NEW YORK, Oct. 2, 2022 /PRNewswire/ -- The Automotive Tow Bars Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive tow bars market between 2022 and 2026 is USD 1.21 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Buy Sample Report.
- Market Driver
- Market Challenges
The market expansion for automobile tow bars is primarily driven by tow bars that function as the best towing equipment. The application benefits of tow bars, which make them exceptional towing equipment, are what essentially drives the global market for vehicle tow bars. One of the most popular pieces of aftermarket towing equipment for towing applications is automotive tow bars.
Operators of trailers, flat-bed pickup trucks, and SUVs typically employ tow bars since these vehicles typically have greater pulling power. Tow bars are a simple piece of towing equipment that takes little effort and installation time to place on a vehicle's rear bumper. However, factors such as the slowdown in automobile sales worldwide will challenge market growth. Request Free Sample Report.
The automotive tow bars market report is segmented by Type (nonretractable and retractable) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa). North America will be the leading region with 40% of the market's growth during the forecast period.
The major market vendors are A1 Towing Ltd., ACPS Automotive GmbH, AL KO SE, Anker Towbars Ltd., Bosal Nederland BV, BTA Towing Equipment, CURT Manufacturing LLC, David Murphy Towing, GDW NV, Hayman Reese, Horizon Global Corp, LKQ Specialty Products Group, McCabe Towbars, North Shore Towbars, PCT Automotive Ltd, Pulliam Enterprises Inc, ROADMASTER Inc, SUN AUTOMOBILE Co Ltd, Tow-Trust Towbars Ltd., and Weigh Safe.
- A1 Towing Ltd.: The company offers automotive tow bars such as fixed flange ball tow bars, and fixed swan neck tow bars.
- ACPS Automotive GmbH: The company offers automotive tow bars such as retractable tow bars, and detachable tow bars.
- AL KO SE: The company offers machines, pressed parts, and welded assemblies for the automotive industry.
- Bosal Nederland BV: The company offers various types of Exhaust Systems such as Catalytic Converters, Diesel Particulate Filters, and others.
- CURT Manufacturing LLC: the company manufactures towing products such as towing trailer hitches, ball mounts, cargo management, security, and electrical products.
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Automotive Tow Bars Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 4.15% |
Market growth 2022-2026 |
$1.21 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.05 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
A1 Towing Ltd., ACPS Automotive GmbH, AL KO SE, Anker Towbars Ltd., Bosal Nederland BV, BTA Towing Equipment, CURT Manufacturing LLC, David Murphy Towing, GDW NV, Hayman Reese, Horizon Global Corp, LKQ Specialty Products Group, McCabe Towbars, North Shore Towbars, PCT Automotive Ltd, Pulliam Enterprises Inc, ROADMASTER Inc, SUN AUTOMOBILE Co Ltd, Tow-Trust Towbars Ltd., and Weigh Safe |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Non retractable - Market size and forecast 2021-2026
- Exhibit 28: Chart on Non retractable - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Non retractable - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Non retractable - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Non retractable - Year-over-year growth 2021-2026 (%)
- 5.4 Retractable - Market size and forecast 2021-2026
- Exhibit 32: Chart on Retractable - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Retractable - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Retractable - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Retractable - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Canada - Market size and forecast 2021-2026
- Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 A1 Towing Ltd.
- Exhibit 89: A1 Towing Ltd. - Overview
- Exhibit 90: A1 Towing Ltd. - Product / Service
- Exhibit 91: A1 Towing Ltd. - Key offerings
- 10.4 ACPS Automotive GmbH
- Exhibit 92: ACPS Automotive GmbH - Overview
- Exhibit 93: ACPS Automotive GmbH - Product / Service
- Exhibit 94: ACPS Automotive GmbH - Key offerings
- 10.5 Bosal Nederland BV
- Exhibit 95: Bosal Nederland BV - Overview
- Exhibit 96: Bosal Nederland BV - Product / Service
- Exhibit 97: Bosal Nederland BV - Key news
- Exhibit 98: Bosal Nederland BV - Key offerings
- 10.6 David Murphy Towing
- Exhibit 99: David Murphy Towing - Overview
- Exhibit 100: David Murphy Towing - Product / Service
- Exhibit 101: David Murphy Towing - Key offerings
- 10.7 Hayman Reese
- Exhibit 102: Hayman Reese - Overview
- Exhibit 103: Hayman Reese - Product / Service
- Exhibit 104: Hayman Reese - Key offerings
- 10.8 Horizon Global Corp
- Exhibit 105: Horizon Global Corp - Overview
- Exhibit 106: Horizon Global Corp - Business segments
- Exhibit 107: Horizon Global Corp - Key offerings
- Exhibit 108: Horizon Global Corp - Segment focus
- 10.9 LKQ Specialty Products Group
- Exhibit 109: LKQ Specialty Products Group - Overview
- Exhibit 110: LKQ Specialty Products Group - Product / Service
- Exhibit 111: LKQ Specialty Products Group - Key offerings
- 10.10 PCT Automotive Ltd
- Exhibit 112: PCT Automotive Ltd - Overview
- Exhibit 113: PCT Automotive Ltd - Product / Service
- Exhibit 114: PCT Automotive Ltd - Key offerings
- 10.11 Pulliam Enterprises Inc
- Exhibit 115: Pulliam Enterprises Inc - Overview
- Exhibit 116: Pulliam Enterprises Inc - Product / Service
- Exhibit 117: Pulliam Enterprises Inc - Key offerings
- 10.12 ROADMASTER Inc
- Exhibit 118: ROADMASTER Inc - Overview
- Exhibit 119: ROADMASTER Inc - Product / Service
- Exhibit 120: ROADMASTER Inc - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 121: Inclusions checklist
- Exhibit 122: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 123: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 124: Research methodology
- Exhibit 125: Validation techniques employed for market sizing
- Exhibit 126: Information sources
- 11.5 List of abbreviations
- Exhibit 127: List of abbreviations
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SOURCE Technavio
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