Transportation Products & Services

Truck Trailers: Market Size, Growth & Forecast to 2030

The Truck Trailers market is valued at about $43.99 billion (2026) and is projected to grow at a 5.6% CAGR through 2030. The largest cost driver is Raw steel and aluminum (42% of spend). Asia Pacific leads demand at 37%.

Market size
$44.0 bn (2026)
CAGR to 2030
+5.6%
Buyer power
Favours buyers
Tracked suppliers
150
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 5.6% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 131

Cost structure

Raw steel and aluminum
42%
Direct and indirect assembly labor
22%
Componentry and axles
18%
Insulation composites and flooring
10%
Inbound logistics and energy
8%

Regional demand split

Asia Pacific demand
37%
North America demand
30%
Europe demand
22%
Rest of world demand
11%

Key suppliers

CIMC Vehicles GroupWabash National CorporationSchmitz Cargobull AGKrone Commercial Vehicle GroupUtility Trailer Manufacturing CompanyGreat Dane LLCHyundai Translead
Read the full Truck Trailers report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/truck-trailers