Global Car Carrier Market is expected to rise at a steady CAGR in the prescribed period. Car carriers transport vehicle/s on a flat platform that slides or tilts to the ground to facilitate loading and unloading of the vehicle. In addition, they are well-equipped with a wheel-lift or underlift enabling them to tow an additional car behind them. Car carriers are sometimes known as slide backs, equipment transporters, flatbeds and rollbacks. They can be upto 40 feet high in length comprising the bed load and generally convey automobiles, pickup trucks and small vans. Overall, a car carrier can also be used to transport vehicles damaged by conventional towing techniques or vehicles with critical chassis and wheel damage.
Driving factors responsible for the growth of car carrier market include rise in transportation activities. Also, the rise in road accidents or mishaps resulting into car damage with towing needs add to the market growth in the forthcoming years. However, non-awareness of modern techniques is likely to confine the market growth in upcoming years.
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Based on segmentation by material, the car carrier market includes steel, aluminum, fiber and plastic. Steel and plastic segment dominate the global scenario owing to their versatile characteristics and demand for flexible options. Based on segmentation by application, the car carrier market includes vehicle transportation, military and goods transportation.
Geographically, the car carrier market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market dominates the global market owing to significant demand for car carriers. India, China and Japan being the major commercial hubs for car carriers add to the APAC market growth. North America and Europe also hold a significant share in the global market owing to presence of manufacturing units. Middle-East and African market also have a significant share in car carrier market and is expected to grow at a steady CAGR in the upcoming years.
The key players in the car carrier market include Cottrell, Landoll, TEC Equipment Co, Delavan, Boydstun, Appalachian Trailers, DownEaster Coastal Metal Fab, CIMC, Tom Nehl Truck Company, Sun Country Trailers, Schmitz Cargobull, Great Dane Trailers, Krone, Hyundai Translead, Koegel and Welton.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Car Carrier in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Car Carrier market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Miller Industries
• Dongfeng Trucks
• Kentucky Trailers
• Wally-Mo Trailer
• Infinity Trailer
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Open-Air Car Carrier
• Enclosed Car Carrier
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/automotive-and-parts
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 Car Carrier for each application, including
• Automobile Sales Service shop 4S
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