Press release
Global Trailer Canopy Market Research Report through 2018-2028: High Cost and Inhibition of Import Penetration by Domestic Players to Prevail as Key Growth Deterrents and Dominating County market Strength, By Region - North America, APEJ, MEA, Europe
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Solely led by consumer preference, trailer canopy market will continue to be influenced by key trends such as customization and vehicle innovations. Use of trailer canopy has extended beyond the purpose of shading to almost mimicking a mini warehouse or commercial storage. Key companies operating in the trailer canopy market have introduced a slew of novel solutions, which fall in line with evolving requirements of end-users.
Custom-made trailer canopy, and metal-based (steel or aluminum) trailer canopy, have been attracting end-users’ interest, who are being lured by manufacturers key offerings such as emptied canopy, multiple compartment canopy, and canopy with shelves & drawers. Additionally, growing focus of manufacturers in providing easy-to-install, reliable, weatherproof and durable trailer canopy will significantly rub off on growth of the trailer canopy market.
The automotive industry has been witnessing an uptake in demand for customized solutions, and this trend is rubbing off on popular accessories such as trailer canopy. As trailer canopy design & development is witnessing transformation in tandem with the evolving utility, end-user demand for customized trailer canopy has been witnessing a hike recently.
Customized canopy offerings of manufacturers, with features including dust- & waterproof material, multiple doors & windows, storage cabinets & drawers, and roof racks for containing tool boxes, fall in line with such evolving designs & developments. Trailer canopy manufacturing companies are also concentrating on the provision of custom canopy fit-outs for vehicles that need aftermarket modifications, thereby retaining their competitiveness in the trailer canopy market.
Among various material employed for manufacturing trailer canopy, aluminum has been sought-after among companies operating in the trailer canopy market. Excellent material qualities of aluminum, along with its resilience in robust climatic conditions, has meant that aluminum is a lucrative material for the production of trailer canopy, as it aids in reducing the overall vehicle weight and enhancing the fuel efficiency. Trailer canopy based on aluminum majorly seek adoption in bakkies, trailers and small trucks.
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The rise in international trade has augured well for growth of the trailer canopy market, as trailers are extensively employed for transportation of goods and commodities. Stringent regulatory legislation regarding fuel efficiency and emission standards have intensified the demand for lightweight commercial trailers in past decade. This has further spurred demand for trailer canopy manufactured by using aluminum, as the material imparts excellent lightweight and durability attributes.
The aluminum consignment to the trailer and semitrailer industry has grown significantly over the past few years, which in turn has led robust adoption of the material in the production of trailer canopy. As countries are enacting stricter emission standards for commercial vehicles, manufacturers are delivering lightweight auto components for enabling high load capacity and easy towing, and trailer canopy is no exception. Growing demand for lightweight commercial vehicles will pave lucrative growth opportunities for the trailer canopy market in the foreseeable future.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Global Trailer Canopy Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the Report
2.4 Opportunity Analysis
2.5 Mega Trends in Trailer Canopy Market
Chapter 3 Market Dynamics
3.1 Global Trailer Canopy Market Key Drivers
3.2 Global Trailer Canopy Market Key Restraints
3.3 Global Trailer Canopy Market Key Opportunities
3.4 Global Trailer Canopy Market Key Trends
3.5 Global Trailer Canopy Market Key Takeaways
3.6 Global Trailer Canopy Market Wheel of FortuneTM Opportunity Analysis
Chapter 4 Associated Industry and Key Indicator Assessment
4.1 Global Automotive Industry Overview
4.1.1 Global Automotive Industry Analysis (Mn Units) and Forecast, 2013-2028
4.1.1.1 Global Vehicle Production, By Vehicle Type
4.1.1.2 Global Vehicle Fleet, By vehicle Type
CONTINUED………………….
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