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Automotive Towbar Market By Product Type (Fixed Towbar, Detachable Towbar, and Others) and By Application (Passenger Vehicles, and Commercial Vehicles): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

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Automotive Towbar Market

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Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the automotive towbar industry. The report analyzes and declares the historical and current trends analysis of the automotive towbar industry and subsequently recommends the projected trends anticipated to be observed in the automotive towbar market during the upcoming years.

The automotive towbar market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire automotive towbar market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the automotive towbar industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the automotive towbar industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the automotive towbar market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the automotive towbar industry. The automotive towbar market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the automotive towbar sector. Key strategic developments in the automotive towbar market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the automotive towbar market are appropriately highlighted in the report.

The globalization trend has improved the per capita income in developing countries. It has raised consumer spending over luxurious things. This resulted in an increase in the production of vehicles in the countries. The rise in the number of vehicles has pushed the sales of various auto-components. Therefore, all the above forces are fueling the demand for automotive towbars in the market.

The rise in public awareness for safety has accelerated the demand for autonomous vehicles. So, manufacturers are heavily investing in designing autonomous cars. Simultaneously, it is important for manufacturers to provide a safer road environment by enhancing various controlling power of the towbars. Hence, it has been anticipated that the high demand for autonomous vehicles will boost the sales of automotive towbars and propel the growth of the global automotive towbar market over the analysis period.

The automotive towbar market research report delivers an acutevaluationand taxonomy of the automotive towbar industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the automotive towbar industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the automotive towbar industry is provided for the leading economies of the world.

The automotive towbar market is segmented based on type and application.  On the basis of product type segmentation, the market is classified into fixed towbar, detachable towbar, among others. Furthermore, the application segment is categorized into passenger vehicles and commercial vehicles.

Some of the essential players operating in the automotive towbar market, but not restricted to include BOSAL, Horizon Global, PCT Automotive Ltd., MVG, ACS Systems BV, DexKo Global Inc., CURT Manufacturing, and Thule Group among others.

logoThe taxonomy of the automotive towbar market by its scope and segmentation is as follows:

logoGlobal Automotive Towbar Market: By Type Segment Analysis

  • Fixed Towbar
  • Detachable Towbar
  • Others

logoGlobal Automotive Towbar Market: By Application Segment Analysis

  • Passenger Vehicles
  • Commercial Vehicles

logoGlobal Automotive Towbar Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
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Covid-19

