Categories
News

Truck Landing Gear Market Unit Sales to Witness Significant Growth in the Near Future

Persistence Market Research has published a new market research report titled “Truck Landing Gear Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026,” which examines the Truck Landing Gear market and provides useful insights for the next eight years. According to the report, the market is anticipated to witness rise in demand and first fit installation in newly manufactured trailers. The projected valuation of the global Truck Landing Gear market in 2018 is US$ 252.5 Mn and the market is expected to exhibit a CAGR of 4.7% and reach US$ 364.3 Mn by 2026. The Truck Landing Gear market is expected to create incremental $ opportunity worth US$ 111.8 Mn over the forecast period.

Global Truck Landing Gear Market Dynamics        

Growing transportation using trucks & trailers and booming heavy duty truck production are the two major factors projected to boost the global truck landing gear market growth during the period of forecast. Moreover, the automotive industry is rapidly shifting towards light weight and fuel efficient vehicles, which is another the prominent factor anticipated to give a boost to the global truck landing gear market over the slated time period.

In addition, growing support from government regulations, such as AAR, TUV and StVZO, are also anticipated to hike the demand for truck landing gears. Furthermore, regulations pertaining the total length and load capacity of truck landing gears are also likely to create demand in the global truck landing gear market during the stipulated time period.

For detailed insights on enhancing your product footprint, request for a Sample here @ https://www.persistencemarketresearch.com/samples/25051

On the flip side, manually operated truck landing gears are creating hurdles in the truck landing gear market. During uplifting and down lifting, these truck landing gears can lead to health issues, such as back pain. Therefore, the truck landing gear manufacturers are focused on the launch of automatic truck landing gears. Though the cost of automatic truck landing gears is high, their output is also higher than that of manual truck landing gears.

Global Truck Landing Gear Market Forecast

By lifting capacity, in terms of revenue, the 20,000 lbs to 50,000 lbs segment is projected to hold considerable share in the truck landing gear market on account of the significantly growing demand for this type across the globe. In brief, the more than 50,000 lbs segment is projected to account for nearly half of the market share as compared to 20,000 lbs and 50,000 lbs segment. Moreover, the lifting capacity segment is projected to create incremental $ opportunity worth US$ 111.8 Mn in the global truck landing gear market during the forecast period.

Based on operation, the manual segment holds leading share in the global truck landing gear market as manual truck landing gears are cheaper and do not require any extra power source, such as batteries to uplift and down lift the truck landing gear. However, in growth terms, the automatic segment will represent significant potential in the global truck landing gear market as the automotive industry in inclining towards automation.

By sales channel, the OEM segment is projected to dominate in the global truck landing gear market throughout the forecast period. In terms of value share, the aftermarket segment is expected to account for ~12.7% share in 2018 and by 2026, the segment is anticipated to hold ~81.7% share in the overall market’s absolute $ opportunity over the slated time period.

Among the regional markets, Europe is projected to dominate the global truck landing gear market and is projected to grow at a CAGR of 3.0% in the global market. China is projected to grow at a CAGR of 5.9% in the global truck landing gear market and will be followed by Europe. In China, the government is highly focused on improving overall vehicle efficiency through the use of light weight materials as well as by imposing government regulations pertaining to safety of trailers. This will augment the growth of the truck landing gear market in the country over the forecast period. The Latin America region is anticipated to grow at a noteworthy CAGR in the global truck landing gear market during the forecast period. Moreover, South East Asia & Pacific region is projected to witness 5.2% CAGR in the global truck landing gear market as major manufacturers are shifting their trailer components manufacturing plants to Australia.

Global Truck Landing Gear Market Competitive Landscape

  • JOST Werke AG
  • SAF-HOLLAND S.A.
  • Guangdong Fuwa Engineering Group Co., Ltd.
  • Butler Products Corp.
  • BPW Bergische Achsen KG
  • York Transport Equipment (Asia) Pte Ltd.
  • AXN Heavy Duty, LLC
  • H. D. Trailers Pvt. Ltd.
  • Sinotruck Howo Sales Co.,Ltd.
  • Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.
  • haacon hebetechnik gmbh
  • Yangzhou Tongyi Machinery Co., Ltd.

