Truck Trailers Market Size, Share, and Forecast 2021 – 2030

The Global Truck Trailers Market Size is expected to reach USD 105 billion by 2030, at a CAGR of 7.02% during the forecast period 2022 to 2030. A truck trailer is a truck or lorry that has been made up of two or even more segments that are connected by metal bars to allow the vehicle to transport freight and manoeuvre more readily. A fifth-wheel axle connects a Truck trailer to the trailer. A Truck trailer, in other terms, is a trailer without a front axle. Truck trailers are commonly employed in the transportation of products and commodities and are towed from one location to another by a motorized vehicle using hitches.