Global Truck Trailer Landing Gear Market, By Operation (Manual Truck Landing Gear and Automatic Truck Landing Gear), Lifting Capacity (Less Than 20,000 LBS, 20,000 LBS to 50,000 LBS and More than 50,000 lbs), Sales Channel (OEM and Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Truck Trailer Landing Gear Market
The trailer landing gear market is expected to witness market growth at a rate of 4.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on trailer landing gear market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
The landing gear for the truck trailer refers to retractable supports that retain the height of the trailer while the tractor is removed. To support the trailer after it is decoupled from the prime mover, a pair of landing legs is mounted at the front end. Landing gear, also known as stabilizers, should have the sufficient ability to lift the loaded trailer, if necessary, with a gear system. The increasing demand for logistics creates a need for trucks and trailers, which has had a positive effect on the truck landing gear market's growth. Furthermore, the growing trailer fleet and the high volume of foreign trade are also fuelling the development of the truck landing gear market.
Stringent government regulations regarding carbon emission and growing demand for installation of truck landing gears in existing trailers are the two factors that will propel the demand for new trailers and trucks, which in turn, is expected to give a push to the global truck landing gear market during the forecast period. Moreover, rising adoption of light weight truck landing gears as well as robust demand for oil and milk tankers for the transportation of oil from one place to another place are the other factors projected to foster the growth of the global truck landing gear market throughout the forecast period. In addition, rising transportation in e-commerce and increasing fleet of trailers will also ramp up the global truck landing gear market during the forecast period. Some small fleet trailer owners are also using supportive structures with truck landing gears to provide additional support to truck landing gears. These supportive structures are mainly used in shipyards to prevent truck landing gears from undergoing a sudden collapse.
This trailer landing gear market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on trailer landing gear market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Truck Trailer Landing Gear Market Scope and Market Size
The trailer landing gear market is segmented on the basis of operation, lifting capacity and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the operation, trailer landing gear market is segmented into manual truck landing gear and automatic truck landing gear.
- Based on the lifting capacity, trailer landing gear market is segmented into less than 20,000 lbs, 20,000 lbs to 50,000 lbs and more than 50,000 lbs.
- Based on the sales channel, trailer landing gear market is segmented into OEM and aftermarket.
Truck Trailer Landing Gear Market Country Level Analysis
The trailer landing gear market is analysed and market size, volume information is provided by country, operation, lifting capacity and sales channel as referenced above.
The countries covered in the automotive vehicle scanner market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the trailer landing gear market due holding a major share of the global trailer, semi-trailer, and tankers market and the rising of the vehicle manufacturing and the importance of noticeable key players performing in the region. Moreover, due to the increasing of per capita disposable income levels and the rising of the expenditure capacity are factors aiding to the growth of the trailer landing gear market in the region. North America is expected to show considerable amount of growth in the trailer landing gear market due to the holding of major shares of the growth of the trailer landing gear market in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Truck Trailer Landing Gear Market Share Analysis
The trailer landing gear market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to trailer landing gear market.
The major players covered in the trailer landing gear market report are JOST Werke; SAF-HOLLAND SE; Guangdong Fuwa Engineering Group Co., Ltd.; Butler Products,; BPW Bergische Achsen Kommanditgesellschaft Ohlerhammer; haacon.; Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.; MetInfo Inc.; AXN Heavy Duty; Interstate Trailers; are among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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