Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lowboy Semitrailer Market by Type (2 Axles, 3 Axles, 4 Axles, Others), By Application (Application 1, Application 2) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lowboy Semitrailer Market by Type (2 Axles, 3 Axles, 4 Axles, Others), By Application (Application 1, Application 2) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 132009 3300 Machinery & Equipment 377 240 Pages 4.8 (41)

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.

Global Lowboy Semitrailer Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Globe Trailers
  2. Fontaine Trailer Company
  3. Talbert Manufacturing
  4. Eager Beaver Trailers
  5. Kaufman Trailers
  8. Qingte Group
  9. Qingdao CIMC
  10. RAC Germany
  11. Load King
  12. XL Specialized Trailers
  13. Overbilt Trailer Company

Global Lowboy Semitrailer Market Overview

Highlights of The Lowboy Semitrailer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 2 Axles
    2. 3 Axles
    3. 4 Axles
    4. Others
  1. By Application:

    1. Application 1
    2. Application 2
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Lowboy Semitrailer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Fontaine Trailer Company Overview Financials Developments Strategic Outlook
      14.4.3. Talbert Manufacturing Overview Financials Developments Strategic Outlook
      14.4.4. Eager Beaver Trailers Overview Financials Developments Strategic Outlook
      14.4.5. Kaufman Trailers Overview Financials Developments Strategic Outlook
      14.4.6. WITZCO Overview Financials Developments Strategic Outlook
      14.4.7. ZWTRAILER Overview Financials Developments Strategic Outlook
      14.4.8. Qingte Group Overview Financials Developments Strategic Outlook
      14.4.9. Qingdao CIMC Overview Financials Developments Strategic Outlook
      14.4.10. RAC Germany Overview Financials Developments Strategic Outlook
      14.4.11. Load King Overview Financials Developments Strategic Outlook
      14.4.12. XL Specialized Trailers Overview Financials Developments Strategic Outlook
      14.4.13. Overbilt Trailer Company Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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