PUBLISHER: KBV Research | PRODUCT CODE: 1511434
PUBLISHER: KBV Research | PRODUCT CODE: 1511434
LAMEA Car Carrier Market Size, Share & Trends Analysis Report By Type (Open-Air Car Carrier and Enclosed Car Carrier), By End User (Automotive Sales Service Shop 4S, Terminals, and Others), By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa Car Carrier Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Car Carrier Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $395.1 Million by 2031. The Argentina market is registering a CAGR of 9.9% during (2024 - 2031). Additionally, The UAE market would capture a CAGR of 8.7% during (2024 - 2031).
The shift towards smart cities and connected infrastructure will also impact the car carrier market. Smart transportation systems, characterized by real-time data sharing and communication between vehicles and infrastructure, can optimize traffic flow and reduce congestion, facilitating smoother and faster vehicle transportation. Carriers with advanced connectivity features can leverage these systems to enhance route planning, minimize delays, and improve overall service quality.
The rising demand for used vehicles is significantly influencing the car carrier market. These vehicles must frequently be transported from one location to another for various purposes, including resale, auctions, and direct delivery to buyers. The expansion of online platforms for buying and selling used vehicles has intensified this demand, creating a need for reliable and efficient transportation solutions.
Brazil is experiencing an increasing demand for car carriers, which is being fueled by a substantial increase in the sales of electric and hybrid vehicles. Sales of electric vehicles in Brazil almost doubled in 2023 - reaching 93,927 through December, up from just 49,245 in 2022, according to the Brazilian Electric Vehicle Association (ABVE). With the anticipated sales surpassing 150,000 units in 2024, there is a pressing need for efficient transportation solutions to manage the distribution of these vehicles across the country and for export purposes. Thus, the demand for car carriers in the LAMEA region will expand continuously throughout the forecast period.
Based on Type, the market is segmented into Open-Air Car Carrier and Enclosed Car Carrier. Based on End User, the market is segmented into Automotive Sales Service Shop 4S, Terminals, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Infinity Trailers
- Miller Industries, Inc
- Dongfeng Motor Company
- Cottrell, Inc.
- Kentucky Trailers (Berkshire Hathaway, Inc.)
- Landoll Corporation
- Boydstun Equipment Manufacturing
- Sun Country Trailers
- Wally-Mo Inc
- Kaufman Trailers
LAMEA Car Carrier Market Report Segmentation
By Type
- Open-Air Car Carrier
- Enclosed Car Carrier
By End User
- Automotive Sales Service Shop 4S
- Terminals
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Car Carrier Market, by Type
- 1.4.2 LAMEA Car Carrier Market, by End User
- 1.4.3 LAMEA Car Carrier Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Car Carrier Market by Type
- 4.1 LAMEA Open-Air Car Carrier Market by Country
- 4.2 LAMEA Enclosed Car Carrier Market by Country
Chapter 5. LAMEA Car Carrier Market by End User
- 5.1 LAMEA Automotive Sales Service Shop 4S Market by Country
- 5.2 LAMEA Terminals Market by Country
- 5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Car Carrier Market by Country
- 6.1 Brazil Car Carrier Market
- 6.1.1 Brazil Car Carrier Market by Type
- 6.1.2 Brazil Car Carrier Market by End User
- 6.2 Argentina Car Carrier Market
- 6.2.1 Argentina Car Carrier Market by Type
- 6.2.2 Argentina Car Carrier Market by End User
- 6.3 UAE Car Carrier Market
- 6.3.1 UAE Car Carrier Market by Type
- 6.3.2 UAE Car Carrier Market by End User
- 6.4 Saudi Arabia Car Carrier Market
- 6.4.1 Saudi Arabia Car Carrier Market by Type
- 6.4.2 Saudi Arabia Car Carrier Market by End User
- 6.5 South Africa Car Carrier Market
- 6.5.1 South Africa Car Carrier Market by Type
- 6.5.2 South Africa Car Carrier Market by End User
- 6.6 Nigeria Car Carrier Market
- 6.6.1 Nigeria Car Carrier Market by Type
- 6.6.2 Nigeria Car Carrier Market by End User
- 6.7 Rest of LAMEA Car Carrier Market
- 6.7.1 Rest of LAMEA Car Carrier Market by Type
- 6.7.2 Rest of LAMEA Car Carrier Market by End User
Chapter 7. Company Profiles
- 7.1 Infinity Trailers
- 7.1.1 Company Overview
- 7.2 Miller Industries, Inc.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Dongfeng Motor Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Cottrell, Inc.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Kentucky Trailer (Berkshire Hathaway, Inc.)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental Analysis
- 7.5.4 SWOT Analysis
- 7.6 Landoll Corporation
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Boydstun Equipment Manufacturing
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Wally-Mo Inc.
