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Semi Trailer Market Size, Share, Growth | Report 2031
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Semi Trailer Market Size, Share, Growth | Report 2031

Segments - Global Semi-trailer Market by Types (Flatbed Trailer, Dry Vans, Refrigerated Trailers, Lowboy Trailers, and Tankers), Tonnage Types (Below 25 Tons, 25-50 Tons, 51-100 Tons, above 100 Tons), Length (Up to 45 feet and Above 45feet), End-users (Heavy Industry, Automotive, Chemical, FMCG, Logistics, Construction, Medical, Food and Beverage, Oil and Gas, and Textile), and Regions (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Forecast 2021-2028

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Author : Raksha Sharma
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Editor : Swapnil Hedau

Upcoming | Report ID :EP-4267 | 4.4 Rating | 81 Reviews | 215 Pages | Format : PDF Excel PPT

Report Description


The global semi-trailer market is estimated to reach USD 45.44 billion by 2028 and is expected to expand at a CAGR of 5.5% during the forecast period, between 2021 and 2028. A semi-trailer is a type of a trailer that doesn't have any shaft, and the blend of at least one trailer that is utilized to convey carriage is called a semi-trailer. These semi-trailers are comprehensively utilized in businesses such as construction development, oil & gas, and food & beverage.

Global Semi Trailer Market Outlook

  • The expansion in the ubiquity of semi-trailers over full trailers across the globe and the preference for semi-trailers attributable to its unwavering quality and security are major factors positively impacting the development of the semi-trailer market.
  • High development in retail, modern, and energy fabricating area and an ascent in the modern result are expected to aid in the development of the semi-trailer market.
  • The low TCO and support cost can create challenges for the development of the semi-trailer market.
  • The utilization of cutting-edge innovations and quick change in the tendency of armada administrators to embrace semi-trailers due to their different advantages, for example, functionalities and effectiveness are projected to offer lucrative opportunities for the market.

  • The extension of the cold chain industry and utilization of semi-trailer platooning are driving the semi-trailer market growth. 

Scope of Semi-trailer Market Report

The report on the semi-trailer market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Semi-trailer Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Flatbed Trailer, Dry Vans, Refrigerated Trailers, Lowboy Trailers, and Tankers), Tonnage Types (Below 25 Tons, 25-50 Tons, 51-100 Tons, above 100 Tons), Length (Up to 45 feet and Above 45feet), End-users (Heavy Industry, Automotive, Chemical, FMCG, Logistics, Construction, Medical, Food and Beverage, Oil and Gas, and Textile)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

China International Marine Containers (Group) Ltd., Fontaine Commercial Trailer, Inc., Great Dane, Kogel Trailer GmbH & Co.KG, Krone Commercial Vehicle Group, Lamberet SAS, Polar Tank Trailer, LLC, Schmitz Cargobull, Utility Trailer Manufacturing Company, Wabash National Corporation, HYUNDAI TRANSLATED

Semi-trailer Market Segment Insights

Dry Vans Segment to Account a Large Market Share

Based on types, the market can be segmented into flatbed trailer, dry vans, refrigerated trailers, lowboy trailers, and tankers. The dry vans segment represented more than 35% market share in 2020 and is expected to grow at a steady rate in the coming years. Dry vans are used to move cargo that requires ostensible security against street and environmental conditions. These trailers are utilized for their expense productivity and adaptability. The flatbed trailer segment accounted for a significant volume share in 2020 and is anticipated to expand at a CAGR of 6.4% during the forecast period. Flatbed trailers are used to move substantial freight, such as large equipment and development materials.

Global Semi Trailer Market Types

Below 25 Tons Segment to Hold a Considerable Market Share

On the basis of tonnage types, the market can be segregated into below 25 tons, 25-50 tons, 51-100 tons, above 100 tons. The below 25 tons segment is estimated to account for a considerable market share during the forecast period. Conversely, the 25-50 tons segment is anticipated to grow at a steady rate in the projected timeline.

