Market Overview:
The global lowboy semi-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 lowboy semi-trailers in transportation, logistics, and defence applications across the globe. Additionally, the growing demand for lightweight and fuel-efficient trailers is also contributing to the growth of this market. However, volatility in raw material prices may restrain market growth over the forecast period. On basis of type, below 25 t trailers accounted for a majority share of the global lowboy semi-trailer market in 2017. This segment is projected to grow at a CAGR of 5% during 2018–2030 owing to its high demand from transportation and logistics applications across regions.
Product Definition:
A lowboy semi-trailer is a type of truck trailer that has a low profile and allows for easy loading and unloading of cargo. Lowboys are often used to transport heavy or oversized items, such as construction equipment or large pieces of machinery. The importance of lowboy semi-trailers is that they can be used to transport large items without taking up too much space, which can be important when navigating tight spaces or trying to avoid traffic congestion.
Below 25 t:
Below 25 t is a common term used for lowboy semi-trailer. It means the weight of the trailer or truck with its load below 25 tons. The weight of a lowboy semi-trailer ranges between 7,500 to 11,000 pounds and it can carry up to 600 cubic feet of cargo. A low boy is generally used for transportation of goods which are too big or heavy to be transported using a standard container.
25 t ¢â‚¬â€œ 50 t:
The 25 t ¢â‚¬â€œ 50 t is a common size of lowboy semi-trailer. It has the ability to carry up to 24,000 LBS weight of goods. The 25t - 50t lowboys are commonly used for transportation of building materials such as concrete, bricks, and blocks in construction projects or for the transportation of goods such as furniture and appliances in small quantities across short distances.
Application Insights:
The transportation application segment led the global lowboy semi-trailer market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for road transport services across various regions, including Asia Pacific and Middle East & Africa. In addition, growing urbanization along with rising income levels in developing countries such as India and China are expected to drive the product demand over the next seven years.
The logistics application segment accounted for 21% share of total revenue in 2017 owing to extensive usage of lowboys semi-trailers by logistics companies for providing logistic services across various industries, including mining.
Regional Analysis:
Asia Pacific dominated the global lowboy semi-trailer market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for intermodal transport and rising trade activities across emerging economies, such as China and India. In addition, growing industrialization coupled with rapid urbanization has resulted in an increased need for roadways infrastructure development, thereby driving the regional market growth.
The Asia Pacific was followed by Europe that accounted for a revenue share of 24% in 2017 on account of high product penetration across major countries including Germany and U.K.
Growth Factors:
- Increasing demand for lowboy trailers from the construction and transportation sectors
- Growing popularity of lowboy trailers among end-users owing to their advantages over conventional trailers
- Technological advancements in the design and manufacturing of lowboy trailers that are helping improve their performance and efficiency
- Rising investments by trailer manufacturers in research and development activities to develop new products
- Proliferation of e-commerce platforms that are aiding in the growth of the aftermarket for lowboy semi-trailers
Scope Of The Report
Report Attributes
Report Details
Report Title
Lowboy Semi-trailer Market Research Report
By Type
Below 25 t, 25 t – 50 t, 51 t – 100 t, Above 100 t
By Application
Transportation, Logistics, Defence, Others
By Companies
Wabash (US), Schmitz Cargobull (Germany), Utility Trailer (US), Krone (Germany), Kogel (Germany), Great Dane Trailers (US)
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Lowboy Semi-trailer Market Report Segments:
The global Lowboy Semi-trailer market is segmented on the basis of:
Types
Below 25 t, 25 t – 50 t, 51 t – 100 t, Above 100 t
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
Transportation, Logistics, Defence, 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:
- Wabash (US)
- Schmitz Cargobull (Germany)
- Utility Trailer (US)
- Krone (Germany)
- Kogel (Germany)
- Great Dane Trailers (US)
Highlights of The Lowboy Semi-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:
- Below 25 t
- 25 t – 50 t
- 51 t – 100 t
- Above 100 t
- By Application:
- Transportation
- Logistics
- Defence
- 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 Lowboy Semi-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 Lowboy semi-trailer is a large, heavy truck that is typically used for transporting goods. They are often equipped with a large bed that can hold a lot of cargo, and they are also often able to travel at high speeds.
