The trailer manufacturers in the current scenario are witnessing significant demand for their products as the global freight forwarding business is stalling. The rise in trailer manufacturing has pressurized the fender manufacturers to increase their production lines, as the trailer manufacturer's line fit fenders on their semi-trailers as well as jumbo trailers. This factor is a key factor for trailer fender market growth. Also, the demand for fuel efficient trailers is constantly increasing. The fenders reduce aerodynamic drag of the vehicle, thereby, increasing the fuel efficiency of the trailer. This factor is also acting as a catalyzer for trailer fender market.
MARKET DYNAMICS
The rise in cross-border freight forwarding activities and industry players have led to rise in production and sales of trailers. Increase in production of semi-trailers and jumbo trailers is catalyzing the businesses of fender manufacturers, thereby, driving the trailer fender market. In addition, the governments of developed countries as well as developing countries are emphasizing heavily on reduction of greenhouse gases emitted from vehicles. The fenders are used to decrease the emission of greenhouse gas, and the stringent rules and regulations from the government is propelling the trailer fender market.
MARKET SCOPE
The "Global Trailer Fender Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of trailer fender market with detailed market segmentation by fender type, trailer type and geography. The global trailer fender market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading trailer fender market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global trailer fender market is segmented on the basis of fender type and trailer type. Based on fender type, the market is segmented as single axle fenders, half fenders, and full tandem fenders. Based on trailer type, the market is segmented into semi-trailer and jumbo trailer.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global trailer fender market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The trailer fender market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting trailer fender market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the trailer fender market in these regions.
MARKET PLAYERS
The reports cover key developments in the trailer fender market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from trailer fender market are anticipated to lucrative growth opportunities in the future with the rising demand for trailer fender in the global market. Below mentioned is the list of few companies engaged in the trailer fender market.
The report also includes the profiles of key trailer fender companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Ace Manufacturing Inc.
- BettsHD
- Class Eight Manufacturing Inc.
- Fleetline, Inc.
- Hogebuilt, Inc.
- Jones Performance Products
- Jonesco (Preston) Ltd.
- Minimizer LLC
- Robmar Plastics
- W.T.I Truck Accessories (Watt Trucking, Inc.)
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.