Hey there, Are you talking about revenue or demand for trucks in the US? Assuming Demand, we can estimate it in the following way: Our Goal: #trucks sold / year #trucks = (trucks/person) * (total amount of people) = 1 truck per 100 person (assumption) * 300M people = 3M truck in total Life-span of trucks are approximately 10 years #truck / lifespan = 3M/10y = 300K/y (this is your answer if you believe the market is steady) If you want to integrate a trend: say we have a positive trend in sales because oil prices are dropping globally. Approximately 5% per year, so 5% of the total amount will increase = 300K*5% = 15K Answer of 300K + 15K = 315K The answer would be: In average 315K trucks will be sold per year in the US. If you are talking about revenue, assuming the retail price of a truck is about 30K. So revenue generated per year would be $9.45M. Cheers, D

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Anonymous A

on Nov 9, 2017

Global

Truck market in US

any thoughts?

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Anonymous B

on Nov 10, 2017

Hey there,
Are you talking about revenue or demand for trucks in the US?

Assuming Demand, we can estimate it in the following way:

Our Goal: #trucks sold / year

#trucks = (trucks/person) * (total amount of people)
- = 1 truck per 100 person (assumption) * 300M people
- = 3M truck in total
Life-span of trucks are approximately 10 years
#truck / lifespan
- = 3M/10y = 300K/y (this is your answer if you believe the market is steady)
If you want to integrate a trend:
- say we have a positive trend in sales because oil prices are dropping globally.
- Approximately 5% per year, so 5% of the total amount will increase
- = 300K*5% = 15K
- Answer of 300K + 15K = 315K
The answer would be: In average 315K trucks will be sold per year in the US.

If you are talking about revenue, assuming the retail price of a truck is about 30K. So revenue generated per year would be $9.45M.

Cheers,
D