The global low-bed trailer market to grow at a CAGR of 3.88% during the period 2017-2021.
The report, Global Low-Bed Trailer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one driver in market is high investment in infrastructure in emerging countries. Housing and construction industries in APAC are growing as the region accommodates more than half of the global population. The discarding of the one-child policy in China was projected to bring an increased requirement for housing and residential construction by 2016. The construction activities were expected to increase by 1% by 2016 to cater to the needs of the rising population. In China, between 2001 and 2004, the investment in rural roads was increased by approximately 51% annually. In the past decade, China had built 31,000 miles of expressways, which is approximately two-third of the length of the entire US Interstate Highway System.
In 2015, China had built 49,000 miles of expressways (2.6 million miles of roads when compared with 2002). The investment in infrastructure is growing as China had invested approximately $207 billion for road construction and upgrades. The infrastructure was well supported by the Chinese government's five-year plan, which proposed to complete 186,000 miles by 2015, with an addition of nine separate north-south lines and 18 expressways that run from the east to west of China.
- Kögel Trailers
Other prominent vendors
- Böckmann Fahrzeugwerke
- Dennison Trailers
- Great Dane
Utility Trailer Manufacturing Company
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/2vj48x/global_lowbed