Ultra Market Research | Semi-Trailer Market
Global Semi-Trailer Market Trends and Forecasts 2024

Semi-Trailer Market

  • Report ID : 536

  • Category : Commercial-vehicles

  • No Of Pages : 130

  • Published on: July 2024

  • Status: Published

  • Format : Power Point PDF Excel Word

Key Question Answer

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Global Market Outlook

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In-depth analysis of global and regional trends

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Analyze and identify the major players in the market, their market share, key developments, etc.

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To understand the capability of the major players based on products offered, financials, and strategies.

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Identify disrupting products, companies, and trends.

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To identify opportunities in the market.

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Analyze the regional penetration of players, products, and services in the market.

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Comparison of major players financial performance.

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Evaluate strategies adopted by major players.

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Recommendations

Semi-Trailer Market

A trailer without a front axle is called a semi-trailer. A semi-trailer truck is a vehicle that is a combination of a tractor truck and a semi-trailer. 
A dolly, which is a detachable front axle assembly, or the back of another trailer sustain a sizable amount of the weight of a semi-trailer. The semi-trailer's own wheels, located in the back, partially support its weight. When a semi-trailer is removed, it usually has legs or falling landing gear to support itself. Semi-trailers frequently have relocatable (or repositionable) wheels that may be fully separated, which helps to more evenly distribute load among the wheel weight components. Trailers are more frequent for transportation than complete trailers, which have axles on both the front and rear ends.. The semi's ease of support is one of its key advantages. For both the tractor unit and the semitrailer—a word that refers to both the trailer and the combination of the tractor unit and trailer—up to four axles are allowed.


Key Players
Chinese company China International Marine Containers Ltd.
Canadian company Doepker Industries Limited
United States: Fontaine Commercial Trailer, Inc. (United States) and East Manufacturing Corporation
International Hell Trailer (United States)
The Hyundai TransLEAD (USA)
Germany's Kögel Trailer GmbH
KRONE (Danmark)
SAS LAMBERET (France)
United States: Mac Trailer Enterprises Inc.
United States: Pitts Trailers
United States: Polar Tank
Germany's Schmitz Cargobull
United States: STI HOLDINGS, INC.
Trailers Strick (Indiana)
United States-based Trail King Industries and Utility Trailer Manufacturing Company
Indiana-based Vanguard National Trailer Corp.
United States: Wabash National Corporation
Austria's Wilhelm Schwarzmüller GmbH


Segmentation

By Type
Flatbed Trailers
Step Deck or Drop Deck Trailers
Lowboy Trailers
Reefer Trailers
Dump Trailers
Dry Van Trailers
Tanker Trailers

By Application
Curtainside
Hardside
Transporters
Car transporter
Specialist transporters
By End Use

Food and Beverage
Automotive
Construction
Oil and Gas


Market Dynamics
Driver 
Semi-trailers contribute significantly to the economy. Most industries utilise them to transport raw materials and completed goods. Semi-trailers handle more goods than aeroplanes, ships, and railroads put together. These goods are thought to weigh more than 10 billion tonnes. Semi-trailers provide jobs in addition to transporting raw materials and completed goods. The transport sector cannot function without the support of the government. Carriers who abide by the rules and regulations should be able to transport as much as possible effectively.
Furthermore, it is the responsibility of carriers to offer a healthy and safe working environment to truck drivers. Most of them quit within a few months because of their demanding work schedules. Unlike a rigid truck and trailer, a semitrailer can be dropped off to be emptied and can go immediately with a new load, without having to wait to be loaded or unloaded.
The cargo length is substantially longer than that of a B-train, rigid truck or rigid truck with trailer because there is only one trailer rather than two.

 

Restraints
Buying a semi-truck can be expensive up front, which disadvantages small and medium-sized businesses. Manufacturers and operators may encounter challenges in complying with various regulations, such as those pertaining to safety, pollution, and weight limitations. A missing or damaged gladhand connector is a common issue when connecting a trailer. This causes air leakage from the seal, which prevents air from passing through the line to the piston at each wheel. Problems with the tyres account for half of truck breakdowns. If trailer tyres are not adequately maintained beforehand, there may be a tyre blowout. Trailers with low tread tyres, misaligned axles or underinflated tyres are more likely to experience a tyre blowout since these factors increase the load on the tyres. 
The probability of tyre air increasing in the summertime due to warm temperatures and increased friction from hot pavement raises the risk. Inadequate aerodynamics can result in increased air drag in a caravan. In essence, this puts more strain on the tractor engine, brake lines, and tyres. This extra load on critical components could potentially lead to a breakdown. Both the tractor and the trailer could experience electrical issues. Ignoring routine preventative maintenance might result in electrical shorts, which can create a number of issues like malfunctioning safety lights or damaged refrigeration compressors.


Opportunity
Utilising cutting-edge semi-trailer technology, such IoT and telematics, creates opportunities for higher security and productivity. The rapid growth of technology is causing revolutions in many fields that improve sustainability, safety, and efficiency. One industry that has grown considerably in recent years is semi-trucks. Thanks to technology improvements, these essential vehicles' capabilities and operations have experienced a dramatic change. In this blog article, we'll examine some of the newest innovations in semi-truck technology and their effects on the market. Technology is advancing quickly in the semi-trailer industry, leading to several advancements that boost sustainability, efficiency, and safety. These technological advancements are transforming the transport sector and creating the foundation for a more effective and sustainable transport network. Autonomous driving, electric/hybrid trucks, sophisticated safety systems, aerodynamic design, telematics and connection, and platooning technology are a few examples of these innovations. In the years to come, we might expect more amazing discoveries made possible by technological advancements that will fundamentally alter the way we see and utilise semi-trailers.

 

Recent Industry Insight
On     Nov. 2022, Heavy-Duty Truck and Semi-Trailer Values Continue Fall from Historic Highs
On July 2021, The road ahead for the UK Semi-trailer market


Key Target Audience
End User
Potential Investors
New Entrants
Innovation and R&D
Suppliers and Manufacturers
Others

 

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