Terminal Tractor Market Driven by E-Commerce Boom and Sustainability Focus, Set to Top $2.3 Billion by 2032
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Terminal tractor market size to exceed $2.3 billion by 2032 due to rising demand for efficient transportation solutions in logistics and distribution.
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Hybrid-powered terminal tractors gaining traction due to versatility, reduced emissions and fuel costs.
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Warehousing segment to see high demand from expansion of e-commerce and distribution centers.
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Europe to witness rapid growth owing to sustainability focus and environmental regulations.
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Key terminal tractor companies include Capacity Trucks, TICO Tractors, Kalmar, Terberg, MAFI Transport, Sany Group, and Molcy.