Railway Equipment Manufacturing and Repair in Australia - Industry Market Research Report

Railway Equipment Manufacturing and Repair in Australia - Industry Market Research Report

Railway Equipment Manufacturing and Repair in Australia

The Railway Equipment Manufacturing and Repair industry has expanded in recent years despite pandemic-induced lockdowns and logistical disruptions constraining demand from downstream markets. Manufacturers rely heavily on large contracts with major logistics companies and government bodies for revenue. State and local governments have ramped up investment in high-tech rail locomotive and carriages in recent years, fuelling industry revenue growth. Despite the unprecedented losses experienced over the two years through 2020-21, industry revenue is expected to grow at an annualised 2.0% over the five years through 2022-23 to total $3.6 billion, when revenue is anticipated to slump by 2.8% of revenue.

Industry companies manufacture or repair railway locomotives and rolling stock. This includes rail carriages, trams and cable cars. The industry excludes railroad construction.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."