市场调查报告书
商品编码
1483049
全球牵引车市场 2024-2031Global Tow Tractor Market 2024-2031 |
拖拉机市场规模、份额和趋势分析报告,按类型(驾驶式拖拉机、站立式拖拉机和步行拖拉机)、推进方式(电动和燃油)和应用(机场、火车站、超市、工业和仓库)预测期(2024 -2031)
预计牵引车市场在预测期内(2024-2031 年)将以 3.5% 的复合年增长率成长。牵引车是节能车辆,用于在仓库、配送中心、工业和其他几个地方运输货物和负载。牵引车为堆放货物、散装货物、滚笼货物等各类货物的拣选及运输作业提供安全、有效率的保障。
Tow Tractor Market Size, Share & Trends Analysis Report by Type (Rider-Seated Towing Tractor, Stand-In Towing Tractor, and Pedestrian Towing Tractor), by Propulsion (Electric and Fuel), and by Application (Airports, Railway Stations, Supermarkets, Industries, and Warehouses) Forecast Period (2024-2031)
Tow tractor market is anticipated to grow at a CAGR of 3.5% during the forecast period (2024-2031). Tow tractors are energy-efficient vehicles that are used in the transportation of goods and loads in warehouses, distribution centers, industries, and several other places. Towing tractors offer safety and high efficiency for picking and transportation operations of various types of goods such as stacked goods or unstacked goods, and roller caged goods.
Market Dynamics
Rise in awareness about environmental protection driving demand for electric tow tractors
Rise in awareness about environmental protection across the globe and enactment of stringent emission norms are the major factors boosting the adoption of electric tow tractors. Preference for these tractors are increasing in the industrial application for material handling operations due to advantages such as environmental friendliness, cost-effectiveness, enhanced efficiency & productivity, noise reduction, flexibility, and adaptability. The tow tractor industry is experiencing substantial growth, propelled by a heightened emphasis on sustainability, particularly through the widespread adoption of eco-friendly power sources such as lithium-ion batteries. As industries prioritize environmental considerations, the shift towards cleaner energy solutions aligns with eco-conscious practices and positions tow tractors as integral components in the evolving landscape of sustainable material handling, driving their increased demand and market growth.
Increase in automation in manufacturing
Globally, the rise in automation in industries, that have extensive multidisciplinary engineering and project management experience in fixed plant, mobile plant, autonomous mining, and manufacturing, is expected to bolster autonomous tow tractors market demand. For instance, in October 2023, Gotting KG's automated electric tow tractors set new standards in efficiency, flexibility, and safety. Designed to meet the ever-changing demands of modern production facilities, AGVs are revolutionizing the way material handling is done in businesses. AGV automated P250 electric tow tractor seamlessly adapts to different environments, whether in manufacturing, warehousing, or logistics.
Market Segmentation
Rider-Seated Towing Tractor is Projected to Emerge as the Largest Segment
Based on the type, the global tow tractor market is sub-segmented into rider-seated towing tractors, stand-in towing tractors, and pedestrian towing tractors. Among these, the rider-seated sub-segment is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes their widespread use in factories and big industries for transporting cargo and goods within the premises. The rider-seated towing tractors are more comfortable and more powerful than the other types because they can tow heavy loads in one trip. In addition, they are more convenient for transportation because they are more comfortable for the driver.
Warehousing Tow Tractor Sub-segment to Hold a Considerable Market Share
The rising usage of tow tractors for supply chain management is a major factor propelling segmental growth. Tow tractors use different power sources, some employing traditional combustion engines while others run on electric battery packs. The growing industrial and commercial trades are anticipated to propel the demand for storage and transportation facilities. These factors are the prominent factors driving the demand for tow tractors significantly during the forecast period. For instance, in May 2023, Toyota Material Handling broadened its material handling solutions with three new electric forklift models - an Industrial Tow Tractor, a Center Rider Stacker, and a Side-Entry End Rider. Prioritizing operator comfort, these additions deliver enhanced efficiency and versatility. The Industrial Tow Tractor and Center Rider Stacker seamlessly integrate with Toyota's lithium-ion batteries, and each of these models provides customizable features such as PIN code access and cold storage conditioning, ensuring enhanced security.
Additionally, the new electric Side-Entry End Rider, available in both 6,000 and 8,000-pound models, is perfect for cross-warehouse transportation and order picking, increasing uptime while reducing energy costs with a host of features, including an automatic parking brake and standard power steering.
The global tow tractor market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
European countries to invest in biofuels and biorefineries
Global Tow Tractor Market Growth by Region 2024-2031
Source: OMR Analysis
Asia-Pacific Holds Major Market Share
Among all the regions, Asia-Pacific holds a significant share owing to the presence of rising demand for tow tractor due to the strategic market penetration, extensive technological advancements, and responsive solutions tailored to diverse business needs. The region's robust economic growth is in line with a focus on sustainable practices, contributed to its substantial market share. Asian companies capitalized on these trends, establishing a strong foothold and shaping the industry landscape, thus positioning the region as a major contributor to the market development.
For instance, in April 2023, Tata-sons owned Air India (AI) has become the latest airline in the country to announce eco-friendly taxiing through robot tractors, also known as TaxiBots, at Delhi and Bengaluru airports for some of its Airbus A320 family of aircraft. AI said the switch-over will help it save almost 15,000 tones of fuel consumption in three years. AirAsia India and Air India Express, which are now being merged under the Air India group, along with SpiceJet, as well as cargo airlines BlueDart and Amazon Prime Air have already switched to TaxiBot operations in the country.
Note: Major Players Sorted in No Particular Order.
The major companies serving the global tow tractor market include Hyster-Yale Materials Handling Inc., Jungheinrich AG, Husqvarna AB, Stanley Black & Decker, Inc., and John Bradshaw Limited, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in March 2021, Japan's largest airline, All Nippon Airways (ANA), collaborated with Toyota Industries Corp. to initiate a trial of their newest autonomous tow tractor within the restricted premises of Tokyo Haneda Airport.