Automotive Trailer Market: By Trailer Type, By End-User, and Geography

Automotive Trailer Market Size, Share, Growth, Trends, and Global Industry Analysis: By Trailer Type (Dry Van, Refrigerated, Flatbed, and Others), By End-User (Commercial and Non-Commercial), and Region

Automotive Trailer Market size was valued at US$ 22, 289.3 million in 2023 and is poised to grow at a CAGR of 4.3% from 2024 to 2030. Automotive trailers are non-motorized vehicles designed to be towed by powered vehicles for transporting goods, vehicles, or equipment. These trailers play a crucial role in the logistics and transportation industry, accounting for a significant portion of freight movement globally. The increasing demand for efficient goods transportation, coupled with the growth of e-commerce and the expansion of the construction industry, drives market growth. The COVID-19 pandemic initially disrupted supply chains but subsequently accelerated e-commerce growth, boosting demand for trailers.

Technological advancements in trailer design, such as lightweight materials and aerodynamic profiles, contribute to market expansion by improving fuel efficiency and payload capacity. Additionally, the growing popularity of recreational vehicles (RVs) and camping trailers, particularly in North America and Europe, further fuels market growth. However, challenges such as stringent regulations on trailer dimensions and weight, and the impact of economic downturns on the transportation industry may hinder market growth. The North America region held the major market share in 2023 and is expected to maintain its dominance in the forecast period.

Automotive Trailer Market Key Developments:
  • In 2022, Wabash National Corporation introduced its new DuraPlate® dry van trailer, featuring advanced composite materials for improved durability and weight reduction. This innovation aims to:
  • Increase payload capacity for carriers
  • Improve fuel efficiency
  • Enhance overall trailer lifespan
  • In September 2023, Schmitz Cargobull AG launched its next-generation S.KO COOL SMART reefer semi-trailer, incorporating:
  • Advanced telematics for real-time temperature monitoring
  • Improved insulation for better energy efficiency
  • AI-assisted route optimization capabilities

Automotive Trailer Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Automotive Trailer Market Dynamics

The automotive trailer market is significantly influenced by macroeconomic factors and industry-specific trends. The increasing need for efficient goods transportation, driven by globalization and cross-border trade, propels market growth. According to the World Trade Organization, global merchandise trade volume grew by 3.2% in 2022, underscoring the demand for logistics solutions. The rise of e-commerce has transformed supply chain dynamics, necessitating a diverse range of trailers to meet varied transportation needs. Additionally, the growth in the construction industry, particularly in emerging economies, drives demand for flatbed and lowboy trailers. However, the market faces challenges such as fluctuating raw material prices, which impact manufacturing costs and profit margins. The development of smart trailers, equipped with IoT sensors and telematics, represents a key trend, enabling real-time tracking and predictive maintenance. Environmental concerns are driving innovations in trailer design, focusing on reducing carbon footprints through lightweight materials and alternative propulsion technologies.

Automotive Trailer Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

4.3%

By Trailer Type

  • Dry Van
  • Refrigerated
  • Flatbed
  • Others (Tankers, Lowboys, Dump Trailers)

By End User

  • Commercial (Logistics, Construction, Agriculture)
  • Non-Commercial (Recreational, Personal Use)

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

Automotive Trailer Market was valued at US$ 22, 289.3 million in 2023 and is expected to grow at a CAGR of 4.3% from 2024 to 2030.

The Automotive Trailer Market is segmented based on Test Type, End User, and Geography.

The leading players in the global Automotive Trailer Market are Great Dane, Utility Trailer Manufacturing Company, Wabash National Corporation, Schmitz Cargobull, Krone Commercial Vehicle Group, Kogel Trailer GmbH, Hyundai Translead, Schwarzmüller Group, Wilhelm Schwarzmüller GmbH, Fontaine Trailer Company, MAC Trailer Manufacturing, Stoughton Trailers, Manac Inc., Vanguard National Trailer Corp., and CIMC (China International Marine Containers).

Historic years considered for the market study are 2019-2022, 2023 is considered as the base year for market estimation, and Seven years forecast is presented from 2024 – 2030.

1.Executive Summary
2.Global Automotive Trailer Market Introduction 
2.1.Global Automotive Trailer Market  - Taxonomy
2.2.Global Automotive Trailer Market  - Definitions
2.2.1.Trailer Type
2.2.2.End User
2.2.3.Region
3.Global Automotive Trailer Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Automotive Trailer Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Automotive Trailer Market  By Trailer Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Dry Van
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Refrigerated
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Flatbed
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others (Tankers, Lowboys, Dump Trailers)
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Automotive Trailer Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Commercial (Logistics, Construction, Agriculture)
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Non-Commercial (Recreational, Personal Use)
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Automotive Trailer Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Automotive Trailer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Trailer Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Dry Van
8.1.2.Refrigerated
8.1.3.Flatbed
8.1.4.Others (Tankers, Lowboys, Dump Trailers)
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Commercial (Logistics, Construction, Agriculture)
8.2.2.Non-Commercial (Recreational, Personal Use)
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Automotive Trailer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Trailer Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Dry Van
9.1.2.Refrigerated
9.1.3.Flatbed
9.1.4.Others (Tankers, Lowboys, Dump Trailers)
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Commercial (Logistics, Construction, Agriculture)
9.2.2.Non-Commercial (Recreational, Personal Use)
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Automotive Trailer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Trailer Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Dry Van
10.1.2.Refrigerated
10.1.3.Flatbed
10.1.4.Others (Tankers, Lowboys, Dump Trailers)
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Commercial (Logistics, Construction, Agriculture)
10.2.2.Non-Commercial (Recreational, Personal Use)
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Automotive Trailer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Trailer Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Dry Van
11.1.2.Refrigerated
11.1.3.Flatbed
11.1.4.Others (Tankers, Lowboys, Dump Trailers)
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Commercial (Logistics, Construction, Agriculture)
11.2.2.Non-Commercial (Recreational, Personal Use)
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Automotive Trailer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Trailer Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Dry Van
12.1.2.Refrigerated
12.1.3.Flatbed
12.1.4.Others (Tankers, Lowboys, Dump Trailers)
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Commercial (Logistics, Construction, Agriculture)
12.2.2.Non-Commercial (Recreational, Personal Use)
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Great Dane
13.2.2.Utility Trailer Manufacturing Company
13.2.3.Wabash National Corporation
13.2.4.Schmitz Cargobull
13.2.5.Krone Commercial Vehicle Group
13.2.6.Kogel Trailer GmbH
13.2.7.Hyundai Translead
13.2.8.Schwarzmüller Group
13.2.9.Wilhelm Schwarzmüller GmbH
13.2.10.Fontaine Trailer Company
13.2.11.MAC Trailer Manufacturing
13.2.12.Stoughton Trailers
13.2.13.Manac Inc.
13.2.14.Vanguard National Trailer Corp.
13.2.15.CIMC (China International Marine Containers)
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Great Dane
  • Utility Trailer Manufacturing Company
  • Wabash National Corporation
  • Schmitz Cargobull
  • Krone Commercial Vehicle Group
  • Kogel Trailer GmbH
  • Hyundai Translead
  • Schwarzmüller Group
  • Wilhelm Schwarzmüller GmbH
  • Fontaine Trailer Company
  • MAC Trailer Manufacturing
  • Stoughton Trailers
  • Manac Inc.
  • Vanguard National Trailer Corp.
  • CIMC (China International Marine Containers)

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