The report will be delivered in 2-3 business days.

Truck Trailer Manufacturing Market Global Opportunities and Strategies to 2021

Starting Price : $ 6000.00 | Pages : 191 | Published : April 2019 | SKU CODE : o&s028 | Format :

Download Sample

Truck Trailer Manufacturing Market Characteristics

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.

Truck trailer companies are incorporating telematics technology to enable efficient management of trailers for customers. Telematics is a method of monitoring an asset by using GPS and onboard diagnostics to record movements on a computerized map. Telematics for trailers work with data sensors on the trailer which are connected to a modem. Using GPS and a mobile network, lots of data information from the trailer can be tracked and used to improve business performance and road safety. It also helps in increasing trailer utilization for trucking companies. Another feature in telematics is the tyre pressure monitoring system (TPMS); this helps in enhancing fuel efficiency for freight operators.

Competitive Landscape of the  Truck Trailer Manufacturing Market

Major players in the truck trailer manufacturing market include 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., Schmitz Cargobull, and Wabash National Corporation together have about 10.3% of worldwide revenue from Truck Trailer Manufacturing market. The top five competitors in the market made up around 12% of the total market share in 2017. In 2017, Wabash National Corporation, North America’s leading producer of semi-trailers and liquid transportation systems, has completed the acquisition of Supreme Industries Inc., a leading manufacturer of truck bodies, by a cash tender offer. Wabash intends to be at the forefront in the transportation market, and the acquisition of Supreme will help in advancing the strategy.

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

Truck Trailer Manufacturing Market Size

The global truck trailer manufacturing market is expected to at $80 illion in 2021 with a CAGR of 6% in forecast period. This is mainly due to population expansion driving truck transportation - the global population is growing and is expected to reach about 10 billion by 2050, thereby indirectly driving the market for truck trailer manufacturing. Increase in population creates more demand for food, automobiles, infrastructure and transportation. According to the American Trucking Association, trucks move about 71% of the nation`s freight, which is driven by population expansion in the country. population expansion is expected to be the biggest factor in increasing the demand for transportation in countries such as India, Brazil and African countries in the forecast period. Companies in the market are expected to witness a growth in demand for truck trailers from manufacturers of goods such as food, automotive, clothing and other consumer goods in the forecast period, e-commerce growth - the growth in e-commerce will drive the truck trailer market. The global e-commerce industry is growing at a significant pace; thus driving the need for logistics and hence demand for truck trailer manufacturing. The global e-commerce market is expected to reach $4 trillion by 2020x and trailer truck are an important leg in the deliveries of large e-commerce products. Trailer manufacturers are responding to e-commerce-fueled changes to the supply chain by expanding their operations. In 2017, truck trailer manufacturing company, Hyundai Transload, announced that they are exploring options to provide equipment deliveries in the final mile of an e-commerce delivery

However, the market for truck trailer manufacturing is expected to face several restraints such as stringent emission regulations and narrowing price-cost gap.

Truck Trailer Manufacturing Market Segmentation

The truck trailer manufacturing market is segmented by type and by geography.
By Type- The truck trailer manufacturing market is segmented into enclosed trailers, dump trailers, tank trailers, flatbed trailers, and other trailers. Among these segments the enclosed truck trailers segment accounts for the largest segment in the truck trailer manufacturing market.
By Geography - The global truck trailer manufacturing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Asia-Pacific’s truck trailer manufacturing market is the largest in the world. It currently accounts for 39.6% of the global truck trailer manufacturing market. The truck trailer manufacturing market in Asia-Pacific is very fragmented with a large number of domestic players along with some significant importers. Among land transport available in Asia-Pacific, truck transported freight is much more popular than the rail transported freight due to its accessibility and coverage area. Two and three-axles trailers are the most widely used trailers in Asia-Pacific.
Truck Trailer Manufacturing Market Trends
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. Potential Opportunities In The Truck Trailer Manufacturing Market With rapid urbanization and growth in emerging economies, the scope and potential for the global truck trailer manufacturing market is expected to significantly rise in the forecast period.

