Trailer Global Market To Grow At Rate Of 11% Through 2026

The Business Research Company’s Trailer Global Market Report 2022: Market Size, Trends And Forecast To 2026

LONDON, GREATER LONDON, UK, June 21, 2022 /EINPresswire.com/ -- According to ‘Trailer Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the trailer market size is expected to grow from $47.0 billion in 2021 to $52.46 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. As per TBRC’s trailer market research the market is expected to grow to $78.08 billion in 2026 at a CAGR of 10.5%. The global population is growing and is expected to reach about 10 billion by 2050, indirectly driving the trailer market growth.

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The trailers market consists of sales of trailers and related services by entities (organizations, sole traders, and partnerships) that manufacture trailers that are used for the transportation of goods and materials. The trailers industry includes establishments that manufacture trailers such as dry vans, refrigerated trailers, tank trailers, flatbed trailers, lowboy trailers, and other trailers.

Global Trailer Market Trends
Automation and sensor technology are increasingly being used in the trailers industry to increase the efficiencies of dump trailers. The automation technology allows truck drivers to automatically raise and lower the lift axes of dump trailers for easy loading and unloading processes. The sensor technology reduces the chances of overloading the trailer with fixed axles and compromising tire wear by using intelligent algorithms. The automation and sensors control systems play a vital role in reducing operational costs for transportation companies.

Global Trailer Market Segments
By Type: Dry Vans, Refrigirated Trailers, Tank Trailers, Flatbed Trailers, Lowboy Trailers, Others
By Axle Type: Single Axle, Tandem Axle, Three or More Than Three Axle
By End-Use: Paper and Paper Products, Pharma Drugs, Textile Products, Food and Groceries, Agriculture and Farm Products, Chemicals, Petroleum and Petroleum Products, Motor Vehicle and Motor Vehicle Parts, Metal and Minerals, Commercial Machinery, Others
By Geography: The global trailer market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

Read more on the global trailer market report at:
https://www.thebusinessresearchcompany.com/report/trailer-global-market-report

Trailer Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides trailer global market overviews, analyzes and forecasts market size and growth for the global trailer market, trailer market share, trailer market segments and geographies, trailer global market players, trailer global market leading competitor revenues, profiles and market shares. The trailer market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Trailer Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: China International Marine Containers (Group) Ltd, Schmitz Cargobull AG, Bernard Krone Holding SE & Co. KG, Wabash National Corporation, Utility Trailer Manufacturing Company, EnTrans International LLC, Leslie Doggett Industries, Humbaur GmbH, and Mac Trailer Manufacturing Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

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About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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The Business Research Company
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