Semi-Trailer Market 2025 | Size, Growth and Industry Insights
Some of the major drivers of the market are the expanding cold chain industry and increasing use of advanced technologies that boost the demand for semi-trailer. Innovations in semi-trailer platooning and electric semi-trailer truck can create new revenue generation opportunities for semi-trailer manufacturers.
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Some of the major players in the global market are Wabash (US), Schmitz Cargobull (Germany), Utility Trailer (US), Krone (Germany), Kögel (Germany), and Great Dane Trailers (US).
The global market is segmented on the basis of type, tonnage, number of axles, and region. The report discusses six semi-trailer types, namely, flatbed, low boy, dry van, refrigerated, tanker, and others. The other segment includes tipper and dumps semi-trailer. Dry van semi-trailer segment held the largest share in the global market and is estimated to grow with the highest CAGR during the forecast period, due to its wide applications in multiple industries. These trailers are used by LTL and FTL fleet operators for their operations because of their versatility and cost-efficiency.
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On the basis of tonnage, below 25t segment is estimated to hold the largest share of the global market in 2017. This segment is estimated to grow at a significant CAGR and is expected to remain the largest segment during the forecast period. The growth of this segment is driven by government regulations regarding weight carrying capacity for road safety.
On the basis of a number of axles, the less than 3 axles segment is estimated to account for the largest share of the global market and is anticipated to remain the largest segment during the forecast period as this type of trailers are preferred in Europe and the Asia Pacific for the transportation of load below 50 tons.
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*Cold supply chain service providers
*Third-party logistics players
*Compliance regulatory authorities
*Information Technology (IT) companies & System integrators
*Investors and Venture Capitalists (VCs)
*Suppliers of raw material for semi-trailer
*Traders, distributors, and suppliers of semi-trailer
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