Trailers Global Market Opportunities And Strategies To 2022 REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit This report describes and evaluates the global trailers market. It covers two five-year periods, 2014 to 2018, termed the historic period, and 2018 through 2022, the forecast period. The global trailers market reached a value of nearly USD 56.9 billion in 2018, having increased at a compound annual growth rate (CAGR) of 6.8% since 2014, and is expected to grow at a CAGR of 11.1% to nearly USD 86.6 billion by 2022. Growth in the historic period resulted from rapid urbanization in emerging economies increasing the demand for goods transportation, economic growth in emerging countries, and increased global demand for food transportation. Factors that negatively affected growth in the historic period were increased price and regulatory pressures from governments. Going forward, expansion of the global population and growth of e-commerce will drive the growth. Factors that could hinder the growth of the trailers market in the future include reductions in free trade, shortages of truck drivers, and stringent emission regulations. The trailers market is segmented by type of trailer into enclosed trailers, dump trailers, tank trailers, flatbed trailers and other trailers. The enclosed trailers market was the largest segment of the trailers market, accounting for 60.5% of the total in 2018. It was followed by other trailers, dump trailers, tank trailers and flatbed trailers. Going forward, the enclosed trailers segment is expected to be the fastest growing segment in the trailers market, at a CAGR of 12.4%. The trailers market is segmented by type of end use into paper products, pharma drugs, textile products, food and groceries, farm products, chemicals, petroleum and petroleum products, electrical and electronics, motor vehicle and motor vehicle parts, metals and minerals, commercial machinery and others. The motor vehicles and parts was the largest segment, accounting for 19.3% of the global trailers market. The segment is expected to grow at a CAGR of 13.6%. Going forward, the petroleum and petroleum products segment is expected to be the fastest growing end use segment in the trailers market, at a CAGR of 16.3%. Asia-Pacific was the largest region in the global trailers market, accounting for 35.8% of the total in 2018. It was followed by North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the trailers market will be Africa and North America, where growth will be at CAGRs of 16.3% and 14.5% respectively. These will be followed by Eastern Europe and the Middle East, where the markets are expected to grow at CAGRs of 10.2% and 9.7% respectively. The global trailers market is concentrated, with a small number of large players holding more than one-fourth of the market. Major players in the market include China International Marine Containers (Group) Ltd., Schmitz Cargobull AG, Bernard Krone Holding SE & Co. KG, Wabash National Corporation and Utility Trailer Manufacturing Company. The global transportation manufacturing market, of which the trailers market is a segment, reached a value of nearly USD 5,031.5 billion in 2018, growing at a compound annual growth rate (CAGR) of 8.4% since 2014. It is expected to grow at a CAGR of 10.9% and reach nearly USD 7,601.3 billion by 2022. The trailers market was the smallest segment in the global transportation manufacturing market accounting for 1.1% of the total in 2018. The motor vehicles market was the largest segment of the global transportation manufacturing market, accounting for 41.4% of the total and was valued at USD 2,085.1 billion in 2018. The all other transportation equipment manufacturing segment is expected to grow the fastest at a CAGR of 12.0% during 2018-2022. The top opportunities in the trailers market will arise in the enclosed trailers market segment, which will gain USD 20.5 billion of global annual sales by 2022. The trailers market size will gain the most in the USA at USD 11.3 billion. Market-trend-based strategies for the trailers market include shifting to lighter trailers manufacturing, adopting telematics, using advanced materials in trailer manufacturing, and deploying automation and sensors in dump trailers. Player-adopted strategies in the trailers market include reinforcing M&A strategies to expand businesses in other geographic areas, and investing in research and development to develop new trailers. To take advantage of these opportunities, The Business Research Company recommends the trailer manufacturing companies to consider increasing the production of lightweight trailers, producing refrigerated trailers to cater to the growing demand from end-use industries, and directly targeting construction and mining companies, among other strategies. Tags: Global Trailers Market, Global Trailers Market Research Report, Global Trailers Market Share, Global Trailers Market Trends