The Truck Repair industry has driven through the barriers presented to it by the global financial crisis and posted steady growth over the past five years. Industry operators have benefited from increasing demand from road freight transport operators. The relatively high Australian dollar over the past five years has increased imports into the country and subsequently the volume of freight transported, driving wear and tear on trucks and stimulating demand for truck repair. The high dollar also drove the cost of imported parts downwards, helping the industry retain profit margins.
This industry provides aftermarket repair services and products for light, medium and heavy-duty trucks. Aftermarket refers to maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale.
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.