What is Car Carrier Market?
The car carrier is also known as car hauler and auto transport. Car carrier refers to car caring trailer which is specially designed for caring for cars from one to another destination. Car carriers transport vehicles on a horizontal stage that slides or tilts to the ground to enable loading and unloading of the cars. Additionally, a car carrier can also be used to transport vehicles damaged by conventional towing methods or cars with dangerous chassis and wheel destruction. There is two type of car carrier is available such as open-air car carrier and enclosed car carrier.
Highlights from Car Carrier Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Miller Industries (United States), CIMC (China), Boydstun (United States), Cottrell (United States), Kässbohrer (Germany), Dongfeng Trucks (China), MAN (Germany), Landoll (United States), Kentucky Trailers (United States) and Delavan (United States) |
The competitive landscape, which includes important mergers and acquisitions, future capacity, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Car Carrier market throughout the forecasted period.
Miller Industries (United States), CIMC (China), Boydstun (United States), Cottrell (United States), Kässbohrer (Germany), Dongfeng Trucks (China), MAN (Germany), Landoll (United States), Kentucky Trailers (United States) and Delavan (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Wally-Mo Trailer (United States) and Infinity Trailer (United States). Car Carrier Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Automobile Sales Servicshop 4S, Terminals and Others |
Type | Open-Air Car Carrier and Enclosed Car Carrier |
Material | Steel,Aluminum,Fiber,Plastic |
On the basis of geography, the market of Car Carrier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Up Surging Demand due to Car Damage and Growing Tourism through Private Cars
Market Growth Drivers:
Rising Transportation Activity and Increase Incidences of Road Accidents
Challenges:
Minimizes Car Mileage
Restraints:
A Threat of Substitutes in Car Carrier Market
Opportunities:
Technological Innovations in Car Carrier
Key Target Audience
Car Carrier Manufactures, Car Carrier Supplier/ Distributor/ Retailer, End Users of Car Carrier, Market research and consulting firms, Private Research Institutes, Government Research Institutes and Others
Market Leaders & Development Strategies
In 2018, Pune-based Force Motors has announced that they are going to acquire Pithampur-based manufacturing plant of German commercial vehicle maker MAN Trucks. The amount of deal not yet disclosed.
In 2018, Kässbohrer (Europe’s fastest growing semi-trailer manufacturer) has presented its wide product range and presenting its broad semi-trailer services to the mobility, transportation and logistics world at the upcoming 67thIAA Commercial Vehicles Exhibition.