Light Car Trailers Market Expected to Expand at a Steady CAGR through 2028Posted by vakhas on January 9th, 2019 An unpowered vehicle towed by a powered vehicle is known as a trailer. The light car trailers are the ones used to haul lightweight automotive behind an automobile or a truck. The light car trailers are used to transport automotive from one place to another, especially when the route terrain is unsuitable for driving the automotive. Being prominently used for recreational purposes, the light car trailers are extensively used by sports enthusiasts and travelers. Given its design, the light car trailer is an unpowered vehicle. There may be chances of reduced fuel efficiency in the powered vehicle due to the increased load. Considering the rising fuel costs, the light car trailers market is anticipated to grow at a steady pace. With the governments implementing strict labor laws, more recreational time for the employee coupled with the growing rate of disposable income is expected to marginally impact the light car trailers market. The trend for using light car trailers has been well established in some developed parts of the world while it is yet to pace up in the developing regions. North America light car trailers market is estimated to retain its dominance throughout the forecast period. Europe is estimated to follow North America in the light car trailers market. Countries such as New Zealand and Australia (OCEANIA) are bigger markets for light car trailers in Asia Pacific. A slower growth is expected in the other parts of Asia Pacific and a marginal growth in the Middle East and Africa and Latin America light car trailers market. Some of the market participants in the global light car trailers market identified across the value chain include Aluma, Ltd., ATC Trailers, WOODFORD TRAILERS LTD, SylvanSport, LLC., FUTURA TRAILERS USA, Pace American, Kaufman Trailers., Haulmark The light car trailers research report presents a comprehensive assessment of the light car trailers market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The light car trailers research report provides analysis and information according to market segments such as geographies, ship type and sales channel. The light car trailers report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The light car trailers report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The light car trailers report also maps the qualitative impact of various market factors on market segments and geographies. Like it? Share it!More by this author |