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Semi-trailer Market Size, Share & Trends Analysis Report by Type (Flat Bed Trailer, Dry Vans, Refrigerated Trailers, Lowboy Trailers, Tankers), by Region (North America, Europe, APAC, LATAM, MEA), and Segment Forecasts, 2021-2028

  • ID: 5397847
  • Report
  • July 2021
  • Region: Global
  • 76 pages
  • Grand View Research

FEATURED COMPANIES

  • Great Dane
  • Schmitz Cargobull
  • MORE
The global semi-trailer market size is anticipated to reach USD 29.36 billion by 2028, expanding at a CAGR of 5.8%. Increasing demand across the construction, defense, automotive, and energy sectors is anticipated to be a key factor driving market growth. In addition, increasing dependence of e-commerce companies on third-party logistics (3PL) providers to ensure transportation of goods through hub and spoke distribution model is also expected to augment market growth in the coming years.



Furthermore, expanding cold chain and logistics industry is contributing significantly to the market growth. Less than truckload (LTL) and full truckload (FTL) freight shipping companies worldwide are increasingly adopting semi-trailers due to the versatility being offered in terms of load-carrying capacity. As compared to rigid trucks, semi-trailers offer the lowest cost of transportation per ton per km, which is further enhancing its adoption.

Over the last few years, the product demand has witnessed strong growth on account of positive growth observed in the oil & gas industry. In the coming years, the market is poised to register steady growth due to relaxation of regulations with respect to length and load-carrying capacity of semi-trailers. Government regulations supporting the introduction of lightweight and eco-friendly transport vehicles are expected to shape the future market demand. However, lack of proper infrastructure required for transportation, especially in emerging economies is hampering the semi-trailer market growth.

Manufacturers are increasingly incorporating advanced technologies such as driver assistance systems (DAS) and other connectivity solutions into their products to help their consumers (fleet operators/logistics service providers) enhance operational efficiency. Furthermore, growing preference for platooning and introduction of electric semi-trailer trucks are expected to create huge opportunities for the manufacturers in the coming years. Manufacturers are increasingly focusing on introducing lightweight transport vehicles through improved designs and lighter components to ensure greater productivity and payload.

Semi-trailer Market Report Highlights
  • The dry vans segment is expected to witness a revenue-based CAGR of more than 4.0% due to growth in the retail and fast-moving consumable goods (FMCG) industry, especially in the developing economies.
  • The Asia Pacific market is expected to witness substantial growth owing to improving road infrastructure and anticipated growth in the automobile industry. Automotive companies are manufacturing many cars and two-wheelers which are being transported through semi-trailers to end-consumers.
  • The market is highly consolidated with the presence of established players such as Wabash National Corporation, Schmitz Cargobull, Great Dane, and Kogel Trailer GmbH.
  • Players are focusing on R&D investments, acquisitions and mergers, and product innovation in order to strengthen their market presence. For instance, in 2017 Wabash National Corporation entered into a definitive agreement to acquire Supreme Industries, Inc. to enhance its market presence in dry vans..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Great Dane
  • Schmitz Cargobull
  • MORE
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Research Methodology
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Internal database
1.4.3 List of Secondary Sources
1.4.4 Primary Research
1.5 Information Analysis
1.6 Market Formulation & Data Visualization
1.7 Data Validation & Publishing

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Semi-trailer Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping
3.2 Industry Value Chain Analysis
3.3 Semi-trailer Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Improving Road and Traffic Infrastructure
3.3.1.2 Expanding Cold Chain Industry
3.3.2 Market Restraint Analysis
3.3.2.1 Local Players in Unorganized Sector
3.3.3 Market Opportunity Analysis
3.3.3.1 Offering of Custom Built Semi-trailers
3.4 Semi-trailer Industry Analysis - Porter’s
3.5 Semi-trailer Industry Analysis - PEST
3.6 Semi-trailer Market: Key Company Analysis, 2020

