0

Global Low-Bed Trailer (LBT) Market 2017-2021

  • Published: Apr 2017
  • Pages: 70
  • SKU: IRTNTR12465
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report identifies Kögel Trailers, Krone, RAC, and Wabash as the key vendors in the global low-bed trailer market. This report also presents a detailed analysis of the market by application (2-axle, 3-axle, and 4-6 axle) and by geography (the Americas, APAC, and EMEA).

Overview of the global low-bed trailer (LBT) market

Technavio’s market research report predicts that the global low-bed trailer (LBT) market will grow at a CAGR of nearly 4% during the forecast period. High investment towards infrastructure development in the emerging countries is one of the primary drivers for market growth. The rising population in the APAC has led to the growth of the housing and construction industries in the region. For instance, China has invested about USD 207 billion for road construction and improvements. Similarly, India is also concentrating on the development of its infrastructure since almost 65% of the total freight is transported by road. The Indian government has already allotted almost USD 377 billion towards infrastructure development. Such infrastructure betterment projects that include the development of industrial regions, roads, and port connectivity will boost the demand for heavy commercial vehicles and freight transport, which will in turn, drive the demand for low-bed trailers in the coming years.

One of the latest trends that will gain traction in the global LBT market is the growing use of mass reduction technologies in fleet trucks. The adoption of new technologies such as innovations in engine design, use of low-rolling-resistance tires, idling reduction technologies, efficient aerodynamics assist in reducing emissions and offer more safety for tractors and trailers. Improved aerodynamics, low rolling resistance, and lesser curb weight are few additional technological features adopted to improve the fuel efficiency of trailers. Furthermore, to counter the aerodynamic drag between trucks and trailers, the coming years will also witness the adoption of devices such as truck rooftop fairings that will lessen the drag lag.

Competitive analysis and key vendors

The regional players dominate the global LBT market and there is intense competition among regional manufacturers. Kögel Trailers is one of the key market vendors that focuses on the development and manufacture of trailers for the construction industry across the globe. The company has a wide portfolio of products including platform trailers, tipper trailers, flatbed semi-trailers, flatbed turntable trailers, demountable systems, and refrigerated trailers. Additionally, the company also offers solutions such as COILFIX and CLIMATEX to provide coil loads on trailers, refrigerated trailers, and dry-box trailers.

Key vendors in the market are:

  • Kögel Trailers
  • Krone
  • RAC
  • Wabash

Other prominent vendors include Böckmann Fahrzeugwerke, Dennison Trailers, Great Dane, Humbaur, and Utility Trailer Manufacturing Company.

Segmentation by application and analysis of the LBT market

  • 2-axle
  • 3-axle
  • 4-6 axle

During 2016, the 3-axle application segment dominated the global low-bed semi-trailers market and is expected to continue its dominion over the next four years. The rise in demand for transporting large building and agricultural machines will be the major factor driving the growth of this market segment.

Geographical segmentation and analysis of the LBT market

  • Americas
  • APAC
  • EMEA

In terms of geography, APAC led the global low-bed semi-trailers market during 2016 and is foreseen to continue the domination during the forecast period as well.  Factors such as the rising preference for road transportation and the increase in number of infrastructure facilities such as roads, public buildings, bridges, and production halls in China and India will drive the requirement for specialized equipment and prefabricated structures and machines, propelling the growth of the market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global low-bed trailer market?
  • What are the key market trends impacting the growth of the global low-bed trailer market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global low-bed trailer market?
  • What are the market opportunities and threats faced by the vendors in the global low-bed trailer market? 
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global low-bed trailer market?

Technavio also offers customization on reports based on specific client requirement.

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by application

  • Global low bed trailer market by application
  • Global low bed trailer market by 2 axle segment
  • Global low bed trailer market by 3 axle segment
  • Global low bed trailer market in 4-6-axle segment

PART 07: Geographical segmentation

  • Global low bed trailer market by geography
  • Low bed trailer market in APAC
  • Low bed trailer market in Europe
  • Low bed trailer market in the Americas

PART 08: Key leading countries

  • China
  • US

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments

PART 11: Market trends

  • Growing use of mass reduction technologies in fleet trucks
  • Growing preference for connected trucks to aid fleet drivers
  • Lightweighting of components in low bed trailers and tractors

PART 12: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 13: Key vendor analysis

  • Kögel Trailers
  • Krone
  • RAC
  • Wabash

PART 14: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>