Truck Landing Gear Market
Truck Landing Gear Market Study by Manual and Automatic Operation Sold through OEMs and Aftermarket from 2024 to 2034
Analysis of Truck Landing Gear Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Truck Landing Gear Market Outlook (2024 to 2034)
The global truck landing gear market size is set to reach a valuation of US$ 336.2 million in 2024 and is forecasted to advance at a CAGR of 4.9% to end up at US$ 542.5 million by 2034. The market is witnessing an appreciable upward trend due to the rising acceptance of lightweight landing gear together with robust requirements for the transportation of building materials from one place to another.
Besides being used on construction sites, some small fleet trailer owners have also started using some supportive structures to stop their trailers from trembling, giving a lucrative area for the market competitors to expand their truck landing gear market share.
These supportive structures are to a large extent also used in shipyards to prevent the ships standing in the yard from undergoing sudden collapse. Landing gear helps hold the ships in the right place so they remain steady against the force of the wind.
Various types of landing gear are available in the market, each serving a specific purpose. Some gear types are predominantly made to grasp heavy materials with capacities ranging from 20,000 lbs. to 50,000 lbs. Such a holding capacity makes them a preferred choice among builders as construction sites need to deal with heavy materials such as steel, making landing gear a golden tool for them.
The other factor driving demand for truck landing gear is investments in research and development by key players. Companies are focusing on developing and advancing their landing gear tools to make them capable of operating efficiently even in harsh environments.
Companies are achieving this with the help of virtual reality, developing simulations to assess the strength and dimensions of gear and utilizing engineering tools to optimize landing gear performance.
As the global population increases and urbanization accelerates, construction sites seek tools to expedite work, driving the growth of the global truck landing gear market. Every region has its own unique terrain, which prompts prominent players in the market to analyze geographical features before starting gear manufacturing. This approach aids in determining cost-effective designs with optimal engineering.
| Report Attributes | Details |
|---|---|
| Truck Landing Gear Market Size (2024E) | US$ 336.2 Million |
| Forecasted Market Value (2034F) | US$ 542.5 Million |
| Global Market Growth Rate (2024 to 2034) | 4.9% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 5.3% CAGR |
| China Market Value (2034F) | US$ 128.5 Million |
| North America Market Share (2024E) | 25.8% |
| East Asia Market Share (2034F) | 33.7% |
| Key Companies Profiled | JOST Werke; Butler Products; H.D. Trailers; AXN Heavy Duty; Guangdong Fuwa Engineering Group; Sinotruck Howo Sales |
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Which Truck Landing Gear Market Trends are Manufacturers Leveraging?
“Rising Demand for Effective, Efficient, and Lightweight Materials in Construction Sector”
The construction sector operates in a tremendously hectic environment. With objects weighing tonnes, under these circumstances, the need for materials that are effective, efficient, and lightweight arises.
Landing gear fulfills this search for builders, as these tools are designed to help industry workers accomplish their tasks efficiently and promptly. Mining and digging require workers to stand under the ground sometimes and load and unload cargo materials. The landing gear is necessary to stabilize the loading vehicle. In such environments, any instability in the vehicle could result in serious accidents.
“Widespread Adoption of Truck Landing Gear in Agriculture and Shipping”
Apart from the construction sector, several other businesses lean toward heavy materials that are required to be held at the surface level. One such line of work is the agriculture industry where the working surface is highly uneven.
Farmers want their tractors to hold uptight on the farms so that they do not cause any harm to crops. These tools are also majorly used to hold heavy ships in place in shipyards against the force of the wind.
Landing gear aids truck drivers in picking up and dropping off trailers, which can pose challenges if not properly maintained. Any malfunction in the landing gear can lead to accidents, underscoring the importance of proper landing gear design in ensuring driver safety and ease of use.
Which Factors are Stumbling Blocks for Truck Landing Gear Market Growth?