    1.Truck Trailer Manufacturing Market Characteristics
  • 2.Truck Trailer Manufacturing Market Size And Growth
  • 2.1.Global Truck Trailer Manufacturing Market Historic Growth
  • 2.2.Drivers Of The Market
  • 2.2.1.Rapid Urbanization
  • 2.2.2.Emerging Countries Growth
  • 2.3.Restraints Of The Market
  • 2.3.1.Narrowing Price-Cost Gap
  • 2.4.Global Truck Trailer Manufacturing Market Forecast Growth
  • 2.5.Drivers Of The Market
  • 2.5.1.Population Expansion Driving Truck Transportation
  • 2.5.2.E-Commerce Growth
  • 2.5.3.Technological Advances
  • 2.6.Restraints Of The Market
  • 2.6.1.Reduction In Free Trade
  • 2.6.2.Stringent Emission Regulations
  • 3.PESTEL Analysis
  • 3.1.Political
  • 3.2.Economic
  • 3.3.Social
  • 3.4.Technological
  • 3.5.Environmental
  • 3.6.Legal
  • 4.Truck Trailer Manufacturing Market Segmentation
  • 4.1.Global Truck Trailer Manufacturing Market, Split By Segments, 2017, $ Billion
  • 4.1.1.Enclosed Trailers
  • 4.1.2.Other Trailers
  • 4.1.3.Dump Trailers
  • 4.1.4.Tank Trailers
  • 4.1.5.Flatbed Trailers
  • 4.2.Global Truck Trailer Manufacturing Market, Historic and Forecast, Split By Segments, 2013-2021
  • 5.Truck Trailer Manufacturing Market Regional And Country Analysis
  • 5.1.Global Truck Trailer Manufacturing Market, Split By Region, 2017
  • 5.2.Global Truck Trailer Manufacturing Market, Historic And Forecast Growth Rate, Split By Region, 2013-2021
  • 5.3.Global Truck Trailer Manufacturing Market, Split By Country, 2017
  • 5.4.Global Truck Trailer Manufacturing Market, Historic And Forecast Growth Rate, Split By Country, 2013-2021
  • 6.Asia-Pacific Truck Trailer Manufacturing Market
  • 6.1.Asia-Pacific Truck Trailer Manufacturing Market Overview
  • 6.1.1.Region Information
  • 6.1.2.Market Information
  • 6.1.3.Background Information
  • 6.1.4.Regulations
  • 6.1.5.Regulatory Bodies
  • 6.1.6.Associations
  • 6.1.7.Investments
  • 6.1.8.Competitive Landscape
  • 6.2.Asia-Pacific Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 6.3.Asia-Pacific Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 6.4.Asia-Pacific Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 6.5.Asia-Pacific Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 6.6.China Truck Trailer Manufacturing Market
  • 6.7.China Truck Trailer Manufacturing Market Overview
  • 6.7.1.Country Information
  • 6.7.2.Market Information
  • 6.7.3.Background Information
  • 6.7.4.Regulations
  • 6.7.5.Regulatory Bodies
  • 6.7.6.Associations
  • 6.7.7.Investments
  • 6.7.8.Competitive Landscape
  • 6.8.China Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 6.9.China Truck Trailer Manufacturing Market Forecast Growth
  • 6.10. China Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 6.11. China Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 6.12. India Truck Trailer Manufacturing Market
  • 6.13. India Truck Trailer Manufacturing Market Overview
  • 6.13.1.Country Information
  • 6.13.2.Market Information
  • 6.13.3.Background Information
  • 6.13.4.Regulations
  • 6.13.5.Regulatory Bodies
  • 6.13.6.Associations
  • 6.13.7.Investments
  • 6.13.8.Competitive Landscape
  • 6.14. India Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 6.15. India Truck Trailer Manufacturing Market Forecast Growth
  • 6.16. India Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 6.17. India Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 6.18. Japan Truck Trailer Manufacturing Market
  • 6.19. Japan Truck Trailer Manufacturing Market Overview
  • 6.19.1.Country Information
  • 6.19.2.Market Information
  • 6.19.3.Background Information
  • 6.19.4.Regulations
  • 6.19.5.Regulatory Bodies
  • 6.19.6.Associations
  • 6.19.7.Competitive Landscape
  • 6.20. Japan Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 6.21. Japan Truck Trailer Manufacturing Market Forecast Growth
  • 6.22. Japan Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 6.23. Japan Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 6.24. Australia Truck Trailer Manufacturing Market
  • 6.25. Australia Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 6.26. Australia Truck Trailer Manufacturing Market Forecast Growth
  • 6.27. Australia Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 6.28. Australia Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 7.North America Truck Trailer Manufacturing Market
  • 7.1.North America Truck Trailer Manufacturing Market Overview
  • 7.1.1.Region Information
  • 7.1.2.Market Information
  • 7.1.3.Background Information
  • 7.1.4.Regulations
  • 7.1.5.Regulatory Bodies
  • 7.1.6.Associations
  • 7.1.7.Investments
  • 7.1.8.Competitive Landscape
  • 7.2.North America Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 7.3.North America Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 7.4.North America Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 7.5.North America Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 7.6.USA Truck Trailer Manufacturing Market
  • 7.7.USA Truck Trailer Manufacturing Market Overview
  • 7.7.1.Country Information
  • 7.7.2.Market Information
  • 7.7.3.Background Information
  • 7.7.4.Regulations
  • 7.7.5.Regulatory Bodies
  • 7.7.6.Associations
  • 7.7.7.Investments
  • 7.7.8.Competitive Landscape
  • 7.8.USA Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 7.9.USA Truck Trailer Manufacturing Market Forecast Growth
  • 7.10. USA Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 7.11. USA Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.Western Europe Truck Trailer Manufacturing Market
  • 8.1.Western Europe Truck Trailer Manufacturing Market Overview
  • 8.1.1.Region Information
  • 8.1.2.Market Information
  • 8.1.3.Background Information
  • 8.1.4.Regulations
  • 8.1.5.Regulatory Bodies
  • 8.1.6.Associations
  • 8.1.7.Investments
  • 8.1.8.Competitive Landscape
  • 8.2.Western Europe Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.3.Western Europe Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 8.4.Western Europe Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.5.Western Europe Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.6.UK Truck Trailer Manufacturing Market
  • 8.7.UK Truck Trailer Manufacturing Market Overview
  • 8.7.1.Region Information
  • 8.7.2.Market Information
  • 8.7.3.Background Information
  • 8.7.4.Regulations
  • 8.7.5.Regulatory Bodies
  • 8.7.6.Associations
  • 8.7.7.Investments
  • 8.7.8.Competitive Landscape
  • 8.8.UK Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.9.UK Truck Trailer Manufacturing Market Forecast Growth
  • 8.10. UK Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.11. UK Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.12. Germany Truck Trailer Manufacturing Market
  • 8.13. Germany Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.14. Germany Truck Trailer Manufacturing Market Forecast Growth
  • 8.15. Germany Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.16. Germany Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.17. France Truck Trailer Manufacturing Market
  • 8.18. France Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.19. France Truck Trailer Manufacturing Market Forecast Growth
  • 8.20. France Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.21. France Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.22. Italy Truck Trailer Manufacturing Market
  • 8.23. Italy Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.24. Italy Truck Trailer Manufacturing Market Forecast Growth
  • 8.25. Italy Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.26. Italy Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 8.27. Spain Truck Trailer Manufacturing Market
  • 8.28. Spain Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 8.29. Spain Truck Trailer Manufacturing Market Forecast Growth
  • 8.30. Spain Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 8.31. Spain Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 9.South America Truck Trailer Manufacturing Market
  • 9.1.South America Truck Trailer Manufacturing Market Overview
  • 9.1.1.Region Information
  • 9.1.2.Market Information
  • 9.1.3.Background Information
  • 9.1.4.Regulations
  • 9.1.5.Regulatory Bodies
  • 9.1.6.Associations
  • 9.1.7.Competitive Landscape
  • 9.2.South America Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 9.3.South America Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 9.4.South America Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 9.5.South America Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 9.6.Brazil Truck Trailer Manufacturing Market
  • 9.7.Brazil Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 9.8.Brazil Truck Trailer Manufacturing Market Forecast Growth
  • 9.9.Brazil Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 9.10. Brazil Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 10.Eastern Europe Truck Trailer Manufacturing Market
  • 10.1. Eastern Europe Truck Trailer Manufacturing Market Overview
  • 10.1.1.Region Information
  • 10.1.2.Market Information
  • 10.1.3.Background Information
  • 10.1.4.Regulations
  • 10.1.5.Regulatory Bodies
  • 10.1.6.Associations
  • 10.1.7.Investments
  • 10.1.8.Competitive Landscape
  • 10.2. Eastern Europe Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 10.3. Eastern Europe Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 10.4. Eastern Europe Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 10.5. Eastern Europe Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 10.6. Russia Truck Trailer Manufacturing Market
  • 10.7. Russia Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 10.8. Russia Truck Trailer Manufacturing Market Forecast Growth
  • 10.9. Russia Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 10.10. Russia Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 11.Middle East Truck Trailer Manufacturing Market
  • 11.1. Middle East Truck Trailer Manufacturing Market Overview
