Market Overview:
The global truck and trailer landing gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial vehicles, especially trucks and trailers, across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The truck and trailer landing gear market can be segmented on the basis of type into manual landing gear and automatic landing gear. The automatic landing gear segment is expected to grow at a higher CAGR than that of manual landing gear during the forecast period from 2018 to 2030. This can be attributed to its advantages such as easy operation, low maintenance cost, etc.
Product Definition:
A landing gear is a device that supports an aircraft on the ground and allows it to taxi, takeoff, and land. Landing gear typically includes one or more wheels, skids, or a combination of both. Truck and Trailer Landing Gear is an important part of an aircraft as it helps support the weight of the plane while on the ground.
Manual Landing Gear:
Manual landing gear is a type of aircraft landing gear that uses mechanical systems or manually operated hydraulic systems to deploy and lower the main wheels. The deployment and retraction of the main wheels is achieved through engine power, manual operation or by using electromagnetic brakes. There are two types of manual landings gears, namely retractable and non-retractable.
Automatic Landing Gear:
Automatic landing gear is a safety feature incorporated in aircraft to reduce the impact of landings and take-offs. It consists of two components, namely, an air bag and a lever. The lever is actuated by foot or hand pressure applied to it; when the airbag is inflated by compressed nitrogen gas, the weight of the aircraft compresses the springs that deploy the landing gear.
Application Insights:
The truck application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for heavy-duty trucks, which are primarily used for transporting goods across long distances. Furthermore, increasing penetration of e-commerce has resulted in a rise in product demand from vendors across the world.
The trailer application segment is expected to witness significant growth over the forecast period owing to its increased utilization for commercial purposes, such as transportation of goods and materials within industries or between different warehouses and storage facilities. Moreover, growing use of lightweight trailers has resulted in lower overall weight on wheels; this improves fuel efficiency and reduces CO2 emissions per kilometer traveled compared with conventional vehicles traveling at similar speeds on roadways or highways.
Regional Analysis:
The North American market is anticipated to dominate the global industry over the forecast period. This growth can be attributed to increasing demand for heavy-duty trucks and trailers in countries, such as Canada and Mexico. The presence of key landing gear manufacturers, such as Goodrich Corporation; ZF Friedrichshafen AG; Autoliv, Inc.; Air Lift Technologies Inc.; and Federal-Mogul in the region is also expected to boost revenue generation from 2018 to 2030.
Asia Pacific is projected to emerge as a lucrative regional market during the same period owing to rapid industrialization along with growing emphasis on infrastructure development in emerging economies including China and India. In addition, rising disposable income coupled with increased consumer spending on luxury vehicles will drive product demand over the next eight years.
Growth Factors:
- Increasing demand for commercial vehicles: The global demand for commercial vehicles is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in the demand for truck and trailer landing gear systems.
- Technological advancements: The truck and trailer landing gear market is witnessing rapid technological advancements, with new products being launched regularly. This is helping manufacturers to offer better products and gain a larger share of the market.
- Rising disposable income: With rising disposable incomes, consumers are increasingly opting for premium trucks and trailers that come equipped with advanced landing gear systems. This is providing a major boost to the growth of the truck and trailer landing gear market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck and Trailer Landing Gear Market Research Report
By Type
Manual Landing Gear, Automatic Landing Gear
By Application
Truck, Trailer
By Companies
BPW, Guangdong Fuwa Engineering Group Co. Ltd., haacon hebetechnik GmbH, JOST Werke AG, SAF-HOLLAND GmbH
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Truck and Trailer Landing Gear Market Report Segments:
The global Truck and Trailer Landing Gear market is segmented on the basis of:
Types
Manual Landing Gear, Automatic Landing Gear
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
Truck, Trailer
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:
- BPW
- Guangdong Fuwa Engineering Group Co. Ltd.
- haacon hebetechnik GmbH
- JOST Werke AG
- SAF-HOLLAND GmbH
Highlights of The Truck and 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:
- Manual Landing Gear
- Automatic Landing Gear
- By Application:
- Truck
- Trailer
- 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 and 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
- Business Expansion Strategies
- 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 and trailer landing gear is a system that helps to stabilize a truck or trailer when it's on the ground. It includes four large, metal legs that extend from the bottom of the truck or trailer. These legs help to keep the vehicle stable as it rests on its tires.
Some of the key players operating in the truck and trailer landing gear market are BPW, Guangdong Fuwa Engineering Group Co. Ltd., haacon hebetechnik GmbH, JOST Werke AG, SAF-HOLLAND GmbH.
The truck and trailer landing gear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Truck and Trailer Landing Gear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Truck and Trailer Landing Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Truck and Trailer Landing Gear Market - Supply Chain
4.5. Global Truck and Trailer Landing Gear Market Forecast
4.5.1. Truck and Trailer Landing Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Truck and Trailer Landing Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Truck and Trailer Landing Gear Market Absolute $ Opportunity
5. Global Truck and Trailer Landing Gear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
5.3.1. Manual Landing Gear
5.3.2. Automatic Landing Gear
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Truck and Trailer Landing Gear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
6.3.1. Truck
6.3.2. Trailer
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Truck and Trailer Landing Gear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Truck and Trailer Landing Gear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Truck and Trailer Landing Gear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Truck and Trailer Landing Gear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Truck and Trailer Landing Gear Demand Share Forecast, 2019-2026
9. North America Truck and Trailer Landing Gear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Truck and Trailer Landing Gear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
9.4.1. Truck
9.4.2. Trailer
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
9.7.1. Manual Landing Gear
9.7.2. Automatic Landing Gear
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Truck and Trailer Landing Gear Demand Share Forecast, 2019-2026
10. Latin America Truck and Trailer Landing Gear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Truck and Trailer Landing Gear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
10.4.1. Truck
10.4.2. Trailer
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
10.7.1. Manual Landing Gear
10.7.2. Automatic Landing Gear
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Truck and Trailer Landing Gear Demand Share Forecast, 2019-2026
11. Europe Truck and Trailer Landing Gear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Truck and Trailer Landing Gear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
11.4.1. Truck
11.4.2. Trailer
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
11.7.1. Manual Landing Gear
11.7.2. Automatic Landing Gear
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Truck and Trailer Landing Gear Demand Share, 2019-2026
12. Asia Pacific Truck and Trailer Landing Gear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Truck and Trailer Landing Gear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
12.4.1. Truck
12.4.2. Trailer
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
12.7.1. Manual Landing Gear
12.7.2. Automatic Landing Gear
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Truck and Trailer Landing Gear Demand Share, 2019-2026
13. Middle East & Africa Truck and Trailer Landing Gear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Truck and Trailer Landing Gear Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Truck and Trailer Landing Gear Market Size and Volume Forecast by Application
13.4.1. Truck
13.4.2. Trailer
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Truck and Trailer Landing Gear Market Size and Volume Forecast by Type
13.7.1. Manual Landing Gear
13.7.2. Automatic Landing Gear
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Truck and Trailer Landing Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Truck and Trailer Landing Gear Market: Market Share Analysis
14.2. Truck and Trailer Landing Gear Distributors and Customers
14.3. Truck and Trailer Landing Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BPW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Guangdong Fuwa Engineering Group Co. Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. haacon hebetechnik GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JOST Werke AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SAF-HOLLAND GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
