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Truck Driving Schools in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Truck Driving Schools Market Research Report | Consumer Goods & Services | Education Providers | Apr 2013

Stalling: Revenue declines will slow, but will continue to suffer as workers choose other options

IBISWorld’s Truck Driving Schools market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$456m
Annual Growth 08-13
-1.9%
Annual Growth 13-18
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Profit
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Employment
2,856
Businesses
306
Industry Analysis & Industry Trends

The Truck Driving Schools industry has long suffered from a negative perception of the occupation. This trend shows no sign of reversing, as shown in continued declines in revenue. While trucking is fairly lucrative, young people opt for jobs that may provide higher income without the long hours and extended time on the road.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals this industry is declining. During the 10 years to 2018, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to remain flat, averaging 0.0% growth per year. In comparison, the US GDP is forecast to rise at an average rate of 2.1% annually during the same period. The discrepancy between IVA and GDP usually indicates an industry in the midst of decline, and other factors support this conclusion.

The number of truck driving schools operating in the United States has been declining steadily for the past decade. IBISWorld estimates an annualized 2.5% drop in the number of industry companies during the 10 years to 2018... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Truck Driving Schools Industry?

Companies in this industry primarily offer truck driving instruction. The industry excludes businesses that primarily provide automobile driving instruction, and community colleges that offer truck driving instruction are also excluded.

Industry Products
Licensed CDL instruction programsCertified CDL instruction programsAccredited CDL instruction programs
 
Industry Activities
Operating licensed commercial driver’s license instructor programsOperating certified commercial driver’s license instruction programsOperating accredited commercial driver’s license instruction programs


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