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PUBLISHER: Grand View Research | PRODUCT CODE: 1404845
PUBLISHER: Grand View Research | PRODUCT CODE: 1404845
Truck Racks Market Size, Share & Trends Analysis Report By Product (Steel, Aluminium), By End-use (OEM, Aftermarket), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2023 - 2030
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PAGES: 78 Pages
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Truck Racks Market Growth & Trends:
The global truck racks market size is expected to reach USD 1,299.4 million by 2030, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.3% during the forecast period. Surging demand for aluminum-based truck racks owing to their lighter weight and longer lifetime is anticipated to be one of the key trends benefitting the overall market.
Raw materials supplied to truck rack manufacturers are generally procured from distributors employed by major steel and aluminum companies due to low procurement volumes. Moreover, value addition by manufacturers was observed to be the highest as they are thoroughly integrated from design to finishing of the product.
Product supply is carried out either by direct or indirect distribution channels. In addition, a majority of companies in the market operate dual distribution channels, such as distributors, dealers, and wholesalers. The presence of an extensive distribution network ensures timely product supply across key operational regions, which positively influences the market growth. Scope for product customization is low, with various customization options limited to change in length and size of the product. In addition, suppliers and distributors primarily take care of such customization, thereby adding to the value of the products.
Truck Racks Market Report Highlights:
- The market recognizes a high demand for both steel and aluminum-based truck racks. The aluminum segment dominated the market with a share of over 70.0% in 2022 and is expected to grow at the fastest CAGR of 5.0% over the forecast period.
- Asia Pacific is the most promising regional market and is expected to grow at a CAGR of 4.8% over the forecast period.
- Key industry players lay high emphasis on the development of new product designs in order to attract consumers and operating extensive distribution networks in a bid to augment market share.
Product Code: GVR-2-68038-314-0
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. End-use
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. End-use outlook
- 2.2.3. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Truck Racks Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
- 3.6. Truck Racks Market Analysis Tools
- 3.6.1. Industry Analysis - Porter's
- 3.6.1.1. Supplier power
- 3.6.1.2. Buyer power
- 3.6.1.3. Substitution threat
- 3.6.1.4. Threat of new entrant
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Economic Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technological landscape
- 3.6.2.5. Environmental Landscape
- 3.6.2.6. Legal Landscape
- 3.6.1. Industry Analysis - Porter's
Chapter 4. Supplier Portfolio Analysis
- 4.1. List of Suppliers
- 4.2. Kraljic Matrix
- 4.3. Sourcing Best Practices
- 4.4. Negotiation Strategies
Chapter 5. Truck Racks: Product Estimates & Trend Analysis
- 5.1. Truck Racks Market: Key Takeaways
- 5.2. Truck Racks Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Steel
- 5.3.1. Steel market estimates and forecasts, 2018 to 2030 (USD Million, Thousand Units)
- 5.4. Aluminum
- 5.4.1. Aluminium market estimates and forecasts, 2018 to 2030 (USD Million, Thousand Units)
Chapter 6. Truck Racks: End-use Estimates & Trend Analysis
- 6.1. Truck Racks Market: Key Takeaways
- 6.2. Truck Racks Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. OEM
- 6.3.1. OEM market estimates and forecasts, 2018 to 2030 (USD Million, Thousand Units)
- 6.4. Aftermarket
- 6.4.1. Aftermarket market estimates and forecasts, 2018 to 2030 (USD Million, Thousand Units)
Chapter 7. Truck Racks Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. Truck Racks Market by Region: Key Takeaway
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.3.2. U.S.
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.3.3. Canada
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.3.4. Mexico
- 7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4. Europe
- 7.4.1. UK
- 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4.3. France
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4.4. Italy
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4.5. Spain
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.4.1. UK
- 7.5. Asia Pacific
- 7.5.1. China
- 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.5.2. Japan
- 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.5.3. India
- 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.5.4. Taiwan
- 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.5.5. South Korea
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.5.1. China
- 7.6. Central & South America
- 7.6.1. Argentina
- 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.6.2. Brazil
- 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.6.1. Argentina
- 7.7. Middle East and Africa
- 7.7.1. South Africa
- 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.7.2. Saudi Arabia
- 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Thousand Units)
- 7.7.1. South Africa
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. Hauler Racks, Inc.
