openPR Logo
Press release

Modular Trailer Market In-Depth Analysis on Size, Cost Structure and Prominent Key Players -

09-30-2023 11:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Modular Trailer Market In-Depth Analysis on Size, Cost

Modular trailer is unpowered vehicle towed by a powered vehicle with the help of a hitch. The trailer consists of a series of special vehicles used in various industries for transportation of heavy and large cargos. The trailers are used in power stations, iron & steel, chemical, mining, and construction industries. Due to their lateral stability the trailers are used for mining. The trailers are controlled using computer software to create an axel line. According, to the industry requirements the trailer comes in two, three, four, five, and above axle models. The rise in infrastructure activities in developing countries act as an important growth driver for modular trailer. Thus, modular trailer market is expected to grow in energy, power, and construction industries. Also, rise in mining industries and changing use of wind energy to install more power generating equipment is predicted to enhance the market growth. The two-axle trailer have the highest demand and are available in wide range of sizes and weight carrying capacities, it is highly used for transportation of large equipment. Modular trailer is also used for transporting large bridge segments, concrete beans, construction machinery, house movement, etc. This rise in infrastructure activities is expected to drive growth of the modular trailer market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-toc-and-sample/12551

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Due to COVID-19 pandemic the government in all the countries-imposed lockdown and various other restrictions. Therefore, all the construction and mining activities were halted during the lockdown. Thus, the demand for transportation of goods and equipment was also disrupted. Since, the pandemic the economy of major countries fell down thus, a number of construction projects were stopped for an extended period of time. Also, due to travel restrictions goods were not able to be transported thus a lot of projects got delayed. Moreover, due to pandemic and lockdown there was unavailability of skilled labour for handling the trailers and drivers for truck has affected the market. Furthermore, the supply chain and production process of trailer has been slowed down for various industries. Modular trailer is an evolving sector, but its growth has been affected due to the pandemic.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/modular-trailer-market/purchase-options

๐“๐จ๐ฉ ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ
โ€ข Rise in heavy engineering, construction & mining, rise in freight transportation, and diversification of wind energy industry is expected to drive growth of the market.
โ€ข However, high maintenance cost and lack of skilled & qualified driver can hamper growth of the market.
โ€ข Rise of investment in infrastructure developments, rise in new technological advancements, and inclination towards developing countries to enhance customer base act as an opportunity for growth of the market.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ
๐‘๐ข๐ฌ๐ž ๐ข๐ง ๐ก๐ž๐š๐ฏ๐ฒ ๐ž๐ง๐ ๐ข๐ง๐ž๐ž๐ซ๐ข๐ง๐ , ๐œ๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง & ๐ฆ๐ข๐ง๐ข๐ง๐ 
Heavy engineering is estimated to be fast growing segment for modular trailer market. Large number of heavy engineering equipment such as steam generators, boilers, and others are transported via modular trailers. Also, trailer can transport already built sections to places where it is to be installed and shift equipment. For instance, in July 2019, TII SALES Transporter Industry International Sales GmbH & Co. KG, launched new Tiiger Smart Duty which is modular trailer having a capacity to lift loads to 240 tonnes on public road and industrial region. The trailer has 53-degree steering angle and hydraulic pendulum axle which make it lighter and resilient. It can carry construction machinery, concrete grinders, and others. The rise in construction and industrial activities is expected to drive growth of modular trailer market.

๐‡๐ข๐ ๐ก ๐ฆ๐š๐ข๐ง๐ญ๐ž๐ง๐š๐ง๐œ๐ž ๐œ๐จ๐ฌ๐ญ
The modular trailers are very costly and different trailer assembly is required for different purpose thus the investment cost it quite high. Also, the maintenance cost incurred for the trailers is very high. On an average, the productive life of a new trailer is about 15 years, if maintained appropriately. The cost of air ride suspension used in modular trailer is higher than conventional trailers. The maintenance cost increases when the suspension is used for three years and after. Thus, the high-cost act as a barrier for market growth.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/12551

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ข This study presents the analytical depiction of the modular trailer market along with the current trends and future estimations to determine the imminent investment pockets.
โ€ข The report presents information related to key drivers, restraints, and opportunities along with challenges of the modular trailer market.
โ€ข The current market is quantitatively analyzed to highlight the modular trailer market growth scenario.
โ€ข The report provides detailed modular trailer market analysis based on competitive intensity and how the competition will take shape in coming years.

