SEARCH   
MEMBER LOGIN    

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 | Mar 2015

Rolling on: Revenue will rise, but emerging economies will lure operators overseas

IBISWorld’s Truck & Bus Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$31bn
Annual Growth 10-15
5.8%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
31,100
Businesses
70
Industry Analysis & Industry Trends

Over the five years to 2015, revenue for the Truck and Bus Manufacturing industry is anticipated to trend higher. During the period, many industry operators focused on emerging economies, such as China and Brazil, where demand for transport has risen substantially compared with developed countries. Going forward, the industry will continue its postrecessionary growth over the next five years. Heightened freight activity, in addition to increased international trade, will likely drive industry growth. Additionally, aging fleets will become a concern for trucking operators and companies will invest in new trucks as freight demand grows. Despite revenue growth expected in the United States, emerging overseas economies will entice manufacturers to focus efforts abroad... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2015, revenue for the Truck and Bus Manufacturing industry is anticipated to trend higher. During the period, many industry operators focused on emerging economies, such as China and Brazil, where demand for transport has risen substantially compared with developed countries. These emerging countries continue to build up infrastructure and experience significant GDP growth, presenting an opportunity for truck and bus manufacturers. Moreover, domestic economic conditions increased during the period, spurring demand for freight transport, which benefited truck manufacturers. To this end, industry revenue is expected to grow at an annualized rate of 5.8% to $31.1 billion over the five years to 2015, lifted by an estimated 1.1% in 2015... 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
Firefighting vehiclesSpecial-purpose trucksTrucks for Classes 4 to 7Class 8 trucksBuses
 
Industry Activities
Manufacturing heavy-duty truck chassisAssembling complete heavy-duty trucksAssembling complete busesAssembling heavy-duty motor vehicles for highway use


View Sample
Quote
Select Clients