In Q4 2025 we observed a stable but subtly reshaped truck trailer market on the Register of Approved Vehicles (RAV), with total approvals holding essentially flat at 3,972 entries compared with 3,980 in Q4 2024. Beneath that headline stability, approvals became more concentrated among leading domestic manufacturers as Vawdrey and Howard Porter expanded their presence while some established competitors stepped back. Our analysis also shows the long tail of smaller brands narrowing in share as more approvals flowed to clearly defined, top-ranked makes.
Read on for our full breakdown of Q4 2025 truck trailer approvals and the brand movements that are reshaping the segment.
A Note on Methodology
This report is based on Register of Approved Vehicles (RAV) entries, which reflect regulatory approvals rather than retail sales. Each approval represents a make appearing on the Register, and the data is reported at a quarterly level.
For Q4 2025 we compare entries directly with Q4 2024, focusing on growth, contraction and rank changes over that year-on-year period. Major manufacturers are reported individually, while the highly fragmented remainder of the market is grouped under ‘Other makes’. Market share figures are calculated as each manufacturer’s share of total RAV entries in Q4 2024 and Q4 2025, respectively.
Retain Media provides this data “as is” for informational purposes only and accepts no liability for decisions made based on this reporting. Users are encouraged to use this data as one of multiple data points in their market analysis.
Truck Trailers
Q4 2025 saw 3,972 truck trailer entries recorded on the Register of Approved Vehicles, down 8 entries from the 3,980 recorded in Q4 2024, representing a 0.2% year-on-year decline in total approvals. Despite the essentially flat headline result, the top 10 named manufacturers now account for 58.4% of total approvals, up from 55.0% in Q4 2024, as ‘Other makes’ captured 41.6% of the market compared to 45.0% last year.
Top Five Manufacturers
Across the top of the truck trailer market, we saw modest overall volume but decisive shifts in brand momentum. Other makes remained the single largest component of the market, with entries easing from 1,791 in Q4 2024 to 1,651 in Q4 2025. That translated to a share decline from 45.0% to 41.6%, indicating that while the long tail of smaller manufacturers still dominates in aggregate, it ceded meaningful ground to the leading named brands over the period.
Against that backdrop, Vawdrey delivered the standout performance among individual manufacturers. Approvals increased from 386 entries in Q4 2024 to 495 in Q4 2025, lifting its market share from 9.7% to 12.5%. We saw Vawdrey move further clear of the rest of the field in share terms, consolidating its position as the leading named brand as some rivals stepped back.
Maxitrans moved in the opposite direction. Entries declined from 420 in Q4 2024 to 306 in Q4 2025, with share falling from 10.6% to 7.7%. Our analysis shows Maxitrans effectively trading places with Vawdrey in momentum: where Maxitrans previously held the higher share, Q4 2025 confirms a clear reversal, with Maxitrans now sitting firmly behind Vawdrey in approvals and share.
Further down the top five, Bruce Rock Engineering maintained steady growth, with entries nudging up from 167 to 173 between Q4 2024 and Q4 2025 and share edging from 4.2% to 4.4%. Howard Porter recorded one of the sharpest percentage gains in the upper tier, with approvals climbing from 97 to 151 and share lifting from 2.4% to 3.8%. We interpreted this as a meaningful deepening of Howard Porter’s presence in the market, positioning it closer to Bruce Rock Engineering and comfortably ahead of many mid-pack competitors.
The Rest of the Top 10
The remainder of the top 10 paints a picture of churn beneath the leading tier. AAA Trailers experienced a clear step down in activity, with entries falling from 177 in Q4 2024 to 116 in Q4 2025 and market share sliding from 4.4% to 2.9%. Lionel Moore also moved backwards, with approvals easing from 99 to 72 and share contracting from 2.5% to 1.8%.
By contrast, FWR delivered steady incremental growth, lifting entries from 92 to 99 and maintaining a slightly higher share at 2.5% in Q4 2025 compared with 2.3% a year earlier. While not a headline mover, FWR’s trajectory reinforces its role as a consistent mid-tier player.
The most striking changes in the lower half of the top 10 came from new or rapidly emerging names. Freightmore Transport moved from no recorded entries in Q4 2024 to 80 approvals in Q4 2025, immediately translating into a 2.0% market share. General Transport Equipment followed a similar path, from zero entries to 73 approvals and a 1.8% share. These gains came alongside the presence of manufacturers such as Stonestar, which, while still smaller in absolute volumes, contributed to the gradual reshaping of the lower top 10.
Market Fragmentation and the Role of 'Other Makes'
Even with named brands gaining ground, the truck trailer market in Q4 2025 remained highly fragmented. Other makes still accounted for 41.6% of all approvals, down from 45.0% in Q4 2024. In absolute terms, entries for this aggregated group slipped from 1,791 to 1,651, while the total market was effectively unchanged at 3,972 approvals versus 3,980 a year earlier.
We interpret this combination of a flat overall market and a shrinking ‘Other makes’ share as evidence of gradual consolidation towards established manufacturers. Growth from Vawdrey, Howard Porter and new entrants like Freightmore Transport and General Transport Equipment more than offset the declines in AAA Trailers, Maxitrans and Lionel Moore, pulling share out of the long tail and into the recognisable brand tier. The RAV approvals timeline for 2023–2025 reinforces this picture of a stable but slowly concentrating market, with more activity clustered around a defined set of leading makes.
Trust Retain Media for Industry-Leading Insights
Taken together, Q4 2025 truck trailer RAV data shows a market holding its overall size while shifting power towards a smaller group of leading brands. Vawdrey and Howard Porter extended their influence, new names such as Freightmore Transport and General Transport Equipment emerged into the top 10, and “Other makes” gave up share even as it remained the single largest component of the market. Our analysis highlights where approvals are consolidating and which manufacturers are building momentum in a largely steady segment.
For deeper context across adjacent trailer categories and other heavy vehicle markets, you can turn to our wider suite of market reports, where we track the brand-level movements shaping Australia’s road transport landscape.
