Global Intermodal Container Chassis Market Size, Share, and COVID-19 Impact By Product Type (Fixed Chassis, Extendable Chassis, Tank Chassis, and Others), By Application (Logistics, Shipping, Transportation, and Others), By Material (Steel, Aluminum, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Intermodal Container Chassis Market Insights Forecasts to 2033

• The Global Intermodal Container Chassis Market Size was estimated at USD 1.51 Billion in 2023
• The Market Size is expected to grow at a CAGR of around 4.46% from 2023 to 2033
• The Worldwide Intermodal Container Chassis Market Size is Expected to Reach USD 2.335 Billion by 2033
• North America is expected to Grow the fastest during the forecast period.

The Global Intermodal Container Chassis Market Size was worth around USD 1.51 Billion in 2023 and is predicted to Grow to around USD 2.335 Billion by 2033, with a compound annual growth rate (CAGR) of 4.46% between 2023 and 2033. The market is driven by the growing need for effective and adaptable transportation solutions, combined with massive investments in logistics infrastructure globally.

Market Overview

The intermodal container chassis market refers to a wheeled trailer used to carry shipping containers along roads. It enables containers to be easily moved between ships, trains, and trucks. The chassis holds standard-sized containers securely, and intermodal freight transport is made efficient and seamless across various modes of transport. The major opportunities in the intermodal container chassis market are the growing use of green and sustainable transportation solutions. As concerns about environmental sustainability grow and there is a need to minimize carbon emissions, there is a growing demand for green transportation solutions. Furthermore, the creation of lightweight and fuel-efficient intermodal container chassis, like aluminum chassis, is a major opportunity for market growth. Moreover, bringing on board emerging technologies like hybrid and electric powertrain systems as part of intermodal container chassis can further help them become sustainable, opening new avenues for business growth in the market. Additionally, new technologies, including automated guided vehicles (AGVs) and terminal operating systems (TOS), are optimizing intermodal transportation to be more productive and efficient. This is raising the demand for container chassis. Lightweight materials are also being utilized to produce container chassis, which is enhancing fuel efficiency and lowering emissions.

Report Coverage

This research report categorizes the intermodal container chassis market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the intermodal container chassis Market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the intermodal container chassis market.

Driving Factors

The intermodal container chassis market is driven by some major trends. The key drivers of the intermodal container chassis market are the growing globalization and international trade. With businesses venturing out into global markets, efficient and safe transportation solutions become the key. Intermodal container chassis, which ensure the smooth movement of freight from one mode of transport to another, like ships, trains, and trucks, are a critical component in this global supply chain. The ease and effectiveness provided by these chassis are propelling their use in industries, hence fueling the growth of the market. Furthermore, the rise of e-commerce and the increasing use of logistics and transport services are also propelling the demand for intermodal container chassis. The boom in online purchasing activities and the need for efficient and quick delivery of goods are propelling the demand for adaptable and flexible means of transportation. Moreover, Intermodal container chassis facilitate fast and efficient transport of goods from warehouses to the ultimate customers, fueling the expanding e-commerce sector. This trend is likely to follow through, further driving the market through the forecast period.

Restraining Factors

The intermodal container chassis market encounters certain difficulties that would restrain its development. The major limiting factor is the high expense of advanced technologies and materials applied during the production of intermodal container chassis. Developing and applying lightweight and high-performance materials, including aluminum and advanced composites, is costly, which may affect the competitiveness and affordability of intermodal container chassis.

Market Segmentation

The intermodal container chassis market share is classified into product type, material, and application.

• The fixed chassis segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.

Based on product type, the intermodal container chassis market is segmented into fixed chassis, extendable chassis, tank chassis, and others. Among these, the fixed chassis segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to their cost-effectiveness and simplicity. The fixed chassis provides a stable platform for the transportation of containers and is widely utilized in diverse applications such as shipping and logistics.

• The logistics segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on application, the global intermodal container chassis market is divided into retail, food and beverage, healthcare, logistics, and others. Among these, the logistics segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the demand for effective and dependable transportation solutions to handle sophisticated supply chains. Intermodal container chassis are depended on by logistics companies to enable the smooth transfer of products from one mode of transport to another, maximizing the efficiency of their operations.

• The steel segment accounted for the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on material, the global intermodal container chassis market is categorized into steel, aluminum, and others. Among these, the steel segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's growth is attributed mainly to its durability, strength, and cost-effectiveness. Steel chassis offer a sturdy and dependable foundation for the movement of containers, with the ability to carry heavy loads and withstand the stresses of transportation.

Regional Segment Analysis of the Intermodal Container Chassis Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia-Pacific is anticipated to hold the largest share of the intermodal container chassis market over the predicted timeframe.

Asia-Pacific is anticipated to hold the largest share of the intermodal container chassis market over the predicted period. This dominance is due to the swift industrialization, urbanization, and infrastructure developments in nations like China, India, and Japan are compelling the demand for effective transportation solutions. Moreover, government efforts towards the development of transportation infrastructure and optimizing supply chains are likely to enhance the demand for intermodal container chassis in the Asia Pacific region.

North America is expected to grow rapidly in the intermodal container chassis market during the forecast period. The market in the region is driven by the highly developed logistics and transportation infrastructure in the region. Furthermore, the expansion of the e-commerce sector and the growing dependence on effective transportation solutions also support market growth.

Competitive Analysis:

The report offers an appropriate analysis of the key organization markets/companies involved within the intermodal container chassis market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, business strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CIMC Vehicles Group Ltd.
• Hyundai Translead
• Cheetah Chassis Corporation
• Stoughton Trailers, LLC
• Schmitz Cargobull AG
• Dorsey Trailer
• Manac Inc.
• Triton International Limited
• Direct ChassisLink Inc. (DCLI)
• Flexi-Van Leasing, Inc.
• Great Dane LLC
• Pioneer Chassis
• LBT Inc.
• Chassis King, Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In April 2024, Kassbohrer, with expertise to cater to the requirements of all segments of the transport business, launched new generation container chassis vehicles, in extendable and fixed versions, offering award-winning, tried and tested innovation octagonal central beam re-engineered design.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the intermodal container chassis market based on the below-mentioned:

Global Intermodal Container Chassis Market, By Product Type

• Fixed Chassis
• Extendable Chassis
• Tank Chassis
• Others

Global Intermodal Container Chassis Market, By Application

• Logistics
• Shipping
• Transportation
• Others

Global Intermodal Container Chassis Market, By Material

• Steel
• Aluminum
• Others

Global Intermodal Container Chassis Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa