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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 | Feb 2015

Slow and steady: Revenue grows as merchandise trade volumes increase

IBISWorld’s Truck Repair market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
1.9%
Annual Growth 15-20
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Profit
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Employment
21,615
Businesses
2,015
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 Analysis Chapter

The Truck Repair industry has been resilient over the past five years, posting solid growth on the back of increased demand from a growing fleet of trucks and commercial vehicles. Growth in kilometres travelled and demand for freight have resulted in higher wear and tear on trucks and commercial vehicles, boosting demand for industry services. Countering this growth has been a declining road accident rate, which has dampened demand for repairs.

Industry revenue is forecast to rise at a compound annual rate of 1.9% over the five years through 2014-15, to reach $5.2 billion. Revenue growth is expected to slow to 0.6% in the current year... 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 electronicsSpecialist brake repairSpecialist transmissionVehicle paintParts distributionSpecialist alignment and suspension
 
Industry Activities
Alignment and suspension servicesBrake repair and maintenanceTruck parts distributionTruck electronics repair and maintenanceEngine repair and maintenanceAlignment and suspension servicesBrake repair and maintenanceTruck parts distributionTruck electronics repair and maintenanceEngine repair and maintenance


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