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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 | Feb 2016

Off the rails: Revenue has been reduced by slowing mining demand over the past five years

IBISWorld’s Railway Equipment Manufacturing and Repair 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
$3bn
Annual Growth 11-16
-4.6%
Annual Growth 16-21
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Profit
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Employment
5,729
Businesses
98
Industry Analysis & Industry Trends

The Railway Equipment Manufacturing and Repair industry has faced a difficult five-year period, as the end of the mining investment boom negatively affected industry revenue. Over the five years through 2015-16, industry revenue is expected to decline at a compound annual rate of 4.6%, to reach $2.6 billion.

Industry revenue fell over the three years through 2013-14 as investment in railways by the mining sector slowed. Furthermore, the total amount of revenue generated in Australia has declined as industry firms have offshored local manufacturing operations. In 2014-15, public sector investment into passenger rail projects in major cities around Australia increased as governments aimed to alleviate the increasing congestion caused by strong growth in public transport patronage... purchase to read more

Industry Report - Industry Analysis Chapter

The Railway Equipment Manufacturing and Repair industry's revenue is forecast to decline at a compound annual rate of 4.6% over the five years through 2015-16, to $2.6 billion. Reduced expenditure from the mining sector has negatively affected demand for freight-related railway equipment. However, this fall in demand is expected to be offset by increased government expenditure on passenger railway equipment in the two years through 2015-16. While this investment has not been enough to promote overall growth over the period, it is expected to boost industry revenue by 1.2% in 2015-16.

The high costs of manufacturing in Australia have made railway equipment manufacturing unprofitable... 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 firms 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
Repair and maintenancePassenger railcars fit outLocomotive components Freight wagons and components
 
Industry Activities
LocomotiveRailway rolling stockRepair of locomotives and rolling stockTramCable carRail carriage


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