Low Bed Trailer Market Forecast Covering Growth
Inclinations & Development Strategies until 2026
Low Bed Trailer Market research provides industry analysis by
type, manufacturer, application along with key factors influencing
the growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively
analyze
their
market
share
and
core
competencies.
A low bed trailer is utilized in various applications and has the capability to carry loads up to 12
feet high. A low bed trailer is majorly used to carry oversized cargo such as industrial equipment,
bulldozers. The high spending for infrastructure development in the emerging economies such as
China and India is a key driver for the global low bed trailer market. For example, for road
construction, China invested US$ 207 billion in 2015 and built 49,000 miles of expressways.
Similarly, for the development of 35,000 km of roads across the country, the Indian government
released funding of US$ 45 billion. The 14000 km will be developed for feeder route and 21000
km will be for economic corridor. Moreover, the Indian government also released the fund of US$
65 billion for the upgrade of two lane national highway to four lane national highway.
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Hence, this increasing investment of the road construction have increased the demand of
transportation of heavy manufacturing equipment has fueled the market of low bed trailer
globally. In addition to this, the increasing adoption of mass reduction technology by the OEMs
for the fleet trucks for increasing demand of fuel efficiency also become one of the major driver
for the growth of the global low bed trailer market. Improved aerodynamics, low rolling