Global semi trailer market is anticipated to rise at a positive CAGR in the predicted period. Semi trailers are most useful equipment for transportation of products, and are equipped with the gear or landing gear. The semi trailers are most useful and in demand than the full trailers with rear and front axles. A semi trailer is defined as the trailers with a heavy front axle and the large portion of its weight which is supported by the tractor unit, is detachable.
Based on economic conditions and the different verticals, the demand for transportation by road becomes significant. There are industries such as automotive, construction, retail and other they need or they are dependent on semi-trailers for logistics requirements. So, the market growth for the semi trailers is high in demand, and the growth is governed by overall economic growth of the market.
Due to development of the new technologies in market the manufacturers of semi-trailers and others are focusing on the developing aerodynamic semi trailers which will also add to carry more freight and will lower the overall fuel consumption. The fleet operations using the trailer tails and side skirts with the telematics resulting into reduction of fuel consumption and the emission levels which optimizes different operations in the market is expected to upsurge the demand in the market during the predicted period.
Most of the developers and manufactures are going towards the advanced chassis system which is capable of the handling extra weight. However, Competitive pricing and the demand, proper infrastructure of the semi trailer and also the lack of proper infrastructure in emerging regions, will limit the market growth. Semi trailer Market is segmented, By Types into Lowboy, Dry Van, Flatbed, and Refrigerated Others. Semi trailer Market is segmented, By Tonnage into <25 tons, 25 to 50 tons, 50 to 100 tons, >100 tons. Semi trailer Market is segmented, By Number of Axles into <3 axles, 3 to 4 axles, >4 axles.
Semi trailer Market is segmented, By Geographical Region into North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.
Semi trailer Market Key Players include Hyundai Translead, Vanguard National Trailer Corp, Stoughton Trailers LLC, Polar Tank Trailer, Pitts Enterprises, MAC Trailer Manufacturing, Strick Corporation, Fontaine Trailer Company and Reitnouer Inc., MANAC, Timpte Inc, Trail King Industries, Doepker Industries, Heil Trailer International, Co., Con-way Manufacturing, East Manufacturing Company.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Semitrailer in these regions, from 2012 to 2022 (forecast), covering
• United States
• South Korea
Global Semitrailer market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Wabash National
• Schmitz Cargobull
• Great Dane
• Hyundai Translead
• Utility Trailer
• Schwarzmuller Group
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Flatbed Semitrailer
• Lowboy Semitrailer
• Dry Van Semitrailer
• Refrigerated Semitrailer
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Semitrailer for each application, including
• Oil and Gas
Research Support Specialist, USA