Market Overview:
The global yard trucks 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 electric yard trucks, rising adoption of warehouse automation, and growing intermodal transportation. The diesel-powered yard truck segment is expected to dominate the market during the forecast period, owing to its low cost and high efficiency as compared to electric-powered yard trucks. However, with an increase in environmental awareness and stringent emission regulations across regions, electric-powered yard trucks are expected to witness higher growth rates over the forecast period. In terms of applications, warehouses are estimated to account for a majority share of the global Yard Trucks Market in 2018.
Product Definition:
A Yard Truck is a piece of construction equipment used for moving objects around a construction site. It has a lifting mechanism on the front that can be raised and lowered, allowing it to move heavy objects from one place to another.
Diesel:
Diesel is a fossil fuel-based liquid that is produced when organic materials are processed at high temperatures. It can be used as an alternative for petrol and gasoil in most of the vehicles currently existing on the roads. Diesel has been considered as one of the cleanest fuels, however recent studies have shown that it may cause more air pollution than petrol or gasoil based on current emission standards.
Electric:
Electric and it's usage in yard trucks market is a new term that came into existence only after the invention of electric truck. The traditional diesel-powered backhoe had limited application scope as they were designed for use on construction sites, where there was already an existing power supply.
Application Insights:
The distribution centers segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing demand for prompt, cost-efficient, and reliable logistics services across the globe. The need for speed in distribution centers has increased with a rise in consumerism and commercial activities on account of quick turnaround times required by customers. As per a study conducted by UPS, it is estimated that companies lose around USD 40 million each year due to slow delivery owing to inadequate supply chain management practices. Thus, there is an increasing need among businesses for effective logistics solutions which can reduce supply chain costs and lead to greater efficiency across all operations including warehousing & storage as well as transportation & delivery within a given timeframe at minimal additional cost or effort while maintaining high standards of quality control throughout the entire process from order placement through till final delivery at customer¢â‚¬â„¢s doorsteps.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising disposable income of consumers and improved standard of living. China, India, Japan, South Korea are some prominent markets in Asia Pacific that have witnessed significant growth over the past few years owing to various factors such as low cost structure, high population density along with rapid urbanization & industrialization.
The demand for trucks is growing rapidly in developing countries such as Brazil and Russia due to rising e-commerce activities supported by improving internet connectivity. Furthermore, government initiatives encouraging commercial vehicles underfueled efficiency standards are estimated to boost regional product demand over the forecast period.
Growth Factors:
- Increasing demand for yard trucks from the automotive and manufacturing industries due to the growth of these sectors.
- The increasing use of yard trucks in warehouses and distribution centers for material handling purposes.
- Growing demand for electric yard trucks from municipalities and other government organizations due to environmental concerns over emissions from diesel-powered vehicles.
- The increasing popularity of Yard Trucks as a replacement for forklifts in many material handling applications, resulting in increased demand for these vehicles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Yard Trucks Market Research Report
By Type
Diesel, Electric
By Application
Warehouse, Distribution Centres, Intermodal, Ports, Rail Terminals
By Companies
Kalmar, Terberg, MOL CY, Capacity Trucks, AUTOCAR, MAFI, TICO Tractors, Faw Jiefang Automotive, Sinotruk, Hualing Xingma Automobile, Dongfeng Trucks, Saic-iveco Hongyan Commercial Vehicle, C&C Trucks
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Yard Trucks Market Report Segments:
The global Yard Trucks market is segmented on the basis of:
Types
Diesel, Electric
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
Warehouse, Distribution Centres, Intermodal, Ports, Rail Terminals
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:
- Kalmar
- Terberg
- MOL CY
- Capacity Trucks
- AUTOCAR
- MAFI
- TICO Tractors
- Faw Jiefang Automotive
- Sinotruk
- Hualing Xingma Automobile
- Dongfeng Trucks
- Saic-iveco Hongyan Commercial Vehicle
- C&C Trucks
Highlights of The Yard Trucks 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:
- Diesel
- Electric
- By Application:
- Warehouse
- Distribution Centres
- Intermodal
- Ports
- Rail Terminals
- 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 Yard Trucks 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?
