Report ID: SQMIG20G2010
Dry Van Trailers Market Size, Share, Growth Analysis, By Type(3-4 axles and >4 axles), By Application(Heavy industry, construction, medical, food and beverages), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20G2010 |
Region:
Global |
Published Date: April, 2024
Pages:
202
|
Tables:
65 |
Figures:
76
Dry Van Trailers Market Regional Insights
North America is expected to account for the largest share during the forecast period due to the presence of a majority of the players operating in the United States. The North American Free Trade Agreement (NAFTA), which allows free trade between the US, Canada, and Mexico, would lead to increased fleet operation in this region. Increasing business activities and consumer expenditure on multiple end use products and commodities is further projected to create a push in freight transportation, thereby helping this region continue to generate the largest share in the forecast period.
Asia Pacific is expected to grow at the fastest rate during the forecast period. The growth of this region is attributed to the increasing number of players, and the growing demand for better transportation services in the emerging countries such as China and India.
Dry Van Trailers Market Report Snapshots
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