Up to 45 Feet Segment to Constitute a Major Share of the Market

In terms of length, the market can be bifurcated into up to 45 feet and above 45feet. The up to 45 feet segment is anticipated to hold a major market share due to rising use in various industries such as food & beverage, pharmaceuticals, and construction activities.

Food & Beverage Segment to Grow at a Sustainable Rate

Based on end-users, the market can be classified as heavy industry, automotive, chemical, FMCG, logistics, construction, medical, food and beverage, oil and gas, and textile. The food & beverage segment is expected to grow at a sustainable rate in the coming years. Rising demand for food in emerging economies and rapid industrialization in emerging economies is driving the segment growth.

Asia Pacific to Constitute a Significant Market Share

On the basis of regions, the market can be divided into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa Asia Pacific is estimated to hold a significant market share due to presence of arising economies such as India and China, which contain huge stockpile chains and coordination. Besides, the developing web-based business industry in the region is expected to flood the interest for dry vans trailers in the coming years. On the other hand, the market in North America is estimated to grow at a sustainable rate in the projected timeline. The California Air Resources Board (CARB) commanded the establishment of "SmartWay", a confirmed streamlined innovation, to further develop eco-friendliness in farm vehicles and semi-trailers. Such factors are estimated to drive the regional market growth.

Global Semi Trailer Market Regions

Segments

Types

  • Flat Bed Trailer
  • Dry Vans
  • Refrigerated Trailers
  • Lowboy Trailers
  • Tankers

Tonnage Types

  • Below 25 Tons
  • 25-50 Tons
  • 51-100 Tons
  • Above 100 Tons

Length

  • Up to 45 feet
  • Above 45feet

End-users

  • Heavy Industry
  • Automotive
  • Chemical
  • FMCG
  • Logistics
  • Construction,
  • Medical
  • Food and Beverage
  • Oil and Gas
  • Textile

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Players

  • China International Marine Containers (Group) Ltd
  • Fontaine Commercial Trailer, Inc
  • Great Dane
  • Kogel Trailer GmbH & Co.KG
  • Krone Commercial Vehicle Group
  • Lamberet SAS
  • Polar Tank Trailer, LLC
  • Schmitz Cargobull
  • Utility Trailer Manufacturing Company
  • Wabash National Corporation
  • HYUNDAI TRANSLATED

Competitive Landscape

Some prominent players in the global semi-trailer market include China International Marine Containers (Group) Ltd., Fontaine Commercial Trailer, Inc., Great Dane, Kogel Trailer GmbH & Co.KG, Krone Commercial Vehicle Group, Lamberet SAS, Polar Tank Trailer, LLC, Schmitz Cargobull, Utility Trailer Manufacturing Company, Wabash National Corporation, HYUNDAI TRANSLATED

