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Truck Repair in Australia: Market Research Report

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

Truck Repair Market Research Report | Industrial Machinery, Gas & Chemicals | Industrial Contractors | Mar 2016

Keep on trucking: Rising road freight volumes are expected to support revenue growth

IBISWorld’s Truck Repair 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
22,040
Businesses
2,033
Industry Analysis & Industry Trends

The Truck Repair industry has driven through the barriers presented to it by the weaker economic conditions at the start of the period to post steady growth over the past five years. Industry operators have benefited from increasing demand from road freight transport operators driving the volume of freight transported, which has led to greater wear and tear on trucks, subsequently stimulating demand for truck repair. As a result, industry revenue is forecast to grow at a steady rate, rising at an annualised 2.4% over the five years through 2015-16, to reach $5.3 billion.

Over the past five years, the industry has benefited from the growth of Australia's truck fleet, which has occurred despite the average age of trucks increasing... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Truck Repair industry is characterised by a level of 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

 


Industry ProductsRelated ReportsTable of Contents

What is the Truck Repair Industry?

This industry provides aftermarket repair services and products for light, medium and heavy-duty trucks. Aftermarket refers to maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale.

Industry Products
General servicesSpecialist repairsParts distribution
 
Industry Activities
Alignment and suspension servicesBrake repair and maintenanceTruck parts distributionTruck electronics repair and maintenanceEngine repair and maintenance


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