Semi-trailer Market Size, Share & Trends Analysis Report By Type (Dry Vans, Refrigerated Trailers, Tanker), By Region (North America, Asia Pacific, Europe, Latin America, Middle East and Africa), And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 90 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)

The global semi-trailer market size is anticipated to attain USD 24.8 billion by 2025, expanding at a CAGR of 3.1%, according to a study conducted by Grand View Research, Inc. 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 light-weight transport vehicles through improved designs and lighter components to ensure greater productivity and payload.

Further key findings from the study suggest:

• 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.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research Methodology
                  1.2. Research Scope & Assumptions
                  1.3. List of Data Sources
                  1.4. List of Abbreviations
Chapter 2. Executive Summary
                  2.1. Semi-trailer Market - Industry Snapshot & Key Buying Criteria, 2015 - 2025
                  2.2. Market Summary
                  2.3. Semi-trailer Market, 2015 - 2025
Chapter 3. Semi-trailer Market Variables, Trends & Scope
                  3.1. Market Segmentation
                  3.2. Semi-trailer Market-Value Chain Analysis
                  3.3. Semi-trailer Market Dynamics
                      3.3.1. Market driver analysis
                      3.3.2. Market restraint analysis
                  3.4. Key Company Ranking - Semi-trailer Market
                  3.5. Semi-trailer Penetration & Growth Prospects Mapping
                  3.6. Semi-trailer Market - Porter's Five Forces
                  3.7. Semi-trailer Market - PEST Analysis
                  3.8. Regulatory Framework
Chapter 4. Semi-trailer Type Outlook
                  4.1. Semi-trailer Market, By Type, 2018 & 2025
                  4.2. Flat Bed Trailer
                      4.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.2.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.2.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.2.4. Market estimates and forecast by region, 2015 - 2025 (Units)
                  4.3. Dry Vans
                      4.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.3.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.3.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.3.4. Market estimates and forecast by region, 2015 - 2025 (Units)
                  4.4. Refrigerated Trailers
                      4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.4.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.4.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.4.4. Market estimates and forecast by region, 2015 - 2025 (Units)
                  4.5. Lowboy Trailers
                      4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.5.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.5.4. Market estimates and forecast by region, 2015 - 2025 (Units)
                  4.6. Tanker
                      4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.6.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.6.4. Market estimates and forecast by region, 2015 - 2025 (Units)
                  4.7. Others
                      4.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.7.2. Market estimates and forecast, 2015 - 2025 (Units)
                      4.7.3. Market estimates and forecast by region, 2015 - 2025 (USD Million)
                      4.7.4. Market estimates and forecast by region, 2015 - 2025 (Units)
Chapter 5. Semi-trailer Regional Outlook
                  5.1. Semi-trailer Market, By Region, 2018 & 2025
                  5.2. North America
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.2.2. Market estimates and forecast, 2015 - 2025 (Units)
                      5.2.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                      5.2.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.2.5. U.S.
                          5.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.2.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.2.5.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.2.5.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.2.6. Canada
                          5.2.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.2.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.2.6.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.2.6.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                  5.3. Europe
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.3.2. Market estimates and forecast, 2015 - 2025 (Units)
                      5.3.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                      5.3.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.3.5. U.K.
                          5.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.3.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.3.5.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.3.5.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.3.6. Germany
                          5.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.3.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.3.6.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.3.6.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.3.7. France
                          5.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.3.7.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.3.7.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.3.7.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                  5.4. Asia Pacific
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.4.2. Market estimates and forecast, 2015 - 2025 (Units)
                      5.4.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                      5.4.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.4.5. China
                          5.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.4.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.4.5.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.4.5.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.4.6. India
                          5.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.4.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.4.6.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.4.6.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.4.7. Japan
                          5.4.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.4.7.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.4.7.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.4.7.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                  5.5. Latin America
                      5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                      5.5.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                      5.5.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.5.5. Brazil
                          5.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.5.5.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.5.5.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.5.5.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                      5.5.6. Mexico
                          5.5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          5.5.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                          5.5.6.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                          5.5.6.4. Market estimates and forecast by type, 2015 - 2025 (Units)
                  5.6. Middle East & Africa
                      5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.6.2. Market estimates and forecast, 2015 - 2025 (Units)
                      5.6.3. Market estimates and forecast by type, 2015 - 2025 (USD Million)
                      5.6.4. Market estimates and forecast by type, 2015 - 2025 (Units)
Chapter 6. Competitive Landscape
                  6.1. Great Dane
                      6.1.1. Company overview
                      6.1.2. Financial performance
                      6.1.3. Product benchmarking
                      6.1.4. Recent developments
                  6.2. Krone
                      6.2.1. Company overview
                      6.2.2. Financial performance
                      6.2.3. Product benchmarking
                      6.2.4. Recent developments
                  6.3. Schmitz Cargobull
                      6.3.1. Company overview
                      6.3.2. Financial performance
                      6.3.3. Product benchmarking
                      6.3.4. Recent developments
                  6.4. China International Marine Containers Co., Ltd.
                      6.4.1. Company overview
                      6.4.2. Financial performance
                      6.4.3. Product benchmarking
                      6.4.4. Recent developments
                  6.5. Fontaine Commercial Trailer, Inc.
                      6.5.1. Company overview
                      6.5.2. Financial performance
                      6.5.3. Product benchmarking
                      6.5.4. Recent developments
                  6.6. Kogel Trailer GmbH & Co.KG
                      6.6.1. Company overview
                      6.6.2. Financial performance
                      6.6.3. Product benchmarking
                      6.6.4. Recent developments
                  6.7. Lamberet SAS
                      6.7.1. Company overview
                      6.7.2. Financial performance
                      6.7.3. Product benchmarking
                      6.7.4. Recent developments
                  6.8. Polar Tank
                      6.8.1. Company overview
                      6.8.2. Financial performance
                      6.8.3. Product benchmarking
                      6.8.4. Recent developments
                  6.9. Utility Trailer Manufacturing Company
                      6.9.1. Company overview
                      6.9.2. Financial performance
                      6.9.3. Product benchmarking
                      6.9.4. Recent developments
                  6.10. Wabash National Corporation
                      6.10.1. Company overview
                      6.10.2. Financial performance
                      6.10.3. Product benchmarking
                      6.10.4. Recent developments

