Press release
Global Modular Trailer Market to Reach $10.23 Billion by 2029, Growing at 5.6% CAGR
Modular Trailer
Increasing freight transportation activity is expected to stimulate the modular trailer market. Freight transport is on the rise, driven by global trade and e-commerce, which increases the need for goods transportation. Modular trailers are adaptable for use across various transport modes, ensuring efficient movement of goods. In July 2023, Eurostat reported a 6.5% increase in European road freight transport in 2021, with international transport growing by 1.0% in 2022. This growth in freight transportation is likely to continue driving demand for modular trailers.
Get Your Modular Trailer Market Report Here:
https://www.thebusinessresearchcompany.com/report/modular-trailer-global-market-report
How will the growth rate of the modular trailer market shape industry trends by 2034?
The modular trailer market has grown strongly, rising from $7.76 billion in 2024 to $8.22 billion in 2025 at a CAGR of 5.9%. Growth is attributed to government regulations, incentives and subsidies, improvements in charging infrastructure, and lower operating costs.
The modular trailer market will reach $10.23 billion in 2029 at a CAGR of 5.6%, fueled by rising urbanization, infrastructure development, and freight transportation demand. Trends include electrification, urban logistics growth, charging infrastructure expansion, and improved vehicle efficiency.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16739&type=smp
What trends are poised to drive the future success of the modular trailer market?
Companies in the modular trailer market are focusing on creating advanced, modular designs that can be connected and configured based on specific load requirements. Modular trailers are designed with interchangeable units that offer flexibility, scalability, and efficiency for transporting oversized loads. For example, in July 2022, Faymonville Group, a Belgium-based trailer manufacturer, launched the ModulMAX AP-M Modular Trailer. This innovative trailer can be operated in both assist mode and self-propelled mode, offering seamless interoperability with other trailer brands and common equipment.
Which primary segments of the modular trailer market are driving growth and industry transformations?
The modular trailer market covered in this report is segmented -
1) By Type: Multi-Axle, Telescopic Or Extendable, Lowboy Trailer
2) By Axles: 2 Axles, Greater-than (>) 2 Axles
3) By Application: Construction And Infrastructure, Mining, Wind And Energy, Heavy Engineering
Subsegments:
1) By Multi-Axle: 2-Axle Modular Trailers, 3-Axle Modular Trailers, 4-Axle Modular Trailers, 5-Axle Modular Trailers, 6-Axle Modular Trailers, Heavy-Duty Multi-Axle Trailers, Modular Trailers With Steering Axles, Self-Propelled Modular Trailers (SPMT)
2) By Telescopic Or Extendable: Hydraulic Extendable Trailers, Mechanically Extendable Trailers, Telescopic Flatbed Trailers, Telescopic Lowboy Trailers, Extendable Multi-Axle Trailers, Long Load Carrying Extendable Trailers, Extendable Platform Trailers, Extendable Modular Trailers For Over-Dimensional Cargo
3) By Lowboy Trailer: Standard Lowboy Trailers, Hydraulic Lowboy Trailers, Dual-Lowboy Trailers, Removable Gooseneck Lowboy Trailers, Fixed Gooseneck Lowboy Trailers, Tri-Axle Lowboy Trailers, Quad-Axle Lowboy Trailers, Extendable Lowboy Trailers, Heavy-Duty Lowboy Trailers For Large Equipment, Specialized Lowboy Trailers For Construction And Mining
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16739
Which regions are key players in the growth of the modular trailer market?
North America was the largest region in the modular trailer market in 2024. The regions covered in the modular trailer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the modular trailer market landscape?
Major companies operating in the modular trailer market are Dorsey Trailer, MAC Trailer, Maxitrans Industries Limited, Manac Inc., Goldhofer AG, Trail King Industries, Fontaine Heavy-Haul, XL Specialized Trailers, Faymonville, Broshuis B.V., Reitnouer Inc., Talbert Manufacturing, Cometto S.p.A., Kalyn Siebert, Nicolas Industrie, Load King LLC, Scheuerle Fahrzeugfabrik GmbH, Transcraft Corporation, Witzco Challenger Trailers Inc., Nooteboom Trailers B.V., Kässbohrer Fahrzeugwerke GmbH, Rogers Brothers Corporation, TII Group, Concordia, Doonan Specialized Trailers LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16739&type=smp
What Is Covered In The Modular Trailer Global Market Report?
•Market Size Forecast: Examine the modular trailer market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the modular trailer market for a structured understanding.
•Key Players Overview: Analyze major players in the modular trailer market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the modular trailer market.
•Segment Contributions: Evaluate how different segments drive overall growth in the modular trailer market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the modular trailer market.
•Industry Challenges: Identify potential risks and obstacles affecting the modular trailer market.
•Competitive Landscape: Review strategic developments in the modular trailer market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Modular Trailer Market to Reach $10.23 Billion by 2029, Growing at 5.6% CAGR here
News-ID: 3926513 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Trail
Hunting and Trail Cameras Market
Hunting and Trail Cameras Market Overview
This report mainly focuses on hunting and trail cameras market. A trail camera is a popular gadget for anyone who enjoys hunting, wildlife, nature and generally spending time outdoors. These cameras allow hunters and nature enthusiasts to capture images and track wildlife in the outdoors with minimal disruption to their natural activities.
This report provides a deep insight into the global Hunting and Trail Cameras market…
Is removing the QuickBooks Audit trail warranted?
Kingston April 12, 2023: The QuickBooks Audit trail feature takes the form of a report. It is referred to as the Activity Log for QuickBooks Online program users. It shows each transaction that has been made, along with any modifications, deletions or additions that affect transactions.
The report demonstrates any changes that have been made to the transaction type, date, amount, price, quantity, account, vendor name and…
Eliminating the QuickBooks Audit trail
Kingston, March 2, 2023: An audit trail is a sequence of recorded computer events that involves any activity around the operating system, applications or user actions. One computer can have several audit trails that each serve a different purpose.
Audit trails (or audit logs) act as record-keepers that document evidence of certain events, procedures or operations, so their purpose is to reduce fraud, material errors, and unauthorized use. The feature…
Chattanooga Blogger hosts Christmas Selife Trail
Local Chattanooga blogger describes herself as the "Scenic City Hype Girl". She has made it her full-time job not only to hype up the city of Chattanooga from a tourism perspective but to use her unique skillset to create a community with small business owners and locals in the city.
For her first hosted event she created a Christmas Selfie Trail with a different selfie scene set up at Barley Chattanooga…
The Diabetic Food Trail
Enjoy food!! Serving people with diabetes. Hotel Marine Plaza brings to you a special menu for “The Diabetic Food Trail® at The Bayview ongoing till 30th November 2016.
Keeping in mind all the nutritional value that has been determined by an independent registered dietician. Our Executive Chef, Kshitiz Shekhar has designed a special a la carte menu for this Food Trail.
The menu includes soups like Minestrone A la Genovese & Chicken…
On the trail of trends
ZOW trend scout Lidewij Edelkoort presents her projections for the future to suppliers
[Frankfurt am Main, November 19, 2014] Around thirty decision-makers from the supply industry were provided with an exclusive insight into the future of the furniture sector on 12th November: As part of the trend forecast seminar in Frankfurt am Main, trend scout Lidewij Edelkoort presented some initial findings of her trend research to suppliers and designers, which…
