Market Overview:
The global truck trailers 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 commercial vehicles and trailers in various applications such as manufacturing, industrial, and others. Additionally, the growing trend of online retail is also contributing significantly to the growth of this market. Based on type, the global truck trailers market can be segmented into automobile trailers, boat trailers, logging trailers, and others. The automobile trailer segment is expected to account for a major share of the global truck trailer market during the forecast period owing to its high demand from various end-use industries such as automotive and transportation. Based on application, the global truck trailer market can be divided into manufacture sector; industrial sector; construction & infrastructure sector; agriculture & forestry sector; food & beverage sector; retail & e-commerce sector among others.
Product Definition:
A truck trailer is a large, rectangular box-like vehicle that attaches to the back of a truck and is used to transport goods. Truck trailers are important because they allow trucks to transport large amounts of goods over long distances.
Automobile Trailers:
Automobile trailers are used to transport automobiles. They comprise of two basic types: pull-behind and tow-Behind. The tow-Behind type trailer has a fifth wheel mounted on the rear of the vehicle, which is attached to a chain or cable that can be drawn by another vehicle such as a truck or car.
Boat Trailers:
Boat trailers are vehicles that are used to transport boats from one place to another. It is mostly used for water sports and fishing activities. The boat trailer can be connected to a truck via a coupling or directly attached to the truck using hitches or piggy-backs.
The demand for boat trailers is increasing due to growing recreational activities, tourism, and fishing industry in various countries including India, China, Australia & New Zealand among others.
Application Insights:
The application segment includes manufacture, others and unknown applications. The manufacture application segment held the largest share of over 70.0% in 2017. This is attributed to the growing manufacturing activities across various industries globally which require heavy machinery for production such as steel and aluminum.
Industrial applications include warehouses, storage yards, factories along with their surrounding areas such as roads and railheads that are used for transportation of materials or finished products from one place to another within a factory complex or industrial estate respectively. These types of applications are majorly found in developed economies due to high usage rates coupled with stringent safety regulations applicable on these types of vehicles across various industries worldwide that require heavy machinery for production such as steel and aluminum (for example; automotive). Industrial trailer manufacturers include Blue Bird Corporation.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the regional market can be attributed to rising demand for truck transportation services, coupled with increasing investments in new construction projects and growing automotive production. In addition, rising number of automobile manufacturers setting up their manufacturing facilities in this region is expected to drive industry expansion over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid development taking place across various sectors including automotive, marine and logistics industry. Rising disposable income especially among middle-class population groups in developing countries including China and India are expected drive product demand over next eight years or so till 2030 time frame. However, political instability witnessed across these countries may hamper economic activities which would result into lower utilization rates for truck trailers thereby affecting overall revenue generation rate during same period.
Growth Factors:
- Increasing demand for goods transportation by road is expected to drive the truck trailers market growth.
- Proliferation of e-commerce is anticipated to fuel the demand for truck trailers in the near future.
- Stringent government regulations pertaining to transportation of hazardous and non-hazardous goods are projected to boost the market growth over the forecast period.
- Growing investments in infrastructure development is likely to create new opportunities for truck trailer manufacturers and suppliers in forthcoming years. 5) Technological advancements such as introduction of electric and autonomous trucks are estimated to provide lucrative opportunities for market players in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Trailers Market Research Report
By Type
Automobile Trailers, Boat Trailers, Logging Trailers, Others
By Application
Manufacture, Industriay, Others
By Companies
Great Dane, Utility Trailer Manufacturing, Vanguard National Trailer, Fontaine Trailer, Wabash
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Truck Trailers Market Report Segments:
The global Truck Trailers market is segmented on the basis of:
Types
Automobile Trailers, Boat Trailers, Logging Trailers, 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
Manufacture, Industriay, 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:
- Great Dane
- Utility Trailer Manufacturing
- Vanguard National Trailer
- Fontaine Trailer
- Wabash
Highlights of The Truck Trailers 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:
- Automobile Trailers
- Boat Trailers
- Logging Trailers
- Others
- By Application:
- Manufacture
- Industriay
- 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 Truck Trailers 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?
Truck trailers are large, enclosed vehicles that are towed behind a truck. They can be used for a variety of purposes, including transporting goods and materials.
Some of the major companies in the truck trailers market are Great Dane, Utility Trailer Manufacturing, Vanguard National Trailer, Fontaine Trailer, Wabash.
The truck trailers 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. Truck Trailers 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. Truck Trailers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Truck Trailers Market - Supply Chain
4.5. Global Truck Trailers Market Forecast
4.5.1. Truck Trailers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Truck Trailers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Truck Trailers Market Absolute $ Opportunity
5. Global Truck Trailers 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. Truck Trailers Market Size and Volume Forecast by Type
5.3.1. Automobile Trailers
5.3.2. Boat Trailers
5.3.3. Logging Trailers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Truck Trailers 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. Truck Trailers Market Size and Volume Forecast by Application
6.3.1. Manufacture
6.3.2. Industriay
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Truck Trailers 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. Truck Trailers 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 Truck Trailers 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. Truck Trailers 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 Truck Trailers Demand Share Forecast, 2019-2026
9. North America Truck Trailers 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 Truck Trailers 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 Truck Trailers Market Size and Volume Forecast by Application
9.4.1. Manufacture
9.4.2. Industriay
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Truck Trailers Market Size and Volume Forecast by Type
9.7.1. Automobile Trailers
9.7.2. Boat Trailers
9.7.3. Logging Trailers
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 Truck Trailers Demand Share Forecast, 2019-2026
10. Latin America Truck Trailers 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 Truck Trailers 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 Truck Trailers Market Size and Volume Forecast by Application
10.4.1. Manufacture
10.4.2. Industriay
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Truck Trailers Market Size and Volume Forecast by Type
10.7.1. Automobile Trailers
10.7.2. Boat Trailers
10.7.3. Logging Trailers
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 Truck Trailers Demand Share Forecast, 2019-2026
11. Europe Truck Trailers 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 Truck Trailers 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 Truck Trailers Market Size and Volume Forecast by Application
11.4.1. Manufacture
11.4.2. Industriay
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Truck Trailers Market Size and Volume Forecast by Type
11.7.1. Automobile Trailers
11.7.2. Boat Trailers
11.7.3. Logging Trailers
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 Truck Trailers Demand Share, 2019-2026
12. Asia Pacific Truck Trailers 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 Truck Trailers 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 Truck Trailers Market Size and Volume Forecast by Application
12.4.1. Manufacture
12.4.2. Industriay
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Truck Trailers Market Size and Volume Forecast by Type
12.7.1. Automobile Trailers
12.7.2. Boat Trailers
12.7.3. Logging Trailers
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 Truck Trailers Demand Share, 2019-2026
13. Middle East & Africa Truck Trailers 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 Truck Trailers 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 Truck Trailers Market Size and Volume Forecast by Application
13.4.1. Manufacture
13.4.2. Industriay
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Truck Trailers Market Size and Volume Forecast by Type
13.7.1. Automobile Trailers
13.7.2. Boat Trailers
13.7.3. Logging Trailers
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 Truck Trailers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Truck Trailers Market: Market Share Analysis
14.2. Truck Trailers Distributors and Customers
14.3. Truck Trailers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Great Dane
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Utility Trailer Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vanguard National Trailer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fontaine Trailer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wabash
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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
