Truck Repair Services – Industry Analysis, Statistics, Trends, and Forecasts
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Industry Analysis, Statistics, Trends, and Forecasts
- 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
Randall-Reilly Publishing
Trucks, Parts, & Service
https://www.truckpartsandservice.com/
Online news source features news and information for medium-duty and heavy-duty truck repair and maintenance specialists, with content categories including news, management, sales and marketing, service, parts, and training and special features including the "State of the Industry" series published in January. All articles are available free online, with newsletter subscriptions available upon request.
Modern Shop Management
Today's Heavy Duty Shop
http://modernshopmanagement.com/
Online resource provides news and information for owners and operators of heavy-duty repair shops and conducts periodic reader polls on subjects such as profitability trends, technician training, social media used to generate new customers, workplace policies that boost efficiency, and fringe benefits offered to employees. Articles are available free online, with free subscription available upon request.
Southern Tip Publishing
Service Truck Magazine
https://www.servicetruckmagazine.com/
Bimonthly trade publication features news and information for owners and operators of mobile heavy duty repair and maintenance services, with topics covered in each issue including industry news and trends, business updates, company profiles, new technologies and equipment, policy and regulation, and safety, training, and certification. Current and archived digital editions can be viewed free online.
Fullbay, Inc.
The State of Heavy-Duty Repair
https://www.fullbay.com/
Annual report provides insights, trends, and benchmarks for independent and internal shops focused on maintaining Class 6-8 vehicles and other types of heavy-duty equipment, with topics addressed in the report including shop demographics, industry revenue trends, labor rates and technician salaries, and challenges facing repair shops across the nation. Report is available free online with registration.
MacKay & Company
Medium and Heavy Duty Truck and Trailer U.S. Service Study
https://www.mackayco.com/
Market research study provides a detailed analysis of the service market for medium and heavy duty trucks and trailers, with topics covered in the study including component and non-component service practices, service shop practices, warranty services, contract maintenance, breakdown services, and service provider practices. Report highlights and detailed table of contents can be viewed free online.
Grand View Research
Heavy-Duty Automotive Aftermarket Analysis
https://www.grandviewresearch.com/
Market research report provides an in-depth analysis of the heavy-duty vehicle aftermarket, with data provided including market estimates and forecasts by vehicle type (e.g., Class 4 to 6, Class 7 and 8), replacement parts (e.g., tires, batteries, brakes, filters, exhaust components, other), service channel (e.g., D-I-Y, original equipment seller, other service provider), and region (e.g., North America, U.S.).
Freedonia Group
North American Medium- and Heavy-Duty Truck Aftermarket by Product and Performer
https://www.freedoniagroup.com/
Comprehensive report analyzes aftermarket demand for medium- and heavy-duty truck components, with information provided including historical and forecast demand by product type (e.g., mechanical, exterior and structural, and electrical and electronic), in-house service provider (e.g., owner-operator, fleet), outside service provider (e.g., independent garage, dealer, and other), and country (e.g., U.S.).
BizMiner Market Analysis Reports
Truck Repair Services
https://www.bizminer.com Search for "811111" 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.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Truck Repair Services
https://www.bizminer.com Search for "811111" to see available reports
- 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
IBISWorld Research Reports
Industry Financial Ratios
(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.
Compensation and Salary Surveys
PayScale, Inc.
Heavy Duty Truck Repair
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage rate data for various job positions in this service sector such as diesel shop foreman, diesel mechanic, and diesel technician, with companies for which salary or wage data is provided including Rush Enterprises, Inc., Penske Truck Leasing Co. L.P., Penske Corporation, MHC Kenworth/Murphy-Hoffman Company, Inc., and Ryder Systems, Inc.
U.S. Bureau of Labor Statistics
Motor Vehicle Repair and Maintenance
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 provide repair and maintenance services for commercial trucks and buses, with services provided including routine maintenance and repair and replacement of engines, transmissions, clutches, brakes, and other parts and components.
BV Guides and Databases
Commercial Truck Dealers
Semi-Trailer Manufacturers and Dealers
Truck Equipment Manufacturers and Distributors
Truck Engines and Parts Distributors
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