Press release
Terminal Tractors Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Terminal tractors, also known as shunt truck, yard truck or spotting truck, has seen a surge in its sales growth in the recent years. The versatile nature of terminal tractors have been pivotal to its demand growth. The demand for electric terminal tractors has been observed to surge in the recent past, with is further expected to pick the momentum, as the related battery prices go down. North America remains the key market for terminal tractors, though the demand is also increasing in Asia-Pacific and Europe.
Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2783
New features augments the demand for terminal tractors
The manufacturers of terminal tractors are focusing on the comfort of the operator, as the inside ergonomics have been one of the key factors jolting its demand. Few years back, air conditioning inside a terminal tractor was an option for the buyers; however, the manufacturers have started to make it standard across their portfolio. It was due to this fact that several terminal tractors started to refuse working in humid environment inside the terminal tractors.
Another transformation in the terminal tractors can be seen in the form of exterior LED lighting. As against incandescent or halogen lamps, LED lighting offers better visibility to the terminal tractor operator. Third change in the structure of terminal tractor comes in the form of seats. The operators of terminal tractors are also seeking comfort of a car in the vehicle they operate. This has led the manufacturers to improve the seating quality of their terminal trucks.
The manufacturers of terminal tractors are also replacing inflexible welded frame with the rigid bolted frame in their terminal tractors. The terminal tractors with these attributes makes them easier to service and maintain. Besides, they are also including additional safety rails, non-slip surfaces and wider level rear platform to improve safety features.
Electric terminal tractor’ demand soaring
While the world has observed a spurt in sales of electric vehicles including cars, trucks and buses, the users of terminal tractors have also started to shift towards the greener technology. This has encouraged the manufacturers of terminal tractors to conduct research and development to build no-emission vehicles.
Mikko Lehtinen, Business Development Director of Terminal Tractors at Kalmar states “Environmental legislation is already pushing diesel engines to the next level putting more environmental solutions such as electric terminal tractors right round the corner. The tipping point will be when battery technology becomes cheap enough which is why Kalmar has focused its electric terminal tractors development to the battery software.” Terberg Benschop, a Netherland-based manufacturer of terminal tractors has also introduced LNG and fully-electric versions of terminal tractors.
Ask For Customized Report @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=2783
Unsteady demand for terminal tractors
The demand for terminal tractors remains unsteady, and is highly dependent on the forecast of the projects related to terminal tractors. The Trump government’s vigorous steps on trade related to the U.S. and Brexit already have impacted the terminal tractors market in their own magnitude. Besides, other important business-political movements in trade impacts the terminal tractors demand. Terberg Benschop witnessed a slowdown in sales of terminal tractors in Asia-Pacific, one of the key markets for the company. It was due to the reason that operators in the region were offering shipping lines at reduced rates, causing a delay in terminal investments and thus impacting the order intake for terminal tractor manufacturers. The implementation of Stage 4 engines have also impacted the demand, as a result of the increased price of terminal trucks with the advanced engines.
Terminal tractors manufacturers focusing on new orders with improvement in product
Besides, Kalmar and Terberg, the other prominent manufacturers of terminal tractors include Leavitt Machinery, Konecranes, Daysworth International, Autocar, LLC, and Capacity Trucks. All of the manufacturers have been focusing on receiving new orders for the terminal tractors.
In September 2016, Kalmar won an order for two T2 terminal tractors from HeavyMovement in Spain. During the same year, Kalmar won a contract Gulftainer Lebanon to supply six Kalmar T2 terminal tractors. In 2016 itself, Terberg Benschop an order from C-Ro in Belgium for 117 RoRo terminal tractors for their terminals in the U.K. and the BENELUX. Terberg also received an order from MSC Valencia for 20 terminal tractors. Additionally, it received orders for five units, and 14 units of terminal tractors from Trieste Marine Terminal and STAM Tunisia, respectively. In June 2016, Kalmar launched its T2 terminal tractor, which it claimed was designed in inspiration from its customers. It has an ergonomically designed cabin, easier to maintain and provides over 100 different driveline combinations.
