Press release
Global Trends Overview: The Rapid Evolution of the Trailer Market
Trailer Market
Projected Market Growth and Size of the Trailer Market by 2030
Analysts forecast the trailer market to reach a substantial $96.9 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.6%. This upward trend is supported by several important factors: the surge in freight movement powered by e-commerce growth, widespread adoption of smart trailer technologies, the expanding cold chain logistics sector, rising demand for fuel-efficient transport options, and increased investments in modernizing fleets. Key emerging trends expected to influence the market include a stronger preference for lightweight trailer designs, higher demand for refrigerated transport solutions, greater integration of telematics and tracking systems, growth in multi-axle high-capacity trailers, and an intensified focus on fuel economy.
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Leading Companies Driving the Trailer Market Forward
The trailer industry is home to numerous influential companies that play a pivotal role in market development. Prominent names include China International Marine Containers (Group) Ltd., Bernard Krone Holding SE & Co. KG, Wabash National Corporation, Schmitz Cargobull AG, EnTrans International LLC, 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, Kögel Trailer GmbH & Co. KG, Dennison Trailers Ltd., MANAC INC., Böckmann Fahrzeugwerke GmbH, and Ifor Williams Trailers Ltd.
Strategic Acquisition Enhances Market Presence
In a notable move to strengthen its national reach and manufacturing abilities, Liberty Trailers-a US-based company specializing in commercial-grade utility, equipment, car hauler, tilt, and dump trailers-acquired Summit Trailer Manufacturing Inc. in September 2025. Though the financial terms were undisclosed, this acquisition is expected to enhance Liberty Trailers' dealer network and production capacity. Summit Trailer Manufacturing, located in the Pacific Northwest, is known for high-quality trailers serving both professional and consumer markets, and will continue to operate alongside Liberty Trailers as an independent brand.
View the full trailer market report:
https://www.thebusinessresearchcompany.com/report/trailer-global-market-report
Innovations Setting the Trailer Market Apart
Trailer market leaders are focusing on cutting-edge products to fulfill evolving consumer demands. One example is the Lightship L1, introduced in March 2023 by US-based Lightship Energy, Inc. This self-propelled, fully electric travel trailer emphasizes superior aerodynamics and efficiency, designed not to reduce the range or performance of the tow vehicle-an important feature for electric vehicle users. The L1's architecture is three times more aerodynamic than standard travel trailers, incorporating an electric drivetrain with up to 80 kWh battery capacity, allowing it to move independently while minimizing range loss for the towing vehicle. It also includes all-electric amenities and modern comforts, along with a robust battery system capable of supplying off-grid power for up to a week without recharging.
Segment Breakdown and Market Forecast in the Trailer Industry
The global trailer market is analyzed through multiple segments to provide a detailed understanding:
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 Axles
3) By End-Use Industry: Paper and Paper Products, Pharmaceutical Drugs, Textile Products, Food and Groceries, Agriculture and Farm Products, Chemicals, Petroleum and Petroleum Products, Motor Vehicles and Parts, Metal and Minerals, Commercial Machinery, and Other Products
Further subcategories include:
- Dry Vans split into Standard Dry Vans and High Cube Dry Vans
- Refrigerated Trailers divided into Single Temperature and Multi-Temperature models
- Tank Trailers categorized as Liquid, Gas, and Specialized types
- Flatbed Trailers segmented into Standard, Extendable, and Drop Deck versions
- Lowboy Trailers divided between Fixed Gooseneck and Removable Gooseneck
- Other Trailers comprising Curtain Side Trailers, Car Carriers, and Horse Trailers
This segmentation offers a comprehensive view of the trailer market's diverse product offerings and their applications across various industries.
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