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roshankumar7904800 · 23 days ago

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Refrigerated Road Transportation Market

Refrigerated Road Transportation Market Size, Share, Trends: C.H. Robinson Worldwide, Inc. Leads

Integration of IoT and Telematics for Real-Time Temperature Monitoring and Fleet Management

Market Overview:

The global Refrigerated Road Transportation Market is expected to develop at a CAGR of XX% between 2024 and 2031. The market will grow from USD XX billion in 2024 to USD YY billion by 2031. North America now dominates the market, accounting for the vast majority of worldwide sales. Key criteria include rising demand for fresh and frozen foods, stricter food safety and quality requirements, and developments in refrigeration technology.

The refrigerated road transportation market is expanding rapidly, owing to the increasing demand for temperature-controlled logistics in a variety of industries, including food and drinks, pharmaceuticals, and healthcare. Cold chain logistics is becoming more efficient and reliable thanks to technological advancements in refrigeration units, telematics, and route optimisation.

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Market Trends:

The refrigerated road transport business is seeing a substantial increase in the integration of Internet of Things (IoT) and telematics technology. These modern technologies improve the capabilities of refrigerated vehicles, allowing for real-time temperature monitoring, remote diagnostics, and effective fleet management. IoT-enabled sensors can constantly broadcast temperature data, vehicle location, and other important information to central control systems, enabling early identification of anomalies and quick response to potential cold chain breaches. Telematics systems are being used to improve route planning, minimise fuel usage, and increase overall operational efficiency.

For example, AI-powered predictive maintenance algorithms can forecast equipment breakdowns using sensor data, potentially lowering downtime and maintenance costs. The increased desire for transparency and traceability in cold chain logistics, particularly in businesses with severe temperature control requirements such as pharmaceuticals and perishable foods, is driving this trend. Major refrigerated transportation businesses are investing extensively in IoT and telematics capabilities, resulting in a new generation of smart chilled vehicles with improved monitoring, control, and reporting functions.

Market Segmentation:

The Heavy Commercial Vehicles (HCV) segment dominates the refrigerated road transportation industry. These vehicles, which include huge trucks and semi-trailers, have the ability to deliver enormous volumes of temperature-controlled commodities across great distances. HCVs' adaptability and cost-effectiveness for intercity and interstate transportation of perishable goods have resulted in widespread use across a variety of industries.

Recent advances in HCV refrigeration technology have strengthened its market dominance. For example, the introduction of hybrid and electric refrigeration equipment has increased energy efficiency while lowering environmental effects. A study published in the International Journal of Refrigeration found that new-generation electric refrigeration systems for HCVs consume 30% less fuel and emit 25% less CO2 than traditional diesel-powered units.

The food and beverage industry is generating substantial expansion in the HCV refrigerated transportation market. According to a survey from the American Trucking Associations, refrigerated truck tonnage for food goods increased by 18% between 2020 and 2023. The rising demand for frozen and chilled foods, combined with the rise of food retail chains and e-commerce platforms, has had a significant role in the increased use of refrigerated HCV.

Market Key Players:

C.H. Robinson Worldwide, Inc.

United Parcel Service, Inc. (UPS)

FedEx Corporation

Ryder System, Inc.

KLLM Transport Services, LLC

Americold Logistics, LLC

Contact Us:

Name: Hari Krishna

Email us: [email protected]

Website: https://aurorawaveintellects.com/

#market research #market insights #market trends

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prabhugikwad1987 · 1 month ago

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mastergarryblogs · 2 months ago

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123567-9qaaq9 · 3 months ago

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Informative Report on Terminal Tractor | Bis Research

A terminal tractor, also known as a yard truck, yard goat, or shunt truck, is a specialized vehicle designed primarily for moving semi-trailers or container chassis within a confined area, such as a port, distribution center, warehouse yard, or freight terminal.

The global terminal tractor market was valued at $2,100.0 million in 2021 and is expected to reach $12,159.6 million by 2031, growing at a CAGR of 19.2% between 2022 and 2031.

