Trailer Landing Gear Market Size, Share, Growth Analysis, By Type (Automatic, Manual), By Sales Channel (OEM, Aftermarket), By Lifting Capacity, By Region - Industry Forecast 2025-2032

Global Trailer Landing Gear Market size was valued at USD 241.1 million in 2023 and is poised to grow from USD 253.16 million in 2024 to USD 374.03 million by 2032, growing at a CAGR of 5.0% during the forecast period (2025-2032).

The manual landing gear market is anticipated to reach approximately $150 million by 2019, driven by its robust design and extended lifespan. Traditionally constructed from durable and cost-effective stainless steel, manufacturers are now exploring lighter alternatives like extruded aluminum and polyester-coated HSLA steel. A projected 5.2% growth in the trailer landing gear market by OEM segments is fueled by increased trailer production to meet logistics demands, with low failure rates due to compliance with manufacturer specifications. Notably, the segment for landing gears with under 20,000 lbs. lifting capacity is expected to grow over 4.5% by 2028, influenced by the shift toward lightweight designs for electric heavy-duty trucks. In Europe, the trailer landing gear market is set for a CAGR of 4.9% from 2022 to 2028, despite disruptions caused by the COVID-19 pandemic impacting supply chains.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Trailer Landing Gear market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Trailer Landing Gear Market Segmental Analysis

Global Trailer Landing Gear Market is segmented by Type, Sales Channel, Lifting Capacity and region. Based on Type, the market is segmented into Automatic and Manual. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Lifting Capacity, the market is segmented into Less than 20,000 lbs., 20,000 lbs. to 50,000 lbs. and Above 50,000 lbs.. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Trailer Landing Gear Market

The Global Trailer Landing Gear market is primarily propelled by the escalating demand for new trailers and trucks, which is expected to surge due to stringent government regulations aimed at reducing carbon emissions. This regulatory pressure is fueling the installation of truck landing gears in both new and existing trailers. Additionally, the rising preference for lightweight landing gear solutions, coupled with significant growth in the transportation of oil and milk via tankers, further supports market expansion. Moreover, the booming e-commerce sector and the increasing size of trailer fleets are important factors that will contribute positively to the growth trajectory of the global truck landing gear market in the coming years.

Restraints in the Global Trailer Landing Gear Market

The Global Trailer Landing Gear market faces significant restraints primarily due to the production of oversized and heavy semi-trailers, which contributes to increased truck weight and larger turning radii, requiring more skilled drivers. This complexity in handling semi-trailer trucks poses challenges that could deter market growth. Additionally, the limitations imposed by inadequate road infrastructure and insufficient investments in transportation improvements further constrain demand for road freight services. As these factors collectively hinder developments in the truck and trailer landing gear sector, they are expected to negatively affect market performance throughout the forecast period.

Market Trends of the Global Trailer Landing Gear Market

The Global Trailer Landing Gear market is experiencing significant growth, fueled by rising truck and trailer production to meet heightened demand. Particularly, Mexico's flourishing economy, marked by increased automobile manufacturing, is benefiting from resource availability and favorable trade agreements, ultimately boosting auto parts suppliers, including trailer landing gear manufacturers. This upward trend necessitates the development of new distribution networks to effectively cater to the expanding aftermarket services for trailer landing gear. Increasing logistics and transportation needs further amplify this market momentum, driving innovation and competitive dynamics among key players in the industry, paving the way for sustained growth in the coming years.