CLEVELAND, June 13, 2017 /PRNewswire/ -- US retail sales of medium- and heavy-duty (MD/HD) trucks and buses are forecast to total 501,000 units in 2021, according toMedium- & Heavy-Duty Trucks & Buses: United States , a report recently released by Freedonia Focus Reports. Suppliers are expected to benefit from rising manufacturing and construction activity, which will spur demand for truck freight services and associated MD/HD trucks.
MD truck retail sales are projected to increase the fastest among the product segments. Demand for MD trucks will be aided by the advantages of these vehicles for transporting freight in urban environments compared to HD trucks, such as lower expense and greater maneuverability.
These and other key insights are featured in Medium- & Heavy-Duty Trucks & Buses: United States. This report forecasts US MD/HD truck and bus retail sales, production, and park (or vehicles in use) in units to 2021. Total retail sales, production, and park are segmented by product in terms of:
- HD trucks
- MD trucks
- MD/HD buses.
To illustrate historical trends, total retail sales, production, park, trade, and the various segments are provided in annual series from 2006 to 2016.
More information about the report is available at https://www.freedoniafocusreports.com/pub/10912501.html
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at www.freedoniafocusreports.com or www.marketresearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-retail-sales-of-medium---heavy-duty-trucks-and-buses-to-reach-501000-units-in-2021-300473180.html
SOURCE The Freedonia Group