US Automotive Trailer Market is estimated to be USD 4.27 Bn in 2023 and is expected to reach USD 5.29 Bn by 2028, growing at a CAGR of 4.38%.The automotive trailer market is driven by expansion of logistics industry coupled with the increase in cold chain transportation, reduction in cost and extra carriage capacity of the trailers
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic Market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the Market, and create price signals.As the Market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
The US Automotive Trailer Market is segmented based on Trailer Type, Axle Type, and Vehicle Type.- By Trailer Type, the market is classified into Dry Van and Box, Refrigerator, Chemical and Liquid, Tippers, Flatbed, and Others.
- By Axle Type, the market is classified into Single Axle, Tandem Axle, and Three or more than Three-Axle.
- By Vehicle Type, the market is classified into Two-Wheelers and Bicycles, Passenger Cars, and Commercial Vehicles.
Company Profiles
The report provides a detailed analysis of the competitors in the Market. It covers the financial performance analysis for the publicly listed companies in the Market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are East Manufacturing Corp., Great Dane Trailers, Hyundai Translead, Mac Trailer Enterprises Inc., etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in Market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the US Automotive Trailer Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the US Automotive Trailer Market using the Ansoff Matrix to provide the best approaches a company can take to improve its Market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for Market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the US Automotive Trailer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about Market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the Market, including parent industry
- Important Market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the Market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the Market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Expansion of Logistics Industry
4.1.2 The Growing Trend for Trailer Houses
4.1.3 Feature Updates - Electronic Braking Systems, Rubber Mounted Sealed Beam LED Lights, etc.
4.2 Restraints
4.2.1 High Maintenance Cost
4.3 Opportunities
4.3.1 Technology Uptake- Electric Tractor-Trailers, Advanced ADAS System, etc.
4.3.2 Increasing Attention to Trailer Platooning
4.4 Challenges
4.4.1 Lack of Drivers
4.4.2 Growing Environment Concerns Regarding Refrigerated Trailer
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 US’ Automotive Trailer Market, By Trailer Type
6.1 Introduction
6.2 Dry Van & Box
6.3 Refrigerator
6.4 Chemical & Liquid
6.5 Tippers
6.6 Flatbed
6.7 Others (Enclosed Cargo Trailers, Tank Trailers, Dump Trailers)
7 US’ Automotive Trailer Market, By Axle Type
7.1 Introduction
7.2 Single Axle
7.3 Tandem Axle
7.4 Three or More Than Three-Axle
8 US’ Automotive Trailer Market, By Vehicle Type
8.1 Introduction
8.2 Two-Wheeler and Bicycle
8.3 Passenger Cars
8.4 Commercial Vehicles
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 Aluma Ltd.
10.2 ATW (American Trailer World) Corp.
10.3 Big Tex Trailers
10.4 Cargo Craft, Inc.
10.5 Down to Earth Trailers
10.6 East Manufacturing Corp.
10.7 Fontaine Commercial Trailer, Inc.
10.8 Great Dane
10.9 HDT Global, Inc.
10.10 HYUNDAI Translead, Inc.
10.11 Mac Trailer Enterprises Inc.
10.12 MAXXD Trailers
10.13 Miller Industries Inc.
10.14 Pace American Trailers
10.15 Pitts Trailers
10.16 Polar Tank Trailer, LLC
10.17 Schmitz Cargobull Ag
10.18 Sundowner Trailers, Inc.
10.19 Trail King Industries, Inc.
10.20 Utility Trailer Manufacturing Co.
10.21 Vanguard National Trailer Corp.
10.22 Wabash National Corp.
10.23 Wells Cargo
10.24 Wilson Trailer Co.
11 Appendix
11.1 Questionnaire
Companies Mentioned
- Aluma Ltd.
- ATW (American Trailer World) Corp.
- Big Tex Trailers
- Cargo Craft, Inc.
- Down to Earth Trailers
- East Manufacturing Corp.
- Fontaine Commercial Trailer, Inc.
- Great Dane
- HDT Global, Inc.
- HYUNDAI Translead, Inc.
- Mac Trailer Enterprises Inc.
- MAXXD Trailers
- Miller Industries Inc.
- Pace American Trailers
- Pitts Trailers
- Polar Tank Trailer, LLC
- Schmitz Cargobull Ag
- Sundowner Trailers, Inc.
- Trail King Industries, Inc.
- Utility Trailer Manufacturing Co.
- Vanguard National Trailer Corp.
- Wabash National Corp.
- Wells Cargo
- Wilson Trailer Co.
