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

  • March 2017
  • 38 pages
  • Ibisworld
Report ID: 499437

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Turbo charge: Stricter fuel efficiency standards will boost demand for industry products

Abstract
SUV & Light Truck Manufacturing in the US
The SUV and Light Truck Manufacturing industry is expected to continue improving over the five years to 2017. Heavy buying activity from key downstream markets and general improvements in the domestic economy are anticipated to bolster revenue growth.

Moreover, companies that restructured prior to the five-year period are now better prepared to compete on a global scale.

Over the next five years, automakers will focus on producing crossover-utility vehicles and trucks with an emphasis on improved fuel efficiency in order to meet regulatory mandates. To meet these fuel-efficiency standards, industry operators are expected to provide additional powertrain options, including clean diesel and hybrids. 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.

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