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Global Automotive Fifth Wheel Coupling Market Investigation & Development Trends Analyzed till 2027
Automotive fifth wheel couplings are witnessing significant demand due to implementation of advanced technologies to improve product quality and compliance with government regulations and policies to meet emission standards


Fact.MR
BriefingWire.com, 9/13/2018 - Automotive fifth wheel coupling refers to a vehicle connecting component used for connecting a tractor unit with the semi-trailer, towing truck, and the dolly or the leading trailer in vehicles that are expected to possess high load carrying capacities. This sort of coupling provides towing constancy to the vehicle and is often found in recreational trailers as well. The global market for automotive fifth wheel coupling is expected to expand at a promising pace in the next few years.

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The increased focus on the safety of goods transported in trailers, increased demand for reducing damage of goods transported, and the vast rise in regional transport of goods in the past few years has necessitated the development of advanced fifth wheel coupling systems. The trend is expected to remain strong in the near future as well, driving the demand for more advanced fifth wheel coupling units for vehicles in the next few years.

Global Automotive Fifth Wheel Couplings Market: Key Developments in Competitive Landscape

JOST India has developed LubeTronic 5Points for fifth gear couplings without top plate liners. The company has integrated remote lubricating system in fifth wheel couplings. With the integration of this lubricating system, lubrication intervals can be customized for use in on-site traffic and long distance traffic. This system provides sufficient lubrication for 1 year and comes with electronic fill level control with an LED display. The lubrication system keeps quantity of grease constant, providing consistent lubrication for the fifth wheel coupling plate and the lockjaw.

Global Automotive Fifth Wheel Couplings Market: Opportunities for Market Participants

According to Recreation Vehicle Industry Association, RV shipments has been witnessing significant growth since the industry has bounced back from the effects of great recession. RV industry is witnessing high y-o-y growth from past 6 years and is likely to continue its expansion. This is likely to positively influence the growth of automotive fifth wheel coupling market.

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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study.

Highlights from the Report

Elaborated scenario of the parent market

Transformations in the market dynamics

Detailed segmentation of the target market

Historical, current and forecast market size based on value and volume

Latest industry developments and trends

Competition landscape

Strategies adopted by the market players and product developments made

Potential and niche segments, along with their regional analysis

Unbiased analysis on performance of the market

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