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Global Semi-Trailer Market: By Type: Flat Bed, Dry Vans, Refrigerated, Lowboy, Tankers, Others; By Foot Length: Up to 45 Foot, Above 45 Foot; By Tonnage; By End-Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics, SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Semi-Trailer Market Outlook

The global semi-trailer market is expected to grow at a CAGR of 5.6% during the forecast period of 2022-2027.

 

Rising Use of Road Transportation for Cargo Movement is Propelling the Market Growth of Semi-Trailers

The growth in the global market for semi-trailers can be associated with the rise and development of the logistics sector for several applications in the recent years. A vast majority of products from the food and beverage, construction, and automotive, among other industries, use road and trailer transportation for the movement of their products owing to flexibility and versatility, making semi-trailer trucks one of the most popular types of trucks used in logistics. This is a significant factor stimulating the growth of the market.

 

Global Semi-Trailer Market

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In addition to this, the boom of the e-commerce has had a direct and positive influence over the market growth of semi-trailers as most of the cargo is transported using roadways. Different types of semi-trailer trucks like flat bed, dry vans, refrigerators, and tankers are being readily employed by different online retailers depending upon the product to be transported. These are some of the factors contributing to the market growth of semi-trailers.

 

Semi-Trailer: Industry Definition and Segmentation

A semi-trailer is usually defined as a trailer without a front axle. A large proportion of its weight is handled by a road tractor unit and are usually used for carrying larger loads due to its long cargo bed structure.

On the basis of type, the market can be divided into:

  • Flat Bed
  • Dry Vans
  • Refrigerated
  • Lowboy
  • Tankers
  • Others

The market, based on foot length, can be segmented into:

  • Up to 45 Foot
  • Above 45 Foot

Based on tonnage, the market can be divided into:

  • Below 25 Ton
  • 25-50 Ton
  • 51-100 Ton
  • Above 100 Ton

On the basis of end-use, the market can be categorised into:

  • Automotive
  • Chemical
  • FMCG
  • Healthcare
  • Heavy Industry
  • Logistics
  • Oil and Gas
  • Others

The EMR report looks into the regional markets of semi-trailer like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Refrigerated Semi-Trailers are Expected to Hold a Significant Share in the Overall Growth of the Market

The refrigerated semi-trailer segment is expected to hold a significant share in the overall market growth of the semi-trailer industry. This can be associated with the rising popularity of refrigerated trucks equipped with features that allow the user to control the inner temperature to transport perishable goods like agricultural products, pharmaceutical products, and food items like fruits, vegetables, and dairy products, among others. In line with this, the growing preference for FMCG products, poultry, several cold chain goods, fresh flowers, fruits and vegetables are augmenting the growth of the market. In addition to this, rising awareness and preference for healthier and fresh products is another reason for the growth of the market. Thus, the growing cold chain industry across the world is surging the demand for refrigerated semi-trailer trucks and hence invigorating the market growth.

The overall market, however, witnessed a restrained growth during the COVID-19 pandemic with restrictions on cargo movement and limited production of semi-trailers during the lockdown period. Nevertheless, with changing lifestyles, inflating disposable incomes, urbanisation, and the growing logistics industry, the growing inclination towards home delivered products is positively influencing the market growth of semi-trailers.

 

