SEMI-TRAILER MARKET ANALYSIS

Regional Analysis

Global Semi-Trailer Market: Regional Insights

North America is projected to show substantial growth in the global semi-trailer market during the forecast period. The factors driving growth of the market in this region are constantly growing retail sector and presence of huge trucking industry in the region. As the number of aging fleet is increasing in North America that should be replace with advanced semi-trailers, the market is witnessing strong growth in the region. Moreover, the region has supporting government regulations around weight carrying capacity and dimensions of semi-trailers. These factors are expected to augment growth of the global semi-trailer market over the forecast period.

Moreover, Asia Pacific is likely to show promising growth in the global semi-trailer market over the forecast period. This is owing to developing countries such as China and India comprising larger supply chain and logistics networks have become fastest-growing economies all over the world. The e-commerce industry of this region is likely to drive the demand for dry vans trailers in the near future. This in turn is anticipated to augment growth of the global semi-trailer market in Asia Pacific region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa