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