For more information on this report, please visit:https://www.factmr.com/report/2783/terminal-tractors-market
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Read Industrial News : http://insiderstribune.com/
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Terminal Tractors Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 here
News-ID: 1532504 • Views: …
More Releases from Fact.MR
Rice Syrup Market Set for Remarkable Growth, Expected to Surpass US$ 1.09 Billio …
In 2021, the volume of rice syrup market worldwide increased by 2.9% YoY to 307.6 kilo tons. By the end of 2032, sales of rice syrup are expected to have increased at a compound annual growth rate (CAGR) of 4.5% and be valued at US$ 1.09 billion.
According to Fact.MR's in-depth analysis, the consumption of rice syrup is projected to represent around 10% of the value of the worldwide syrup market…
Content Delivery Network Market Is Approximated To Reach A Value Of US$ 71.7 Bil …
In 2024, the worldwide Content Delivery Network (CDN) market reached a valuation of US$ 23.5 billion. Forecasts indicate that the demand for CDN services is set to surge, with an estimated Compound Annual Growth Rate (CAGR) of 11.8%. By 2034, the market is projected to soar to a valuation of US$ 71.7 billion.
The Content Delivery Network Industry sales study offers a comprehensive analysis on diverse features including production capacities, Content…
Lap Timers Market Is Valued At US$ 197 Million And Is Expected To Increase At 5. …
In 2022, the global lap timers market achieved a scale of US$ 197 million, and it is projected to grow to US$ 345 million by the conclusion of 2032. This growth trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 5.7% from 2022 to 2032.
The Lap Timers Industry sales study offers a comprehensive analysis on diverse features including production capacities, Lap Timers demand, product developments, sales revenue generation and…
Ventilation Fans Market Is Anticipated To Reach US$ 3,349.0 Million By 2032: Fac …
In 2022, the worldwide ventilation fan market is projected to attain a value of US$ 2,130.5 million, with further growth anticipated. It is forecasted to advance at a compound annual growth rate (CAGR) of 4.6%, ultimately reaching US$ 3,349.0 million by the conclusion of 2032.
The Ventilation Fan Industry sales study offers a comprehensive analysis on diverse features including production capacities, Ventilation Fan demand, product developments, sales revenue generation and Ventilation…
More Releases for Terminal
Card Payment Terminal Market is Going to Boom With Square Terminal, KVSIO, Gilba …
Latest released the research study on Global Card Payment Terminal Market, offers a detailed overview of the factors influencing the global business scope. Card Payment Terminal Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Card Payment Terminal Market. The study covers emerging…
Bedside Terminal Service Market
#Download Sample Pages of Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1907052
The global Bedside Terminal Service market 2019 research is a professional and in-depth study on the current state of the industry and provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.
Global Bedside Terminal Service Market Report including definitions, classifications, applications and industry chain structure. Global Bedside Terminal Service market status, size, outlook of global and major…
Terminal Management System Market
Terminal management system runs, manages and supports wide-ranging terminal networks from central and remote locations for sectors including oil and gas and chemical as well as banking and manufacturing sector. They help in managing and monitoring numerous terminals from a single location in a well-planned manner. Thus, terminal management systems help in aligning business objectives with its technology solutions. They offer a flexible and scalable solution thus ensuring security and…
Public Relations Software Market to 2022 - International Research for PC Termina …
Public Relations Software Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
This report studies the global Public Relations Software market, analyzes and researches the Public Relations Software development status and forecast in United States, EU, Japan,…
RuggON Announces Mobile Data Terminal
RuggON is pleased to announce the MT7000: a durable, all-in-one vehicle terminal for fleet management, asset management, and Electronic Logging (ELD) applications. The MT7000 offers a high-end seven-inch display, intuitive user interface with a multi-touch PCT touchscreen for the ultimate visibility.
The smart power management inside MT7000 features delay turn on and off which allows users to have enough time to move this device to second power source or safely shutdown…
Celebrate Taiwan @ Grand Central Terminal
Sep 18th 2013, New York - Taiwan Tourism Bureau Office in New York partners with the Smithsonian Museum to promote Taiwan culture with a “Celebrate Taiwan @ Grand Central Terminal” event on September 28, 2013 from 11AM to 2PM for “Museum Day Live!”. The Grand Central Terminal is one of Manhattan’s most famous attractions, and is a part of the U.S Beaux Arts Wonder architectures. Recently, Taiwan Hsinchu Railway Station…
