The Truck Repair industry has kicked into high gear over the past five years. Corporate profit and consumer disposable income, both crippled by the effects of the recession, have steadily improved over the five years to 2015. As a result, consumers and businesses alike have resumed purchases of new and used trucks, and the repairs associated with these vehicles have experienced a parallel increase. In the coming years, strengthening corporate profit and consumer income will boost demand for truck repair and maintenance among individual and commercial consumers, although the significant revenue growth that occurred during the five years to 2015 is not expected to continue as intensely.
This industry provides aftermarket repair services and products for light, medium and heavy-duty trucks. Aftermarket refers to maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale. This industry excludes repair and maintenance services provided by truck dealers and gas stations.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.