Trailer manufacturers are increasingly producing light-weight trailers to comply with changing regulations. The shift towards lighter trailers can be attributed to increasing pressures on trucking companies owing to rising fuel prices and stricter regulatory environment. Stricter greenhouse gas emission regulations are compelling manufacturers to use a higher percentage of lightweight components in the assembly of trailers. Aluminum components, for instance, are being used to trim down the weight of trailers. The use of an aluminum air tank in a truck trailer instead of steel saves about 30 lbs. These lighter trailers allow trucking companies to reduce operating costs, lower trailer downtime, and improve efficiency and fleet safety.
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Truck trailer companies are incorporating telematics technology to enable efficient management of trailers for customers. Telematics is a method of monitoring an asset by using GPS and onboard diagnostics to record movements on a computerized map. Telematics for trailers work with data sensors on the trailer which are connected to a modem. Using GPS and a mobile network, lots of data information from the trailer can be tracked and used to improve business performance and road safety. It also helps in increasing trailer utilization for trucking companies. Another feature in telematics is the tyre pressure monitoring system (TPMS); this helps in enhancing fuel efficiency for freight operators.
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The truck trailer manufacturing industry includes companies manufacturing truck trailers, truck trailer chassis, cargo container chassis, detachable trailer bodies and detachable trailer chassis for sale separately. For example, automobile transporter trailers, boat transporter trailers, dump trailers, flatbed trailers, horse trailers, logging trailers, semi-trailers and tank trailers. The utility trailer market, and companies involved in manufacturing light-truck trailers and travel trailers are not included in this market.
The transportation manufacturing market, of which the truck trailer manufacturing market is a segment, consists of the revenues generated from services and related goods by entities (organizations, sole traders and partnerships) that provide benefits and facilities relating to food supplies, education, health care, disaster relief activities and housing services and are offered by private or government establishments to improve the living conditions and social well-being of under privileged children, disabled, elderly and the poor in a community.
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The truck trailer manufacturing market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider transportation manufacturing market, and compares it with other markets.