Industry Analysis & Industry Trends
The Railway Track Construction industry builds three kinds of rail networks to transport passengers, intermodal freight and mining output. In the past five years, the industry has displayed wide cyclical fluctuation, surging to a record peak in 2011-12 before trending down sharply over the past three years. Construction of intermodal freight and passenger networks relies on government funding, and expansion plans are developed to meet long-term objectives. Governments are heavily involved in the downstream industries as both owners and operators of track.
The tipping point for the industry came in the late 2000s, when the Federal Government announced a major package of infrastructure investment to counter the impact of the global financial crisis... purchase to read more
Industry Report - Industry Locations Chapter
Geographic distribution of establishments in the industry is closely linked with the distribution of population and economic activity. However, regions of large private capital investment into mining infrastructure also play a role in the location of establishments. Together, Victoria, Queensland and New South Wales account for over three quarters of the industry's businesses. Western Australia is the next largest state in terms of its share of establishments, at 16.1%. This is attributed to large investments into mining in Western Australia over the past decade.
Companies that specialise in niche markets tend to position themselves closer to their target markets... purchase to read more