Market Research Report
Platform Trailer Manufacturing in North America: Size, Shares, Segmentation, Competitors, Channels, Trend and Outlook Underlying the Manufacture of Platform Trailers, 2018-2023 Analysis & Outlook
|Published by||SpecialtyResearch.net||Product code||827280|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Platform Trailer Manufacturing in North America: Size, Shares, Segmentation, Competitors, Channels, Trend and Outlook Underlying the Manufacture of Platform Trailers, 2018-2023 Analysis & Outlook|
|Published: March 13, 2019||Content info: 120 Pages||
This market research report by SpecialtyResearch.net examines platform and curtainside trailer fabrication in the United States, Canada and Mexico.
Over forty thousand units were manufactured by 69 companies in the USMCA (ex-NAFTA) market in 2018, for a combined annual output of $1.3 billion. The platform trailer segment is a fragmented market, with a large number of regional manufacturers. Despite this, the segment is dominated by the leading players, with the ten leading fabricators accounting for close to 80% of total units. Mexican manufacturers have also increased their participation, indicating that their favorable price point is assisting in market share gains. Many platform trailer manufacturers also fabricate other types of trailers, such as dump and tank trailers.
The construction industry is the main customer segment for platform trailers. Demand for these trailers is directly linked to the level of construction activity in the United States and Canada. Total construction starts in 2019 are expected to remain flat over 2018. However demand for platform trailers is projected to grow moderately through 2020, with replacement demand expected to be the main demand driver after 2019.
Curtainside trailers are a niche segment, and only two manufacturers fabricate these trailers in-house. Demand for curtainside trailers is mainly fulfilled by dealers of platform trailers who convert flatbed/drop deck units into curtainside trailers based on customer requirements.
The report can be put to immediate use for sales and market planning, M&A identification, competitive share analysis, alliances and technology transfer considerations.