Low Bed Trailer Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

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Low Bed Trailer Market - Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2017-2025

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REPORT DESCRIPTION
Low Bed Trailer Market Overview
A low bed trailer is utilized in various
applications and has the capability to carry
loads up to 12 feet high. A low bed trailer is
majorly used to carry oversized cargo such as
industrial equipment, bulldozers. The high
spending for infrastructure development in the
emerging economies such as China and India is a
key driver for the global low bed trailer market.
For example, for road construction, China
invested US 207 billion in 2015 and built 49,000
miles of expressways. Similarly, for the
development of 35,000 km of roads across the
country, the Indian government released funding
of US 45 billion. The 14000 km will be developed
for feeder route and 21000 km will be for
economic corridor. Moreover, the Indian
government also released the fund of US 65
billion for the upgrade of two lane national
highway to four lane national highway. Hence,
this increasing investment of the road
construction have increased the demand of
transportation of heavy manufacturing equipment
has fueled the market of low bed trailer
globally. In addition to this, the increasing
adoption of mass reduction technology by the OEMs
for the fleet trucks for increasing demand of
fuel efficiency also become one of the major
driver for the growth of the global low bed
trailer market. Improved aerodynamics, low
rolling resistance, use of low-rolling-resistance
tires, idling reduction technologies are some of
the new technologies adopted by the OEMs which
helps to improve the fuel efficiency of the
trailers.
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REPORT DESCRIPTION

• Market Taxonomy
• On the basis of product type, the global Low-bed
  trailer market is classified into
• 2 axle
• 3 axle
• 4 axle
• 6 axle
• Others
• Based on product segment the 3 axle product
  segment holds the dominant position in the global
  Low-bed trailer market in 2016 and is projected
  to retain its dominance throughout the forecast
  period. The increasing demand for transportation
  of agriculture and building machines become the
  major driving factor for the growth of 3 axle
  product in the global Low-bed trailer market
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REPORT DESCRIPTION
Low bed trailer Market Outlook North America
holds the largest market of the global Low-bed
trailer market. On the basis of geography,
global Low-bed trailer market is classified into
North America, Europe, Asia Pacific, Latin
America, Middle East, and Africa. Asia pacific
holds the dominant position in the global Low-bed
trailer market in 2016 and is projected to retain
its dominance throughout the forecast period. The
increasing infrastructure facilities such as
production halls, bridges, public buildings,
roads and many more in Asia pacific countries
such as India, China has increased the demand of
specialized equipment and manufacturing
structures and machines provides the growth
opportunity to the Asia pacific low bed trailer
market. For example, for highway network the
china government have a target to build 3 million
km by 2020 Key companies of global Low bed
trailer market Kögel Trailer GmbH Co.KG,
Bernard Krone Holding SE Co. KG, Wabash
National Corporation, Böckmann Fahrzeugwerke
GmbH, Dennison Trailers ltd, Great Dane Trailers,
Humbaur GmbH, Utility Trailer Manufacturing
Company are some of the key companies of the
global Low bed trailer market. To Get Discount
on this Report https//www.coherentmarketinsights
.com/insight/request-discount/676
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