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Rail Passenger Transport in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Passenger Transport Market Research Report | ANZSIC I4720 | Nov 2016

On the level: Significant road congestion has caused industry demand to grow

IBISWorld’s Rail Passenger Transport market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 12-17
3.1%
Annual Growth 17-22
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Profit
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Employment
31,773
Businesses
25
Industry Analysis & Industry Trends

The popularity of passenger rail has resurged over the past decade, with patronage reaching record levels in many cities and benefiting the Rail Passenger Transport industry. Several factors have driven growing patronage, including the high cost of petrol (prior to a substantial drop in 2014-15) and other costs associated with passenger vehicles, such as parking and time spent in traffic. Higher employment in CBDs and strong population growth have also boosted patronage rates. Industry revenue is forecast to grow at a compound annual rate of 3.1% over the five years through 2016-17, to reach $9.2 billion. The industry is expected to continue expanding in the current year, with forecast revenue growth of 3.5% in 2016-17... purchase to read more

Industry Report - Starting a New Business Chapter

Railroads require specific and large investment in infrastructure, rolling stock, equipment and systems as well as train stations. This represents a significant barrier to any new operators in the industry. The industry also requires appropriately skilled operating staff, which presents a further barrier.

Current operators are provided with substantial grants and levies by the state governments that own the assets that industry firms operate. Without this assistance, operators would be running at considerable losses. Low profitability represents a barrier to entry to any operators that do not have government assistance... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

Companies in the industry operate railways that transport passengers. This includes passenger services for commuter rail and metropolitan rail, and monorail operations. The industry excludes tramways, rail terminal operations and tourist rail passenger services.

Industry Products
Urban weekday peak servicesUrban weekday off-peak servicesUrban weekend servicesRural services
 
Industry Activities
Passenger railway transport services Suburban passenger railway transport servicesMonorail operationRural passenger railway transport services


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