The Australian Taxi and Other Road Passenger Transport industry is heavily regulated, with state governments determining the number of taxis on the road, the fares they can charge and the structure of the industry in which they operate. Hire cars, and limousines and wedding cars are moderately regulated, with state governments determining the number of these vehicles on the road and the operating conditions. Over the five years through 2011-12, the number of taxis on the road is expected to grow an annualised 1.9%. Over the same period, revenue will grow an annualised 2.5% to reach a forecast $4.75 billion.
Companies in this industry operate taxicabs, hire cars with drivers, or other forms of road vehicles for passenger transportation, such as limousines and wedding cars.
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.