Rolling revenue: Rising passenger rail journeys and government investment have supported growth

The Rail Transport industry conducts bot passenger and freight rail transport in Ireland. Passenger rail transport is the largest service offered in the industry, and is estimated to account for 86% of revenue in the current year. Demand for passenger rail services benefitted from increased rail passenger journeys supported by a significant decline in the national unemployment rate which boosted demand from commuters over the past five years. Rail freight services benefited from a surge in industrial production activity in 2015, however volumes slowed in the latter half of the period, which contributed to a slowdown in revenue growth. Overall, industry revenue is expected to increase at a compound annual rate of 3.1% over the five years through 2019, reaching €288.1 more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Although revenue has grown consistently, the industry continues to operate at a loss
  • Irish Rail's temporary pay cut allowed for considerable savings, although it did trigger industrial action
  • Ongoing rises in the population are expected to support increased demand and revenue
  • Industry Report - Industry Locations Chapter

    The distribution of establishments is in line with population distribution and economic activity. As a result, Dublin holds the majority of establishments due to the region's share of population and economic activity. Dublin also holds all the high frequency lines and significant number of journeys begin and end in Dublin. Irish Rail is also headquartered in the region.The South East and South West account for a significant share of population and Irish Rail operates intercity routes for passengers in the area. For example, in Cork, passenger rail services are provided within the county with connecting services from Mallow to Midleton and Cobh...purchase to read more.

    Additional Insights for the Rail Transport Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Rail Transport Industry are

  • Having an effective performance monitoring system
  • Carrying out all necessary maintenance to keep facilities in good condition
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Passenger rail journeys and National unemployment rate in the Rail Transport industry impact industry performance..

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    What's in this report

    What is the Rail Transport in Ireland Industry?

    Rail Transport in Ireland includes passenger and freight transport by rail between counties. The Passenger Rail Transport industry transports passengers by rail between urban areas. The industry also provides some support services, such as managing railway stations, and transports of freight and post.

    Industry Products
  • Passenger fares
  • Freight charges
  • Other rail services
  • Industry Activities
  • Providing passenger rail transportation services
  • Managing train stations
  • Providing rail support services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Passenger rail journeys
  • National unemployment rate
  • Fuel prices
  • Total number of registered motor vehicles
  • Population

  • Current Performance
    Rolling revenueIndustry profitability
  • Chart: Revenue Growth

  • Industry Outlook
    Rallying railFuture funding
  • Table: Rail Transport Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Rail Transport Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Postal & Courier Activities in Ireland
  • Advertising Agencies in Ireland

  • Key Selling Industries
  • Petroleum Refining in Ireland
  • Railway Equipment Manufacturing in Ireland

  • Products & Services
  • Passenger fares
  • Freight charges
  • Other rail services
  • Chart: Rail Transport Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commuters
  • Leisure travellers
  • Industrial customers
  • Chart: Major Market Segmentation for the Rail Transport Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Other Costs
  • Chart: Cost Structure Benchmarking – Sector vs Rail Transport

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Rail Transport Industry

  • Industry Globalization
    Irish Rail,
  • Table: Irish Rail - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Rail Transport Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Rail Transport Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Money paid for passenger rail transport.
  • Freight Charge
  • Charges paid for freight rail transport.
  • Monopoly
  • A single operator in an industry with significant power.
  • Rolling Stock
  • Locomotives, carriages and other vehicles used on a railway.
  • Track Access Charge
  • A charge paid by railway operators to use rail facilities.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Rail Transport in Ireland market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Rail Transport in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Rail Transport in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Rail Transport in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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