Terminal Tractor Overview

Terminal tractors are designed with unique features tailored to their operational environment. They typically have a short wheelbase for enhanced maneuverability, a single rear axle, and a raised cab that provides the operator with superior visibility for easy trailer coupling. Many are equipped with an automated fifth-wheel system that can lift trailers without needing landing gear adjustments, improving speed and safety.

Download our Report to know more

Applications for Terminal Tractors

The primary applications includes

Ports and Container Terminals

Distribution Centres and Warehouses

Manufacturing Plants

Retail and e-commerce hubs

Visit our sample page click here !

Market Segmentation

By Application

By Type

By Tonnage

By Propulsion

By Battery Chemistry

By Region

Demand Drivers

Increasing demand for efficient logistics and port operations.

Essential for handling high volumes for goods enhancing operational efficiency.

Stringent environmental regulations

Push for sustainability

Key Players

Kalmar Corporation

Terberg Special Vehicles

Capacity Trucks

MAFI Transport-Systeme GmbH

TICO Tractors

Conclusion

In conclusion, terminal tractors play a vital role in streamlining trailer movement and logistics operations across various industries, including ports, distribution centers, and manufacturing facilities. Their specialized design, including features such as maneuverability, superior visibility, and automated systems, makes them indispensable for short-distance trailer transport and frequent coupling tasks.

#Terminal Tractor Market

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shubhampawrainfinium · 3 months ago

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Driving Efficiency: Why Terminal Tractors Are Essential for Logistics

The global terminal tractor market is poised for steady growth, projected to expand at a CAGR of approximately 5% during the forecast period of 2022 to 2028. The market was valued at around USD 750 million in 2022 and is anticipated to reach nearly USD 1 billion by 2028. This growth is driven by the increasing demand for efficient cargo handling and logistics operations at ports, distribution centers, and warehouses.

What Are Terminal Tractors?

Terminal tractors, also known as yard trucks or shunt trucks, are specialized vehicles designed for the efficient movement of semi-trailers and containers within a terminal or a designated yard. They play a critical role in logistics and transportation by facilitating the loading and unloading of goods from ships, trains, or trucks, thereby optimizing overall operational efficiency.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/29368

Market Dynamics

Several factors are contributing to the growth of the terminal tractor market:

Growing Logistics and E-commerce Industry: The rapid expansion of the logistics sector, fueled by the e-commerce boom, is driving the demand for terminal tractors. With an increasing volume of cargo to be handled efficiently, businesses are investing in specialized equipment to streamline operations.

Port Modernization and Infrastructure Development: As global trade continues to rise, many ports and terminals are undergoing modernization and expansion. This includes upgrading equipment to improve cargo handling efficiency, which in turn is boosting the demand for terminal tractors.

Technological Advancements: The incorporation of advanced technologies, such as automation and telematics, in terminal tractors is enhancing their operational capabilities. Automated terminal tractors are becoming increasingly popular due to their ability to optimize logistics operations, reduce labor costs, and minimize human error.

Focus on Sustainability: There is a growing emphasis on sustainability in logistics operations. Manufacturers are increasingly developing electric and hybrid terminal tractors to reduce emissions and comply with environmental regulations, which is expected to attract environmentally conscious buyers.

Regional Analysis

North America: The terminal tractor market in North America is expected to witness steady growth due to the robust logistics infrastructure and high demand for efficient cargo handling solutions. The U.S. is a significant contributor to the market, with a strong presence of key players and advanced technologies.

Europe: Europe is also a prominent market for terminal tractors, driven by stringent regulations aimed at reducing emissions and promoting sustainable practices. The increasing emphasis on modernizing port facilities is further propelling market growth.

Asia-Pacific: The Asia-Pacific region is anticipated to experience the highest growth rate during the forecast period, primarily due to rapid industrialization, urbanization, and the expansion of logistics and transportation networks in countries like China and India.

Latin America and Middle East & Africa: These regions are gradually adopting terminal tractors, supported by infrastructure development projects and increasing trade activities. However, the market may face challenges due to economic fluctuations and varying regulatory environments.

Competitive Landscape

The terminal tractor market is characterized by the presence of several key players, including:

Kalmar: A leader in terminal tractor manufacturing, Kalmar offers a range of solutions designed to enhance operational efficiency in container handling.

