The global truck trailer manufacturing market was valued nearly at $58 billion in 2017. Asia-Pacific’s truck trailer manufacturing market is the largest in the world. It currently accounts for around 40% of the global truck trailer manufacturing market. The USA is the largest country in terms of value in the truck trailer manufacturing market.
The truck trailer manufacturing market includes companies manufacturing truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies and detachable trailer chassis for sale separately. For example, automobile transporter trailers, boat transporter trailers, dump trailers, flatbed trailers, horse trailers, logging trailers, semi-trailers and tank trailers.
Read More On The Global Truck Trailer Manufacturing Market Report At:
https://www.thebusinessresearchcompany.com/report/truck-trailer-manufacturing-market
Truck Trailer Manufacturing Market Size
The global truck trailer manufacturing market is expected to grow at a growth rate of aorund $80 billion in 2021 with a growth rate of around 6% in forecast period. This is mainly due to population expansion driving truck transportation – the global population is growing and is expected to reach about 10 billion by 2050, thereby indirectly driving the market for truck trailer manufacturing. Increase in population creates more demand for food, automobiles, infrastructure and transportation. However, the market for truck trailer manufacturing is expected to face several restraints such as stringent emission regulations and narrowing price-cost gap.
Players in the market include China International Marine Containers (Group) Ltd., Schmitz Cargobull, Wabash National Corporation, Great Dane Limited, and Utility Trailer Manufacturing Company.
China International Marine Containers (Group) Ltd. was the largest company in the global truck trailer market in 2017 with around 4% share of the market. The company has more than 300 subsidiaries and 3 listed companies in Asia, North America, Europe, Australia, and rest of the world.
Request A Free Sample Of The Global Truck Trailer Manufacturing Market Report At:
https://www.thebusinessresearchcompany.com/sample.aspx?id=816&type=smp
Keywords
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
Media Contact
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Phone: 08897263534
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills
City: Hyderabad 500033
State: Telengana
Country: India
Website: https://www.thebusinessresearchcompany.com/report/trailers-market