Press release
Semi-Trailer Market Report - Comprehensive Analysis on Global Market by Company, by Dynamics, by Region, by Type, and by Application (2020-2027)
The global Semi-Trailer market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.
The global semi-trailer market is expected to reach USD 22.5 billion by 2025. Asia Pacific is expected to witness rapid growth. The growth in the region is recognized by the increase in inland transportation and the increased feasibility of transportation costs. Moreover, the growing e-commerce industry in developing countries such as India and China is driving the demand for fuel-efficient vehicles for bulk transportation. Reduced transportation costs have led to increased price competition among key players in this segment. North America accounted for over 30.0% of the total market revenue share. The market in the region is growing at a healthy pace owing to various factors such as strong road infrastructure network and growing transportation and logistics sector. Moreover, it is further expected that relaxation of government regulations regarding the carrying capacity and size of semi-trailers will lead to an increase in demand for light transport vehicles, thereby driving the market demand. Moreover, the California Air Resources Board (CARB) requires installation of 'SmartWay', a proven aerodynamic technology designed to improve fuel efficiency of tractors and semi-trailers.
A semi-trailer is a trailer without a front axle. A large proportion of its weight is supported by a tractor unit, a detachable front axle assembly known as a dolly, or the tail of another trailer. A semi-trailer is normally equipped with landing gear (legs which can be lowered) to support it when it is uncoupled.
The market is expected to grow at a steady rate due to the growth of the logistics industry. Moreover, the increasing popularity of semi-trailers over full trailers can be attributed to the superior features offered in terms of safety and reliability. Growing natural gas production is expected to increase the demand for tankers in the coming years. The retail, energy, and industrial manufacturing sectors typically transport goods and machinery via heavy-duty vehicles. Growth in the aforementioned verticals and consequent increase in industrial output will pave the way for market growth over the forecast period. In addition, the breadth of the logistics sector and expanding product range is expected to positively impact the market demand for semi-trailers. Manufacturers are emphasizing the incorporation of ADAS into transport vehicles to enable fleet operators/logistics service providers to effectively track shipments. Thus, technological advancements such as ADAS integration and semi-trailer platooning will positively impact the end-user demand.
Get the complete sample, please click:
https://www.globalmarketmonitor.com/request.php?type=1&rid=591841
Competitive Players
The Semi-Trailer market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are:
Utility Trailer
Schwarzmüller Group
CIMC
Welton
Kogel
SDC
Schmitz Cargobull
Hyundai Translead
Krone
Stoughton
Great Dane
Wabash National
On the basis of application, the Semi-Trailer market is segmented into:
Logistics
Chemical
Food
Cement
Oil and gas
Other
Type Synopsis:
Flatbed Semi-Trailer
Lowboy Semi-Trailer
Dry Van Semi-Trailer
Refrigerated Semi-Trailer
Other
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Semi-Trailer Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Semi-Trailer Market by Types
4 Segmentation of Semi-Trailer Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Semi-Trailer Market in Major Countries
7 North America Semi-Trailer Landscape Analysis
8 Europe Semi-Trailer Landscape Analysis
9 Asia Pacific Semi-Trailer Landscape Analysis
10 Latin America, Middle East & Africa Semi-Trailer Landscape Analysis
11 Major Players Profile
…
Ask for a discount at:
https://www.globalmarketmonitor.com/request.php?type=3&rid=591841
Global Semi-Trailer market: regional segments
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Columbia)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Audience:
• Semi-Trailer manufacturers
• Semi-Trailer traders, distributors, and suppliers
• Semi-Trailer industry associations
• Product managers, Semi-Trailer industry administrator, C-level executives of the industries
• Market Research and consulting firms
Key questions answered in the report
What will the market size and growth rate be in 2026?
What segment or region will drive or lead market growth and what are the reasons?
How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
What key strategies are used by top vendors to increase revenue?
