Semi-Trailer Market, By Type (Dry Vans, Flat Bed Trailer, Refrigerated Trailers, Lowboy Trailers, Tankers, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
Semi-Trailer Market is estimated to be valued at USD 34.74 Bn in 2025 and is expected to reach USD 44.8 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.7% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 34.74 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
3.70%
2032 Value Projection:
USD 44.8 Bn
Trailers are light and easy to maneuver, allowing user to access tight spots or off-the-beaten paths that may be difficult for bigger vehicles to reach. They're also easier to set up than traditional RVs, and come with a wide range of features that improve safety and security while user travels. In the transportation industry, Semi-Trailers play a significant role in product transportation. The transport of goods is the basis of a nation's economy and society. With its comprehensive economic benefits, road transportation is becoming more and more important. This is why the development of semi-trailers is very important, improving the efficiency of product transportation.
Market Dynamics:
There is a high demand for cargo transport in the construction and mining industry and this is expected to propel growth of the global semi-trailer market over the forecast period. For instance, a trailer is required to carry drilling machines and blasting equipment from one mining site to another.
However, lack of independence from cargo capacity, and presence of local players in unorganized market is expected to hinder growth of the global semi-trailer market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global semi-trailer market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global semi-trailer market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Schmitz Cargobull, China International Marine Containers (Group) Ltd., Polar Tank Trailer, Llc (Entrans International, Llc Company), Fontaine Commercial Trailer, Inc., Lamberet Sas (Xinfei France Sa), Great Dane, Krone Commercial Vehicle Group (Bernard Krone Holding), and Kogel Trailer Gmbh & Co.Kg
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global semi-trailer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global semi-trailer market
Detailed Segmentation:
Global Semi-Trailer Market, By Type:
Dry Vans
Flat Bed Trailer
Refrigerated Trailers
Lowboy Trailers
Tankers
Others
Global Semi-Trailer Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Schmitz Cargobull
China International Marine Containers (Group) Ltd.
Polar Tank Trailer, Llc (Entrans International, Llc Company)
Fontaine Commercial Trailer, Inc.
Lamberet Sas (Xinfei France Sa)
Great Dane
Krone Commercial Vehicle Group (Bernard Krone Holding)
Kogel Trailer Gmbh & Co.Kg.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Improving infrastructure of road and traffic
Expansion of cold chain industry
Restraints
Presence of local players in unorganized sector
Certain rules and regulations around development of semi-trailers
Opportunities
Availability of custom built semi-trailers
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Semi-Trailer Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Semi-Trailer Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Dry Vans
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Flat Bed Trailer
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Refrigerated Trailers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Lowboy Trailers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Tankers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
6. Global Semi-Trailer Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2025 sand 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Bn)
7. Competitive Landscape
Schmitz Cargobull
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
China International Marine Containers (Group) Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Polar Tank Trailer Llc (Entrans International, Llc Company)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Fontaine Commercial Trailer, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Lamberet Sas (Xinfei France Sa)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Great Dane
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Krone Commercial Vehicle Group (Bernard Krone Holding)