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Trailer Landing Gear Market Share

Report ID: GMI5250
Published Date: Apr 2022
Report Format: PDF

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Trailer Landing Gear Market Share

Industry participants majorly focus on the development of electric & manual landing gear product portfolios and technologies to support their business capabilities and cater to the rising demand. Enhancement of the product landscape, strategic partnerships, and expansion are the key initiatives. Several manufacturers are improving their workflow efficiency through digital manufacturing machinery and automation.

Some of the key trailer landing gear market players include

AXN Heavy Duty
Butler Products Corp.
Fuwa Group
BPW Bergische Achsen KG
H.D. Trailers Pvt. Ltd.
haacon
JOST Werke AG
SAF-HOLLAND
Sinotruck Howo Sales Co., Ltd.
Yangzhou Tongyi Machinery Co., Ltd.
Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of trailer landing gear exceeded USD 235 million in 2021 and is predicted to observe 5% CAGR during 2022 to 2028, says this GMI report.

The aftermarket trailer landing gears segment will generate more than USD 250 million by 2028 as the products are being widely used in semi-trailers and drawbar trailers that operate with a heavier freight weight.

The manual trailer landing gear segment will generate over USD 200 million in the global market by 2028 as these components possess several advantages, such as non-dependence on any extra power source like batteries to lift the trailer up or down, and cost-efficiency.

North America trailer landing gear industry will witness a demand for more than 350,000 units by 2028 due to the innovations in product manufacturing technologies.

AXN Heavy Duty, Butler Products Corp., Fuwa Group, H.D. Trailers Pvt. Ltd., SAF-HOLLAND, and Sinotruck Howo Sales Co., Ltd., among several others, are the main players in the market.