Press release
Trailer Market Growth Analysis, Opportunities, Trends, Developments And Forecast 2020
The Business Research Company
The global trailer market is expected to grow from $54.2 billion in 2019 to $54.9 billion in 2020 at a compound annual growth rate (CAGR) of 1.3%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $73.4 billion in 2023.
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The truck trailer manufacturing market consists of sales of truck trailers by entities (organizations, sole traders and partnerships) that produce truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies, and detachable trailer chassis for sale separately.
The usage of Fiber laser in manufacturing of truck trailers is a major trend in the truck trailer manufacturing industry. It is proven that usage of fiber laser doubles the productivity of trailer manufacturer's metal cutting process. The advantage truck trailer manufacturers have by using fiber laser is that they can have a higher extent of in-house control over trailer production and save the expense of putting work out to sheet metal subcontractors.
Trailer Market Segmentation:
By Type
1. Dry Vans
2. Refrigirated Trailers
3. Tank Trailers
4. Flatbed Trailers
5. Lowboy Trailers
6. Other Trailers
By End-User Industry
1. Paper And Paper Products
2. Pharma Drugs
3. Textile Products
4. Food and Groceries
5. Agriculture And Farm Products
6. Chemicals
7. Petroleum And Petroleum Products
8. Motor Vehicle And Motor Vehicle Parts
9. Metal And Minerals
10. Commercial Machinery
11. Other Products
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Trailer Market Characteristics
4. Trailer Market Product Analysis
5. Trailer Market Supply Chain
……
19. Trailer Market Competitive Landscape
20. Key Mergers And Acquisitions In The Trailer Market
21. Market Background: Transportation Manufacturing Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the trailer market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the trailer market are China International Marine Containers (Group) Ltd; Schmitz Cargobull AG; Bernard Krone Holding SE & Co. KG; Wabash National Corporation; Utility Trailer Manufacturing Company
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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