Pulished Date October, 2019
ID: 8770
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Global Terminal Tractor Market Segmented by Product Type, by Fuel Type (Diesel, Electric), by Application (Marine, Airport, Oil & Gas, Warehouse organisation & Distribution (Logistics)) by Industry (Food & Beverages, Inland & Marine services, Rail Logistics), Regional analysis- Global Industry Analysis, Forecast, Trends and Market Size.

Pulished: October, 2019
ID: 8770
Pages: 175

Product Description:

Terminal tractors are workhorses that assist port terminals and distribution/warehouse regions. They must work back and forth in all directions and are deemed very versatile in the short-range surroundings in which they work. Their mission-specific function of keeping freight moving continuously over short distances is becoming more and more useful. Terminal tractors are also at the forefront of the all-electric transition of heavy-duty vehicles.

Market Overview:

Terminal Tractor Market is expected to reach 832 million USD by 2024, which is a significant increase from 603 million USD in 2018. Apart from technological developments, the growth in sea-based trade is expected to move the market forward. 

Recent Developments in Terminal Tractor Market:

  • In 2019, Kalmar is expected to deliver a total of 16 terminal tractors to its long-term client, Container Terminal Saint-Petersburg CJSC (CTSP, part of UCL Holding). The order was booked at Cargotec's during the 1st Quarter of 2019 order intake, with the delivery of the devices to be carried out during the 3rd Quarter of 2019.
  • In 2019, Volvo introduced its electric terminal tractor to keep up with the market trend and requirements. From these recent developments, it's very evident that all these huge companies are walking in the path of innovation.

Market Growth:

The Terminal Tractor market was estimated at USD 603 million in 2019 and is expected to expand at CAGR 4.1 % to reach USD 832 million by 2024. An increasing innovation fuels the growth of the Terminal Tractor market around the world. 

Drivers and Restraints of Terminal Tractor Market:

Drivers:

  • Huge revenue has been generated in the industry in the last few years. Several companies are investing their income into R&D. As a result, there is a consistent competition in the global market, thrusting the demand for terminal tractors.  
  • Tremendous automation, especially the automation of ports, is the current trend in the industry. This opened up a huge window for Terminal Tractor Market to keep it rolling. 
  • The increase in usage of terminal tractors in the regions of the Asia Pacific and the Middle East will drive the market. 

Restraints:

  • The market is highly crowded with huge corporates, and it's hard for a new company to attract customers.

Market Segmentation:

By Fuel Type:

Based on Fuel Type, the Terminal Tractor Market is segmented into, Diesel and Electric Terminal Tractor. Out of these, the diesel-based terminal tractor is anticipated to hold the largest market share in 2019 owing to the adequate power supply, low fuel expenses, and inadequate/insufficient electrical facilities at small and medium terminals. Studies show that almost 90% of terminal tractors in Europe and North America are based on diesel engines. In Asian countries, diesel-based terminal tractors have a share of more than 90%. Furthermore, the strict emission regulations for NOx, PM, and CO2 by the US EPA and the European Union have led equipment companies to offer low-emission fuel-efficient devices. So many companies are investing in the development of fuel-efficient terminal tractors.

By Application: 

By Application, the Terminal Tractor market is segmented into, Marine, Airport, Oil & Gas, Warehouse organization & Distribution (Logistics). Of these, Logistics holds the largest market share, owing to the automation of ports all across the world. These tractors are capable of collecting, putting and stacking containers automatically, leading to enhanced productivity and throughput of containers. Few port terminals such as Thamesport (UK), PSA (Singapore) and Container Terminal Altenwerder (Germany) have improved their automation rates by using these automated terminal tractors and other port machinery. Thus, the increasing demand for high reliability and effectiveness greenfield port terminals would drive the terminal tractor market in the coming years.

Terminal Tractor Market Region-wise analysis:

Marked Segmentation Based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America and Middle East Africa
    1. Brazil

The European region is anticipated to lead the terminal tractors market in terms of value during the forecast period. Countries such as Germany, France, the United Kingdom, and Spain are important markets for terminal tractors. As for the Port Equipment Manufacturing Association (PEMA), deliveries of terminal tractors in Europe were the highest in 2017 compared to other regions. Marine operations in Europe have long been driving economic growth, offering natural resources and access to trade and transport, recreation possibilities, etc. Even today, maritime operations stay vital to the economy and society and are anticipated to continue as drivers of the terminal tractor market.

Key Players of Terminal Tractor Market:

  1. Kalmar (Finland)
  2.  Volvo, Konecranes (Finland)
  3.  Hyster (US), Sany (China)
  4.  CVS Ferrari (Italy)
  5.  Hoist Lift ruck (US)

 These leading companies implemented many strategies in 2018 to withstand huge market competition.

Global Terminal Tractor Market Research Report Key Highlights:

  1. Evaluation of the current stage of market and future implications of the market based on the detailed observation of Recent key developments.
  2. Address the matter by better understanding the market size estimates through CAGR analysis to forecast the future market.
  3. Comprehensive segmentation of the market, a detailed evaluation of the market by further sub-segments.
  4. Address Market Drivers, Restraints and providing insights for gaining market share.
  5. Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is a result of a competitive environment.

