Automotive Trailer Market Study Comprises Analytical with Current Trends and Future Estimations

The global automotive trailer market is segmented into trailer type, axle type, vehicle type, and region. Based on trailer type, the market is categorized into dry van, box trailer, flatbed, tripper, refrigerated trailer, and others. Depending on axle type, it is bifurcated into single axle and tandem axle. By vehicle type, it is classified into two-wheeler, passenger car, and commercial vehicle. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA

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.

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.

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.

Download Sample Report Copy: https://www.alliedmarketresearch.com/request-sample/1710?utm_source=openpr&utm_medium=vinit

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.

Reduction in Cost

One of the major benefits of automotive trailers is that it offers cost benefits. It also serves as an ideal solution to increase the carriage capacity, as it costs half of the price as that of the new vehicle. Moreover, some trailers fall within the range of $5,000‐$10,000, which provides superior edge in terms of cost. Thus, all these factors together supplement the growth of the global automotive trailer market.

By Trailer Type
• Dry Van & Box
• Refrigerator
• Chemical & Liquid
• Tipper
• Flatbed
• Others (Bottom Dump and Cargo)

By Axle Type
• Single Axle
• Tandem Axle
• Three or More Than Three Axle

By Vehicle Type
• Two-wheeler & Bike
• Passenger Car
• Commercial Vehicle

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

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

Purchase Report Inquiry @: https://www.alliedmarketresearch.com/purchase-enquiry/1710?utm_source=openpr&utm_medium=vinit

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.