FMI Research Report and Overview on Semi-Trailer Marke | Page 4

Semi-Trailer Market

Semi-Trailer Market : Expected To Observer Major Growth By 2027
Globally , on-road freight is extensively utilized source of transportation despite factors such as high GHS ( Green House Consumption ) and fuel consumption . Heavy duty tractor-trailers are one amongst prominent used transport vehicles for movement of goods across the globe .
Rising fuel prices and strict environment regulations have increased the demand for advanced trailer technologies among fleet owners . Fleet owners are gradually moving towards owning lighter semi-trailers which improve fuel efficiency , reduce operating costs , enhance fleet safety and expand asset connectivity and mobile resource productivity . Owing to a multitude of advantages such as these , advanced trailer technologies including telematics and safety systems have been anticipated to witness a significant demand .
Most of the manufacturers are shifting focus towards advanced chassis systems capable of handling extra weight . Furthermore , the semi-trailer market is also expected to receive a boost due to emission and fuel efficiency regulations in developed regions such as Europe and the U . S .
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