Global terminal tractor market size is forecast to reach USD 1.78 billion by 2031 growing at 4.7% CAGR from 2026. Growth is driven by rising container throughput at seaports and inland terminals, increasing investments in port automation and yard efficiency, and the shift toward electric and autonomous terminal tractors to meet emissions regulations and reduce operating costs.
Hyderabad, Feb. 04, 2026 (GLOBE NEWSWIRE) — According to the latest report by Mordor Intelligence, the terminal tractor market size is valued at USD 1.41 billion in 2026, and is projected to reach nearly USD 1.78 billion by 2031, expanding at a 4.7% CAGR during 2026–2031. This Terminal Tractor market forecast reflects steady modernization across the Terminal Tractor industry, supported by faster adoption of electric terminal tractors, stricter emissions norms, and deeper collaboration between software providers and established OEMs to advance semi- and fully autonomous operations. While diesel-powered models still account for over 63% of global demand, battery-electric variants are growing the quickest as ports and logistics hubs push to lower emissions and operating costs. North America remains the largest revenue contributor, driven by regulatory pressure, whereas Asia-Pacific is the fastest-growing region, led by port automation in China and logistics infrastructure investments in India.
Terminal Tractors Market Trends and Growth Drivers
Tightening IMO and CARB Emissions Rules Accelerate Shift Toward Electric Yard Trucks:
Tougher emissions rules in California and at the international level are forcing ports to move away from diesel-powered yard equipment faster than planned. These Terminal Tractor market trends indicate that electric terminal tractors are emerging as a practical near-term solution since they can be deployed with minimal changes to existing port infrastructure. Large ports are already proving that zero-emission yard trucks can operate reliably alongside heavy container traffic, reinforcing confidence in the technology. With limited time to adapt, operators are increasingly prioritizing electric models despite higher upfront costs, accelerating adoption across the Terminal Tractor industry.
Green Hydrogen Demonstrations in European Ports Support Fuel-Cell Yard Tractor Adoption:
Ports in Northern Europe are testing hydrogen-powered yard trucks to address the limits of battery performance in cold-weather conditions. Fuel-cell systems offer quicker refuelling and better suitability for continuous, high-duty cycles where extended charging breaks are impractical. As hydrogen availability improves across the region, operators are leaning toward blended fleets, using battery units for routine shifts and fuel-cell trucks for longer, more demanding workloads. This strategy strengthens operational flexibility and supports broader Terminal Tractor market analysis focused on long-term decarbonization pathways.
Terminal Tractors Market Share by Region
North America continues to hold a strong position in the global landscape, accounting for a significant Terminal Tractor market share, supported by major port activity along the Gulf and West Coast and firm regulatory pushes toward zero-emission equipment. California is leading early transitions, while Canadian ports are expanding infrastructure to accommodate shifting Pacific trade flows. The region is also seeing faster integration of automation technologies as advances in autonomous driving software influence yard operations.
Asia-Pacific is emerging as the fastest-growing region for terminal tractors, supported by heavy investment in smart ports in China and large-scale logistics infrastructure programs in India. Automation is being rolled out at scale in major Chinese ports, while Southeast Asia is witnessing rising demand from newly developed terminals that can deploy modern equipment from inception.
Terminal Tractors Market Segmentation Insights
By Propulsion Type
- Diesel
- Hybrid
- Electric (BEV)
- CNG / LNG
- Hydrogen Fuel-Cell
By Vehicle Type
- Manual
- Semi-Automated
- Fully Autonomous
By Drive Configuration
- 4×2
- 4×4
- 6×4
By Tonnage Capacity
- Less than 50 Ton
- 50–100 Ton
- Greater than 100 Ton
By End-Use Industry
- Retail & E-commerce 3PL
- Food & Beverages
- Heavy Industry & Manufacturing
- Automotive OEM Yards
- Marine Ports Industry
- Oil and Gas Industry
- Logistics Industry
- Others (Rail Logistics Yards, etc.)
Companies in the Terminal Tractor Industry
- Kalmar (Cargotec Corp.)
- Konecranes Inc.
- Terberg Group BV
- TICO Tractors
- Mafi Transport-Systeme GmbH
- Sany Heavy Industry Co. Ltd.
- Volvo AB
- MOL CY NV
- BYD Auto Co. Ltd.
- Orange EV
- Hoist Liftruck Mfg.
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