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Semi Trucks in the US Procurement Price, Data and Insights
Semi trucks are heavy-duty trucks used to tow semi trailers. These trucks are also referred to as tractor trailers, truck tractors, and 18 wheelers. They are categorized as Class 7 or 8 trucks, indicating a weight rating greater than 26,000 pounds. Semi trucks are used for local and long-distance transportation and are one of the most common methods of moving goods in the United States. Buyers of semi trucks include trucking service providers and other large companies with fleets of trucks.
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What’s included in this market coverage
IBISWorld's research coverage on the Semi Trucks procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Semi Trucks market in the United States includes Day Cab Trucks, Sleeper Cab Trucks, Heavy-Duty (Class 8) Trucks, Medium-Duty (Class 6-7) Trucks, Refrigerated Trucks, Flatbed Trucks and Tanker Trucks. Standard coding in this coverage includes HS-871640-Trailers And Semi-Trailers; N.E.C. In Item No. 8716.3, ISIC-291-Manufacture of motor vehicles, NACE-29.10-Manufacture Of Motor Vehicles, NAICS-336120-Heavy Duty Truck Manufacturing and UNSPSC-25102100-Truck tractors.
What common market terminology is included?
Common market terminology included in the Semi Trucks procurement coverage includes Sleeper Cab (A type of truck cabin that is extended to include a sleeping and small living area. These are common for long-haul trucks.), Crumple Zones (A design element of many vehicles that allows certain areas of the vehicle body to crumple in a crash, absorbing the force of the impact.), Fifth Wheel (The mechanism used to connect semi trucks to their trailers. All semi trucks are outfitted with a fifth wheel.), Semi Trailer (The most common type of trailer towed by a semi truck. They only contain rear wheels, thus requiring a truck to provide support in the front.), Class 7 (Truck categories of those weighing between 26,0001 and 33,000 pounds. Class 7 trucks are included in this report.), Class 8 (Truck categories of those weighing more than 33,000 pounds, which are also included in this report.) and Reshoring (The trend of moving overseas manufacturing operations back to the domestic area of business. For example, a US company moving manufacturing in China back to the United States.).
What companies are included as top suppliers?
The top companies covered in the Semi Trucks procurement report as suppliers are NFI Group Inc., Rush Enterprises Inc., Oshkosh Corporation, Isuzu Motors Ltd and Daimler Ag.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Semi Trucks market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per truck, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Semi Trucks market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Semi Trucks procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Semi Trucks market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Semi Trucks market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Semi Trucks?
The 2026 benchmark market price for Semi Trucks is $135000 per truck. Prices have increased at a CAGR of 1.75 from 2023-26.
Who are the top vendors in the Semi Trucks market?
The top vendors in the Semi Trucks market include NFI Group Inc., Rush Enterprises Inc., Oshkosh Corporation, Isuzu Motors Ltd and Daimler Ag.
What industries supply the Semi Trucks market?
The top industries supplying the Semi Trucks market are Metalworking Machinery Manufacturing in the US, Iron Ore Mining in the US, Power Tool Manufacturing in the US, Electrical Equipment Manufacturing in the US, Tire Manufacturing in the US and Rubber Product Manufacturing in the US.
What is the supply chain risk for Semi Trucks?
Complex input requirements and import pressures increase supply chain risk. Semi truck production depends on a wide range of components, including steel, rubber, electronics, and diesel engines. Disruptions in any of these inputs can slow manufacturing and extend lead times. Additionally, as the United States is a net importer of semi trucks, currency exchange rates and trade disputes can lead to heightened supply risk. Buyers should work with suppliers that maintain diversified sourcing strategies and contingency plans to minimize the likelihood of potential delays.
What factors affect the price of Semi Trucks?
The size and power of the truck engine have a significant effect on pricing. More powerful engines are capable of hauling heavier loads, which is reflected in higher quoted prices.
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