Global Semi Trailer Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Semi-trailer Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Semi-trailer Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Semi-trailer Market - Supply Chain
  4.5. Global Semi-trailer Market Forecast
     4.5.1. Semi-trailer Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Semi-trailer Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Semi-trailer Market Absolute $ Opportunity
5. Global Semi-trailer Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Semi-trailer Market Size and Volume Forecast by Types
     5.3.1. Flat Bed Trailer
     5.3.2. Dry Vans
     5.3.3. Refrigerated Trailers
     5.3.4. Lowboy Trailers
     5.3.5. Tankers
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Semi-trailer Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Semi-trailer Market Size and Volume Forecast by End Users
     6.3.1. Heavy Industry
     6.3.2. Automotive
     6.3.3. Chemical
     6.3.4. FMCG
     6.3.5. Logistics
     6.3.6. Construction,
     6.3.7. Medical
     6.3.8. Food and Beverage
     6.3.9. Oil and Gas
     6.3.10. Textile
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Semi-trailer Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Semi-trailer Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Semi-trailer Demand Share Forecast, 2019-2026
8. North America Semi-trailer Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Semi-trailer Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Semi-trailer Market Size and Volume Forecast by Types
     8.4.1. Flat Bed Trailer
     8.4.2. Dry Vans
     8.4.3. Refrigerated Trailers
     8.4.4. Lowboy Trailers
     8.4.5. Tankers
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Semi-trailer Market Size and Volume Forecast by End Users
     8.7.1. Heavy Industry
     8.7.2. Automotive
     8.7.3. Chemical
     8.7.4. FMCG
     8.7.5. Logistics
     8.7.6. Construction,
     8.7.7. Medical
     8.7.8. Food and Beverage
     8.7.9. Oil and Gas
     8.7.10. Textile
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Semi-trailer Demand Share Forecast, 2019-2026
9. Latin America Semi-trailer Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Semi-trailer Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Semi-trailer Market Size and Volume Forecast by Types
     9.4.1. Flat Bed Trailer
     9.4.2. Dry Vans
     9.4.3. Refrigerated Trailers
     9.4.4. Lowboy Trailers
     9.4.5. Tankers
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Semi-trailer Market Size and Volume Forecast by End Users
     9.7.1. Heavy Industry
     9.7.2. Automotive
     9.7.3. Chemical
     9.7.4. FMCG
     9.7.5. Logistics
     9.7.6. Construction,
     9.7.7. Medical
     9.7.8. Food and Beverage
     9.7.9. Oil and Gas
     9.7.10. Textile
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Semi-trailer Demand Share Forecast, 2019-2026
10. Europe Semi-trailer Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Semi-trailer Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Semi-trailer Market Size and Volume Forecast by Types
     10.4.1. Flat Bed Trailer
     10.4.2. Dry Vans
     10.4.3. Refrigerated Trailers
     10.4.4. Lowboy Trailers
     10.4.5. Tankers
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Semi-trailer Market Size and Volume Forecast by End Users
     10.7.1. Heavy Industry
     10.7.2. Automotive
     10.7.3. Chemical
     10.7.4. FMCG
     10.7.5. Logistics
     10.7.6. Construction,
     10.7.7. Medical
     10.7.8. Food and Beverage
     10.7.9. Oil and Gas
     10.7.10. Textile
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Semi-trailer Demand Share Forecast, 2019-2026
11. Asia Pacific Semi-trailer Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Semi-trailer Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Semi-trailer Market Size and Volume Forecast by Types
     11.4.1. Flat Bed Trailer
     11.4.2. Dry Vans
     11.4.3. Refrigerated Trailers
     11.4.4. Lowboy Trailers
     11.4.5. Tankers
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Semi-trailer Market Size and Volume Forecast by End Users
     11.7.1. Heavy Industry
     11.7.2. Automotive
     11.7.3. Chemical
     11.7.4. FMCG
     11.7.5. Logistics
     11.7.6. Construction,
     11.7.7. Medical
     11.7.8. Food and Beverage
     11.7.9. Oil and Gas
     11.7.10. Textile
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Semi-trailer Demand Share Forecast, 2019-2026
12. Middle East & Africa Semi-trailer Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Semi-trailer Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Semi-trailer Market Size and Volume Forecast by Types
     12.4.1. Flat Bed Trailer
     12.4.2. Dry Vans
     12.4.3. Refrigerated Trailers
     12.4.4. Lowboy Trailers
     12.4.5. Tankers
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Semi-trailer Market Size and Volume Forecast by End Users
     12.7.1. Heavy Industry
     12.7.2. Automotive
     12.7.3. Chemical
     12.7.4. FMCG
     12.7.5. Logistics
     12.7.6. Construction,
     12.7.7. Medical
     12.7.8. Food and Beverage
     12.7.9. Oil and Gas
     12.7.10. Textile
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Semi-trailer Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Semi-trailer Market: Market Share Analysis
  13.2. Semi-trailer Distributors and Customers
  13.3. Semi-trailer Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. China International Marine Containers (Group) Ltd
     13.4.2. Fontaine Commercial Trailer, Inc
     13.4.3. Great Dane
     13.4.4. Kogel Trailer GmbH & Co.KG
     13.4.5. Krone Commercial Vehicle Group
     13.4.6. Lamberet SAS
     13.4.7. Polar Tank Trailer, LLC
     13.4.8. Schmitz Cargobull
     13.4.9. Utility Trailer Manufacturing Company
     13.4.10. Wabash National Corporation
     13.4.11. HYUNDAI TRANSLATED

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