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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 | Aug 2014

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

IBISWorld’s Truck & Bus Manufacturing 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
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 09-14
5.7%
Annual Growth 14-19
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Profit
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Employment
21,625
Businesses
80
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 Investment Chapter

The Truck and Bus Manufacturing industry is capital intensive, with wages only accounting for a relatively low proportion of revenue. However, expenditure on wages accounts for a larger proportion of revenue than capital. Still, IBISWorld estimates that for every dollar spent on labor, industry firms invest about $0.76 in capital. Because of the size and scope of this industry, large-scale production requires significant capital investment. One of the largest forms of capital investment over the past five years has come from the move toward automated production processes. The use of robots and other computer-based technology for repetitive manufacturing activity has become the norm for large-scale truck and bus 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 trucksClass 6 trucksClass 7 trucksClass 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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