  • 11.1.1.Region Information
  • 11.1.2.Market Information
  • 11.1.3.Background Information
  • 11.1.4.Regulations
  • 11.1.5.Regulatory Bodies
  • 11.1.6.Investments
  • 11.1.7.Competitive Landscape
  • 11.2. Middle East Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 11.3. Middle East Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 11.4. Middle East Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 11.5. Middle East Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 12.Africa Truck Trailer Manufacturing Market
  • 12.1. Africa Truck Trailer Manufacturing Market Overview
  • 12.1.1.Region Information
  • 12.1.2.Market Information
  • 12.1.3.Background Information
  • 12.1.4.Regulations
  • 12.1.5.Regulatory Bodies
  • 12.1.6.Associations
  • 12.1.7.Investments
  • 12.1.8.Competitive Landscape
  • 12.2. Africa Truck Trailer Manufacturing Historic Market, 2013 – 2017
  • 12.3. Africa Truck Trailer Manufacturing Forecast Market, 2017 – 2021
  • 12.4. Africa Truck Trailer Manufacturing Market, 2017, By Segment, Value ($ Billion)
  • 12.5. Africa Truck Trailer Manufacturing Market, 2013 - 2017, Historic and Forecast, By Segment
  • 13.Truck Trailer Manufacturing Market Competitive Landscape And Company Profiles
  • 13.1. Truck Trailer Manufacturing Market Competitive Landscape
  • 13.2. Truck Trailer Manufacturing Market Competitor Profiles
  • 13.3. China International Marine Containers (Group) Ltd.
  • 13.3.1.Overview
  • 13.3.2.Business Divisions
  • 13.3.3.Strategy
  • 13.3.4.Financial Performance
  • 13.4. Schmitz Cargobull AG
  • 13.4.1.Overview
  • 13.4.2.Business Divisions
  • 13.4.3.Strategy
  • 13.4.4.Financial Performance
  • 13.5. Wabash National Corporation
  • 13.5.1.Overview
  • 13.5.2.Business Divisions
  • 13.5.3.Strategy
  • 13.5.4.Financial Performance
  • 13.6. Great Dane Limited
  • 13.6.1.Overview
  • 13.6.2.Business Divisions
  • 13.6.3.Strategy
  • 13.6.4.Financial Performance
  • 13.7. Utility Trailer Manufacturing Company
  • 13.7.1.Overview
  • 13.7.2.Business Divisions
  • 13.7.3.Strategy
  • 13.7.4.Financial Performance
  • 14.Global Truck Trailer Manufacturing Market Comparison with Macro Economic Factors
  • 14.1. Truck Trailer Manufacturing Market Size, Percentage Of GDP, Global
  • 14.2. Per Capita Average Truck Trailer Manufacturing Expenditure, Global
  • 15.Truck Trailer Manufacturing Market Comparison With Macro Economic Factors Across Countries
  • 15.1. Truck Trailer Manufacturing Market Size, Percentage Of GDP, By Country
  • 15.2. Per Capita Average Truck Trailer Manufacturing Expenditure, By Country
  • 16.Trucker Trailer Manufacturing Market Customer Information
  • 16.1. Increase in Truck Trailer Production in North America
  • 16.2. Slow Adoption of Electronic Logging Device (ELDs) by Regional Trailers
  • 16.3. Increasing Adoption of Refrigerated Trailers
  • 16.4. Truck Capacity Issues in Trucking Industry
  • 16.5. Shortage of Drivers, Truck Parking, Compliance and Safety are Major Issues In Trucking Industry
  • 17.Truck Trailer Manufacturing Market Key Mergers And Acquisitions
  • 17.1. China International Marine Containers (CIMC) acquired SDC Trailer
  • 17.2. Wabash National Corporation acquired Supreme Industries Inc.
  • 17.3. Truck Bodies & Equipment International Inc.(TBEI) acquired Travis Body & Trailer Inc.
  • 17.4. CIMC Australia Road Transport Equipment acquired General Transport Equipment
  • 18.Truck Trailer Manufacturing Market Trends And Strategies
  • 18.1. Shift To Lighter Trailers
  • 18.2. Telematics For Truck Trailer Tracking
  • 18.3. Advanced Materials In Trailer Manufacturing
  • 19.Appendix
  • 19.1. Market Data Sources
  • 19.2. Research Methodology
  • 19.3. Currencies
  • 19.4. Research Inquiries
  • 20.The Business Research Company
Introduction Of Advanced Outfitting Methods To Reduce Shipbuilding Cycle Time And Costs
Use Of Augmented And Virtual Reality In Train Manufacturing To Assess The Components’ Performance And Minimize Defects
3D Printing Technology To Create High Performance Aircraft Engines
3D Printed Aircraft Parts Are Expected To Save Construction Costs
Motor Vehicle Parts Manufacturers Are Increasingly Using Light Weight Vehicle Components To Improve Fuel Efficiency
Automobile Manufacturers Are Increasingly Using 3D Printing Technology To Reduce Production Time And Costs
Motor Vehicle Parts Manufacturing Global Market Report 2019
View Report
Motor Vehicles Global Market Report 2019
View Report
Train And Components Manufacturing Global Market Report 2019
View Report
Trailer Global Market Report 2019
View Report
Motor Home Global Market Report 2019
View Report
Travel Trailer And Camper Global Market Report 2019
View Report
Ship And Boat Building And Repairing Global Market Report 2019
View Report
Motor Vehicle Body, Metal Stamping & Other Parts Global Market Report 2019
View Report

Call Us

+1 3156230293

(Americas)

+44 2071930708

(Europe)

+91 8897263534

(Asia & Others)