According to a new market research report published by Global Insight Services “Semi-Trailer Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A semi-trailer is a type of trailer that is attached to the back of a semi-truck. The semi-trailer is able to carry a large amount of weight because it is supported by the semi-truck. The semi-trailer is also able to be detached from the semi-truck, which is helpful when the trailer needs to be unloaded or when the truck needs to be used for other purposes.
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Key Market Players
- Great Dane LLC
- Wabash National Corporation
- Krone GmbH & Co. KG
- Utility Trailer Manufacturing Company
- China International Marine Containers (Group) Ltd.
- Schmitz Cargobull AG
Key Trends
There are a few key trends in semi-trailer technology that are worth mentioning. Firstly, there has been a shift towards using lighter materials in the construction of semi-trailers. This is primarily due to the fact that lighter trailers are more fuel-efficient, and thus can save operators a significant amount of money in fuel costs over the course of a year. Secondly, there has been an increase in the use of aerodynamic designs in semi-trailers. This is again due to the fact that aerodynamic trailers are more fuel-efficient, and can help to reduce the overall carbon footprint of a fleet. Finally, there has been a trend towards using more advanced technologies in the construction of semi-trailers. This includes the use of sensors and other electronic systems to improve the overall efficiency of the trailer.
Key Drivers
There are several key drivers of the semi-trailer market. First, the increasing demand for goods and materials transport has led to a need for more semi-trailers. Second, the rising cost of fuel has made semi-trailers more attractive to businesses and consumers alike. Third, the increasing availability of financing options has made semi-trailers more affordable. Finally, the improving economy has led to increased demand for semi-trailers.
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Key Market Segments
- By Vehicle Type
- Lowboy
- Flatbed
- Refrigerated
- Others
- By Tonnage
- Below 50 Tons
- 50-100 Tons
- More than 100 Tons
- By Foot Length
- Less than 45 Feet
- Greater than 45 Feet
- By End-Use Industry
- Oil & Gas
- Logistics
- Chemical
- Automotive
- Others
Reasons to buy Semi-Trailer Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
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