NAICS 336112 - Light Truck and Utility Vehicle Manufacturing
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.
Industry trends:
The light truck and utility vehicle manufacturing industry (NAICS 336112) is experiencing several notable qualitative trends. One key trend is the increasing emphasis on electric vehicle (EV) development. Manufacturers are significantly investing in EV technology to meet growing consumer demand and stringent environmental regulations. This shift is expected to continue, with forecasts indicating a substantial rise in the production and market share of electric and hybrid light trucks and utility vehicles in the near future.
Another trend is the integration of advanced driver assistance systems (ADAS) and autonomous driving features. These technologies are becoming standard offerings as consumers prioritize safety and convenience. Vehicles with enhanced connectivity, such as advanced infotainment systems and the Internet of Things (IoT) integration, are also gaining popularity, catering to the tech-savvy market segment.
Customization and personalization are emerging as important factors, with consumers seeking vehicles that reflect their individual preferences and lifestyles. Manufacturers are responding by offering more versatile and modular design options. Moreover, the industry is seeing a shift towards sustainable manufacturing practices, driven by regulatory pressures and consumer awareness about environmental impact.
In the near future, technologies such as artificial intelligence (AI) and blockchain are expected to further transform production processes, driving efficiency and transparency. Overall, the light truck and utility vehicle manufacturing industry is poised for significant evolution, with innovation and sustainability at the forefront of its development.
This industry is comprised of:
Assembly plants, light trucks on chassis of own manufacture
Assembly plants, mini-vans on chassis of own manufacture
Assembly plants, sport utility vehicles on chassis of own manufacture
Cab and chassis, light trucks and vans, manufacturing
Chassis, light truck and utility, manufacturing
Light utility trucks assembling on chassis of own manufacture
Minivans assembling on chassis of own manufacture
Motor homes, self-contained, mounted on light duty truck chassis of own manufacture
Pick-up trucks, light duty, assembling on chassis of own manufacture
Sport utility vehicles assembling on chassis of own manufacture
Trucks, light duty, assembling on chassis of own manufacture
Vans, commercial and passenger light duty, assembling on chassis of own manufacture
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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