Projeted Growth

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Semi Trailer Market by Product Type (Flatbed Semitrailer, Lowboy Semitrailer, Dry Van Semitrailer and Refrigerated Semitrailer) by Application (Food, Construction, Chemical and Logistics) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 116 | Report Code: PSMR- PSMR-007095 | Report Format : PDF

Report Coverage

Parameters Details

Base Year


Historical Data


Forecast Data


Base Year Value (2021)

USD 28064.65 million

Forecast Value (2028)

USD 37180.45815 million

CAGR (2022 to 2028)

4.1 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Global Semi Trailer Market is estimated to reach USD 35716.1 million by 2027, growing at a CAGR of 4.1% between 2019 and 2027  

A Semi Trailer is a trailer without a front axle that is used extensively. The factors leading to the growth of the Semi Trailer market are the growing cold chain industry, and the increase in the use of advanced technologies such as telematics and stability control. The growth of the cold chain industry can be attributed to the growth in large-format supermarket retailing. The installation of advanced devices such as temperature recorder with built-in GSM modem and remote temperature monitoring in the refrigerated trailers, is benefitting trailer owners and managers in the real-time monitoring of the trailer, thereby driving the growth of the market.  

The market is expected to have growth opportunities in the forecast period with the rapid adoption of modern technologies such as Semi Trailer platooning and electric Semi Trailer truck. The market is also expected to grow with the adoption of electronic braking systems, as an opportunity. However, the growth of this market is expected to be restrained by the existence of local players in unorganized sector, and transportation of goods through sea and air. The growth of this market could also be challenged by lightweight Semi Trailers and lowering the total cost of ownership (TCO).  

The study covers detail analysis, growth and forecast of the Semi Trailer Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2014 to 2017 and market forecast for 2019 to 2027 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2014-27 and compound annual growth rate (CAGR) in % for from 2019-2027. The market is expected to show constant growth between 2019-2027.  

The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints for Semi Trailer Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study Semi Trailer Market helps user to make precise decision in order to expand their market presence and increase market share.  

The report provides Semi Trailer Market Dynamics ,includes industry growth drivers, challenges, opportunities , risk, constraints as well as threats .Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Semi Trailer Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  

 Global Semi Trailer Market

Global Semi Trailer Market: Product Type

  • Flatbed Semitrailer
  • Lowboy Semitrailer
  • Dry Van Semitrailer
  • Refrigerated Semitrailer

Global Semi Trailer Market: Application

  • Food
  • Construction
  • Chemical
  • Logistics

Global Semi Trailer Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Semi Trailer Market:

  • Wabash National Corporation
  • Schmitz Cargobull
  • Kogel Trailer GmbH & Co.KG
  • Great Dane Trailers
  • American Trailer & Storage
  • PACCAR Inc.
  • China International Marine Containers Co. Ltd.
  • Utility Trailer Manufacturing Company
  • FAW Siping
  • Tianjin Lohr
  • Xiamen XGMA
  • Guangdong Mingwei
  • Hebei Hongtai
  • Huida Heavy
  • Liangshan Tongya
  • Manac
  • Hyundai Translead

Geographical analysis of Global Semi Trailer Market:

  • North America
    • U.S.A.
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Semi Trailer Market Report delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Frequently Asked Questions (FAQ)

Semi Trailer Market was valued at around USD 28064.65 million in 2021 & estimated to reach USD 37180.45815 by 2028.

Semi Trailer Market is likely to grow at compounded annual growth rate (CAGR) of 4.1% between 2022 to 2028.

Yes, the report includes COVID 19 impact on the market.

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