The fifth wheel coupling market is segmented based on type, application, and geography. Based on type, the market is segmented into manual and automatic. Based on application, the market is segmented into transportation, construction, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Automotive, mining, construction, waste management and petrochemical industries represent potential growth opportunities for manufacturers of fifth wheel coupling devices. Due to economic growth, construction and industrialization is increasing, which in turn is accelerating the growth of fifth wheel coupling market as it provides transportation solutions to these industries. Some of the prominent market participants which are providing fifth wheel coupling are Jost Werke AG, SAF Holland and Fontaine Fifth Wheel etc.
Market Drivers and Restraints: The increasing demand for heavy-duty commercial vehicles for the transportation of goods is driving the growth of the fifth wheel coupling market. The growth in the transportation industry and the increasing demand for efficient and safe transportation of goods are expected to drive the demand for fifth wheel couplings. On the other hand, the high cost of fifth wheel couplings is expected to restrain the growth of the market.
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Market Key Players: The key players operating in the fifth wheel coupling market are JOST Werke AG, SAF-HOLLAND S.A., Fontaine Fifth Wheel, Meritor, Inc., and Albea Group, among others.
Conclusion: The fifth wheel coupling market is expected to grow significantly during the forecast period due to the increasing demand for heavy-duty commercial vehicles for the transportation of goods. The key players operating in the market are focusing on expanding their product portfolio to cater to the increasing demand for fifth wheel couplings.
Fifth Wheel Coupling Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Fifth Wheel Coupling basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on.
Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.
In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.The report includes six parts, dealing with:1.)
Asia Fifth Wheel Coupling Market;3.)
North American Fifth Wheel Coupling Market;4.)
Research Report Insights (RRI) delivers key insights on the global Fifth Wheel Couplingmarket in its latest report titled ‘Fifth Wheel CouplingMarket by 2025.’ The long-term outlook on the global Fifth Wheel Couplingmarket remains positive, with market value expected to increase at a CAGR of 5.4% during the forecast period (2017 – 2025). Among the fifth wheel coupling product type segment, the Semi Oscillating segment is expected to expand at a significant CAGR in terms of value over the forecast period. Among all operation segments, Hydraulic and Pneumatic segments are anticipated to witness higher CAGR in terms of value over the forecast period. Global sales of Fifth Wheel Couplingis estimated to be valued at US$ 460.1 Mn by the end of 2017. Moreover,APAC is estimated to account for a value share of 39.4% in the global Fifth Wheel Couplingmarket by 2017 end and it is anticipated to retain its dominance throughout the forecast period.
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The adoption of advanced material technology in automobile components increases the load capacity as well as strength of the component. The increased load capacity of fifth wheel couplings results in increasing productivity, which in turn is expected to fuel the growth of the fifth wheel coupling market in the coming years. Moreover, stringent emission standards in countries, such as Germany, the U.K. and Italy, are compelling automotive manufacturers to make fuel efficient vehicles. To achieve fuel economy, auto makers are trying to reduce the weight of vehicles and their components, which will support the demand for light weight automotive fifth wheel couplings. These advanced material fifth wheel couplings are relatively light weight and hence, improve the durability and performance of vehicles. These features are expected to propel the growth of the fifth wheel coupling in the market in the coming years.
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Increasing concerns and growing awareness among the population regarding environmental safety are proving to a major challenge for the heavy commercial vehicles sector. People are using alternative sources of transportation, such as trains and airplanes, for the transportation of goods. Rigorous government rules and regulations pertaining to environmental pollution are estimated to increase the operational cost of heavy duty commercial vehicles, which in turn will decrease the overall demand for these vehicles and indirectly affect the growth of the fifth wheel coupling market
Segmentation analysis
• On the basis of product type, the Semi Oscillating segment is anticipated to continue dominate the market in terms of value over the forecast period
• On the basic of operation, Hydraulic segment is anticipated to witness robust growth in terms of value over the forecast period and expected to expand at a CAGR of 7.3% over the forecast period
• On the basis of Capacity, the between 20 and 30 tonssegment is anticipated to dominate the market in terms of value and volume. This segment is expected to account for 62.4% volume share in 2017
• On the basic of Sales Channel, OEMsegment is driven the growth of the fifth wheel coupling market and account for 95.3% value share in 2017
APAC is estimated to account for 39.4% value share in the global Fifth Wheel Couplingmarket by the end of 2017. The APAC Fifth Wheel Couplingmarket is expected to remain dominant over the forecast period. This growth is due to increase in construction activities and industrialization in Asia Pacific region. China accounts for 73.8% market share in term of value. Furthermore, Latin America and MEA is also expected to grow with healthy CAGR.
