Market Share of Terminal Tractor Industry
The terminal tractor market is moderately consolidated, with several players accounting for a smaller portion of the market share. Some of the prominent companies in the market are Kalmar, Konecranes, Sany, Hyster, and others. Players are also offering autonomous terminal tractors under the pool in order to witness prominence.
These players are investing heavily in the R&D of terminal tractors to provide green and clean fuel-driven tractors to protect the environment and generate high power. For instance, In August 2022, Terberg Tractors Malaysia developed an autonomous terminal tractor in partnership with Aidrivers. The partnership came in 2019 which consistently aimed to produce an autonomous ecosystem inside the terminal tractor.
Terminal Tractor Market Leaders
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Kalmar
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Konecranes Oyj
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Sany Group
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Terberg Group BV
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Hyster-Yale Materials Handling, Inc.
*Disclaimer: Major Players sorted in no particular order