For in-depth competitive analysis, Check Pre-Book here @ https://www.persistencemarketresearch.com/checkout/25051

Reasons to Purchase this Report:

Accuracy and Quality
Our reports strive to offer superior quality reports based on authentic and accurate findings.
Customer Satisfaction
We aim to ensure that our client’s research needs are met with customized, top-of-the-line solutions.
Unmatched Expertise
Our analysts and consultants are among the best in their field and promise to deliver excellent market intelligence.
360-degree Analysis
We leave no stone unturned to give clients an exhaustive coverage of the industry.

ABOUT US:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

For Further Information about Automotive Market –  https://www.persistencemarketresearch.com/category/automotive-and-transportation.asp

 

CONTACT:

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: [email protected]

Web: http://www.persistencemarketresearch.com

Categories
News

Truck Landing Gear Market Demand & Unit Sales to Witness Significant Growth in the Near Future

Persistence Market Research has published a new market research report titled “Truck Landing Gear Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026,” which examines the Truck Landing Gear market and provides useful insights for the next eight years. According to the report, the market is anticipated to witness rise in demand and first fit installation in newly manufactured trailers. The projected valuation of the global Truck Landing Gear market in 2018 is US$ 252.5 Mn and the market is expected to exhibit a CAGR of 4.7% and reach US$ 364.3 Mn by 2026. The Truck Landing Gear market is expected to create incremental $ opportunity worth US$ 111.8 Mn over the forecast period.

Global Truck Landing Gear Market Dynamics        

Growing transportation using trucks & trailers and booming heavy duty truck production are the two major factors projected to boost the global truck landing gear market growth during the period of forecast. Moreover, the automotive industry is rapidly shifting towards light weight and fuel efficient vehicles, which is another the prominent factor anticipated to give a boost to the global truck landing gear market over the slated time period.

In addition, growing support from government regulations, such as AAR, TUV and StVZO, are also anticipated to hike the demand for truck landing gears. Furthermore, regulations pertaining the total length and load capacity of truck landing gears are also likely to create demand in the global truck landing gear market during the stipulated time period.

On the flip side, manually operated truck landing gears are creating hurdles in the truck landing gear market. During uplifting and down lifting, these truck landing gears can lead to health issues, such as back pain. Therefore, the truck landing gear manufacturers are focused on the launch of automatic truck landing gears. Though the cost of automatic truck landing gears is high, their output is also higher than that of manual truck landing gears.

Global Truck Landing Gear Market Forecast

By lifting capacity, in terms of revenue, the 20,000 lbs to 50,000 lbs segment is projected to hold considerable share in the truck landing gear market on account of the significantly growing demand for this type across the globe. In brief, the more than 50,000 lbs segment is projected to account for nearly half of the market share as compared to 20,000 lbs and 50,000 lbs segment. Moreover, the lifting capacity segment is projected to create incremental $ opportunity worth US$ 111.8 Mn in the global truck landing gear market during the forecast period.

Based on operation, the manual segment holds leading share in the global truck landing gear market as manual truck landing gears are cheaper and do not require any extra power source, such as batteries to uplift and down lift the truck landing gear. However, in growth terms, the automatic segment will represent significant potential in the global truck landing gear market as the automotive industry in inclining towards automation.

By sales channel, the OEM segment is projected to dominate in the global truck landing gear market throughout the forecast period. In terms of value share, the aftermarket segment is expected to account for ~12.7% share in 2018 and by 2026, the segment is anticipated to hold ~81.7% share in the overall market’s absolute $ opportunity over the slated time period.

Among the regional markets, Europe is projected to dominate the global truck landing gear market and is projected to grow at a CAGR of 3.0% in the global market. China is projected to grow at a CAGR of 5.9% in the global truck landing gear market and will be followed by Europe. In China, the government is highly focused on improving overall vehicle efficiency through the use of light weight materials as well as by imposing government regulations pertaining to safety of trailers. This will augment the growth of the truck landing gear market in the country over the forecast period. The Latin America region is anticipated to grow at a noteworthy CAGR in the global truck landing gear market during the forecast period. Moreover, South East Asia & Pacific region is projected to witness 5.2% CAGR in the global truck landing gear market as major manufacturers are shifting their trailer components manufacturing plants to Australia.