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Kaufman Trailers
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Sun Country Trailers
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Car Carrier Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Car Carrier Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 4 LAMEA Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 5 LAMEA Open-Air Car Carrier Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Open-Air Car Carrier Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Enclosed Car Carrier Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Enclosed Car Carrier Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 10 LAMEA Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 11 LAMEA Automotive Sales Service Shop 4S Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Automotive Sales Service Shop 4S Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Terminals Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Terminals Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Car Carrier Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Car Carrier Market by Country, 2024 - 2031, USD Million
- TABLE 19 Brazil Car Carrier Market, 2020 - 2023, USD Million
- TABLE 20 Brazil Car Carrier Market, 2024 - 2031, USD Million
- TABLE 21 Brazil Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 22 Brazil Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 23 Brazil Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 24 Brazil Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 25 Argentina Car Carrier Market, 2020 - 2023, USD Million
- TABLE 26 Argentina Car Carrier Market, 2024 - 2031, USD Million
- TABLE 27 Argentina Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 28 Argentina Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 29 Argentina Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 30 Argentina Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 31 UAE Car Carrier Market, 2020 - 2023, USD Million
- TABLE 32 UAE Car Carrier Market, 2024 - 2031, USD Million
- TABLE 33 UAE Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 34 UAE Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 35 UAE Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 36 UAE Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 37 Saudi Arabia Car Carrier Market, 2020 - 2023, USD Million
- TABLE 38 Saudi Arabia Car Carrier Market, 2024 - 2031, USD Million
- TABLE 39 Saudi Arabia Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 40 Saudi Arabia Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 41 Saudi Arabia Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 42 Saudi Arabia Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 43 South Africa Car Carrier Market, 2020 - 2023, USD Million
- TABLE 44 South Africa Car Carrier Market, 2024 - 2031, USD Million
- TABLE 45 South Africa Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 46 South Africa Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 47 South Africa Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 48 South Africa Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 49 Nigeria Car Carrier Market, 2020 - 2023, USD Million
- TABLE 50 Nigeria Car Carrier Market, 2024 - 2031, USD Million
- TABLE 51 Nigeria Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 52 Nigeria Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 53 Nigeria Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 54 Nigeria Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 55 Rest of LAMEA Car Carrier Market, 2020 - 2023, USD Million
- TABLE 56 Rest of LAMEA Car Carrier Market, 2024 - 2031, USD Million
- TABLE 57 Rest of LAMEA Car Carrier Market by Type, 2020 - 2023, USD Million
- TABLE 58 Rest of LAMEA Car Carrier Market by Type, 2024 - 2031, USD Million
- TABLE 59 Rest of LAMEA Car Carrier Market by End User, 2020 - 2023, USD Million
- TABLE 60 Rest of LAMEA Car Carrier Market by End User, 2024 - 2031, USD Million
- TABLE 61 Key Information - Infinity Trailers
- TABLE 62 Key Information - Miller Industries, Inc.
- TABLE 63 Key Information - Dongfeng Motor Corporation
- TABLE 64 Key Information - Cottrell, Inc.
- TABLE 65 Key Information - Kentucky Trailer
- TABLE 66 Key Information - andoll Corporation
- TABLE 67 Key Information - Boydstun Equipment Manufacturing
- TABLE 68 Key Information - Wally-Mo Inc.
- TABLE 69 Key Information - Kaufman Trailers
- TABLE 70 Key Information - Sun Country Trailers
