SUV & Light Truck Manufacturing in the US
The SUV and Light Truck Manufacturing industry is expected to continue recovering from the economic crisis over the five years to 2016. Companies that restructured as a result of the recession are now better prepared to compete on a global scale. For example, major government programs in the past five years have significantly influenced manufacturer operations. While manufacturers may incur significantly higher research and development costs to meet these standards in the short term, a trend toward cleaner, more fuel-efficient engines could significantly benefit the industry in the long run. 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.