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Australia railway transport market increased by 12% CAGR during 2000 to 2010

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Transport via Railways in Australia: ISIC 601 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 05:42:03
After growing by a net 170% over 2000-2010, the Australian industry of transport via railways has great future growth potential, being a solution to traffic congestion in urban areas and the large death toll on the country´s roads.

The total market was valued at A$2.5 billion in 2000, and following 12% average annual growth over the decade it stood at A$7.2 billion in 2010. The market increased throughout the review period, with the exception of 2004 when it experienced a 6% year-on-year decline.

The buyer structure is dominated by businesses, whose freight transport via railways accounted for a 61% value share of the local buyers´ market throughout the review period. A further 38% value share of demand came from households, with only 1% of demand generated by capital purchases.

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