Press release
Fifth Wheel Coupling Market to touch a valuation of nearly US$ 700 Mn in 2025
Advanced Material Technology Positively Impacting the Global Fifth Wheel Coupling Market : The adoption of advanced material technology in automobile components increases the load capacity as well as strength of the component. The increased load capacity of fifth wheel couplings results in increasing productivity, which in turn is expected to fuel the growth of the fifth wheel coupling market in the coming years. Moreover, stringent emission standards in countries, such as Germany, the U.K. and Italy, are compelling automotive manufacturers to make fuel efficient vehicles.
To achieve fuel economy, auto makers are trying to reduce the weight of vehicles and their components, which will support the demand for light weight automotive fifth wheel couplings. These advanced material fifth wheel couplings are relatively light weight and hence, improve the durability and performance of vehicles. These features are expected to propel the growth of the fifth wheel coupling in the market in the coming years.
Request Report for TOC @ https://www.persistencemarketresearch.com/market-research/fifth-wheel-coupling-market/toc
Global Fifth Wheel Coupling Market: Segmentation and Forecast : The global fifth wheel coupling market is segmented on the basis of product type, operation, capacity, sales channel and region.
By product type, the semi oscillating segment was estimated to be valued at nearly US$ 294 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 445 Mn in 2025, displaying a CAGR of 5.3% during the period of assessment 2017-2025.By operation, the mechanical segment is expected to reach a valuation of nearly US$ 460 Mn in 2025, exhibiting a CAGR of 4.7% during the period of forecast.By capacity, the below 20 tons segment was estimated to be valued at nearly US$ 75 Mn in 2017 and is likely to reach a valuation of nearly US$ 110 Mn in 2025.By sales channel, the OEM segment is anticipated to exhibit a CAGR of 5.3% during the period of forecast.By region, the Asia Pacific fifth wheel coupling market was estimated to be valued at nearly US$ 181 Mn in 2017 and is anticipated to reach a valuation of US$ 310 Mn in 2025.
Request to Sample of Report@ https://www.persistencemarketresearch.com/samples/21736
In this report, some of the key players functioning in the global fifth wheel coupling market have been profiled, which include players such as SAF-Holland S.A, JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd, Fontaine Fifth Wheel, Tulga Fifth Wheel Co., RSB Group, Hunger Hydraulics Group, ACCL (PL Haulwel Trailers), TITGEMEYER Group, FOSHAN YONGLITAI AXLE CO.,LTD., Xiamen Wondee Autoparts Co., Ltd., Shandong Fuhua Axle Co., Ltd. and Land Transport Equipment Co.,Ltd.
About Us
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.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Fifth Wheel Coupling Market to touch a valuation of nearly US$ 700 Mn in 2025 here
News-ID: 990245 • Views: …
More Releases from Persistence Market Research
Lactic Acid and Poly Lactic Acid Market Projected to Reach US$10.4 Bn by 2032 wi …
➤Overview of the Market
The global lactic acid and poly lactic acid (PLA) market is witnessing dynamic growth as industries pivot toward sustainable and bio-based solutions. Lactic acid, a naturally occurring organic acid, serves as a key building block for PLA, an environmentally friendly thermoplastic with a wide range of applications. Industries such as packaging, agriculture, textiles, and biomedical devices are increasingly adopting PLA due to its biodegradability, lower carbon footprint,…
Fulvic Acid Market to Reach US$1.8 Bn by 2032 on Back of Sustainable Agriculture …
➤ Overview of the Market
The fulvic acid market has been steadily gaining traction as industries increasingly recognize its multifaceted benefits in agriculture, dietary supplements, and environmental applications. Fulvic acid, a natural compound derived from humic substances, enhances nutrient absorption, improves soil fertility, and supports plant growth. In health and wellness, it is valued for its antioxidant, anti-inflammatory, and detoxifying properties. According to the latest study by Persistence Market Research, the…
Zika Virus Testing Market Growth Accelerates with Diagnostic Advancements, Notes …
The Zika virus testing market has grown into a crucial segment of global healthcare due to the unpredictable nature of mosquito-borne outbreaks and the virus's severe implications, particularly for maternal and fetal health. According to Persistence Market Research, the global Zika virus testing market size is projected to be valued at US$ 5.1 million in 2025 and is estimated to reach US$ 6.9 million by 2032, expanding at a CAGR…
APAC Gas Pressure Regulators Market, Strategic Insights, Key Players, and Region …
Market Overview
The APAC gas pressure regulators market has witnessed significant growth over recent years, fueled by rising industrialization, expanding energy infrastructure, and growing demand for safe and efficient gas distribution systems. Gas pressure regulators play a critical role in controlling and stabilizing gas flow and pressure across industrial, commercial, and residential applications, ensuring operational safety and efficiency. According to recent market estimates, the APAC gas pressure regulators market was valued…
More Releases for Wheel
Agricultural Tractors Market : 2 Wheel Drive, 4 Wheel Drive 2021-2031 | AMR
The global agricultural tractors market was valued at $59.1 billion in 2021, and is projected to reach $97.8 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Asia-Pacific is expected to dominate the market, in terms of revenue, followed by Europe, North America, and LAMEA. Increase in agricultural and industrial activities and government support for the agriculture industry in Asia-Pacific propels growth of the agricultural tractors market…
Agricultural Tractors Market : 2 Wheel Drive, 4 Wheel Drive 2021-2031
The agricultural tractors market was valued at $59.1 billion in 2021, and is estimated to reach $97.8 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Asia-Pacific is expected to dominate the market, in terms of revenue, followed by Europe, North America, and LAMEA. Increase in agricultural and industrial activities and government support for the agriculture industry in Asia-Pacific propels growth of the agricultural tractors market in…
Rail Wheel And Axle Industry Forecast to 2028 Global Market Analysis by Wheel Ty …
A rail wheel and axle is a type of wheel and axel that is specially designed for railways. Growing technological advancements in train networks and trains are compelling train manufacturers to invest heavy sums in R&D for the manufacturing of light materials for wheels and axles for passenger trains, freight trains, and short-distance trains. Rise in the production of locomotives in developing and developed countries are the major driving factor…
Automotive Products |Floating wheel cap and LED Floating Wheel Caps Manufacturer
Bosswellkorea, Inc. was founded in 2014 and is specializing in the development of automotive products, LED lighting floating wheel cap and LED lighting emblem, LED lighting signboard. LED floating wheel cap patent introduction (Korea, USA, Japan, China), Floating wheel cap patent (September 2020). Janine, Spain, introduces NSV in Dubai, floating wheel cap to the world Reliability Test Pass Test Report
A floating wheel cap is a product that fits in the…
Section From Wheel Aligner Market Report 2019 Companies included 3D Wheel Aligne …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the…
Section From Wheel Aligner Market Report 2018 Companies included 3D Wheel Aligne …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
