ACCESS Newswire
14 Oct 2020, 19:31 GMT+10
Key terminal tractor market players are focusing on collaborating with several clients and extending their customer base to establish their global footprints.
ROCKVILLE, MD / ACCESSWIRE / October 14, 2020 / The terminal tractor market is slated to expand at a moderate CAGR of 3.3% over the projected period, 2020-2030. Increasing international trade activities are supporting users to prefer terminal tractors to encourage work efficiency and lessen human error.
'The terminal tractor market is anticipated to expand at a steady pace, fueled by the requirement for material shipment and associated logistical activities, post COVID-19.' says the Fact.MR report.
Terminal Tractor Market - Key Takeaways
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Terminal Tractor Market - Driving Factors
Terminal Tractor Market - Constraints
Anticipated Market Impact by COVID-19 Outbreak
The COVID-19 outbreak has affected the majority of the sectors. Although, rising trade activities amid developing and developed nations for the supply of the essential goods is poised to reinforce the terminal tractors' demand to improve efficiency at ports & other end-use categories. Additionally, customers' shift towards online platforms is providing significant prospects to terminal tractor producers for their applicability in distribution and logistics handling.
Explore the Terminal Tractor market comprising of 158 figures and 80 data tables, along with the table of contents. You can find a detailed market segmentation on https://www.factmr.com/report/2783/terminal-tractors-market
Competition Landscape
Major companies identified in the terminal tractor market are Mol CY nv., TICO Terminal Services, Terberg Group B.V., MAFI Transport-System, Konecranes Oyj, CVS Ferrari, Hoist Material Handling, Inc., Volvo AB, AUTOCAR LLC., Kalmar Inc., along with REV Group Inc.
More on the Report
The FACT.MR's market research report provides in-depth insights into the Terminal Tractor market. The market is scrutinized based on fuel (conventional fuel [below 200 HP and above 200 HP], alternative fuel [below 200 HP and above 200 HP], and electric), end use (port terminals, intermodal facilities, and others), product (conventional and automated), and ownership (rental and industrial & commercial) across five major regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)).
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About Fact.MR
Fact.MR is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Fact.MR is headquartered in Dublin, and has offices in Dubai. FACT.MR's latest market research reports industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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PR- https://www.factmr.com/media-release/1644/terminal-tractors-market-trends
SOURCE: Fact.MR
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