The study of market analysis of Truck Landing Gear Market focuses on the key elements and the market dynamics of a specific market within that industry. Truck Landing Gear Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
The global Truck Landing Gear market is expected to reach US$ 364.3 Mn by the end of the forecast period, registering a CAGR of 4.7% for the period between 2018 and 2026.
A pair of truck landing gears, as the name suggests, is fixed adjacent to front end for supporting trailer after decoupling from prime mover. Also, regulations regarding reduction in emission of carbon are driving the demand for truck landing gears. At the same time, factors like corrosion can’t be ruled out. Manual cranking could result in injuries to wrists, back, and shoulders. As such, truck landing gears could be looked upon as double-edged swords.
The Competent Competitive Landscape
Persistence Market Research has profiled truck landing gear market players as follows:
- JOST Werke AG
- SAF-HOLLAND SA
- Guangdong Fuwa Engineering Group Co., Ltd.
- Butler Products Corp.
- BPW Bergische Achsen KG
- York Transport Equipment (Asia) Pte Ltd.
- AXN Heavy Duty, LLC
- H.D. Trailers Pvt. Ltd.
- Sinotruck Howo Sales Co., Ltd.
- Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.
- Yangzhou Tongyi Machinery Co., Ltd.