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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 | Oct 2016

Back on the rails: Demand for public transport is set to return the industry to growth

The Railway Equipment Manufacturing and Repair 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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
-3.4%
Annual Growth 17-22
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Profit
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Employment
5,660
Businesses
101
Industry Analysis & Industry Trends

The Railway Equipment Manufacturing and Repair industry has faced a difficult five years, as the end of the mining investment boom negatively affected industry revenue. Increased government spending on passenger transport projects has partially offset declines in mining investment. Over the five years through 2016-17, industry revenue is expected to decline at a compound annual rate of 3.4%, to total $2.6 billion.

Industry revenue fell over the three years through 2013-14 due to slowing investment in railways by the mining sector. Furthermore, the total amount of industry-related revenue generated in Australia has declined as industry firms have offshored local manufacturing operations... purchase to read more

Industry Report - Starting a New Business Chapter

The relatively small size of the domestic market is a barrier to entry. The development of new locomotives, passenger trains and trams is extremely expensive. The Australian market is simply not large enough for Australian firms to compete effectively against international competitors that are able to spread these costs over larger markets and more units. As a result, any new large industry operator needs to have networks with major international operators to access technology and designs. The manufacturing of this equipment is also very capital intensive, requiring a substantial initial investment. This deters many new operators.

Public transport operators are a major market for the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Railway Equipment Manufacturing and Repair Industry?

Industry firms manufacture or repair railway or tramway locomotives and rolling stock, such as wagons and passenger carriages. The industry excludes the construction and maintenance of railroads.

Industry Products
Repair and maintenanceOther servicesPassenger railcars fit outLocomotive components Freight wagons and components
 
Industry Activities
LocomotiveRailway rolling stockRepair of locomotives and rolling stockTramCable carRail carriage


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