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Research Outline

Prepared for francis w. | Delivered January 29, 2020

US Truck Registrations and Market Size

Goals

To understand truck market sizes in the US by analyzing US truck registrations in the following categories:
Truck registrations by class 1-8, 3-8, by year 2017,2018,2019; Truck registrations by state class 1-8, 2017,2018,2019; and Truck registrations by industry class 1-8, 207,2018,2019 (industry examples are food and beverage, logistics).

Suggested Resources:
NTEA:
https://www.ntea.com/NTEA/Member_benefits/Industry_leading_news/NTEANewsarticles/Evaluating_truck_market_size_in_the_United_States.aspx
Federal Highway Administration:
https://www.fhwa.dot.gov/policyinformation/statistics.cfm

Early Findings

Our initial research on understanding US truck market sizes by truck registrations confirmed that the most recent data available is from 2017, and the Federal Highway Administration has not made these statistics available yet for 2018 and 2019. Our research did reveal insights for 2017. Here are some key pieces of information we found:

US Truck Market Sizes:

2017

  • According to the most recent data available that was published by the NTEA in August 2019, for classes 1-8, the total number of trucks registered in 2017 in the US was 151,605,435 units.
  • For classes 3-8, the total number of trucks registered in 2017 in the US was 11,125,081 units.

2017 By State

  • For state class 1-8, the total number of trucks registered in 2017 in California in the private sector was 14,693,888, and for state/local government 236,124.
  • For Texas in the private sector, the total number of trucks registered in 2017 was 13,341,345 and for state/local government 140,785.
  • For Florida in the private sector, the total number of trucks registered in 2017 was 8,396,619 and for state/local government 111,579.
  • For Illinois in the private sector, the total number of trucks registered in 2017 was 5,806,097.
  • For New York in the private sector, the total number of trucks registered in 2017 was 5,780,052.
  • For Pennsylvania in the private sector, the total number of trucks registered in 2017 was 5,719,230.
  • For Ohio in the private sector, the total number of trucks registered in 2017 was 5,686,290.
  • For Michigan in the private sector, the total number of trucks registered in 2017 was 4,947,020.
  • For South Carolina in the state/local government sector, the total number of trucks registered in 2017 was 110,884.
  • For Washington in the state/local government sector, the total number of trucks registered in 2017 was 95,962.
  • For Tennessee in the state/local government sector, the total number of trucks registered in 2017 was 68,780.
  • For Georgia in the state/local government sector, the total number of trucks registered in 2017 was 67,459.
  • For North Carolina in the state/local government sector, the total number of trucks registered in 2017 was 60,687.