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Truck, Trailer & Motor Home Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 25, 2024
Length 78 Pages
SKU # IBSS19493084

Description

Truck, Trailer & Motor Home Manufacturing in Canada - Industry Market Research Report


Truck, Trailer & Motor Home Manufacturing in Canada

Truck, trailer and motor home manufacturing revenue is expected to marginally increase over the five years to 2023. The industry has a diverse array of product lines within consumer and commercial markets. As a result, the industry, which is cyclical, has a variety of factors that support demand. For example, recreational vehicles (RVs) and motor homes are typically big-ticket discretionary purchases. Consequently, demand for this segment has increased due to steady growth in consumer disposable incomes and consumer spending. In 2020, demand has actually increased for RVs as Canadians have adjusted vacation plans amid the COVID-19 pandemic. Industry revenue has been growing at a CAGR of 0.1% over the past five years and is expected to total $5.5 billion in 2023, when revenue will jump by an estimated 3.6%. The industry profit margin is also expected to grow over the five years to 2023, as the rise in motor home demand is likely to lead to increased price-based competition in 2023.

The Truck, Trailer and Motor Home Manufacturing industry in Canada 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.

Table of Contents

78 Pages
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
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