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Demand For Automotive Fifth Wheel Couplings Are Projected To Rise At A CAGR Of 5.7% By 2032

01-20-2023 03:03 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Demand For Automotive Fifth Wheel Couplings Are Projected

The global automotive fifth wheel coupling market is projected to rise at a CAGR of 5.7% over the 2022-2032 forecast period. The market is expected to top a valuation of US$ 1 billion by 2032, up from US$ 575.6 million in 2022.

Data represented in this research is in form of charts, tables, and maps wherever needed enhancing its readability. This market research report provides the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. The market report has been particularly designed by keeping in mind the customer requirements with the aim to gain a competitive advantage in the forecast period.

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Global Automotive Fifth Wheel Couplings: Factors Influencing Demand

Automotive fifth wheel couplings are witnessing significant demand due to implementation of advanced technologies to improve product quality and compliance with government regulations and policies to meet emission standards. Adoption of improved material technology in the manufacturing of automotive components increases load capacity and strength of components.

Key Companies

• SAF-Holland S.A
• JOST Werke AG
• Sohshin Co. Ltd.
• RSB Group
• Hunger Hydraulics Group
• Fontaine Fifth Wheel
• Tulga Fifth Wheel Co.
• Guangdong Fuwa Engineering Group Co.
• Xiamen Wondee Autoparts Co. Ltd.
• Land Transport Equipment Co. Ltd.

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Segmentation of Automotive Fifth Wheel Coupling Industry Research

• Automotive Fifth Wheel Coupling Market by Product :

o Compensating
o Semi-oscillating
o Fully-oscillating
o Others

• Automotive Fifth Wheel Coupling Market by Actuation :

o Hydraulic Actuators
o Pneumatic Actuators
o Others

• Automotive Fifth Wheel Coupling Market by Tonnage :

o 6-20 Tons
o 21-44 Tons
o 45 Tons and Above

• Automotive Fifth Wheel Coupling Market by Sales Channel :

o OEMs
o Aftermarket

• Automotive Fifth Wheel Coupling Market by Region :

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

Advent of Shared Mobility and Vehicle to Vehicle is Creating Growth Prospects for the Automotive Fifth Wheel Coupling

In recent year, a substantial rise in traffic and severe road accidents have been witnessed. Thus to curb these road incidences and increasing driving comfort, a steady rise in adoption of vehicle to vehicle communication and shared mobility technologies is observed in the automobile industry across the globe. This will create lucrative sales opportunities for the Automotive Fifth Wheel Coupling
players over the coming years.

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"Rapid Deployment of Semi-Oscillating Fifth Wheel Couplings in On-road Trailer Vehicles"

This paper presents a novel approach to the rapid deployment of semi-oscillating fifth wheel couplings in on-road trailer vehicles. The proposed system utilizes a combination of mechanical and electronic components to enable the quick and easy installation of the coupling. The system is designed to be user-friendly, allowing for easy installation and removal of the coupling without the need for specialized tools or expertise. Additionally, the system is designed to be robust and reliable, ensuring that it can withstand harsh environmental conditions and provide reliable performance over long periods of time. Finally, the system is designed to be cost-effective, allowing for its widespread adoption in a variety of applications.

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