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Truck Dealers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Truck Dealers Market Research Report | Consumer Goods & Services | Sports & Recreation | Aug 2014

Keep on trucking: pent-up demand and pre-buying will drive short-term growth

The Truck Dealers 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$103bn
Annual Growth 09-14
7.7%
Annual Growth 14-19
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Profit
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Employment
129,862
Businesses
2,395
Industry Analysis & Industry Trends

The Truck Dealers industry has traveled on a bumpy road over the past five years. In the aftermath of the recession, weak demand from the industry's principal markets, including the manufacturing, trucking and construction sectors, precipitated rock-bottom truck sales. However, the industry is poised for growth; the industry will benefit from pent-up demand from its downstream customers, as the age of their existing truck fleet grows and transport activity picks up.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Truck Dealers industry is in the mature stage of its life cycle. Industry value-added (IVA), a measure of the industry's contribution to the overall economy, is expected to increase at an annualized 5.7% in the 10 years to 2019. Meanwhile, US GDP is forecast to increase at an annualized 2.5% in the same period. Although a higher IVA growth rate would usually indicate a growing industry, much of this is due to a recovery in dealer profit during the 10-year period. Low demand from the industry's key customer segments during the recession caused revenue and profit to plummet in 2009. The industry did, however, recover quickly thereafter, buoyed by renewed demand in manufacturing, trade and construction... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Truck Dealers Industry?

This industry is comprised of operators that sell new and used medium- and heavy-duty commercial trucks. In addition to new truck sales, many companies offer a wide variety of used trucks and new truck parts for sale. Many dealers also provide truck repair services. This industry does not include light truck or sport utility vehicle (SUV) dealers.

Industry Products
New medium- and heavy-duty trucksUsed medium- and heavy-duty trucksParts and repair services
 
Industry Activities
New commercial truck salesUsed commercial truck salesSales of commercial truck partsCommercial truck repair services


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