Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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:
|
| Breakup by Type |
|
| Breakup by Distance |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
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.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124