Market Overview:
The global cable drum trailer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising investments in renewable energy projects. The payload less than 5Ton segment is expected to account for the largest share of the global cable drum trailer market in 2018, followed by the 5Ton-20Ton and more than 20Ton segments. In terms of application, road applications are expected to account for a larger share of the global cable drum trailer market in 2018, followed by off-road applications. North America is estimated to be the largest regional market for cable drum trailers during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Cable Drum Trailer is a vehicle that helps in the transportation of cable drums. The importance of Cable Drum Trailer is that it helps in the easy transportation of cable drums, which can be otherwise difficult to move.
Payload Less Than 5Ton:
Payload less than 5 ton (PLT) is the weight of cargo carried by a single-axle vehicle. It is mostly used in the cable drum trailer industry. The payload of PLT depends on its usage and type, for example; if it's a one-way trip then payload would be equal to distance travelled while in case of return journey; it would depend upon how much load was placed at beginning and at end of each leg.
5Ton-20Ton:
The 5ton-20ton is a type of cable drum trailer used to transport and store electrical cables. It has wheels at the rear, making it easier to move around. The design is simple; it consists of a metal body with wheels at the rear end, which makes transportation easy.
It can carry up to 20 tons of weight without any problems and its low price makes it an ideal option for small businesses that are on a budget but need quality products for their operations.
Application Insights:
The road application segment accounted for the largest share of more than 60.0% in 2017. The growing demand for these vehicles on account of increasing tourism and construction activities is expected to drive the product demand over the forecast period. Furthermore, government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ are likely to boost industry growth over the coming years.
The off-road application segment is projected to witness significant growth with a CAGR exceeding 8% from 2018 to 2030 owing to increased mining activities and industrialization across developing countries including China, India, Brazil and South Africa which further boosts product demand in off-road applications globally.
In terms of revenue, Asia Pacific dominated with a share of more than 45% in 2017 owing to high manufacturing industries such as China Japan Thailand Indonesia Singapore etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for these products from countries, such as China, India, Japan and South Korea. These countries are among the largest consumers of construction equipment owing to rapid urbanization and growing need for infrastructure development. Moreover, rising number of mining activities due to availability of minerals such as coal, gold and silver is also anticipated to drive product demand in Asia Pacific region over the forecast period.
Growth Factors:
- Increasing demand for cable drums from the construction and telecommunication industries is expected to drive the growth of the cable drum trailer market during the forecast period.
- The increasing demand for electric vehicles is also anticipated to fuel the growth of the cable drum trailer market in near future.
- Growing awareness about safety norms and regulations related to transportation of hazardous goods is projected to propel the growth of this market in forthcoming years.
- The rising trend of using trailers as a means for transportation instead of owning a truck is estimated to create new opportunities for players operating in this market during forecast period. 5) Technological advancements such as introduction of smart trailers are likely to provide impetus to the growth prospects of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Drum Trailer Market Research Report
By Type
Payload Less Than 5Ton, 5Ton-20Ton, More Than 20Ton
By Application
Road Application, Off-road Application
By Companies
LANCIER, Vetter, GAP Hire Solutions, CBS Products, Groundforce, Ritelite, FOK Machines, TWS, Phoenix, BWS Trailers, LANCIER, Bagela Baumaschinen GmbH & Co. KG, Jakob Thaler GmbH, SCHUTT, Roose Manufacturing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Cable Drum Trailer Market Report Segments:
The global Cable Drum Trailer market is segmented on the basis of:
Types
Payload Less Than 5Ton, 5Ton-20Ton, More Than 20Ton
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road Application, Off-road Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LANCIER
- Vetter
- GAP Hire Solutions
- CBS Products
- Groundforce
- Ritelite
- FOK Machines
- TWS
- Phoenix
- BWS Trailers
- LANCIER
- Bagela Baumaschinen GmbH & Co. KG
- Jakob Thaler GmbH
- SCHUTT
- Roose Manufacturing
Highlights of The Cable Drum Trailer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Payload Less Than 5Ton
- 5Ton-20Ton
- More Than 20Ton
- By Application:
- Road Application
- Off-road Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cable Drum Trailer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cable drum trailer is a specialized type of trailer that is used to transport large drums and other large objects. These trailers are typically equipped with a system that allows them to be towed by a truck or car, allowing them to move easily and quickly across the landscape.
Some of the major companies in the cable drum trailer market are LANCIER, Vetter, GAP Hire Solutions, CBS Products, Groundforce, Ritelite, FOK Machines, TWS, Phoenix, BWS Trailers, LANCIER, Bagela Baumaschinen GmbH & Co. KG, Jakob Thaler GmbH, SCHUTT, Roose Manufacturing.
The cable drum trailer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Drum Trailer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cable Drum Trailer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cable Drum Trailer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cable Drum Trailer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cable Drum Trailer Market Size & Forecast, 2020-2028
4.5.1 Cable Drum Trailer Market Size and Y-o-Y Growth
4.5.2 Cable Drum Trailer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Payload Less Than 5Ton
5.2.2 5Ton-20Ton
5.2.3 More Than 20Ton
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Road Application
6.2.2 Off-road Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Drum Trailer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Drum Trailer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Payload Less Than 5Ton
9.6.2 5Ton-20Ton
9.6.3 More Than 20Ton
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Road Application
9.10.2 Off-road Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size 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 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Payload Less Than 5Ton
10.6.2 5Ton-20Ton
10.6.3 More Than 20Ton
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Road Application
10.10.2 Off-road Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size 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 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Payload Less Than 5Ton
11.6.2 5Ton-20Ton
11.6.3 More Than 20Ton
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Road Application
11.10.2 Off-road Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Payload Less Than 5Ton
12.6.2 5Ton-20Ton
12.6.3 More Than 20Ton
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Road Application
12.10.2 Off-road Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Payload Less Than 5Ton
13.6.2 5Ton-20Ton
13.6.3 More Than 20Ton
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Road Application
13.10.2 Off-road Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Drum Trailer Market: Competitive Dashboard
14.2 Global Cable Drum Trailer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LANCIER
14.3.2 Vetter
14.3.3 GAP Hire Solutions
14.3.4 CBS Products
14.3.5 Groundforce
14.3.6 Ritelite
14.3.7 FOK Machines
14.3.8 TWS
14.3.9 Phoenix
14.3.10 BWS Trailers
14.3.11 LANCIER
14.3.12 Bagela Baumaschinen GmbH & Co. KG
14.3.13 Jakob Thaler GmbH
14.3.14 SCHUTT
14.3.15 Roose Manufacturing
