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Semi-Trailer and Truck Rental in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Semi-Trailer and Truck Rental Market Research Report | Industrial Machinery, Gas & Chemicals | General Contractors | Feb 2016

Cruising along: High demand and increasing trade boost industry revenue

IBISWorld’s Semi-Trailer and Truck Rental market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
ORIX ORIX market share
Rentco Rentco market share
Industry Statistics & Market Size
Revenue
$110m
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment
205
Businesses
50
Industry Analysis & Industry Trends

The Semi-Trailer and Truck Rental industry has cruised through a growth period over the past five years, despite some minor bumps along the way caused by fluctuations in Australia's merchandise trade. The industry's revenue is expected to grow by an annualised 2.5% over the five years through 2015-16, to $110.0 million. This includes growth of 2.8% during the current year.

The industry fulfils a small but important role in the transport sector, supplementing the fleet of transport firms to help meet short-term requirements. This includes coping with a spike in customer orders to be filled, the need to meet unusual vehicle specifications (outside the normal vehicle fleet), and the temporary replacement of fleet stock in response to vehicle breakdowns... purchase to read more

Industry Report - Industry Products Chapter

The industry rents out semi-tractors (trucks) and semi-trailers. These are categorised based on their gross vehicle mass (GVM) and the number of axles. Semi-trailers make up the majority of the industry products. This is because a wide range of trailers can be hauled by a single prime mover. The price charged for trailers varies depending on the size and modifications of the trailers. For example, a tri-axle refrigerated trailer will be significantly more expensive than a single-axle flatbed.

Tri-axle trailer

Tri-axle trailers have three axles, and tend to be the largest trailers. These may have six or twelve wheels depending on the designed load. Tri-axle trailers are designed to transport loads of between 30 to over 40 tonnes... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Semi-Trailer and Truck Rental Industry?

Companies in this industry primarily rent out semi-tractors (trucks) and semi-trailers without a driver, including prime movers, tandem-axle and tri-axle trailers. The industry excludes companies primarily engaged in long-term leasing activities.

Industry Products
Semi-tractorsSingle- and tandem-axle trailersTri-axle trailersLight and heavy rigid trucks
 
Industry Activities
Renting out semi-tractorsRenting out semi-trailers


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