Intermodal Chassis Market Size, Share, and Industry Analysis By Application (Rialyards, Ports, and Others), By Size (20 Foot, 40 Foot, and Others), and Regional Forecast till 2032

The global intermodal chassis market is expanded due to a huge rise in global trade and e-commerce. It is a kind of wheeled trailer consisting of a steel base, axles, tires, brakes and suspensions that is used to carefully handle intermodal shipping containers while travelling over land. Manufactured goods are moved smoothly along the supply chain thanks to these chassis, assisting transfers of containers between ships, trains and trucks for short distance “drayage” between various facilities.

Because of innovation, the market is expanding, mainly by focusing on bringing in new technology and being eco-friendly. The use of strong materials such as high-strength steel and aluminum allows companies to make their trucks light and durable, which is better for their budgets and the environment.

Intermodal Chassis Market Driver

Global Trade to Expand the Market

The intermodal chassis market is mainly strengthened by the continuous rise in global trade and the growing preference for transportation by several methods. Because e-commerce is growing and supply lines are reaching more countries, more goods need to be moved easily by road, rail and sea.

Technological Advancements to Advance the Market

New technologies are strongly affecting and growing the intermodal chassis market, encouraging it to become more efficient, safer and greener. Thanks to telematics and IoT sensors, fleet managers can closely watch the status, usage and location of the containers, which helps with proper fleet management, predictive maintenance and improved security.

Intermodal Chassis Market Restraint

Risks in the Economy and Trade Issues to Pose Potential Impediments on this Market

Risks in the Economy and Trade Issues

There are many challenges for the intermodal chassis market due to unstable economic times and the introduction of tariffs. Consumer spending and the amount of trade carried out decline during economic downturns, recessions and slow growth periods. When companies think demand for goods will be lower, they cut their inventory, which causes less need for freight transportation and intermodal chassis.

Intermodal Chassis Market Opportunity

Emerging Markets to Create Opportunity in this Market

There are plenty of opportunities in emerging markets to expand the intermodal chassis market. The integration of developing countries into worldwide supply chains and their progress in industrialisation raise their need for dependable logistics, including intermodal ways of moving products. There is strong public and private investment in infrastructure in the Asia-Pacific, Africa and Latin America—this involves expanding ports, making new rail networks and upgrading roads.

Segmentation

Key Insights

The report covers the following key insights:

• Market drivers, restraints and opportunities
• Influence of key industrial players and key developments
• Growth in Global Trade and E-commerce
• Technological Advancements

Analysis by Application

By Application, the Intermodal Chassis market is divided into Rialyards, Ports & Others

There is rapid growth in the railyard part of the intermodal chassis market as moving containers by rail becomes more efficient and inexpensive. As railway lines develop and double-stack trains are used more, more containers are moving along them.

Intermodal chassis are mainly used in ports because the volume of containerised trade keeps growing worldwide. Since more containers are being shipped internationally, many ports are spending a lot to develop their facilities by expanding their dock areas, making their channels deeper, and investing in the latest cranes.

Analysis by Size

Based on Size, the market is divided into 20 foot, 40 foot & Others

Because 20-foot intermodal chassis are valuable for transporting specialised or heavy cargo, their demand has been growing lately. Even though they see less use in shipping dry goods, 20-foot containers suit the transportation of commodities like raw materials, thick liquids, and heavy machines.

Dominating the market as it is, the 40-foot intermodal chassis is expanding quickly because of the high rate of 40-foot containers traded internationally. Such containers make international shipping easy by offering enough space for cargo and still being easy to move around, which allows them to transport many goods, whether consumer items, electronics, textiles, or industrial materials.

Regional Analysis

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Based on region, the Intermodal Chassis market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Because North America has a wide rail system and depends greatly on moving goods within its borders, it plays a big role in the intermodal chassis market. Due to the area’s wide expanse, using multiple modes of transportation is the preferred choice for shipping over great distances. Both the busy e-commerce market and the focus on trimming down costs by keeping transit times short play big roles.

• According to U.S. Department of Transportation, there are 710000 units of Total intermodal chassis in circulation in North America.
• According to U.S. Census Bureau, there is 42000 units of Annual chassis production volume in North America.

The integration of Europe’s transportation network and its attention to sustainability are the main reasons for the continent’s impact on the intermodal chassis market. Steps taken under the Green Deal in the European Union lead to a rise in rail and inland waterway use which drives demand for intermodal shipping options. Stress on green logistics makes companies create chassis with light materials and consider electric or hybrid options to comply with strict environmental rules.

Thanks to its making and selling in Asia-Pacific, the chassis market is mainly rising and is considered the most important in the world. Fast industrial growth, city expansion, and the boom of online markets in China, India, and Japan lead to a huge amount of international trade. For this reason, container hauliers are being asked to use intermodal chassis between various places like factories, ports, and distribution centres.

Key Players Covered

The report includes the profiles of the following key players:

• Kässbohrer (Germany)
• Hyundai Translead (U.S.)
• Stoughton Trailers (U.S.)
• Pratt Industries (Georgia)
• Cheetah Chassis (U.S.)
• Panda Mechanical Co Ltd (China)
• Hercules Chassis (New Jersey)
• Chassis King Inc (U.S.)
• Pro-Haul Manufacturing Inc, (U.S.)
• CIMC (China)
• Max-Atlas (U.S.)
• Panus (New Jersey)
• TRAC Intermodal (U.S.)
• Pitts Enterprises (Alabama)
• Wabash National (U.S.)
• Schmitz Cargobull (Germany)
• China SinoTrailers (China)
• Titan Trailer (India)
• Buiscar Cargo Solutions (Netherlands)

Key Industrial Developments

• Direct ChassisLink Inc., which provides intermodal container chassis in the U.S., regularly aims to increase its fleet mainly by purchasing other companies and making major improvements to the chassis it owns.
• The company is carrying out major updates to make its chassis pools in the United States more efficient, effective, and environmentally friendly. An excellent example is their project to upgrade every single one (nearly 45,000) of the units in the South Atlantic Chassis Pool by 2027, and they have already rolled out over 12,000 refurbished trucks early.
• To retain its market-leading position, Trac Intermodal has put large strategic investments into improving both its services and its reputation. For the last ten years, the business has set aside over $1 billion to buy and upgrade its fleet, resulting in the addition of thousands of new chassis and the activity for its “BlueEdge Chassis Upkeep Program”.