Press release
Global towing equipment market to grow at a CAGR of 6.13% during the period 2017-2021
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Description
Towing equipment includes devices and accessories fitted on a vehicle for the purpose of attaching a camper, trailer, etc. Towing equipment includes fifth wheels, hitches, gooseneck hitches, and wiring harnesses for drawbars, weight distribution systems, crossbars, tow sling, tow dollies, ball mounts, towbars, and other towing accessories such as chains, straps, hitch locks, hitch covers, hitch aligners, hitch adapters, fifth-wheel hitch adapters, and anti-rattles.
Technavios analysts forecast the global towing equipment market to grow at a CAGR of 6.13% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global towing equipment market for 2017-2021. To calculate the market size, the report considers new sales and retrofit market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Towing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BOSAL
Brink Group
CURT Manufacturing
Demco
Horizon Global
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Other prominent vendors
Andersen Hitches
B&W Trailer Hitches
Blue Ox
Butler Products
Buyers Products
CAMCO MANUFACTURING
Cat's Head Industries (Lynx Engineering)
Denray Products
Fastway Trailer
Hopkins Manufacturing Corporation
Husky Liners
Inventive Products
MAXXHAUL TOWING PRODUCTS
Mumby Manufacturing
My Air Hitch
PopUp Hitch
Progress Mfg.
PullRite
Rigid Hitch
Thule Group
Torklift International
TRIMAX LOCKS
U-Haul
Weigh Safe
Westin Automotive
Winston Products (TowSmart)
Market driver
Increasing motorization in emerging countries
For a full, detailed list, view our report
Market challenge
Increasing cost of transporting freight through trucks
For a full, detailed list, view our report
Market trend
Increase in private label brands
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global towing equipment segmentation by application
Global towing equipment market in passenger car segment
Global towing equipment market in commercial vehicles segment
PART 07: Geographical segmentation
Global towing equipment segmentation by geography
Towing equipment market in APAC
Towing equipment market in EMEA
Towing equipment market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Consolidation in the industry and distribution channels
Growth of online capabilities
Increase in private label brands
Outsourcing of design and manufacturing of vehicle parts and systems
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors
PART 12: Key vendor analysis
BOSAL
Brink Group
CURT Manufacturing
Demco
Horizon Global
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Regional growth matrix 2016-2021
Exhibit 02: Values represented in the regional growth matrix
Exhibit 03: Application segment growth matrix 2016-2021
Exhibit 04: Values represented in the application segment growth matrix
Exhibit 05: Global towing equipment market segmentation
Exhibit 06: Global towing equipment market 2016-2021 ($ millions)
Exhibit 07: Global sales of new vehicles 2011-2016 (units)
Exhibit 08: Average annual wages in OECD countries at 2015 USD exchange rates 2010-2015 ($)
Exhibit 09: Long-term interest rates 2014-2016 (percentage per annum)
Exhibit 10: Five forces analysis
Exhibit 11: Global towing equipment segmentation by application 2016 and 2021 (%)
Exhibit 12: Global towing equipment market in the passenger car segment 2016-2021 ($ millions)
Exhibit 13: Global passenger car sales growth rate 2006-2016 (%)
Exhibit 14: Global towing equipment market in the commercial vehicles segment 2016-2021 ($ millions)
Exhibit 15: Global commercial vehicle sales growth rate 2006-2016 (%)
Exhibit 16: Global construction market 2016-2021 ($ trillions)
Exhibit 17: Global towing equipment segmentation by geography 2016 and 2021 (%)
Exhibit 18: Towing equipment market in APAC 2016-2021 ($ millions)
Exhibit 19: Towing equipment market in EMEA 2016-2021 ($ millions)
Exhibit 20: Towing equipment market in the Americas 2016-2021 ($ millions)
Exhibit 21: Commercial vehicle sales growth in the Americas 2006-2016 (%)
Exhibit 22: Passenger car sales growth in the Americas 2006-2016 (%)
Exhibit 23: Global users of Internet by regions 2016 (% share)
Exhibit 24: Global exports of merchandise goods 2010-2015 ($ trillions)
Exhibit 25: Global imports of merchandise goods 2010-2015 ($ trillions)
Exhibit 26: Growth in steel prices 2011-2019 (%)
Exhibit 27: Global GDP growth rate 2000-2015 (%)
Exhibit 28: BOSAL: Key divisions
Exhibit 29: BOSAL in the global towing equipment market
Exhibit 30: BOSAL: Recent developments
Exhibit 31: Brink Group: Key products in the global towing equipment market
Exhibit 32: Brink Group: Recent developments
Exhibit 33: CURT Manufacturing: Key products and services
Exhibit 34: CURT Manufacturing in the global towing equipment market
Exhibit 35: CURT Manufacturing: Recent developments
Exhibit 36: Demco: Key products and services
Exhibit 37: Demco in the global towing equipment market
Exhibit 38: Demco: Recent developments
Exhibit 39: Horizon Global: Brands
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