A trailer stabilizer refers to a mechanical or hydraulic device that supports and stabilizes trailers, preventing them from tipping or swaying when parked or during loading and unloading operations. It helps improve safety and stability when trailers are detached from the towing vehicle.
The main types of trailer stabilizers are multiple-axle trailer stabilizers, tandem-axle trailer stabilizers, and single-axle trailer stabilizers. A tandem axle trailer stabilizer refers to a device or system designed to provide stability and support to a tandem axle trailer that is used to prevent unwanted movement and rocking of trailers with two axles. They are used for light car trailers and heavy vehicle trailer applications of commercial and recreational industries.
The trailer stabilizer market research report is one of a series of new reports that provides trailer stabilizers market statistics, including trailer stabilizers industry global market size, regional shares, competitors with a trailer stabilizers market share, detailed trailer stabilizers market segments, market trends and opportunities, and any further data you may need to thrive in the trailer stabilizers industry. This trailer stabilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The trailer stabilizer market size has grown strongly in recent years. It will grow from $10.14 billion in 2023 to $10.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to regulatory compliance, rising awareness of safety, global expansion in logistics, increasing freight transportation, cost reduction strategies.
The trailer stabilizer market size is expected to see steady growth in the next few years. It will grow to $13.07 billion in 2028 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to market competition and vendor strategies, continued regulatory emphasis, emergence of autonomous vehicles, e-commerce boom, data-driven solutions. Major trends in the forecast period include collaborations and partnerships, integration of advanced materials, integration of smart technologies, increased customization for diverse applications.
The surge in recreational vehicle demand is anticipated to drive growth in the trailer stabilizer market moving forward. Recreational vehicles, also known as motorhomes or campervans, are motorized or towable vehicles designed for leisure travel and living. They typically include features such as sleeping accommodations, kitchen amenities, and bathrooms to provide travelers with a home-like experience. Trailer stabilizers are deployed on recreational vehicles to enhance stability, level the trailer when parked, and prevent swaying and rocking, thereby ensuring a more comfortable and safer environment inside the vehicle. For example, in December 2021, as reported by the Recreational Vehicles Industry Association, a US-based association of recreational vehicle manufacturers, total recreational vehicle shipments for 2021 increased by 39.5% compared to 2020, reaching a record of 600,240 wholesale shipments. Consequently, the growing demand for recreational vehicles will propel the expansion of the trailer stabilizer market.
The anticipated rise in remote work is expected to drive the growth of the trailer stabilizer market in the coming years. Remote work, conducted outside traditional office settings such as from home or other locations, necessitates reliable trailer stabilizers to provide secure and stable support for mobile offices or remote job sites. This ensures a safe and comfortable environment for individuals working in trailers or temporary setups. For example, as of September 2022, based on data from the United States Census Bureau, nearly 48.3% of the workforce in the District of Columbia engaged in remote work in 2021 - the highest percentage of individuals working from home among states and state equivalents. Similarly, notable percentages of remote workers were observed in Washington (24.2%), Maryland (24%), Colorado (23.7%), and Massachusetts (23.7%). Consequently, the increasing prevalence of remote work is fueling the growth of the trailer stabilizer market.
The primary obstacle to the growth of the trailer stabilizer market during the forecast period is the increasing environmental concerns. The production and disposal of trailer stabilizers have significant ecological impacts, with the manufacturing process consuming resources and energy. Additionally, the disposal of these devices at the end of their lifespan contributes to various forms of pollution. For example, as reported by the Environmental and Energy Study Institute (EESI) in December 2021, approximately 300 million tons of plastic waste are generated annually, highlighting the issue of plastic pollution from trailer stabilizer devices. Hence, the escalation of environmental concerns is impeding the expansion of the trailer stabilizer market.
