Press release
Automotive Trailer Market See Magnified Growth of $30.79 Bn in 2031- Dennison Trailers, Great Dane, Humbaur, Hyundai
Asia-Pacific was the highest revenue contributor followed by North America, Europe and LAMEA. China dominated the automotive trailer market share in 2021, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making advanced, reliable, and efficient automotive trailers. Asia-Pacific would hold the highest share of the market by 2031, owing to rise in procurement and development of advanced automotive trailer systems by several Asian nations, for instance, China, India, Japan, and South Korea.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/automotive-trailer-market/purchase-options
Dennison Trailers Ltd., Schmitz Cargobull, Bockmann Fahrzeugwerke GmbH, and Humbaur GmbH are one of the leading companies operating in the automotive trailer market. Bockmann Fahrzeugwerke GmbH adopted product launch, Dennison Trailers Ltd. adopted agreement, contract, partnership, business expansion and product launch, and Schmitz Cargobull adopted product launch and business expansion to gain a competitive edge in the market.
In November 2019, Hyundai Motor demonstrated autonomous driving tech capabilities on its two trailer-connected Xcient trucks. The demonstration successfully displayed the vehicle platooning capability, which has the benefit of reducing air resistance to improve fuel efficiency and lower emissions, making it an eco-friendly technology. Furthermore, in July 2022, Cox Automotive acquired Trudell, thus expanding its offering within the medium and heavy-duty fleet parts and service, as well as adding direct parts sales and semi-trailer sales to the Cox Automotive Mobility Fleet Services portfolio. Such developments are expected to fuel the growth of the automotive trailer industry during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ- https://www.alliedmarketresearch.com/request-sample/1710
By vehicle type, the automotive trailer market has been categorized into two-wheeler and bike, passenger car, and commercial vehicle. The commercial vehicle segment accounted for the highest revenue in 2021, owing to high demand for trailers for commercial vehicles globally.
On the basis of trailer type, the automotive trailer market is bifurcated into dry van & box trailers, flatbed, trippers, chemical & liquid refrigerated trailers, and others. The dry van and box segment garnered the highest revenue in 2021, owing to high demand for dry van and box type automotive trailers across several applications globally.
On the basis of axle type, the global automotive trailer market is bifurcated into single axle, tandem axle and three or more than three axles. The tandem axle segment garnered the highest revenue in 2021, owing to their suitability for transporting heavier loads at higher speed.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/1710
The key players profiled in this automotive trailer market report include Bรถckmann Fahrzeugwerke GmbH, China International Marine Containers (Group) Co., Ltd., Dennison Trailers Ltd., Great Dane, Humbaur GmbH, Hyundai Motor Group (HYUNDAI Translead, Inc.), Ifor Williams Trailers Ltd., Schmitz Cargobull, Utility Trailer Manufacturing Company and Wabash National Corporation
๐๐จ๐ง๐ญ๐๐๐ญ:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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 Automotive Trailer Market See Magnified Growth of $30.79 Bn in 2031- Dennison Trailers, Great Dane, Humbaur, Hyundai here
News-ID: 3263264 • Views: โฆ
More Releases from Allied Analytics LLP
Syngas Market Analysis: Top Players and Strategies for 2024
According to a new report published by Allied Market Research, The global syngas market was valued at $43.6 billion in 2019, and is projected to reach $66.5 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
Players analyzed and profiled in the global syngas market Air Liquide, Air Products and Chemicals Inc., BASF SE, John Wood Group, Royal Dutch Shell, Sasol Limited, Siemens, Syngas Energy Holdings, SynGasโฆ
Solar Battery Market Projected to grow at 15.5% CAGR To 2027
According to a new report published by Allied Market Research, The global solar battery market size was valued at $113.4 million in 2019, and is projected to reach $360.4 million by 2027, growing at a CAGR of 15.5% from 2020 to 2027.
Some of the key players profiled in the report include BYD Company, Kokam.Co, Carnegie Clean Energy, Primus Power, LG Chem, and EnerSys.
Asia-Pacific dominated the solar battery market with moreโฆ
Gas Meter Market Projected to grow at 6.6% CAGR To 2028
According to a new report published by Allied Market Research, The global gas meter market revenue was valued at $5.8 billion in 2020, and is projected to reach $9.7 billion by 2028, growing at a CAGR of 6.6% from 2021 to 2028.
Some of the key players profiled in the report include General Electric, Itron, Elster, Landis+Gyr, ABB, Aclara, and Badger Meter.
Get Report Sample PDF @ https://www.alliedmarketresearch.com/request-sample/11718
Asia-Pacific would exhibit a CAGRโฆ
Commercial Boiler Market Projected to grow at 4.2% CAGR To 2030
According to a new report published by Allied Market Research, The global commercial boiler market size was valued at $1.9 billion in 2020, and is projected to reach $2.8 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.
The major companies profiled in this commercial boiler market include A.O. Smith Corporation, Bosch Thermotechnology, Cochran Limited, Cleaver-Brooks, Fulton Boiler Company, Parker Boiler, Slant/Fin Corporation, Superior Boiler Works, Inc.,โฆ
More Releases for Trailer
Global Trailer Rentals market: Market Indicators Showing Positive Outlook | Cool โฆ
"
The Trailer Rentals global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key factors.โฆ
Oil Tank Trailer and Semi-Trailer Market: Competitive Dynamics & Global Outlook โฆ
LP INFORMATION offers a latest published report on Oil Tank Trailer and Semi-Trailer Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Oil Tank Trailer and Semi-Trailer market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$โฆ
Trailer Link launches marketplace for semi trailer rentals in Canada
Trailer Link Technologies Inc. ย announces the launch of Canadaโs first on-line website for semi-trailer rentals including renting dry vans and reefers. ย โTrailer Link lets providers of equipment reach customers in Canada who want to rent dry vans and reefers, quickly and efficientlyโ, said Andrew Sisnett, Co-Founder of Trailer Link. โIt is all about lowering the cost of the transaction and providing better information to buyers and sellers. ย When providers canโฆ
Semi-Trailer Market
Semi-Trailer Market is expected to reach 39.52 Billion by 2026 from 24.5 Billion in 2016 at CAGR of 4.9 %.
Strict environmental regulations and rising fuel prices have increased the demand for advanced trailer technologies. Advancement in technologies is resulted in reduce operating costs, improve fuel efficiency, expand asset connectivity and enhance fleet safety and mobile resource productivity of semi-trailer.
Semi-Trailer Market is segmented by semi-trailer type, tonnage type, number of axles,โฆ
Truck Trailers Market 2017- Doepker Industries, Western Trailer, Tremcar Inc, Ke โฆ
Apex Research, recently published a detailed market research study focused on the "Truck Trailers Market" across the global, regional and country level. The report provides 360ยฐ analysis of "Truck Trailers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Truck Trailers industry, and estimates the future trend of Truck Trailers market onโฆ
Global Semi Trailer Market 2017 Sinotruk, Wabash National, Utility Trailer
Global Semi Trailer Market Outlook 2017 Industry Growth, Share, Analysis, Application and Forecast to 2022
Semi Trailer Market Report by Material, Application, and Geography โ Global Forecast to 2022 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom,Japan, South Korea and China).
In this report, the global Semiโฆ
