Press release
Automotive Tow Bars Market to Reach USD 7.84 Billion by 2030, Fuelled by SUV Growth, RV Tourism, and EV Integration - Mordor Intelligence
Mordor Intelligence has published a new report on Automotive Tow Bars market offering a comprehensive analysis of trends, growth drivers, and future projections.Introduction
The Automotive Tow Bars Market [https://www.mordorintelligence.com/industry-reports/automotive-tow-bars-market?utm_source=abnewswire] is experiencing steady growth, with the market size projected to increase from USD 6.54 billion in 2025 to USD 7.84 billion by 2030, registering a CAGR of 3.89% during the forecast period. Growth is supported by rising SUV and pickup sales, increasing recreational vehicle ownership and caravan tourism, and stricter regional certification regulations reinforcing the need for compliant towing solutions. The adoption of electric vehicles and integration of towbar systems with modern vehicle platforms further contributes to market expansion. North America holds a significant share, driven by established trailer-sharing platforms and outdoor activity culture, while Asia-Pacific is emerging as the fastest-growing region due to rising vehicle ownership and infrastructure development.
Key Trends in the Automotive Tow Bars Market
Growth in Recreational Vehicle Ownership and Caravan Tourism: Expansion of the RV and caravan tourism sector is driving demand for certified towbar solutions, as consumers seek reliable towing capabilities for leisure and outdoor activities.
Rising SUV and Pickup Sales: Increasing sales of SUVs and pickup trucks, which often come with enhanced towing capabilities, support demand for both factory-fitted and aftermarket towbar solutions.
Stricter Regulatory Compliance Requirements: Regional certification mandates and safety standards for towing hardware are reinforcing demand for certified products, favoring established manufacturers.
OEM Integration and Electrification: Automakers are integrating lightweight, crash-tested towbar modules into new electric vehicle platforms to balance aerodynamic efficiency with towing utility.
Shift Toward Electrified and Automated Mechanisms: Fully electric retractable towbar systems are gaining popularity, particularly in premium vehicles, offering convenience, aesthetic integration, and advanced functionality.
Market Segmentation
By Type
*
Fixed
*
Detachable
*
Swiveling
*
Others
By Vehicle Type
*
Passenger Vehicle
*
Commercial Vehicle
By Sales Channel
*
OEM
*
Aftermarket
By Operating Mechanism
*
Manual/non-electric
*
Semi-Automatic
*
Fully Electric Retractable
By Geography
*
North America
*
Europe
*
Asia-Pacific
*
Latin America
*
Middle East and Africa
Major Players
*
Horizon Global Corporation
*
Bosal International N.V.
*
Brink Group B.V.
*
CURT Manufacturing LLC
*
Westfalia-Automotive GmbH
Conclusion
The Automotive Tow Bars Market is set for steady growth through 2030, driven by SUV and pickup truck penetration, recreational vehicle tourism, and regulatory emphasis on certified towing solutions. OEM integration and advanced electrified towbar systems are shaping future market trends, particularly in premium and electric vehicle segments. North America remains the leading region, while Asia-Pacific presents significant growth opportunities. Manufacturers focusing on regulatory compliance, lightweight design, and advanced integration are expected to maintain competitive advantages in the evolving towbar market.
Industry Related Reports
Automotive Chassis Market: [https://www.mordorintelligence.com/industry-reports/automotive-chassis-market?utm_source=abnewswire] The Automotive Chassis Market is analyzed across multiple segments, including chassis type, material type, vehicle type, propulsion type, sales channel, and geography. By chassis type, the market is categorized into ladder frame and monocoque designs. In terms of material, it covers steel, aluminum alloy, and other materials. The market is further segmented by vehicle type, encompassing passenger cars, light commercial vehicles, and others, as well as by propulsion type, including internal combustion engines and additional options. Sales channels are divided between original equipment manufacturers (OEMs) and the aftermarket. Market forecasts are presented in terms of value (USD), providing a comprehensive overview of the industry's growth and trends across different segments and regions.
Automotive Light Bars Market: [https://www.mordorintelligence.com/industry-reports/automotive-light-bars-market?utm_source=abnewswire] The Automotive Light Bars Market is segmented based on technology, installation type, vehicle type, sales channel, and geography. In terms of technology, the market includes halogen, HID, and LED light bars. Installation segments cover front, rear, side, and other mounting options. The market is also categorized by vehicle type, including passenger cars, commercial vehicles, and buses and coaches. Additionally, sales channels are divided between original equipment manufacturers (OEMs) and the aftermarket. Market forecasts are provided in terms of value (USD), offering a detailed outlook on industry growth and trends across these segments and regions.
Car Rack Market: [https://www.mordorintelligence.com/industry-reports/car-rack-market?utm_source=abnewswire] The Car Rack market is analyzed based on various application types, including roof racks, roof boxes, bike car racks, ski racks, and watersport carriers, providing insights into the diverse solutions available for vehicle cargo management. Additionally, the market is segmented geographically, covering key regions such as North America, Europe, Asia-Pacific, and the Rest of the World. The report offers a comprehensive assessment of the market size and provides forecasts in terms of value (USD), enabling a clear understanding of growth trends and regional dynamics across the global car rack industry.
About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
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