Global Semi-Trailer Market segmented by Type (Flatbed, Lowboy, Dry van, Refrigerated, Tankers, Others), By Tonnage (Below 25 t, 25 t – 50 t, 51 t – 100 t and Above 100 t), By Axle count (<3 axles, 3–4 axles, >4 axles), and Region (North America, Europe, APAC, RoW).
Global Semi-Trailer Market Highlights:
Global Semi-Trailer Market growth is attributed to factors such as growth in GDP per-capita, the aging demography, and the growth in the international inbound and outbound tourism in various countries, all over the globe. The semi-trailer market will grow over the forecast period with the rise of adventure tourism, and the evolution of eco-tourism.
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Semi-Trailer Leading Players Analyzed are: Wabash National Corporation (US), Schmitz Cargobull (Germany), Kögel Trailer GmbH & Co.KG (Germany), and Great Dane Trailers (US), American Trailer & Storage (U.S.), PACCAR Inc. (U.S.), China International Marine Containers (Group) Co. Ltd. (China), Utility Trailer Manufacturing Company (the U.S.), Schmitz Cargobull AG (Germany), and Great Dane Limited Partnership (the U.S).
Moreover, many governments around the world have initiated the promotion of fuel-saving technologies within their heavy-duty vehicle fleets such as semi-trailers. This is done with the objective of responding to the growing fuel consumption and GHG emissions from commercial vehicles.
A semi-trailer is a trailer without a front axle that is used extensively. The factors leading to the growth of the semi-trailer market are the growing cold chain industry, and the increase in the use of advanced technologies such as telematics and stability control. The growth of the cold chain industry can be attributed to the growth in large-format supermarket retailing. The installation of advanced devices such as temperature recorder with built-in GSM modem and remote temperature monitoring in the refrigerated trailers, is benefitting trailer owners and managers in the real-time monitoring of the trailer, thereby driving the growth of the market.
However, the growth of this market is expected to be restrained by the existence of local players in unorganized sector, and transportation of goods through sea and air. The growth of this market could also be challenged by lightweight semi-trailers and lowering the total cost of ownership (TCO). A tractor with a semi-trailer has an articulation point (where it pivots), which makes backing up more complex, thereby restraining the growth of the market.
Tractor semi-trailers account for the largest percentage of vehicle-kilometers traveled, leading to the growth in fuel consumption and emissions from heavy-duty vehicles. Thus, tractor semi-trailers are expected to represent majority of the diesel fuel use and greenhouse gas (GHG) emissions from the on-road heavy-duty sector, which will in turn demand for higher R&D for the development of efficient tractor semi-trailers.
Market Segments Analysis:
The scope of the study segments the global semi-trailer market by type, tonnage, axle count and regions.
By Type:
Flatbed
Lowboy
Dry van
Refrigerated
Tankers
Others
By Tonnage:
Below 25 t
25 t – 50 t
51 t – 100 t
Above 100 t
By Axle count:
<3 axles
3–4 axles
>4 axles
By Regions:
North America
Asia Pacific
Europe
Rest of the World
Regional Analysis:
Geographically, the global semi-trailer market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. North America is expected to dominate the global semi-trailer market. This is due to factors such as improving road infrastructure, expanding supply chain industry, introduction of government regulations on weight carrying capacity and dimensions of a semi-trailer.
Developing countries such as China and India are witnessing significant infrastructural and economic growth, which in turn leads to an increase in the demand for dry van semi-trailers. The other factors driving the growth of this segment are the growth in retail, fast moving consumable goods and fast moving consumable durable industries.
Intended Audience:
Semi-Trailer manufacturers
Distributer & Supplier companies
End Users
consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continued…
List Of Tables:
TABLE 1 GLOBAL SEMI-TRAILER MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA SEMI-TRAILER MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE SEMI-TRAILER MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA PACIFIC SEMI-TRAILER MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW SEMI-TRAILER MARKET: BY COUNTRY, 2018-2023
Continued…
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGUR 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
Continued…
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