360 MARKET UPDATES Report provides a 360-degree overview of the global Semi-Trailer Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Report Title: “Global Semi-Trailer Market – Analysis of Growth, Trends and Forecasts (2018 – 2023)”
Global “Semi-Trailer Market” is expected to register a CAGR of approximately XX% during the forecast period of (2018 – 2023). Also, Semi-Trailer Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Semi-Trailer Analysis.
Semi-Trailer market Report provides a 360-degree overview of the global Semi-Trailer market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Semi-Trailer Market Report Covers Leading Manufacturers: CHINA INTERNATIONAL MARINE CONTAINERS,DAIMLER AG,HYUNDAI TRANSLEAD,KOGEL TRAILER GMBH,NAVISTAR,PACCAR,SCMITZ CARGOBULL AG,UTILITY TRAILER,MANUFACTURING COMPANY,VOLVO,WABASH NATIONAL CORPORATION
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Market Dynamics: The North American semi-trailer market, the 2nd largest in the world, was badly affected by the global economic crisis. The fall in the manufacturing sector particularly affected the semi-trailer market of Detroit. The market in the United States has picked up considerably well. Mexico, on account of increased exports and expanded domestic market, has seen the fastest rate of growth. The majority of the transportation of the energy, construction, automotive and manufacturing sectors happens through road and the semi-trailers, due to their flexibility and versatility, are the choice of transport. Semi-trailers are more popular than full trailers. Mexico is expected to be the fastest growing market for semi-trailers followed by Canada and the United States. Mexico, on account of increase in manufacturing activity and a rise in demand for products from the United States, will register strong growth rates. Asia-Pacific is the largest market for semi-trailers and is expected to grow at the fastest pace going into 2023. Many of the heavy commercial vehicles in India are outdated and due for replacement. Strict emission norms will result in replacement demand, driving the growth in the semi-trailer market in India. Slow manufacturing growth in India will be a big restraint as it is the largest single market for semi-trailers outside the United States. Iran is forecasted to be one of the most promising markets for the semi-trailers as the lifting of sanctions allows international players to enter a market that has been starved of quality products.
The market has been segmented by vehicle type (Lowboy, flatbed, refrigerated, dry van), tonnage (Up to 50 tonnes, 50-100 tonnes, 100 + tonnes) and geography (North America, South America, Asia-Pacific, Europe, Middle East and Africa).
Key Industry Players :
DAIMLER AG, HYUNDAI TRANSLEAD, PACCAR, VOLVO
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Reasons to Purchase Semi-Trailer Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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