DUBLIN--(BUSINESS WIRE)--The "Automotive Trailer Market by Trailer Type, Axle Type, Vehicle Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global automotive trailer market was valued at $21,895.0 million in 2016, and is projected to reach at $28,538.5 million by 2023, growing at a CAGR of 3.8% from 2017 to 2023.

Automotive trailers are unpowered vehicles dragged by powered vehicles, which are used to transport goods and commodities. Industrial growth in the emerging economies and rise in manufacturing activities have a positive impact on the demand for automotive trailers. The report provides a detailed analysis of the market with reference to the trailer types.

Reduction in cost in terms of fuel consumption & emission, extra carriage capacity of the automotive trailers, and their environment-friendly nature drive the growth of the market. However, high maintenance cost and reduced resale value restrain the market growth. On the contrary, the development of the transportation and logistics industry is expected to provide lucrative growth opportunities for the market.

The global automotive trailer market is segmented into trailer type, axle type, vehicle type, and region. Based on trailer type, the market is categorized into dry van, box trailer, flatbed, tripper, refrigerated trailer, and others. Depending on axle type, it is bifurcated into single axle and tandem axle. By vehicle type, it is classified into two-wheeler, passenger car, and commercial vehicle. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies Mentioned:

  • China International Marine Containers Co., Ltd
  • Schmitz Cargobull Aktiengesellschaft
  • Wabash National Corporation
  • Great Dane
  • Dennison Trailers Ltd.
  • Utility Trailer Manufacturing Company
  • Hyundai Motor Group
  • Humbaur GmbH
  • Ifor Williams Trailers Ltd.
  • Bckmann Fahrzeugwerke GmbH

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Automotive Trailer Market, By Trailer Type

Chapter 5: Automotive Trailer Market, By Axle Type

Chapter 6: Automotive Trailer Market, By Vehicle Type

Chapter 7: Automotive Trailer Market, By Region

Chapter 8: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/5msm39/global_automotive?w=4

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Related Topics: Automotive Drivetrain and Transmission Components , Trucks