Semi-Trailer Market 2018 Global Industry Analysis By Size, Share, Trends Forecast To 2023

Semi-Trailer Market Highlights:

Semi-Trailer Market to Register High Growth Rate during The Forecast Period. Market Research Future published a half cooked research report on global Semi-Trailer Market. The semi-trailer market is expected to grow at ~5% CAGR during the period 2017 to 2023. The semi-trailer market is diverse and there are a wide variety of sizes and configurations that are employed to meet the wide range of freight demands. The semi-trailer market is expected to grow significantly over the forecast period. This is due to the 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.

Get Sample Copy of “Semi-Trailer Market Research Report - Global Forecast 2023 of 110 pages supported by tables and figures” At: https://www.marketresearchfuture.com/sample_request/5369

Semi-Trailer Market Insights:

This study provides an overview of the global semi-trailer market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global semi-trailer market by type, tonnage, axle count and regions.

Based on the axle count, the market has been segmented as 4 axles. Amongst these, less than less than 3 axles segment is expected to dominate, in terms of growth rate. These trailers are extensively used and preferred over other semi-trailers in the regions of Europe and Asia Pacific. The legally permissible load which can be transported on a semi-trailer depends on the axle count of a semi-trailer. Thus, it can be concluded that government regulations on weight limits, is driving the less than 3 axles segment.

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.

The prominent players in the semi-trailer market include 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).

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