Reports
Australia Railroads Market: By Type: Passenger Rail, Rail Freight; By Distance: Long Distance, Short Distance; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Australia Railroads Market Outlook
The Australia railroads market stood at a value of USD 33.8 billion in 2021. The market is further expected to grow at a CAGR of 6.90% in the forecast period of 2023-2028 to attain a value of USD 50.2 billion by 2027.
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Increased Demand for Passenger Rail to Propel the Australia Railroads Industry
Based on type, the passenger rail segment holds a significant market share in the railroad industry. The increasing passenger traffic has been contributing to the demand for passenger railroads in the region. In addition, the development of improved metros and bullet trains, owing to the increased influx of daily commuters, is expected to further support the market growth. Furthermore, railroads are an economical means of transport, which is expected to add to their popularity in the coming years. Additionally, the growing tourism industry in the region is also projected to propel the demand for railroads in the forecast period.
In Australia, the increased demand for freight railroads to support the economic activities across industry verticals is projected to supplement the industry growth in the forecast period. Rail freights help transport goods and resources in bulk from ports to warehouses and vice-versa, which is contributing to the country’s economic growth. Moreover, the rail network is instrumental in the transportation of business goods in Australia, playing a key role in export of coal and iron ore. This trend is further expected to be fuelled by the rising trade activities among countries, thereby aiding the market.
Railroads: Market Segmentation
Railroads, also referred to as railways, are a mode of transportation for both passengers and goods, wherein the wheeled vehicle runs on rail tracks, which directionally guide the train. Railroad transportation imparts lower frictional resistance to a wheeled vehicle compared to road, which helps boost the efficiency of vehicles and reduce energy consumption.
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By type, the market is divided into:
- Passenger Rail
- Rail Freight
On the basis of distance, the market can be segmented into:
- Long Distance
- Short Distance
The regional markets for the product include New South Wales, Victoria, Queensland, Western Australia, South Australia, and others.
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Rapid Industrialisation to Augment the Australia Railroads Industry
The railroads industry in Australia is anticipated to be aided by the rapid industrialisation in the region. This can be attributed to the increased expenditure by the government in the development and expansion of railroad infrastructure across the country. Moreover, the benefits of reduced carbon emission and cost-efficiency associated with railroad transportation are expected to support the market growth in the forecast years. In addition, railroads help reduce the issues of air pollution and traffic congestion across the cities. This, in turn, is expected to enhance the utilisation of railroad services among environmental conscious commuters. Further, the development of advanced infrastructure , making use of the internet of things and real time data analysis provide better insights to rail passengers as well as freight customers is expected to improve customer experience. These factors are projected to support the market growth in Australia in the coming years.
Key Industry Players in the Australia Railroads Market
The report gives a detailed analysis of the following key players in the Australia railroads market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Bombardier Transportation
- Downer Group
- UGL Rail
- Alstom SA
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distance, State |
| Breakup by Type | Passenger Rail, Rail Freight |
| Breakup by Distance | Long Distance, Short Distance |
| Breakup by State | New South Wales, Victoria, Queensland, Western Australia, South Australia, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Bombardier Transportation, Downer Group, UGL Rail, Alstom SA, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Opportunities and Challenges in the Market
7 Australia Economy Overview
8 Market Snapshot
8.1 Australia
9 Australia Railroads Market Analysis
9.1 Key Industry Highlights
9.2 Australia Railroads Historical Market (2018-2022)
9.3 Australia Railroads Market Forecast (2023-2028)
9.4 Australia Railroads Market by Type
9.4.1 Passenger Rail
9.4.1.1 Historical Trend (2018-2022)
9.4.1.2 Forecast Trend (2023-2028)
9.4.2 Rail Freight
9.4.2.1 Historical Trend (2018-2022)
9.4.2.2 Forecast Trend (2023-2028)
9.5 Australia Railroads Market by Distance
9.5.1 Long Distance
9.5.1.1 Historical Trend (2018-2022)
9.5.1.2 Forecast Trend (2023-2028)
9.5.2 Short Distance
9.5.2.1 Historical Trend (2018-2022)
9.5.2.2 Forecast Trend (2023-2028)
9.6 Australia Railroads Market Analysis by State
9.6.1 New South Wales
9.6.2 Victoria
9.6.3 Queensland
9.6.4 Western Australia
9.6.5 South Australia
9.6.6 Others
10 Regional Analysis
10.1 New South Wales
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Victoria
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Queensland
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Western Australia
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 South Australia
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Bombardier Transportation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Downer Group
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 UGL Rail
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Alstom SA
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Railroads Market: Key Industry Highlights, 2018 and 2028
2. Australia Railroads Historical Market: Breakup by Type (USD Million), 2018-2022
3. Australia Railroads Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Australia Railroads Historical Market: Breakup by Distance (USD Million), 2018-2022
5. Australia Railroads Market Forecast: Breakup by Distance (USD Million), 2023-2028
6. Australia Railroads Historical Market: Breakup by State (USD Million), 2018-2022
7. Australia Railroads Market Forecast: Breakup by State (USD Million), 2023-2028
8. Australia Railroads Market Structure
Key Questions Answered in the Report
In 2021, the Australia railroads market attained a value of USD 33.8 billion.
The market is projected to grow at a CAGR of 6.90% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 50.2 billion by 2027.
The major drivers of the industry, such as the increased passenger traffic, rising demand for freight transportation, increased investments by the government in the expansion of the railroad network, and the associated benefits of railroads including reduced traffic congestion and cost effectiveness, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rapid industrialisation.
The major regions in the industry are New South Wales, Victoria, Queensland, Western Australia, South Australia, and others.
The significant types include passenger rail and rail freight.
The significant market divisions based on distance include long distance and short distance.
The major players in the industry are Bombardier Transportation, Downer Group, UGL Rail, Alstom SA, and others.
Analyst Review
The Australia railroads market attained a value of USD 33.8 billion in 2021, driven by the increased investments by the government in the expansion of the railroad network. Aided by the rapid industrialisation, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.90%. The market is projected to reach a value of USD 50.2 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into passenger rail and rail freight. On the basis of distance, the industry can be segmented into long distance and short distance. The major regional markets for railroads are New South Wales, Victoria, Queensland, Western Australia, South Australia, and others. The key players in the above market include Bombardier Transportation, Downer Group, UGL Rail, Alstom SA, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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