Truck on: Operators will have to adapt to new technologies, hurting profit for smaller companies

Revenue for the Truck Trailer Manufacturing industry is expected to increase over the five years to 2016. Trucking and freight activity are highly cyclical and sensitive to the general economic climate. Therefore, at the onset of the economic recovery, the level of freight and trucking activity in the United States increased dramatically. In the coming years, operators will have to adapt to new technologies that make truck trailers lighter and more aerodynamic, supporting the fuel efficiency of heavy-duty trucks. This trend may hurt the profitability of smaller companies that lack sizeable economies of scale or sufficient research and development funding...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 11-16
5.9%
Forecast Growth 16-21
Profit
Employment
31,475
Businesses
418

Industry Threats & Opportunities

  • Heavy demand led to rapid production and a remarkable turnaround for the industry
  • The US dollar began appreciating during the period, causing US exports to be less desirable overseas
  • Oil is a key input that affects the operating cost of running a trucking or freight company
  • Industry Report - Industry Analysis Chapter

    Revenue for the Truck Trailer Manufacturing industry is expected to increase over the five years to 2016. IBISWorld expects industry revenue to surge at an annualized rate of 5.9% to $10.0 billion over the five-year period. Generally, demand for newly manufactured truck trailers grows in line with activity in the trucking and freight industries. Trucking and freight activity are highly cyclical and sensitive to the general economic climate. Therefore, at the onset of the economic recovery, the level of freight and trucking activity in the United States increased dramatically...purchase to read more.

    Additional Insights for the Truck Trailer Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Truck Trailer Manufacturing Industry are

  • Use of most efficient work practices
  • Access to the latest available and most efficient technology and techniques
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as Demand from truck transportation and World price of crude oil in the Truck Trailer Manufacturing industry impact industry performance..

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    Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from truck transportation
  • World price of crude oil
  • Total trade value
  • World price of steel
  • Trade-weighted index

  • Current Performance
  • Growth trends
  • Trade activity
  • Volatile steel prices
  • Chart: Revenue Growth

  • Industry Outlook
  • External factors
  • Product development
  • Trade flows
  • Table: Truck Trailer Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Truck Trailer Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Tank & Refrigeration Trucking

  • Key Selling Industries
  • Aluminum Manufacturing
  • Iron & Steel Manufacturing
  • Tire Wholesaling

  • Products & Services
  • Long Distance Freight trailers
  • Short Distance Freight trailers
  • Refrigerated trailers
  • Flatbed trailers
  • Other
  • Chart: Truck Trailer Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Freight operators
  • Other
  • Exports
  • Wholesalers
  • Chart: Major Market Segmentation for the Truck Trailer Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Truck Trailer Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Truck Trailer Manufacturing Industry

  • Industry Globalization
    Great Dane Limited Partnership, Utility Trailer Manufacturing Company, Wabash National Corporation,
  • Table: Great Dane Limited Partnership - financial performance
  • Table: Utility Trailer Manufacturing Company - financial performance
  • Table: Wabash National Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Truck Trailer Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Truck Trailer Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Total Trade Value (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Box Trailer
  • The most common type of trailer. Also known as a dry van or freight trailer.
  • Palletized
  • Shipments placed on a wooden or plastic pallet, secured with bands and wrapped in plastic.
  • Platform Trailer
  • Platform or flatbed trailers transport oversize cargo that typically does not fit into standard freight trailers.
  • Truck Trailer
  • A trailer that is specifically designed for use on heavy-duty trucks.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Truck Trailer Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Truck Trailer Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Truck Trailer Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Truck Trailer Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Truck Trailer Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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