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www.MarketsandMarkets.com 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 ( 4 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 2017–2025 the forecast period for estimating the size of the global market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=136867745 https://www.marketsandmarkets.com/pdfdownload.asp?id=136867745
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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 Customization: https://www.marketsandmarkets.com/requestCustomization.asp?id=136867745 https://www.marketsandmarkets.com/requestCustomization.asp?id=136867745
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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 @ https://www.marketsandmarkets.com/requestsample.asp?id=136867745 https://www.marketsandmarkets.com/requestsample.asp?id=136867745
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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 analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=136867745 https://www.marketsandmarkets.com/speaktoanalyst.asp?id=136867745
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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 >> 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 : US$8150 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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Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com
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