TICO (Terminal Investment Corporation): Known for its innovative terminal tractors, TICO focuses on providing high-performance equipment for ports and intermodal terminals.

Mitsubishi Fuso Truck and Bus Corporation: This company manufactures terminal tractors that are recognized for their reliability and efficiency in cargo handling operations.

Terberg Special Vehicles: Terberg is known for producing versatile terminal tractors that cater to various logistics needs, including intermodal transport.

Linde Material Handling: Linde offers terminal tractors with advanced technology for improved maneuverability and efficiency in handling containers and trailers.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-terminal-tractor-market

Challenges and Opportunities

Despite the growth prospects, the terminal tractor market faces challenges such as high initial costs and maintenance expenses associated with advanced technologies. Additionally, competition from alternative solutions, such as automated guided vehicles (AGVs), may pose a threat to traditional terminal tractor sales.

However, opportunities exist for growth through innovation and the development of electric and automated terminal tractors. As businesses seek to enhance operational efficiency and reduce their carbon footprint, manufacturers that invest in sustainable and technologically advanced solutions will likely gain a competitive edge.

Conclusion

The global terminal tractor market is on a growth trajectory, driven by increasing logistics demands, port modernization efforts, and technological advancements. As the market evolves, stakeholders that focus on innovation, sustainability, and customer-centric solutions will be well-positioned to capitalize on emerging opportunities. With the expected rise in cargo volumes and ongoing infrastructure developments, the terminal tractor market is set for significant growth in the coming years.

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crossdockandstorage · 4 months ago

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Cold Storage and Logistics: Ensuring Product Integrity in the Supply Chain

In today's fast-paced global economy, the importance of efficient and reliable supply chain management cannot be overstated. One crucial aspect of this intricate system is cold storage, a specialized segment of warehousing that plays a vital role in preserving perishable goods. From fresh produce to pharmaceuticals, cold storage facilities are essential in maintaining product quality and safety throughout the distribution process.

The Importance of Cold Storage in Modern Logistics

Cold storage is more than just refrigeration; it's a complex system designed to maintain specific temperature ranges for various products. This technology is critical in industries such as food and beverage, pharmaceuticals, and chemicals, where temperature control can mean the difference between a safe, high-quality product and potentially hazardous goods.

The global cold storage market has been experiencing significant growth, driven by increasing demand for frozen foods, expanding pharmaceutical industries, and the rise of e-commerce in the grocery sector. As consumers demand fresher products with longer shelf lives, the role of cold storage in the supply chain becomes ever more crucial.

Key Benefits of Efficient Cold Storage Systems

Product Quality Preservation: Cold storage facilities maintain optimal temperatures, ensuring that perishable goods retain their freshness, flavor, and nutritional value.

Extended Shelf Life: Proper temperature control can significantly extend the shelf life of products, reducing waste and improving profitability for businesses.

Food Safety: By preventing bacterial growth and spoilage, cold storage plays a crucial role in maintaining food safety standards.

Pharmaceutical Integrity: Many medications and vaccines require strict temperature control to maintain their efficacy, making cold storage essential in the pharmaceutical supply chain.

Seasonal Demand Management: Cold storage allows businesses to stockpile products during peak production periods, ensuring steady supply during off-seasons.

Challenges in Cold Storage Logistics

While cold storage offers numerous benefits, it also presents unique challenges:

Energy Consumption: Maintaining low temperatures requires significant energy, leading to high operational costs and environmental concerns.

Temperature Monitoring: Consistent temperature control is crucial, necessitating advanced monitoring systems and regular maintenance.

Inventory Management: Efficient use of cold storage space requires sophisticated inventory management systems to optimize storage and reduce energy waste.

Transportation: The cold chain must be maintained during transportation, requiring specialized vehicles and careful planning.

Regulatory Compliance: Cold storage facilities must adhere to strict regulations, particularly in the food and pharmaceutical industries.

Innovations in Cold Storage Technology

To address these challenges, the cold storage industry is continuously innovating:

Energy-Efficient Systems: Modern cold storage facilities are incorporating energy-efficient technologies such as LED lighting, improved insulation, and smart temperature control systems.