Leading companies in the trailer stabilizer market are dedicated to developing innovative products like the scissor jack conversion kit, aimed at enhancing stability, safety, and gaining a competitive edge. SnapJack is a permanent jack pad upgrade for scissor jacks that replaces standard original equipment manufacturer (OEM) bowtie feet with a custom metal jack, necessary hardware, and a permanently attached RV SnapPad. For example, in March 2023, Origen RV Accessories Ltd., a Canada-based manufacturer of RV SnapPad, introduced the SnapJack proprietary scissor jack conversion kit for travel trailers and other towables. SnapJack represents the industry's pioneering scissor jack with a permanent jack pad modification, replacing the standard OEM bowtie foot with a custom metal jack and including all required hardware along with a pre-installed SnapPad. The SnapJack kit replaces the conventional foot of scissor jacks with a premium custom-made metal jack and pre-installed SnapPad, enhancing jack stability and reducing trailer movement and rocking.
In August 2022, Cummins Inc., a leading US-based manufacturer of diesel and natural gas engines, hybrid engines, and generators, completed the acquisition of Meritor Inc. for $3.7 billion. This acquisition provides Cummins Inc. with access to Meritor's personnel, products, and expertise in axle and brake technology, enhancing Cummins' capabilities in powertrain solutions for both internal combustion and electric applications. Cummins plans to leverage its global platform to drive growth in its axle and brake businesses, serving customers in commercial trucking, trailers, off-highway vehicles, defense, specialty markets, and the aftermarket segment worldwide. Meritor Inc., also based in the US, specializes in manufacturing automobile components, supplying original equipment manufacturer (OEM) and aftermarket components for trailer axles and tandem axles.
Major companies operating in the trailer stabilizer market report are Continental AG, Homesteader Industries Inc., Lippert Components Inc., Big Tex Trailers Inc., Camco Manufacturing LLC, CURT Manufacturing LLC, Kaufman Trailers Inc., Vestil Manufacturing Corp., Westfalia Technologies Inc., Pace American Inc., Dennison Trailers Ltd., Legend Manufacturing Inc., Magna Tech Inc., Top Hat Trailers Inc., Reese Towpower, Aluma Trailers Ltd., Wesco Industrial Products LLC, WABCO Holding Inc., Fastway Trailer Products, Barker Manufacturing Company, Stromberg Carlson Products Inc., Ultra-Fab Products Inc., Futura Trailers Ltd., Woodford Trailers Ltd., SylvanSport LLC, Aldon Company Inc., Husky Towing Products, EAZ LIFT, K&S Stabilizers, BAL RV Products.
Asia-Pacific was the largest region in the trailer stabilizer market in 2023. The regions covered in the trailer stabilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the trailer stabilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The trailer stabilizer market consists of sales of manual jack stands, scissor jacks, hydraulic stabilizers, and electric stabilizers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Trailer Stabilizer Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on trailer stabilizer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for trailer stabilizer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The trailer stabilizer market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Multiple Axle Trailer Stabilizer; Tandem Axle Trailer Stabilizer; Single Axle Trailer Stabilizer.2) By Application: Light Car Trailer; Heavy Vehicle Trailer
3) By Industry Type: Commercial; Recreational
Key Companies Mentioned: Continental AG; Homesteader Industries Inc.; Lippert Components Inc.; Big Tex Trailers Inc.; Camco Manufacturing LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Continental AG
- Homesteader Industries Inc.
- Lippert Components Inc.
- Big Tex Trailers Inc.
- Camco Manufacturing LLC
- CURT Manufacturing LLC
- Kaufman Trailers Inc.
- Vestil Manufacturing Corp.
- Westfalia Technologies Inc.
- Pace American Inc.
- Dennison Trailers Ltd
- Legend Manufacturing Inc.
- Magna Tech Inc.
- Top Hat Trailers Inc.
- Reese Towpower
- Aluma Trailers Ltd.
- Wesco Industrial Products LLC
- WABCO Holding Inc.
- Fastway Trailer Products
- Barker Manufacturing Company
- Stromberg Carlson Products Inc.
- Ultra-Fab Products Inc.
- Futura Trailers Ltd.
- Woodford Trailers Ltd.
- SylvanSport LLC
- Aldon Company Inc.
- Husky Towing Products
- EAZ LIFT
- K&S Stabilizers
- BAL RV Products
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | March 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 10.77 Billion |
| Forecasted Market Value ( USD | $ 13.07 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