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
https://www.globalmarketmonitor.com/request.php?type=9&rid=0
Get More Information on Global Market Monitor:
Truck Trailers Market Report
https://www.globalmarketmonitor.com/reports/587054-truck-trailers-market-report.html
Semitrailer Market Report
https://www.globalmarketmonitor.com/reports/588176-semitrailer-market-report.html
Orchard Tractor Market Report
https://www.globalmarketmonitor.com/reports/589654-orchard-tractor-market-report.html
Agricultural Tractor Market Report
https://www.globalmarketmonitor.com/reports/591316-agricultural-tractor-market-report.html
Contact Us:
Global Market Monitor
E-mail: info@globalmarketmonitor.com
Phone:
001-3474677721
Company Address:
USA Office: One Pierrepont Plaza, 14th Floor, 300 Cadman Plaza W, Brooklyn, NY 11201, USA
Website: https://www.globalmarketmonitor.com
About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Semi-Trailer Market Report - Comprehensive Analysis on Global Market by Company, by Dynamics, by Region, by Type, and by Application (2020-2027) here
News-ID: 2131437 • Views: …
More Releases from Global Market Monitor
Fluorescence Spectrometers Market Pegged for Robust Expansion by 2028
Industry analysis, growth development and current trends depicted in the Fluorescence Spectrometers market report are of great help for the new industry players entering into the market. This market report delivers complete overview of the significant factors that will impact the market growth such as drivers, restraints, and opportunities for the players, challenges, current trends and technological advancements. This Fluorescence Spectrometers market report does the thorough assessment of the market…
2023 Global and China Engineered Stone (Quartz Surfaces) Market Outlook Analysis …
The global Engineered Stone (Quartz Surfaces) market report analyzes the existing trends and dynamics of the Engineered Stone (Quartz Surfaces) industry and predicts market development prospects during the forecast period from 2023 to 2028. The report provides in-depth insights into the market's competitive landscape, supporting companies in making improved business decisions and advancing growth strategies based on market prospects and opportunities analysis in the report. The report focuses on a…
Coronary Artery Bypass Grafts (CABG) Industry Overview, PEST, SWOT, and Market S …
Coronary artery bypass surgery, also known as coronary artery bypass graft (CABG, pronounced "cabbage") surgery, and colloquially heart bypass or bypass surgery, is a surgical procedure to restore normal blood flow to an obstructed coronary artery. A normal coronary artery transports blood to and from the heart muscle itself, not through the main circulatory system. The availability of favorable reimbursement policies for medical devices is one of the primary…
Automotive Mirror Control Switch Market Analysis by Advanced Technology, Trends, …
The mirror control switch is typically located on the driver's side door or on the left-hand side of the dashboard. When different drivers get in a car, they can use the mirror switch to adjust their side view mirrors so that they have the best view of their surroundings and their blind spots mirror and switches are designed to make driving safer.
This detailed Automotive Mirror Control Switch market report depicts…
More Releases for Trailer
Trailer Rental and Leasing Services Market Size 2024: Industry Overview, Manufac …
The Global "Trailer Rental and Leasing Services Market Size" Report provides a comprehensive analysis of the factors driving the industry's growth, including trends, dynamics, and market share. It assesses both current and historical market values to forecast potential developments from 2024 to 2032. The study draws on both primary and secondary data, exploring various elements that influence the industry, such as government regulations, market conditions, competitive landscape, historical trends, present…
Semi Trailer Rental and Leasing Market Insights, Technology Advancements and For …
The Latest research study released by WMR "Semi Trailer Rental and Leasing Market with 150+ pages of analysis on business Strategy taken up by key and emerging industry players delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying the importance of different factors that aid market growth.
The market study report offers comprehensive insights into the entire market landscape,…
The Global Truck Trailers Market Size Research Report 2021 Forecast 2030 | Key P …
The Global Truck Trailers Market Size is expected to reach USD 105 billion by 2030, at a CAGR of 7.02% during the forecast period 2022 to 2030.
Request To Download Free Sample copy of the report @ https://www.sphericalinsights.com/request-sample/1628
Comprehensive historical analysis of global market for Truck Trailers has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It…
Global Trailer Rentals market: Market Indicators Showing Positive Outlook | Cool …
"
The Trailer Rentals global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key factors.…
Oil Tank Trailer and Semi-Trailer Market: Competitive Dynamics & Global Outlook …
LP INFORMATION offers a latest published report on Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Oil Tank Trailer and Semi-Trailer market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$…
Semi-trailer Global Market Outlook 2017-2026 By Industry players- ontaine Commer …
Global Semi-Trailer Market is accounted for $24.23 billion in 2017 and is expected to reach $41.25 billion by 2026 growing at a CAGR of 6.1% during the forecast period.
Factors such as growing demand for consumer goods, increasing business activity in emerging countries and rising usage of advanced technologies are fueling the market growth. However, unfortunate road transportation coupled with a lack of intent to recover transport is hampering the market.
Get…