IoT and AI Integration: Internet of Things (IoT) sensors and Artificial Intelligence (AI) are being used to monitor temperatures, predict maintenance needs, and optimize energy usage.

Automated Storage and Retrieval Systems (AS/RS): These systems maximize space utilization and improve inventory management efficiency.

Green Refrigerants: The industry is moving towards more environmentally friendly refrigerants to reduce its carbon footprint.

The Role of Crossdocking in Cold Storage Logistics

Crossdocking is a logistics practice that complements cold storage by minimizing the time products spend in warehouses. This process involves unloading materials from an incoming semi-trailer truck or railroad car and loading these materials directly into outbound trucks, trailers, or rail cars, with little or no storage in between.

For businesses dealing with perishable goods, combining cold storage with efficient crossdocking services can significantly improve supply chain efficiency. It reduces handling time, decreases the risk of temperature fluctuations, and speeds up the delivery process.

Choosing the Right Cold Storage and Logistics Partner

Selecting the right partner for cold storage and logistics is crucial for businesses dealing with temperature-sensitive products. Companies should look for providers with:

State-of-the-art cold storage facilities

Efficient crossdocking capabilities

Advanced temperature monitoring systems

Expertise in handling various types of perishable goods

Compliance with industry regulations

Flexibility to accommodate seasonal fluctuations

For businesses seeking top-tier cold storage and crossdocking services, we recommend visiting Crossdocks Storage & Logistics Inc. Their comprehensive warehousing solutions, combined with efficient crossdocking services, make them an excellent choice for companies looking to optimize their cold chain logistics.

Conclusion

As global supply chains continue to evolve, the importance of cold storage in ensuring product integrity cannot be overstated. By leveraging advanced technologies, efficient processes like crossdocking, and partnering with experienced logistics providers, businesses can navigate the challenges of cold chain management while meeting the growing demands of consumers for fresh, safe, and high-quality products.

The future of cold storage lies in continued innovation, sustainability, and integration with broader supply chain technologies. As the industry advances, it will play an increasingly vital role in supporting global trade and ensuring the safe delivery of temperature-sensitive goods to consumers worldwide.

#cold storage #3pl services #cross docking services

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businessindustry · 5 months ago

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Track Laying Equipment Market Insights and Trends to 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Track Laying Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Track Laying Equipment Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Track Laying Equipment Market?

The global track laying equipment market size reached US$ 479.8 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 776.8 million in 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.

What are Track Laying Equipment?

Track laying equipment encompasses specialized machinery used for the construction and maintenance of railway tracks. This equipment facilitates tasks such as placing, aligning, and securing railway sleepers (ties) and rails to ensure the track is stable and correctly positioned. Essential types of track laying equipment include rail cranes, track-laying machines, and ballast regulators, which work in coordination to enhance precision and efficiency in railway construction and repairs. These tools are vital for maintaining the safety, performance, and durability of rail networks.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1906

What are the growth prospects and trends in the Track Laying Equipment industry?

The track laying equipment market growth is driven by various factors and trends. The track laying equipment market is experiencing steady growth, driven by the rising demand for efficient and accurate railway construction and maintenance. This growth is supported by advancements in technology that enhance the speed and precision of track installation. Key factors contributing to the market expansion include the development of new rail networks, the upgrading of existing tracks, and the increasing use of automated and high-performance machinery. Additionally, government investments in transportation infrastructure and efforts to improve rail system reliability and safety are further fueling market growth. Hence, all these factors contribute to track laying equipment market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Equipment Type:

Track Laying Machines

Tamping Machines

Ballast Regulators

Ballast Cleaning Machines

Track Renewal Machines

Others

By Application:

New Track Construction

Track Maintenance and Rehabilitation

By End-User:

Railway Infrastructure Companies

Contractors and Construction Companies

Government Organizations

Others

By Track Type:

High-Speed Tracks

Conventional Tracks

Urban Transit Tracks

By Propulsion Type:

Diesel-Powered

Electric-Powered

Hybrid-Powered

By Automation Level:

Manual

Semi-Automated

Fully Automated

By Component:

