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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 | Mar 2015

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

IBISWorld’s Truck Dealers 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$108bn
Annual Growth 10-15
6.8%
Annual Growth 15-20
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Profit
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Employment
130,138
Businesses
2,414
Industry Analysis & Industry Trends

The Truck Dealers industry has benefited since 2010 from recovering demand from the manufacturing, construction and trucking sectors, and industry revenue has inched toward prerecession levels in recent years. The economic recovery released pent-up demand from the industry's primary markets, resulting in a strong increase in sales of heavy-duty trucks. However, new federal fuel-efficiency regulations will be a double-edged sword for the industry going forward; in the short-term, dealers may experience pre-buying activity as customers move to preempt impending price hikes, while in the long-term, higher purchasing costs from manufactures will likely constrain profit margins. Nevertheless, positive economic trends are expected to sustain industry growth in the next five years.... purchase to read more

Industry Report - Industry Locations Chapter

In 2015, the Southeast, West and Great Lakes regions make up an estimated 60.9% of industry establishments. Industry facilities are often located near consumers, and to a lesser extent, near their suppliers. According to Ward's Automotive, six of the top seven heavy-duty truck manufacturers have assembly plants in these regions. Locating a dealership near upstream manufacturing hubs and downstream markets helps lower distribution costs and increases operational efficiency.

Industry establishments are also dispersed according to population, given that many of the industry's products include fire trucks, garbage trucks, school buses and tow trucks. The state with the highest number of truck dealers is California, which also has the nation's largest population... 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. 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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