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Global Modular Trailer market report, size, share, trends and forecast to 2028

According to Stratistics MRC, the Global Modular Trailers Market is accounted for $8.76 billion in 2022 and is expected to reach $12.65 billion by 2028 growing at a CAGR of 6.3% during the forecast period. 

Modular trailers are unique vehicles used in a variety of sectors to transport bulky, heavy, and difficult-to-disassemble freight. They are employed in mining operations due to their lateral stability feature. They are extensively employed in fields like construction and the iron and steel industries. The programme is used to command the trailers and produce an axel line. Because of the way they are built, they are designed to carry large loads. These trailers are available in a variety of setups to satisfy particular industrial standards.

According to estimates, the modular trailer market’s section for heavy engineering is rapidly expanding. Modular trailers are used to move a lot of heavy engineering equipment, including steam generators and boilers. Additionally, trailers may move equipment and transfer already-built parts to locations for installation. The trailer is lighter and more durable thanks to its hydraulic pendulum axle and 53-degree steering angle. Concrete grinders, among other things, can be transported on it.

By geography, North America is projected to hold the largest market share during the forecast period owing to the high demand from the mining sector and the introduction of creative solutions by major players, the market is anticipated to expand. Future growth in Asia Pacific is anticipated to be exponential due to rising demand from the building sector. Due to the rising need for raw resources, mining operations have expanded in the area. This has prompted numerous international businesses to set up shop in this area, making it the one with the highest rate of market growth.

Some of the key players profiled in the Modular Trailers Market include Anster, Demarko Special Trailers, Doll Fahrzeugbau GmbH, Fagioli S.p.A, Faymonville Group, Goldhofer, K-Line Trailers Ltd., Nooteboom Trailers, TII Group, VMT Industries Pvt. Ltd., ABCC, Hugeiron Tech, Shandong Titan Vehicle, VMT Industries, Tratec Engineers

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By Types:

  • Telescopic/Extendable
  • Lowboy
  • Multi-axle
  • Other Types

By Number of Axles:

  • 2 Axles
  • > 2 Axles

By Applications:

  • Natural Mining
  • Construction
  • Heavy Engineering
  • Wind & Energy
  • Chemical
  • Infrastructure
  • Other Applications

Free Customization Offerings: 

All the customers of this report will be entitled to receive one of the following free customization options: 

  • Company Profiling 
  • Comprehensive profiling of additional market players (up to 3) 
  • SWOT Analysis of key players (up to 3) 
  • Regional Segmentation 
  • Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check) 
  • Competitive Benchmarking 
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances 

 

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