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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 | Jan 2014

Slow and steady: Revenue grows solidly due to higher demand from road freight transport

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 09-14
2.4%
Annual Growth 14-19
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Profit
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Employment
21,181
Businesses
1,996
Industry Analysis & Industry Trends

Over the past five years, demand for truck repair services has remained solid. Industry revenue is estimated to grow by an annualised 2.4% over the five years through 2013-14 to reach $5.1 billion. Over the period, the Truck Repair industry benefited from higher demand from road freight transport. Furthermore, the number of trucks and commercial vehicles continued to grow along with the number of kilometres driven for these vehicles. The higher truck and commercial vehicle traffic increased wear and tear on vehicles, which helped boost industry revenue. Countering the increased demand from higher traffic of trucks and commercial vehicles was the declining accident rate resulting from safer roads and vehicles. Industry revenue is estimated to stagnate in 2013-14 (0.0%... 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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