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Railway Equipment Manufacturing and Repair in Australia: Market Research Report

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

Railway Equipment Manufacturing and Repair Market Research Report | ANZSIC C2393 | Sep 2014

Off the rails: Revenue is declining as demand from mining firms slows

The Railway Equipment Manufacturing and Repair 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
$3bn
Annual Growth 10-15
-3.1%
Annual Growth 15-20
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Profit
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Employment
5,701
Businesses
95
Industry Analysis & Industry Trends

The Railway Equipment Manufacturing and Repair industry has managed to stay on track despite the overall difficult environment for manufacturing industries. Due to starting at a high level, industry revenue is forecast to decline at an annualised 3.1% over the five years through 2014-15, to $2.7 billion. Industry revenue is expected to contract by 3.6% during 2014-15.

Industry demand has been strong over much of the past five years, but is beginning to wane as investment in railways by the Mining division slows. Investment in commuter trains by state governments and increased government spending on rail networks have also affected the industry. The delivery of the last of 78 new trains as part of the Waratah project in Sydney caused industry revenue to decline during 2013-14... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years through 2014-15, industry revenue is forecast to decline at an annualised 3.1% to reach $2.7 billion. In 2014-15, industry revenue is forecast to decline by 3.6%. Revenue is falling due to a decline in investment into rail infrastructure by mining companies. Additionally, the completion of some large passenger rail projects resulted in revenue declining strongly during 2013-14.

Following the global financial crisis, the government attempted to stimulate the economy by investing heavily into infrastructure. This included investment in passenger rail services, which increased demand for industry products. This coincided with high levels of capital investment in rail by the Mining division and resulted in strong sales within the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Railway Equipment Manufacturing and Repair Industry?

The Railway Equipment Manufacturing and Repair industry consists of establishments that manufacture or repair railway or tramway locomotives and rolling stock, such as wagons and passenger carriages. The industry excludes the construction and maintenance of railroads.

Industry Products
End-to-end manufactureRepair and maintenancePassenger railcars fit outLocomotive components Freight wagons
 
Industry Activities
LocomotivesRailway rolling stockRepair of locomotives and rolling stockTramCable carRail carriage


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