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What's driving the Truck Landing Gear Market trends? 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

What's driving the Truck Landing Gear Market trends? Guangdong

Persistence Market Research latest research report on ‘Truck Landing Gear Market’ delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.

Some of the leading players manufacturing Truck Landing Gear and featured in this study on Truck Landing Gear are 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, and Yangzhou Tongyi Machinery Co., Ltd.

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Scope of Report

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 man-ufactured 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 Land-ing Gear market is expected to create incremental $ opportunity worth US$ 111.8 Mn over the fore-cast period.

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 batter-ies 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 fore-cast 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.

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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.

Table of Content:

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. End Use Structure
3.1. Porter’s Analysis
3.2. Macro-Economic Factors
3.2.1. Global Automotive Sector Outlook
3.2.2. Global Trailer Production
3.2.3. Global Trailer Production, by Manufacturers
3.2.4. Regional GDP growth outlook
3.3. Forecast Factors – Relevance & Impact
3.4. Value Chain (Market participants such as raw material suppliers, manufacturers, integrators, among others)
3.5. Market Dynamics
3.5.1. Driver
3.5.2. Restraint
3.5.3. Opportunity
3.5.4. Trend

4. Truck Landing Gear Market Forecast
4.1. Market value projection (US$ Mn)
4.2. Market Volume (New Sales) Projections
4.3. Global Pricing Analysis by Lifting Capacity (Cumulative Pricing as per the respective regions)
4.4. Market Size Projections
4.4.1. Y-o-Y Projections
4.4.2. Absolute $ Opportunity Analysis

5. Global Truck Landing Gear Market Analysis 2013–2017 and Forecast 2018–2026, By Lifting Capacity
5.1. Introduction
5.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Lifting Capacity (2013-2017)
5.3. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Lifting Capacity (2018-2026)
5.3.1. Less than 20,000 lbs
5.3.2. 20,000 lbs to 50,000 lbs
5.3.3. More than 50,000 lbs
5.4. Market Attractiveness Analysis By Lifting Capacity

6. Global Truck Landing Gear Market Analysis 2013–2017 and Forecast 2018–2026, By Operation
6.1. Introduction
6.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Analysis By Operation (2013-2017)
6.3. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Operation (2018-2026)
6.3.1. Manual

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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.

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