Press release
Population Growth And Increasing Demand Catalysts For Growth In The Trailer Market: Key Factor Driving The Growth In The Trailer Market
Trailer
How Big Is the Trailer Market Size Expected to Be by 2034?
The size of the trailer market has seen robust growth lately. It is predicted to escalate from $63.65 billion in 2024 to $69.8 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.7%. The growth observed in the historical period is linked with factors such as the surge in freight transportation, manufacturing and industry growth, infrastructure evolution, expansion in global trade and the integration of supply chains.
Anticipations point towards a robust expansion of the trailer market size in the subsequent years, projecting to reach $96.48 billion by 2029 with a compound annual growth rate (CAGR) of 8.4%. The expected ascension during the forecast period can be credited to elements such as eco-conscious trailers, autonomous and interconnected trailers, safety and collision prevention measures, alternative energy sources, and the emergence of autonomous trucking and sophisticated aerodynamics. Leading trends during this forecast period encompass the incorporation of telematics and connectivity, use of lighter materials, cooled trailers, intelligent trailer technologies, aerodynamic formations, and customizations for specific applications.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2959
What Are the Emerging Segments Within the Trailer Market?
The trailer market covered in this report is segmented -
1) By Type: Dry Vans, Refrigerated Trailers, Tank Trailers, Flatbed Trailers, Lowboy Trailers, Other Trailers
2) By Axle Type: Single Axle, Tandem Axle, Three Or More Than Three Axle
3) By End-Use: Paper And Paper Products, Pharma Drugs, Textile Products, Food And Groceries, Agriculture And Farm Products, Chemicals, Petroleum And Petroleum Products, Motor Vehicle And Motor Vehicle Parts, Metal And Minerals, Commercial Machinery, Other Products
Subsegments:
1) By Dry Vans: Standard Dry Vans, High Cube Dry Vans
2) By Refrigerated Trailers: Single Temperature Refrigerated Trailers, Multi-Temperature Refrigerated Trailers
3) By Tank Trailers: Liquid Tank Trailers, Gas Tank Trailers, Specialized Tank Trailers
4) By Flatbed Trailers: Standard Flatbeds, Extendable Flatbeds, Drop Deck Flatbeds
5) By Lowboy Trailers: Fixed Gooseneck Lowboys, Removable Gooseneck Lowboys
6) By Other Trailers: Curtain Side Trailers, Car Carriers, Horse Trailers
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2959&type=smp
What Long-Term Drivers Are Shaping Trailer Market Trends?
As the worldwide population swells, projected to hit roughly 10 billion by 2050, it indirectly spurs growth in the trailer market. The need for food, vehicles, infrastructure, and transportation only escalates with such population booms. As stated by the American Trucking Association, which represents the US trucking industry, about 71% of the country's freight is transported by trucks, a statistic propelled by nationwide population increase. Anticipated population growth is likely to be the main driver bolstering transport demand, particularly in countries like India, Brazil, and those in Africa over the forecast period. Market companies are in turn projected to witness a surge in truck trailer demand, notably from manufacturers of consumer goods such as food, automobiles, clothing during the forecast period.
Who Are the Top Competitors in Key Trailer Market Segments?
Major companies operating in the trailer market include SAIC Hongyan Automotive Co. Ltd., Daimler Truck AG, Doggett Equipment Services Ltd., China International Marine Containers (Group) Ltd., Bernard Krone Holding SE & Co. KG, Wabash National Corporation, MAN SE, Miller Industries Inc., EnTrans International LLC, Schmitz Cargobull AG, Mac Trailer Manufacturing Inc., Heil Trailer International Co., Landoll Corporation, Trail King Industries Inc., Pitts Trailers, Doepker Industries Limited, Humbaur GmbH, Fontaine Trailer Company, East Manufacturing Company, Travis Body & Trailer Inc., Towmaster Trailers, Utility Trailer Manufacturing Company, Felling Trailers, Ledwell, Krone Trailer, Böckmann Fahrzeugwerke GmbH, Ifor Williams Trailers Ltd., Kögel Trailer GmbH & Co. KG, Dennison Trailers Ltd., MANAC INC.
What Trailer Market Trends Are Gaining Traction Across Different Segments?
The trailer industry is progressively adopting automation and sensor technology to enhance the productivity of dump trailers. These technological advancements provide truck drivers with the ability to effortlessly raise and lower the lift axes of dump trailers for seamless loading and unloading procedures. Sensors help decrease overloads on trailers with fixed axles, thus extending tyre lifespan by employing smart algorithms. Both Automation and sensor regulatory systems contribute significantly to cut operational expenses for transport companies. Leading firms in the industry, like East Manufacturing Company, are introducing auto-deployed lift axles and rear suspension dumps in trailers.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/trailer-global-market-report
Which Regions Are Becoming Hubs for Trailer Market Innovation?
Asia-Pacific was the largest region in the trailer market of the trailers market in 2024. North America was the second-largest region of the trailer market. The regions covered in the trailer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Trailer Market?
2. What is the CAGR expected in the Trailer Market?
3. What Are the Key Innovations Transforming the Trailer Industry?
4. Which Region Is Leading the Trailer Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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 Population Growth And Increasing Demand Catalysts For Growth In The Trailer Market: Key Factor Driving The Growth In The Trailer Market here
News-ID: 4017424 • Views: …
More Releases from The Business Research Company
Rising Smartphone Adoption Driving Growth in the Event App Market: Transformativ …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Event App Market Size By 2025?
The size of the event app market has seen significant expansion lately. It's anticipated to surge from $1624.13 billion in 2024 to $1858.97 billion in 2025, boasting a compound annual growth rate (CAGR) of 14.5%. Factors such as the…
2025-2034 Enterprise Server Market Outlook: Key Drivers, Emerging Challenges, an …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Enterprise Server Market Size By 2025?
The enterprise server market has seen a robust expansion in the past couple of years. The market, sitting at $114.48 billion in 2024, is predicted to surge to a substantial $125.64 billion by 2025, marking a compound annual growth…
Global Enterprise Collaboration Software Market Projected to Grow at 10.9% CAGR, …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Enterprise Collaboration Software Market Size By 2025?
The size of the market for enterprise collaboration software has experienced significant expansion in recent years, escalating from $63.85 billion in 2024 to a projected $70.46 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 10.4%.…
What Is The Leading Driver Behind Remote Work Drives Surge In Employee Onboardin …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Employee Onboarding Software Market Size By 2025?
The market size of employee onboarding software has exponentially expanded in the past few years. The market, which stood at $1.77 billion in 2024, is projected to rise to $2.11 billion in 2025, equating to a compound annual…
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…
