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

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.


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 has performed well over the past five years, posting solid and steady growth on the back of increased demand from a growing fleet of trucks and commercial vehicles. Growth in average kilometres travelled per vehicle and demand for freight have increased the pace of wear and tear on trucks and commercial vehicles, boosting demand for industry services. However, the declining road accident rate has partially offset this growth, limiting demand for truck repairs.

Industry revenue is expected to rise at an annualised 2.2% over the five years through 2016-17, to $5.4 billion. This includes a projected 1.8% rise in industry revenue in 2016-17. The Australian dollar is expected to depreciate in 2016-17, which will increase the price of imported service parts. Thi...

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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 Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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