Industry Background:
The trailer terminal tractor is a semi-tractor, which is used to move semi-trailers within a cargo yard, warehouse facility or intermodal facility. It has a single person cab, short wheelbase and low power diesel or alternative fuel engine. It is easy to maintain and has a low operating cost. It fulfills the demands of the specific working environment.
This growth is primarily driven by Fast Turnaround Time of the Terminal Tractors and Demand from Logistic Handling Companies.
Globally, a noticeable market trend is evident Demand for Electric Trailer Terminal Tractor. The Automobiles sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Autocar, LLC (United States), Cargotec (Kalmar) (Finland), Capacity Trucks (United States), Terberg Group (Netherlands), Hoist Liftruck Manufacturing, LLC (United States), Konecranes (Finland), MAFI Transport Systeme GmbH (Germany), MOL CY (Belgium), Orange EV (United States) and Sinotruk (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 02th May 2018, Kalmar, a part of Cargotec, introduced fully electric Kalmar Ottawa T2 Terminal Tractor to help customers cut emission and improve productivity. It is designed for trailer-handling operations in dispersed warehouses, container terminals and other applications where short-distance highway travel is required.
Market Drivers
- Fast Turnaround Time of the Terminal Tractors
- Demand from Logistic Handling Companies
Market Trend
- Demand for Electric Trailer Terminal Tractor
Restraints
- High Cost of the trailer terminal tractors
Opportunities
Growing Demand from Various Industries and Few Manufacturers Are Developing Electric Trailer Terminal Tractor
Challenges
Lack of Skilled Operators
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions 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 showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Trailer Terminal Tractor Study Sheds Light on
The Trailer Terminal Tractor Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Trailer Terminal Tractor industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Trailer Terminal Tractor industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.