Terminal Tractors in North America

Terminal Tractors in North America

Market Assessment

This report is an assessment of the market situation in the terminal tractor (TT)/yard tractor business in North America at the 4th quarter of 2019.

The analysis is primarily derived from inputs received from a sample of terminal tractor dealers, refurbishers, end-users and competitors, supplemented by secondary research, and extensive prior knowledge of SpecialtyResearch.net

Included are 2019 estimates of market size/shipments in North America, both new production and refurbishment of existing units. Once dominated by two US companies, Ottawa (now Kalmar/Ottawa) and Capacity of Texas, recent years have seen growing competition from imported units, impacting market shares of domestic manufacturers.

Discussion of the competitive landscape includes market shares and strengths of major participants in the North American market. Valuable insights are provided by dealer feedback on competitive strengths, of both their own and competitors’ brands.

The status of alternative fuel offerings is reviewed, with expanded examination of electric terminal tractors. Battery-electric technology for terminal tractors is the way forward to achieve zero-emission goals; all other solutions are considered temporary.

While there is Increasing demand for electric tractors, the higher initial cost is regarded as a limiting factor. Therefore refurbished trucks will make inroads until the price point of new electrics becomes tenable.

These and other topics are the subject of this report from SpecialtyResearch.net (“SRN”). The report can be put to immediate use for market planning, M&A identification, competitive share analysis, alliances and technology transfer considerations.