List of Tables

Table 1 List of Abbreviation
Table 2 Semi-trailer market - Industry snapshot & key buying criteria, 2015 - 2025
Table 3 Semi-trailer market, 2015 - 2025 (USD Million)
Table 4 Semi-trailer market, 2015 - 2025 (Units)
Table 5 Semi-trailer market, by type 2015 - 2025 (USD Million)
Table 6 Semi-trailer market, by type, 2015 - 2025 (Units)
Table 7 Semi-trailer market, by region, 2015 - 2025 (USD Million)
Table 8 Semi-trailer market, by region, 2015 - 2025 (Units)
Table 9 Semi-trailer market - Regulatory framework
Table 10 Flat Bed Trailer market, 2015 - 2025 (USD Million)
Table 11 Flat Bed Trailer market, 2015 - 2025 (Units)
Table 12 Dry Vans market, 2015 - 2025 (USD Million)
Table 13 Dry Vans market, 2015 - 2025 (Units)
Table 14 Refrigerated Trailers market, 2015 - 2025 (USD Million)
Table 15 Refrigerated Trailers market, 2015 - 2025 (Units)
Table 16 Lowboy Trailers market, 2015 - 2025 (USD Million)
Table 17 Lowboy Trailers market, 2015 - 2025 (Units)
Table 18 Tanker market, 2015 - 2025 (USD Million)
Table 19 Tanker market, 2015 - 2025 (Units)
Table 20 Others market, 2015 - 2025 (USD Million)
Table 21 Others market, 2015 - 2025 (Units)
Table 22 North America Semi-trailer market, 2015 - 2025 (USD Million)
Table 23 North America Semi-trailer market, 2015 - 2025 (Units)
Table 24 North America Semi-trailer, by type, 2015 - 2025 (USD Million)
Table 25 North America Semi-trailer, by type, 2015 - 2025 (Units)
Table 26 U.S. Semi-trailer market, 2015 - 2025 (USD Million)
Table 27 U.S. Semi-trailer market, 2015 - 2025 (Units)
Table 28 U.S. Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 29 U.S. Semi-trailer market, by type, 2015 - 2025 (Units)
Table 30 Canada Semi-trailer market, 2015 - 2025 (USD Million)
Table 31 Canada Semi-trailer market, 2015 - 2025 (Units)
Table 32 Canada Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 33 Canada Semi-trailer market, by type, 2015 - 2025 (Units)
Table 34 Europe Semi-trailer market, 2015 - 2025 (USD Million)
Table 35 Europe Semi-trailer market, 2015 - 2025 (Units)
Table 36 Europe Semi-trailer, by type, 2015 - 2025 (USD Million)
Table 37 Europe Semi-trailer, by type, 2015 - 2025 (Units)
Table 38 U.K. Semi-trailer market, 2015 - 2025 (USD Million)
Table 39 U.K. Semi-trailer market, 2015 - 2025 (Units)
Table 40 U.K. Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 41 U.K. Semi-trailer market, by type, 2015 - 2025 (Units)
Table 42 Germany Semi-trailer market, 2015 - 2025 (USD Million)
Table 43 Germany Semi-trailer market, 2015 - 2025 (Units)
Table 44 Germany Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 45 Germany Semi-trailer market, by type, 2015 - 2025 (Units)
Table 46 France Semi-trailer market, 2015 - 2025 (USD Million)
Table 47 France Semi-trailer market, 2015 - 2025 (Units)
Table 48 France Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 49 France Semi-trailer market, by type, 2015 - 2025 (Units)
