North America Chassis Container Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Axle (2-Axles, 3-Axles, 4-Axles, and More than 4-Axles), Size (20' Chassis, 40' Chassis, 53' Chassis, and Others), Type (Standard, Extendable, Drop Frame, Tilt Chassis, Special, and Others), and Country

The North America chassis container market accounted for US$ 1,077.57 million in 2022 and is expected to register a CAGR of 5.2% during 2022–2030 to account for US$ 1,615.28 million by 2030.

Analyst Perspective:

Based on geography, the North America chassis container market is segmented into the US and  Canada. The region is a pioneer in adopting and expanding its business capabilities to meet the growing customer demand. With globalization, there is a rising demand for goods and services across international borders. Further, according to the Bureau of Economic Analysis, a significant rise in import and export activities between the US and China was observed in 2022 compared to 2021. The increase in trade requires large containers and chassis to transport goods from ports and warehouses. Key  chassis container market players are thus taking strategic initiatives to boost the sales of container chassis to meet the growing demand. In June 2022, GIC, OMERS Infrastructure, and Wren House jointly acquired Direct Chassis Link Inc. (DCLI), a chassis leasing company in the US. This acquisition will strengthen the DCLI capabilities to reach more customers and leverage the constant support from the GIC, OMERS Infrastructure, and Wren House. Moreover, market players are building new chassis manufacturing units to cater to the rising chassis demand amid the chassis shortage issue in the US. In addition, CIEM expanded its California manufacturing plant in 2020. In March 2022, TRAC Intermodal partnered with American Made Chassis (AMC) to manufacture and supply new marine container chassis. Strategic partnerships among the chassis container market players to manufacture container chassis lead to increased collaboration in design, manufacturing, and distribution capabilities of market players, aiding the chassis container market expansion in North America. Cheetah Chassis Corporation CIE Manufacturing is one of the key players operating in the chassis container market in North America.

Market Overview:

Container chassis is generally used by intermodal equipment providers (IEP), shipping lines, and motor carriers, which involve regional and local movement of containers by trucks. Chassis is used for moving containers from loading areas to the yard and from yard storage areas to the terminals. 

Regulatory bodies and regulations such as the Federal Motor Carrier Safety Administration (FMCSA), Container Safety Certificate (CSC), and the International Organization for Standardization (ISO) have a strong influence on the chassis container market. In February 2021, Federal Motor Carrier Safety Administration (FMCSA) enforced its Intermodal Chassis rule that requires intermodal equipment providers (IEPs), motor carriers, and drivers to share responsibility for the safety of intermodal equipment used on highways. Further, government investments in highway and road infrastructure to enhance the quality of roads, railroads, ports, and air transport are anticipated to trigger the chassis container market growth in the coming years. An improved transportation infrastructure would boost logistics operations in the commercial and industrial sectors, thereby aiding in the secure and timely delivery of goods and services. In March 2023, the provincial Government of Newfoundland and Labrador announced an investment of ~US$ 1.4 billion to enhance road and highway transportation infrastructure over the next five years. Container chassis are used in various commercial and industrial transportation. Thus, government investments to boost the commercial and industrial segments of economies by improving road and highway infrastructure are projected to offer promising growth opportunities for the chassis container market during the forecast period. 

North America Chassis Container MarketReport Scope

North America Chassis Container Market Report Scope

The List of Companies - North America Container Chassis Market

1. ChassisKing Inc
2. Cheetah Chassis Corp
3. Direct ChassisLink Inc
4. Max-Atlas Equipement Inc
5. STI HOLDINGS INC
6. CIE Manufacturing Inc
7. Bull Chassis
8. Jansteel USA Inc
9. Pro-Haul Manufacturing Inc
10. Hercules Enterprise LLC

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America chassis container market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the North America chassis container market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution