SUV & Light Truck Manufacturing in the US
The SUV and Light Truck Manufacturing industry is expected to continue improving over the five years to 2018. 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, such as GM, are now better prepared to compete on a global scale. The government, as well as many automakers, are increasingly taking consumer concerns regarding fuel economy into consideration. Over the next five years, automakers will focus on producing CUVs and trucks with an emphasis on improved fuel efficiency to meet regulatory mandates. To meet these fuel-efficiency standards, industry operators are expected to provide additional powertrain options, including clean diesel and hybrids. As a result, industry revenue is projected to grow, though at a far slower rate.
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.