Engines and Power Systems

Control Systems

Track Laying Attachments

Hoppers and Dumpers

Sensors and Measurement Systems

Others

By Sales Channel:

Direct Sales

Distributors/Dealers

Online Retailers

By Ownership:

Public Ownership

Private Ownership

By Project Type:

Greenfield Projects

Brownfield Projects

By Capacity:

Small (< 5 tons)

Medium (5 - 10 tons)

Large (> 10 tons)

By Mode of Operation:

Self-Propelled

Towed/Trailer-Mounted

By Technology:

GPS and Navigation Systems

Remote Control Systems

Telematics and Data Analytics

By After-Sales Services:

Maintenance and Repair

Spare Parts and Component Supply

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

India

Japan

South Korea

Australia

New Zealand

ASEAN

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

United Arab Emirates

South Africa

Egypt

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Caterpillar Inc.

Komatsu Ltd.

Liebherr Group

Hitachi Construction Machinery Co., Ltd.

Volvo Construction Equipment

CNH Industrial N.V.

Hyundai Construction Equipment Co., Ltd.

JCB Ltd.

Terex Corporation

Doosan Infracore Co., Ltd.

Sany Group Co., Ltd.

XCMG Group

Zoomlion Heavy Industry Science and Technology Co., Ltd.

Atlas Copco AB

View Full Report: https://www.reportsandinsights.com/report/Track Laying Equipment-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: [email protected] Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

#Track Laying Equipment Market share #Track Laying Equipment Market size #Track Laying Equipment Market trends

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vstcorebs · 6 months ago

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top trailer manufacturers in india

VST coreB Trailers, was founded in 2018 by Mr. Sitaram Yadav, Founder Chairman of the VST United Group. VST coreB Trailers is one of the biggest brands of trailers and truck bodies in India. The manufacturing of several Articulated and Rigid categories Trailers, Tipping Trailers, Bulkers, Containers, Tankers etc. began operation in 2019. Click for more knowing truck trailer manufacturers in india

Our headquarters in Kotput, Rajasthan, has a monthly production capacity of 600 trailers. Currently we are producing 450–500 units per month and delivering across India. Providing best quality, our devoted RD team conducts the greatest research possible on product development. Click now top trailer manufacturers in india

We have a production area of more than 4 lac square feet, 720 onsite engineers, and 905 people overall in India. More than 6150 satisfied customers use VST coreB’s B28 and B2C products And services in the Indian market. Read more Side Body Trailer Manufacturers In India

VST CoreB Trailers in one of the biggest brands of trailers and truck bodies in India. With a present Production capacity of 600 trailers per month and more than 6150 happy clients, the company is fairly optimistic about its future growth potential in India and globally. Click now Side Body Trailer Builders In India

To continually follow the highest quality standards. Become India’s first choice company in Trailers Manufacturing. Supply best in-class and quality products to global partners. Provide customized Products to clients that accelerate their enterprise and be their most trust-worthy go-to partner. Click for more knowing trailer manufacturers in india

We are Equipped with epic infrastructure (CNC, Robotic welding and automated machineries with emerging technologies) to design and develop customized vehicles, which can be fabricated for industrial and commercial transport solution. Click now trailer manufacturer

By 2023, we expect to sell and produce across PAN India with additional production facilities in four new states. Click now Cargo Trailer Manufactures in India

VST coreB is ISO 9001:2015 certified company and our designs are approved by international centre for automotive technology (ICAT) authorities. VST coreB is best known for quality and eco friendly brand. Read more Semi lowbed Trailer Builders in India

VST CoreB Trailers in one of the biggest brands of trailers and truck bodies in India. With a present Production capacity of 600 trailers per month and more than 6150 happy clients, the company is fairly optimistic about its future growth potential in India and globally. Click for more knowing Tipping Trailers Manufacturer in India

To continually follow the highest quality standards. Become India’s first choice company in Trailers Manufacturing. Supply best in-class and quality products to global partners. Provide customized Products to clients that accelerate their enterprise and be their most trust-worthy go-to partner. Click now trailer manufacturing companies in india

By 2025, we hope to establish a global business with operations in Asia, the Middle East, and Africa, With a monthly production capacity of 1300–1400 trailers. Quality is a major concern for Indian as Well international transporters, because they are currently implementing a new ecosystem and Prefer to cut operational costs over onetime charges. Read more Box Body Tipper Trailer Fabrication Manufactures

VST coreB to produce high-quality, cutting Edge trailers with all necessary safety features for the Indian, Bangladesh, Nepal, African, and South American markets.

VST CoreB Trailers is one of the biggest brands of trailers and truck bodies in India. With a present production capacity of 600 trailers per month and more than 6150 happy clients.

#top trailer manufacturers in india

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automotivetransportationresearch · 7 months ago

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Air Brake System Market worth $3.4 billion by 2028

According to a research report "Air Brake System Market by Type (Disc & Drum), Component (Compressor, Governor, Tank, Air Dryer, Foot Valve, Brake Chamber, & Slack Adjuster), Rolling Stock, Vehicle Type (Rigid Body, Heavy-Duty, Semi-Trailer, & Bus), Region - Global Forecast to 2028" published by MarketsandMarkets, the global air brake system market is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028 at a CAGR of 2.2% from 2023 to 2028.

Browse 272 market data Tables and 48 Figures spread through 267 Pages and in-depth TOC on "Air Brake System Market by Type (Disc & Drum), Component (Compressor, Governor, Tank, Air Dryer, Foot Valve, Brake Chamber, & Slack Adjuster), Rolling Stock, Vehicle Type (Rigid Body, Heavy-Duty, Semi-Trailer, & Bus), Region - Global Forecast to 2028" The growth in air brake systems is primarily driven due to a rise in heavy commercial vehicle production, driven by technological advancements, safety concerns, and government regulations. For instance, FMVSS 121 (US) or CMVSS 121 (Canada) monitors performance and equipment requirements for braking systems on vehicles equipped with air brake systems. Similarly, air brake regulations are observed under Heavy Vehicle National Law (HVNL) in Australia. Air brakes are preferred in commercial vehicles over hydraulic brakes for their safety features and fail-safe measures.

Download PDF Brochure @

“Heavy-duty truck to be the largest market for air brake systems”

Heavy-duty trucks include class 7 and class 8 trucks in which class 7 weighing approximately 12 to 14 tons, whereas class 8 trucks weighing upto approximately 15 t0 36 tons. According to OICA and MarketsandMarkets analysis, the production of heavy-duty trucks accounted for the maximum of the total truck production for all the regions, including North America, Asia Pacific, Rest of the World, and Europe in 2022 and is expected to dominate during the forecast period. Asia Pacific is the largest market for heavy duty trucks which contributes around ~59% of total heavy duty production at global level. Further, at global level production of heavy duty trucks is around 40% of total commercial vehicle production. Most heavy trucks have air brake systems due to their high load-carrying capacity. The main distinction between the air brake systems for rigid trucks and heavy-duty trucks lies in their load-carrying capacity and number of components. Fleet operators favor heavy-duty trucks for their strong weight-bearing capacity and engine power. The increasing development of economies in Asia and other regions is expected to drive the demand for heavy-duty trucks in the future. As a result, the heavy-duty truck segment is projected to be the largest market for air brake systems in terms of vehicle type.

“Brake chamber is estimated to hold the largest market share in the on-highway air brake system during the forecast period.”

Brake chambers hold the largest market share in global air brake systems for on-highway vehicles. Air brake chambers are metallic containers situated at each wheel, which, when forced by compressed air, convert into mechanical force to stop the commercial vehicle. There are two kinds of air brake chambers, namely, service and spring brake chambers. A service brake chamber contains a flexible rubber disc called a diaphragm, a pushrod metal rod, and a return spring. When the brake pedal is pressed, compressed air fills the service brake chamber causing the brakes to apply.

As the brake chamber is placed at the end of the wheel, the number of axles decides the number of brake chambers in each commercial vehicle. Each axle has two brake chambers in a vehicle. Hence, the number of brake chambers increases with the GVWR of the commercial vehicle. The number of brake chambers in each vehicle may vary with each region, as the average number of axles in each region is different for heavy-duty vehicles and buses. North America and Europe have more multi-axle heavy trucks than Asia Oceania. Hence, the average number of brake chambers in buses in India is four, while in European countries, it is six. Asia Pacific holds the largest market share in the brake chamber market. The demand for brake chambers is related to the number of multi-axle commercial vehicles, as each axle requires two brake chambers. Further, growing commercial vehicle production will also drive the demand for the brake chamber market.