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Kargo Master Inc.
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. The Thule Group
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. Cross Tread Industries, Inc.
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. U.S. Rack Inc.
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. Vanguard Manufacturing, Inc.
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. Magnum Manufacturing, Inc.
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Texas Truck Racks
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. Yakima Products Inc.
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. ProTech Industries
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives
- 8.2.1. Hauler Racks, Inc.
Product Code: GVR-2-68038-314-0
List of Tables
- Table 1 List of abbreviations
- Table 2 North America truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 3 North America truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 4 North America truck racks market, by region, 2018 - 2030 (USD Million, Thousand Units)
- Table 5 U.S. truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 6 U.S. truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 7 Canada truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 8 Canada truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 9 Mexico truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 10 Mexico truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 11 Europe truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 12 Europe truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 13 Europe truck racks market, by region, 2018 - 2030 (USD Million, Thousand Units)
- Table 14 UK truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 15 UK truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 16 Germany truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 17 Germany truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 18 France truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 19 France truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 20 Italy truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 21 Italy truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 22 Spain truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 23 Spain truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 24 Asia Pacific truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 25 Asia Pacific truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 26 Asia Pacific truck racks market, by region, 2018 - 2030 (USD Million, Thousand Units)
- Table 27 China truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 28 China truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 29 Japan truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 30 Japan truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 31 India truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 32 India truck racks market, by end-use, (USD Million, Thousand Units) 2018 - 2030
- Table 33 Taiwan truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 34 Taiwan truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 35 South Korea truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 36 South Korea truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 37 Central & South America truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 38 Central & South America truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 39 Central & South America truck racks market, by region, 2018 - 2030 (USD Million, Thousand Units)
- Table 40 Argentina truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 41 Argentina truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 42 Brazil truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 43 Brazil truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 44 Middle East and Africa truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 45 Middle East and Africa truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 46 Middle East and Africa truck racks market, by region, 2018 - 2030 (USD Million, Thousand Units)
- Table 47 South Africa truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 48 South Africa truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
- Table 49 Saudi Arabia truck racks market, by product, 2018 - 2030 (USD Million, Thousand Units)
- Table 50 Saudi Arabia truck racks market, by end-use, 2018 - 2030 (USD Million, Thousand Units)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 Value-chain-based sizing & forecasting
- Fig. 6 QFD modeling for market share assessment
- Fig. 7 Market formulation & validation
- Fig. 8 Truck racks: Market outlook
- Fig. 9 Truck racks: Competitive insights
- Fig. 10 Parent market outlook
- Fig. 11 Related/ancillary market outlook
- Fig. 12 Penetration and growth prospect mapping
- Fig. 13 Industry value chain analysis
- Fig. 14 Truck racks market driver impact
- Fig. 15 Truck racks market restraint impact
- Fig. 16 Truck racks market strategic initiatives analysis
- Fig. 17 Truck racks market: Product movement analysis
- Fig. 18 Truck racks market: Product outlook and key takeaways
- Fig. 19 Steel market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 20 Aluminum market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 21 Truck racks market: End-use movement analysis
- Fig. 22 Truck racks market: End-use outlook and key takeaways
- Fig. 23 OEM market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 24 Aftermarket market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 25 Global truck racks market: Regional movement analysis
- Fig. 26 Global truck racks market: Regional outlook and key takeaways
- Fig. 27 North America market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 28 U.S. market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 29 Canada market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 30 Mexico market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 31 Europe market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 32 U.K. market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 33 Germany market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 34 France market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 35 Italy market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 36 Spain market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 37 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 38 China market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 39 Japan market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 40 India market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 41 Taiwan market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 42 South Korea market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 43 Central & South America market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 44 Argentina market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 45 Brazil market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 46 Middle East and Africa. market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 47 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
- Fig. 48 South Africa market estimates and forecasts, 2018 - 2030 (USD Million, Thousand Units)
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