Global Trailer Terminal Tractor Market Is Growing at a CAGR of 4.5% and Expected to Reach USD 705.4 Million by 2026 from USD 475.2 Million in 2017
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Lewes, DE -- (SBWire) -- 05/28/2019 --Global Trailer Terminal Tractor Market is accounted for $475.2 million in 2017 and is expected to reach $705.4 million by 2026 growing at a CAGR of 4.5%. Development of the electric terminal tractor is a factor favoring market growth. However, Lack of synchronization is one of the key restraints for the growth of the market. Moreover, increasing use of trailer terminal tractor in the metal industry provide opportunities for the market.
A Trailer Terminal Tractor is a semi-tractor intended to move semi trailers within a cargo yard, warehouse facility, or intermodal facility, much like a switcher locomotive is used to position railcars. They are mostly used at seaports for material handling, such as loading and unloading of materials.
Based on the technology, the autonomous segment has witnessed significant growth during the forecast period due to increasing adoption of technology and automation in order to reduce human error and boost work efficiency. By geography, North America has the largest market share during the forecast period owing to the presence of a prominent logistics industry in this region.
Some of the key players in the Trailer Terminal Tractor market include CAPACITY TRUCKS, Hoist Liftruck Mfg., LLC, AB Volvo, AUTOCAR, LLC., Konecranes, CVS FERRARI S.P.A., CARGOTEC (Kalmar), MAFI Transport Systems GmbH, Sinotruk (Hong Kong) Limited, TICO Tractors, BYD Company Limited, Orange EV, TERBERG SPECIAL VEHICLES and Mol CY nv.
Technologies Covered:
- Semi-autonomous
- Autonomous
- Manual
Axles Covered:
- Multi-Axle
- Single Axle
Fuels Covered:
- Hybrid Electrical Vehicle (HEV)
- Diesel/Gasoline
- Battery Electric Vehicle (BEV)
Tonnages Covered:
- Above 100 Tons
- Between 50-100 Tons
- Below 50 Tons s
End Users Covered:
- Industry
- Port
- Distribution and Logistics Centers
- Other End Users
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 173 pages "Trailer Terminal Tractor - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Trailer Terminal Tractor Market, By Technology, Global Trailer Terminal Tractor Market, By Axle, Global Trailer Terminal Tractor Market, By Fuel, Global Trailer Terminal Tractor Market, By Tonnage, Global Trailer Terminal Tractor Market, By End User, Global Trailer Terminal Tractor Market, By Geography, Key Developments, Company Profiling.
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