Global Truck Landing Gear Market Competitive Landscape

  • JOST Werke AG
  • SAF-HOLLAND S.A.
  • Guangdong Fuwa Engineering Group Co., Ltd.
  • Butler Products Corp.
  • BPW Bergische Achsen KG
  • York Transport Equipment (Asia) Pte Ltd.
  • AXN Heavy Duty, LLC
  • H. D. Trailers Pvt. Ltd.
  • Sinotruck Howo Sales Co.,Ltd.
  • Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.
  • haacon hebetechnik gmbh
  • Yangzhou Tongyi Machinery Co., Ltd.

ABOUT US:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

 

CONTACT:

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: [email protected]

Web: http://www.persistencemarketresearch.com

Categories
All News

Truck Landing Gear Market Size, Revenue, Share, Scope, Growth Rate And Forecast To 2027

New Jersey, United States: Market Research Intellect has added a new report to its huge database of research reports, entitled “Truck Landing Gear Market Size and Forecast to 2027“. The report offers a comprehensive assessment of the market including insights, historical data, facts, and industry-validated market data. It also covers the projections using appropriate approximations and methods.

Truck Landing Gear Market Overview

The Truck Landing Gear Market Report provides comprehensive data on market dynamics, market trends, product growth rate, and price. The Truck Landing Gear market report has various facts and statistics assuming the future predictions of the upcoming market participants. In addition, it offers business security taking into account sales, profit, market volume, demand and market supply ratio. The in-depth study provides vital information related to market growth, driving factors, major challenges, opportunities, and threats that will prove to be very helpful for market participants in making upcoming decisions.

Truck Landing Gear Market: Competitive Landscape

The Truck Landing Gear Market report consists of the Competitive Landscape section which provides a complete and in-depth analysis of current market trends, changing technologies, and enhancements that are of value to companies competing in the market. The report provides an overview of sales, demand, futuristic costs and data supply as well as a growth analysis in the forecast year. The key vendors in the market that are performing the analysis are also clearly presented in the report. Their development plans, their growth approaches, and their merger and acquisition plans are also identified. Information specific to a keyword in each of these regions is also provided. This report also discusses the submarkets of these regions and their growth prospects.

Prominent players operating in the market:

  • JOST Werke
  • SAF-Holland
  • Guangdong Fuwa Engineering Group
  • Butler Products
  • Haacon Hebetechnik
  • BPW Bergische Achsen
  • York Transport Equipment
  • AXN Heavy Duty
  • Sinotruck Howo
  • Zhenjiang Baohua Semi-Trailer Parts
  • Yangzhou Tongyi Machinery

Truck Landing Gear Market Segmentation

The report contains the market size with 2019 as the base year and an annual forecast up to 2027 in terms of sales (in million USD). For the forecast period mentioned above, estimates for all segments including type and application have been presented on a regional basis. We implemented a combination of top-down and bottom-up approaches to market size and analyzed key regional markets, dynamics and trends for different applications.

Truck Landing Gear Market Segment by Type:

  • Less Than 20
  • 000 lbs
  • 20
  • 000 lbs To 50
  • 000 lbs
  • More Than 50
  • 000 lbs

Truck Landing Gear Market Segment by Application:

  • OEM
  • Aftermarket

Truck Landing Gear Market Regional overview:

In the report, experts analyze and forecast the Truck Landing Gear market on a global as well as regional level. Taking into account all aspects of the market in terms of regions, the focus of the report is on North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The prevailing trends and various opportunities in these regions are studied that can convince the growth of the market in the forecast period 2020 to 2027.

Buy Now report with Analysis of COVID-19 [$2999] @ https://www.marketresearchintellect.com/checkout/?buyreport=463818

Reasons to Buy the Truck Landing Gear Market Report:

• Outlook analysis of the Truck Landing Gear market sector with current trends and SWOT analysis.
• This study evaluates the dynamics, competition, industrial strategies and strategies of the emerging countries.
• This report has a comprehensive guide that provides market insights and detailed data on each market segment
• Market growth factors and risks are presented.
• More precise information provision on the Truck Landing Gear market for different countries.
• Provide visions on factors influencing the growth of the market.
• Market segmentation analysis, including quantitative and qualitative research considering the impact of economic and non-economic aspects
• Comprehensive company profiles with product offerings, important financial information and the latest developments.

If you have any custom requirements, please let us know and we will offer you the customized report as per your requirements.

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.

Contact us:

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

Website – https://www.marketresearchintellect.com/