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. Industry revenue is forecast to grow at an annualised 3.6% over the five years through 2013-14, to reach $3.4 billion.
Industry order books have been strong, with investment by state governments in commuter trains, increased government spending on rail and strong growth in demand for bulk rail freight transport. The industry has been able to prosper despite the strengthening Australian dollar, which has made many other areas of manufacturing uncompetitive... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a high level of market share concentration, with the top four players accounting for an estimated 76.6% of industry revenue in 2013-14. The high level of market share concentration is attributed to the scope of capabilities of the larger players, which allows them to taken on large projects. However, the industry is also characterised by a large number of smaller firms. These firms tend to specialise in niche markets and are usually employed by the larger firms as sub-contractors. Market share concentration is expected to increase over the next five years as the large players continue to consolidate their market position. .. purchase to read more