Europe Light Car Trailer Market Size, Share & Industry Trends Analysis Report By Type (Utility and Recreational), By Axle (Single Axle and Multi Axle), By Design (Open and Enclosed), By Product, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Light Car Trailer Market would witness market growth of 3.3% CAGR during the forecast period (2022-2028).
There are various styles of trailers used to tow livestock, like horses, sheep, pigs, and cattle. Out of them, the most common is the stock trailer. These trailers are closed from the bottom., but are open at eye level to allow the animals inside to breathe. The horse trailer is the most specialized stock trailer. Horse trailers are designed to provide safety and comfort for the animals as they are usually transported for competitions or work, so they must be in their peak physical form.
They are equipped with adjustable windows & vents and have suspension to give a smooth ride, so the animal doesn’t get any stress during the ride. Also, the internal walls help the animal maintain a straight position and prevent them from injuring each other during transportation. A bigger horse trailer may also feature additional storage for their gear and living quarters, kitchen, and bathroom for the driver.
Horse trailers and stock trailers have ranged from smaller units that can hold few animals, which can be towed by an SUV or a pick-up truck, to a large semi-trailer capable enough to haul a vast number of animals. Baggage trailers transport loose baggage, mail bags, carton boxes, loose cargo, oversized bags, etc., between the sorting facility or terminal and the aircraft. Dollies for loose baggage come with a brake system that prohibits the wheels from turning when the rod is not linked to a tug. Most dolls for loose baggage are usually closed except for the sides with plastic curtains to save them from the weather.
Germany is responsible for approximately 30 percent of all manufactured passenger cars and nearly 20 percent of all new registrations. Germany also states to have the most significant OEM plant in Europe. Germany has 41 OEM sites and had 51 percent shares in OEM in Western Europe in 2015. Poland, considered the most influential Eastern Europe market and accounts for 355,000 units in passenger vehicle sales, is next to Germany. The ever-growing demand for automobiles and the OEM will require transportation, eventually growing the region's light car trailer market.
The Germany market dominated the Europe Light Car Trailer Market by Country in 2021; thereby, achieving a market value of $124.6 million by 2028. The UK market is exhibiting a CAGR of 2.5% during (2022 - 2028). Additionally, The France market would experience a CAGR of 4.1% during (2022 - 2028).
Based on Type, the market is segmented into Utility and Recreational. Based on Axle, the market is segmented into Single Axle and Multi Axle. Based on Design, the market is segmented into Open and Enclosed. Based on Product, the market is segmented into Motorcycle, Snowmobile, OEM, Passenger, and Watercraft. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Light Car Trailer Market will Hit $1.9 Billion by 2028, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ATC Trailers Holdings, Inc., Felling Trailers, Inc., SylvanSport, LLC, Aluma, Ltd., Haulmark Industries, Inc. (American Cargo Group), Kaufman Trailers, Inc., Look Trailers (Novae Corporation), Woodford Trailers Ltd., Sundowner Trailer, Inc. and Diamond C Trailer .
Scope of the Study
Market Segments Covered in the Report:
- Single Axle
- Multi Axle
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ATC Trailers Holdings, Inc.
- Felling Trailers, Inc.
- SylvanSport, LLC
- Aluma, Ltd.
- Haulmark Industries, Inc. (American Cargo Group)
- Kaufman Trailers, Inc.
- Look Trailers (Novae Corporation)
- Woodford Trailers Ltd.
- Sundowner Trailer, Inc.
- Diamond C Trailer
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