Business Wire
Dublin, Oct. 07, 2021
DUBLIN–The “Medium- & Heavy-Duty Vocational & Work Truck/Body Manufacturing in North America 2021” report has been added to ResearchAndMarkets.com’s offering.
This project is a market assessment of the $3.5 billion medium/heavy-duty (Class 4 to Class 7) vocational/work truck industry in the United States and Canada. It covers 17 truck/body segments, with a total of 40 sub/types, and quantifies 2020 market size and competitive shares in units and dollars.
327 body fabricators have been identified, with estimates of total and segment sales and employee numbers, along with details on manufacturing facility locations, ownership and competitive shares.
Included are historical estimates and trends in market size (shipments) and growth rates, recent developments in M&A activity, facility expansions, new product launches and electric propulsion, plus five-year forward forecasts by segment. Maps display geographic distribution of production.
Covid-induced shutdowns and supply-chain disruptions on production and shipments by truck/body fabricators had significant impact on the industry in 2020, with shipments declining over 2019 for all truck/body segments.
The 2021 outlook is cautiously optimistic, with expected easing of supply chain constraints and infrastructure investment expected to boost demand.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900