Truck & Bus Manufacturing in the US: Market Research Report

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

Truck & Bus Manufacturing Market Research Report | NAICS 33612 | Oct 2015

Keep on trucking: Adoption of new fuel-efficient technologies will support industry growth

The Truck & Bus Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Operators in the Truck and Bus Manufacturing industry experienced volatile swings over the past five years. The Environmental Protection Agency enacted a final phase of emissions standards in 2010. As a result, truck manufacturers experienced increased demand for vehicles that are compliant with these new standards. Over the past five years, many players have expanded internationally, with a particular focus on Asian and South American markets. The relative decline of manufacturing and export-focused industries in the United States limited growth prospects for truck manufacturers; as a result, manufacturers moved operations to emerging economies where production costs are lower. The next five years are expected to be brighter for the industry... purchase to read more

Industry Report - Starting a New Business Chapter

In general, this capital-intensive manufacturing industry presents several costs that can discourage some new entrants. For example, the high capital cost required for developing high-volume production facilities in order to benefit from economies of scale can act as barrier to entry. Manufacturing trucks and buses must be done on a large scale to be profitable. A small company or single proprietors may not be able to find the necessary funding to even start a business.

Additionally, the need to comply with stringent environmental regulations in the future would require substantial research and development (R&D) investment for an entrant, and can act as a deterrent... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Truck & Bus Manufacturing Industry?

Companies in this industry manufacture truck and bus chassis and assemble trucks, buses and other specialty heavy-duty vehicles, including ambulances and firefighting trucks. This industry includes heavy trucks used by freight companies but excludes passenger vehicles.

Industry Products
Special-purpose trucksTrucks for Classes 4 to 7Class 8 trucksBuses and firefighting vehicles
Industry Activities
Manufacturing heavy-duty truck chassisAssembling complete heavy-duty trucksAssembling complete busesAssembling heavy-duty motor vehicles for highway use

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