Industry Analysis & Industry Trends
The Heavy Duty Truck Parts Wholesalers industry sells local and foreign-made truck parts to retailers and repair stores, for use in the repair and maintenance of trucks. The industry, while separated from the Road Freight Transport industry by intermediaries, is highly dependent on final demand for industry products from truck drivers and operators. Rising road freight transport demand, an ageing vehicle fleet and a greater number of trucks on the road benefits industry operators. Road freight companies tend to use more trucks than any other industry. These trucks are often large, articulated trucks transporting heavy loads over long distances. There is a large amount of wear on components, particularly tyres, brakes and transmissions, which increases the need for truck parts... purchase to read more
Industry Report - Industry Products Chapter
The industry's products and services reflect the maintenance requirements of road freight transport vehicles. Products supplied by the industry include tyres, brakes, drive train components and other consumables.
Tyres are the industry's biggest product segment. Truck tyres cost significantly more than passenger vehicle tyres. The average truck requires a minimum of six tyres and this number increases with the size of the truck. The heavy loads carried by trucks mean that the tyres get a lot of wear during acceleration and braking. Demand for this segment is directly related to tonne-kilometres travelled. This segment has increased as a portion of revenue over the past five years due to a growing number of trucks on the roads and heavier average loads carried... purchase to read more