Truck Repair in the US - Industry Market Research Report
Description
Truck Repair in the US - Industry Market Research Report
Truck Repair
The Truck Repair industry exhibits a low level of market share concentration, with the largest players, HDA Truck Pride and Fleet Services International Ltd. generating less than 5.0% of market share. Operators in this industry aftermarket repair services and products for medium and heavy-duty trucks, including maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale.
Industry driven by small operators with low market share
• The Truck Repair industry does not participate in any significant merger and acquisition activity, rather this occurs in its parent industry, Auto Mechanics (IBISWorld report 81111). Although industry concentration has grown slightly over the past five years, this is the result of some franchises and large independent operators winning large contracts and streamlining their services, as well as large truck dealerships and parts distributors, which have ramped up their service offerings over the past five years. Some industry operators have been successful by expanding to new locations, enabling them to service a wider geographical area.
Specialized knowledge drives internal competition
• In addition to the industry's high level of external competition, it also experiences intense internal competition. Since there are no substitutes to truck repair services, industry operators compete with one another. Most importantly, advanced understanding of trucks and access to parts provides operators with a competitive advantage over smaller, family-run establishments. Additionally, due to the fragmented nature of the industry, operators compete on the basis of price, quality of service and location.
This industry provides aftermarket repair services and products for medium-size and heavy-duty trucks. Aftermarket refers to maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale. This industry excludes repair and maintenance services provided by truck dealers and gas stations.
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.
Truck Repair
The Truck Repair industry exhibits a low level of market share concentration, with the largest players, HDA Truck Pride and Fleet Services International Ltd. generating less than 5.0% of market share. Operators in this industry aftermarket repair services and products for medium and heavy-duty trucks, including maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale.
Industry driven by small operators with low market share
• The Truck Repair industry does not participate in any significant merger and acquisition activity, rather this occurs in its parent industry, Auto Mechanics (IBISWorld report 81111). Although industry concentration has grown slightly over the past five years, this is the result of some franchises and large independent operators winning large contracts and streamlining their services, as well as large truck dealerships and parts distributors, which have ramped up their service offerings over the past five years. Some industry operators have been successful by expanding to new locations, enabling them to service a wider geographical area.
Specialized knowledge drives internal competition
• In addition to the industry's high level of external competition, it also experiences intense internal competition. Since there are no substitutes to truck repair services, industry operators compete with one another. Most importantly, advanced understanding of trucks and access to parts provides operators with a competitive advantage over smaller, family-run establishments. Additionally, due to the fragmented nature of the industry, operators compete on the basis of price, quality of service and location.
This industry provides aftermarket repair services and products for medium-size and heavy-duty trucks. Aftermarket refers to maintenance, repair, parts, accessories, chemicals and fluids for trucks after their initial sale. This industry excludes repair and maintenance services provided by truck dealers and gas stations.
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
36 Pages
- 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
