The Asia Pacific Light Car Trailer Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
The trailer’s stability is seen by its ability to reduce side-to-side motion as much as possible. Aerodynamic forces usually cause the initial movement, for instance, a passing vehicle or a crosswind. The center of mass following the wheel is the most common criterion for the trailer’s stability, which the tongue weight can check. The tongue weight will be harmful if the trailer's center of mass is behind its wheels, and hence the trailer will be unstable. Some vehicles come with trailer stability software that, to some extent, compensates for the instability caused by any improper loading.
A particular type of platform trailer unit, with components like independently steerable axles, swing axels, hydraulic suspension, two or more axel rows, the ability to use a power pack unit (PPU) for height adjusting & steering, and the connectivity to join two or more teams laterally or longitudinally. They are utilized to carry oversize loads, which are hard to disassemble.
The manufacturing of these trailers is done with tensile steel, capable enough to hold the weight with the aid of single or many ballast tractors that push and pull these units through a gooseneck or a drawbar, jointly making it a heavy transporter unit. Bridge sections, industrial machinery (like turbines and generators), oil rig modules, and ship sections are some of the usual loads these trailers carry. SPMTs are self-powered units of the modular hydraulic trailer, usually used when the ballast tractors cannot be utilized.
Mega Familiarization Program (Mega Fam), organized by tourism Malaysia and the Malaysian MotoGP 2011, Malaysia's premier motorcycle race, had 24 participants from nine countries. The Malaysian MotoGP will occur in the Sepang International Circuit (SIC) between 21 and 23 October. During the group's stay there, they will be shown many tourist attractions and attend the MotoGP race. The initiatives to increase awareness about tourism and the rising of motorsport will help boost the region's light car trailer market as the motorcycles for racing are transported through trailers.
The China market dominated the Asia Pacific Light Car Trailer Market by Country in 2021; thereby, achieving a market value of $157 million by 2028. The Japan market is registering a CAGR of 4.2% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 5.5% during (2022 - 2028).
Based on Type, the market is segmented into Utility and Recreational. Based on Axle, the market is segmented into Single Axle and Multi Axle. Based on Design, the market is segmented into Open and Enclosed. Based on Product, the market is segmented into Motorcycle, Snowmobile, OEM, Passenger, and Watercraft. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Light Car Trailer Market is Projected to reach USD 1.9 Billion by 2028, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ATC Trailers Holdings, Inc., Felling Trailers, Inc., SylvanSport, LLC, Aluma, Ltd., Haulmark Industries, Inc. (American Cargo Group), Kaufman Trailers, Inc., Look Trailers (Novae Corporation), Woodford Trailers Ltd., Sundowner Trailer, Inc. and Diamond C Trailer .
Scope of the Study
Market Segments Covered in the Report:
By Type
By Axle
By Design
By Product
- Motorcycle
- Snowmobile
- OEM
- Passenger
- Watercraft
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ATC Trailers Holdings, Inc.
- Felling Trailers, Inc.
- SylvanSport, LLC
- Aluma, Ltd.
- Haulmark Industries, Inc. (American Cargo Group)
- Kaufman Trailers, Inc.
- Look Trailers (Novae Corporation)
- Woodford Trailers Ltd.
- Sundowner Trailer, Inc.
- Diamond C Trailer
TABLE 1 Asia Pacific Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Utility Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Utility Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Recreational Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Recreational Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Single Axle Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Single Axle Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Multi Axle Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Multi Axle Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Open Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Open Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Enclosed Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Enclosed Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Motorcycle Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Motorcycle Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Snowmobile Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Snowmobile Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific OEM Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific OEM Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Passenger Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Passenger Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Watercraft Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Watercraft Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Light Car Trailer Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Light Car Trailer Market by Country, 2022 - 2028, USD Million
TABLE 35 China Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 36 China Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 37 China Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 38 China Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 39 China Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 40 China Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 41 China Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 42 China Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 43 China Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 44 China Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 45 Japan Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 46 Japan Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 47 Japan Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 48 Japan Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 49 Japan Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 50 Japan Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 51 Japan Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 52 Japan Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 53 Japan Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 54 Japan Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 55 India Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 56 India Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 57 India Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 58 India Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 59 India Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 60 India Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 61 India Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 62 India Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 63 India Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 64 India Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 65 South Korea Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 66 South Korea Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 67 South Korea Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 68 South Korea Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 69 South Korea Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 70 South Korea Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 71 South Korea Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 72 South Korea Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 73 South Korea Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 74 South Korea Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 75 Singapore Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 76 Singapore Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 77 Singapore Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 78 Singapore Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 79 Singapore Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 80 Singapore Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 81 Singapore Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 82 Singapore Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 83 Singapore Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 84 Singapore Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 85 Malaysia Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 86 Malaysia Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 87 Malaysia Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 88 Malaysia Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 89 Malaysia Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 90 Malaysia Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 91 Malaysia Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 92 Malaysia Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 93 Malaysia Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 94 Malaysia Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Light Car Trailer Market, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Light Car Trailer Market, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Light Car Trailer Market by Type, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Light Car Trailer Market by Type, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Light Car Trailer Market by Axle, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Light Car Trailer Market by Axle, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Light Car Trailer Market by Design, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Light Car Trailer Market by Design, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Light Car Trailer Market by Product, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Light Car Trailer Market by Product, 2022 - 2028, USD Million
TABLE 105 Key Information –ATC Trailers Holdings, Inc.
TABLE 106 Key Information –Felling Trailers, Inc.
TABLE 107 Key Information – SylvanSport, LLC
TABLE 108 Key Information – Aluma, Ltd.
TABLE 109 Key Information – Haulmark Industries, Inc.
TABLE 110 Key Information – Kaufman Trailers, Inc.
TABLE 111 Key Information – Look Trailers
TABLE 112 Key Information – Woodford Trailers Ltd
TABLE 113 Key Information – Sundowner Trailers, Inc.
TABLE 114 Key Information – Diamond C Trailer
List of Figures
FIG 1 Methodology for the research