“Europe accounted for the second largest global air brake system market.”

Europe is estimated to be the second-largest market for air brake systems after Asia Pacific. Countries such as France, Germany, UK, and Spain have a higher production of commercial vehicles. The growth of air brake systems in Europe can be attributed to factors such as the growing production of heavy-duty trucks and stringent government regulations related to active safety. As per ACEB, road freight transport is a crucial way of trade and commerce in the European region. Trucks are responsible for >70% of freight transportation over the land in this region. As maximum transportation is conducted through these heavy trucks, it leads to fatal accidents in this region. According to European Union, out of total road fatalities in the EU in 2019, 14% and 2% died due to heavy good vehicle and bus crashes, respectively. Thus, the European Commission has implemented various braking system regulations for heavy commercial vehicles to avoid fatalities from heavy commercial vehicle crashes. For instance, European union mandates to install rollover stability control system in heavy trucks weighing above 3.5 tons.

Further, the inclusion of additional safety-related components to withstand the government braking-related mandates makes the price of the air brake system comparatively higher in Europe than in Asia-Oceania and North America. Additionally, Europe’s disc brake installation rate is the highest due to the shortest stopping braking distance for commercial vehicles. The above factors imply European commercial vehicles’ importance and safety standards. Thus, rising commercial vehicle production and adopting advanced technologies related to air brake systems by OEMs is anticipated to drive the growth of air brake systems in Europe.

Key Market Players

The air brake system market is primarily dominated by globally established players such as Knorr- Bremse AG (Germany),Meritor, Inc. (US), Haldex (Sweden), ZF Friedrichshafen AG (Germany), and Wabtec Corporation (US). These companies consistently develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction across different regions in this air brake system market.

Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=163805421

#Air Brake System Market

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mastergarryblogs · 3 months ago

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123567-9qaaq9 · 3 months ago

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Terminal Tractor Market

A terminal tractor, also known as a yard truck, yard goat, or shunt truck, is a specialized vehicle designed primarily for moving semi-trailers or container chassis within a confined area, such as a port, distribution center, warehouse yard, or freight terminal.

The global terminal tractor market was valued at $2,100.0 million in 2021 and is expected to reach $12,159.6 million by 2031, growing at a CAGR of 19.2% between 2022 and 2031.

Terminal Tractor Overview

Terminal tractors are designed with unique features tailored to their operational environment. They typically have a short wheelbase for enhanced maneuverability, a single rear axle, and a raised cab that provides the operator with superior visibility for easy trailer coupling. Many are equipped with an automated fifth-wheel system that can lift trailers without needing landing gear adjustments, improving speed and safety.

Download our Report to know more

Applications for Terminal Tractors

The primary applications includes

Ports and Container Terminals

Distribution Centres and Warehouses

Manufacturing Plants

Retail and e-commerce hubs

Visit our sample page click here !

Market Segmentation

By Application

By Type

By Tonnage

By Propulsion

By Battery Chemistry

By Region

Demand Drivers

Increasing demand for efficient logistics and port operations.

Essential for handling high volumes for goods enhancing operational efficiency.

Stringent environmental regulations

Push for sustainability

Key Players

Kalmar Corporation

Terberg Special Vehicles

Capacity Trucks

MAFI Transport-Systeme GmbH

TICO Tractors

Conclusion

In conclusion, terminal tractors play a vital role in streamlining trailer movement and logistics operations across various industries, including ports, distribution centers, and manufacturing facilities. Their specialized design, including features such as maneuverability, superior visibility, and automated systems, makes them indispensable for short-distance trailer transport and frequent coupling tasks.

Terminal Tractor Market

Terminal Tractor Report

#Global Terminal Tractor Market #Global Terminal Tractor Report #Global Terminal Tractor Industry

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vstcoreb · 8 months ago