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Rail Passenger Transport in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Passenger Transport Market Research Report | ANZSIC I4720 | Nov 2016

On the level: Significant road congestion has caused industry demand to grow

The Rail Passenger Transport market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 12-17
3.1%
Annual Growth 17-22
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Profit
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Employment
31,773
Businesses
25
Industry Analysis & Industry Trends

The popularity of passenger rail has resurged over the past decade, with patronage reaching record levels in many cities and benefiting the Rail Passenger Transport industry. Several factors have driven growing patronage, including the high cost of petrol (prior to a substantial drop in 2014-15) and other costs associated with passenger vehicles, such as parking and time spent in traffic. Higher employment in CBDs and strong population growth have also boosted patronage rates. Industry revenue is forecast to grow at a compound annual rate of 3.1% over the five years through 2016-17, to reach $9.2 billion. The industry is expected to continue expanding in the current year, with forecast revenue growth of 3.5% in 2016-17... purchase to read more

Industry Report - Industry Products Chapter

Australian urban rail systems are commuter rail systems that transport large numbers of people from outer locations in suburban areas into one centralised point and back out again. Due to the nature of these systems, demand is focused on morning and afternoon peak periods. Cost recovery during other periods is a challenge for industry operators, especially given the capital-intensive nature of the industry's rail systems (otherwise known as heavy rail systems). Due to the length of rural journeys and the limited services compared with urban rail networks, rural transportation is treated as a separate product and service.

Over the next 10 years, increasing density in urban centres is expected to promote the development of metro-style systems transporting commuters across cities... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Passenger Transport Industry?

Companies in the industry operate railways that transport passengers. This includes passenger services for commuter rail and metropolitan rail, and monorail operations. The industry excludes tramways, rail terminal operations and tourist rail passenger services.

Industry Products
Urban weekday peak servicesUrban weekday off-peak servicesUrban weekend servicesRural services
 
Industry Activities
Passenger railway transport services Suburban passenger railway transport servicesMonorail operationRural passenger railway transport services


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