The Global Truck Trailers Market Was Valued At $26 Billion In 2017 According To TBRC’s Latest Report
The global truck trailer market was valued at $25.3 billion in 2017. Asia Pacific was the largest geographic region accounting for 38% of the global market.
(EMAILWIRE.COM, August 01, 2018 ) Truck trailers are non-automotive freight vehicles that are to be drawn by motor truck. The truck trailer manufacturing industry comprises establishments primarily engaged in manufacturing truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies, and detachable trailer chassis for sale separately.
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The global truck trailer market was valued at $26 billion in 2017. Among regional markets, Asia Pacific was the largest geographic region in the market, accounting for two-fifth of the global market share. The market saw a growth due to the increase in new vehicle sales in rapidly developing countries such as China and India, owing to rise in disposable income, increased demand for vehicles, availability of credit and low fuel prices.
The market in the report is segmented into: automobile trailers, boat trailers, logging trailers and others truck trailers.
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China was the largest country in the market, accounting for one-fifth of the global truck trailer market. China was followed by the USA and Germany as the next largest countries in the market.
The top five competitors in the market are: Great Dane Limited Partnership followed by Utility Trailer Manufacturing Co., Vanguard national trailer Corp., Fontaine Trailer Company and Wabash. Great Dane Limited Partnership manufactures and distributes commercial transportation equipment. It offers dry and refrigerated trailers; truck bodies; steel, aluminium, and combo platform trailers; and aftermarket parts and services. The company is based in Chicago, Illinois with an additional corporate office in Savannah, Georgia.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
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Email: info@tbrc.info
Order the report at
https://www.thebusinessresearchcompany.com/report/truck-trailer-global-market-report-2018
The global truck trailer market was valued at $26 billion in 2017. Among regional markets, Asia Pacific was the largest geographic region in the market, accounting for two-fifth of the global market share. The market saw a growth due to the increase in new vehicle sales in rapidly developing countries such as China and India, owing to rise in disposable income, increased demand for vehicles, availability of credit and low fuel prices.
The market in the report is segmented into: automobile trailers, boat trailers, logging trailers and others truck trailers.
Download a sample of the report at
https://www.thebusinessresearchcompany.com/sample.aspx?id=349&type=smp
China was the largest country in the market, accounting for one-fifth of the global truck trailer market. China was followed by the USA and Germany as the next largest countries in the market.
The top five competitors in the market are: Great Dane Limited Partnership followed by Utility Trailer Manufacturing Co., Vanguard national trailer Corp., Fontaine Trailer Company and Wabash. Great Dane Limited Partnership manufactures and distributes commercial transportation equipment. It offers dry and refrigerated trailers; truck bodies; steel, aluminium, and combo platform trailers; and aftermarket parts and services. The company is based in Chicago, Illinois with an additional corporate office in Savannah, Georgia.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results