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Trailer Landing Gear Market

Trailer Landing Gear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Trailer landing gear is a stand, or support pillars, that is used to provide stability and support the trailer when it is parked or detached from the truck. The trailer landing gear helps maintain the position of the trailer whether the trailer is joined or removed from the truck or tractor. A pair of landing legs or landing pillars are provided at the front end of the trailer to support the trailer after it is decoupled from the truck or tractor. Trailer landing gears, also known as a stabilizers, are equipped with a gear mechanism that supports the loading capacity and lift of the loaded trailer. Increasing demand for trailer and semi-trailer is likely to boost the demand for trailer landing gear. The global trailer landing gear market is expected to expand during the forecast period, owing to the rise in demand for light weight and fuel-efficient trailers and semi-trailers.

Stringent government policies, norms, and regulations regarding emission and the rising demand for incorporation of trailer landing gears in existing trailers are key factors that are expected to propel the demand for new trucks, trailers, and semi-trailers, which in turn, is expected to drive the global trailer landing gear market during the forecast period. Furthermore, a rise in the adoption of lightweight and strong truck landing gears coupled with the robust demand for milk and oil tankers is projected to boost the global trailer landing gear market during the forecast period. Additionally, the rise in demand of transportations in e-commerce and increase in the fleet of trailers are also expected to fuel the global trailer landing gear market during the forecast period. The major restraint for the trailer landing gear is the effect of environment which can cause corrosion, wear and tear, and other. The landing gears require timely maintenance and greasing to keep them working which leads to high maintenance cost. This can act as a major restraint for the trailer landing gear market during the forecast period.

The global trailer landing gear market can be segmented based on lifting capacity, operation, sales channel, and region. In terms of lifting capacity, the trailer landing gear market can be bifurcated into less than 20,000 lbs., 20,000 lbs. to 50,000 lbs. and more than 50,000 lbs. Based on operation, the trailer landing gear market can be divided into manual and automatic landing gears. Based on sales channel, the trailer landing gear market can be bifurcated into OEM and aftermarket. The OEM segment is expected to hold a major share of the trailer landing gear market. In terms of region, the trailer landing gear market can be segregated into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. North America is expected to account for a major share of the global trailer landing gear market, as the region holds a major share of the global trailer, semi-trailer, and tankers market. Asia Pacific is estimated to account for a notable share of the global trailer landing gear market during the forecast period, as the region witnesses a higher demand for trailers and semi-trailers.

Key players operating in the trailer landing gear market include SAF-HOLLAND S.A., JOST Werke AG, Sinotruck Howo Sales Co., Ltd., Guangdong Fuwa Engineering Group Co., Ltd., Butler Products Corp., BPW Bergische Achsen KG, AXN Heavy Duty, LLC, H. D. Trailers Pvt. Ltd., York Transport Equipment (Asia) Pte Ltd., haacon, Yangzhou Tongyi Machinery Co., Ltd., and Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.

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