Global Automobile Trailers Market Was Valued At $10 Billion In 2017 According to TBRC’s Latest Report

Automobile trailers industry group comprises of establishments primarily engaged in manufacturing motor vehicle bodies and cabs or manufacturing truck, automobile and utility trailers, truck trailer chassis, detachable trailer bodies, and detachable trailer chassis.

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The global automobile trailers market was valued at $10 billion in 2017, and is expected to be driven by the use of light weight vehicles to improve fuel efficiency. Asia Pacific was the largest region in the automobile trailers market in 2017, accounting for nearly two-fifth of the market share.

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China was the biggest player in the automobile trailers market in 2017, accounting for one-fifth market share.

The top five competitors in the market are Wabash National Corporation, Great Dane Limited, Hyundai Translead, Utility Trailer Manufacturing Company, and Vanguard National Trailer Corporation. Wabash National Corporation Industries was the biggest player in the automobile trailers market. Wabash National is an American diversified industrial manufacturing company and North America’s largest producer of semi-trailers and liquid transportation systems. Wabash National Corporation specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, intermodal equipment, engineered products and composite products, headquartered in Lafayette, Indiana, United States  and had 364,445 employees as of 2017.

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