Market Overview:
Automated Terminal Tractors are fully automated machines that seamlessly transport containers between the quayside and stack. Automated Terminal tractors are primarily used in port warehouses and terminals to transport forty or twenty-foot equivalent units (TEU). These tractors, also known as shunt trucks, yard trucks, or spotting trucks, have seen a significant increase in sales in recent years. They are mostly powered by diesel. The demand for electric terminal tractors has also been observed to have increased recently, and this trend is expected to continue as battery prices fall.
. Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Kalmar (Finland), AUTOCAR, LLC (United States), Gaussin (France), REV GROUP, Inc. (United States), Royal Terberg Group (Netherland), Capacity Trucks (United States), MAFI Transport-Systeme GmbH (Germany), Mack Trucks (United States) and TICO Tractors (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Automated Terminal Tractor Market Study:
Kalmar (Finland), AUTOCAR, LLC (United States), Gaussin (France), REV GROUP, Inc. (United States), Royal Terberg Group (Netherland), Capacity Trucks (United States), MAFI Transport-Systeme GmbH (Germany), Mack Trucks (United States) and TICO Tractors (United States)
Automated Terminal Tractor Market Segment Analysis
Scope | Sub-Segments |
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Capacity | Less Than 50 Tons,50 To 100 Tons,More than 100 Tons |
End-Use | Airport,Marine,Oil & Gas,Warehouse & Logistics,Others |
Fuel Type | Diesel,BEV,FCEV |
Automated Terminal Tractor Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Demand from Logistic Handling Companies Propel the Market Growth
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Influencing Trends | - Adoption of Electric Terminal Tractor in Warehouse Management
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Restraints | - High Manufacturing Costs may hamper the Growth
- Negative Impact of the Pandemic on the overall Automobile Sector
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Road Blocks / Challenges | - Complexity in the Automated Terminal Tractor
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Gaps & Opportunities | - Increasing Research and Developments Coupled with Technological Advancements in Automated Terminal Tractor
- Growing Demand from Various Industries
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. The Global Automated Terminal Tractor market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In June 2022- Terberg and Aidrivere signed a memorandum of understanding (MOU) to collaborate on the deployment of a safe, scalable, and forward-compatible autonomous terminal tractor solution for port terminals.
In July 2021- Terberg and EasyMile partnered to launch Autonomous Terminal Tractor for Real-Life Test. An autonomous electric tractor left the workshop in Benschop, for further development in France by EasyMile, a specialist in driverless technology.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automated Terminal Tractor market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Automated Terminal Tractor market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.