Truck Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 371 | NAICS 3361 & 3362

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Truck & Bus Manufacturing (view report)
Truck Body & Trailer Manufacturing (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

FTR Transportation Intelligence
Truck and Trailer Outlook
https://www.ftrintel.com/

Online subscription service provides detailed market analysis and forecasts for the commercial truck market, with information provided including historical and forecast North American factory shipments by destination (e.g., United States, Canada, Mexico, and export) and gross vehicle weight class (e.g., Classes 4 - 5, Classes 6 - 7, and Class 8). Sample report can be viewed free online with registration.

ACT Research
Publications available from this organization include:

State of the Industry: North America OEM Classes 5-8 Build & Retail Sales
https://www.actresearch.net/
Monthly publication provides production data by gross vehicle weight rating (Class 5 - 8), destination market (U.S., Canada, Mexico, and export), and original equipment manufacturer (e.g., International, Freightliner, Ford, Kenworth, Mack, Peterbilt, Volvo, and Western Star) for the current month and on a year-to-date basis along with net change from prior year. Sample report can be viewed free online.

Forecast: ACT North America Commercial Vehicle Outlook
https://www.actresearch.net/
Monthly publication provides sales and production forecasts by gross vehicle weight rating (Class 5 - 8) and destination country (U.S., Canada, Mexico, and export), with forecast data provided including quarterly retail sales and production forecasts for the current and the following year and annual retail sales and production forecasts for each of the next five years. Sample report is available free online.

SpecialtyResearch.net
Commercial Truck & Body Manufacturing in North America
https://www.specialtyresearch.net/

Comprehensive research reports provide a detailed analysis of the market for commercial trucks and bodies by vehicle type and chassis class (e.g., light, medium, and heavy duty), with vehicles covered in individual reports including cargo van, dump, flatbed, grain, moving van, refrigerated, refuse, utility, tow, and vacuum tank. Summary description and table of contents for each report is available online.

S&P Global Mobility
Medium & Heavy Commercial Vehicle Industry Forecast
https://www.spglobal.com/

Subscription research service provides in-depth analysis of the medium and heavy duty truck market for over seventy-five countries on a quarterly basis, with information provided including 12-year sales and production forecasts by country, manufacturer, GVW segment (e.g., medium, heavy), and frame type (e.g., rigid, articulated). Sample forecast by major region is available free online with registration.

The Business Research Company
Heavy Trucks Global Market Report
https://www.thebusinessresearchcompany.com/

Comprehensive report analyzes the market for this product sector on a global basis, with information provided including historical and forecast market size by vehicle type (e.g., Class 5, Class 6, Class 7, Class 8), fuel (e.g., diesel fuel, natural gas, hybrid electric, gasoline), end-use (e.g., construction and mining, freight and logistics, other), geographic region (e.g., North America), and country (e.g., USA).

BizMiner Market Analysis Reports
Truck Manufacturers
https://www.bizminer.com Search for "336120" and "336211" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports»

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Truck Manufacturers
https://www.bizminer.com Search for "336120" and "336211" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Truck & Bus Manufacturing / Truck Body & Trailer Manufacturing
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

More financial benchmarking data»

Compensation and Salary Surveys

PayScale, Inc.
Heavy Duty Truck Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as mechanical engineer, design engineer, manufacturing engineer, diesel mechanic, assembler, and welder, with manufacturers for which salary or wage data is available including Daimler Trucks North America LLC, Navistar International Corporation, PACCAR Inc., and Volvo Trucks North America Inc.

U.S. Bureau of Labor Statistics
Motor Vehicle / Body & Trailer Manufacturing
https://www.bls.gov/oes/vehicle / body-trailer

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed in this sector which includes companies that manufacture commercial trucks, buses, and other special purpose vehicles (e.g., ambulances, concrete mixers, fire engines, garbage trucks, mobile cranes, motor homes, street sweepers, and wreckers). All data is available free online.

More compensation surveys»

BV Guides and Databases

BVMarketData

Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Code 371 - Motor Vehicle Manufacturing

– NAICS Codes 3361 and 3362 - Motor Vehicle Body and Light-Duty and Heavy-Duty Truck Manufacturing

Types of establishments included in these codes

Light-duty truck manufacturers - establishments primarily engaged in the manufacture of light-duty trucks with a gross vehicle weight rating (GVWR) of up to 10,000 pounds and include various types of pickups, vans, minivans, and sport utility vehicles (SUVs).

Medium and heavy-duty truck manufacturers - establishments engaged in manufacturing medium and heavy-duty trucks with a GVWR of 14,000 to 26,000 and more than 26,000 pounds, respectively, and include tractor-trailers, box trucks, and emergency vehicles.

Light-duty truck chassis production - establishments that specialize in the manufacture of the underlying chassis framework that includes the frame, engine, transmission, axles, and suspension system, onto which the body and other components are mounted.

Medium and heavy-duty truck chassis production - establishments engaged in producing the underlying chassis framework that includes the frame, engine, transmission, axles, and suspension system, onto which the body and other components are mounted.

Light-duty truck body and cab manufacturing - establishments that are primarily engaged in manufacturing bodies and cabs for light-duty trucks and may specialize in specific types of bodies, such as utility trucks, small delivery vans, or food trucks.

Medium and heavy-duty truck body and cab manufacturing - establishments specializing in the manufacturing of bodies and cabs for medium and heavy-duty trucks and may specialize in specific types of bodies, such as box trucks, tankers, or dump trucks.

Light-duty truck assembly on purchased chassis - establishments engaged in assembling light-duty trucks using pre-manufactured chassis purchased from other companies and may specialize in specific types of trucks, such as utility or landscaping trucks.

Medium and heavy-duty truck assembly on purchased chassis - establishments engaged in assembling trucks using pre-manufactured chassis purchased from other companies and may specialize in specific types of trucks, such as construction or logging trucks.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data»

Related Industries:
Commercial Truck Dealers
Truck Engine and Parts Manufacturers
Truck Equipment Manufacturers and Distributors
Truck Trailer Manufacturers and Distributors

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