
Tugger Trains Market
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July 2022
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The report is titled as ‘Tugger Trains Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Tugger Trains market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
Tugger Train Introduction
Tugger trains can be classified as a means of transport that are employed in intralogistics operations, essentially in manufacturing businesses. Tugger trains are also known with other common terms including tugger train systems or logistics trains. Similar to any other commercial trucks, tugger trains are employed for the interior carriage of production tools and equipment, where they move materials, inventory, semi-finished and finished products from the storehouse to the assembly site or production on horizontal tiers, generally on a just-in-time basis, and then transfer them ahead from there.
However, contrary to the forklifts, for instance, they can convey various load carriers for each trip and are the one of the most secure solutions for corresponding intralogistics material flows owing to their firm routes. Owing to which, tugger trains are witnessing higher demand across the markets. Moreover, these days, automation and unmanned vehicles in the industries is the latest trend all around the world. At the same time, the tugger has the capacity to be automated as it follows pre-set routes when transporting materials. Such factors are estimated to pave its way to increased efficiency as well as accurate delivery times. Thus, the tugger trains are considerably the future of the material handling and transportation as the world drives to industry 4.0.
On the basis of region, the Asia Pacific region is estimated to grow at a highest CAGR in comparison to other regions due to expansion in various industries such as Automotive, FMCG, plastics, and plant engineering within the region.
Tugger Trains Market Segmentation
The tugger trains market is segmented on the basis of type, function, towing truck type, frames type, maximum load per carrier, end-use industry, and region.
By Type
Taxi
Push
By Function
Semi- Automated
Automated
By Towing Truck Type
Frequent Stops
Infrequent Stops
By Frames Type
B- Frames
C- Frames
H- Frames
Others
By Maximum Load Per Carrier
350-500 kg
500-750 kg
More than 750 kg
By End-Use Industry
Food & Beverage
Retail & E-Commerce
Airport
Automotive
Industrial Manufacturing
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Tugger Trains Market Key Players
Some of the key participating players in tugger trains market are:
Jungheinrich AG
Hartwall
Hyster-Yale Group, Inc
JUNG Hebe- Transporttechnik GmbH
Schiller
Gemini Equipment And Rentals
Feil GmbH
KION Group
Hyster-Yale Group
IGZ Logistics
SSI Schaefer Systems
Schiller Automatisierungstechnik
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product developments and launches
Tugger Trains Adoption Rate, by End Use Industry
Top Companies Historical Growth Rate
Pricing Impact
Impact of Regulations
Advantages of Tugger Trains
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
Frequently Asked Question
What is the projected market size & Compound Annual Growth Rate (CAGR) of the tugger trains market?
The tugger trains market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
Which base year is used in the tugger trains market report?
The base year for the report is 2022 in tugger trains market.
What segments are covered in tugger trains market report?
The tugger trains market is segmented on the basis of type, function, towing truck type, frames type, maximum load per carrier, end-use industry, and region.
What are the key participating players in the tugger trains market?
Some of the key participating players in tugger trains market are: STILL GmbH, Jungheinrich AG, Hartwall, Hyster-Yale Group, Inc, JUNG Hebe- Transporttechnik GmbH, Schiller, Gemini Equipment And Rentals, Feil GmbH, KION Group, Hyster-Yale Group, IGZ Logistics, SSI Schaefer Systems, Schiller Automatisierungstechnik.