Industry Analysis & Industry Trends
The Truck Repair industry has driven through the barriers presented to it by the global financial crisis and posted steady growth over the past five years. Industry operators have benefited from increasing demand from road freight transport operators. The relatively high Australian dollar over the past five years has increased imports into the country and subsequently the volume of freight transported, driving wear and tear on trucks and stimulating demand for truck repair. The high dollar also drove the cost of imported parts downwards, helping the industry retain profit margins.
The industry has benefited over the past five years by an increase in the size of Australia's fleet of trucks, which has occurred despite the average age of trucks increasing... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Truck Repair industry has low market share concentration. Industry operators are typically small-scale, independent workshops that are not affiliated with any larger state-wide, national or international company. There are few benefits to economies of scale in the industry as truck repairs are generally quite labour-intensive, while industry operators can be flexible with their staff with regard to hours provided. The only real benefit industry operators can gain through economies of scale is group marketing, but the majority of customers are business customers with which typical marketing channels do not apply... purchase to read more