With over 100 years of reliability and usefulness in the utility industry, is the light-duty bucket truck still on an upward swing? Utilimarc wanted to find out if the aerial lift vehicle performance was constantly improving, holding still — or worse — falling flat.
Analyzing data from 50 benchmarking clients, and over 5,200 light-duty bucket trucks under 26,000 GWVR, we were able to determine a very real, evidence-based pattern of behavior within the utility industry.
Read the trends of the light-duty bucket truck:
In 2008, the average purchase price was $92,571. In 2016, it hit $148,974 — an increase of $56,403, or 61%. On average, the purchase price equaled $124,144 over the 9-year period.
In its first year, the bucket truck operating cost was $0.31 per mile. By year 10, it was $1.19 — an increase of $0.88 per mile over the 10-year period. That made the average operating cost over a 10-year period right at $0.75 per mile. Definitely big enough to affect many bottom lines.
In 2014, the light-duty bucket truck saw its lowest annual mileage at 16,858 miles per year. By 2015, that number jumped to its highest ever at 17,674 miles per year. Over a 5-year period, the light-duty bucket truck saw an annual average of 17,224 miles.
In 2012, the light-duty bucket truck was in the shop every 22.9 days. By 2016, it managed to stay out and productive for 31.3 days — an increase of 8.4 days, or 36.7%. Historically, the bucket truck averages 25.7 days between an unscheduled/demand repair.
In 2012, the average number of days between a preventative/scheduled repair event was 55.4. In 2016, it hit 57.1 days. On average, the light-duty bucket truck can expect to go 58.1 days before its next preventative/scheduled repair.
One questioned remains, however. Does the light-duty bucket truck age as well as its operator?
When it came to average age of a light-duty bucket truck, our data showed no significant changes over the years. In fact, they remained fairly consisted over the 5-year period, coming in at 5.42 years on average. The operator wins this age battle!
We hope you enjoyed this Spotlight.
Be sure to check your email and our blog for more insightful, data-backed industry results in the future.
Want to know more about this data or how it ties to fleet analytics? Curious about how Utilimarc’s fleet suite can improve your fleet? Contact a Utilimarc representative at firstname.lastname@example.org, call 952.417.0186, or visit utilimarc.com/demo to schedule a free, insightful demo.