Report Analysis@https://www.researchreportinsights.com/report/rd/110114937/Fifth-Wheel-Coupling-Market
The report highlights some of the top companies operating in the global Fifth Wheel Couplingmarket such as SAF-Holland S.A , JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd , Fontaine Fifth Wheel, Tulga Fifth Wheel Co., RSB Group, Hunger Hydraulics Group, ACCL (PL Haulwel Trailers ), TITGEMEYER Group, FOSHAN YONGLITAI AXLE CO.,LTD., Xiamen WondeeAutoparts Co., Ltd. ,Shandong Fuhua Axle Co., Ltd. and Land Transport Equipment Co.,Ltd, among others.
Global Fifth-wheel Coupling market expansion is being boosted by the fast-rising demand income, decreasing industrialization, product recognition among consumers, emerging technological advancements market businesses, and structure that is secure.
Growth-drivers are anticipated to add notable growth into the market in the not-too-distant future.The global Fifth-wheel Coupling market study will help you investigate the market share and trends according to the top industry giants and help you recognize the threats and challenges the market is expected to face.
The researchers focused on development tendencies in addition to the sector.
Additionally, the marketplace is anticipated to quicken alliances which are implemented across the globe as a result of exponential need over companies and businesses.Product Segment Analysis:CompensatingSemioscillatingFully OscillatingApplication Segment Analysis:OEMAftermarketRegional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa.Regional evaluation is yet another highly vast region of the research and analysis study of the Global Fifth-wheel Coupling Market presented in the report.
The historical and forecast period 2021 to 2027 gives accurate and detailed country-wise quantity evaluation along with region-wise market size analysis from their worldwide marketplace.Get Your Copy at a Discounted Rate!!!
The industry report covers all crucial parameters like product creation, market plan for businesses and market and development specialist perspectives, sales creation, the research and market share.Segments Covered in Fifth-wheel Coupling Market Report:• Fifth-wheel Coupling Market Global Growth Opportunities• Fifth-wheel Coupling top market players in various industry• Fifth-wheel Coupling market size and growth opportunities’• Fifth-wheel Coupling market forecast and DROCS• Fifth-wheel Coupling market strategy and initiatives• Fifth-wheel Coupling market trends and market share• Fifth-wheel Coupling market competitive analysis and Impact of Covid-19 on the market.
The Global Automotive Fifth Wheel Coupler Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Browse the complete Global Automotive Fifth Wheel Coupler Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/11098-automotive-fifth-wheel-coupler-market-report-report The report also covers the complete competitive landscape of the global Automotive Fifth Wheel Coupler market with company profiles of key players such as: Fontaine Fifth WheelHitch CornerSAF-HOLLANDJOSTEidal InternationalTulga Fifth WheelThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeCompensating Fifth WheelSemi-Oscillating Fifth WheelFully Oscillating Fifth WheelBy ApplicationRV TrailersClass 7 and 8 TrucksFarm EquipmentBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Automotive Fifth Wheel Coupler Market @ https://www.decisiondatabases.com/contact/download-sample-11098The Global Automotive Fifth Wheel Coupler Market has been exhibited in detail in the following chapters –Chapter 1 Automotive Fifth Wheel Coupler Market Preface Chapter 2 Executive SummaryChapter 3 Automotive Fifth Wheel Coupler Industry AnalysisChapter 4 Automotive Fifth Wheel Coupler Market Value Chain AnalysisChapter 5 Automotive Fifth Wheel Coupler Market Analysis By TypeChapter 6 Automotive Fifth Wheel Coupler Market Analysis By ApplicationChapter 7 Automotive Fifth Wheel Coupler Market Analysis By GeographyChapter 8 Competitive Landscape Of Automotive Fifth Wheel Coupler CompaniesChapter 9 Company Profiles Of Automotive Fifth Wheel Coupler IndustryPurchase the complete Global Automotive Fifth Wheel Coupler Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-11098Other Reports by DecisionDatabases.com:Global Railway Couplers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.