Global Composite Truck Bodies Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Composite Truck Bodies market size was valued at USD 367.3 million in 2023 and is forecast to a readjusted size of USD 549.9 million by 2030 with a CAGR of 5.9% during review period.
Composite bodies are lighter than aluminum, yet specially designed to withstand the same loading and working conditions of equivalent steel bodies. Advanced composite construction offers a significant reduction in vehicle weight—up to 60% lighter than traditional steel—for improved fuel efficiency and added long-term savings. The reduced weight load also minimizes the need for routine vehicle maintenance by lessening the stress forced on tires, brakes, and suspension systems.
The Global Info Research report includes an overview of the development of the Composite Truck Bodies industry chain, the market status of Industrial (Fiberglass, Carbon Fibers), Commercial (Fiberglass, Carbon Fibers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Composite Truck Bodies.
Regionally, the report analyzes the Composite Truck Bodies markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Composite Truck Bodies market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Composite Truck Bodies market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Composite Truck Bodies industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Fiberglass, Carbon Fibers).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Composite Truck Bodies market.
Regional Analysis: The report involves examining the Composite Truck Bodies market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Composite Truck Bodies market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Composite Truck Bodies:
Company Analysis: Report covers individual Composite Truck Bodies manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Composite Truck Bodies This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial, Commercial).
Technology Analysis: Report covers specific technologies relevant to Composite Truck Bodies. It assesses the current state, advancements, and potential future developments in Composite Truck Bodies areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Composite Truck Bodies market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Composite Truck Bodies market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Fiberglass
Carbon Fibers
Others
Market segment by Application
Industrial
Commercial
Utility
Major players covered
BrandFX Body Company
LAMILUX
Bullex-Schwall
Total Composites Technologies Ltd
Composite Truck Body LLC
Altec
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Composite Truck Bodies product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Composite Truck Bodies, with price, sales, revenue and global market share of Composite Truck Bodies from 2019 to 2024.
Chapter 3, the Composite Truck Bodies competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Composite Truck Bodies breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Composite Truck Bodies market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Composite Truck Bodies.
Chapter 14 and 15, to describe Composite Truck Bodies sales channel, distributors, customers, research findings and conclusion.