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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Products Chapter

Australian urban rail systems are 'commuter rail' systems. Commuter rail systems transport large numbers of commuters from outer locations in suburban areas into one centralised point and back out again. Due to the nature of these systems, demand is focused on morning and afternoon peak periods. Cost recovery during other periods is a challenge for industry operators, especially given the capital-intensive nature of heavy rail systems. Due to the length of rural journeys and the limited services compared with urban rail networks, rural transportation is treated as a separate product and service offered by the industry.

In the next 10 years, increasing density in urban centres may promote the development of metro-style systems transporting commuters across a city... 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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