Market Overview:
The global lowboy semitrailer 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 semitrailers in various applications such as transportation of heavy equipment and goods, and others. Lowboy semitrailers are also used in military applications for transporting tanks, artillery guns, and other heavy military vehicles. Additionally, the increasing demand for lowboy semitrailers from emerging countries such as China and India is expected to fuel the growth of this market during the forecast period.
Product Definition:
A lowboy semitrailer is a vehicle designed to carry heavy loads by suspending them beneath the frame. Lowboy semitrailers are used extensively in the transportation of construction equipment, industrial machinery, and other large objects. The importance of lowboy semitrailers lies in their ability to transport very large objects with minimal damage to the cargo.
2 Axles:
2 Axles is a combination of two wheels in tandem, which are attached to the same axle. The 2-axle lowboy trailer has its load carried by both the rear and front wheels. It is mainly used for towing or carrying a loaded trailer or truck bed with a cargo van, pickup truck, small bus or car carrier on it.
3 Axles:
The 3 axles and it's usage in lowboy semi-trailer market is used to distribute the load of the vehicle over a greater distance. The weight is equally divided between three wheels making them heavier at each end of the truck. Thus, increasing stability while driving and safety against skidding on turns are some added advantages provided by this system.
This system has been gaining popularity due to its ease of use.
Application Insights:
Application 1 was the dominant segment in the global lowboy semitrailer market, accounting for a revenue share of over 60.0% in 2017. The application is expected to continue its dominance over the forecast period owing to increasing demand from construction and mining industries globally. In addition, growth of these sectors would also be attributed towards increased product demand globally as they require heavy-duty trucks with high stability and strength for their operations on uneven surfaces including rocks, gravels and stony grounds.
The construction industry has been growing significantly across various regions including Asia Pacific, North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for intermodal freight transport and rising investments in warehousing and logistics facilities by companies as well as governments across the globe. In addition, growing industrialization coupled with rapid urbanization has resulted in an increased need for efficient transportation solutions that would enable goods movement throughout the supply chain with minimal delays at all costs, thus favoring market growth over the forecast period.
The European lowboy semitrailer market was valued at USD X million in 2017 owing to high demand from countries such as Germany and France among others where there is a significant presence of manufacturers operating within various industries including automotive; aerospace & defense; consumer goods; food & beverage among others who require heavy-duty transport vehicles on a regular basis for distribution purposes across large distances thereby driving industry expansion over recent years.
Growth Factors:
- Increasing demand for lowboy semitrailers from the construction and transportation sectors
- Growing popularity of lowboy semitrailers among fleet operators and truck owners owing to their superior performance and fuel efficiency
- Proliferation of e-commerce businesses, which is resulting in an increase in the demand for lowboy semitrailers for delivery purposes
- Development of innovative technologies that are making lowboy semitrailers more efficient and user-friendly
- Rising awareness about the benefits of using lowboy semitrailers among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Lowboy Semitrailer Market Research Report
By Type
2 Axles, 3 Axles, 4 Axles, Others
By Application
Application 1, Application 2
By Companies
Globe Trailers, Fontaine Trailer Company, Talbert Manufacturing, Eager Beaver Trailers, Kaufman Trailers, WITZCO, ZWTRAILER, Qingte Group, Qingdao CIMC, RAC Germany, Load King, XL Specialized Trailers, Overbilt Trailer Company
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Lowboy Semitrailer Market Report Segments:
The global Lowboy Semitrailer market is segmented on the basis of:
Types
2 Axles, 3 Axles, 4 Axles, Others
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
Application 1, Application 2
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:
- Globe Trailers
- Fontaine Trailer Company
- Talbert Manufacturing
- Eager Beaver Trailers
- Kaufman Trailers
- WITZCO
- ZWTRAILER
- Qingte Group
- Qingdao CIMC
- RAC Germany
- Load King
- XL Specialized Trailers
- Overbilt Trailer Company
Highlights of The Lowboy Semitrailer 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:
- 2 Axles
- 3 Axles
- 4 Axles
- Others
- By Application:
- Application 1
- Application 2
- 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 Semitrailer 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 Semitrailer is a type of semi-trailer truck that has been modified to reduce its height. This allows it to travel over low bridges and other obstacles, making it an ideal choice for transporting goods over difficult terrain.
Some of the key players operating in the lowboy semitrailer market are Globe Trailers, Fontaine Trailer Company, Talbert Manufacturing, Eager Beaver Trailers, Kaufman Trailers, WITZCO, ZWTRAILER, Qingte Group, Qingdao CIMC, RAC Germany, Load King, XL Specialized Trailers, Overbilt Trailer Company.
The lowboy semitrailer 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 Semitrailer 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 Semitrailer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lowboy Semitrailer Market - Supply Chain
4.5. Global Lowboy Semitrailer Market Forecast
4.5.1. Lowboy Semitrailer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lowboy Semitrailer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lowboy Semitrailer Market Absolute $ Opportunity
5. Global Lowboy Semitrailer 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 Semitrailer Market Size and Volume Forecast by Type
5.3.1. 2 Axles
5.3.2. 3 Axles
5.3.3. 4 Axles
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lowboy Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lowboy Semitrailer 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 Semitrailer 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 Semitrailer 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 Semitrailer 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 Semitrailer Demand Share Forecast, 2019-2029
9. North America Lowboy Semitrailer 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 Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lowboy Semitrailer Market Size and Volume Forecast by Type
9.7.1. 2 Axles
9.7.2. 3 Axles
9.7.3. 4 Axles
9.7.4. Others
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 Semitrailer Demand Share Forecast, 2019-2029
10. Latin America Lowboy Semitrailer 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 Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lowboy Semitrailer Market Size and Volume Forecast by Type
10.7.1. 2 Axles
10.7.2. 3 Axles
10.7.3. 4 Axles
10.7.4. Others
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 Semitrailer Demand Share Forecast, 2019-2029
11. Europe Lowboy Semitrailer 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 Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lowboy Semitrailer Market Size and Volume Forecast by Type
11.7.1. 2 Axles
11.7.2. 3 Axles
11.7.3. 4 Axles
11.7.4. Others
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 Semitrailer Demand Share, 2019-2029
12. Asia Pacific Lowboy Semitrailer 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 Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lowboy Semitrailer Market Size and Volume Forecast by Type
12.7.1. 2 Axles
12.7.2. 3 Axles
12.7.3. 4 Axles
12.7.4. Others
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 Semitrailer Demand Share, 2019-2029
13. Middle East & Africa Lowboy Semitrailer 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 Semitrailer 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 Semitrailer Market Size and Volume Forecast by Application12
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lowboy Semitrailer Market Size and Volume Forecast by Type
13.7.1. 2 Axles
13.7.2. 3 Axles
13.7.3. 4 Axles
13.7.4. Others
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 Semitrailer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Lowboy Semitrailer Market: Market Share Analysis
14.2. Lowboy Semitrailer Distributors and Customers
14.3. Lowboy Semitrailer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Globe Trailers
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fontaine Trailer Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Talbert Manufacturing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eager Beaver Trailers
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kaufman Trailers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. WITZCO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZWTRAILER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Qingte Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Qingdao CIMC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RAC Germany
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Load King
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. XL Specialized Trailers
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Overbilt Trailer Company
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
