Demand for Semitrucks Is Surging, and Four Companies Stand to Benefit

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Four manufacturers dominate the market for large semitrucks, led by Daimler Trucks’ Freightliner brand. But the business is facing challenges from the outside.

Semitruck makers have seen record demand for trucks in recent months and have pivoted from managing extremely tight supply constraints to filling orders now that parts are starting to flow more freely.

Somewhere between 95,000 and 284,000 new semitrucks are sold in America each year, and as of late 2022 sales were on track to be on the high end of that, said J.D. Power analyst Chris Visser. On average, a semi with a sleeper cabin will cost about $150,000. A fully loaded one can run above $200,000.

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