Truck Trailers are non-automotive freight vehicles that are to be drawn by motor trucks. The truck trailer manufacturing industry comprises establishments primarily engaged in manufacturing truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies, and detachable trailer chassis for sale separately.
Truck Trailer Global Market Size
The global truck trailer market was valued at $25.3 billion in 2017. Asia Pacific was the largest geographic region accounting for 38% of the global market. China was the largest country accounting for $5.1 billion or around 20% of the global truck trailer market.
Truck Trailer Global Market Trend
The usage of fiber laser in manufacturing of truck trailers is a major trend in the truck trailer manufacturing industry. It is proven that usage of fiber laser doubles the productivity of trailer manufacturer's metal cutting process. The advantage truck trailer manufacturers have by using fiber laser is that they can have a higher extent of in-house control over trailer production and save the expense of putting work out to sheet metal subcontractors. Another advantage is that they can optimize the processes of prototyping and design processes and bring new products to market faster. Yet another advantage of the fiber laser is that machining is much faster, while being cost-effective. Trailer manufacturer Indespension, at it’s factory in Bolton, Lancashire, England, replaced it’s ageing CO2 laser-powered machine with a with a Bystronic ByStar Fiber 6520 fiber laser profiling center, after which their productivity doubled.
The companies covered are Green Dane Limited Partnership, Utility Trailer Manufacturing Co., Vanguard national trailer Corp., Fontaine Trailer Company, and Wabash.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Truck Trailer Global Market Segmentation
The truck trailer market is segmented into Automobile Trailers; Boat Trailers; Logging Trailers; and Others - Truck Trailer.
Automobile Trailers industry comprises establishments primarily engaged in manufacturing motor vehicle bodies and cabs or manufacturing truck, automobile and utility trailers, truck trailer chassis, detachable trailer bodies, and detachable trailer chassis.
Boat Trailers industry comprises establishments primarily engaged in the manufacturing of new and used motor boats and other watercraft, marine supplies, and outboard motors.
Logging Trailers industry comprises establishments primarily engaged in manufacturing logging trailers.
Others - Truck Trailer industry comprises establishments primarily engaged in manufacturing truck trailers for other than automobile trailers, boat trailers and logging trailers.