Market Overview:
The global 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 semitrailers in various applications such as logistics, chemical, food, cement, oil and gas, among others. In terms of type, the flatbed semitrailer segment is expected to hold the largest share of the global market during the forecast period. This can be attributed to its high demand in various end-use industries across different regions.
Product Definition:
A semitrailer is a trailer that has one or more axles located under the trailer body, and typically two or more wheels per axle. The total number of wheels on the semitrailer is four, six, eight or ten.
Flatbed Semitrailer:
Flatbed semitrailer is a trailer unit with low profile and long body. It has features like higher load carrying capacity, maneuverability in tight spaces and increased safety. The demand for flat bed trailers is expected to witness significant growth over the forecast period owing to its increasing usage in heavy haul transportation of goods such as construction materials, automobiles, food & beverages and other industrial products.
Lowboy Semitrailer:
Lowboy semitrailer is a low-sided trailer, generally used to carry freight and goods in railroads. It has standard gauge wheelsets with single or double deck. The body of the lowboy is constructed using steel channel; it can be open or closed on the rear end. Low boy trailers are commonly used for transportation of freight wagons, stock cars, flatcars, tankers and other types of railroad rolling stock across railway networks.
Application Insights:
The logistics application segment led the global semitrailer market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in demand for intermodal transport services, which offer convenience and efficiency along with reduced environmental impact. Logistics companies are increasingly using these vehicles as they can carry lighter loads and higher volume than trucks, while operating more efficiently than trains or buses on long hauls.
Chemical manufacturing accounted for 9% of the overall share in 2017 due to rising demand from various end-use industries including oil & gas and cement manufacturing sectors across regions such as North America and Europe.
Regional Analysis:
The Asia Pacific region dominated the global semitrailer market in 2016 and accounted for over 40% of the revenue share. The growth is attributed to rising demand from countries such as China, India, Japan, South Korea and Australia. In addition, factors such as increasing trade activities coupled with growing industrialization are expected to fuel regional growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to its developing infrastructure along with a large number of manufacturing facilities in key industries including food processing and pharmaceuticals. Furthermore, rapid urbanization coupled with increased spending on construction activities has led to an increase in freight requirements which will further drive regional growth over next eight years.
Growth Factors:
- Increasing demand for goods transportation: The growth of the global economy has led to an increase in the demand for goods transportation. This is driving the growth of the semitrailer market.
- Proliferation of e-commerce: The proliferation of e-commerce is fueling the growth of the semitrailer market as it leads to an increase in freight traffic.
- Development of smart cities: The development of smart cities is leading to an increase in freight traffic, which is driving the growth of the semitrailer market.
- Expansion of logistics and transport infrastructure: The expansion of logistics and transport infrastructure is leading to an increase in freight traffic, which is drivingthegrowthofthesemitrailermarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Semitrailer Market Research Report
By Type
Flatbed Semitrailer, Lowboy Semitrailer, Dry Van Semitrailer, Refrigerated Semitrailer, Other
By Application
Logistics, Chemical, Food, Cement, Oil and Gas, Other
By Companies
CIMC, Wabash National, Schmitz Cargobull, Great Dane, Hyundai Translead, Utility Trailer, Krone, Stoughton, Kogel, Welton, Schwarzmuller Group
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 Semitrailer Market Report Segments:
The global Semitrailer market is segmented on the basis of:
Types
Flatbed Semitrailer, Lowboy Semitrailer, Dry Van Semitrailer, Refrigerated Semitrailer, Other
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
Logistics, Chemical, Food, Cement, Oil and Gas, Other
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:
- CIMC
- Wabash National
- Schmitz Cargobull
- Great Dane
- Hyundai Translead
- Utility Trailer
- Krone
- Stoughton
- Kogel
- Welton
- Schwarzmuller Group
Highlights of The 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:
- Flatbed Semitrailer
- Lowboy Semitrailer
- Dry Van Semitrailer
- Refrigerated Semitrailer
- Other
- By Application:
- Logistics
- Chemical
- Food
- Cement
- Oil and Gas
- Other
- 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 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 semitrailer is a trailer that has been modified to carry only semi-trucks.
