Boat trailers market comprises establishments primarily engaged in the manufacturing of new and used motor boats and other watercraft, marine supplies, and outboard motors.
Boat Trailers Global Market Size
The global boat trailers market was valued at $5 billion in 2017. Asia Pacific was the largest geographic region accounting for $1.9 billion or 38.6% of the global market. China was the largest country accounting for $1.0 billion or 20.6% of the global boat trailers market.
Boat Trailers Global Market Trend
Boat trailer manufacturers are adopting advanced technologies to prevent accidents, damages and delays. These improvements enable manufacturers to identify and resolve glitches associated with their products. They are using sensors and detectors to detect and measure the intensity of the malfunction. The manufacturers are also increasingly using light weight vehicle components to improve fuel efficiency. Light weight vehicle components enables manufacturers to reduce the overall weight of the trailer, thus, lowering the fuel consumption. This improves the fuel efficiency of the trailer while ensuring safety norms are complied. In this regard, boat trailer manufacturers are using advanced composites and high strength metals.
The companies covered are Hostar, Mecanorem, Conolift, Balbi Rimorchi, and Hydrotrans.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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