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Rapidly Growing Transportation and Logistics Industry to Drive the Market Growth
Most companies rely on external logistics companies to reduce their investment in vehicle fleets, miniaturization, and availability of different types of containers, tanks, and flatbeds, depending on their needs. On top of that, the significant expansion of e-commerce activities has increased the reliance of e-commerce companies on logistics service providers to ensure the transportation of goods through warehouses and distribution hubs.
In addition, trailers have the lowest transportation costs per ton per km compared to rigid trucks, further improving their acceptance in logistics operations. Considering these factors, the market in focus is expected to grow during the forecast period.
Find additional information about various other market Drivers mentioned in our sample report.
High Maintenance Cost to Challenge the Market Growth
The average service life of a new trailer is about 15 years, with proper maintenance. However, car trailers come with air suspension and are more costly than traditional trailers. Maintenance costs will increase if the suspension is used for more than three years. Also, trailer tires have an average lifespan of 25,000 to 50,000 miles.
Hence, changing tires further increases vehicle maintenance costs. Meanwhile, refrigerated trailers are equipped with a number of components that require regular maintenance, such as compressors, condensers, and evaporators, which increases maintenance costs. Such factors will limit the market growth during the forecast period.
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Flatbed Semi-trailer Market 2022-2026: Segmentation
- Type
- Combo Flatbed Semi-trailer
- Steel Flatbed Semi-trailer
- Aluminum Flatbed Semi-trailer
- Geography
- APAC
- North America
- Europe
- South America
- MEA
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Flatbed Semi-Trailer Market 2022-2026: Vendor Analysis and Scope
The flatbed semi-trailer market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.
Moreover, some of the major vendors of the flatbed semi-trailer market includes:
- Alum Line Trailers
- China International Marine Containers (Group) Ltd.
- East Manufacturing Corp.
- FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG
- Featherlite Trailer Manufacturing LLC
- Great Dane LLC
- Hyundai Motor Co.
- Schmitz Cargobull AG
- Utility Trailer Manufacturing Co.
- Wabash National Corp.
The Report also Covers the Following Areas:
Flatbed Semi-Trailer Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist flatbed semi-trailer market growth during the next five years
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the flatbed semi-trailer market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of flatbed semi-trailer market vendors
Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!
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Flatbed Semi-Trailer Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 3.98% |
Market growth 2022-2026 |
40.14 th units |
Market structure |
Fragmented |
YoY growth (%) |
6.49 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 50% |
Key consumer countries |
China, US, Germany, India, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Alum Line Trailers, China International Marine Containers (Group) Ltd., East Manufacturing Corp., FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG, Featherlite Trailer Manufacturing LLC, Great Dane LLC, Hyundai Motor Co., Schmitz Cargobull AG, Utility Trailer Manufacturing Co., and Wabash National Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
2.3 Value chain analysis
Exhibit 02: Value chain analysis: Auto Parts and Equipment
2.3.1 Inputs
2.3.2 Inbound logistics
2.3.3 Operations
2.3.4 Distribution and logistics
2.3.5 Marketing and sales
2.3.6 Service
2.3.7 Industry innovations
3. Market Sizing
3.1 Market definition
Exhibit 03: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 04: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 05: Global - Market size and forecast 2021 - 2026 (thousand units)
Exhibit 06: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 07: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 08: Market condition - Five forces 2021
5. Market Segmentation by Type
5.1 Market segments
The segments covered in this chapter are:
- Combo flatbed semi-trailer
- Steel flatbed semi-trailer
- Aluminum flatbed semi-trailer
Exhibit 09: Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 10: Comparison by Type
5.3 Combo flatbed semi-trailer - Market size and forecast 2021-2026
Exhibit 11: Combo flatbed semi-trailer - Market size and forecast 2021-2026 (thousand units)
Exhibit 12: Combo flatbed semi-trailer - Year-over-year growth 2021-2026 (%)
5.4 Steel flatbed semi-trailer - Market size and forecast 2021-2026
Exhibit 13: Steel flatbed semi-trailer - Market size and forecast 2021-2026 (thousand units)
