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Showing posts with the label Semi-trailer Market Size

Semi-trailer Market Is Expected To Reach USD 42.3 Billion By 2030

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  The global transportation and logistics sector is evolving rapidly, driven by expanding trade networks, surging e-commerce activity, and growing infrastructure investments. At the center of this transformation is the semi-trailer market, a critical component of road freight operations that ensures efficient movement of goods across cities, regions, and borders. The  semi-trailer market  was valued at USD 22.8 billion in 2024  and is projected to reach  USD 42.3 billion by 2033 , registering a  compound annual growth rate (CAGR) of 7.2% from 2025 to 2033 . This growth highlights the increasing reliance on commercial trailers to support modern supply chains and meet rising freight demands worldwide. Why Semi-Trailers Matter Semi-trailers form the backbone of long-haul and heavy-duty transportation. Their ability to carry large and diverse cargo loads makes them indispensable for industries such as manufacturing, retail, construction, food and beverages, che...

Semi-trailer Market To Witness A Significant Growth Of USD 29.36 Billion By 2028

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  San Francisco, 10 May 2023:  The Report   Semi-trailer Market  Size, Share & Trends Analysis Report By Type (Flat Bed Trailer, Dry Vans, Refrigerated Trailers, Lowboy Trailers, Tankers), By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2021 - 2028 The global semi-trailer market size is anticipated to reach USD 29.36 billion by 2028, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Increasing demand across the construction, defense, automotive, and energy sectors is anticipated to be a key factor driving market growth. In addition, increasing dependence of e-commerce companies on third-party logistics (3PL) providers to ensure transportation of goods through hub and spoke distribution model is also expected to augment market growth in the coming years. Furthermore, expanding cold chain and logistics industry is contributing significantly to the market growth. Less than truckload (LTL) and fu...