Semi-Trailer Market Top Trends And Statistics

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Semi-Trailer Market by Type, Tonnage, Number of
Axles and Region - Global Forecast to 2025
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Semi-Trailer Market by Type (Flatbed, Lowboy, Dry
Van, Refrigerated, Tankers), Tonnage (Below 25T,
25T-50T, 51T-100T, and Above 100T), Number of
Axles (lt3 Axles, 3-4 Axles, and gt4 Axles), and
Region - Global Forecast to 2025 The global
semi-trailer market was valued at USD 24.49
Billion in 2016 and is projected to grow at a
CAGR of 4.98 from 2017 to reach USD 37.34
Billion by 2025. In this study, 2016 has been
considered the base year and 20172025 the
forecast period for estimating the size of
the global market. PDF Brochure
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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 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. Request for
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Less than 3 axles segment is estimated to be the
largest segment by number of axles from 2017 to
2025 The market size for semi-trailers with less
than 3 axles is expected to be the largest as
this type of trailers are preferred in Europe and
Asia Pacific. The legally permissible load that
can be transported on a semi-trailer depends on
the number of axles. Weight limit and Gross Axle
Weight Rating (GAWR) depend on state laws and are
designed for the safety of the vehicle during
operation. Government regulations on weight
limits and number of axles are driving the market
for less than 3 axles segment. Request Sample _at_
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North America Largest market for
semi-trailer North America is projected to be
the largest market for semi-trailer in 2017. The
market growth in the region can be attributed to
numerous factors such as improving road
infrastructure, expanding supply chain industry,
government regulations on weight carrying
capacity and dimensions of semi-trailer,
Californias Air Resources Board (CARB) mandates
related to semi-trailer aerodynamics and the boom
in natural gas industry. The semi-trailer market
is dominated by a few globally established
players such as Wabash (US), Schmitz Cargobull
(Germany), Utility Trailer (US), Krone (Germany),
Kögel (Germany), and CIMC (China). Speak to
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Market Ecosystem The semi-trailer market
ecosystem consists of manufacturers such as
Wabash (US), Schmitz Cargobull (Germany), Utility
Trailer (US), Krone (Germany), Kögel (Germany),
and Great Dane Trailers (US), and research
institutes such as Japan Automobile Manufacturers
Association (JAMA), European Automobile
Manufacturers Association (EAMA), Canadian
Automobile Association (CAA), and Korea
Automobile Manufacturers Association (KAMA).
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Browse gtgt 72 market data
tables 45 figures
136 pages and in-depth TOC on
Semi-Trailer Market - Global Forecast to
2025 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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