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Global Semi-Trailer Market Size, Share, Growth, Forecast: By Type: Flat Bed, Dry Vans, Refrigerated, Lowboy, Tankers, Others; By Foot Length: Up to 45 Foot, Above 45 Foot; By Tonnage: Below 25 Ton, 25-50 Ton, 51-100 Ton, Above 100 Ton; By End-Use: Automotive, Chemical, Others; Regional Analysis; Competitive Landscape; 2024-2032
Semi-Trailer Market Growth
Refrigerated Semi-Trailers are Expected to Hold a Significant Share in the Overall Growth of the Market
The refrigerated semi-trailer segment is expected to hold a significant share in the overall market growth of the semi-trailer industry. This can be associated with the rising popularity of refrigerated trucks equipped with features that allow the user to control the inner temperature to transport perishable goods like agricultural products, pharmaceutical products, and food items like fruits, vegetables, and dairy products, among others. In line with this, the growing preference for FMCG products, poultry, several cold chain goods, fresh flowers, fruits and vegetables are augmenting the growth of the market. In addition to this, rising awareness and preference for healthier and fresh products is another reason for the growth of the market. Thus, the growing cold chain industry across the world is surging the demand for refrigerated semi-trailer trucks and hence invigorating the market growth.
The overall market, however, witnessed a restrained growth during the COVID-19 pandemic with restrictions on cargo movement and limited production of semi-trailers during the lockdown period. Nevertheless, with changing lifestyles, inflating disposable incomes, urbanisation, and the growing logistics industry, the growing inclination towards home delivered products is positively influencing the market growth of semi-trailers.
Semi-Trailer Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Semi-Trailer Market Analysis
8.1 Key Industry Highlights
8.2 Global Semi-Trailer Historical Market (2018-2023)
8.3 Global Semi-Trailer Market Forecast (2024-2032)
8.4 Global Semi-Trailer Market by Type
8.4.1 Flat Bed
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Dry Vans
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Refrigerated
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Lowboy
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Tankers
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Semi-Trailer Market by Foot Length
8.5.1 Up to 45 Foot
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Above 45 Foot
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Semi-Trailer Market by Tonnage
8.6.1 Below 25 Ton
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 25-50 Ton
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 51-100 Ton
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Above 100 Ton
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.7 Global Semi-Trailer Market by End-Use
8.7.1 Automotive
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Chemical
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 FMCG
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Healthcare
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Heavy Industry
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Logistics
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Oil and Gas
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.7.8 Others
8.8 Global Semi-Trailer Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Semi-Trailer Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Semi-Trailer Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Semi-Trailer Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Semi-Trailer Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Semi-Trailer Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 East Manufacturing Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Hyundai Translead, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Schmitz Cargobull AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Wabash National Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Great Dane LLC
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Kögel Trailer GmbH & Co.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Semi-Trailer Market: Key Industry Highlights, 2018 and 2032
2. Global Semi-Trailer Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Semi-Trailer Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Semi-Trailer Historical Market: Breakup by Foot Length (USD Million), 2018-2023
5. Global Semi-Trailer Market Forecast: Breakup by Foot Length (USD Million), 2024-2032
6. Global Semi-Trailer Historical Market: Breakup by Tonnage (USD Million), 2018-2023
7. Global Semi-Trailer Market Forecast: Breakup by Tonnage (USD Million), 2024-2032
8. Global Semi-Trailer Historical Market: Breakup by End-Use (USD Million), 2018-2023
9. Global Semi-Trailer Market Forecast: Breakup by End-Use (USD Million), 2024-2032
10. Global Semi-Trailer Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Semi-Trailer Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Semi-Trailer Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Semi-Trailer Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Semi-Trailer Market Structure
Key Questions Answered in the Report
The global semi-trailer market is projected to grow at a CAGR of 5.6% in the forecast period of 2024-2032.
The market is being driven by the rising preference for home delivered food products, the boom of e-commerce, and the availability of different types of semi-trailers for different products.
The market is anticipated to be determined by the rising use of refrigerated semi-trailers for the delivery of perishable products.
The major regional markets for semi-trailer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different types of semi-trailers are flat bed, dry vans, refrigerated, lowboy, and tankers, among others.
The major foot lengths of semi-trailers are up to 45 foot, and above 45 foot.
The various tonnages of semi-trailers are below 25 ton, 25-50 ton, 51-100 ton, and above 100 ton.
The significant end-uses of semi-trailer are automotive, chemical, FMCG, healthcare, heavy industry, logistics, and oil and gas, among others.
The major players in the industry are East Manufacturing Corporation, Hyundai Translead, Inc., Schmitz Cargobull AG, Wabash National Corporation, Great Dane LLC, and Kögel Trailer GmbH & Co., among others.
Analyst Review
The global semi-trailer market is driven by the rising preference for home delivered products. Aided by the boom of e-commerce, the market is expected to grow at a CAGR of 5.6% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the market can be divided into flat beds, dry vans, refrigerated, lowboy, and tankers, among others. The market, based on foot length, can be divided into up to 45 foot, and above 45 foot. On the basis of tonnages, the market can be categorised into below 25 ton, 25-50 ton, 51-100 ton, and above 100 ton. The market, based on end-use, can be classified into automotive, chemical, FMCG, healthcare, heavy industry, logistics, and oil and gas, among others . The major regional markets for semi-trailer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are East Manufacturing Corporation, Hyundai Translead, Inc., Schmitz Cargobull AG, Wabash National Corporation, Great Dane LLC, and Kögel Trailer GmbH & Co., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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