Over the past few year, factors such as Growing Demand for Automotive Trailer Which has Less-maintenance
have contributed to the development of the Global Automotive Trailer market.
Undoubtedly, Growing Need to Increase Carriage Capacity to Obtain Fuel-efficiency
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Automotive Trailer market is expected to make a significant contribution, with an estimated market to reach USD28.7 Billion by 2024 growing at a CAGR of 3.56%.
AMA research has engaged in the competitive assessment of China & Global Automotive Trailer Vendors for 5 years. The Top 10 Competitive Vendors in the Automotive Trailer in 2018 clearly displays the competitive situations of main Automotive Trailer Vendorsin 2018. The research shows that companies in top 10 list are divided up by dominating countries, namely, American occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Vendors such as China International Marine Containers Co., Ltd (China), Schmitz Cargobull Aktiengesellschaft (Germany), Wabash National Corporation (United States), Great Dane Trailers (United States), Dennison Trailers Ltd. (United Kingdom), Utility Trailer Manufacturing Company (United States), Hyundai Motor Group (South Korea), Humbaur GmbH (Germany), Ifor Williams Trailers Ltd. (United Kingdom) and Böckmann Fahrzeugwerke GmbH (Germany) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Automotive Trailer industry.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Automotive Trailer market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Data Triangulation The overall Automotive Trailer market size is calculated using market estimation process, the Automotive Trailer market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive Trailer market size has been validated using both top-down and bottom-up approaches.