Global Truck Trailer Market, Forecast & Opportunities, 2017-2022

Global Truck Trailer Market, By Trailer Type (Flat Bed Trailer, Dry Vans, Refrigerated Trailers, Lowboy Trailers, Stretch Drop Deck Trailer, Multi Car Trailers and Others), By Size, By Company and By Geography, Forecast & Opportunities, 2022 Global Truck Trailer market is expected to grow at a CAGR of over 4 %, in value terms, over the next five years, on the back of continuous improving road infrastructure, long distance transportation, high growth rate of construction activities in leading and emerging countries. As the infrastructure development increases the demand for truck trailer also increases as these are mainly used for transportation, construction and mining sectors. Moreover, the growing sales of two-wheeler and four vehicles globally, is also necessitating the need for truck trailers for transportation purposes and will continue to drive the truck trailer market globally during the forecast period.

Objective of the Study:

• To assess the demand-supply scenario of Truck Trailer which covers production, demand, supply, and net inventory status of Truck Trailer globally.
• To analyze and forecast the market size of Truck Trailer in terms of value as well as volume.
• To classify and forecast global Truck Trailer based on trailer type, size and regional distribution.
• To identify drivers and challenges for global Truck Trailer.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Truck Trailer.
• To conduct the pricing analysis for Truck Trailer.
• To identify and analyze the profile of leading players involved in the manufacturing of global Truck Trailer.

Some of the major players operating globally in Truck Trailer are MAN, Kenworth Trucks, Volvo Trucks, Daimler AG, Isuzu, HINO Motors, Hyundai Group, Tata Motors, DAF Trucks, Ford, GAZ, Mercedes-Benz, Ashok Leyland, BharatBenz, Eicher, Mahindra etc.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Truck Trailer manufacturers and dealers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major Truck Trailer supplier across the globe.

TechSci Research calculated the market size for Global Truck Trailer using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Truck Trailer Industry National Association of Automobile Manufacturers of South Africa (NAAMSA), American Trucking Association, OICA, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Technology investors
• Governments and financial institutions
• End users of Truck Trailer
• Research organizations and consulting companies.
• Research Institutes
• Associations, organizations, forums and alliances related to Truck Trailer.
• Truck Trailer Manufacturing Companies
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Truck Trailer manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

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