Semi Trailer Market
Semi Trailer Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Semi Trailer Market Size and Growth
The global semi-trailer market is projected to reach a size of $30.5 billion by 2027, driven by increasing demand for transportation and logistics services. Market conditions are favorable due to growth in e-commerce and industrial activities. Key players in the market include Wabash, Utility Trailer, Great Dane, and Hyundai.
Companies Covered
(Covid 19 Impact Covered)
◍ Daimler AG
◍ Schmitz Cargobull
◍ Great Dane
◍ Utility Trailer
◍ Paccar
◍ Volvo
◍ Wabash National Corporation
◍ Fontaine
◍ Hyundai Translead
◍ Navistar
◍ Kogel Trailer Gmbh
◍ Schwarzmuller Group
◍ CIMC
◍ Liangshan Huayu
◍ SINOTRUK
◍ FAW Siping
◍ Huida Heavy
The semi trailer market is highly competitive with key players like Daimler AG, Schmitz Cargobull, Great Dane, and Utility Trailer dominating the industry. These companies offer a wide range of semi trailers, contributing to the market's growth. Sales revenue figures for certain companies: Daimler AG ($217.6 billion), Volvo Group ($45.7 billion), Wabash National Corporation ($1.98 billion).
Market Segmentation
By Application
◍ Cement Industry
◍ Food Industry
◍ Chemical Industry
◍ Logistics Industry
◍ Oil and Gas Industry
◍ Other
By Product
◍ Up To 50 Tonnes
◍ 50-100 Tonnes
◍ 100+ Tonnes
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Market Growth
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$ X Billion USD