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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 | Apr 2014

Congestion ahead: The industry strives to keep on track as demand for rail services soars

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 09-14
4.2%
Annual Growth 14-19
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Profit
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Employment
30,560
Businesses
25
Industry Analysis & Industry Trends

There has been a resurgence in the popularity of passenger rail over the past decade, with patronage in many cities reaching record levels. Over the five years through 2013-14, revenue for the Rail Passenger Transport industry is expected to grow at a compound annual rate of 4.2%. Increased demand has resulted in growth in ticket sales revenue, and additional subsidies and grants from governments to allow operators to meet demand. Industry revenue is expected to reach $8.6 billion in 2013-14, representing an increase of 2.5% over the previous year.

Growing patronage has been driven by several factors, including increases in the cost of petrol and other costs associated with passenger vehicles, such as parking and time spent in traffic... purchase to read more

Industry Report - Industry Analysis Chapter

Rail passenger transport has become increasingly popular in the past five years. The industry's primary function is the transportation of workers and students from dispersed residential areas to and from city centres. The industry's main form of external competition comes from passenger vehicles. Rail passenger numbers have grown over the past 10 years, overturning decades of declining network usage. The largest factor in this movement back to trains is the increasing cost and inconvenience associated with driving.

Petrol prices have grown strongly over the past decade, a long-term trend that has made passenger vehicles relatively less attractive for commuting. Increasingly congested roads have lengthened commuting times... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

The Rail Passenger Transport industry consists of companies operating railways for the transportation of passengers. This includes passenger services for commuter rail and metropolitan rail and the operation of monorails, but exclude tramways, rail terminal operation and tourist rail passenger services.

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


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