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The semi-trailer market is dominated by global players such as China International Marine Containers (China), Wabash National (US), Schmitz Cargobull AG (Germany), Utility Trailer Manufacturing Company (US), and Fahrzeugwerk Bernard Krone (Germany).
Semi-Trailer Market by Type (Flatbed, Lowboy, Dry Van, Refrigerated, Tankers), Tonnage (Below 25T, 25T–50T, 51T–100T, Above 100T), Number of Axles (4 Axles), and Region – Global Forecast to 2025
Semi-Trailer Market by Type (Flatbed, Lowboy, Dry Van, Refrigerated, Tankers), Tonnage (Below 25T, 25T–50T, 51T–100T, Above 100T), Number of Axles (<3 Axles, 3-4 Axles & >4 Axles), and Region
Modular Trailer Market Report and Industry Analysis to 2027
According to the new market research report "Modular Trailer Market by Type (Multi-Axle, Telescopic/Extendable, and Lowboy Trailer), Axles (2 Axles and >2 Axles), Application (Construction & Infrastructure, Mining, Wind & Energy and Heavy Engineering), and Region - Global Forecast to 2027", published by MarketsandMarkets™, The Modular Trailer Market, by value, is projected to grow to USD 19.6 billion by 2027 from USD 14.0 billion in 2019, at a CAGR of 4.3%.
The increasing demand for modular trailers in construction and infrastructure, mining, wind & energy, and heavy engineering will drive the growth of the Modular Trailer Market.
Browse and in-depth TOC on "Modular Trailer Market"
47 - Tables 33 - Figures 110 - Pages
The Modular Trailer Market is dominated by global players and comprises several regional players as well. The key players in the Modular Trailer Market are Goldhofer (Germany), Nooteboom Trailers (Netherlands), Faymonville (Italy), VMT Industries (India), TII Group (Germany) K-Line trailers (Canada), Tratec Engineers (India), and Anster (China).
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“Multi-axle trailer to be the largest segment, by trailer type”
The multi-axle trailer segment is projected to lead the Modular Trailer Market, by trailer type. Multi-axle trailers are used in all major application industries. End users prefer multi-axle trailers, especially due to their unique feature customizable as per the payload requirement. The per axle payload capacity of multi-axle trailers starts from 15 tons. The increase in heavy cargo transportation by road is driving the growth of the multi-axle trailer market.
“Heavy engineering to be the fastest growing segment of the Modular Trailer Market, by application”
Heavy engineering is the fastest-growing segment, by the application. This segment includes nuclear power equipment (steam generators, reactor pressure vessels, turbines, generators) and industrial equipment (fire-tube boilers, water-tube boilers). Increasing activities and developments in the nuclear power plant industry lead to more usage of modular trailers for transportation of heavy engineering equipment from manufacturing locations to the installation sites.
The demand for industrial equipment is progressing at a rapid pace, owing to rapid industrialization and urbanization in various countries worldwide. Increasing demand for such equipment would drive the demand for transportation, thereby driving the Modular Trailer Market.
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“Asia Pacific is expected to hold the largest market for modular trailers during the forecast period” The Asia Pacific is estimated to account for the largest share of the market for modular trailers from 2019 to 2027. The Asia Pacific has witnessed growth in the Modular Trailer Market for the past couple of years. The region comprises economies like India, China, and South Korea. High growth in these countries offers new opportunities in the Modular Trailer Market. The increase in the overall industrial production has led to increased freight transportation, fueling the demand for modular trailers in this region. Therefore, Asia Pacific is estimated to be the largest market for modular trailers, particularly for multi-axle trailers.
Browse Related Reports:
Semi-Trailer Market - Global Forecast to 2025 by Type (Flatbed, Lowboy, Dry Van, Refrigerated, Tankers), Tonnage (Below 25T, 25T-50T, 51T-100T, and Above 100T), Number of Axles (<3 Axles, 3-4 Axles, and >4 Axles), and Region
Terminal Tractor Market - Global Forecast to 2027 by Type, Tonnage, Propulsion, Application (Airport, Marine, Oil & Gas, Logistics), Industry (Retail, Food & Beverages, Inland Waterways & Marine Services, Rail Logistics, RoRo), and Region
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: [email protected] Research Insight: https://www.marketsandmarkets.com/ResearchInsight/modular-trailer-market.asp
Modular Trailer Market by Type (Multi-Axle, Telescopic/Extendable, and Lowboy Trailer), Axles (2 Axles and >2 Axles), Application (Construction & Infrastructure, Mining, Wind & Energy and Heavy Engineering), and Region - Global Forecast to 2027
Semi-Trailer Market Growth by Top Companies, Gross Margin, End-Users Forecasts 2025
According to the new market research report "Semi-Trailer Market by Type (Flatbed, Lowboy, Dry Van, Refrigerated, Tankers), Tonnage (Below 25T, 25T–50T, 51T–100T, Above 100T), Number of Axles (<3 Axles, 3-4 Axles & >4 Axles), and Region - Global Forecast to 2025", published by MarketsandMarkets™, The global semi-trailer market is projected to grow from USD 25.32 billion in 2017 to reach USD 37.34 billion by 2025 at a CAGR of 4.98% during the forecast period (2017–2025).
Expanding cold chain industry, increasing use of advanced technologies such as telematics and stability control are expected to boost the demand for semi-trailer market. However, local players in the unorganized sector in developing countries are a restraining factor for the semi-trailer market. Modern technologies such as semi-trailer platooning and electric semi-trailer truck have lots of development opportunities in the near future. On the other hand, lightweight semi-trailers and lowering the total cost of ownership (TCO) will be the challenging factors for semi-trailer market in the future.
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Browse and in-depth TOC on "Semi-Trailer Market"
72 - Tables 45 - Figures 136 - Pages
“Below 25t segment to remain predominant during the forecast period”
Below 25t segment is estimated to hold the largest share of the global semi-trailer market in 2017. The segment is estimated to grow at a significant CAGR and is expected to remain the largest market during the forecast period. The growth of this segment is driven by government regulations regarding weight carrying capacity for road safety.
Major players profiled in the report are:
CIMC (China)
Wabash (US)
Schmitz Cargobull (Germany)
Great Dane (US)
Utility Trailer (US)
Krone (Germany)
Kögel Trailer (Germany)
Hyundai Translead (US)
Lamberet (France)
Wilhelm (Austria)
“Asia Pacific to surpass North America during the forecast period”
The North America region is estimated to hold the largest share of the global semi-trailer in the year 2017. However, Asia Pacific is projected to grow at the highest CAGR and surpass North America during the forecast period. The expansion of logistics and supply chain industry is expected to fuel the semi-trailer market in the Asia Pacific region.
“Dry van is estimated to hold the largest market share during the forecast period”
The market size for dry van semi-trailers is estimated to be the highest in 2017 and is projected to remain predominant during the forecast period. The production of dry van semi-trailers is estimated to be the highest, followed by a flatbed, refrigerated, low boy, others, and tankers. Developing countries such as China and India have witnessed significant infrastructural and economic growth, which has increased the demand for dry van semi-trailers. The growth in retail, fast moving consumable goods (FMCG), fast moving consumable durable (FMCD) industries is driving the market for a dry van, particularly in the Asia Pacific.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136867745
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441
