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Semi-Trailer Market

Global Semi-Trailer Market Size, Share, Growth, Forecast: By Type: Flat Bed, Dry Vans, Refrigerated, Lowboy, Tankers, Others; By Foot Length: Up to 45 Foot, Above 45 Foot; By Tonnage: Below 25 Ton, 25-50 Ton, 51-100 Ton, Above 100 Ton; By End-Use: Automotive, Chemical, Others; Regional Analysis; Competitive Landscape; 2024-2032

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 2024-2032.

 

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 Market 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.

 

Global Semi-Trailer Market

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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.

 

Global Semi-Trailer Market

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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    Opportunities and Challenges in the Market
8    Global Semi-Trailer Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Semi-Trailer Historical Market (2018-2023) 
    8.3    Global Semi-Trailer Market Forecast (2024-2032)
    8.4    Global Semi-Trailer Market by Type
        8.4.1    Flat Bed
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Dry Vans
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Refrigerated
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Lowboy
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Tankers
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Semi-Trailer Market by Foot Length 
        8.5.1    Up to 45 Foot
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Above 45 Foot
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Semi-Trailer Market by Tonnage
        8.6.1    Below 25 Ton
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    25-50 Ton
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    51-100 Ton
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Above 100 Ton
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
    8.7    Global Semi-Trailer Market by End-Use
        8.7.1    Automotive
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Chemical
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    FMCG
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Healthcare
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Heavy Industry
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Logistics
            8.7.6.1    Historical Trend (2018-2023)
            8.7.6.2    Forecast Trend (2024-2032)
        8.7.7    Oil and Gas
            8.7.7.1    Historical Trend (2018-2023)
            8.7.7.2    Forecast Trend (2024-2032)
        8.7.8    Others
    8.8    Global Semi-Trailer Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Semi-Trailer Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Semi-Trailer Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Semi-Trailer Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Semi-Trailer Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa  Semi-Trailer Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    East Manufacturing Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Hyundai Translead, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Schmitz Cargobull AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Wabash National Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Great Dane LLC
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Kögel Trailer GmbH & Co.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Semi-Trailer Market: Key Industry Highlights, 2018 and 2032
2.    Global Semi-Trailer Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Semi-Trailer Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Semi-Trailer Historical Market: Breakup by Foot Length (USD Million), 2018-2023
5.    Global Semi-Trailer Market Forecast: Breakup by Foot Length (USD Million), 2024-2032
6.    Global Semi-Trailer Historical Market: Breakup by Tonnage (USD Million), 2018-2023
7.    Global Semi-Trailer Market Forecast: Breakup by Tonnage (USD Million), 2024-2032
8.    Global Semi-Trailer Historical Market: Breakup by End-Use (USD Million), 2018-2023
9.    Global Semi-Trailer Market Forecast: Breakup by End-Use (USD Million), 2024-2032
10.    Global Semi-Trailer Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Semi-Trailer Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2024-2032.

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 2024-2032.

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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