Regional Rail Logistics

Global Terminal Tractor Market Report 2022: Growing Demand from E-Commerce and Logistics Industries Drives Sector - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 23, 2022

The global terminal tractor market is projected to grow from USD 802 million in 2022 to USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period.

Key Points: 
  • The global terminal tractor market is projected to grow from USD 802 million in 2022 to USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period.
  • Terminal tractor electrification also eliminates the need to completely replace the engine, as is the case with diesel engines at approximately 25,000 working hours.
  • For instance, Terberg (Netherlands) introduced electric vehicles with new EV technology, which include the YT203-EV terminal tractor and the BC202-EV body carrier.
  • Such factors are supporting the growth of the terminal tractor market in Germany.

Terminal Tractor Market by Type, Tonnage, Propulsion, Application, Industry and Region - Global Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 15, 2021

The "Terminal Tractor Market by Type, Tonnage, Propulsion, Application (Airport, Marine, Oil & Gas, Warehouse & Logistics), Industry (Retail, Food & Beverages, Inland Waterways & Marine Service, Rail Logistics, RoRo), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Terminal Tractor Market by Type, Tonnage, Propulsion, Application (Airport, Marine, Oil & Gas, Warehouse & Logistics), Industry (Retail, Food & Beverages, Inland Waterways & Marine Service, Rail Logistics, RoRo), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The terminal tractor market is projected to grow from USD 718 million in 2021 to USD 877 million by 2026, at a CAGR of 4.1% during the forecast period.
  • The global economic recovery is also expected to be fueled by the higher production of vaccines and vaccination rates, allowing businesses to reopen more quickly.
  • Kalmar, Konecranes, MAFI Transport-Systeme GmbH, Terberg Special Vehicles, and Capacity Trucks are the major suppliers of terminal tractors in the global market.