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 grown strongly as downstream demand for these forms of transport has grown strongly. In the case of intermodal freight and passenger networks, expansion plans were already in place. Construction work for these kinds of rail networks relies on government funding. Governments are heavily involved in the downstream industries as owners and operators of track. The tipping point for the industry came in 2009. In response to the global financial crisis, the Federal Government announced a major package of infrastructure investment... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a medium level of market share concentration with the top four players estimated to account for more than 40.0% of industry revenue. The industry exhibits high barriers to entry, making it difficult for new players to enter and establish large-scale operations. Furthermore, larger dominant players in the industry are able to broaden their scope of capabilities and increase their appeal to clients.
Market share concentration is expected to decrease over the five years through 2013-14. This is mainly driven by a surge in infrastructure projects over the past five years. As companies attempted to secure as many projects as possible, partnerships were formed with smaller domestic and other international players to deliver the services... purchase to read more