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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 2016

The right track: Increasing road congestion has led to increasing industry demand

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 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
31,249
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. Growing patronage has been driven by several factors, 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 central business districts (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 2015-16, to reach $8.8 billion. Lower petrol prices compared with previous years are projected to result in slower growth of 2.1% in 2015-16... purchase to read more

Industry Report - Industry Investment Chapter

The industry is considered to have a medium level of capital intensity. This is due to the large investments required in infrastructure, equipment and train stations. The dedicated and inflexible rolling stock used in railway operations contributes to the high capital costs associated with entry to the industry. In 2015-16, for every dollar invested in capital, an estimated $0.13 is spent on wages.

Outsourcing the ownership of rail tracks to independent managers reduces the capital costs associated with rail tracks in the interstate corridor, although this will increase access fees payable. In urban rail networks, ownership of the rails is usually separated from the service provider... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

Companies in the industry operate railways for the transportation of passengers. This includes passenger services for commuter rail and metropolitan rail, and the operation of monorails. The industry excludes 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 railway transport services Suburban passenger railway transport servicesMonorail operationRural passenger railway transport services


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