Heavy Duty Truck Parts Dealers - Industry Market Research Report

Heavy Duty Truck Parts Dealers - Industry Market Research Report

  • March 2019 •
  • 30 pages •
  • Report ID: 5104029 •
  • Format: PDF
The long haul: Increasing freight trucking activity is expected to benefit industry operators

Abstract

Heavy Duty Truck Parts Dealers
The Heavy Duty Truck Parts Dealers industry has experienced strong growth over the five years to 2019. Industry revenue has benefited from increased demand for truck transportation due to overall economic improvements. As demand for new trucks rose and the use of existing national truck fleet grew, both truck manufacturers and truck repair and maintenance service providers increased demand for heavy duty truck parts, supporting industry growth. The Heavy Duty Truck Parts Dealers industry is expected to continue to perform well over the five years to 2024, as truck transportation industries continue to grow at an accelerated rate. However, the potential improvement of and increased use of US rail infrastructure for freight transport may threaten to reduce industry demand.

Operators in this industry primarily engage in the merchant wholesale distribution of truck parts and supplies for heavy duty and commercial trucks. Products include engine parts, differentials, transmissions, suspensions and cabs. New tires and tubes are excluded.

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.
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