North American Trailer Technology Report 2021 - Regulations Mandating Safety Assistance Features and the Impact of Connected Tire Telematics Technology Propel Growth

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Jan 24, 2022, 15:45 ET

DUBLIN, Jan. 24, 2022 /PRNewswire/ -- The "North American Technological Advances in Trailer Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

The North American trailer market plays a vital role in the transportation sector. Nearly 75% of all Class 8 trucks are tractors. Each tractor requires a trailer to haul goods.

More than 250,000 trailers are produced each year against an average of 162,000 tractors over the same period. The average trailer to tractor ratio ranges between 1.4-1.8, which means approximately 1.6 trailers for every tractor.

Trailers come in many sizes, dimensions, and shapes to suit each application. The most common trailers are dry van, reefer, platform, and tank trailers; dump beds; and container chassis. Predominantly used to transport packaged dry goods in pallets, dry van trailers have a 55% market share, followed by reefer trailers - used to transport perishables goods at specific temperatures - with a much lower 14% market share. With a 12.5% market share, platform trailers mainly come in three types: Flatbed, low bed, and coil haulers.

These trailers are typically open beds with no roof or sides and transport bulk goods. Container chassis used to transport shipping containers between warehouses and ports comprises 8% of the trailer market but is termed chiefly as incomplete chassis/trailer due to the product's skeletal construction. Other major applications include tanker trailers [4% share of market (SoM)], dump trailers (2.5% SoM), and miscellaneous applications (e.g., hauling grain, poles and logs, and livestock), which contribute to another 4% of the trailer market.

Though trailers have been around for a long time, the publisher observed drastic technological advancements only in the past decade. We expect this trend to continue into the foreseeable future. Three significant advances are in aerodynamic devices, telematics solutions, and electric capable reefer units. Driven by stricter emission norms, the need for an improved total cost of ownership, and

better trailer efficiency, fleet customers have widely adopted each technology in recent times.

Trailers took a back seat to tractors in technological advancements for a long time. However, recent years demonstrated fast-changing trailer technology and customers' willingness to adopt it quickly.

The top five megatrends of technological advances expected to impact trailer production and customer benefits in the next decade are:

Better fuel efficiency through innovative aerodynamic devices
Smart trailer solutions that drive trailer efficiency through real-time trailer data and offer analysis and actionable options
Cleaner emissions through electric-capable TRUs
Improved payload through innovative manufacturing/materials technology
An efficient supply chain for faster and more reliable trailer production

Key Topics Covered:

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the North American Technological Advances in the Trailer Market
Growth Opportunities Fuel the Growth Pipeline Engine

Growth Environment

North American Trailer Production
Application Share and Major Trailer Manufacturers
Top 5 Mega Trends Impacting the Trailer Market
Improved FE through Aero Devices
Trailer Telematics Outlook
Trailer Electrification
Research Scope
Research Aims and Objectives
Key Questions this Study Will Answer

Market Overview

Key Growth Metrics
Key Competitors
Growth Drivers
Growth Restraints

Rules and Regulations

Major Regulatory Authorities for Trailers
Trailer Dimensions
GHG Emissions - Phase 2

Major Applications

Trailer Application Overview
Major Trends in Trailer Applications

Aerodynamic Devices

Introduction to Aerodynamic Devices
Aerodynamic Device Adoption
Top 4 Aero Devices
Other Aero Devices
Major Trends in Trailer Aero Devices

Smart Trailers

Telematics Functionalities
Trailer Telematics - Transition to Smart Trailers
Smart Trailer Devices - List of Features

Trailer Electrification

Reefer Trailers - Challenges with Diesel-driven TRUs
Electric - capable TRUs - Cleaner, TCO - friendly Option
Electric - capable TRUs - Benefit Analysis

Production Outlook

Trailer Production Outlook
Competitive Environment
Market Share

Key Innovators

Trailer Innovation - Manufacturers
Drov Technologies - AirBoxOne Product
eNow Energy - Solar-powered eTRUs
Doleco USA - LayerLok Systems

Manufacturer Profiles

Hyundai Translead
Wabash National
Utility Trailer
Great Dane

Growth Opportunity Universe

Growth Opportunity 1 - Smart Trailers
Growth Opportunity 2 - Transition toward eTRU Concepts
Growth Opportunity 3 - Innovations in Trailer Aerodynamics

Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/2mifmt

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets