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 Analysis Chapter
Over the five years through 2013-14, industry revenue is forecast to grow at an annualised 3.6% to reach $3.4 billion. In 2013-14, industry revenue is forecast to grow by 2.4%. Revenue growth has been supported by the final stages of capital investment into mining infrastructure. Following the global financial crisis, the government attempted to stimulate the economy by investing heavily into infrastructure. This has also helped to boost demand for industry products. As a result, demand from both freight and passenger rail has supported revenue growth. However, there has been an emerging trend with industry participants putting a greater emphasis on high-value component manufacturing... purchase to read more