In the five years to 2017, revenue for the Truck and Bus Manufacturing industry is expected to increase, bolstered by a resurgence in trade activity. As trade activity trends higher, downstream freight operators have responded by increasing their vehicle fleets, lifting demand at the manufacturing level. The depreciation of the Canadian dollar relative to other currencies is expected to catalyze trade flows, particularly exports. The volatile price of crude oil, a major input for truck and bus users, along with emissions regulations, is forcing the industry to innovate and develop new engine technologies. Potential threats exist that may inhibit industry growth over the next five years.
This industry primarily
manufacturers heavy-duty vehicles
and heavy-duty vehicle chassis for highway use.
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.