Press release
Light Car Trailer Global Market Predicted to Augment and Reach over $1.86 Billion at a CAGR of 4.4% By 2028 | Aluma Ltd., Felling Trailers, Futura Trailers, Haulmark, Kaufman Trailers
Light Car Trailer Global Market
The light car trailer market size is expected to see steady growth in the next few years. It will grow to $1.86 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to growth in electric and hybrid vehicles, rise in adventure tourism, focus on lightweight and aerodynamic designs, adoption of sustainable materials, increased popularity of camper trailers, global tourism trends.. Major trends in the forecast period include multi-functional trailers, advanced safety features, smart trailer technology, customization options, integration of aerodynamic features, online sales and direct-to-consumer models..
Market Overview -
Light trailers refer to vehicles without motive power. Trailer lacks pedals and a motor to propel the wheels. It is designed to carry the maximum load a trailer can carry, which is normally set by the manufacturer, and is used to move lightweight cars behind an automobile or a truck.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=9088&type=smp
Tourism Boom Fuels Growth Of Light Car Trailer Market
The rapidly expanding tourism industry is expected to propel the light car trailer market going forward. The tourism industry refers to the act of traveling outside one's area of residence or hometown, either domestically or internationally, for leisure, social, or business purposes. Light trailers refer to vehicles without motive power. Light car trailers such as utility trailers are used in traveling due to their compact travel mode, mostly used by motorsport enthusiasts for transporting vehicles, as a result, the rapidly expanding tourism industry increases the demand for the light car trailer. For instance, in 2022, according to The World Tourism Organization (UNWTO), an UN-based specialized agency, the economic contribution of tourism in 2021 was US$1.9 trillion, higher than US$1.6 trillion in 2020. Thus, the rapidly expanding tourism industry drives the light car trailer market.
Competitive Landscape -
Major companies operating in the light car trailer market report are Aluma Ltd., Felling Trailers, Futura Trailers, Haulmark, Kaufman Trailers, Pace American, SylvanSport LLC, Woodford Trailers Ltd., Aluminum Trailer Company, Doepker Industries, East Manufacturing Company, Fontaine Trailer Company, Great Dane Trailers, Heil Trailer International, Fruehauf Trailer Corporation, Big Tex Trailers, Featherlite Trailers, PJ Trailers, Triton Trailers, Sundowner Trailers, Echo Trailers, Bri-Mar Trailers, Wells Cargo, Cargo Express, Midsota Manufacturing, Sure-Trac, Stealth Trailers, Mission Trailers, Load Trail, Diamond C Trailers, Maxey Trailers, Look Trailers, Homesteader Trailers, Moritz International, Rice Trailers, Doolittle Trailer Mfg, Calico Trailers, Mirage Trailers, Top Hat Trailers, Lark United Manufacturing .
Innovative Electric Travel Trailers Revolutionize Light Car Trailer Market
The introduction of innovative electric travel trailers is a key trend gaining popularity in the light car trailer market. Major companies operating in the market are advancing toward the development of electric vehicles to sustain their position in the market. For instance, in August 2022, Bowlus, a US-based manufacturing company providing luxury travel trailers, launched the all-electric Volterra, the world's first all-electric travel trailer. This trailer is the first travel trailer with an induction cooktop and the first recreational vehicle with high-speed satellite internet. This trailer recreational vehicle weighs 3250 pounds with a payload of 750 pounds. This model uses 17 kWh of lithium iron phosphate batteries, which is more than 100 percent larger than others. Additionally, it features 20A outlets for emergency EV charging, increasing the EV emergency charging range to approximately 65 miles due to the increased battery capacity.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/light-car-trailer-global-market-report
Key Segments -
The light car trailer market covered in this report is segmented -
1) By Type: Utility Light Car Trailers, Recreational Light Car Trailers
2) By Design: Open Light Car Trailers, Enclosed Light Car Trailers
3) By Axle: Single Axle Light Car Trailers, Multi Axle Light Car Trailers
4) By Application: Tourism, Transportation, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Light Car Trailer Global Market Predicted to Augment and Reach over $1.86 Billion at a CAGR of 4.4% By 2028 | Aluma Ltd., Felling Trailers, Futura Trailers, Haulmark, Kaufman Trailers here
News-ID: 3481544 • Views: …
More Releases from The Business research company
2024 Global Type 2 Diabetes Market Size, Share, Trends And Growth Analysis Repor …
"The type 2 diabetes market size has grown strongly in recent years. It will grow from $44.56 billion in 2023 to $48.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to lifestyle and dietary changes, aging population, pharmaceutical developments, public health initiatives.
