Semi-Trailer Market Size, Share, Growth, Report 2025
The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. Road transportation is a widely utilized mode of transportation of goods because of wide inland connectivity in many regions and the cost advantages it offers over other modes of transportation. Increasing manufacturing activities,...
Semi-Trailer Market Size, Industry Share, Forecast Report 2025
The global semi-trailer market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. Increasing manufacturing activities, urbanization, need for effective transportation, and widening of the rural area road networks are major factors fueling the growth of the semi-trailer market.
Implementation of advanced...