Fifth Wheel Coupling Market Scenario Revenue to Expand 6.0% over 2018- 2028

1. Fifth Wheel Coupling Market is Expected To Valued At 1,007.7 Mn By 2028 April 2018 Report Id : REP-GB-6035 Status : Publish Category : Automotive & Transportation ©2015 Future Market Insights, All Rights Reserved

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3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

4. Fifth Wheel Coupling Market Analysis Future Market Insights (FMI) has published a new report on the fifth wheel coupling market titled “Fifth Wheel Coupling Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growing focus on enhancing safety features and utilising tough materials for fifth wheel coupling is expected to escalate the rate of adoption in the global market. The players operating in the market have been channelizing efforts towards strengthening their distribution channels while also focussing on direct sales. According to the report, the global Fifth Wheel Coupling Market is expected to witness a CAGR of 6.0% from 2018 to 2028. The market was worth US$ 534.0 Mn in 2017 and is projected to reach a valuation of US$ 1,007.7 Mn by the end of 2028. The companies operating in the market are strategically focussing on mergers and acquisitions to retain their position. For instance, in September 2016, SAF-Holland S.A acquired a 57.5% share in KLL, a manufacturer of trailers, trucks and buses. This is estimated to boost the market value share of the company in the global market. The other leading companies operating in the global fifth wheel coupling market are JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd., Zhenjiang Baohua Semi- Trailer Parts Co. Ltd., Fontaine Fifth Wheel, and Tulga Fifth Wheel Co., among others. ©2015 Future Market Insights, All Rights Reserved 4

5. Fifth Wheel Coupling Market Analysis Use of Lightweight Material in Manufacturing to Increase Adoption of Fifth Wheel Coupling The acceptance of advanced material technology in the manufacturing of automobile components escalates the load capacity as well as the strength of the component. The augmented load capacity of fifth wheel couplings leads to a rise in the productivity, which in turn is likely to bolster the growth of the fifth wheel coupling market over the years ahead. Furthermore, stern emission standards in countries such as Italy, the U.K., the U.S., and Germany are persuading automotive manufacturers to manufacture fuel efficient vehicles. Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/REP-GB- 6035 For achieving a fuel efficient economy, auto makers are trying to reduce the weight of vehicles and their components, which is expected to support the demand for lightweight automotive fifth wheel couplings in the coming years. These advanced material fifth wheel couplings are comparatively light in weight and are known to increase the durability and performance of vehicles. ©2015 Future Market Insights, All Rights Reserved 5

6. Fifth Wheel Coupling Market Analysis Growing Penetration of Forged Products to Hinder Market Growth in Developing Automotive Markets The automotive fifth wheel coupling market has been pugnacious against sham products and the supply of components over grey market trading. The counterfeit products are dearth of quality standards and are a threat for the safety of both the passengers and the vehicle. This factor is likely to pose a grave challenge for the fifth wheel coupling market in the coming years. Moreover, this may cause a severe monetary slowdown of companies operating in the fifth wheel coupling market by upsetting their aftermarket sales. Any reduction in aftermarket sales is likely to adversely impact revenue growth of the fifth wheel coupling market. ©2015 Future Market Insights, All Rights Reserved 6

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