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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

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 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 - Industry Investment Chapter

The Truck Repair industry exhibits a low level of capital intensity. For every dollar paid as wages, an estimated $0.10 is spent on capital investment. The high expenditure on labour is due to the varied and customised nature of repairs and maintenance on the many truck types and models. The provision of industry services cannot be automated which adds to the labour-intensive nature of the industry.

Capital intensity is forecast to have decreased slightly over the past five years. This was not due to reduced investment in capacity. Rather, capital intensity has decreased due to rising labour costs as demand for skilled truck mechanics has increased, ultimately pushing up wage costs in comparison with depreciation costs... 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 maintenance


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