Report Code: A07239 | Pages: NA | ||
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The automotive fifth wheel coupling system refers to a vehicle connecting module used to connect a tractive unit to a towed unit. The tractor unit is normally categorized as tractive unit, however in some cases such as the multi-layer trailer train, a fifth wheel also can be set on a lead trailer. The purpose of fifth wheel is primarily to join the tractive and the towed units, that are expected to possess high load carrying capacities. Furthermore, safety of the products that are being transported in the trailer is a factor which is responsible for the rising number of advancements of the fifth wheel coupling system. Therefore, the increasing demand for fifth wheel couple is expected to drive the market for more automotive fifth wheel coupling system in commercial vehicles.Â
COVID-19 scenario analysis:Â
Implementation of advanced technologies such as advanced driver assistance systems, compliance with government regulations & policies to meet emission standards, and increased load capacity are driving the growth of the market. However, increased load on the spring tension and high cost & fluctuating prices of trailers are expected to hamper the growth of the market. Contrarily, increasing demand for heavy commercial vehicles due to growth in production rate is an opportunity for the market investments.
The automotive fifth wheel coupling market trends are as follows:
Automotive fifth wheel coupling system has a substantial increase in demand due to implementation of advanced technologies such as advanced driver assistance systems (ADAS), the air-release model to improve product safety, and others. Adoption of air-release technologies in the production of automotive components increases load capacity and strength of the fifth wheel coupling system. Thereby, the improved load capacity leads to increase in productivity, which will boost the growth of global automotive fifth wheel coupling market. Furthermore, automotive fifth wheel coupling are relatively light in weight, which results in higher fuel efficiency. Therefore, the implementation of advanced technologies such as air-release model and ADAS will boost the growth of the automotive fifth wheel coupling market.
Key benefits of the report:
Questions answered in the global automotive fifth wheel coupling market research report:
Automotive Fifth Wheel Coupling Market Report Highlights
Aspects | Details |
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By Type |
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By Actuation Type |
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By Vehicle Tonnage Type |
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By Region |
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Key Market Players | Guangdong Fuwa Engineering Group, RSB Group, Sohshin Co. Ltd., Tulga Fifth Wheel Co., Hunger Hydraulics Group, JOST Werke AG, Holland S.A, Fontaine Fifth Wheel, ACCL PL Haulwel Trailers., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd |
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