Global Semitrailer (Semi-Trailer) Market Growth 2025-2031

Global Semitrailer (Semi-Trailer) Market Growth 2025-2031

The global Semitrailer (Semi-Trailer) market size is predicted to grow from US$ 21810 million in 2025 to US$ 26790 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

A semitrailer is a trailer without a front axle. A large proportion of its weight is supported by a tractor unit, a detachable front axle assembly known as a dolly, or the tail of another trailer.

China is the largest semitrailer (semi-trailer) market with about 35% market share. North America is follower, accounting for about 30% market share.

The key players are Schmitz Cargobull, Krone, Kogel, CIMC, Schwarzmüller Group, etc. Top 5 companies occupied about 33% market share.In terms of product, refrigerated semitrailer is the largest segment, with a share over 33%. And in terms of application, the largest application is logistics, followed by food.

LP Information, Inc. (LPI) ' newest research report, the “Semitrailer (Semi-Trailer) Industry Forecast” looks at past sales and reviews total world Semitrailer (Semi-Trailer) sales in 2024, providing a comprehensive analysis by region and market sector of projected Semitrailer (Semi-Trailer) sales for 2025 through 2031. With Semitrailer (Semi-Trailer) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semitrailer (Semi-Trailer) industry.

This Insight Report provides a comprehensive analysis of the global Semitrailer (Semi-Trailer) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semitrailer (Semi-Trailer) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semitrailer (Semi-Trailer) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semitrailer (Semi-Trailer) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semitrailer (Semi-Trailer).

This report presents a comprehensive overview, market shares, and growth opportunities of Semitrailer (Semi-Trailer) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Flatbed Semitrailer
Lowboy Semitrailer
Dry Van Semitrailer
Refrigerated Semitrailer
Others

Segmentation by Application:
Logistics
Chemical
Food
Cement
Oil and Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CIMC
Schmitz Cargobull
Wabash National
Krone
Great Dane
Utility Trailer
Hyundai Translead
Luoxiang
Welton
Kogel
Stoughton
Schwarzmüller Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Semitrailer (Semi-Trailer) market?

What factors are driving Semitrailer (Semi-Trailer) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Semitrailer (Semi-Trailer) market opportunities vary by end market size?

How does Semitrailer (Semi-Trailer) break out by Type, by Application?