Global Terminal Tractor Market- Industry Trends and Forecast to 2030

Global Terminal Tractor Market- Industry Trends and Forecast to 2030

The global terminal tractor market is expected to reach USD 1,139,393.35 thousand by 2030 from USD 815,836.74 thousand in 2022, growing at a CAGR of 4.3% during the forecast period of 2023 to 2030.

Market Segmentation
Global Terminal Tractor Market, By Type (Manual and Automated), Drive Mode (4*2 and 4*4 and 6*4), Dead Weight (7,000 To 8,000 Kg, Less Than 7,000 Kg, and More Than 8,000 Kg), Capacity (Less Than 50 Tons, 50 To 100 Tons, 100 To 150 Tons, and More Than 150 Tons), Propulsion Type (Diesel, Electric, Hybrid, and CNG), Industry (Marine Services, RORO, Inland Waterways, Rail Logistics, Food & Beverages, Retail, and Others), Country (Germany, U.K., France, Spain, Poland, Italy, Netherlands, Belgium, Denmark, Russia, Turkey, Norway, Switzerland, Finland, Sweden, rest of Europe, China, India, Singapore, Japan, South Korea, Australia, Thailand, Malaysia, Indonesia, Vietnam, New Zealand, Philippines, rest of Asia-Pacific, U.S., Canada, Mexico, U.A.E., Saudi Arabia, South Africa, Egypt, Oman, Bahrain, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America) - Industry Trends and Forecast to 2030
Overview of Global Terminal Tractor Market Dynamics

Drivers
• Expansion in the fields of logistics and distribution
• Expanding international commerce
Restraint
• High initial and maintenance costs
Opportunity
• Advancements in technology such as automation and telematics

Market Players

Some of the major market players operating in the global terminal tractor market are:
• TICO TRACTORS
• Hyster-Yale Group, Inc. (A Subsidiary of Hyster-Yale Materials Handling, Inc.)
• Orange EV
• Hoist Material Handling, Inc.
• Mol CY nv
• Terberg Special Vehicles
• MAFI Transport-Systeme GmbH
• BYD Motors Inc. (A Subsidiary of BYD Company Ltd.)
• CARGOTEC CORPORATION
• Konecranes
• AB VOLVO
• REV GROUP
• SINOTRUK (HONG KONG LIMITED)
• SANY Australia

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