The Transport Equipment and Large Vehicle Rental industry has been exposed to divergent trends in key downstream industries over the past five years, although the strong trends in merchandise trade and in freight transport (water and rail) point to a moderate expansion in demand for industry services. Over the five years through 2014-15, industry revenue is projected to grow by an annualised 1.0% to total $1.8 billion. This includes solid growth of 2.4% in the current year as a recovery in total visitor nights provides a welcome boost for operators renting equipment to the tourism market.
Businesses in this industry rent out transport equipment that includes trucks, buses, freight containers and refrigerated containers. Rental is of the vehicle or equipment only; it does not include hire of a driver, pilot or other operators. Financial leases are excluded from the industry.
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.