North America Automotive Trailer Market Size, Share & Industry Trends Analysis Report By Vehicle Type (Commercial Vehicle, Two-wheeler & Bike and Passenger Car), By Axle Type, By Trailer Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Automotive Trailer Market would witness market growth of 3.5% CAGR during the forecast period (2022-2028).
A full trailer refers to a freight trailer driven by the rear and front axles and drawn by a drawbar. This trailer is known as an A-frame drawbar trailer in several countries. Length and width specifications for commercial freight trailers are determined by the country of operation. The dimensions of a trailer, including the length and breadth, vary according to the area of origin.
A full trailer is a towed vehicle with at least two axles and a towing device that controls the direction of the front axle(s) but does not impart a considerable static load to the towing vehicle. Common varieties of complete trailers include the flat deck, hard side/box, curtain side, and bathtub tipper designs with up to two-axle combinations at the drawbar end and three at the trailer's rear. A motorcycle trailer is a trailer that is meant to transport motorcycles behind a car or truck.
These trailers could be open and enclosed and range in size from those capable of transporting multiple motorcycles to those that can carry only one. They may be purpose-built motorcycle trailers with ramps and tie-downs, or they may be utility trailers permanently or periodically altered to transport one or more motorcycles. The second form of motorcycle trailer is a frame with wheels and a hitch mechanism that is meant to convey cargo by motorcycle.
The logistics sector in the United States is an extremely integrated supply chain network that connects producers and consumers via many modes of transportation, including air as well as express delivery services, freight train, maritime, and trucking. Additionally, the United States is a top logistics market. Logistics services are integral to the planning and implementation of the movement of products at every level. These may also include air as well as express delivery, freight rail, sea, and trucking.
The US market dominated the North America Automotive Trailer Market by Country in 2021; thereby, achieving a market value of $5.6 billion by 2028. The Canada market is experiencing a CAGR of 5.9% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 5% during (2022 - 2028).
Based on Vehicle Type the market is segmented into Commercial Vehicle, Two-wheeler & Bike and Passenger Car. Based on Axle Type, the market is segmented Tandem Axle, Single Axle and Three or More Than Three Axle. Based on Trailer Type the market is segmented into Dry Van & Box, Refrigerator, Chemical & Liquid, Tipper, Flatbed and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hyundai Motor Company, Wabash National Corporation, Böckmann Fahrzeugwerke GmbH, China International Marine Containers (Group) Ltd., Dennison Trailers Ltd., Great Dane Trailers, Humbaur GmbH, Ifor Williams Trailers Ltd. and Schmitz Cargobull AG.
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Type
- Commercial Vehicle
- Two-wheeler & Bike
- Passenger Car
By Axle Type
- Tandem Axle
- Single Axle
- Three or More Than Three Axle
By Trailer Type
- Dry Van & Box
- Chemical & Liquid
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hyundai Motor Company
- Wabash National Corporation
- Böckmann Fahrzeugwerke GmbH
- China International Marine Containers (Group) Ltd.
- Dennison Trailers Ltd.
- Great Dane Trailers
- Humbaur GmbH
- Ifor Williams Trailers Ltd.
- Schmitz Cargobull AG
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