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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 | Mar 2014

Realigned: The industry shifts focus towards high-tech components

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 09-14
3.6%
Annual Growth 14-19
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Profit
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Employment
5,817
Businesses
132
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 Products Chapter

The industry manufactures components for locomotives, freight wagons and passenger cars and 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, by 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 wagons and passenger carriages. This 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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