40-Foot Container Chassis Market Size Report and Growth Analysis 2028

40-Foot Container Chassis Market Forecast to 2028 - Global Analysis By Axle (2-axles, 3-axles, and 4-axles) and Type (Gooseneck Type, Flip-Up Rear Bolster, Straight Frame Type, and Drop Frame)

Publication Month : May 2023

  • Report Code : TIPRE00029888
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 142
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[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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40-Foot Container Chassis Market: Strategic Insights

Market Size Value inUS$ 1,279.41 million in 2023
Market Size Value byUS$ 1,930.69 million by 2028
Growth rateCAGR of 8.6% from 2023 to 2028
Forecast Period2023-2028
Base Year2023
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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).

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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 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.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Axle, and Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions

What are the driving factors impacting the global 40-foot container chassis market?

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.

What is the incremental growth of the global 40-foot container chassis market during the forecast period?

The incremental growth, expected to be recorded for the 40-foot container chassis market during the forecast period, is US$ 186.35 million.

What is the estimated global market size for the global 40-foot container chassis market in 2023?

The global 40-foot container chassis market was estimated to be US$ 1279.41 million in 2023 and is expected to grow at a CAGR of 8.6% during the forecast period 2023 - 2028.

Which are the key players holding the major market share of global 40-foot container chassis market?

The key players, holding majority shares, in 40-foot container chassis market includes Kässbohrer, Triton International Limited, Schmitz Cargobull, Cheetah Chassis Corporatio. and Fliegl Fahrzeugbau GmbH,

What will be the global market size for 40-foot container chassis market by 2028?

The 40-foot container chassis market is expected to reach US$ 1930.69 million by 2028.

What are the future trends of the global 40-foot container chassis market?

A projected upsurge in shipping activities during the forecast period indicated the need for advanced and large ports to efficiently manage traffic at seaports. Thus, several governments are taking initiatives to expand ports in their countries.

The List of Companies - 40-Foot Container Chassis Market

  1. Chassis King Inc
  2. Cheetah Chassis Corp
  3. Fliegl Fahrzeugbau GmbH
  4. Triton International Ltd
  5. CIMC Intermodal Equipment LLC
  6. Schmitz Cargobull AG
  7. Panda Mechanical Co Ltd
  8. Panus Assembly Co Ltd
  9. Pro-Haul Manufacturing Inc
  10. Karl Kassbohrer Fahrzeugwerke GmbH

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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