In this segment of "Industry Focus" on Motley Fool Live, recorded on Dec. 2, Fool analyst Nick Sciple mentions the trucking business as a future opportunity for XPEL (XPEL 2.70%).
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Nick Sciple: That's interesting. Maybe that's a potential market that XPEL could expand to in the future in trucking.
I think so far they've stuck on the high-end and part of that is, one thing we didn't mention on the show. If you're going to full car coverage with this paint protection film, you're paying 4 to $6,000, which is very, very expensive if you're doing the full car. Although you can get a limited partial coverage of the vehicle that maybe it's a little bit more cost-effective.
I think for the trucking market, probably be a little bit more price-sensitive than the guy driving the Lamborghini or the Ferrari, but certainly a potential opportunity.
