Automotive Trailer Market-Depth Analysis, Industry Analysis, Revenue in Forecast 2017-2023

Automotive trailers have large cargo carrying capacity. Regardless of the size of the trailer, it increases the carrying capacity, as every inch of space from floor to ceiling can be brought to utilization. Moreover, transportation of goods and commodities such as perishable foods, construction materials, heavy loads, and loose materials through trailers serves as an affordable option as compared to renting or leasing a truck, which fuels the growth of the automotive trailer market globally.

Automotive Trailers are unpowered vehicles towed by a powered vehicle with the help of a hitch. These trailers are used to transport goods and commodities from one place to another. They are majorly used by cargo companies to transfer their goods either nationally or internationally. In addition, they are used for recreational purposes such as to carry their luggage, as fishing boats, or as mobile homes with limited facilities.

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According to a recent report published by Allied Market Research, titled, Global Automotive Trailer Market by Trailer Type, Axle Type, Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global automotive trailer market was valued at $21,895.0 million in 2016, and is projected to reach at $28,538.5 million by 2023, growing at a CAGR of 3.8% from 2017 to 2023.

At present, Asia-Pacific dominates the market, followed by North America. In 2016, China dominated the Asia-Pacific market and Germany led the overall market in Europe. However, in North America, the U.S. currently dominates the market.

The reduction in cost in terms of fuel consumption & emission, and their environment-friendly nature of the automotive trailers make way for the growth of the market. In addition, extra carriage capacity of the automotive trailers also contribute to the market growth. However, high maintenance cost and reduced resale value hampers this stated growth.

Key Findings of the Automotive Trailer Market:
• The commercial vehicle segment generated the highest revenue in the global automotive trailer market in 2016.
• In 2016, three & more than three axle segment was the highest revenue contributor in the axle type segment.
• LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
• In 2016, Asia-Pacific contributed the highest market share, followed by North America, Europe, and LAMEA.

The key players profiled in the report include China International Marine Containers Co., Ltd, Schmitz Cargobull Aktiengesellschaft, Wabash National Corporation, Great Dane, Dennison Trailers Ltd., Utility Trailer Manufacturing Company, Hyundai Motor Group, Humbaur GmbH, Ifor Williams Trailers Ltd., and Bckmann Fahrzeugwerke GmbH.

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Chapter: 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

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Chapter: 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate-to-high intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. VALUE CHAIN ANALYSIS
3.5. KEY PLAYER POSITIONING, 2016
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Reduction in cost
3.6.1.2. Extra carriage capacity of the trailers
3.6.1.3. Environment-friendly nature
3.6.2. Restraint
3.6.2.1. High maintenance cost of the automotive trailers
3.6.2.2. Less resale value
3.6.3. Opportunity
3.6.3.1. Development of the transportation & logistics industry

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