Trailer Landing Gear Market Trends

Trailer Landing Gear Market Driver

• The demand for new trailers and trucks, which in turn is anticipated to drive the worldwide truck landing gear market during the forecast period due to strict government rules regarding carbon emission and increased demand for installing truck landing gears in existing trailers.
• Other factors anticipated to support the growth of the global truck landing gear market during the forecast period include increasing use of lightweight truck landing gears as well as strong demand for oil and milk tankers for the transfer of oil between locations. Additionally, growing e-commerce transportation and an expanding fleet of trailers will both propel the worldwide truck landing gear market forward.

Trailer Landing Gear Market Restraint

• Production of semi-trailers that are disproportionately large and heavy, which increases the turning radius and weight of the truck, is a key driver of the market for truck and trailer landing gear. Driving and controlling a semi-trailer truck also calls for more advanced expertise. The market for landing gear for trucks and trailers is anticipated to suffer as a result.
• The demand for road freight transportation is anticipated to be constrained by inadequate road infrastructure and a lack of commitment to enhancing transportation infrastructure, which will have a negative impact on the market for truck and trailer landing gear during the forecast period.