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 Locations Chapter
The majority of industry establishments are located along the eastern seaboard of Australia. Australia's most populous states of New South Wales, Queensland and Victoria are hubs of population and business. Both consumer and business markets are important for Road Freight Transport industry operators. Repair services tend to be located close to the activities of road freight operators. These three states also have a range of transport-related infrastructure, such as ports and airports, which support freight transport activities. Commercial vehicle wholesalers also have a strong presence in Victoria, New South Wales and Queensland, with operations in these states accounting for over 75% of all establishments in the Commercial Vehicle Wholesaling industry... purchase to read more