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Tugger Trains Market Intelligence Report Offers Growth Prospects 2031

04-23-2021 06:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Tugger Trains Market

Tugger Trains Market

Tugger Trains Market: Overview and Dynamics

Tugger trains are a form of ground-level material transport vehicle. They usually consist of a towing truck and one or more trailers with carriers attached. Both driving and load management can be done manually, partially or fully automatically.

Modern intralogistics relies heavily on tugger trains. They are particularly useful in lean manufacturing environments. Internal transport can be built very effectively with tugger trains, all the way up to fully automated supply chain.

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Loads can be transported ergonomically in the factory regardless of employee physical condition in automated tugger trailers. Moreover, less space is needed, and the load carriers or trolleys are handled more safely. This give tugger trains an upper hand over other material handling equipment driving the market demand and substantial growth.

The automotive industry have started the movement toward forklift-free manufacturing due to the restraints of lower flexibility of forklift. This provides advantages and potential opportunity for tugger trains manufacturers to capture significant market share.

Tugger trains are becoming more popular as an internal mode of transportation. Their ability to raise performance, standardize procedures, and enhance workplace safety is extensively been considered for implementation. The growing use of tugger trains in industries apart from vehicle manufacturing reflects a growing demand for process improvement.

Moreover, tugger trains are widely used in the industry for transferring and material handling solutions to advance the use of drinks, foodstuffs, confectioneries, dairy products, and deep–frozen foods handling in food & beverage industry As a result, tugger trains are closely connected to lean management, a value-added chain’s productive organization.

The cost of switching to a tugger trains system is also lower. Fewer trucks and associated resources are needed for production processes. Tugger trains, in contrast to forklift trucks, eliminate the need for manual labor in material transportation. The high cost of mobilizing intralogistics in an industry is still expensive for small medium enterprises, reducing corpus opportunities that small medium enterprises might have in the market.

The Industrial Internet of Things (IIoT) is accelerating the use of advanced technology in industrial processes. The Industrial Internet of Things is ravaging across manufacturing industries and reshaping current manufacturing processes. The shift from forklift to tugger trains, enhanced attributes through technological development is poised to drive the tugger trains market with exponential growth rate over the future period.

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COVID-19 Impact Insights

With the spread of COVID-19 and lockdowns measures taken by governments to stop the spread of the virus is hurting the economy from all directions. This has resulted in various industries from manufacturing to food & beverages seen a step depth in their economic curve. The outbreak of COVID-19 had a significant impact on tugger trains market. The disruption in the supply chain due to the travel restrictions and regional boundaries closed for transfer of goods affected the demand for the tugger trains in the market.

The unavailability of the raw materials and fall in demand had forced manufacturers to reduce the production leading to lower demand of tugger trains. However, consistently upgrading and improving the supply chain, manufacturing and safety measures with COVID-19 guidelines for worker safety at industries has helped the tugger trains market to bounce back strongly best by the first quarter of 2020.

The market is expected to regain its momentum as the restrictions on travel and trade are eased by the governments. Once warehouses and fulfillment centers start functioning with maximum efficiency, the market for tugger trains will surely bounce back and regain its stabilized position.

Segmentation Analysis of Tugger Trains Market

The global Tugger Trains market is bifurcated into seven major segments: by type, function, towing truck type, frames type, maximum load per carrier, end-use industry and region.

Based on type, Tugger Trains market has been segmented into:

Trailer
Taxi
Push

Based on function, Tugger Trains market has been segmented as follows:

Manual
Semi- Automated
Automated

Based on towing truck type, Tugger Trains market has been segmented as follows:

Long distance
Frequent stops
Infrequent stops

Based on frames type, Tugger Trains market has been segmented as follows:

E- Frames
B- Frames
C- Frames
H- Frames
Others

Based on maximum load per carrier, Tugger Trains market has been segmented as follows:

Less than 350 kg
350-500 kg
500-750 kg
More than 750 kg

Based on end-use industry, Tugger Trains market have been segmented as follows:

Logistics
Food & Beverage
Retail & E-Commerce
Airport
Automotive
Industrial Manufacturing
Others

Based on geographic regions, Tugger Trains market is segmented as

North America
Latin America
Europe
East Asia
South Asia and Oceania
Middle East & Africa

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Tugger Trains Market: Regional Outlook
Considering the regional classification, the report “Tugger Train” delivers categorical study on six prominent regions which include North America, Europe, Latin America, South Asia & Oceania, East Asia and Middle East & Africa.

Tugger trains are widely used in the automotive and E-Commerce industries in North America and Europe, which has been the primary driving force for the market’s categorical development. As a result, the use of tugger trains in a variety of industrial applications is poised to provide enormous demand in these regions in short-to-medium term.

China, which is regarded as the world’s manufacturing hub, is poised to dominate the tugger trains market in the coming decade as a result of extensive manufacturing cluster establishment within the region, which is looking forward to implementing intralogistics in their internal supply chains creating an exponential demand for tugger trains

Furthermore, by the end of 2030, China is predicted to dethrone the United States as the world’s leading intralogistics market. This is attributable to the country’s stable government and the government’s unwavering dedication to introducing digital technology in factories.

Moreover, growing adoption of smart manufacturing practices in the South Asian countries is expected to boost the tugger train market particularly in India, Indonesia and Malaysia in the future. Latin America and Middle & Africa has witnessed minimal demand of tugger trains due limited application scope but is expected to gain potential market share in the future course of time.

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Tugger Trains Market: Key players

Considering logistics and e-commerce industry, the market structure of tugger trains is consolidated as only a few numbers of players are catering to the demand for Tugger Trains. Across the globe,

STILL GmbH
Jungheinrich AG, K
Hartwall
Hyster-Yale Group, Inc
JUNG Hebe-
And Transporttechnik GmbH, Schiller are market leaders for manufacturing and distribution of tugger train.

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