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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 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 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 Products Chapter

Products and services can be generally split into general service, specialist repairs and parts distribution segments.

General services

The majority of the industry's revenue comes from servicing vehicles on a schedule based on the volume of kilometres they travel. Commercial vehicles are serviced regularly to ensure they are operating efficiently and safely. Regular servicing may also be part of licence conditions for some operators.

Brakes require constant repair and maintenance for safe driving. While both engine brakes and brake systems are used on the industry's largest vehicles, the use of engine brakes is limited within many residential areas due to noise concerns. Such limits increase the wear and tear on standard braking systems... 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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