Automotive Fifth Wheel Coupler Market Growth, Size, Share and Forecast to 2020

Technavio Announces the Publication of its Research Report Global Automotive Fifth-Wheel Coupler Market 2016-2020

Technavio recognizes the following companies as the key players in the global automotive fifth-wheel coupler market: Fontaine Fifth Wheel, Hitch Corner, SAF-HOLLAND, and JOST.

Other Prominent Vendors in the market are: Eidal International, and Tulga Fifth Wheel.

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Commenting on the report, an analyst from Technavios team said: Armored fifth-wheel designs for yard tractors will be a key trend for market growth. In the era of technological advances in fifth-wheel designs and configurations, Fontaine Fifth Wheel has introduced the Armor fifth-wheel for yard tractors. It is designed in a way that makes it stronger and simpler, and is protected from kingpin impairment. It can be ordered on new tractors or can be fitted to existing competitor brackets in the aftermarket. It is designed from the ground up to meet the unique demands of the market after a thorough life cycle testing at the company's R&D center in the US.”

According to the report, one of the key drivers for market growth will be increased agricultural practices leading to automation in farming. The demand for global agricultural equipment has fluctuated since the 2008 recession, but the market was flat in terms of production as well as revenues — especially in developed regions — but, demand remained positive in emerging nations. While the market felt the effects of the recession till late 2011, it witnessed significant growth in 2013 and 2014; however, the demand for agriculture equipment declined in 2015.

Further, the report states that given that fifth-wheel couplings are safety critical items, they should be visually inspected regularly as part of driver's daily walk-around check. Checking lubrication and visual inspection is the minimum...