Overview

Still trucking: Increasing demand for pooling arrangements has supported revenue growth

IBISWorld’s Transport Equipment and Large Vehicle Rental 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

Industry Threats & Opportunities

  • Revenue growth has been limited by a decline in long-term leasing of large transport vehicles
  • Growth in tourist visitor nights has boosted demand for products leased by the industry
  • Favourable trends in merchandise trade and integrated logistics will support industry revenue

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    The Transport Equipment and Large Vehicle Rental industry has grown steadily over the past five years, on the back of improving economic conditions and growing demand from freight industries and tourism. Solid demand from integrated logistics operators and favourable trends in merchandise trade and freight transport point to growth in the demand for pallets, skids and containers used for transporting goods along the supply chain. Upward trends in domestic tourism have supported short-term rental of leisure vehicles such as campervans and buses. However, the industry's growth over the past five years has been limited by a decline in long-term leasing of large transport vehicles such as commercial and freight aircraft, vessels and trucks...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Investment Chapter

    The industry has a high capital requirement as the principal activity requires the supply of transport equipment and large vehicles on short- and long-term rental arrangements. The capital intensive nature of the industry is evident from the ratio of labour costs to capital depreciation (a proxy for capital input costs). For every dollar spent on capital, the industry allocates $1.69 on wages.

    The industry allows its clients to outsource the purchase and maintenance of capital investments. As a consequence, initial investment in equipment is expensive and maintenance, replacement and depreciation expenses are significant. For operators to remain competitive in the industry, they must offer customers up-to-date and fully operative equipment. The..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Transport Equipment and Large Vehicle Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Transport Equipment and Large Vehicle Rental Industry are

  • Ability to alter goods and services produced in favour of market conditions
  • Having a good reputation
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Total merchandise imports and exports and Demand from integrated logistics in the Transport Equipment and Large Vehicle Rental industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    Industry Products

    What is the Transport Equipment and Large Vehicle Rental Industry?

    Industry businesses rent out transport equipment including trucks, buses, aircraft, freight containers and refrigerated containers. Rental is of vehicles or equipment only and does not include the hire of a driver, pilot or other operators. Financial leases are excluded from the industry.

    Industry Products
    Vessel leasing
    Vehicle rental
    Container leasing and hiring
    Pallet and skid rental
    Aircraft leasing
    Rolling stock leasing
    Industry Activities
    Truck rental (without driver)
    Aeroplane rental (without pilot)
    Boat hiring (without crew)
    Ship rental (without crew)
    Shipping container rental
    Motorcycle rental
    Transport equipment rental

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Total merchandise imports and exports
  • Demand from integrated logistics
  • Demand from tourism
  • Demand from water freight transport
  • Demand from rail transport
  • Total visitor nights

  • Current Performance
  • Transport equipment
  • Large freight vehicles
  • Consumer markets and employment
  • Profitability and establishments
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Transport Equipment and Large Vehicle Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Transport Equipment and Large Vehicle Rental Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Road Freight Transport
  • Integrated Logistics
  • Water Freight Transport

  • Key Selling Industries
  • Boiler and Tank Manufacturing
  • Shipbuilding and Repair Services
  • Trailer and Caravan Dealers

  • Products & Services
  • Pallet and skid rental
  • Vehicle rental
  • Rolling stock leasing
  • Other
  • Container leasing and hiring
  • Aircraft leasing
  • Vessel leasing
  • Chart: Transport Equipment and Large Vehicle Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial short-term leaseholders
  • Commercial long-term leaseholders
  • Consumers
  • Chart: Major Market Segmentation for the Transport Equipment and Large Vehicle Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Transport Equipment and Large Vehicle Rental

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Transport Equipment and Large Vehicle Rental Industry

  • Industry Globalization
    Major Companies
    Brambles LimitedLoscam Australia Pty Ltd
  • Table: Brambles Limited - financial performance
  • Table: Loscam Australia Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Transport Equipment and Large Vehicle Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Transport Equipment and Large Vehicle Rental Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Equipment Pooling System
  • The shared use of transport equipment such as pallets, crates, skids and containers by multiple customers through the supply chain.
  • Finance Lease
  • A longer term lease that can occur over the asset's entire operational life. The lessee is often responsible for maintenance and insurance.
  • Lease
  • A contract conferring a right for one party to possess property belonging to another party to the exclusion of the owner.
  • Operating Lease
  • A short-term lease that occurs for only a short period compared with the life of the asset.
  • Skid
  • A wooden, plastic or other material platform for stacking and transporting goods. Similar to a pallet but without a lower deck and the skid rests on its bearers.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Transport Equipment and Large Vehicle Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Transport Equipment and Large Vehicle Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Transport Equipment and Large Vehicle Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear