Semi-trailer is a trailer which doesn’t have any shaft and the combination of one or more trailor which is used to carry carriage is called semi- trailer truck. These semi- trailers are widely used in the industries like construction, medical, oil& gas, food & beverages etc. The large amount of the semi- trailer weight is supported by tractor unit known as dolly and these semi-trailers when are disassociated are armed with landing gear. Growth in the cold chain industry is the major factor fuelling the growth of this market.
Global Semi-Trailer Market is expected to rise from its initial estimated value of USD 27.45 billion in 2018 to an estimated value of USD 40.78 billion by 2026, registering a CAGR of 5.07% in the forecast period of 2019-2026. Rising manufacturing activities in developing countries is major factor for the growth of this market.
The research and analysis conducted in Semi-Trailer Market Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Hub Motor industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Hub Motor Market report is provided that covers many work areas.
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- Growth in the cold chain industry is driving the growth of this market.
- Technological advancement and development is another factor driving the growth of this market.
- Rising local manufacturer is restraining the growth of this market.
- Dearth of proper infrastructure is another important factor restraining the growth of this market.
Segmentation : Global Semi-Trailer Market
By Tonnage Type
Below 25 Ton
Above 100 Ton
By Number of Axles
Less Than 3 Axles
More Than 4 Axles
By End- User
Food & Beverage
Oil & Gas
Rest of South America
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
United Arab Emirates
Rest of Middle East & Africa
Major Market Competitors/Players
Few of the major competitors currently working in the global semi-trailer market are China International Marine Containers (Group) Ltd, Wabash National Corporation, Schmitz Cargobull AG, Utility Trailer Manufacturing Company, KRONE, Kögel Trailer GmbH, HYUNDAI Translead, LAMBERET SAS, Wilhelm Schwarzmüller GmbH, Fontaine Commercial Trailer, Inc., Doepker Industries Limited, Trail King Industries, Polar Tank, Pitts Trailers, East Manufacturing Corporation, Mac Trailer Manufacturing, Inc., Strick Trailers, LLC., HEIL TRAILER INTERNATIONAL, STI HOLDINGS, INC, Vanguard National Trailer Corp.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request FREE TOC at @ https://bit.ly/3sSfUhH
Key Developments in the Market:
- In August 2018, Manac Inc. announced that they have acquired Alutrec Inc. This acquisition will help the Manac to expand their portfolio as alutrec has wide range of products in aluminum platform segment which will help both the company to expand and strengthen their business in the market place.
- In September 2017, Wabash National Corporation announced that they have acquired Supreme Industries, Inc. so that they can influence the urbanization and ecommerce trends for home delivery. This acquisition will advance the final mile evolution strategy.
Global Semi-Trailer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Semi-Trailer market for global, Europe, North America, Asia-Pacific and South America.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Major Highlights of Semi-Trailer Market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on Semi-Trailer market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Semi-Trailer market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Semi-Trailer market.
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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