![]() North America is expected to book a major market share in the forecast period owing to presence of major manufacturers and third-party logistic solutions operating in this region, rising distribution centers, high adoption of automated warehouses solutions in United States,etc. TERBERG SPECIAL VEHICLES, Konecranes, MAFI Transport-Systeme GmbH, Hoist Material Handling, Inc., Mol, Orange EV. Some of the key competitors in the terminal tractors market include Kalmar, TICO TRACTORS, AUTOCAR, LLC. ![]() For instance, in August 2019, NFI Industries, a third party logistics company deployed 25 Kalmar Ottawa T2E electric terminal tractors at its distribution centers in California. The vendors are upgrading the existing diesel engines with LPG to map up with the pollution grades and norms. Moreover, stringent government norms and standards for reducing emissions are creating a potenital room for terminal tractors suppliers. In such scenrio, evolvement of autonomous and semi-autonomous is gaining traction in terminal tractors for swiftly moving the goods across easily accessible service points. The expodential increase in E-commerce sector has compelled the owners to shift from manual to automation handling in order to balance the supply chain ecosystem. Furthermore, warehouse management is a major concern for warehouse owners and operators these days. Rise in trade volumes is also fuelling the market. Also, the top 20 global ports handled 9.3 billion tons which is nearby to global seaborne trade volumes. According to The United Nations Conference on Trade and Development, it is estimated that 752.2 million TEUs were moved at container ports worldwide in 2017. These tractors provide excellent manoeuvrability, fast turnaround time, high reliability and capable of moving bulky goods efficiently. The efficient cargo-handling solutions across ships, ports, terminals and local distribution is a major factor behind increasing terminal tractors deployments. The market for terminal tractors is gaining impetus in recent times.
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