Commercial Motor Vehicle Insurance in Australia - IBISWorld Industry Market Research

Commercial Motor Vehicle Insurance in Australia

Commercial Motor Vehicle Insurance in Australia - IBISWorld Industry Market Research
Commercial Motor Vehicle Insurance in Australia
Published Sep 22, 2014
29 pages — Published Sep 22, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


Steady growth in premium revenue provided a level of stability for the Commercial Motor Vehicle Insurance industry over the past five years, as investment revenue was more volatile. While the industry derives the majority of its revenue from insurance premiums, many operators rely on investment income to solidify their profit margins. As a result, overall revenue tends to fluctuate to a greater degree than underlying demand for commercial motor vehicle insurance, which has exhibited consistent growth. Over the five years through 2014-15, industry revenue has increased by an annualised 1.3%. Revenue growth in 2014-15 reflected this trend, also increasing by 1.3%, to reach $3.4 billion.This industry provides insurance for vehicles used for business purposes. These include vehicles such as trucks, vans, trailers, ambulances and buses.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Commercial Motor Vehicle Insurance in Australia" Sep 22, 2014. Alacra Store. Oct 25, 2016. <>
IBISWorld Industry Market Research. (2014). Commercial Motor Vehicle Insurance in Australia Sep 22, 2014. New York, NY: Alacra Store. Retrieved Oct 25, 2016 from <>
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