Carrying on: Revived freight activity will drive growth, as firms invest in new technologies
IBISWorld’s Truck Trailer 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.
Industry Statistics & Market Size
Annual Growth 07-12
Annual Growth 12-17
Industry Analysis & Industry Trends
After experience significant ups and downs during the past five years, the Truck Trailer Manufacturing industry will face improved performance in the years to come. Renewed freight activity and overall economic performance will stimulate demand. However, tighter fuel economy standards will force manufacturers to increasingly invest in new technologies that make trailers lighter and aid the fuel efficiency of trucks.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld analysis reveals that the Truck Trailer Manufacturing industry is in the mature stage of its life cycle. Industry value added, a measure of the industry's contribution to the overall economy, is expected to grow at an annualized rate of 1.2% over the 10 years to 2017. Comparatively, US GDP growth is expected to reach 2.1% per year on average over the same period. The industry's IVA measure is growing slightly slower than GDP largely because of stark declines at the height of the recession. The downturn curbed demand from the industry's key customers, trucking and freight companies. Economic downturn aside, the industry has grown steadily and is on pace to reach its prerecession performance levels in the long run... purchase to read more
What is the Truck Trailer Manufacturing Industry?
This industry manufactures trailers that are specifically designed for use on heavy-duty trucks. Trailer types vary based on size and purpose, and they include dry van, flatbed and refrigerated trailers. This industry does not include light truck trailers or travel trailers.
Flatbed trailersRefrigerated trailersFreight trailers
Manufacturing truck trailersManufacturing truck trailers