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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

The Truck Repair 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
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 - Starting a New Business Chapter

The Truck Repair industry exhibits a low barriers to entry, with skill and capital being the main obstacles. Capital is required to lease or buy premises and the tools required to perform industry services. It is also necessary to purchase and hold spare parts and other products for sale. In general, industry operators looking to work on large vehicles, such as B-doubles or B-triples or other configurations that can carry over 4.5 tonnes, face the highest capital requirements.

The other key barriers are skill and experience. Prospective entrants require access to a workforce with the skills to conduct general services and more specialised repairs. The more specialised the niche targeted by an operator, the higher the skill and equipment requirements... 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 maintenanceAlignment and suspension servicesBrake repair and maintenanceTruck parts distributionTruck electronics repair and maintenanceEngine repair and maintenance


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