Automotive Towbar Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Automotive Towbar market – Type Analysis
    1. 2.1. Global Automotive Towbar Market – Type Overview
    2. 2.2. Global Automotive Towbar Market Share, by Type, 2019 & 2026 (USD Million)
    3. 2.3. Fixed Towbar
      1. 2.3.1. Global Fixed Towbar Automotive Towbar Market, 2019-2026 (USD Million)
    4. 2.4. Detachable Towbar
      1. 2.4.1. Global Detachable Towbar Automotive Towbar Market, 2019-2026 (USD Million)
    5. 2.5. Others
      1. 2.5.1. Global Others Automotive Towbar Market, 2019-2026 (USD Million)
  3. CHAPTER 3. Automotive Towbar market – Application Analysis
    1. 3.1. Global Automotive Towbar Market – Application Overview
    2. 3.2. Global Automotive Towbar Market Share, by Application, 2019 & 2026 (USD Million)
    3. 3.3. Passenger Vehicles
      1. 3.3.1. Global Passenger Vehicles Automotive Towbar Market, 2019-2026 (USD Million)
    4. 3.4. Commercial Vehicles
      1. 3.4.1. Global Commercial Vehicles Automotive Towbar Market, 2019-2026 (USD Million)
  4. CHAPTER 4. Automotive Towbar market – Regional Analysis
    1. 4.1. Global Automotive Towbar Market Regional Overview
    2. 4.2. Global Automotive Towbar Market Share, by Region, 2019 & 2026 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Automotive Towbar Market size and forecast, 2019-2026
      2. 4.3.2. North America Automotive Towbar Market, by Country, 2019 & 2026 (USD Million)
      3. 4.3.3. North America Automotive Towbar Market, by Type, 2019-2026
      4. 4.3.4. North America Automotive Towbar Market, by Application, 2019-2026
      5. 4.3.5. U.S.
      6. 4.3.6. Canada
    4. 4.4. Europe
      1. 4.4.1. Europe Automotive Towbar Market size and forecast, 2019-2026
      2. 4.4.2. Europe Automotive Towbar Market, by Country, 2019 & 2026 (USD Million)
      3. 4.4.3. Europe Automotive Towbar Market, by Type, 2019-2026
      4. 4.4.4. Europe Automotive Towbar Market, by Application, 2019-2026
      5. 4.4.5. Germany
      6. 4.4.6. France
      7. 4.4.7. U.K.
      8. 4.4.8. Italy
      9. 4.4.9. Spain
      10. 4.4.10. Rest of Europe
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Automotive Towbar Market size and forecast, 2019-2026
      2. 4.5.2. Asia Pacific Automotive Towbar Market, by Country, 2019 & 2026 (USD Million)
      3. 4.5.3. Asia Pacific Automotive Towbar Market, by Type, 2019-2026
      4. 4.5.4. Asia Pacific Automotive Towbar Market, by Application, 2019-2026
      5. 4.5.5. China
      6. 4.5.6. Japan
      7. 4.5.7. India
      8. 4.5.8. South Korea
      9. 4.5.9. South-East Asia
      10. 4.5.10. Rest of Asia Pacific
    6. 4.6. Latin America
      1. 4.6.1. Latin America Automotive Towbar Market size and forecast, 2019-2026
      2. 4.6.2. Latin America Automotive Towbar Market, by Country, 2019 & 2026 (USD Million)
      3. 4.6.3. Latin America Automotive Towbar Market, by Type, 2019-2026
      4. 4.6.4. Latin America Automotive Towbar Market, by Application, 2019-2026
      5. 4.6.5. Brazil
      6. 4.6.6. Mexico
      7. 4.6.7. Rest of Latin America
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Automotive Towbar Market size and forecast, 2019-2026
      2. 4.7.2. The Middle-East and Africa Automotive Towbar Market, by Country, 2019 & 2026 (USD Million)
      3. 4.7.3. The Middle-East and Africa Automotive Towbar Market, by Type, 2019-2026
      4. 4.7.4. The Middle-East and Africa Automotive Towbar Market, by Application, 2019-2026
      5. 4.7.5. GCC Countries
      6. 4.7.6. South Africa
      7. 4.7.7. Rest of Middle-East Africa
  5. CHAPTER 5. Automotive Towbar market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. Thule Group
      1. 6.1.1. Company Overview
      2. 6.1.2. Thule Group Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. BOSAL
      1. 6.2.1. Company Overview
      2. 6.2.2. BOSAL Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. Horizon Global
      1. 6.3.1. Company Overview
      2. 6.3.2. Horizon Global Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. PCT Automotive Ltd.
      1. 6.4.1. Company Overview
      2. 6.4.2. PCT Automotive Ltd. Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. MVG
      1. 6.5.1. Company Overview
      2. 6.5.2. MVG Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. ACS Systems BV
      1. 6.6.1. Company Overview
      2. 6.6.2. ACS Systems BV Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    7. 6.7. DexKo Global Inc.
      1. 6.7.1. Company Overview
      2. 6.7.2. DexKo Global Inc. Revenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    8. 6.8. CURT Manufacturing
      1. 6.8.1. Company Overview
      2. 6.8.2. CURT Manufacturing Revenue and Gross Margin
      3. 6.8.3. Product portfolio
      4. 6.8.4. Recent initiatives
    9. 6.9. Others
      1. 6.9.1. Company Overview
      2. 6.9.2. Others Revenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
  7. CHAPTER 7. Automotive Towbar — Industry Analysis
    1. 7.1. Automotive Towbar Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Automotive Towbar Market – Attractiveness Analysis
      1. 7.4.1. By Type
      2. 7.4.2. By Application
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models

