Global Market Study on Truck Landing Gear: Stringent Regulations for Trailer Safety to Drive Revenue

Krazymedia25 Jan, 2023Business

The report covers comprehensive information about market trends, volume (?000 units) and value (US$ Mn) projections, market dynamics, competition and recent developments in the global Truck Landing Gear market for the study period 2018 to 2026. The global Truck Landing Gear market is expected to reach US$ 364.3 Mn by the end of the forecast period, registering a CAGR of 4.7% for the period between 2018 and 2026. Stringent government regulations regarding carbon emission and growing demand for installation of truck landing gears in existing trailers are the two factors that will propel the demand for new trailers and trucks, which in turn, is expected to give a push to the global truck landing gear market during the forecast period.