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SUV & Light Truck Manufacturing in the US - Industry Market Research Report

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    Report

  • 51 Pages
  • July 2022
  • Region: United States
  • IBISWorld
  • ID: 363805

Turbo Charge: a Strong Economy and Low Fuel Prices Have Boosted Industry Performance

The SUV and Light Truck Manufacturing industry experienced strong growth over the five years to 2019. Heavy buying activity from downstream markets and general improvements in the domestic economy are anticipated to have bolstered revenue growth. Moreover, the declining price of oil has helped generate demand for industry products such as sport-utility vehicles (SUVs), vans and light trucks. Over the five years to 2024, stagnant fuel prices are expected to limit demand for industry products, as vans and SUVs are often less fuel efficient than smaller passenger cars and sedans. Furthermore, rising interest rates and unemployment are forecast to hinder consumer sentiment.

Companies in this industry manufacture light trucks and utility vehicles such as vans, pickups, sport-utility vehicles (SUVs) and crossover-utility vehicles (CUVs). They also manufacture light truck and utility vehicle chassis. This industry excludes the manufacturing of cars and motorcycles.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

About this Industry

  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

Industry at a Glance

Industry Performance

  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

Products & Markets

  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

Competitive Landscape

  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

Major Companies

Operating Conditions

  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

Key Statistics

  • Industry Data
  • Annual Change
  • Key Ratios

Jargon & Glossary

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ford Motor Co
  • General Motors Company
  • Stellantis N.V.
  • Toyota Motor Corp
  • Davey Coach Sales Inc.
  • A-Z Bus Sales Inc.

Methodology

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