The future of Australia's public and private transport sector is being moulded by a combination of technological disruption, strong regulatory and policy leadership, and investment opportunities.
Like most countries, Australia is rethinking its transport infrastructure to address increasing urbanisation, rapid population growth and environmental sustainability. Australia's strengths are its track record in embracing and developing new technologies, and the ability and willingness of its transport authorities, education institutions and industry to collaborate and deliver innovative solutions.
Australia offers an ideal market to develop, innovate and refine new modes of transport and transport technology.
There are over 15 connected and automated vehicle trials underway, supported by a robust research and development (R&D) infrastructure. This includes the iMove Cooperative Research Centre, the Australian Integrated Multimodal Ecosystem (AIMES) and the national science agency CSIRO's Data61, a world leader in data science research and engineering.
Strong government support exists at all levels for Intelligent Transport Systems (ITS) and emerging technologies in automated vehicles. Australia has announced an ambitious reform agenda to have an end-to-end regulatory system in place by 2020 for automated vehicles at all levels of automation. The Australian Government is releasing bandwidth for dedicated Cooperative ITS (C-ITS) and spending over A$200 million on satellite and GPS technology. Government transport authorities also provide open datasets to industry.
These developments are spurring activity and investment by transport authorities, automotive OEMs, and local and international firms. BMW, Bosch, Hyundai, Mercedes-Benz, Volvo and technology companies like Tesla, Navya and EasyMile are all active in Australia.
The activity is helping cement Australia's place as a significant global player and growth market.
The Australian future transport and mobility industry is expected to grow significantly over the next few years, generating more than $16.08 billion in revenue by 2025.1
This industry capability report gives an overview of Australian capability and investment opportunities across the major sub-sectors of the future transport and mobility industry: Intelligent Transport Systems, Connected and Automated Vehicles and Mobility as a Service. It includes examples of Australian companies with specialist expertise, and of international firms which have chosen to invest in or partner with Australia.
Talk to your local Austrade representative for more tailored advice and information about connecting with the Australian future transport and mobility industry.