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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 | Jul 2016

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

IBISWorld’s Truck Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$81bn
Annual Growth 11-16
2.7%
Annual Growth 16-21
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Profit
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Employment
123,246
Businesses
13,727
Industry Analysis & Industry Trends

The Truck Dealers industry is recovering from its postrecessionary slump. In the aftermath of the recession, weak demand from the industry's principal markets, including the manufacturing, trucking and construction sectors, led to rock-bottom truck sales. However, recovering downstream markets and greater trucking activity have since allowed for revenue gains. Industry revenue typically moves in line with factors such as manufacturing output, trade volume and construction activity. In the past five years, economic recovery has released pent-up demand from downstream customers that postponed truck purchases in the aftermath of the recession. Steady demand from the manufacturing and construction sectors will sustain revenue growth in the five years to 2021.... purchase to read more

Industry Report - Industry Products Chapter

There are eight truck classes, of which classes 4 and 5 are classified as medium-duty and classes 6, 7 and 8 are classified as heavy-duty. (Classes 1 through 3 are considered light- and medium-duty passenger vehicles, which are excluded from this industry.) Class 4 trucks, which weigh between 14,001 and 16,000 pounds, include landscaping utility vehicles, mini buses and small city delivery trucks. Class 5 trucks weigh between 16,001 and 19,500 pounds; examples of Class 5 trucks include bucket trucks, medium city delivery trucks and vans, and large walk-in vans.

Class 6 trucks weigh between 19,501 and 26,000 pounds, and include beverage trucks, single-axle trucks, school buses and rack trucks. Class 7 trucks weigh between 26,001 and 33,000 pounds... 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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