The Global Trailer Terminal Tractor Market Is Projected To Reach Market Value Of Nearly Us$ 700mn By 2030

A new study by Fact.MR on trailer terminal tractors market opines global revenues to grow at nearly 2.5% in 2021. The market rally has been stalled by weakness induced by COVID-19 induced pandemic, however, the commencement of recovery can boost prospects in the long run. The market study by Fact.MR offers detailed insights for the period 2020 to 2030, analyzing the market in over 20 countries.

An increasing number of companies are choosing electric vehicles for their fleet. This shift is expected to continue throughout the forecast period says Fact.MR. The stringent policies on emission control for vehicles is key factor propelling the growth of the market.

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Key Takeaways

Hybrid electric vehicles (HEV) and battery operated electric vehicles (BEV) are expected to be in considerably high demand
Conventional diesel/gasoline based vehicles continue to lead the market
Autonomous vehicles to witness significant growth in sales in the next decade
North America to emerge as the most lucrative market for trailer terminal tractors in the forecast period.
Trailer terminal tractor with capacity between 50 to 100 tons will remain top-selling variant
Single axle trailer terminal tractors to cover leading market share, retaining lucrativeness in the market

Trailer Terminal Tractor Market - Competitive Landscape

Companies in the global trailer terminal tractor market are looking at product innovations and new product launches to gain advantage over competitors.

For instance, Kalmar, which is a part of Cargotec is coming up with a new tractor with zero emissions for trailer handling. The new vehicle is designed essentially for short travels, for warehouses which are dispersed and container terminals.

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Trailer Terminal Tractor Market - Segmentation

Fact.MR's research study assesses the global Trailer Terminal Tractor Market in terms of raw material, form, application and region. This report presents extensive market dynamics and trends associated with different segments of the market and their influence on the growth prospects of the global Trailer Terminal Tractor Market.

Fuel Type
Diesel/Gasoline
HEV
BEV
Tonnage
Below 50 Tons
Between 50-100 Tons
More than 100 Tons
Number of Axles
Single Axle
Multi Axles

End users
Port
Industrial
Heavy industry
Food and beverage
Oil and gas

By technology
Manual
Semi- autonomous
Autonomous

Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Key Data Points Covered in the Report:-

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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Various analysis methods to deliver precise market information.
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Data collection from extensive primary and secondary research.
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