“High Initial Cost Hindering Investments in Technological Advancements”
One of the bulging hindrances in this market is the high cost of truck landing gear. Landing gear is available with a range of features offered by manufacturers, and the introduction of new features often leads to increased costs. This can pose challenges to heavy investments in landing gear.
The cost issue is not only faced by the end user; it also poses a challenge for new market players. These gear systems use advanced manufacturing technology and engineering expertise, resulting in high initial costs. This is a significant challenge for newcomers with limited initial capital.
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Country-wise Insights
Why are Truck Landing Gear Manufacturers Investing in the United States?
“Steady Growth of Logistics and Freight Industry”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 54 Million |
| Growth Rate (2024 to 2034) | 5% CAGR |
| Projected Value (2034F) | US$ 88.1 Million |
One of the principal drivers shaping the market in the United States is the sustained growth of the freight and logistics industry. As international businesses continue to become more and more globalized, the need for efficient and reliable transportation of goods is rising. Truck landing gear is requisite for secure and safe loading and unloading of materials. It offers stability and support to the trailer when it is separated from the tractor, enabling the trailer to stand firmly.
The United States market is offering lucrative opportunities in advanced logistics and prompting manufacturers to establish their firms here to leverage such advanced maneuvers. In the future, the United States truck landing gear market size is projected to expand at a significant pace, characterized by advancements aimed at enhancing truck driving safety, reducing accidents, and ensuring a smoother journey for drivers.
What Makes China a Lucrative Market for Truck Landing Gear Manufacturers?
“Urbanization Driving High Demand for Infrastructure Development”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 79.8 Million |
| Growth Rate (2024 to 2034) | 4.9% CAGR |
| Projected Value (2034F) | US$ 128.5 Million |
In recent years, urbanization in China has led to an increasing demand for the development of infrastructure, including buildings, flyovers, residential complexes, commercial properties, and IT parks. To address this demand, many key players have begun investing in the Chinese market, thus capitalizing on growth opportunities. Expansion of the e-Commerce sector in China presents an optimistic outlook for manufacturers. With the ability to reach end-users online, manufacturers can potentially capture a larger share of the market in the nation.
Category-wise Evaluation
Which Truck Landing Gear Type is Most Widely Utilized?
“Preference for Manual Landing Gear Systems Due to Their Ease of Use”
| Attribute | Manual |
|---|---|
| Segment Value (2024E) | US$ 177.5 Million |
| Growth Rate (2024 to 2034) | 2.4% CAGR |
| Projected Value (2034F) | US$ 224.6 Million |
Manual gear systems are easy to use and are therefore preferred over automatic ones. The manual segment holds a significant truck landing gear market share. Manual gear types are preferred in uncontrollable situations over automatic ones due to their fully manual operation, resulting in a reduced probability of accidents. Automatic cogwheels are prone to technical glitches.
While technological advancements are improving automatic gear programs, manual gear currently dominates the market. However, in the near future, demand for automatic gear is projected to rise steadily.
Why Do OEMs Occupy a Leading Market Share as a Widely Used Sales Channel?
“Strong Warranties Offered by OEMs Enhancing Their Reputation”
| Attribute | OEMs |
|---|---|
| Segment Value (2024E) | US$ 246.1 Million |
| Growth Rate (2024 to 2034) | 5% CAGR |
| Projected Value (2034F) | US$ 402.5 Million |
Original tools can be trusted to work even in the harshest conditions, reducing every possible chance of accidents. OEMs also give strong warranties on their tools, thus enhancing their reputation. Tools from OEMs undergo rigorous investigation and analysis and are tested under various conditions to determine the quality and strength of the final product. As a result, landing gear systems from OEMs outperform those available in the aftermarket segment.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Companies manufacturing truck landing gear are striving to outperform one another to occupy a dominant market share. Companies are diversifying into truck cranes and other types of construction gear to boost profits and broaden their market reach to reduce costs. Their key strategies include expansion, collaboration, product launches, and acquisitions.
