Semi-Trailer Market 2022-31 : Industry Analysis, Size, Share, Growth And Forecast | Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co. KG, Kögel Trailer GmbH & Co

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The global semi-trailer market report by the business research company identifies rising urbanization is expected to propel the growth of the semi-trailer to be a major growth driver for the semi-trailer market. Semi-trailers help in the transportation of goods and for carrying a large proportion of cargo, raw materials, and finished products, as a result, rising urbanization increases the demand for the semi-trailer market. For instance, according to The United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, the percentage of people living in cities rose to 56.2% by 2020. It is higher in wealthy countries are 51.6% than in developing ones which is 79.2% in 2020. Therefore rising urbanization is driving the semi-trailers market.

The global semi-trailer market size is expected to grow from $25.74 billion in 2021 to $26.94 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The semi-trailer market is expected to grow to $36.45 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%.

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North America was the largest region in the semi-trailer market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the semi-trailer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the semi-trailer market are Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co. KG, Kögel Trailer GmbH & Co.KG, Pitts Trailers, Utility Trailer Manufacturing Company, Hyundai Translead Inc., Premier Trailer Manufacturing Inc, Mac Trailer Manufacturing, RAC-Germany, SDC Trailers Ltd, Dennison Trailers, Karl Kässbohrer Fahrzeugwerke GmbH and Van Hool NV.

The global Semi-Trailer market is segmented -
1) By Type: Flatbed, Lowboy, Dry Van, Refrigerated, Tankers, Other Types
2) By Length: Up To 45 Feet, Above 45 Feet
3) By End-Use: Heavy Industry, FMCG, Chemical, Automotive, Oil And Gas, Healthcare, Logistics, Other End-Users

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The Semi-Trailer Market Report Contents Include
1. Executive Summary
2. Semi-Trailer Market Characteristics
3. Semi-Trailer Market Trends And Strategies
4. Semi-Trailer Market - Macro Economic Scenario
5. Semi-Trailer Market Size And Growth
....
27. Semi-Trailer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Semi-Trailer Market
29. Semi-Trailer Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Semi-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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