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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 | Dec 2014

Still trucking: Growth in import and export merchandise will keep industry revenue rising

IBISWorld’s Semi-Trailer and Truck Rental market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
ORIX ORIX market share
Rentco Rentco market share
Industry Statistics & Market Size
Revenue
$110m
Annual Growth 10-15
3.7%
Annual Growth 15-20
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Profit
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Employment
200
Businesses
52
Industry Analysis & Industry Trends

The Semi-Trailer and Truck Rental industry has cruised through a growth period since the late 2000s, with some minor bumps along the road. The industry is expected to grow by 3.7% over the five years through 2014-15, climbing to $110.0 million, including a 4.0% growth in sales during the current year.

This growth stems from the increase in demand for total road freight services, partly due to increased volumes of merchandise imports and exports. This industry fulfils a small but important role within the transport sector, supplementing the fleet of transport firms to help meet short-term requirements... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry are high. Establishing new operations requires large amounts of capital to purchase the prime movers and trailers. In order for a business to be successful, it has to have a large product range consisting of different varieties of trailers and trucks. Prime movers can range anywhere from $100,000 to $350,000. Even if the equipment is leased, a sufficient amount of capital is required to cover the negative cash flows before operations gain momentum. Prices of semi-trailers vary depending on their complication and specification.

On a positive note, establishing new operations does not require established relationships with customers and previous reputation. The business tends to be based on one-off transactions... 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-trailersRenting out semi-tractorsRenting out semi-trailers


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