The type 2 diabetes market size is expected to see strong growth in the…
Global Esophageal Dysphagia Market 2024 : SWOT Analysis Of Key Driving Factors F …
"The esophageal dysphagia market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to aging population, gastroesophageal reflux disease (gerd), advances in endoscopy, esophageal motility testing.
The esophageal dysphagia market size is expected to see strong growth in the next…
Osteoarthritis Market 2024 Analysis By Size, Share, Growth, Trends Up To 2033 | …
"The osteoarthritis market size has grown rapidly in recent years. It will grow from $6.24 billion in 2023 to $6.87 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to aging population, obesity epidemic, advances in imaging, pain management.
The osteoarthritis market size is expected to see strong growth in the next few years. It will grow…
Global Caps And Closures Market 2024 : Trends, Business Growth And Major Driving …
"The caps and closures market size has grown strongly in recent years. It will grow from $73.17 billion in 2023 to $77.46 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to consumer packaging trends, food and beverage industry growth, pharmaceutical packaging needs, environmental concerns.
The caps and closures market size is expected to see strong growth…
More Releases for Trail
Trail Cameras Market: Competitive Dynamics & Global Outlook 2022
LP INFORMATION offers a latest published report on Trail Cameras Market Analysis and Forecast 2016-2022 delivering key insights and providing a competitive advantage to clients through a detailed report.
The Global Trail Cameras market size will be XX million (USD) in 2022, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) of XX% from between 2016 and 2022.
Click to view the full report TOC, figure…
Global Trail Cameras Industry Market Analysis & Forecast
Global Trail Cameras Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between…
Global Trail Running Shoes Market Research Report 2017
Trail Running Shoes
Wiseguyreports.Com Adds “Trail Running Shoes Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database.
Covered In This Report:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Trail Running Shoes in these regions, from 2012 to 2022 (forecast), covering
North America
Europe
China
Japan…
The Diabetic Food Trail
Enjoy food!! Serving people with diabetes. Hotel Marine Plaza brings to you a special menu for “The Diabetic Food Trail® at The Bayview ongoing till 30th November 2016.
Keeping in mind all the nutritional value that has been determined by an independent registered dietician. Our Executive Chef, Kshitiz Shekhar has designed a special a la carte menu for this Food Trail.
The menu includes soups like Minestrone A la Genovese & Chicken…
On the trail of trends
ZOW trend scout Lidewij Edelkoort presents her projections for the future to suppliers
[Frankfurt am Main, November 19, 2014] Around thirty decision-makers from the supply industry were provided with an exclusive insight into the future of the furniture sector on 12th November: As part of the trend forecast seminar in Frankfurt am Main, trend scout Lidewij Edelkoort presented some initial findings of her trend research to suppliers and designers, which…
A new bird trail in North Iceland
An old legend of the siblings gyrfalcon and ptarmigan, myriads of Brunnich's guillemots and puffins in black seacliffs, the melancholic cry of the great northern diver, wriggling groups of busy waders in their summerdresses, the magnificent dives of gannets and one of the greatest and most varied breeding grounds of ducks in the world. Those are examples of experiences bird watchers can expect on a new bird trail now being…
