Truck Trailer Manufacturing Global Market Opportunities and Strategies to 2021

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This report is a strategic analysis of the truck trailer market. The truck trailer manufacturing market includes companies manufacturing truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies and detachable trailer chassis for sale separately. For example, automobile transporter trailers, boat transporter trailers, dump trailers, flatbed trailers, horse trailers, logging trailers, semi-trailers and tank trailers. The utility trailer market, and companies involved in manufacturing light-truck trailers and travel trailers are not included in this market.

The top five companies covered are China International Marine Containers (Group) Ltd., Schmitz Cargobull, Wabash National Corporation, Great Dane Limited, and Utility Trailer Manufacturing Company. China International Marine Containers (Group) Ltd. was th

The countries covered are China, India, Japan, UK, Germany, France, Italy, Spain, Russia, USA, Brazil and Australia.

Truck Trailer Market Size

The global truck trailer manufacturing market was valued at $58.3 billion in 2017 according to truck and trailer sales. Asia-Pacific was the largest region in the global truck trailer manufacturing market, accounting for nearly 40% of the market. China was the largest country in the market, accounting for almost one-fifth market share in the truck industry  and lorry market.

Truck Trailer industry Trend

Trailer manufacturers are increasingly producing light-weight trailers to comply with changing regulations. The shift towards lighter trailers can be attributed to increasing pressures on trucking companies owing to rising fuel prices and stricter regulatory environment. Stricter greenhouse gas emission regulations are compelling manufacturers to use a higher percentage of lightweight components in the assembly of trailers. Aluminum components, for instance, are being used to trim down the weight of trailers. The use of an aluminum air tank in a truck trailer instead of steel saves about 30 lbs.  These lighter trailers allow trucking companies to reduce operating costs, lower trailer downtime, and improve efficiency and fleet safety.

Truck Trailer Manufacturing Global Market Segmentation

The Truck Trailer Manufacturing Global Market is segmented into Enclosed Trailers, Dump Trailers, Tank Trailers, Flatbed Trailers, and Other Trailers.
Enclosed Trailers Market These trailers are also known as box trailers as the freight contents are completely enclosed in a box-type container that keeps the freight dry. They typically range from 28 to 53 feet in length, 8 to 8 feet 6 inches in width and 12 feet 6 inches to 13 feet 6 inches in height. The maximum weight limit for a dry van is 42,000 pounds. The major benefit of a dry van is the protection of load from weather conditions
Dump Trailers Market These trailers are mainly used for agricultural purposes, construction, landscaping rental and other heavy duty jobs.
Tank Trailers MarketTank trailers are usually used to haul liquids and gases; certain types of tank trailers can also be used carry dry bulk freight such as grain.
Flatbed Trailers Flatbed trailers have a flat platform with no sides to carry freight. These types of trailers are used to haul building materials or large bulky items such as heavy construction equipment. Flatbed trailers typically range from 26 to 48 feet in length. The maximum width for legal operation is 8.5 feet and the maximum height is 8.5 feet measured from the surface of the bed. The standard height of a flatbed is usually 60 inches off the ground.
Other Trailers This includes specialized trailers, boat trailers, logging trailers, automobile trailers.

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