Light Truck, Pick-up Truck, Van & SUV Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This U.S. industry comprises establishments primarily engaged in (1) manufacturing complete light trucks and utility vehicles (i.e., body and chassis) or (2) manufacturing light truck and utility vehicle chassis only. Vehicles made include light duty vans, pick-up trucks, minivans, and sport utility vehicles.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Light Truck, Pick-up Truck, Van and SUV Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Light Truck, Pick-up Truck, Van & SUV Manufacturing companies in the United States.
Light Truck, Pick-up Truck, Van & SUV Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Light Truck, Pick-up Truck, Van & SUV Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Light Truck, Pick-up Truck, Van & SUV Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Light Truck, Pick-up Truck, Van & SUV Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Light truck and utility vehicle manufacturing | Included |
Trucks/tractors/bus chassis (chassis own mfg.), 14,000 lb/less |
Light truck and utility vehicle manufacturing, nsk, total |
Light truck & utility vehicle mfg, nsk, admin-records |
Salary information for employees working in the Light Truck, Pick-up Truck, Van & SUV Manufacturing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 0% |
| Architecture and Engineering Occupations | 6% |
| Installation, Maintenance, and Repair Occupations | 5% |
| Production Occupations | 76% |
| Assemblers and Fabricators | 60% |
| Miscellaneous Assemblers and Fabricators | 60% |
| Assemblers and Fabricators, All Other, Including Team Assemblers | 60% |
| Metal Workers and Plastic Workers | 7% |
Government Contracts
The federal government spent an annual total of
$246,020,339 on the light truck, pick-up truck, van & suv manufacturing industry. It has awarded 3,399 contracts to 192 companies, with an average value of $1,281,356 per company.
Top Companies in Light Truck, Pick-up Truck, Van & SUV Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
