Industry Analysis & Industry Trends
The industry has recovered relatively well over the five years through 2013-14. Companies looked to hold off on the maintenance of their trucks at the beginning of the five-year period, causing a slight decline. However, this was quickly offset by the growing demand from downstream industries. As momentum builds, industry revenue is forecast to grow by 3.5% in 2013-14.
The performance of the Heavy Duty Truck Parts Wholesalers industry is highly dependent on demand from final markets for its goods, such as the Road Freight Transport industry. Road freight companies tend to use more trucks than any other industry. These trucks are often large, articulated trucks transporting heavy loads... purchase to read more
Industry Report - Industry Products Chapter
The industry's products and services reflect the maintenance requirements of road freight transport industry vehicles. Products include tyres, brakes, drive train components and other consumables.
Tyres are the biggest product segment in the industry. Truck tyres cost significantly more than passenger vehicle tyres. The average truck requires a minimum of six tyres, and this number only 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 of products and services is directly related to tonne-kilometres travelled... purchase to read more