Semitrailer and Truck Rental in Australia - Market Research Report

Semitrailer and Truck Rental industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.5%

The Semitrailer and Truck Rental industry plays a small but important role in the transport sector, helping transport firms meet short-term equipment requirements. Transport firms often rent semitrailers and trucks to cope with a spike in customer orders, or to meet the need for a vehicle outside the client's normal vehicle fleet. Transport operators also require rental equipment for temporary replacement of fleet stock in response to vehicle breakdowns. Solid demand from the Road Freight Transport industry has supported the industry's performance over the past five years. However, the low cash rate and declining price of motor vehicles has constrained industry growth, as numerous downstream industries choose to purchase rather than rent trucks. As a...
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Semitrailer and Truck Rental industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Semitrailer and Truck Rental industry is forecast to grow modestly over the next five years. Weaker global economic activity is projected to constrain growth in total merchandise imports and exports, which will limit demand for road freight transport. In addition, the ongoing declines in motor vehicle prices, which will likely encourage vehicle purchases over rental, will likely further limit industry growth. This trend will likely be somewhat offset by anticipated rises in the cash rate, which will increase the cost of borrowing and reduce the incentive to purchase vehicles. Industry revenue is projected to grow at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Demand for road freight transport is projected to continue...
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Semitrailer and Truck Rental industry statistics

  • attach_money Market Size: $201m
  • business Number of Businesses: 188
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 541

Biggest companies in the Semitrailer and Truck Rental industry

The companies holding the largest market share in the Semitrailer and Truck Rental in Australia industry include Rentco Transport Equipment Rentals Pty Ltd and ORIX Australia Corporation Limited.

  • pie_chart Rentco Transport Equipment Rentals Pty Ltd Market Share: x.x%
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  • pie_chart ORIX Australia Corporation Limited Market Share: x.x%
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What is Semitrailer and Truck Rental industry?

Industry Definition

Industry companies primarily rent out semitrailers and trucks without a driver, including prime movers, and tandem-axle and tri-axle trailers. The industry excludes companies primarily engaged in long-term leasing activities.

Industry Products and Services

  • Prime movers
  • Single- and tandem-axle trailers
  • Tri-axle trailers
  • Light and heavy rigid trucks
  • All Others

Industry Activities

  • Truck rental (without driver)
  • Semitrailer rental (without driver)

Market research report - table of contents

Industry Definition

Industry companies primarily rent out semitrailers and trucks without a driver, including prime movers, and tandem-axle and tri-axle trailers. The industry excludes companies primarily engaged in long-term leasing activities.

Main Activities

  • Truck rental (without driver)
  • Semitrailer rental (without driver)

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Increased demand from road freight transport companies directly contributes to industry rental revenue. Major road freight players represent a key market ...
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Demand from road freight transport
Total merchandise imports and exports
Motor vehicle price index
Business confidence index

Current Performance

Falling margins
Risk mitigation
 Chart: Revenue Growth

Industry Outlook

Tight profit margins
Causes for concern
 Table: Semitrailer and Truck Rental in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Semitrailer and Truck Rental in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Road Freight Transport in Australia






Key Selling Industries

Petroleum Product Wholesaling in Australia
Commercial Vehicle Wholesaling in Australia
Trailer and Caravan Dealers in Australia




Products & Services

The Semitrailer and Truck Rental industry rents out semitrailers and trucks. These vehicles are categorised based on their specific purposes and number of...
Interstate freight
Capital city freight




Demand Determinants

Trends in road freight transportation, business confidence and the value of total merchandise imports and exports affect demand for industry services. Mot...
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Major Markets

Interstate freight
Capital city freight





 Chart: Major Market Segmentation for the Semitrailer and Truck Rental in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has a low degree of market concentration, with the four largest semitrailer and truck rental companies together expected to generate less tha...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Semitrailer and Truck Rental in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Semitrailer and Truck Rental in Australia - Market Research Report Industry

Industry Globalization

Rentco Transport Equipment Rentals Pty Ltd is based in Kewdale, WA, and specialises in truck and trailer rentals. The company commenced operations in Apri...
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Rentco

 Table: Rentco - financial performance

ORIX

 Table: ORIX - financial performance

Capital Intensity

The Semitrailer and Truck Rental industry exhibits a high level of capital intensity. Capital equipment is the principal source of value added by the indu...
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 Chart: Level of Capital Intensity for the Semitrailer and Truck Rental in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Semitrailer and Truck Rental in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ARTICULATED TRUCK

AXLE

CURTAINSIDER

GLOBAL POSITIONING SYSTEM (GPS)

HEAVY RIGID TRUCKS

LIGHT RIGID TRUCKS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Semitrailer and Truck Rental industry?

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This report on Semitrailer and Truck Rental in Australia:

  • 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 Semitrailer and Truck Rental in Australia 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

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