Demand for newly manufactured truck trailers grows in line with activity in the trucking and freight industries. At the onset of the recession, the level of freight and trucking activity in the United States declined dramatically. However, in 2010, trucking demand picked up due to increased consumer spending, more business activity and lower unemployment. Consequently, with the economy improving and freight activity continuing its significant growth, IBISWorld anticipates that the Truck Trailer Manufacturing industry will grow in the five years to 2020, especially as a result of renewed freight activity and increased product development.
Operators in this industry manufacture trailers that are specifically designed for use on heavy-duty trucks. Trailer types vary based on size and purpose, and include dry van, flatbed and refrigerated trailer varieties. This industry does not include light truck trailers or travel trailers.
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.