Table 50 Asia Pacific Semi-trailer market, 2015 - 2025 (USD Million)
Table 51 Asia Pacific Semi-trailer market, 2015 - 2025 (Units)
Table 52 Asia Pacific Semi-trailer, by type, 2015 - 2025 (USD Million)
Table 53 Asia Pacific Semi-trailer, by type, 2015 - 2025 (Units)
Table 54 China Semi-trailer market, 2015 - 2025 (USD Million)
Table 55 China Semi-trailer market, 2015 - 2025 (Units)
Table 56 China Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 57 China Semi-trailer market, by type, 2015 - 2025 (Units)
Table 58 India Semi-trailer market, 2015 - 2025 (USD Million)
Table 59 India Semi-trailer market, 2015 - 2025 (Units)
Table 60 India Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 61 India Semi-trailer market, by type, 2015 - 2025 (Units)
Table 62 Japan Semi-trailer market, 2015 - 2025 (USD Million)
Table 63 Japan Semi-trailer market, 2015 - 2025 (Units)
Table 64 Japan Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 65 Japan Semi-trailer market, by type, 2015 - 2025 (Units)
Table 66 Latin America Semi-trailer market, 2015 - 2025 (USD Million)
Table 67 Latin America Semi-trailer market, 2015 - 2025 (Units)
Table 68 Latin America Semi-trailer, by type, 2015 - 2025 (USD Million)
Table 69 Brazil Semi-trailer market, 2015 - 2025 (USD Million)
Table 70 Brazil Semi-trailer market, 2015 - 2025 (Units)
Table 71 Brazil Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 72 Brazil Semi-trailer market, by type, 2015 - 2025 (Units)
Table 73 Mexico Semi-trailer market, 2015 - 2025 (USD Million)
Table 74 Mexico Semi-trailer market, 2015 - 2025 (Units)
Table 75 Mexico Semi-trailer market, by type, 2015 - 2025 (USD Million)
Table 76 Mexico Semi-trailer market, by type, 2015 - 2025 (Units)
Table 77 Middle East & Africa Semi-trailer market, 2015 - 2025 (USD Million)
Table 78 Middle East & Africa Semi-trailer market, 2015 - 2025 (Units)
Table 79 Middle East & Africa Semi-trailer, by type, 2015 - 2025 (USD Million)
Table 80 Middle East & Africa Semi-trailer, by type, 2015 - 2025 (Units)

List of Figures

Fig. 1 Semi-trailer market segmentation
Fig. 2 Value chain analysis
Fig. 3 Semi-trailer market dynamics
Fig. 4 Semi-trailer market driver impact
Fig. 5 Global Automobile Production (2009 - 2017)
Fig. 6 Semi-trailer market restraint impact
Fig. 7 Semi-trailer penetration & growth prospects mapping
Fig. 8 Semi-trailer - Porter's five forces
Fig. 9 Semi-trailer market - Company market share analysis, 2017
Fig. 10 Semi-trailer market - PESTEL analysis
Fig. 11 Semi-trailer market, by type, 2018 & 2025 (USD Million)
Fig. 12 Semi-trailer market, By Region, 2018 & 2025
Fig. 13 North America semi-trailer market- key takeaways
Fig. 14 Europe semi-trailer market- key takeaways
Fig. 15 Asia Pacific semi-trailer market- key takeaways
Fig. 16 Latin America semi-trailer market- key takeaways
Fig. 17 MEA semi-trailer market- key takeaways