Tow tractors are vehicles with energy efficient motors, which are used at a warehouse or workstation to transport goods and loads. Tow tractors are employed for towing and transportation of goods and products from one place to another. They are also used for towing goods and products in distribution centers, warehouses, and general material-handling industries.
This report contains market size and forecasts of Tow Tractors in global, including the following market information:
Global Tow Tractors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tow Tractors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tow Tractors companies in 2021 (%)
The global Tow Tractors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pedestrian Towing Tractors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tow Tractors include Alke, Bradshaw Electric Vehicles, Eagle Tugs, Godrej Material Handling, Helge Nyberg AB, Hyster, JBT, Jungheinrich AG and Linde Material Handling, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tow Tractors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tow Tractors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Tractors Market Segment Percentages, by Type, 2021 (%)
Pedestrian Towing Tractors
Stand-in Towing Tractors
Rider-seated Towing Tractors
Global Tow Tractors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Tractors Market Segment Percentages, by Application, 2021 (%)
Railway Stations
Airports
Supermarkets
Industries
Warehouses
Others
Global Tow Tractors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Tractors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tow Tractors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tow Tractors revenues share in global market, 2021 (%)
Key companies Tow Tractors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tow Tractors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alke
Bradshaw Electric Vehicles
Eagle Tugs
Godrej Material Handling
Helge Nyberg AB
Hyster
JBT
Jungheinrich AG
Linde Material Handling
Motrec International Inc.
Polaris Inc.
Simai SPA
SPAN Trading LLC.
Taylor-Dunn
The Raymond Corporation
Toyota Material Handling