Chapter 4 Semi-trailer Market: Type Segment Analysis
4.1 Semi-trailer Market: By Type Segment Outlook & Market Share 2020 and 2028
4.2 Flat Bed Trailer
4.2.1 Flat Bed Trailer Market, By Region, 2016 - 2028
4.3 Dry Vans
4.3.1 Dry Vans Market, By Region, 2016 - 2028
4.4 Refrigerated Trailers
4.4.1 Refrigerated Trailers Market, By Region, 2016 - 2028
4.5 Lowboy Trailers
4.5.1 Lowboy trailers Market, By Region, 2016 - 2028
4.6 Tankers
4.6.1 Tankers Market, By Region, 2016 - 2028
4.7 Others
4.7.1 Others Market, By Region, 2016 - 2028

Chapter 5 Semi-trailer Market: Regional Segment Analysis
5.1 Semi-trailer Market: By Region Segment Outlook & Market Share 2020 and 2028
5.2 North America
5.2.1 North America Semi-trailer Market, By Type, 2016 - 2028
5.2.2 U.S.
5.2.2.1 U.S. Semi-trailer Market, By type, 2016 - 2028
5.2.3 Canada
5.2.3.1 Canada Semi-trailer Market, By type, 2016 - 2028
5.3 Europe
5.3.1 Europe Semi-trailer Market, By Type, 2016 - 2028
5.3.2 Germany
5.3.2.1 Germany Semi-trailer Market, By type, 2016 - 2028
5.3.3 U.K.
5.3.3.1 U.K. Semi-trailer Market, By type, 2016 - 2028
5.3.4 France
5.3.4.1 France Semi-trailer Market, By type, 2016 - 2028
5.3.5 Rest of Europe
5.3.5.1 Rest of Europe Semi-trailer Market, By type, 2016 - 2028
5.4 Asia Pacific
5.4.1 Asia Pacific Semi-trailer Market, By Type, 2016 - 2028
5.4.2 China
5.4.2.1 China Semi-trailer Market, By type, 2016 - 2028
5.4.3 India
5.4.3.1 India Semi-trailer Market, By type, 2016 - 2028
5.4.4 Japan
5.4.4.1 Japan Semi-trailer Market, By type, 2016 - 2028
5.4.5 Rest of Asia Pacific
5.4.5.1 Rest of Asia Pacific Semi-trailer Market, By type, 2016 - 2028
5.5 Latin America
5.5.1 Latin America Semi-trailer Market, By Type, 2016 - 2028
5.5.2 Brazil
5.5.2.1 Brazil Semi-trailer Market, By type, 2016 - 2028
5.5.3 Mexico
5.5.3.1 Mexico Semi-trailer Market, By type, 2016 - 2028
5.5.4 Rest of Latin America
5.5.4.1 Rest of Latin America Semi-trailer Market, By type, 2016 - 2028
5.6 Middle East & Africa (MEA)
5.6.1 MEA Semi-trailer Market, By Type, 2016 - 2028

Chapter 6 Competitive Landscape
6.1 Company Profiles
6.1.1 China International Marine Containers (Group) Ltd.
6.1.1.1 Company Overview
6.1.1.2 Financial performance
6.1.1.3 Product Benchmarking
6.1.2 Fontaine Commercial Trailer, Inc.
6.1.2.1 Company Overview
6.1.2.2 Financial performance
6.1.2.3 Product Benchmarking
6.1.3 Great Dane
6.1.3.1 Company Overview
6.1.3.2 Financial performance
6.1.3.3 Product Benchmarking
6.1.3.4 Strategic Initiatives
6.1.4 Kogel Trailer GmbH & Co.KG
6.1.4.1 Company Overview
6.1.4.2 Financial performance
6.1.4.3 Product Benchmarking
6.1.4.4 Strategic Initiatives
6.1.5 Krone Commercial Vehicle Group (Bernard Krone Holding)
6.1.5.1 Company Overview
6.1.5.2 Financial performance
6.1.5.3 Product Benchmarking
6.1.5.4 Strategic Initiatives
6.1.6 Lamberet SAS (Xinfei France SA)
6.1.6.1 Company Overview
6.1.6.2 Financial performance
6.1.6.3 Product Benchmarking
6.1.7 Polar Tank Trailer, LLC (EnTrans International, LLC Company)
6.1.7.1 Company Overview
6.1.7.2 Financial performance
6.1.7.3 Product Benchmarking
6.1.8 Schmitz Cargobull
6.1.8.1 Company Overview
6.1.8.2 Financial performance
6.1.8.3 Product Benchmarking
6.1.8.4 Strategic Initiatives
6.1.9 Utility Trailer Manufacturing Company
6.1.9.1 Company Overview.
6.1.9.2 Financial performance
6.1.9.3 Product Benchmarking
6.1.9.4 Strategic Initiatives
6.1.10 Wabash National Corporation
6.1.10.1 Company Overview.
6.1.10.2 Financial performance
6.1.10.3 Product Benchmarking
6.1.10.4 Strategic Initiatives

