IT & Communication Technology

Global Semi-Trailer Market Share, Size, Key Players, Industry Growth | Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co KG, Kogel Trailer GmbH & Co. KG

The Semi-Trailer by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Semi-Trailer Market:
https://www.thebusinessresearchcompany.com/report/semi-trailer-global-market-report

According to The Business Research Company’s Semi-Trailer, The semi-trailer market size has grown strongly in recent years. It will grow from $29.4 billion in 2023 to $31.73 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to freight transportation demand, infrastructure development, economic growth, e-commerce boom, global trade expansion.

The semi-trailer market size is expected to see strong growth in the next few years. It will grow to $42.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to sustainable transportation, digitalization in logistics, last-mile delivery solutions, infrastructure investments, autonomous freight transportation. Major trends in the forecast period include advanced technologies, electric and hybrid semi-trailers, connectivity and iot integration, automation and autonomous features, advanced safety features.

The rise in urbanization is expected to propel the growth of the semi-trailer market going forward. Urbanization is the process by which cities develop and a rising proportion of the population moves there to live. Semi-trailers help in the transportation of goods and for carrying a large proportion of cargo, raw materials, and finished products, as a result, rising urbanization increases the demand for the semi-trailer market. For instance, according to the World Bank, globally, over 50% of the population lives in urban areas today. By 2045, the world’s urban population will increase by 1.5 times to 6 billion . Therefore, rising urbanization is driving the semi-trailers market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=7312&type=smp

The semi-trailer market covered in this report is segmented –
1) Semi-Trailer Market By Type: Flatbed, Lowboy, Dry Van, Refrigerated, Tankers, Other Types
2) Semi-Trailer Market By Length: Up To 45 Feet, Above 45 Feet
3) Semi-Trailer Market By End-Use: Heavy Industry, FMCG, Chemical, Automotive, Oil And Gas, Healthcare, Logistics, Other End-Users

Top Major Players

International Business Machines Corporation

Xerox Corporation

Blue Prism Group PLC

Automation Anywhere Inc.

CA Technologies

The increased demand for trailer technology advancement is a key trend in the semi-trailer market. Major companies operating in the semi-trailer market are coming up with new technologies for trailers to sustain their position in the market. For instance, in July 2022, Ashok Leyland, a Indian automotive industry company, launched AVTR 4220 with 41.5T GCW and AVTR 4420 with 43.5T GCW in 4×2 tractor segment. The unique features of these two tractor-trailers include a Proven H6 engine 6-cylinder engine with i-Gen6 technology, GCW options of 41.5T and 43.5T with compatible 2 axle trailer, improved fluid efficiency and lower DEF usage, and additional cabin options. These trailers were designed to enable company to produce custom-tailored products to meet the needs of each customer.

The semi-trailer market report table of contents includes:

1. Executive Summary

2. Semi-Trailer Market Characteristics

3. Semi-Trailer Market Trends And Strategies

4. Semi-Trailer Market – Macro Economic Scenario

5. Global Semi-Trailer Market Size and Growth

…..

31. Global Semi-Trailer Market Competitive Benchmarking

32. Global Semi-Trailer Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Semi-Trailer Market

34. Semi-Trailer Market Future Outlook and Potential Analysis

35. Appendix

Read Related Reports:

https://www.thebusinessresearchcompany.com/report/specialized-freight-trucking-global-market-report

https://www.thebusinessresearchcompany.com/report/motor-vehicle-and-parts-dealers-global-market-report

https://www.thebusinessresearchcompany.com/report/automotive-equipment-leasing-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Building-To-Grid Technology Market Expansion 2024-2033: Growth Drivers and Dynamics

The building-to-grid technology global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Automatic Bread Machine Market Outlook 2024-2033: Trends and Projections

The automatic bread machine global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Global Acrylic Surface Coating Market Overview 2024: Size, Growth Rate, and Segments

The acrylic surface coating global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Vehicle-To-Infrastructure (V2I) Communication Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies

The vehicle-to-infrastructure (v2i) communication global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Global Solvent-Based Inks Market Analysis 2024: Size Forecast and Growth Prospects

The solvent-based inks global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Remote Browser Isolation Market Expansion 2024-2033: Growth Drivers and Dynamics

The remote browser isolation global market report 2024 from The Business Research Company provides comprehensive…

1 day ago