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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 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
Industry Statistics & Market Size
Revenue
$31bn
Annual Growth 10-15
5.8%
Annual Growth 15-20
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Profit
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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 Locations Chapter

The Truck and Bus Manufacturing industry's operations are primarily located in the Great Lakes, Southeast and West regions. Truck manufacturers are generally located in close proximity to automotive and trade hubs. The Great Lakes and Southeast are home to many automotive manufacturers. Manufacturing in these regions allows heavy truck and bus manufacturers to maintain shorter supply chains because most automotive parts suppliers are located in these regions. The West region is home to the United States' busiest seaports, where many trucks receive imported cargo. Over the past five years, the geographic spread has stayed moderately stable as manufacturers tend not to move away from major trade hubs and automotive supplier clusters... 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


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