List of Tables
Table 1 Flat bed trailer market volume, by region, 2016 - 2028 (Thousand Units)
Table 2 Flat bed trailer market value, by region, 2016 - 2028 (USD million)
Table 3 Dry vans market volume, by region, 2016 - 2028 (Thousand Units)
Table 4 Dry vans market value, by region, 2016 - 2028 (USD million)
Table 5 Refrigerated trailers market volume, by region, 2016 - 2028 (Thousand Units)
Table 6 Refrigerated trailers market value, by region, 2016 - 2028 (USD million)
Table 7 Lowboy trailers market volume, by region, 2016 - 2028 (Thousand Units)
Table 8 Lowboy trailers market value, by region, 2016 - 2028 (USD million)
Table 9 Tankers market volume, by region, 2016 - 2028 (Thousand Units)
Table 10 Tankers market value, by region, 2016 - 2028 (USD million)
Table 11 Others market volume, by region, 2016 - 2028 (Thousand Units)
Table 12 Others market value, by region, 2016 - 2028 (USD million)
Table 13 North America semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 14 North America semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 15 U.S. semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 16 U.S. semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 17 Canada semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 18 Canada semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 19 Europe semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 20 Europe semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 21 Germany semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 22 Germany semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 23 U.K. semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 24 U.K. semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 25 France semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 26 France semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 27 Rest of Europe semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 28 Rest of Europe semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 29 Asia Pacific semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 30 Asia Pacific semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 31 China semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 32 China semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 33 India semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 34 India semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 35 Japan semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 36 Japan semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 37 Rest of Asia Pacific semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 38 Rest of Asia Pacific semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 39 Latin America semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 40 Latin America semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 41 Brazil semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 42 Brazil semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 43 Mexico semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 44 Mexico semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 45 Rest of Latin America semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 46 Rest of Latin America semi-trailer market value, by type, 2016 - 2028 (USD Million)
Table 47 MEA semi-trailer market volume, by type, 2016 - 2028 (Thousand Units)
Table 48 MEA semi-trailer market value, by type, 2016 - 2028 (USD Million)

List of Figures
Fig. 1 Semi-trailer market segmentation
Fig. 2 Market research process
Fig. 3 Primary research process
Fig. 4 Information Analysis
Fig. 5 Data validation and publishing
Fig. 6 Semi-trailer market snapshot
Fig. 7 Penetration & growth prospect mapping
Fig. 8 Industry value chain analysis
Fig. 9 Market driver analysis
Fig. 10 China Annual Fixed Asset Investment (FAI) on Road Transportation, 2012 - 2020
Fig. 11 Market restraint analysis
Fig. 12 Porter’s analysis
Fig. 13 PEST analysis
Fig. 14 Semi-trailer market: By type segment outlook & market share, 2020 and 2028
Fig. 15 Semi-trailer market: By region segment outlook & market share, 2020 and 2028
Note: Product cover images may vary from those shown
  • China International Marine Containers (Group) Ltd.
  • Fontaine Commercial Trailer, Inc.
  • Great Dane
  • Kogel Trailer GmbH & Co.KG
  • Krone Commercial Vehicle Group (Bernard Krone Holding)
  • Lamberet SAS (Xinfei France SA)
  • Polar Tank Trailer, LLC (EnTrans International, LLC Company)
  • Schmitz Cargobull
  • Utility Trailer Manufacturing Company
  • Wabash National Corporation
Note: Product cover images may vary from those shown

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