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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 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 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 Locations Chapter

The bulk of industry activity is located on the eastern seaboard, with New South Wales, Victoria and Queensland accounting for an estimated 73.9% of establishments. This broadly corresponds with the distribution of national population and economic activity in these states, and the importance of being in close proximity to key markets. The major markets serviced by the industry are transport companies providing intrastate and capital city services, concentration of businesses and population is closely linked to the distribution of establishments in the industry. However, there is a significant share of industry activity in Western Australia which reflects the importance of the recent construction and mining boom and the vast freight transport network... 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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