Market Overview:
The global hopper bottom grain 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 agricultural products, rising disposable income, and technological advancements in the agricultural sector. Based on type, the global hopper bottom grain trailer market is segmented into aluminum hopper bottom grain trailers, steel hopper bottom grain trailers, and combination hopper bottom grain trailers. The aluminum segment is projected to grow at a higher CAGR than other segments during the forecast period owing to its properties such as corrosion resistance and light weight.
Product Definition:
A hopper bottom grain trailer is a type of trailer that has a large, open-topped storage compartment for holding large quantities of grain or other bulk materials. This type of trailer is important for transporting grains and other bulk materials because it allows the material to be discharged from the bottom of the trailer, which makes it easier to unload.
Aluminum Hopper Bottom Grain Trailers:
Aluminum Hopper Bottom Grain Trailers are used in the transportation of bulk quantities of grain from silos to mills. They are also known as “silo cars” or “silage cars” and can be defined as a vehicle that has been designed primarily for carrying fodder or grain in large quantities between storage facilities and processing plants.
Steel Hopper Bottom Grain Trailers:
Steel Hopper Bottom Grain Trailers are used in the transportation of grain from silos to processing facilities. They are built for strength and designed to carry a heavy load of grain with ease. The design includes wide doors at the front and rear which makes unloading simple as well as loading. These trailers can be customized according to customer requirements and also include various options such as refrigeration, electrical heating, ventilation, etc., making it suitable for long distance transportation or storage applications.
Application Insights:
The agriculture application segment led the global hopper bottom grain trailer market and accounted for more than a 38% share of the total revenue in 2017. The segment is expected to witness significant growth over the forecast period due to increasing demand for agricultural products from emerging economies, such as China, India and Brazil. In addition, factors such as growing population coupled with an increase in disposable income has resulted in an increased demand for food grains across all major regions including North America, Europe and Asia Pacific. This trend is projected to continue over the forecast period thereby driving agriculture-related industries globally which will further fuel product demand during this time frame.
The machinery application segment was valued at USD 1.5 billion in 2017 owing to its wide scale adoption across various industries including construction & mining equipment manufacturing where it is used mainly for transporting materials on a daily basis between different locations or between storage facilities and production units etc.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major manufacturers such as CNH Industrial N.V., JLG Industries, Inc., and IHC Group, coupled with high demand from end-use industries such as agriculture and machinery for efficient transportation of grains across long distances within the region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing investments by governments in developing countries for improving agricultural productivity through modern technology adoption coupled with favorable government policies promoting industrialization.
Growth Factors:
- Increasing demand for food grains from the developing countries
- Rising disposable income of the population in the developing countries
- Growing trend of using grain trailers for transportation of other goods as well
- Technological advancements in grain trailer manufacturing industry
- Government initiatives to promote use of grain trailers for food transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Hopper Bottom Grain Trailer Market Research Report
By Type
Aluminum Hopper Bottom Grain Trailers, Steel Hopper Bottom Grain Trailers, Combination Hopper Bottom Grain Trailers
By Application
Agriculture, Machinery, Others
By Companies
Doepker Industries Ltd., Drake Trailers, Integrity Sales and Service, Jet Co., Kann Manufacturing Corp., KBH Corp., KNL Holdings – Peerless, Lime City Equipment, Lode King Industries, Loadline Manufacturing Inc., Doepker Industries Ltd., Maurer Manufacturing, Menard Manufacturing Co., Merritt Equipment Co., Neville Built Trailers
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Hopper Bottom Grain Trailer Market Report Segments:
The global Hopper Bottom Grain Trailer market is segmented on the basis of:
Types
Aluminum Hopper Bottom Grain Trailers, Steel Hopper Bottom Grain Trailers, Combination Hopper Bottom Grain Trailers
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
Agriculture, Machinery, Others
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:
- Doepker Industries Ltd.
- Drake Trailers
- Integrity Sales and Service
- Jet Co.
- Kann Manufacturing Corp.
- KBH Corp.
- KNL Holdings – Peerless
- Lime City Equipment
- Lode King Industries
- Loadline Manufacturing Inc.
- Doepker Industries Ltd.
- Maurer Manufacturing
- Menard Manufacturing Co.
- Merritt Equipment Co.
- Neville Built Trailers
Highlights of The Hopper Bottom Grain 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:
- Aluminum Hopper Bottom Grain Trailers
- Steel Hopper Bottom Grain Trailers
- Combination Hopper Bottom Grain Trailers
- By Application:
- Agriculture
- Machinery
- Others
- 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 Hopper Bottom Grain 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
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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?
Hopper Bottom Grain Trailer is a self-propelled grain trailer that can hold up to 50,000 bushels of wheat. It has a capacity of 12 tons and can travel at speeds up to 45 mph.
Some of the major players in the hopper bottom grain trailer market are Doepker Industries Ltd., Drake Trailers, Integrity Sales and Service, Jet Co., Kann Manufacturing Corp., KBH Corp., KNL Holdings – Peerless, Lime City Equipment, Lode King Industries, Loadline Manufacturing Inc., Doepker Industries Ltd., Maurer Manufacturing, Menard Manufacturing Co., Merritt Equipment Co., Neville Built Trailers.
The hopper bottom grain trailer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hopper Bottom Grain 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 Hopper Bottom Grain Trailer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hopper Bottom Grain 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 Hopper Bottom Grain 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 Hopper Bottom Grain Trailer Market Size & Forecast, 2020-2028
4.5.1 Hopper Bottom Grain Trailer Market Size and Y-o-Y Growth
4.5.2 Hopper Bottom Grain 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 Aluminum Hopper Bottom Grain Trailers
5.2.2 Steel Hopper Bottom Grain Trailers
5.2.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
6.2.2 Machinery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hopper Bottom Grain 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 Hopper Bottom Grain 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 Aluminum Hopper Bottom Grain Trailers
9.6.2 Steel Hopper Bottom Grain Trailers
9.6.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
9.10.2 Machinery
9.10.3 Others
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 Aluminum Hopper Bottom Grain Trailers
10.6.2 Steel Hopper Bottom Grain Trailers
10.6.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
10.10.2 Machinery
10.10.3 Others
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 Aluminum Hopper Bottom Grain Trailers
11.6.2 Steel Hopper Bottom Grain Trailers
11.6.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
11.10.2 Machinery
11.10.3 Others
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 Aluminum Hopper Bottom Grain Trailers
12.6.2 Steel Hopper Bottom Grain Trailers
12.6.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
12.10.2 Machinery
12.10.3 Others
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 Aluminum Hopper Bottom Grain Trailers
13.6.2 Steel Hopper Bottom Grain Trailers
13.6.3 Combination Hopper Bottom Grain Trailers
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 Agriculture
13.10.2 Machinery
13.10.3 Others
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 Hopper Bottom Grain Trailer Market: Competitive Dashboard
14.2 Global Hopper Bottom Grain Trailer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Doepker Industries Ltd.
14.3.2 Drake Trailers
14.3.3 Integrity Sales and Service
14.3.4 Jet Co.
14.3.5 Kann Manufacturing Corp.
14.3.6 KBH Corp.
14.3.7 KNL Holdings – Peerless
14.3.8 Lime City Equipment
14.3.9 Lode King Industries
14.3.10 Loadline Manufacturing Inc.
14.3.11 Doepker Industries Ltd.
14.3.12 Maurer Manufacturing
14.3.13 Menard Manufacturing Co.
14.3.14 Merritt Equipment Co.
14.3.15 Neville Built Trailers
