Global Modular Trailer Market Insights Forecasts to 2032
The Global Modular Trailer Market Size is expected to reach USD 13.69 Billion by 2032, at a CAGR of 4.59% during the forecast period 2022 to 2032. A modular trailer, also known as a multi-axle trailer or a hydraulic platform trailer, is a vehicle for long-distance vehicle transportation of enormous or unusual freight. The trailer is a collection of unique vehicles that are employed in a variety of sectors to transport heavy and huge cargo. Trailers are utilized in mining because of their lateral stability. The modular trailers are controlled by computer software to form an axel line. According to industry standards, the trailer is available in two, three, four, five, and above axle configurations.