Business

Semi-Trailer Industry 2019 Ongoing Trends and Recent Developments

HNY Research projects that the Semi-Trailer market size will grow from USD 25.45 Billion in 2017 to USD 33.87 Billion by 2023, at an estimated CAGR of 4.88%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Some of the major drivers of the market are the expanding cold chain industry and increasing use of advanced technologies that boost the demand of semi-trailer. Innovations in semi-trailer platooning and electric semi-trailer truck can create new revenue generation opportunities for semi-trailer manufacturers. Whereas, manufacturing of lightweight semi-trailer, maintenance cost, and lowering the total cost of ownership are creating challenges for semi-trailer manufacturers.

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By Market Players:
China International Marine Containers?, Wabash National?, Schmitz Cargobull?, Great Dane?, Utility Trailer Manufacturing Company?, Fahrzeugwerk Bernard Krone?, K?gel Trailer?, Hyundai Translead?, Lamberet?, Wilhelm Schwarzmu?ller, , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

By Semi-Trailer Type
Flatbed?, Lowboy?, Dry Van?, Refrigerated?, Tanker?, , , ,

By Tonnage Type
Below 25 Ton?, 25?50 Ton?, 51?100 Ton?, Above 100 Ton, , , , ,

By Number of Axles
Less Than 3 Axles?, 3?4 Axles?, More Than 4 Axles, , , , , ,

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