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Semi-trailer Market Size - By Product (Flatbed, Dry Vans, Refrigerated, Lowboy, Tankers), Length (Up To 40 Feet, above 40 Feet), Tonnage (Up To 50 Tons, 51-100 Tons, above 100 Tons), Number of Axles, End User & Global Forecast, 2024 - 2032
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Doonan Specialized Trailer, LLC
East Manufacturing Corporation
Fontaine Trailer Company
Great Dane Trailers
Hyundai Translead
Kassbohrer Fahrzeugwerke GmbH
Krone Commercial Vehicle Group
Lode King Industries
MAC Trailer Manufacturing
Manac Inc.
Pitts Trailers
Schmitz Cargobull AG
Stoughton Trailers, LLC
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Transcraft Corporation
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XL Specialized Trailers
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Global Semi-trailer Market will register a 6% CAGR from 2024 to 2032, fueled by increasing global trade, logistics activities, and advancements in trailer technology. As international commerce expands, there's a heightened demand for efficient transportation solutions to move goods across vast distances. Additionally, innovations in trailer technology, including lightweight materials and aerodynamic designs, enhance fuel efficiency and operational performance. With the rise of e-commerce and the need for streamlined supply chain logistics, the semi-trailer industry will experience significant expansion to meet the evolving demands of the modern transportation industry.
For instance, in February 2023, Olivo Implementos Rodoviarios introduced the double box tipper semi-trailer, featuring side and rear tipper bodies, offering enhanced versatility for various transportation needs. This launch reinforces the semi-trailer market by introducing a more efficient and higher-capacity option catering to diverse transportation needs.
The semi-trailer industry is segmented based on product, tonnage, and region.
The flatbed trailer segment will achieve a notable market share by 2032, driven by its versatility and suitability for transporting a wide range of cargo, including machinery, construction materials, and oversized goods. Flatbed trailers offer easy loading and unloading capabilities, making them preferred for industries such as construction, logistics, and manufacturing. Additionally, their adaptability to various road and weather conditions further enhances their appeal. As the demand for efficient and flexible transportation solutions grows, the flatbed trailer segment will maintain its significant market share.
The 51-100 ton segment will gain a noteworthy market share between 2024 and 2032, attributed to the increasing demand for heavy-duty transportation solutions to accommodate large-scale industrial activities such as construction, mining, and infrastructure development. Semi-trailers within this weight range offer the necessary capacity and robustness to haul heavy loads efficiently. Moreover, with the expansion of global trade and logistics operations, there's a growing need for trailers capable of transporting substantial cargo volumes. As a result, the 51-100-ton segment will maintain its prominence in the semi-trailer market.
North America will grow at a significant CAGR from 2024 to 2032, propelled by a robust transportation industry, significant investments in infrastructure, and a thriving logistics sector. Additionally, the region's vast network of highways and extensive trade activities contribute to the high demand for semi-trailers. Moreover, technological advancements in trailer manufacturing and a growing emphasis on efficiency and sustainability will further bolster North America's position as the primary contributor to the semi-trailer industry.
Table of Contents
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Semi-trailer market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.2.1 Total addressable market (TAM), 2024 - 2032
2.3 Regional trends
2.4 Product trends
2.5 Length trends
2.6 Tonnage trends
2.7 Number of axles trends
2.8 End user trends
Chapter 3 Semi-Trailer Industry Insights
3.1 Industry ecosystem analysis
3.2 Suppliers landscape
3.2.1 Component supplier
3.2.2 Manufacturer
3.2.3 Distribution channel
3.2.4 End users
3.3 Technology & innovation landscape
3.4 Profit margin
3.5 Patent analysis
3.6 Key news and initiatives
3.6.1 Partnership/collaboration
3.6.2 Merger/acquisition
3.6.3 Investment
3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Economic growth and trade expansion
3.8.1.2 Growth of e-commerce
3.8.1.3 Integration of advanced technologies, such as telematics and IoT
3.8.1.4 Rising investments in transportation infrastructure
3.8.2 Industry pitfalls & challenges
3.8.2.1 Fluctuations in fuel prices
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
4.3.1 China International Marine Containers (CIMC)
4.3.2 Hyundai Translead
4.3.3 Schmitz Cargobull AG
4.3.4 Stoughton Trailers, LLC
4.3.5 Strick Trailers, LLC
4.3.6 Utility Trailer Manufacturing Company (UTM)
4.3.7 Wabash National Corporation (WNC)
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023
Chapter 5 Semi-Trailer Market Estimates & Forecast, By Product (USD Million & Units)
5.1 Key trends, by product
5.2 Flatbed trailer
5.3 Dry vans
5.4 Refrigerated trailer
5.5 Lowboy trailer
5.6 Tankers
5.7 Others
Chapter 6 Semi-Trailer Market Estimates & Forecast, By Length (USD Million & Units)
6.1 Key trends, by length
6.2 Up to 40 feet
6.3 Above 40 feet
Chapter 7 Semi-Trailer Market Estimates & Forecast, By Tonnage (USD Million & Units)
7.1 Key trends, by tonnage
7.2 Up to 50 tons
7.3 51-100 tons
7.4 Above 100 tons
Chapter 8 Semi-Trailer Market Estimates & Forecast, By Number of Axles (USD Million & Units)
8.1 Key trends, by number of axles
8.2 < 3 axles
8.3 3-4 axles
8.4 4 axles
Chapter 9 Semi-Trailer Market Estimates & Forecast, By End User (USD Million & Units)
9.1 Key trends, by end user
9.2 Freight & logistics
9.3 Construction & heavy equipment
9.4 Food & beverage
9.5 Chemical
9.6 Energy
9.7 Others
Chapter 10 Semi-trailer Market Estimates & Forecast, By Region (USD Million & Units)
10.1 Key trends, by region
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Nordics
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Australia
10.4.5 South Korea
10.4.6 Southeast Asia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
11.1 CIMC (China International Marine Containers)
11.2 Doonan Specialized Trailer, LLC
11.3 East Manufacturing Corporation
11.4 Fontaine Trailer Company
11.5 Great Dane Trailers
11.6 Hyundai Translead
11.7 Kassbohrer Fahrzeugwerke GmbH
11.8 Krone Commercial Vehicle Group
11.9 Lode King Industries
11.10 MAC Trailer Manufacturing
11.11 Manac Inc.
11.12 Pitts Trailers
11.13 Schmitz Cargobull AG
11.14 Stoughton Trailers, LLC
11.15 Strick Trailers, LLC
11.16 Transcraft Corporation
11.17 Utility Trailer Manufacturing Company
11.18 Vanguard National Trailer Corp.
11.19 Wabash National Corporation
11.20 XL Specialized Trailers
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