The Railway Equipment Manufacturing industry has performed strongly over the five years through 2012-13. Revenue is expected to increase at a compound annual rate of 3.7%. In 2012-13, the industry is expected to be worth $3.63 billion, a 4.1% increase on 2011-12. Industry order books have been strong, with investment by state governments in commuter trains, increased government spending on rail, and strong growth in demand for bulk rail freight transport. The industry has been able to prosper despite the strengthening Australian dollar, which has made many other areas of manufacturing uncompetitive.
The Railway Equipment Manufacturing industry consists of establishments that manufacture or repair railway or tramway locomotives and rolling stock, such wagons and passenger carriages. This industry excludes the construction and maintenance of railroads.
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.