Market Overview:
The global truck trailer landing gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial vehicles, especially in developing countries such as China and India. Additionally, the increasing demand for aftermarket products is also contributing to the growth of this market. The truck trailer landing gear market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into less than 20000 lbs., 20000 LBS-50000 LBS and more than 50000 LBS segments. The OEM segment is expected to hold a major share in this market owing to rising demand for commercial vehicles across different regions worldwide.
Product Definition:
The landing gear of a truck trailer is the component that supports the weight of the trailer when it is not connected to a truck. This component is typically made up of two or more hydraulic cylinders that extend and retract to raise and lower the trailer. The landing gear ensures that the trailer can be safely moved in and out of areas where there is no level ground, such as docks and loading ramps.
Less Than 20000 LBS:
The less than 20000 lbs. weight category is applicable to both commercial and passenger vehicles. The demand for low-weight trucks is increasing in the market owing to rising fuel prices, stringent emission norms, and safety concerns on account of high load carrying capacity of these vehicles coupled with their ability to carry heavy loads over long distances without any fatigue or breakage.
20000 LBS to 50000 LBS:
20000 LBS to 50000 LBS is used in the Truck Trailer Landing Gear market. 20000 LBS to 50000 LBS conversion factor is applied for determining the load capacity of a trailer or truck with landing gear when it is connected to a freight carrier's rear axle by a chain or cables.
The 20000Lbs To 50000Lbs converter (Meter) represents an important aspect of material handling equipment.
Application Insights:
OEMs such as Foton, M-Rtechnic, and Isuzu are offering various types of landing gear systems for their trucks. For instance, in January 2017, M-Rtechnic launched a new type of trailer landing gear system named MRFlex that can be installed on its medium and heavy-duty trucks. The OEMs have been focusing on providing better quality products to gain a competitive edge in the market.
The aftermarket segment is expected to register the highest CAGR over the forecast period owing to an increase in replacement activities of old equipment with newer models across all industries by companies operating within the logistics industry. Replacement activities require upgraded or new equipment for safer operations; this has led to increased demand from both OEMs and end customers for landing gears suitable for high payload capacities along with improved performance characteristics at reduced costs.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to high demand for heavy-duty trucks and their accessories, such as landing gear systems. Moreover, presence of key players and well-established manufacturing base will also drive growth over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast years on account of rising number of accidents due to poor road infrastructure and growing traffic congestion problems coupled with rapid economic development in this region. This factor is projected to boost product demand during the estimated time frame. Europe accounted for a significant share owing to increasing sales volume aftermarket landing gear products based on OEM specifications mainly throughout Western Europe including Germany, France, Italy, U K.
Growth Factors:
- Increasing demand for truck trailers from the transportation and logistics sector
- Growing popularity of semi-trailers and trailers in developing countries
- Proliferation of e-commerce and rise in online retail sales
- Development of innovative landing gear systems that improve fuel efficiency and safety
- Expansion of global trade, especially in Asia Pacific
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Trailer Landing Gear Market Research Report
By Type
Less Than 20000 LBS, 20000 LBS to 50000 LBS, More than 50000 LBS
By Application
OEM, Aftermarket
By Companies
JOST Werke, SAF-HOLLAND, Guangdong Fuwa Engineering Group, Buttler Products, BPW Bergische Achsen, Haacon Hebetechnik, Zhenjiang Baohua Semi-Trailer Parts, Yangzhou Tongyi Machinery, AXN Heavy Duty, Interstate Trailer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Truck Trailer Landing Gear Market Report Segments:
The global Truck Trailer Landing Gear market is segmented on the basis of:
Types
Less Than 20000 LBS, 20000 LBS to 50000 LBS, More than 50000 LBS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JOST Werke
- SAF-HOLLAND
- Guangdong Fuwa Engineering Group
- Buttler Products
- BPW Bergische Achsen
- Haacon Hebetechnik
- Zhenjiang Baohua Semi-Trailer Parts
- Yangzhou Tongyi Machinery
- AXN Heavy Duty
- Interstate Trailer
Highlights of The Truck Trailer Landing Gear Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 20000 LBS
- 20000 LBS to 50000 LBS
- More than 50000 LBS
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Truck Trailer Landing Gear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Truck trailer landing gear is a system that helps to stabilize and secure a truck trailer when it's being parked or used on the ground. It consists of two sets of landing gear, one at the front and one at the back of the truck trailer. These gears help to keep the truck trailer from bouncing around while it's parked, which can cause damage to its components or even lead to an accident.
Some of the major players in the truck trailer landing gear market are JOST Werke, SAF-HOLLAND, Guangdong Fuwa Engineering Group, Buttler Products, BPW Bergische Achsen, Haacon Hebetechnik, Zhenjiang Baohua Semi-Trailer Parts, Yangzhou Tongyi Machinery, AXN Heavy Duty, Interstate Trailer.
The truck trailer landing gear market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Truck Trailer Landing Gear Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Truck Trailer Landing Gear Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck Trailer Landing Gear Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Truck Trailer Landing Gear Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Truck Trailer Landing Gear Market Size & Forecast, 2020-2028
4.5.1 Truck Trailer Landing Gear Market Size and Y-o-Y Growth
4.5.2 Truck Trailer Landing Gear Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Less Than 20000 LBS
5.2.2 20000 LBS to 50000 LBS
5.2.3 More than 50000 LBS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck Trailer Landing Gear Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Truck Trailer Landing Gear Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Less Than 20000 LBS
9.6.2 20000 LBS to 50000 LBS
9.6.3 More than 50000 LBS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Less Than 20000 LBS
10.6.2 20000 LBS to 50000 LBS
10.6.3 More than 50000 LBS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Less Than 20000 LBS
11.6.2 20000 LBS to 50000 LBS
11.6.3 More than 50000 LBS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Less Than 20000 LBS
12.6.2 20000 LBS to 50000 LBS
12.6.3 More than 50000 LBS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Less Than 20000 LBS
13.6.2 20000 LBS to 50000 LBS
13.6.3 More than 50000 LBS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Truck Trailer Landing Gear Market: Competitive Dashboard
14.2 Global Truck Trailer Landing Gear Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JOST Werke
14.3.2 SAF-HOLLAND
14.3.3 Guangdong Fuwa Engineering Group
14.3.4 Buttler Products
14.3.5 BPW Bergische Achsen
14.3.6 Haacon Hebetechnik
14.3.7 Zhenjiang Baohua Semi-Trailer Parts
14.3.8 Yangzhou Tongyi Machinery
14.3.9 AXN Heavy Duty
14.3.10 Interstate Trailer
