Motor Vehicle Hiring in Australia - IBISWorld Industry Market Research

Motor Vehicle Hiring in Australia

Motor Vehicle Hiring in Australia - IBISWorld Industry Market Research
Motor Vehicle Hiring in Australia
Published Dec 28, 2012
28 pages — Published Dec 28, 2012
Price US$ 970.00  |  Buy this Report Now

About This Report


The Motor Vehicle Hiring industry languished over the past five years as travel spending tourism numbers slowed. Industry revenue is estimated to decline by an annualised 1.4% over the five years through 2012-13 to reach $3.11 billion. The global economic downturn is the primary reason for the industry's poor performance with demand for motor vehicle hiring collapsing during the crisis. Customers cut back on the travel expenses through either travelling less or choosing less convenient transport modes. Industry revenue is expected to growth at a much healthier 4.4% in 2012-13. Revenue is on the road to recovery as it benefits from growth in tourist trips.

Companies in this industry are involved in leasing, hiring or renting out motor vehicles without drivers.

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. "Motor Vehicle Hiring in Australia" Dec 28, 2012. Alacra Store. Oct 28, 2016. <>
IBISWorld Industry Market Research. (2012). Motor Vehicle Hiring in Australia Dec 28, 2012. New York, NY: Alacra Store. Retrieved Oct 28, 2016 from <>
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