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Australia Railroads Market

Australia Railroads Market Size, Share, Trends, Forecast: By Type: Passenger Rail, Rail Freight; By Distance: Long Distance, Short Distance; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Australia Railroads Market Outlook

The Australia railroads market stood at a value of USD 38.63 billion in 2023. The market is further expected to grow at a CAGR of 6.8% in the forecast period of 2024-2032 to attain a value of USD 70.08 billion by 2032.

 

Australia Railroads Market

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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.

 

Australia Railroads Market By Segment

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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.

 

Australia Railroads Market Report And Forecast

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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 (2018-2023) 
    9.3    Australia Railroads Market Forecast (2024-2032)
    9.4    Australia Railroads Market by Type
        9.4.1    Passenger Rail
            9.4.1.1    Historical Trend (2018-2023)
            9.4.1.2    Forecast Trend (2024-2032)
        9.4.2    Rail Freight
            9.4.2.1    Historical Trend (2018-2023)
            9.4.2.2    Forecast Trend (2024-2032)
    9.5    Australia Railroads Market by Distance
        9.5.1    Long Distance
            9.5.1.1    Historical Trend (2018-2023)
            9.5.1.2    Forecast Trend (2024-2032)
        9.5.2    Short Distance
            9.5.2.1    Historical Trend (2018-2023)
            9.5.2.2    Forecast Trend (2024-2032)
    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 (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Victoria
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Queensland
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Western Australia
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    South Australia
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
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 2032
2.    Australia Railroads Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Australia Railroads Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Australia Railroads Historical Market: Breakup by Distance (USD Million), 2018-2023
5.    Australia Railroads Market Forecast: Breakup by Distance (USD Million), 2024-2032
6.    Australia Railroads Historical Market: Breakup by State (USD Million), 2018-2023
7.    Australia Railroads Market Forecast: Breakup by State (USD Million), 2024-2032
8.    Australia Railroads Market Structure

Key Questions Answered in the Report

In 2023, the Australia railroads market attained a value of USD 38.63 billion.

The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 70.08 billion by 2032.

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 38.63 billion in 2023, 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 2024-2032, growing at a CAGR of 6.8%. The market is projected to reach a value of USD 70.08 billion by 2032.

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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