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The global semi-trailer market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6%
Expanding cold chain industry, growing FMCG sector and increasing use of advanced technologies such as telematics and stability control are expected to boost the demand for semi-trailer market. However, local players in unorganized sector in developing countries are a restraining factor for global semi-trailer market players. Modern technologies such as semi-trailer platooning and electric semi-trailer truck offer numerous development opportunities in the near future. On the other hand, lightweight semi-trailers and lowering the total cost of ownership (TCO) will be the challenging factors for semi-trailer market in the future.
The Worldwide Semi-Trailer Industry is Expected to Reach $41 2 Billion by 2025
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The Worldwide Semi-Trailer Industry is Expected to Reach $41 2 Billion by 2025
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Van Hool, reconocida en Francia por sus autobuses elécricos
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This report covers the latest trends and developments in the intelligent transportation system and charging station market for electric buses in public transport.
The total market value of public transport ITS for electric buses in Europe and North America is forecasted to grow at a compound annual growth rate of 37% from €15.4 million in 2019 to reach €74.2 million by 2024. The analyst at the same time estimates that the charging station market value for electric buses in the two regions was €190 million in 2019. Growing at a CAGR of 15.6%, the market value is expected to reach €392 million in 2024.