1. Introduction                                

               1.1 Market Definition                    

               1.2 Study Deliverables                  

               1.3 Base Currency, Base Year and Forecast Periods                          

               1.4 General Study Assumptions                 

2. Research Methodology                                          

               2.1 Introduction                             

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design                        

               2.4 Study Timeline                         

3. Overview                                     

               3.1 Executive Summary                

               3.2 Key Inferences                         

               3.3 Epidemiology                            

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

               4.1 Market Drivers                         

               4.2 Market Restraints                   

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market               

5. Market Segmentation                                            

               5.1 Industry                      

                              5.1.1 Introduction           

                              5.1.2 Food &Beverages 

                              5.1.3 Inland &Marine Services    

                              5.1.4 Rail Logistics          

                              5.1.5  Y-o-Y Growth Analysis, By Product              

                              5.1.6  Market Attractiveness Analysis, By Product             

                              5.1.7  Market Share Analysis, By Product              

               5.2 Application                 

                              5.2.1 Introduction           

                              5.2.2 Marine      

                              5.2.3 Airport      

                              5.2.4 Oil & Gas  

                              5.2.5 Logistics   

                              5.2.6 Y-o-Y Growth Analysis, By Type      

                              5.2.7 Market Attractiveness Analysis, By Type    

                              5.2.8 Market Share Analysis, By Type      

               5.3 Fuel Type                    

                              5.3.1 Introduction           

                              5.3.2 Desiel Based          

                              5.3.3 Electric Based        

                              5.3.4 Y-o-Y Growth Analysis, By Application         

                              5.3.5  Market Attractiveness Analysis, By Application      

                              5.3.6  Market Share Analysis, By Application       

6. Geographical Analysis                                            

               6.1 Introduction                             

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                             6.1.3.1 By Geographical Area

                                             6.1.3.2 By Product Type

                                             6.1.3.3 By Application

                                             6.1.3.4 By Industry

                                             6.1.3.5 By Fuel Type

                              6.1.4  Market Attractiveness Analysis      

                                             6.1.4.1 By Geographical Area

                                             6.1.4.2 By Product Type

                                             6.1.4.3 By Application

                                             6.1.4.4 By Industry

                                             6.1.4.5 By Fuel Type

                              6.1.5  Market Share Analysis       

                                             6.1.5.1 By Geographical Area

                                             6.1.5.2 By Product Type

                                             6.1.5.3 By Application

                                             6.1.5.4 By Industry

                                             6.1.5.5 By Fuel Type

               6.2 North America                         

                              6.1.1 Introduction           

                              6.1.2 United States         

                              6.1.3 Canada     

               6.3 Europe                        

                              6.2.1 Introduction           

                              6.2.2 U.K            

                              6.2.3 Spain         

                              6.2.4 Germany  

                              6.2.5 Italy           

                              6.2.6 France      

               6.4 Asia-Pacific                

                              6.3.1 Introduction           

                              6.3.2 China        

                              6.3.3 India         

                              6.3.4 Japan        

                              6.3.5 Australia   

                              6.3.6 South Korea           

               6.5 Latin America                           

                              6.4.1 Introduction           

                              6.4.2 Brazil         

                              6.4.3 Argentina 

                              6.4.4 Mexico     

                              6.4.5 Rest of Latin America          

               6.6 Middle East & Africa              

                              6.5.1 Introduction           

                              6.5.2 Middle-East           

                              6.5.3 Africa        

7. Strategic Analysis                                      

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis                             

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                       

               8.1 Kalmar                        

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2 Volvo                           

               8.3 Hyster                         

               8.4 Sany                             

               8.5 CVS Ferrari                 

               8.6 Hoist Lift ruck                          

9. Competitive Landscape                                         

               9.1 Market share analysis                           

               9.2 Merger and Acquisition Analysis                       

               9.3 Agreements, collaborations and Joint Ventures                          

               9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                          

               a) List of Tables                

               b) List of Figures                             

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of Composite type, by Industry along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Terminal Tractor Market By Region, From 2019-2024 ( USD Billion )
  2. Global Terminal Tractor Market By Fuel Type, From 2019-2024 ( USD Billion )
  3. Global Desiel Based Market By Region, From 2019-2024 ( USD Billion )
  4. Global Electric Based Market By Region, From 2019-2024 ( USD Billion )
  5. Global Terminal Tractor Market By Application, From 2019-2024 ( USD Billion )
  6. Global Marine Market By Region, From 2019-2024 ( USD Billion )
  7. Global Airport Market By Region, From 2019-2024 ( USD Billion )
  8. Global Oil&Gas Market By Region, From 2019-2024 ( USD Billion )
  9. Global Logistics Market By Region, From 2019-2024 ( USD Billion )
  10. Global Terminal Tractor Market By Industry, From 2019-2024 ( USD Billion )
  11. Global Food and Beverages Market By Region, From 2019-2024 ( USD Billion )
  12. Global Inland and Marine Market By Region, From 2019-2024 ( USD Billion )
  13. Global Rail Logistics Market By Region, From 2019-2024 ( USD Billion )

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