Key Industry Players in the Global Semi-Trailer Market

The report presents a detailed analysis of the following key players in the global semi-trailer market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • East Manufacturing Corporation
  • Hyundai Translead, Inc.
  • Schmitz Cargobull AG
  • Wabash National Corporation
  • Great Dane LLC
  • Kögel Trailer GmbH & Co.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Type, Foot Length, Tonnage, End-Use, Region
Breakup by Type Flat Bed, Dry Vans, Refrigerated, Lowboy, Tankers, Others
Breakup by Foot Length  Up to 45 Foot, Above 45 Foot
Breakup by Tonnage Below 25 Ton, 25-50 Ton, 51-100 Ton, Above 100 Ton
Breakup by End-Use Automotive, Chemical, FMCG, Healthcare, Heavy Industry, Logistics, Oil and Gas, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered East Manufacturing Corporation, Hyundai Translead, Inc., Schmitz Cargobull AG,
Wabash National Corporation, Great Dane LLC, Kögel Trailer GmbH & Co., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Semi-Trailer Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Semi-Trailer Historical Market (2017-2021) 
    8.3    Global Semi-Trailer Market Forecast (2022-2027)
    8.4    Global Semi-Trailer Market by Type
        8.4.1    Flat Bed
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Dry Vans
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Refrigerated
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Lowboy
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Tankers
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Others
    8.5    Global Semi-Trailer Market by Foot Length 
        8.5.1    Up to 45 Foot
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Above 45 Foot
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Semi-Trailer Market by Tonnage
        8.6.1    Below 25 Ton
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    25-50 Ton
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    51-100 Ton
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Above 100 Ton
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
    8.7    Global Semi-Trailer Market by End-Use
        8.7.1    Automotive
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Chemical
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    FMCG
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Heavy Industry
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021)
            8.7.5.3    Forecast Trend (2022-2027)
        8.7.6    Logistics
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2017-2021)
            8.7.6.3    Forecast Trend (2022-2027)
        8.7.7    Oil and Gas
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2017-2021)
            8.7.7.3    Forecast Trend (2022-2027)
        8.7.8    Others
    8.8    Global Semi-Trailer Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    East Manufacturing Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Hyundai Translead, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Schmitz Cargobull AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Wabash National Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Great Dane LLC
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Kögel Trailer GmbH & Co.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Semi-Trailer Market: Key Industry Highlights, 2017 and 2027
2.    Global Semi-Trailer Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Semi-Trailer Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Semi-Trailer Historical Market: Breakup by Foot Length (USD Million), 2017-2021
5.    Global Semi-Trailer Market Forecast: Breakup by Foot Length (USD Million), 2022-2027
6.    Global Semi-Trailer Historical Market: Breakup by Tonnage (USD Million), 2017-2021
7.    Global Semi-Trailer Market Forecast: Breakup by Tonnage (USD Million), 2022-2027
8.    Global Semi-Trailer Historical Market: Breakup by End-Use (USD Million), 2017-2021
9.    Global Semi-Trailer Market Forecast: Breakup by End-Use (USD Million), 2022-2027
10.    Global Semi-Trailer Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Semi-Trailer Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Semi-Trailer Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Semi-Trailer Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Semi-Trailer Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global Semi-Trailer Market Structure

Key Questions Answered in the Report

The global semi-trailer market is projected to grow at a CAGR of 5.6% in the forecast period of 2022-2027.

The market is being driven by the rising preference for home delivered food products, the boom of e-commerce, and the availability of different types of semi-trailers for different products.

The market is anticipated to be determined by the rising use of refrigerated semi-trailers for the delivery of perishable products.

The major regional markets for semi-trailer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The different types of semi-trailers are flat bed, dry vans, refrigerated, lowboy, and tankers, among others.

The major foot lengths of semi-trailers are up to 45 foot, and above 45 foot.

The various tonnages of semi-trailers are below 25 ton, 25-50 ton, 51-100 ton, and above 100 ton.

The significant end-uses of semi-trailer are automotive, chemical, FMCG, healthcare, heavy industry, logistics, and oil and gas, among others.

The major players in the industry are East Manufacturing Corporation, Hyundai Translead, Inc., Schmitz Cargobull AG, Wabash National Corporation, Great Dane LLC, and Kögel Trailer GmbH & Co., among others.

Analyst Review

The global semi-trailer market is driven by the rising preference for home delivered products. Aided by the boom of e-commerce, the market is expected to grow at a CAGR of 5.6% in the forecast period of 2022-2027.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the market can be divided into flat beds, dry vans, refrigerated, lowboy, and tankers, among others. The market, based on foot length, can be divided into up to 45 foot, and above 45 foot. On the basis of tonnages, the market can be categorised into below 25 ton, 25-50 ton, 51-100 ton, and above 100 ton. The market, based on end-use, can be classified into automotive, chemical, FMCG, healthcare, heavy industry, logistics, and oil and gas, among others . The major regional markets for semi-trailer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are East Manufacturing Corporation, Hyundai Translead, Inc., Schmitz Cargobull AG, Wabash National Corporation, Great Dane LLC, and Kögel Trailer GmbH & Co., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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