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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

IBISWorld’s Railway Equipment Manufacturing and Repair market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Products Chapter

The industry manufactures components for locomotives, freight wagons and passenger cars. It also provides repair services. These components are used in the assembly of car and locomotive bodies and in repairs. Components, especially elements of the train such as electric drives or high-tech hardware, are some of the most valuable parts of the train. Pre-fabricated body shells, in contrast, have a lower value added. Australian companies have been able to hold their market share in component production due to the high-tech, high-value nature of this segment. The requirements of research, development and engineering prowess allow local companies to compete with imports from economies with lower wage costs... 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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