Established businesses are acquiring small truck landing gear manufacturers to expand their market share and establish their presence. As a result, small manufacturers are forming collaborations to maintain their market position and protect themselves against financial pressures from larger competitors.
Key players in the truck landing gear market such as JOST Werke, Butler Products, H.D. Trailers, and AXN Heavy Duty are diligently working on introducing innovative features in their products.
Key Segments of Truck Landing Gear Market Research
-
By Operation :
- Manual
- Automatic
-
By Sales Channel :
- OEMs
- Aftermarket
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Operation
- 9.1. Manual
- 9.2. Automatic
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Sales Channel
- 10.1. OEMs
- 10.2. Aftermarket
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. JOST Werke
- 21.2. Butler Products
- 21.3. H.D. Trailers
- 21.4. AXN Heavy Duty
- 21.5. Guangdong Fuwa Engineering Group
- 21.6. Sinotruck Howo Sales
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Operation
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Sales Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Operation, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Operation, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Operation, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Operation, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Sales Channel, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Sales Channel, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Operation, 2024 (E)
Figure 18: North America Market Value Share, By Sales Channel, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Operation, 2024 (E)
Figure 26: Latin America Market Value Share, By Sales Channel, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Operation, 2024 (E)
Figure 34: Europe Market Value Share, By Sales Channel, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Operation, 2024 (E)
Figure 42: South Asia Market Value Share, By Sales Channel, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Operation, 2024 (E)
Figure 50: East Asia Market Value Share, By Sales Channel, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Operation, 2024 (E)
Figure 58: Oceania Market Value Share, By Sales Channel, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Operation, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Sales Channel, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Operation, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Operation, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Sales Channel, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Operation, 2024 (E)
Figure 78: Canada Market Value Share, By Sales Channel, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Operation, 2024 (E)
Figure 81: Mexico Market Value Share, By Sales Channel, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Operation, 2024 (E)
Figure 84: Brazil Market Value Share, By Sales Channel, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Operation, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Sales Channel, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Operation, 2024 (E)
Figure 90: Germany Market Value Share, By Sales Channel, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Operation, 2024 (E)
Figure 93: France Market Value Share, By Sales Channel, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Operation, 2024 (E)
Figure 96: Italy Market Value Share, By Sales Channel, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Operation, 2024 (E)
Figure 99: Spain Market Value Share, By Sales Channel, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Operation, 2024 (E)
Figure 102: Russia Market Value Share, By Sales Channel, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Operation, 2024 (E)
Figure 105: China Market Value Share, By Sales Channel, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Operation, 2024 (E)
Figure 108: Japan Market Value Share, By Sales Channel, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Operation, 2024 (E)
Figure 111: South Korea Market Value Share, By Sales Channel, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Operation, 2024 (E)
Figure 114: India Market Value Share, By Sales Channel, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Operation, 2024 (E)
Figure 117: ASEAN Market Value Share, By Sales Channel, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Operation, 2024 (E)
Figure 120: Australia Market Value Share, By Sales Channel, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Operation, 2024 (E)
Figure 123: New Zealand Market Value Share, By Sales Channel, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Operation, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Sales Channel, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Operation, 2024 (E)
Figure 129: Turkey Market Value Share, By Sales Channel, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Operation, 2024 (E)
Figure 132: South Africa Market Value Share, By Sales Channel, 2024 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What portion of the East Asia truck landing gear market does Japan occupy?
Japan accounts for 14.8% of the truck landing gear market share in East Asia in 2024.
What is the size of the global truck landing gear market?
Worldwide sales of truck landing gear are estimated at US$ 336.2 million in 2024.
What is the demand projection for truck landing gear for the decade?
The global truck landing gear market is forecasted to reach US$ 542.5 million by 2034.
At what rate is the market projected to expand in East Asia?
The East Asia market is projected to advance at a CAGR of 4.7% from 2024 to 2034.
Who are the top suppliers of truck landing gear?
Leading companies in the market are JOST Werke, Butler Products, H.D. Trailers, and AXN Heavy Duty.
Truck Landing Gear Market