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Global Automotive Trailer Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Automotive Trailer Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Automotive Trailer Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 11 Jan 2020
  • Report ID: Auto&T 001
  • Pages:161
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the automotive trailers market is estimated to grow at a CAGR of 4.1% during the forecast period. Automotive Trailers are unpowered vehicles towed by a powered vehicle with the help of a hitch. These trailers are employed to transport goods and commodities from one place to another. They are primarily used by cargo companies to transfer their goods either nationally or internationally. In addition to this, they are used for recreational purposes such as carrying their luggage, fishing boats, or mobile homes with limited facilities.

Top Driver: Rapidly Expanding Transportation & Logistics Industry and  Development in Infrastructures

The automotive trailer market is estimated to grow due to the rapidly expanding transportation and logistics industry. Besides, development in infrastructures, rise in recreational activities, as well as popularity in the global trade, are fueling the market growth. In addition to this, benefits provided by automotive trailers such as fuel efficiency, large cargo-carrying capacity, lower emissions of GHG gases, and their eco-friendly modulations are anticipated to drive the growth of the automotive trailer market during the forecast period.

On the other hand, high maintenance cost and lower re-sale values of these trailers are anticipated to hinder the growth automotive trailer market during the forecast period.

Commercial Vehicle Segment Accounts for the Largest Market Share

The global automotive trailer market is bifurcated into Two-wheeler & Bike, Passenger Car, and Commercial Vehicle based on vehicle type. Among these, the commercial vehicle segment is estimated to dominate the market. The global market is segmented into Dry Van & Box, Refrigerator, Chemical & Liquid, Tipper, Flatbed, and others based on trailer type. Based on axle type, the market is segmented into Single Axle, Tandem Axle, and Three or More Than Three Axle. 

Technological Advancements and Penetration of Significant Market Players to Benefit North America Market

North America is estimated to account for the largest market share, dominating the global automotive trailer market during the forecast period. The growth is attributed to factors such as technological advancements, penetration of significant market players, an increase in global trade, and an increase in R&D activities concerning product technologies. Following North America, Asia Pacific is anticipated to gain traction during the forecast period due to the lower cost of trailers and expanding industrialization. In addition to this, growth in recreational activities, increasing support by government authorities, and a rise in disposable income are likely to fuel the growth of the automotive trailer market.

Players to Focus on Product Innovation

The major market players operating in the market are Dennison Trailers Ltd, MAXXD Trailers, Wabash National Corporation, Miller Industries Inc., Big Tex Trailers, HYUNDAI Translead, Inc., Humbaur GmbH, and Ifor Williams Trailers Ltd

Schmitz Cargobull: In November 2019, Schmitz Cargobull launched its high-volume rigid trucks with drawbar trailers and the popular power curtain tarpaulin. The MEGA versions of the M.CS rigid truck curtainsider and Z.CS central axle curtainsider drawbar trailer offer up to 500 kilograms extra payload; accompanied with optional lath-free POWER CURTAIN tarpaulin. The high-volume rigid truck and drawbar trailer combination offers space for up to 38 Euro pallets. Moreover, all bodies are manufactured in-line with the Schmitz Cargobull’s strict industrial quality standards.

Dennison Trailers: In December 2019, Dennison Trailers, manufacturing a wide range of trailers from more than 50 years, announced a new deal with Dyce Carriers, a haulage and logistics specialist based in Dyce, Aberdeen; to add 20 new oil spec platform skeletal trailers to its fleet. The deal aims at providing high-quality haulage for the clients and a commitment to first-rate services.

Scope of the Report

By Vehicle Type

  • Two-wheeler & Bike
  • Passenger Car
  • Commercial Vehicle
  • By Trailer Type
  • Dry Van & Box
  • Refrigerator
  • Chemical & Liquid
  • Tipper
  • Flatbed
  • Others

By Axle type

  • Single Axle
  • Tandem Axle
  • Three or More Than Three Axle

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Automotive Carbon Wheel Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Automotive Carbon Wheel Market -Industry Snapshots

6.1             Overview

6.1.1          Global Automotive Carbon Wheel Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Automotive Carbon Wheel Market Analysis, by Material

7.1             Overview

7.2             Key Findings for Automotive Carbon Wheel Market- By Material

7.2.1          Automotive Carbon Wheel Market- Aluminum

7.2.2          Automotive Carbon Wheel Market- Steel wheels

7.2.3          Automotive Carbon Wheel Market- Magnesium

7.2.4          Automotive Carbon Wheel Market- Carbon fiber

Chapter 8           Global Automotive Carbon Wheel Market Analysis, by Product

8.1             Overview

8.2             Key Findings for Automotive Carbon Wheel Market- By Product

8.2.1          Automotive Carbon Wheel Market- Regular

8.2.2          Automotive Carbon Wheel Market- High Performance

Chapter 9           Global Automotive Carbon Wheel Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Automotive Carbon Wheel Market- By End User

9.2.1          Automotive Carbon Wheel Market- OEM

9.2.2          Automotive Carbon Wheel Market- Aftermarket

Chapter 10       Automotive Carbon Wheel Market Analysis by Region

10.1           Key Findings for Automotive Carbon Wheel Market- By region

10.2           Overview

10.2.1       Global Automotive Carbon Wheel Market Analysis, By Material, 2019 – 2028

10.2.2       Global Automotive Carbon Wheel Market Analysis, By Product, 2019 – 2028

10.2.3       Global Automotive Carbon Wheel Market Analysis, By End User, 2019 – 2028

10.3           Automotive Carbon Wheel Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Material

10.3.6       North America Market, By Product

10.3.7       North America Market, By End User

10.4           Automotive Carbon Wheel Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Material

10.4.8       Europe Market, By Product

10.4.9       Europe market by, End User

10.5           Automotive Carbon Wheel Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Material

10.5.7       Asia Pacific Market, By Product

10.5.8       Asia Pacific Market, By End User

10.6           Automotive Carbon Wheel Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Material

10.6.6       South America, Middle East and Africa Market, By Product

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Iochpe-Maxion

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Superior Industries International

12.3           Accuride Corporation

12.4           Steel Strips Wheels

12.5           Hitachi Metals

12.6           Enkei

12.7           Citic Dicastal

12.8           Zhejiang Wanfeng Auto Wheel

12.9           Borbet

12.10        Mangels Industrial

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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