1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
Terminal Tractor Market by Type, Tonnage, Propulsion, Application, Industry And Region - Global Forecast to 2026

Terminal Tractor Market by Type, Tonnage, Propulsion, Application, Industry And Region - Global Forecast to 2026

  • September 2021
  • 245 pages
  • ID: 5804589
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

The terminal tractor market is projected to grow from USD 718 million in 2021 to USD 877 million by 2026, at a CAGR of 4.1% during the forecast period. There has been a significant increase in international trade over the years. However, in 2020, factors like COVID-19, regional disparities, weakness in trade, and lagging vaccination timetables, particularly in poor countries, resulted in the decline in global trade quantities and valuation.
However, a strong rebound in global trade with the recovery of major industries across the globe since the middle of last year has helped soften the impact of the pandemic for trade.The global economic recovery is also expected to be fueled by the higher production of vaccines and vaccination rates, allowing businesses to reopen more quickly.

According to World Trade Organization (WTO), the volume of world merchandise trade is expected to increase by 8.0% in 2021 after having fallen 5.3% in 2020, continuing its rebound from the pandemic-induced collapse that bottomed out in the second quarter of 2020.
Trade through seaway offers competitive freight costs and is ideal for transporting heavy and bulk goods.As per the Organisation for Economic Co-operation and Development (OECD), the main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves.

As such, the oceans provide the main transport arteries for global trade.

As per the development statistics and information branch of the United Nations Conference on Trade and Development (UNCTAD), the international maritime trade for goods loaded achieved a volume of 11.08 billion tons in 2019. This was achieved due to the rising global population, growing global Gross Domestic Product (GDP), increasing disposable income, especially in Asian countries, and rising standards of living.

The rail freight industry has shown substantial growth in 2020.With the COVID-19 pandemic impeding sea and air transport, the freight-train service emerged as a reliable choice in global logistics thanks to its safety, stability, and efficiency.

According to Global Times, in 2020, the China-Europe freight-train service recorded more than 40,000 trips, with the transported goods valued at over USD 200 billion.
A lot of goods are exported from Asia (China in particular) into Europe.According to CBS (the Dutch national statistical office), in 2018 alone, goods worth USD 5 billion were transported from China to the Netherlands.

Many organizations in the Netherlands and the rest of Europe depend on key countries like China when it comes to the sourcing of consumer goods and raw materials.
The global export of goods related to different industries, including automotive, chemical, agriculture, textile, and pharmaceutical, has also increased in recent years.The increased trade across different industries would subsequently lead to the growth in container transportation through seaways.

The increase in containerized trade will, in turn, lead to an increase in the number of containers handled daily at port terminals, thereby increasing the demand for efficient and faster handling of containers. The global containerized trade is expected to drive the port equipment market, subsequently driving the terminal tractor market.

The 4x2 terminal tractors segment is expected to lead the drive segment due to the higher use in port terminals.

Terminal tractors, available in the 4x2, 4x4, and 6x4 versions, can carry empty as well as laden containers.Kalmar, Konecranes, MAFI Transport-Systeme GmbH, Terberg Special Vehicles, and Capacity Trucks are the major suppliers of terminal tractors in the global market.

The 4x2 terminal tractors are the most prominent tractors used at port terminals. These 4x2 terminal tractors are majorly used in developing countries like China, India, Brazil, and Mexico.

Asia Pacific is projected to be the highest growing regional market
For the market analysis, the Asia Pacific region includes China, India, Japan, South Korea, and Rest of Asia Pacific.According to the World Bank Statistics, China held the largest share in terms of port terminal capacity globally in 2019.

Shanghai Port (China), Shenzhen Port (China), Hong Kong, S.A.R. (China), Ningbo-Zhoushan (China), and Keihin Port (Japan) are some of the port terminals that handle millions of TEU annually.
In addition to high containerized transportation, factors such as increasing Gross Domestic Product (GDP), infrastructure investments, rising per capita income, growing inclination toward comfort and leisure, and government initiatives for FDI have created more opportunities for containerized business, in turn driving the terminal tractor market in the Asia Pacific region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.
• By Company Type: Terminal Tractor OEM – 80% and End user organization– 20%
• By Designation: C Level - 30%, Directors- 50%, and Others – 20%
• By Region: Asia Pacific - 20%, Europe - 30%, North America –30%, and RoW-20%
Kalmar (Finland), Terberg Special Vehicles (Netherlands), Capacity Trucks (US), MAFI Transport-Systeme GmbH (Germany), and TICO Tractors (US) are the prominent players in the terminal tractor market.

Research Coverage:
The study segments the terminal tractor market and forecasts the market size based on application (warehouse & logistics, marine port, airport, and oil & gas), drive (4x2, 4x4, and 6x4), type (manual and automated), tonnage (<50 ton, 50–100 ton, and >100 ton), propulsion (diesel, electric, hybrid, and CNG), logistics by industry (retail industry, food & beverages, inland waterways & marine service, rail logistics, and RoRo), and region (Asia Pacific, North America, Middle East & Africa [MEA], Europe, and the Rest of the World [RoW]).
The study also includes an in-depth competitive analysis of the major terminal tractor manufacturers in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall terminal tractor market and the sub-segments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the market’s pulse and provides them information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Automotive Heavy Trucks - Global Sector Overview and Forecast (Q3 2021 Update)

  • $ 995
  • September 2021
  • 87 pages

Automotive Heavy Trucks - Global Sector Overview and Forecast (Q3 2021 Update) Summary It is not surprising then that, over the past few years, we have seen the industry consolidate and adjust its global ...

  • World
  • Europe
  • Heavy Truck
  • Industry analysis
  • Truck Sales
  • Truck Production


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on