Exhibit 14: Steel flatbed semi-trailer - Year-over-year growth 2021-2026 (%)
5.5 Aluminum flatbed semi-trailer - Market size and forecast 2021-2026
Exhibit 15: Aluminum flatbed semi-trailer - Market size and forecast 2021-2026 (thousand units)
Exhibit 16: Aluminum flatbed semi-trailer - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Type
Exhibit 17: Market opportunity by Type
6. Customer landscape
6.1 Overview
Exhibit 18: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 19: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 20: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 21: APAC - Market size and forecast 2021-2026 (thousand units)
Exhibit 22: APAC - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 23: North America - Market size and forecast 2021-2026 (thousand units)
Exhibit 24: North America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 25: Europe - Market size and forecast 2021-2026 (thousand units)
Exhibit 26: Europe - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 27: South America - Market size and forecast 2021-2026 (thousand units)
Exhibit 28: South America - Year-over-year growth 2021-2026 (%)
7.7 MEA - Market size and forecast 2021-2026
Exhibit 29: MEA - Market size and forecast 2021-2026 (thousand units)
Exhibit 30: MEA - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 31: Key leading countries
7.9 Market opportunity by geography
Exhibit 32: Market opportunity by geography (thousand units)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rapidly growing transportation and logistics industry
8.1.2 Increasing demand from the European Logistics Sector
8.1.3 Stringent regulations on emissions and fuel consumption
8.2 Market challenges
8.2.1 High maintenance cost
8.2.2 Local players in the unorganized sector
8.2.3 Threats posed to market vendors by low-cost Chinese flatbed semi-trailers
Exhibit 33: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing demand for semi-trailers in emerging economies
8.3.2 Growing popularity of aluminum flatbed semi-trailers
8.3.3 Truck platooning concept spurring demand for semi-trailers
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 34: Vendor Landscape
9.3 Landscape disruption
Exhibit 35: Landscape disruption
9.4 Industry risks
Exhibit 36: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 37: Vendors covered
10.2 Market positioning of vendors
Exhibit 38: Market positioning of vendors
10.3 Alum Line Trailers
Exhibit 39: Alum Line Trailers - Overview
Exhibit 40: Alum Line Trailers - Product and service
Exhibit 41: Alum Line Trailers - Key offerings
10.4 China International Marine Containers (Group) Ltd
Exhibit 42: China International Marine Containers (Group) Ltd. - Overview
Exhibit 43: China International Marine Containers (Group) Ltd. - Business segments
Exhibit 44: China International Marine Containers (Group) Ltd. - Key offerings
Exhibit 45: China International Marine Containers (Group) Ltd. - Segment focus
10.5 East Manufacturing Corp.
Exhibit 46: East Manufacturing Corp. - Overview
Exhibit 47: East Manufacturing Corp. - Product and service
Exhibit 48: East Manufacturing Corp. - Key offerings
10.6 FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG
Exhibit 49: FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG - Overview
Exhibit 50: FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG - Business segments
Exhibit 51: FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG - Key offerings
Exhibit 52: FAHRZEUGWERK BERNARD KRONE GMBH & CO. KG - Segment focus
10.7 Featherlite Trailer Manufacturing LLC
Exhibit 53: Featherlite Trailer Manufacturing LLC - Overview
Exhibit 54: Featherlite Trailer Manufacturing LLC - Product and service
Exhibit 55: Featherlite Trailer Manufacturing LLC - Key offerings
10.8 Great Dane LLC
Exhibit 56: Great Dane LLC - Overview
Exhibit 57: Great Dane LLC - Product and service
Exhibit 58: Great Dane LLC - Key offerings
10.9 Hyundai Motor Co.
Exhibit 59: Hyundai Motor Co. - Overview
Exhibit 60: Hyundai Motor Co. - Business segments
Exhibit 61: Hyundai Motor Co. - Key offerings
Exhibit 62: Hyundai Motor Co. - Segment focus
10.10 Schmitz Cargobull AG
Exhibit 63: Schmitz Cargobull AG - Overview
Exhibit 64: Schmitz Cargobull AG - Product and service
Exhibit 65: Schmitz Cargobull AG - Key offerings
10.11 Utility Trailer Manufacturing Co.
Exhibit 66: Utility Trailer Manufacturing Co. - Overview
Exhibit 67: Utility Trailer Manufacturing Co. - Product and service
Exhibit 68: Utility Trailer Manufacturing Co. - Key offerings
10.12 Wabash National Corp.
Exhibit 69: Wabash National Corp. - Overview
Exhibit 70: Wabash National Corp. - Business segments
Exhibit 71: Wabash National Corp. - Key offerings
Exhibit 72: Wabash National Corp. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 73: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 74: Research Methodology
Exhibit 75: Validation techniques employed for market sizing
Exhibit 76: Information sources
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