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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 | Dec 2014

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

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
Revenue
$24bn
Annual Growth 09-14
7.1%
Annual Growth 14-19
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Profit
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Employment
24,176
Businesses
85
Industry Analysis & Industry Trends

Truck and bus manufacturers experienced high volatility over the past five years, with the recession and associated drop in trade activity pummeling revenue. However, as the global economy recovers, trade will increase and, in turn, boost demand for industry products. A growing number of operators will move their operations abroad to take advantage of high demand from emerging economies... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2014, revenue for the Truck and Bus Manufacturing industry is anticipated to trend higher. To cope during the economic downturn, 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 latter part of the five-year period, spurring demand for freight transport, which benefited truck manufacturers... 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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