openPR Logo
Press release

Semi-Trailer Market Globally Expected to Drive Growth through 2027

08-31-2017 09:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Semi-Trailer Market Globally Expected to Drive Growth through

Globally, on-road freight is extensively utilized source of transportation despite factors such as high GHS (Green House Consumption) and fuel consumption. Heavy duty tractor-trailers are one amongst prominent used transport vehicles for movement of goods across the globe.

Rising fuel prices and strict environment regulations have increased the demand for advanced trailer technologies among fleet owners. Fleet owners are gradually moving towards owning lighter semi-trailers which improve fuel efficiency, reduce operating costs, enhance fleet safety and expand asset connectivity and mobile resource productivity. Owing to a multitude of advantages such as these, advanced trailer technologies including telematics and safety systems have been anticipated to witness a significant demand.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2874

Most of the manufacturers are shifting focus towards advanced chassis systems capable of handling extra weight. Furthermore, the semi-trailer market is also expected to receive a boost due to emission and fuel efficiency regulations in developed regions such as Europe and the U.S.

With the prevailing emission norms, end users are demanding innovative technologies at low prices. This trend is pushing fleet owners to extend the average life of semi-trailers, irrespective of their working condition; hence deferring them from purchasing new equipment. Attributing to these factors, there has been a decline in the demand for replacement. Fleet owners today seek advanced technology and equipment in line with the evolving demand for tractor trailers. Despite this, the freight transport industry and government have their commitment to ease traffic congestion and improve the road conditions for better transportation efficiency; therefore ensuring long term growth of the semi-trailer market.

Over the years, industries such as automotive, retail, construction logistics and trucking and others depend on the semi-trailer segment to transport their logistics. Semi-trailers are widely used in the retail and construction industry for daily transportation of goods and materials. Extensive popularity of the semi-trailer over the full trailer (with front and back axles) can be accredited to its efficient features, i.e. safe, and flexible scale of operations.

Recently,Finland based Ekeri developed a side opening design for a semi-trailer, which could save 30 minutes on each daily run. Similarly, Germany based Kässbohrer recently launched 18 new models of semi-trailers across four product groups in response to changing trends in the industry and to cater to the specific needs of their customers. Similarly, many manufacturers are innovating their semi-trailers so as to comply with stringent norms and maximize efficiency.

Semi-Trailer Market: Dynamics

There is an increase in demand from industries such as construction, retail, automotive and food & beverage to transport bulk material; which is, in turn, snowballing demand for the semi-trailer market. Based on current trends and anticipating future needs, manufacturers are seeking to reduce weight in semi-trailers. Prominent market players can use this as an opportunity to sustain their position in the semi-trailer market. Furthermore, burgeoning manufacturing activities in developing and developed regions are forecasted to foster the growth of the semi-trailer market in the future. However, pressure on manufacturers to maintain competitive pricing, along with the lack of proper infrastructure in emerging regions have been anticipated to restrain growth of the semi-trailer market.

Semi-Trailer Market: Segmentation

Broadly, the global semi-trailer market can be segmented by type into:

Lowboy

Flatbed

Refrigerated

Dry Van

Others

On the basis of tonnage, the global semi-trailer market can be segmented into:

100 tons

On the basis of number of axles, the global semi-trailer market can be segmented into:

4 axles

Semi-Trailer: Market Participants

Examples of some market participants in the global semi-trailer market identified across the value chain include:

Wabash National

Great Dane

Hebei Shunjie etc

Fahrzeugwerk Bernard Krone

Schmitz Cargobull

Liangshan Huayu

CIMC

Utility Trailer

Lamberet SAS

Sinotruk

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-2874

Others players include Hyundai Translead, Vanguard National Trailer Corp , Stoughton Trailers LLC, MANAC, Timpte Inc , MAC Trailer Manufacturing, Strick Corporation, Heil Trailer International, Co., Con-way Manufacturing, Polar Tank Trailer, Pitts Enterprises, East Manufacturing Company, Trail King Industries, Doepker Industries, Fontaine Trailer Company and Reitnouer Inc.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Semi-Trailer Market Globally Expected to Drive Growth through 2027 here

News-ID: 692762 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Trail

Trail Cameras Market: Competitive Dynamics & Global Outlook 2022
LP INFORMATION offers a latest published report on Trail Cameras Market Analysis and Forecast 2016-2022 delivering key insights and providing a competitive advantage to clients through a detailed report. The Global Trail Cameras market size will be XX million (USD) in 2022, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) of XX% from between 2016 and 2022. Click to view the full report TOC, figure
Global Trail Cameras Industry Market Analysis & Forecast
Global Trail Cameras Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between
Global Trail Running Shoes Market Research Report 2017
Trail Running Shoes Wiseguyreports.Com Adds “Trail Running Shoes Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Covered In This Report: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Trail Running Shoes in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan
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
A new bird trail in North Iceland
An old legend of the siblings gyrfalcon and ptarmigan, myriads of Brunnich's guillemots and puffins in black seacliffs, the melancholic cry of the great northern diver, wriggling groups of busy waders in their summerdresses, the magnificent dives of gannets and one of the greatest and most varied breeding grounds of ducks in the world. Those are examples of experiences bird watchers can expect on a new bird trail now being