Semi-Trailer Market
Semi-Trailer Market: Dynamics
There is an increase in demand from industries such as construction, retail, automotive and food & beverage to transport bulk material; which is, in turn, snowballing demand for the semi-trailer market. Based on current trends and anticipating future needs, manufacturers are seeking to reduce weight in semi-trailers. Prominent market players can use this as an opportunity to sustain their position in the semi-trailer market. Furthermore, burgeoning manufacturing activities in developing and developed regions are forecasted to foster the growth of the semi-trailer market in the future. However, pressure on manufacturers to maintain competitive pricing, along with the lack of proper infrastructure in emerging regions have been anticipated to restrain growth of the semi-trailer market.
Semi-Trailer Market: Segmentation
Broadly, the global semi-trailer market can be segmented by type into: Lowboy Flatbed Refrigerated Dry Van Others On the basis of tonnage, the global semi-trailer market can be segmented into: < 25 tons
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