Commercial Truck Trailer Market
Commercial Truck Trailer Market By Type (Flatbed, Lowboy, Refrigerated, Tankers, Dry Van), By Length (Less than 23 meters, More than 23 meters), By Weight Lifting Capacity (Less than 25 T, 25 T to 50 T, 51 T to 100 T, More than 100 T), By End-use Industry (Chemical, Automotive, Oil & Gas), - Global Review 2021 to 2031
Analysis of Commercial Truck Trailer Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Commercial Truck Trailer Forecast and CAGR
According to latest research by Fact.MR, commercial truck trailer is set to witness sustained growth during 2021-2031. With increase in demands for fresh and healthy food deliveries, cost reduction in road transportation modes and ease of transportation will increase demand for commercial trailers. Increase in logistic business, urbanization, manufacturing activities, need for effective transportation and widening rural area road networks shall provide incremental opportunities in the dynamic market.
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What are Driving Demand for Commercial Truck Trailer?
Rapid urbanization and bulging road transportation dependency shall increase construction activities and infrastructure in the developing countries like India which further cultivates demand for trailers in market. Most of developing countries where dependency on road transportation is prominent, which includes transportation of goods, fresh food products, and transportation of raw materials for manufacturing plants subsequently enriches commercial trucks potential and stimulated market growth.
According to Food and Agriculture Organization, nearly 40% of food products are wasted before they reach in market due to lack of temperature controlled transportation system. In food and beverage industry, most of the product requires temperature controlled transportation to sustain food health. Using refrigerated trailers in transportation will helps to reduce of food wastage and therefore will kindle down the line prominence of these commercial trucks.
As the middle-class economy is stabilizing, the demand for various cold chain goods is also increasing including dairy products, fruits, fish and fresh flowers along with pharmaceutical products which indeed drives the potential of market during long run forecast period.
COVID-19 Impact on Commercial Truck Trailer Market
COVID-19 pandemic has acted as major restraining factor on the commercial truck trailer market during financial year 2020 as of disturbed supply chain globally due to lockdowns imposed by governments of various regions. Transportation of goods across countries and manufacturing processes in varied industries had stopped because of absence of manpower in the factory areas. Also sales of new automobiles decreased significantly with declining consumer demands and contacting automobile global market.
Alike most of the manufacturers across different industries, commercial truck trailer manufacturers also suffered significant losses. For instance, one of the dominant manufacturers of commercial truck trailer in North America, has observed decrease in manufacturing output nearly 20% in 2020. At the end of financial year, relief was observed by commercial vehicles for transporting the necessary goods including raw materials, food, medical supplies and equipment which are required for sanitation and public protection somehow how stabilized the market.
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North America Commercial Truck Trailer Outlook
In North America, North American Free Trade Agreement (NAFTA) permits free trade across the, US and Canada, which leads to amplified transportation operations in these region. This is projected to create a push in cargo transportation because of increased consumer spending and business activities.
North America region contains largest agriculture activities, which uses trailers for transportation of raw material delivering to respective production industries. Along with agriculture industry surge, inland transportation, construction activities and developments in infrastructure are constantly increasing demand for trailers especially in commercial trailers segment.
The North American commercial truck trailer market is currently replacing its commercial truck trailer into technologically advanced commercial truck trailers to prosper the global potential. This result North American commercial truck trailer market to portray dominating hands in the global market, in terms of value, during the forecast period.
Europe Demand Outlook for Commercial Truck Trailer Market
Europe nearly accounts 2000 billion kilometre road network and constantly positioning its significance in the commercial truck trailer market. In this region, about 60% to 70% of transportation happens through roads. The e-commerce industry is swelling faster as compared to other regions for Europe and developments in the e-tailing sector has been witnessing well-organized retail spaces to foster global demand.
Constant growth projections have showcased evident changes in the European commercial trucks market and similar trends are likely to be witnessed during coming long run forecast period.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Who are the Key Manufacturers Commercial Truck Trailers?
Some of the leading manufacturers of commercial truck trailers include
- Doepker
- Felling
- Hyundai Translead
- Kentucky Trailer
- MAC Trailer
- Krone Trailer and Wabash National
- East Manufacturing
- Fontaine Trailer
- Fruehauf
- Heil Trailer
- Pitts Trailers and many others
prominent players.