Some of the major companies in the semitrailer market are CIMC, Wabash National, Schmitz Cargobull, Great Dane, Hyundai Translead, Utility Trailer, Krone, Stoughton, Kogel, Welton, Schwarzmuller Group.
The semitrailer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Semitrailer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Semitrailer Market - Supply Chain
4.5. Global Semitrailer Market Forecast
4.5.1. Semitrailer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Semitrailer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Semitrailer Market Absolute $ Opportunity
5. Global 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. Semitrailer Market Size and Volume Forecast by Type
5.3.1. Flatbed Semitrailer
5.3.2. Lowboy Semitrailer
5.3.3. Dry Van Semitrailer
5.3.4. Refrigerated Semitrailer
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Semitrailer Market Size and Volume Forecast by Application
6.3.1. Logistics
6.3.2. Chemical
6.3.3. Food
6.3.4. Cement
6.3.5. Oil and Gas
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Semitrailer Demand Share Forecast, 2019-2026
9. North America 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 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 Semitrailer Market Size and Volume Forecast by Application
9.4.1. Logistics
9.4.2. Chemical
9.4.3. Food
9.4.4. Cement
9.4.5. Oil and Gas
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Semitrailer Market Size and Volume Forecast by Type
9.7.1. Flatbed Semitrailer
9.7.2. Lowboy Semitrailer
9.7.3. Dry Van Semitrailer
9.7.4. Refrigerated Semitrailer
9.7.5. Other
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 Semitrailer Demand Share Forecast, 2019-2026
10. Latin America 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 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 Semitrailer Market Size and Volume Forecast by Application
10.4.1. Logistics
10.4.2. Chemical
10.4.3. Food
10.4.4. Cement
10.4.5. Oil and Gas
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Semitrailer Market Size and Volume Forecast by Type
10.7.1. Flatbed Semitrailer
10.7.2. Lowboy Semitrailer
10.7.3. Dry Van Semitrailer
10.7.4. Refrigerated Semitrailer
10.7.5. Other
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 Semitrailer Demand Share Forecast, 2019-2026
11. Europe 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 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 Semitrailer Market Size and Volume Forecast by Application
11.4.1. Logistics
11.4.2. Chemical
11.4.3. Food
11.4.4. Cement
11.4.5. Oil and Gas
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Semitrailer Market Size and Volume Forecast by Type
11.7.1. Flatbed Semitrailer
11.7.2. Lowboy Semitrailer
11.7.3. Dry Van Semitrailer
11.7.4. Refrigerated Semitrailer
11.7.5. Other
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 Semitrailer Demand Share, 2019-2026
12. Asia Pacific 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 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 Semitrailer Market Size and Volume Forecast by Application
12.4.1. Logistics
12.4.2. Chemical
12.4.3. Food
12.4.4. Cement
12.4.5. Oil and Gas
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Semitrailer Market Size and Volume Forecast by Type
12.7.1. Flatbed Semitrailer
12.7.2. Lowboy Semitrailer
12.7.3. Dry Van Semitrailer
12.7.4. Refrigerated Semitrailer
12.7.5. Other
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 Semitrailer Demand Share, 2019-2026
13. Middle East & Africa 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 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 Semitrailer Market Size and Volume Forecast by Application
13.4.1. Logistics
13.4.2. Chemical
13.4.3. Food
13.4.4. Cement
13.4.5. Oil and Gas
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Semitrailer Market Size and Volume Forecast by Type
13.7.1. Flatbed Semitrailer
13.7.2. Lowboy Semitrailer
13.7.3. Dry Van Semitrailer
13.7.4. Refrigerated Semitrailer
13.7.5. Other
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 Semitrailer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Semitrailer Market: Market Share Analysis
14.2. Semitrailer Distributors and Customers
14.3. Semitrailer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CIMC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wabash National
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schmitz Cargobull
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Great Dane
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hyundai Translead
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Utility Trailer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Krone
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stoughton
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kogel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Welton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schwarzmuller Group
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
