The article cited AMA's Global Flatbed Semi-Trailers Market Study explored substantial growth with CAGR of 4.8%. According the report, Increasing Demand for Aluminum-made Flatbed Semi-trailers
is one of the primary growth factors for the market. Introduction of All-electric Semi Trailer Trucks
is also expected to contribute significantly to the Flatbed Semi-Trailers market. Overall, Logistics
applications of Flatbed Semi-Trailers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Flatbed Semi-Trailers market identified that the demand is rising in many different parts of the world as "Growing Cold Chain Industry in Emerging Countries
". Furthermore, some recent industry insights like "In September 2022, Hyundai Translead launched HT LinkSense, an open-platform smart trailer solution integrated with multiple telematics partners such as CalAmp, Orbcomm, Phillips Connect, PowerFleet, Road Ready, Sensata Xirgo, SkyBitz, and Spireon. According to Hyundai Translead, HT LinkSense provides a universal link between sensor packages and existing telematics systems, giving fleets the flexibility to choose the sensor and telematics provider that meets their needs, while eliminating compatibility issues." is constantly making the industry dynamic. One of the challenges that industry facing is "Bringing Down the Total Cost of Ownership (TCO) and Introduction of Lightweight Semi-trailers"
The Capacity (Tonnage), such as Below 25 ton, is boosting the Flatbed Semi-Trailers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Flatbed Semi-Trailers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Flatbed Semi-Trailers market and other related sub-markets covered in the study.
o Key & emerging players in the Flatbed Semi-Trailers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Flatbed Semi-Trailers market size is calculated using market estimation process, the Flatbed Semi-Trailers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Flatbed Semi-Trailers market size has been validated using both top-down and bottom-up approaches.