Steel in it: Lower steel prices have aided industry profitability over the past five years

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.


Industry Threats & Opportunities

  • The industry has posted solid and steady growth over the past five years

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    Industry Analysis & Industry Trends

    The Truck Repair industry has exhibited steady growth over the past five years. The volume of freight transported by road freight operators has increased over the period, driving industry revenue growth. Moreover, the average distance driven per truck or commercial vehicle has risen over the period. This trend has led to greater wear and tear on trucks and commercial vehicles, subsequently stimulating demand for truck repair services. As a result, industry revenue is expected to grow at an annualised 2.2% over the five years through 2016-17, to $5.4 billion.

    The industry has benefited from the growth of Australia's truck fleet over the past five years, with the average age of trucks remaining relatively stable...

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    What is the Truck Repair industry?

    The Truck Repair industry exhibits low capital intensity. For every dollar invested in capital across the industry, an estimated $8.97 is paid as wages. The high expenditure on labour is due to the varied and customised nature of repairs and maintenance on the many truck types and models. Most industry services cannot be automated, which adds to the industry's labour-intensive nature.

    The industry's capital intensity has decreased slightly over the past five years, though not due to reduced investment in capacity. Rather, capital intensity has decreased due to rising labour costs, as demand for skilled truck mechanics has grown faster than the pool of mechanics. As a result, wage costs are up compared with depreciation costs. Cap...

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    Additional Insights for the Truck Repair Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Truck Repair Industry are

  • Proximity to key markets
  • Ensuring pricing policy is appropriate
  • Provision of customer service
  • IBISWorld analysts also discuss how external factors such as Demand from road freight transport and Number of motor vehicles in the Truck Repair industry impact industry performance..

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    Products & Brands

    Major products in this industry
    General services
    Specialist repairs
    Parts distribution

    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
  • Demand from road freight transport
  • Number of motor vehicles
  • Number of vehicle accident deaths
  • Trade-weighted index
  • World price of steel

  • Current Performance
  • Profit pressures
  • Vehicle accidents
  • Commercial expansion
  • Industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit pressures
  • Vehicle accidents
  • Commercial expansion
  • Industry participation
  • Table: Truck Repair Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Truck Repair Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Road Freight Transport
  • Courier Pick-up and Delivery Services

  • Key Selling Industries
  • Motor Vehicle Dismantling and Used Parts Wholesaling
  • Motor Vehicle Wholesaling
  • Paint and Coatings Manufacturing

  • Products & Services
  • General services
  • Specialist repairs
  • Other
  • Parts distribution
  • Chart: Truck Repair Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Light commercial vehicle operators
  • Rigid truck operators
  • Articulated truck operators
  • Chart: Major Market Segmentation for the Truck Repair Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Truck Repair

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Truck Repair Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Truck Repair 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 Truck Repair Industry
  • 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
  • A prime mover hauling two trailers.
  • B-Triple
  • A prime mover with three trailers attached.
  • Fleet Telematics
  • Fleet telematics systems use electronics and GPS to track the location and other characteristics (e.g. mileage or speed) of vehicles in a fleet.
  • 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 Truck Repair:
    • 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 Truck Repair 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 Truck Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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