Yard trucks are large, heavy-duty vehicles used to move large items around a yard or property. They can be equipped with a variety of tools and equipment to make the job easier, including front-end loaders, rear-end loaders, and dump trucks.
Some of the major companies in the yard trucks market are Kalmar, Terberg, MOL CY, Capacity Trucks, AUTOCAR, MAFI, TICO Tractors, Faw Jiefang Automotive, Sinotruk, Hualing Xingma Automobile, Dongfeng Trucks, Saic-iveco Hongyan Commercial Vehicle, C&C Trucks.
The yard trucks market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Yard Trucks 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. Yard Trucks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yard Trucks Market - Supply Chain
4.5. Global Yard Trucks Market Forecast
4.5.1. Yard Trucks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yard Trucks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Yard Trucks Market Absolute $ Opportunity
5. Global Yard Trucks 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. Yard Trucks Market Size and Volume Forecast by Type
5.3.1. Diesel
5.3.2. Electric
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Yard Trucks 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. Yard Trucks Market Size and Volume Forecast by Application
6.3.1. Warehouse
6.3.2. Distribution Centres
6.3.3. Intermodal
6.3.4. Ports
6.3.5. Rail Terminals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Yard Trucks 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. Yard Trucks 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 Yard Trucks 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. Yard Trucks 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 Yard Trucks Demand Share Forecast, 2019-2026
9. North America Yard Trucks 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 Yard Trucks 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 Yard Trucks Market Size and Volume Forecast by Application
9.4.1. Warehouse
9.4.2. Distribution Centres
9.4.3. Intermodal
9.4.4. Ports
9.4.5. Rail Terminals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Yard Trucks Market Size and Volume Forecast by Type
9.7.1. Diesel
9.7.2. Electric
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 Yard Trucks Demand Share Forecast, 2019-2026
10. Latin America Yard Trucks 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 Yard Trucks 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 Yard Trucks Market Size and Volume Forecast by Application
10.4.1. Warehouse
10.4.2. Distribution Centres
10.4.3. Intermodal
10.4.4. Ports
10.4.5. Rail Terminals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Yard Trucks Market Size and Volume Forecast by Type
10.7.1. Diesel
10.7.2. Electric
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 Yard Trucks Demand Share Forecast, 2019-2026
11. Europe Yard Trucks 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 Yard Trucks 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 Yard Trucks Market Size and Volume Forecast by Application
11.4.1. Warehouse
11.4.2. Distribution Centres
11.4.3. Intermodal
11.4.4. Ports
11.4.5. Rail Terminals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Yard Trucks Market Size and Volume Forecast by Type
11.7.1. Diesel
11.7.2. Electric
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 Yard Trucks Demand Share, 2019-2026
12. Asia Pacific Yard Trucks 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 Yard Trucks 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 Yard Trucks Market Size and Volume Forecast by Application
12.4.1. Warehouse
12.4.2. Distribution Centres
12.4.3. Intermodal
12.4.4. Ports
12.4.5. Rail Terminals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Yard Trucks Market Size and Volume Forecast by Type
12.7.1. Diesel
12.7.2. Electric
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 Yard Trucks Demand Share, 2019-2026
13. Middle East & Africa Yard Trucks 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 Yard Trucks 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 Yard Trucks Market Size and Volume Forecast by Application
13.4.1. Warehouse
13.4.2. Distribution Centres
13.4.3. Intermodal
13.4.4. Ports
13.4.5. Rail Terminals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Yard Trucks Market Size and Volume Forecast by Type
13.7.1. Diesel
13.7.2. Electric
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 Yard Trucks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Yard Trucks Market: Market Share Analysis
14.2. Yard Trucks Distributors and Customers
14.3. Yard Trucks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kalmar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Terberg
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MOL CY
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Capacity Trucks
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AUTOCAR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MAFI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TICO Tractors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Faw Jiefang Automotive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sinotruk
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hualing Xingma Automobile
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dongfeng Trucks
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Saic-iveco Hongyan Commercial Vehicle
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. C&C Trucks
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