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ฆ๐จ๐๐ฎ๐ฅ๐š๐ซ ๐ญ๐ซ๐š๐ข๐ฅ๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ข Which are the leading market players active in the modular trailer market?
โ€ข What would be the detailed impact of COVID-19 on the market?
โ€ข What current trends would influence the market in the next few years?
โ€ข What are the driving factors, restraints, and opportunities in the modular trailer market?
โ€ข What are the projections for the future that would help in taking further strategic steps?

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
Goldhofer, K-Line Trailers Ltd., Nootebook, Shandong Titan Vehicle Co. Ltd., Tidd Ross Todd Limited, Demarko Trailers, Hugelron Tech Co. Ltd., TII SALES Transporter Industry International Sales GmbH & Co. KG, Faymonville, VMT Industries

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Modular Trailer Market In-Depth Analysis on Size, Cost Structure and Prominent Key Players - here

News-ID: 3231574 • Views: โ€ฆ

More Releases from Allied Market Research

3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 2024-2031
3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 202 โ€ฆ
According to the report, the global 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, registering a CAGR of 12.8% from 2024 to 2031. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/3d-printing-filament-market-A11572 Key Growth Drivers: The growth of the 3D printing filament market is fueled by continuous advancements in filament materials-such as carbon fiber-reinforced composites, metal-infused filaments, and high-performance engineering plastics. These innovationsโ€ฆ
Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2031
Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2 โ€ฆ
According to a recent report by Allied Market Research (AMR), the global wet chemicals market is poised for substantial growth, projected to reach a value of $5.9 billion by 2031, up from $3.2 billion in 2021. This comprehensive analysis explores market dynamics, growth drivers, and strategic initiatives while highlighting key opportunities across regions and industry segments. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17425 The study delves into development trends, investment frameworks, andโ€ฆ
Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportunities
Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportuni โ€ฆ
A new report titled "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposables and Durables), Technology (Spunbond, Dry Laid, Air Laid, Wet Laid, Meltblown, and Others), and Application (Hygiene, Wipes, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" has been released by Allied Market Research. Key Highlights: - Market Size (2023): $58.4 Billion - Projectedโ€ฆ
Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Market Size, Share, and Emerging Trends through 2031
Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Mar โ€ฆ
According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.โ€ฆ

All 5 Releases


More Releases for Modular

Prominent Modular Kitchen Market Trend for 2025: Advancements In Modular Kitchen โ€ฆ
What industry-specific factors are fueling the growth of the modular kitchen market? The significant surge in the residential construction industry has a considerable impact on the expansion of the modular kitchen market. The rising number of property projects and the escalating demand for compact homes are boosting the growth of the modular kitchen market. For instance, the Office for National Statistics, a UK government agency, reported in November 2023 that theโ€ฆ
Multifamily Modular Construction Market Demand Makes Room for New Growth Story: โ€ฆ
Latest Study on Industrial Growth of Global Multifamily Modular Construction Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Multifamily Modular Construction market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of theโ€ฆ
Modular Systems Installation Services Market Implications for Biotechnology 2023 โ€ฆ
Modular Systems Installation Services Market Research Report Provides the Newest Industry Data and Industry Future Trends, allowing you to Identify the Products and End Users Driving Revenue Growth and Profitability. The Modular Systems Installation Services Market is expected to reach USD 139.03 billion by 2029, up from 82.3 billion in 2022, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Modular systems installation services refer to theโ€ฆ
Multifamily Modular Construction Market by Manufacturers: Guerdon Modular Buildi โ€ฆ
Multifamily Modular Construction Market research report includes the competitive landscape that involves leading companies and adopting strategies to introduce new products, announce partnerships, and collaborate to contribute to market growth. Moreover, the report elaborates on numerous customers' journeys related to this industry, regions, and segments. The Multifamily Modular Construction Market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. Request a Free PDFโ€ฆ
Multifamily Modular Construction market: Analysts Predict Market to Reach New He โ€ฆ
" The global Multifamily Modular Construction Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Multifamily Modular Construction Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities ofโ€ฆ
Multifamily Modular Construction Market 2020-2026 | In Depth Analysis with Top K โ€ฆ
The research report on the Multifamily Modular Construction Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts haveโ€ฆ