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Transport Sector Snapshot Report in Australia 2024
BCI’s transport sector snapshot report in Australia captures the total number and value of active projects across the country, as of February 2024.
Transport Sector Project Analysis
As reported by BCI, since 2022 there has been a decline in the number of design applications submitted in the transport sector across Australia. Between 2022 and 2023, there was over a 20% drop in the number of applications, while the number of applications approved also decreased by just over 6% from the previous year.
Australia’s transportation industry, as of February 2024, has just 327 active construction projects, but these total an impressive 288 billion AUD. The vast majority of this total (73.82%) can be attributed to projects in their infancy, at the Concept stage. Meanwhile, the number of active projects in the transport sector are quite evenly spread across the various stages of construction, from Concept through to Design & Documentation, Pre-Construction and Construction.
Looking at the projects broken down by state, we can see that QLD/NT/Other Territories have the largest total value of projects, with just 99 projects worth an overwhelming 170.24 billion AUD. This is more than triple the next highest total value of projects which belongs to the 86 projects in NSW/ACT, worth just over 55.37 billion AUD.
Download the latest 2024 Transport Sector Snapshot Report in Australia.
Featured Project in the Transport Industry
- PID: 267505017
- Approximate Value: 15,000M AUD
- Project Type: RAIL TUNNEL | STATIONS | RAIL EXTENSIONS | LEVEL CROSSING REMOVAL
- Sector: Transport
- Stage: Concept
- Location: Hobsons Bay, Victoria
*All values as of 28 February 2024
Key Market Players in the Transport Construction Sector
Our Sector Snapshot report ranks the leading developers, engineering/technical/services consultants and contractors based on their total construction project value over the past 12 months, as reported by BCI Central. The Department of Infrastructure Transport, Regional Development, Communications and the Arts; KPMG Australia Pty Ltd – Sydney; and CPB Contractors – Sydney ranked as the top developer, consultant and contractor respectively.
Discover the complete list of the top three developers, engineering/technical/services consultants and contractors in our transport sector snapshot report in Australia 2024.
WHAT ARE BCI SECTOR SNAPSHOTS?
The BCI Sector Snapshots are a series of free reports that share top-level insights into key construction sectors in Australia. Our BCI Sector Snapshot reports provide you with the total number and value of active projects broken down into:
- Overall national figures
- Construction stages
- State figures
With further details on
- Key market players (developers, architects and builders)
- Noteworthy projects.
BCI LeadManager offers comprehensive information on the projects undertaken by key market players in the transport construction sector. Within the transport sector, BCI reports on:
- Air Control Towers
- Bus/Rail Interchanges
- Freight Terminals
- Passenger Terminals
- Rail Tracks
Additionally, BCI Analytix provides in-depth analysis of construction activity by sector, stage and location, as well as the sector’s prominent market players.
Explore our range of free Sector Snapshot reports below: