Truck, Trailer & Motor Home Manufacturing in Canada
Over the five years to 2017, revenue for the Truck, Trailer and Motor Home Manufacturing industry is expected to increase. The industry is unique in the sense that operators manufacture both consumer-based goods and products for freight operators. As a result, the industry, which is highly cyclical, has a variety of factors that support demand. For example, RVs and motor homes are typically big-ticket discretionary purchases. Consequently, demand for this segment increased due to steady growth in consumer disposable incomes and confidence over the past five years. Over the five years to 2022, industry revenue is expected to trend higher, bolstered by restored demand in recreational vehicles and trucks and trailers. RVs and motor homes are anticipated to experience renewed demand from retirees, the segment's largest market. Moreover, the number of adults aged 65 and older is forecast to rise, expanding the total pool of potential customers.
This industry primarily manufactures motor vehicle bodies and cabs, truck trailers and noncommercial trailers. The bodies and cabs may be sold as such or may be assembled on purchased chassis.
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.