Global Trailers Market

The trailers are generally an unpowered vehicle towed by a powered vehicle that is mostly used for the transport of goods and materials. There is a fifth wheel coupling that is used for connecting the tractive unit to a towed unit by means a unpowered vehicle is towed. The tractor is normally a tractive unit which is responsible to pull the towed unit, but in few cases like the multiple trailer train, a fifth wheel also can be located on a lead trailer. The function of fifth wheel is mainly to permit articulation between the tractive and the towed units. The are many factors that are responsible for the increasing number of advancements and demand for good trailers like the safety of products that are to be transported in the trailers; avoidance in the damage of goods carried, increase in regional transport of goods, regional treaty that facilitates trade between two region, improvement in roadways and many other factors. In the coming years, the increasing demand for heavy commercial vehicles in the regions of Europe and Asia-Oceania, mainly in China, India and Japan, is expected to drive the market for more advanced trailers system in commercial vehicles.

The report covers the market for trailers market in terms of volume that is provided in terms of thousand units whereas the value for the trailer market is given in terms of $million from 2014-2019. The trailers market is broadly segmented by axle (2 Axle, 3 Axle, 4 Axle, 5 Axle, 6 Axle and 7 Axle & above). The market is further segmented by gross vehicle weight rate (Less than 910 kg, 910 kg to 1590 kg, 1590 kg to 2270 kg, and 2270 kg to 4540 kg), and region (Asia-Oceania, Europe, North America & ROW) focusing on key countries in each region.

This report classifies and defines the trailers market volume and value. It also facilitates the qualitative insights about the types of trailers and its key components. The report also gives a wide-ranging review of the market drivers, restraints, opportunities, challenges, and key issues in the trailers market. The key players in the market for trailer systems have also been identified and profiled. The report describes various changes that are being adopted in trailers as well as any such issue that is prevailing in the market.