[Research Report] The 40-foot container chassis market is projected to reach US$ 1,930.69 million by 2028 from US$ 1,279.41 million in 2023. it is expected to register a CAGR of 8.6% during 2023–2028.

The 40-foot container chassis is generally used by intermodal equipment providers (IEP), shipping lines, and motor carriers in regional and local movement of containers by trucks. Chassis is used for moving containers from loading areas to the yard, as well as to yard storage areas at terminals. The chassis systems are strong and sturdy and protect containers from the impact of sharp and sudden movements when in transit, thereby ensuring efficient and safe transportation.

The demand for 40-foot containers is growing with the rise in trading activities worldwide. These containers are used for the national and international shipping of high-volume goods due to their ability to hold a large amount of cargo. Considering the growing adoption of 40-foot containers, manufacturers are scaling up their manufacturing operations, which propels the demand for chassis for these containers. Moreover, they are launching new products with added features to boost their revenue sales and customer base.

The 40-foot containers are widely used to transport consumer goods, industrial goods, and raw materials such as steel, chemicals, construction materials, and agricultural products. In general, 40-foot containers are used to ship a wide range of goods across international borders due to their ability to accommodate large volumes of cargo and their suitability for intermodal transportation. A rise in trade activities worldwide propels the demand for larger containers for transferring goods from one point to another. According to the World Trade Organization (WTO), in 2022, world trade increased by an annual average of 4% in terms of volume and 6% in terms of value since 1995. Thus, the continuously growing trade activities worldwide bolster the 40-foot container chassis market growth.

40-Foot Container Chassis Market -

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Published Report - 40-Foot Container Chassis Market: Strategic Insights

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Due to the rapid spread of COVID-19, governments of various countries across the globe imposed strict restrictions on human movement. Due to the imposition of lockdown and restriction of human movement, many production facilities were temporarily shut down to stop the spread of COVID-19 caused by human interactions, which impacted the production and manufacturing output across several industries. For instance, according to the Department of Economic and Social Affairs, the global manufacturing and production output fell by 9% in 2020 compared to 2019. All the above activities significantly hampered the 40-foot container chassis market during the pandemic. However, in Q4 of 2020, with ease in the lockdown restriction, the 40-foot container chassis market started to stabilize. The 40-foot container chassis manufacturing activities also restarted, fueling the market growth. In addition, the expansion of port activities and a rise in world trade activities also contributed to the demand for 40-foot containers. For instance, according to the United Nations Conference on Trade and Development (UNCTAD), in the first quarter of 2021, world trade had a strong recovery from the pandemic, with a 4% increase on a quarter-over-quarter basis. Thus, there was a high demand for chassis to transport large-sized goods by 40-foot container, which further contributed to the 40-foot container chassis market growth in 2021.

Market Insights – 40-Foot Container Chassis Market

Gooseneck-type chassis is one of the popular types of chassis as it can accommodate taller containers, making them ideal for transporting high-cube or specialized cargo that may not fit on a standard chassis. This type of chassis is available in various designs: cranked or rigid and with or without tunnel; with front or rear extension; galvanized or painted; and in light or heavy design. The lower center of gravity provided by the gooseneck design enhances stability and helps reduce the risk of tipping, ensuring safer transportation of cargo. Moreover, the lower profile of the gooseneck chassis reduces wind resistance, potentially leading to improved fuel efficiency during transportation. All such benefits are anticipated to propel the growth of 40-foot container chassis market owing to the growing demand for gooseneck types of 40-foot container chassis. For instance, Kässbohrer—one of the leading semi-trailer manufacturers—and CM Logistik Gruppe inked their new partnership with 40 Middle-Rear Extendable Multifunctional Container Chassis K.SHG AMH vehicles. With this partnership, CM Logistik Gruppe is expecting to leverage the expertise of Kässbohrer’s extendable container chassis vehicles with a gooseneck.

The 40-foot container chassis market size is segmented based on axle, type, and geography. In terms of axle, the market is categorized into 2-axle chassis, 3-axle chassis, and 4-axle chassis. Based on type, the 40-foot container chassis market size is sub segmented into gooseneck type, flip-up rear bolster, straight frame type, and drop frame type. Based on geography, the 40-foot container chassis market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Chassis King Inc, Fliegl Fahrzeugbau GmbH, Cheetah Chassis Corp, Triton International Ltd, Karl Kassbohrer Fahrzeugwerke GmbH, CIE Manufacturing, Schmitz Cargobull AG, Panda Mechanical Co Ltd, Panus Assembly Co Ltd, and Pro-Haul Manufacturing Inc are among the key 40-foot container chassis market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed during this market research study to get a holistic overview of the global 40-foot container chassis market.

40-Foot Container Chassis Market Report Scope

40-foot container chassis market players mainly focus on tailor-made solutions to create customer value.

• In April 2022, Triton brought TAL Chassis under the umbrella of its main brand. The company continued to focus on chassis leasing and direct sales to customers.
• In June 2022, Kässbohrer launched a 3-axle tipper semi-trailer K.SKS B. The launch of the 3-axle semi-trailer K.SKS B. was meant for reliability and robustness under the hardest load and road conditions through its ingeniously designed excellent chassis and upper structure with the highest strength.