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

SIC 371 | NAICS 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 Body & Trailer Manufacturing (view report)
Truck Dealers (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.

Penton Media
Trailer/Body Builders Magazine
https://www.trailer-bodybuilders.com/

Monthly trade journal features news, information, and analysis for commercial truck body, equipment, and trailer manufacturers and distributors, with coverage of the equipment sector including the "Work Truck Show & NTEA Convention Preview" (January), the annual "Truck Equipment Distributor" issue (March), "Annual Buyer's Guide" (July), and the "Aftermarket Parts and Accessories" issue (October).

NTEA
Resources available from this trade association include:

NTEA News
https://www.ntea.com/
Monthly newsletter provides news and information for industry professionals, with contents including technical and engineering articles, market and economic forecasts, association news, and legislative and regulatory updates, and special issues including the May issue which features an annual update on business conditions. Newsletter is available free to members and by subscription to nonmembers.

About the Industry / Buying and Building
https://www.ntea.com/about-industry / buying-and-building
Introductory sections provide information on industry product shipments by product segment and the roles of the various types of organizations involved in the production of commercial work vehicles on a custom-order basis (e.g., vehicle chassis and cab/chassis manufacturers and dealers, and vehicle body, equipment, and trailer manufacturers and distributors). All information is accessible free online.

Truck Equipment 101
https://www.ntea.com/
Video-based training modules provide an overview of the industry, insight into the systems that make up a work vehicle, and describe basic regulatory requirements applicable for the U.S. and Canadian markets, with topics covered in individual modules including how commercial work vehicles are built, different types of products, functional elements and systems, and the impact of various technologies.

Annual Manufacturers' Shipments Survey Report
https://www.ntea.com/
Annual manufacturer shipments survey provides market size data for 79 product line categories, with data provided in the report including total unit volume and dollar value of products shipped by market segment and corresponding index measures that indicate the year-over-year percentage change for each product category. Participating manufacturers receive a complimentary print copy of the report.

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

Comprehensive market research reports provide in-depth analysis of the commercial truck/body and equipment sector, with types of vehicles covered in individual reports including aerial bucket, flatbed, beverage, cargo van, dump, grain, tank, service/utility, telescopic crane, vacuum tank, lube, rollback, wrecker, and sweeper. Summary description and table of contents for each report is available online.

BizMiner Market Analysis Reports
Truck Body and Equipment Manufacturers and Distributors
https://www.bizminer.com Search for "3362" and "423110" 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 Body and Equipment Manufacturers and Distributors
https://www.bizminer.com Search for "3362" and "423110" 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 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.

NTEA
Financial Benchmarking Report
https://www.ntea.com/

Annual benchmarking study allows users to compare their firm's financial and operating performance with industry average benchmarks for truck equipment manufacturers and distributors derived from a survey of NTEA members. Participating members receive a customized performance analysis report, access to an online financial analysis and planning tool, and a free print copy of the aggregate report.

More financial benchmarking data»

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Compensation resources available from this organization include:

Motor Vehicle Body and Trailer Manufacturing
https://www.bls.gov/oes/
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 truck bodies, cabs, and other equipment and install these items on a purchased chassis for sale as a finished vehicle or sell these items separately for custom installation on a chassis by an equipment dealer or distributor.

Motor Vehicle and Motor Vehicle Parts and Supplies Distributors
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed by organizations in this sector which includes companies that distribute truck bodies, cabs, and other equipment on a wholesale basis and may also provide custom installation of these items on a chassis provided by the dealer or distributor or a chassis provided by the customer.

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 3713 - Truck and Bus Bodies Manufacturing

– NAICS Code 3362 - Motor Vehicle Body Manufacturing

Types of establishments included in these codes

Utility body producers - establishments that produce utility bodies that have compartments and cargo space for storing equipment, tools, and supplies and are commonly used for commercial purposes by service technicians, contractors, and utility companies.

Aerial lift manufacturing - establishments primarily engaged in the production of aerial lifts that are mounted on the chassis of a truck and are used to provide workers with access to areas that are inaccessible or hard to reach such as traffic signals and power lines.

Lift gate manufacturers - establishments that specialize in producing hydraulic or electric platforms that are installed on the back of a truck or a semi-trailer to make it easier to load and unload heavy items at locations that do not have a loading dock available.

Vehicle-mounted air compressor production - establishments focused on the manufacture of air compressors that are directly attached to a vehicle and are designed to provide compressed air for applications such as powering air tools on a construction site.

Crane attachment manufacturing - establishments primarily engaged in the manufacturing of crane attachments that can be mounted on a truck's chassis for the purpose of lifting, lowering, or moving loads such as heavy equipment and construction materials.

Snow plow and spreader manufacturers - establishments focused on production of snow plows that are attached to the front of a truck and rear-mounted tailgate and hopper spreaders that are used to distribute salt, sand, or other materials onto icy roads.

Dump bed producers - establishments that produce truck beds that can be tilted backward to unload materials and are commonly used by the construction, landscaping, and waste disposal industries to transport and dump materials such as dirt, sand, and gravel.

Flatbed production - establishments specializing in the manufacture of flatbeds for trucks that are flat and level with no sides or roof and are used to transport heavy or bulky items such as heavy machinery, construction materials, and oversized cargo.

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

More valuation data»

Related Industries:
Commercial Truck Dealers
Commercial Truck Manufacturers
Semi-Trailer Manufacturers and Dealers
Truck Engine and Parts Manufacturers

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