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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 | Oct 2014

Down the track: Rail projects are underway to ease congestion and cater to population growth

The Rail Passenger Transport market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
30,634
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 2014-15, revenue for the Rail Passenger Transport industry is expected to grow at a compound annual rate of 2.5%. Increased demand has resulted in ticket sales growth, but the bulk of industry revenue has continued to come from government subsidies and grants. Industry revenue is expected to reach $8.6 billion in 2014-15, representing an increase of 3.5% over the 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 - 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, a further barrier.

Current operators are provided with substantial grants and levies by the state governments that own the assets they 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. Opportunity may exist in joint ventures, where private capital can be used in rolling stock ownership, terminal operations on a contract basis and the provision of communication technology... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

Companies in this 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 transport services (railway)Suburban railway transport servicesMonorail operationRural passenger rail services


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