The global Automotive Trailer market was valued at US$ 20670 million in 2020 and it is expected to reach US$ 24740 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.
Automotive trailers are popularly used across the globe for transportation of materials and goods. These vehicles can be towed by hitches and can be further trailed by trucks, cars, SUVs, and traction engines. Some of the common things that are transported using automotive trailers are heavy cargo, bicycles, fishing boats, and mobile homes. The automotive trailers gained immense popularity after the trailers acted as mobile homes and recreational vehicles.
Reduction in cost in terms of fuel consumption & emission, extra carriage capacity of the automotive trailers, and their environment-friendly nature impact the growth of the market. In addition, high maintenance cost, reduced resale value, as well as the development of the transportation and logistics industry also affect the growth of the global automotive trailer market. These factors are anticipated to either drive or hamper the market growth.
Global Automotive Trailer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Trailer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are China International Marine Containers Co., Ltd, Schmitz Cargobull Aktiengesellschaft, Wabash National Corporation, Great Dane, Dennison Trailers Ltd., Utility Trailer Manufacturing Company, Hyundai Motor Group, Humbaur GmbH, Ifor Williams Trailers Ltd., Böckmann Fahrzeugwerke GmbH and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-automotive-trailer-market-research-report
Segment by Type
- Dry Van & Box
- Chemical & Liquid
- Others (Bottom Dump and Cargo)
Segment by Application
- Two-wheeler & Bike
- Passenger Car
- Commercial Vehicle
Table of Content:
1 Automotive Trailer Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Automotive Trailer Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Automotive Trailer Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta