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Automotive Trailer Market by Trailer Type, Axle Type, And Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2021–2030

Automotive Trailer Market by Trailer Type, Axle Type, And Vehicle Type : Global Opportunity Analysis and Industry Forecast, 2021–2030

  • October 2021
  • 254 pages
  • ID: 6193588
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Automotive Trailer Market by Trailer Type (Trailer Type, Refrigerator, Chemicals & Liquid, Tippers, Flatbed and Others), Axle Type (Single Axle, Tandem Axle and Tandem Axle), And Vehicle Type (Two-Wheeler & Bicycle, Passenger Cars and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021–2030

Automotive trailers are unpowered vehicles dragged by a powered vehicle, which are used to transport goods and commodities. There are many types of trailers, each having a different load capacity and a different purpose including flatbed trailers, dry vans or box trailers, refrigerated trailers, lowboy trailers, tanker trailer, side-kit trailers, multi-car trailer and other various specialty trailers. It needs to be pulled by a bike, car, truck, or other vehicle.
The automotive trailer market is driven by expansion of logistics industry coupled with the increase in cold chain transportation, reduction in cost and extra carriage capacity of the trailers. However, the factors such as high maintenance cost of the automotive trailers and surge in environment concerns regarding refrigerated trailer restrain the market growth. On the contrary, technological advancement in automotive trailers and increase in attention to trailer platooning are expected to provide lucrative growth opportunities for the market.
The automotive trailer market is segmented on the basis of trailer type, axle type, vehicle type, and region. By trailer type, the market is categorized into dry van, box trailers, flatbed, trippers, refrigerated trailers, and others. By axle type, it is bifurcated into single axle and tandem axle. By vehicle type, it is classified into two-wheeler, passenger cars, and commercial vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Böckmann Fahrzeugwerke GmbH, China, International, Marine Containers (Group) Co., Ltd., Dennison Trailers Ltd., Great Dane, Humbaur GmbH, Hyundai Motor Group (HYUNDAI Translead, Inc.), Ifor Williams Trailers Ltd., Schmitz Cargobull, Utility Trailer Manufacturing Company, and Wabash National Corporation
COVID-19 SCENARIO ANALYSIS
The spread of the COVID-19 pandemic has negatively impacted the global automotive trailer market, owing to commute restrictions and expected weak financial performance of the market players in 2020. The economic impact of the pandemic is visible with organizations preparing strategic cost-saving plans. Organizations with vehicle assets are considering sale and leaseback options to improve cash flow. The major risk factors of the automotive trailer participants are supply chain execution, regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management. Thus, most of the player operating in trailer market financially suffered from the outbreak. For instance, Schmitz Cargobull, one of the prominent manufacturers of semi-trailers in Europe, witnessed a decrease of 27.4% for units produced in 2019-2020. However, some market players have also reported an increase in the unit sales of trailers in 2020. For instance, a China-based manufacturer of trailers, witnessed an increase in the unit sales of trailers by over 11% in 2020.

KEY BENEFITS FOR STAKEHOLDERS
• This study presents analytical depiction of the global automotive trailer market analysis along with current trends and future estimations to depict imminent investment pockets.
• The overall automotive trailer market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global automotive trailer market with a detailed impact analysis.
• The current automotive trailer market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Trailer Type
o Dry Van & Box
o Refrigerator
o Chemicals & Liquid
o Tippers
o Flatbed
o Others

By Axle Type
o Single Axle
o Tandem Axle
o Three Or More Than Three Axle

By Vehicle Type
o Two-Wheeler & Bicycle
o Passenger Cars
o Commercial Vehicle

By Region
o North America
- U.S.
- Canada
- Mexico
o Europe
- UK
- Germany
- France
- Rest of Europe
o Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
o LAMEA
- Latin America
- Middle East
- Africa

KEY PLAYERS
o Böckmann Fahrzeugwerke GmbH
o China International Marine Containers (Group) Co., Ltd.
o Dennison Trailers Ltd.
o Great Dane
o Humbaur GmbH
o Hyundai Motor Group (HYUNDAI Translead, Inc.)
o Ifor Williams Trailers Ltd.
o Schmitz Cargobull
o Utility Trailer Manufacturing Company
o Wabash National Corporation

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