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Low Bed Trailer Market report categorizes global market on the basis of product type, and application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
Low Bed Trailer Market - Global Industry Insights,
Trends, 2017–2025
Low bed trailer Market Outlook – North America holds the largest market of the
global Low-bed trailer market.
On the basis of geography, global Low-bed trailer market is classified into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia pacific
holds the dominant position in the global Low-bed trailer market in 2016 and is
projected to retain its dominance throughout the forecast period. The increasing
infrastructure facilities such as production halls, bridges, public buildings, roads and
many more in Asia pacific countries such as India, China has increased the demand of
specialized equipment and manufacturing structures and machines provides the
growth opportunity to the Asia pacific low bed trailer market. For example, for
highway network the china government have a target to build 3 million km by 2020
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Moreover, the Indian government also released the fund of US$ 65 billion for the
upgrade of two lane national highway to four lane national highway. Hence, this
increasing investment of the road construction have increased the demand of
transportation of heavy manufacturing equipment has fueled the market of low bed
trailer globally. In addition to this, the increasing adoption of mass reduction
technology by the OEMs for the fleet trucks for increasing demand of fuel efficiency
also become one of the major driver for the growth of the global low bed trailer
market. Improved aerodynamics, low rolling resistance, use of low-rolling-resistance
tires, idling reduction technologies are some of the new technologies adopted by the
OEMs which helps to improve the fuel efficiency of the trailers.
In addition to this, the increasing demand of freight for defense equipment and
shortage of vehicle logistics for rail and road transport are some of the other drivers
which also provides the growth opportunity to the global low bed trailer market.
Key companies of global Low bed trailer market
Kögel Trailer GmbH & Co.KG, Bernard Krone Holding SE & Co. KG, Wabash
National Corporation, Böckmann Fahrzeugwerke GmbH, Dennison Trailers ltd, Great
Dane Trailers, Humbaur GmbH, Utility Trailer Manufacturing Company are some of
the key companies of the global Low bed trailer market.
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Low bed trailer market taxonomy
On the basis of product type, the global Low-bed trailer market is classified into:
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2 axle
3 axle
4 axle
6 axle
Others
Based on product segment the 3 axle product segment holds the dominant position in
the global Low-bed trailer market in 2016 and is projected to retain its dominance
throughout the forecast period. The increasing demand for transportation of
agriculture and building machines become the major driving factor for the growth of 3
axle product in the global Low-bed trailer market
On the basis of application, the global Low-bed trailer market is classified into:
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Forestry Application
Mining Industry Application
Engineering Construction Application
Other
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Author
apeksha motghare
apeksha motghare455   documents Email
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