Some of the key players operating in the lowboy semi-trailer market are Wabash (US), Schmitz Cargobull (Germany), Utility Trailer (US), Krone (Germany), Kogel (Germany), Great Dane Trailers (US).
The lowboy semi-trailer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lowboy 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. Lowboy 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. Lowboy Semi-trailer Market - Supply Chain
4.5. Global Lowboy Semi-trailer Market Forecast
4.5.1. Lowboy Semi-trailer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lowboy Semi-trailer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lowboy Semi-trailer Market Absolute $ Opportunity
5. Global Lowboy Semi-trailer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lowboy Semi-trailer Market Size and Volume Forecast by Type
5.3.1. Below 25 t
5.3.2. 25 t 50 t
5.3.3. 51 t 100 t
5.3.4. Above 100 t
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lowboy Semi-trailer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lowboy Semi-trailer Market Size and Volume Forecast by Application
6.3.1. Transportation
6.3.2. Logistics
6.3.3. Defence
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lowboy Semi-trailer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lowboy Semi-trailer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lowboy Semi-trailer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lowboy Semi-trailer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lowboy Semi-trailer Demand Share Forecast, 2019-2026
9. North America Lowboy 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
9.2. North America Lowboy Semi-trailer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lowboy Semi-trailer Market Size and Volume Forecast by Application
9.4.1. Transportation
9.4.2. Logistics
9.4.3. Defence
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lowboy Semi-trailer Market Size and Volume Forecast by Type
9.7.1. Below 25 t
9.7.2. 25 t 50 t
9.7.3. 51 t 100 t
9.7.4. Above 100 t
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lowboy Semi-trailer Demand Share Forecast, 2019-2026
10. Latin America Lowboy 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. Latin America Average Pricing Analysis
10.2. Latin America Lowboy Semi-trailer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lowboy Semi-trailer Market Size and Volume Forecast by Application
10.4.1. Transportation
10.4.2. Logistics
10.4.3. Defence
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lowboy Semi-trailer Market Size and Volume Forecast by Type
10.7.1. Below 25 t
10.7.2. 25 t 50 t
10.7.3. 51 t 100 t
10.7.4. Above 100 t
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lowboy Semi-trailer Demand Share Forecast, 2019-2026
11. Europe Lowboy 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. Europe Average Pricing Analysis
11.2. Europe Lowboy Semi-trailer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lowboy Semi-trailer Market Size and Volume Forecast by Application
11.4.1. Transportation
11.4.2. Logistics
11.4.3. Defence
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lowboy Semi-trailer Market Size and Volume Forecast by Type
11.7.1. Below 25 t
11.7.2. 25 t 50 t
11.7.3. 51 t 100 t
11.7.4. Above 100 t
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lowboy Semi-trailer Demand Share, 2019-2026
12. Asia Pacific Lowboy 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. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lowboy Semi-trailer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lowboy Semi-trailer Market Size and Volume Forecast by Application
12.4.1. Transportation
12.4.2. Logistics
12.4.3. Defence
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lowboy Semi-trailer Market Size and Volume Forecast by Type
12.7.1. Below 25 t
12.7.2. 25 t 50 t
12.7.3. 51 t 100 t
12.7.4. Above 100 t
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lowboy Semi-trailer Demand Share, 2019-2026
13. Middle East & Africa Lowboy Semi-trailer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lowboy Semi-trailer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lowboy Semi-trailer Market Size and Volume Forecast by Application
13.4.1. Transportation
13.4.2. Logistics
13.4.3. Defence
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lowboy Semi-trailer Market Size and Volume Forecast by Type
13.7.1. Below 25 t
13.7.2. 25 t 50 t
13.7.3. 51 t 100 t
13.7.4. Above 100 t
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lowboy Semi-trailer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lowboy Semi-trailer Market: Market Share Analysis
14.2. Lowboy Semi-trailer Distributors and Customers
14.3. Lowboy Semi-trailer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wabash (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schmitz Cargobull (Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Utility Trailer (US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Krone (Germany)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kogel (Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Great Dane Trailers (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
