Global Trailer Coupler Market Overview:
A trailer coupler is a mechanical device that attaches a trailer to the hitch of the tow vehicle. Trailer couplers come in many different shapes, but all work by holding around the hitch ball. Some couplers using a hand wheel to tighten the clamp to the ball; another common arrangement is a lever or clasp to lock the coupler. Heavy-duty safety latches are designed to avoid accidental uncoupling. Trailer tongue shape determines the type of coupler that one need. Couplers are subject to a huge amount of wear-and-tear. They are called into action every single time while connecting and disconnecting the trailer from the tow vehicle.
Growth Drivers
- Increasing Demand for Commercial Vehicles for Logistics
- Growing Activities such as Transportation and Logistics will Positively Affect the Trailer Coupler Market
Roadblocks
- It is More Expensive and That If the Ball Mount Installation Accumulates a Load of Dirt, It Can Make Difficult Because the Surfaces Have to Be Cleaned Off
Opportunities
- The Rising Demand for Automotive Trailer will Rise the demand for Trailer Couplers
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are VBG Coupling Systems (Sweden), Molex (United States), Horizon Global Corporation (United States), CURT Manufacturing LLC (United States), Suncor Stainless, Inc. (United States), Uriah Products (United States), Samtec (United States), Amphenol (United States), Horizon Global (United States) and Rexnord (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Trailer Coupler market by 2026. Considering Market by Latching Mechanisms, the sub-segment i.e. Trigger will boost the Trailer Coupler market. Considering Market by Capacity, the sub-segment i.e. Upto 1000 lbs. will boost the Trailer Coupler market. Considering Market by Coupler Size, the sub-segment i.e. 2 5/16" Ball Coupler will boost the Trailer Coupler market.
What Can be Explored with the Trailer Coupler Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Trailer Coupler Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Trailer Coupler
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Trailer Coupler 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 in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Trailer Coupler market.
In order to make priority list sorting is done based on revenue generated based on 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 of Trailer Coupler, Suppliers of Trailer Coupler, Wholesalers, Distributors and Retailers of Trailer Coupler, Automotive Industry and Governmental Bodies.
This helps us to gather the data related to 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 includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.