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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Investment Chapter

As with most industries in the education sector, the level of capital intensity for commercial driving schools is generally low. At an estimated 40.0%, wages and salaries represent the primary expense for most industry providers because most teaching is done on a face-to-face basis. This percentage includes wages for employees teaching classes, developing courses, and carrying out administrative and management duties. Given the hands-on nature of truck driver training, it is likely that this industry will remain labor intensive. Capital intensity is expected to marginally increase during the next five years as more students opt to take their classes online... 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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