The Automotive Trailer Market Size Accrue to USD 30.8 Billion by 2031

According to the report published by Allied Market Research, The Automotive Trailer Market Size Accrue to USD 30.8 Billion by 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Expansion of logistics industry, rise in cold chain transportation, and extra carriage capacity of trailers have boosted the growth of the global automotive trailer market. The market across Asia-Pacific held the lion's share in 2021, accounting for more than half of the market. The Covid-19 pandemic negatively impacted the market due to commute restrictions and weak financial performance of market players.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 245 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/1710

The global automotive trailer market was valued at $21.1 billion in 2021, and is projected to reach $30.8 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031.

The global automotive trailer market is segmented on the basis of trailer type, axle type, vehicle type, and region. By trailer type, the market is categorized into dry van & box trailers, flatbed, trippers, chemical & liquid refrigerated trailers, and others. By axle type, it is bifurcated into single axle, tandem axle and three or more than three axles. By vehicle type, it is classified into two-wheelers & bikes, passenger cars, and commercial vehicles. Region wise, this market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐬𝐮𝐦𝐦𝐚𝐫𝐲 𝐚𝐭 : https://www.alliedmarketresearch.com/automotive-trailer-market

Based on vehicle type, the commercial vehicle segment held the largest share in 2021, accounting for more than four-fifths of the market. However, the two-wheeler and bike segment are estimated to register the highest CAGR of 6.7% during the forecast period.

On the basis of trailer type, the dry van and box segment dominated the market in terms of revenue in 2021, accounting for around one-third of the market. However, the others segment is estimated to register the highest CAGR of 6.8% from 2021 to 2031.

Based on axle type, the tandem axle segment held the largest share in 2021, accounting for nearly two-fifths of the market. However, the three or more than three axle segment is projected to manifest the highest CAGR of 4.9% during the forecast period.

𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 𝐭𝐨 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/1710

The global automotive trailer market is analyzed across several regions such as North America, LAMEA, Asia-Pacific, and Europe. The market across Asia-Pacific held the lion's share in 2021, accounting for more than half of the market. However, the market across LAMEA is expected to register the highest CAGR of 5.9% from 2022 to 2031.

The global automotive trailer market report includes an in-depth analysis of the prime market players such as Böckmann Fahrzeugwerke GmbH, China International Marine Containers (Group) Co., Ltd., Dennison Trailers Ltd., Great Dane, Humbaur GmbH, Hyundai Motor Group (HYUNDAI Translead, Inc.), Ifor Williams Trailers Ltd., Schmitz Cargobull, Utility Trailer Manufacturing Company and Wabash National Corporation.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/1710

𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨

● The Covid-19 pandemic negatively impacted the market due to commute restrictions and weak financial performance of market players.

● The economic impact of the pandemic hampered the market players. However, some market players witnessed increase in unit sales of trailers. This trend is expected to continue post-pandemic.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 (245 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/automotive-trailer-market/purchase-options

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