Market Research Logo

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

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

About Low-Bed Trailer

A low bed trailer is one of the many types of semi-trailers and is used for versatile applications and to carry loads that are up to 12 feet high, which other trailers cannot accommodate. It is mainly used to carry oversized cargo, including bulldozers and industrial equipment. The global low bed trailer market in the report has been segmented based on the axle type: 2 axle, 3 axle, and 4-6 axle. The geography has been categorized into three regions: APAC, Europe, and the Americas.

Technavio’s analysts forecast the global low-bed trailer market to grow at a CAGR of 3.88% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global low-bed trailer market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Low-Bed Trailer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Kögel Trailers
  • Krone
  • RAC
  • Wabash
Other prominent vendors
  • Böckmann Fahrzeugwerke
  • Dennison Trailers
  • Great Dane
  • Humbaur
  • Utility Trailer Manufacturing Company
Market driver
  • Shortage in vehicle logistics for road and rail transport.
  • For a full, detailed list, view our report
Market challenge
  • Highly unorganized market for low bed trailers in emerging countries.
  • For a full, detailed list, view our report
Market trend
  • Lightweighting of components in low bed trailers and tractors.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Low-Bed Trailer Market 2017-2021

Technavio recognizes the following companies as the key players in the global low-bed trailer market: Kögel Trailers, Krone, RAC, and Wabash.

Other Prominent Vendors in the market are: Böckmann Fahrzeugwerke, Dennison Trailers, Great Dane, Humbaur, and Utility Trailer Manufacturing Company.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing use of mass reduction technologies in fleet trucks. There is a growing trend for the use of safety equipment and mass reduction technologies in tractors and low bed trailers. Under the US heavy-duty Phase 1 regulation for tractors, there is an increase in the adoption of new technologies for tractors and trailers. There are innovations in the engine design, use of low-rolling-resistance tires, idling reduction technologies, and streamlined aerodynamics that help reduce the emissions and provide more safety for the tractors and trailers.”

According to the report, one driver in market is high investment in infrastructure in emerging countries. Housing and construction industries in APAC are growing as the region accommodates more than half of the global population. The discarding of the one-child policy in China was projected to bring an increased requirement for housing and residential construction by 2016. The construction activities were expected to increase by 1% by 2016 to cater to the needs of the rising population. In China, between 2001 and 2004, the investment in rural roads was increased by approximately 51% annually. In the past decade, China had built 31,000 miles of expressways, which is approximately two-third of the length of the entire US Interstate Highway System. In 2015, China had built 49,000 miles of expressways (2.6 million miles of roads when compared with 2002). The investment in infrastructure is growing as China had invested approximately $207 billion for road construction and upgrades. The infrastructure was well supported by the Chinese government's five-year plan, which proposed to complete 186,000 miles by 2015, with an addition of nine separate north-south lines and 18 expressways that run from the east to west of China.

Further, the report states that one challenges in market is highly unorganized market for low bed trailers in emerging countries. The total trailer market size in India is approximately 18,500 units per annum, and the Indian market for overburden tippers is approximately 3,000 units. Both the markets are estimated to grow at a CAGR of 12% till 2020. The trailer market in India is highly fragmented with many regional players contributing over 80% of the total trailer production. Meanwhile, the organized sector is trying to manufacture and gaining acceptance of high-quality trailers in the market. The tipper trailer segment has recently seen global truck OEMs launching high-performance tippers with heavy-duty bodies.

Companies Mentioned

Kögel Trailers, Krone, RAC, Wabash, Böckmann Fahrzeugwerke, Dennison Trailers, Great Dane, Humbaur, and Utility Trailer Manufacturing Company.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Overview of global low bed trailer market
    • Market size and forecast
      • Table Global low bed trailer market 2016-2021 (thousands of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global low bed trailer market by application
      • Table Global low bed trailer market by application 2016 and 2021
    • Global low bed trailer market by 2 axle segment
      • Table Global low bed trailer market by 2-axle segment 2016-2021 (thousands of units)
    • Global low bed trailer market by 3 axle segment
      • Table Global low bed trailer market by 3 axle segment 2016-2021 (thousands of units)
    • Global low bed trailer market in 4-6-axle segment
      • Table Global low bed trailer market in 4-6-axle segment 2016-2021 (thousands of units)
  • Geographical segmentation
    • Global low bed trailer market by geography
      • Table Global low bed trailer market by geography 2016 and 2021
      • Table Global low bed trailer market by region 2016-2021 (thousands of units)
    • Low bed trailer market in APAC
      • Table Low bed trailer market in APAC 2016-2021 (thousands of units)
    • Low bed trailer market in Europe
      • Table Low bed trailer market in Europe in 2016-2021 (thousands of units)
    • Low bed trailer market in the Americas
      • Table Low bed trailer market in Americas 2016-2021 (thousands of units)
  • Key leading countries
    • Table Key leading countries
    • China
    • US
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • 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
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Kögel Trailers
      • Table Kögel Trailers: Product portfolio
      • Table Kögel Trailers: Recent developments
    • Krone
      • Table Krone: Product portfolio
      • Table Krone: Recent developments
    • RAC
      • Table RAC: Product portfolio
    • Wabash
      • Table Wabash: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report