Semi-Trailer Market 2024 | Market Analysis, Market Size, Industry Trends, Share Estimation, And Forecast To 2033 | Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co KG, Kogel Trailer GmbH & Co. KG

Semi-Trailer Market
Spread the love

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: [email protected]

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


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →