The Market
Industry:
No Excuse Lighting System, LLC is part of the trailer manufacturing and automotive industries.
FACTS
There are 2 million semi-trucks in operation in the United States and around 5.6 million semi-trailers.
The Top-25 trailer manufacturers built 322,341 trailers in 2019. That is 5,336 more trailers than in 2018, or an increase of almost 2%. The four largest trailer builders, each completing over 50,000 trailers, shipped a total of 224,208 trailers, or 70% of theTop-25 total. The six largest manufacturers built 80% of the total.
The global semi-trailer market size is to be valued at USD 29.36 billion by 2028 and is expected to grow at a compound 4 annual growth rate(CAGR) of 5.8% during the forecast period. The dry vans segment accounted for the largest volume share of over 35.0% in 2020 and is anticipated to maintain its lead over the forecast period, with wide applications across multiple industries.
Description of Customers
The company will market to numerous customers including truck drivers, trucking companies, and semi-trailer manufacturers.
Our target customers are drawn to adding safety and convenience to their trucks and trailers. They value quality, and they research the products they buy. Our target customers are willing to spend more money on products that are of higher quality and last longer.
In addition to added safety and convenience, our customers will likely benefit from discounted insurance premiums by installing our safety-related lighting system.
No Excuse Lighting System, LLC will actively pursue endorsements from the insurance industry.
Company Advantages
No Excuse Lighting System, LLC has the following advantages compared to competitors:
Basic, practical designs
Safe, non-toxic paints, parts, and accessories
Easy-to-assemble parts
All components are assembled in America and made with high quality steel, aluminum, and brass
Quick, 48-hour delivery since our goal is to keep sufficient units in stock
High-quality, interactive website
Plans for global sales
Face-to-face interaction with customers at trade shows across the United States
Intellectual Property Rights:
No Excuse Lighting System, LLC ™ is a Mississippi limited liability company.
The laterally extending backup light system is a patented product owned by the company.
The company also owns patents pending for related products similar in design and operation for use on other products.
