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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Analysis Chapter

The Truck and Bus Manufacturing industry has been on a bumpy road over the five years to 2014. The recession weighed heavily on the industry, with operators scrambling to rebuild themselves after trade flows plummeted during the downturn. To cope, 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 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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