Automotive

Huge Rise in Demand for Heavy Commercial Vehicles in Asia Pacific Region to Boost Automotive Fifth Wheel Coupling Market Growth

A fifth wheel coupling in an automobile is a vehicle connecting component that connects a tractor unit to a semi-trailer, towing truck, and the dolly or leading trailer in vehicles with high load carrying capacities. This type of coupling gives the vehicle towing consistency and is commonly found in recreational trailers. In the coming years, the global market for automotive fifth wheel coupling is expected to grow at a promising rate.

Due to the implementation of advanced technologies to improve product quality and compliance with government regulations and policies to meet emission standards, automotive fifth wheel couplings are in high demand. The use of improved material technology in the production of automotive components increases component load capacity and strength.

Key Competitive Developments in the Global Automotive Fifth Wheel Couplings Market

LubeTronic 5Points are fifth gear couplings without top plate liners developed by JOST India. In fifth wheel couplings, the company has integrated a remote lubrication system. Lubrication intervals can be customized for on-site and long-distance traffic with the integration of this lubricating system. This system includes an electronic fill level control with an LED display, as well as enough lubrication for a year. The lubrication system maintains a constant quantity of grease, ensuring that the fifth wheel coupling plate and lockjaw are properly lubricated. This system is also suitable for vehicles carrying hazardous cargo.

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The demand for heavy commercial vehicles has increased as a result of the e-commerce boom, as goods transportation has increased. Increasing disposable income and the convenience of purchasing goods with a single swipe are expected to fuel the growth of the ecommerce industry, which will in turn boost sales of heavy commercial vehicles, resulting in growth of the global fifth wheel coupling market.

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)
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