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Truck and Trailer Landing Gear Market Report and Forecast 2024-2032

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    Report

  • 188 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921591
According to the report, the global truck and trailer landing gear market is projected to grow at a CAGR of 7% between 2024 and 2032 reaching a value of around USD 1740 million by 2032. Aided by the accelerating global trade, advancements in trailer designs, and heightened emphasis on vehicle safety, the market is expected to grow significantly by 2032.

Truck and trailer landing gear, colloquially known as legs or stabilisers, are crucial components employed to support the trailer when it is uncoupled from the truck. These mechanical systems ensure stability, prevent forward or backward tilting, and provide a mechanism for height adjustment. Given the weight and load variability in trailers, landing gears play an essential role in maintaining the trailer's equilibrium and protecting the cargo.

One of the principal driving forces behind the global truck and trailer landing gear market growth is the continuous uptick in international trade and logistics. As global commerce expands, there is an intrinsic demand for robust transportation infrastructures, particularly in trucking and freight services. Trailers, forming the backbone of land-based freight services, have thus seen consistent demand, subsequently pushing the market for associated components like landing gears.

As per the truck and trailer landing gear market analysis, the wave of innovation and design enhancements in the trailer industry stands as a testament to the evolving needs of the global economy. Modern trailers are more sophisticated, equipped to handle diverse cargo types, and built to optimise space and weight constraints. As a result, landing gears, too, have seen advancements in materials used, weight distribution capabilities, and operational efficiency.

Safety, always at the forefront of vehicle design, further bolsters the truck and trailer landing gear market demand. Regulatory bodies worldwide continually upgrade safety standards for heavy vehicles, given their potential risks on roads. Landing gears, being central to ensuring a trailer's stability especially when stationary, are therefore of paramount importance. Innovations like sensor-based systems that alert drivers of incorrect deployments and enhanced rust-resistant materials are indicative of the industry's commitment to safety.

Countries in regions like Southeast Asia, Africa, and parts of Latin America are witnessing rapid industrialisation and infrastructural developments, further increasing the value of the truck and trailer landing gear market size.

Market Segmentation

The market can be divided based on type and region.

Market Breakup by Type

  • Manual Landing Gear
  • Automatic Landing Gear

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global truck and trailer landing gear market. Some of the major players explored in the report are as follows:
  • Guangdong Fuwa Engineering Group Co. Ltd.
  • Haacon Hebetechnik GmbH
  • JOST Werke AG
  • BPW Bergische Achsen Kommanditgesellschaft Ohlerhammer
  • SAF-HOLLAND GmBH
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Truck and Trailer Landing Gear Market Analysis
8.1 Key Industry Highlights
8.2 Global Truck and Trailer Landing Gear Historical Market (2018-2023)
8.3 Global Truck and Trailer Landing Gear Market Forecast (2024-2032)
8.4 Global Truck and Trailer Landing Gear Market by Type
8.4.1 Manual Landing Gear
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Automatic Landing Gear
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Truck and Trailer Landing Gear Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Truck and Trailer Landing Gear Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Truck and Trailer Landing Gear Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Truck and Trailer Landing Gear Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Truck and Trailer Landing Gear Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Truck and Trailer Landing Gear Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Guangdong Fuwa Engineering Group Co. Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Haacon Hebetechnik GmbH
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 JOST Werke AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 BPW Bergische Achsen Kommanditgesellschaft Ohlerhammer
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 SAF-HOLLAND GmbH
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Truck and Trailer Landing Gear Market: Key Industry Highlights, 2018 and 2032
2. Global Truck and Trailer Landing Gear Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Truck and Trailer Landing Gear Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Truck and Trailer Landing Gear Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Truck and Trailer Landing Gear Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Truck and Trailer Landing Gear Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Truck and Trailer Landing Gear Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Truck and Trailer Landing Gear Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Truck and Trailer Landing Gear Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Truck and Trailer Landing Gear Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Truck and Trailer Landing Gear Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Truck and Trailer Landing Gear Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Truck and Trailer Landing Gear Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Truck and Trailer Landing Gear Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Truck and Trailer Landing Gear Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Truck and Trailer Landing Gear Market Structure

Companies Mentioned

  • Guangdong Fuwa Engineering Group Co. Ltd.
  • Haacon Hebetechnik GmbH
  • JOST Werke AG
  • BPW Bergische Achsen Kommanditgesellschaft Ohlerhammer
  • SAF-HOLLAND S.A.

Methodology

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