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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

The Semi-Trailer and Truck Rental market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry SWOT Analysis Chapter

The Semi-Trailer and Truck Rental industry in Australia is considered to be in the mature phase of its life cycle. Industry value added (IVA), which represents the industry's contribution to the economy, is projected to grow by an annualised 2.8% over the ten years through 2019-20. This growth is roughly in line with the overall economy, which is expected to grow by an annualised 2.7% over the same period. This is indicative of a saturated market. In addition, there is very little technological change within the industry. Product offerings are stable and clearly segmented and buyers are limited to road freight operators.

Over the ten years through 2019-20, IBISWorld forecasts the number of establishments to grow by an annualised 0.8%... 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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