Many leading manufacturing industries are concentrating on manufacturing advanced trailers carrying highest capacity to transport heavy products and induce lesser energy consumption. Players have strategized their presence globally and adding significant potential to keep market igniting.
Commercial Truck Trailer Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Key Segments
By Type
- Flatbed
- Steel Truck Tarp
- Lumber Tarp
- Flat front end
- boxed end
- Glass-Clear Tarp
- Smoke Tarp
- Lowboy
- Refrigerated
- Tankers
- Fuel and Petroleum
- Food Grade
- Chemical and Acid Tanks
- Dry Bulk
- Dry Van
- Others
By Length
- Less than 23 meters
- More than 23 meters
By Weight Lifting Capacity
- Less than 25 T
- 25 T to 50 T
- 51 T to 100 T
- More than 100 T
By End-use Industry
- Chemical
- Automotive
- Oil & Gas
- Healthcare
- Logistics
- Others
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. Length 6.3. Weight Lifting Capacity 6.4. End-Use Industry 7. Global Market Analysis and Forecast, By Type 7.1. Flatbed 7.2. Lowboy 7.3. Refrigerated 7.4. Tankers 7.5. Dry Van 7.6. Others 8. Global Market Analysis and Forecast, By Length 8.1. Less than 23 meters 8.2. More than 23 meters 9. Global Market Analysis and Forecast, By Weight Lifting Capacity 9.1. Less than 25 T 9.2. 25 T to 50 T 9.3. 51 T to 100 T 9.4. More than 100 T 10. Global Market Analysis and Forecast, By End-Use Industry 10.1. Chemical 10.2. Automotive 10.3. Oil & Gas 10.4. Healthcare 10.5. Logistics 10.6. Others 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Type, Length, Weight Lifting Capacity, and End-Use Industry for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Doepker 21.2. Felling 21.3. Hyundai Translead 21.4. Kentucky Trailer 21.5. MAC Trailer 21.6. Krone Trailer and Wabash National 21.7. East Manufacturing 21.8. Fontaine Trailer 21.9. Fruehauf 21.10. Heil Trailer 21.11. Pitts Trailers and many others
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Type
Table 03: Global Market US$ Mn Forecast by Length
Table 04: Global Market US$ Mn Forecast by Weight Lifting Capacity
Table 05: Global Market US$ Mn Forecast by End-Use Industry
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Type
Table 08: North America Market US$ Mn Forecast by Length
Table 09: North America Market US$ Mn Forecast by Weight Lifting Capacity
Table 10: North America Market US$ Mn Forecast by End-Use Industry
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Type
Table 13: Latin America Market US$ Mn Forecast by Length
Table 14: Latin America Market US$ Mn Forecast by Weight Lifting Capacity
Table 15: Latin America Market US$ Mn Forecast by End-Use Industry
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Type
Table 18: Western Europe Market US$ Mn Forecast by Length
Table 19: Western Europe Market US$ Mn Forecast by Weight Lifting Capacity
Table 20: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Type
Table 23: Eastern Europe Market US$ Mn Forecast by Length
Table 24: Eastern Europe Market US$ Mn Forecast by Weight Lifting Capacity
Table 25: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Type
Table 28: East Asia Market US$ Mn Forecast by Length
Table 29: East Asia Market US$ Mn Forecast by Weight Lifting Capacity
Table 30: East Asia Market US$ Mn Forecast by End-Use Industry
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Type
Table 33: South Asia & Pacific Market US$ Mn Forecast by Length
Table 34: South Asia & Pacific Market US$ Mn Forecast by Weight Lifting Capacity
Table 35: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Type
Table 38: MEA Market US$ Mn Forecast by Length
Table 39: MEA Market US$ Mn Forecast by Weight Lifting Capacity
Table 40: MEA Market US$ Mn Forecast by End-Use Industry
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Insights on import/export production,
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Length
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Weight Lifting Capacity
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
At what rate will Commercial Truck Trailer market grow from 2021 to 2031?
The Commercial Truck Trailer market is expected to grow at an 5.8% CAGR from 2021 to 2031.
What is the expected market value for the Commercial Truck Trailer market in 2031?
By 2031-end, Commercial Truck Trailer sales are likely to reach US$ 51.4 Billion.
Which are some leading players in the Commercial Truck Trailer market?
Doepker, Felling, Hyundai Translead, Kentucky Trailer, and MAC Trailer are some leading Commercial Truck Trailer market players.
Commercial Truck Trailer Market