Passenger rail in Australia has experienced a resurgence in popularity in the past decade, with patronage in many cities reaching record levels. Increased demand has resulted in growth in revenue from ticket sales, as well as additional subsidies and grants from governments, with industry revenue expected to reach $7.49 billion in 2011-12, an increase of 1.3% on 2010-11. Over the five years through 2011-12, industry revenue has grown 3.6% per annum. Growing demand has been driven by several factors, including increases in the cost of petrol and other costs associated with passenger vehicles such as parking and time spent in traffic jams.
The Passenger Rail Transport industry consists of companies operating railways for the transportation of passengers. These railways consist of heavy rail (large trains using dedicated rail tracks over short distances) and commuter travel (large trains using dedicated track over longer distances), but excludes tramways and monorails.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.