      List of Figures

      FIG. 1 Global Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 2 Global Automotive Towbar Market Share, by Type, 2019 & 2026 (USD Million)
      FIG. 3 Global Fixed Towbar Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 4 Global Detachable Towbar Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 5 Global Others Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 6 Global Automotive Towbar Market Share, by Application, 2019 & 2026 (USD Million)
      FIG. 7 Global Passenger Vehicles Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 8 Global Commercial Vehicles Automotive Towbar Market, 2019-2026 (USD Million)
      FIG. 9 Global Automotive Towbar Market Share, by Region, 2019 & 2026
      FIG. 10 North America Automotive Towbar Market, 2019-2026
      FIG. 11 U.S. Automotive Towbar Market, 2019-2026
      FIG. 12 Canada Automotive Towbar Market, 2019-2026
      FIG. 13 Europe Automotive Towbar Market, 2019-2026
      FIG. 14 Germany Automotive Towbar Market, 2019-2026
      FIG. 15 France Automotive Towbar Market, 2019-2026
      FIG. 16 U.K. Automotive Towbar Market, 2019-2026
      FIG. 17 Italy Automotive Towbar Market, 2019-2026
      FIG. 18 Spain Automotive Towbar Market, 2019-2026
      FIG. 19 Rest of Europe Automotive Towbar Market, 2019-2026
      FIG. 20 Asia Pacific Automotive Towbar Market, 2019-2026
      FIG. 21 China Automotive Towbar Market, 2019-2026
      FIG. 22 Japan Automotive Towbar Market, 2019-2026
      FIG. 23 India Automotive Towbar Market, 2019-2026
      FIG. 24 South  Korea Automotive Towbar Market, 2019-2026
      FIG. 25 South-East Asia Automotive Towbar Market, 2019-2026
      FIG. 26 Rest of Asia Pacific Automotive Towbar Market, 2019-2026
      FIG. 27 Latin America Automotive Towbar Market, 2019-2026
      FIG. 28 Brazil Automotive Towbar Market, 2019-2026
      FIG. 29 Mexico Automotive Towbar Market, 2019-2026
      FIG. 30 Rest of Latin America Automotive Towbar Market, 2019-2026
      FIG. 31 The Middle-East and Africa Automotive Towbar Market, 2019-2026
      FIG. 32 GCC Countries Automotive Towbar Market, 2019-2026
      FIG. 33 South Africa Automotive Towbar Market, 2019-2026
      FIG. 34 Rest of Middle-East Africa Automotive Towbar Market, 2019-2026
      FIG. 35 Competitor Market Share – Revenue
      FIG. 36 Thule Group Revenue and Growth Rate
      FIG. 37 Thule Group Market Share
      FIG. 38 BOSAL Revenue and Growth Rate
      FIG. 39 BOSAL Market Share
      FIG. 40 Horizon Global Revenue and Growth Rate
      FIG. 41 Horizon Global Market Share
      FIG. 42 PCT Automotive Ltd. Revenue and Growth Rate
      FIG. 43 PCT Automotive Ltd. Market Share
      FIG. 44 MVG Revenue and Growth Rate
      FIG. 45 MVG Market Share
      FIG. 46 ACS Systems BV Revenue and Growth Rate
      FIG. 47 ACS Systems BV Market Share
      FIG. 48 DexKo Global Inc. Revenue and Growth Rate
      FIG. 49 DexKo Global Inc. Market Share
      FIG. 50 CURT Manufacturing Revenue and Growth Rate
      FIG. 51 CURT Manufacturing Market Share
      FIG. 52 Others Revenue and Growth Rate
      FIG. 53 Others Market Share
      FIG. 54 Market Dynamics
      FIG. 55 Global Automotive Towbar – Value Chain Analysis
      FIG. 56 Technology Roadmap and Timeline
      FIG. 57 Market Attractiveness Analysis – By Type
      FIG. 58 Market Attractiveness Analysis – By Application
      FIG. 59 Market Attractiveness Analysis – By Region
      FIG. 60 Market Channel
      FIG. 61 Marketing Channel Development Trend
      FIG. 62 Growth in World Gross Product, 2008-2019

      List of Tables

      TABLE 1 Global Automotive Towbar Market, 2019 & 2026 (USD Million)
      TABLE 2 Global Automotive Towbar market, by Type, 2019-2026 (USD Million)
      TABLE 3 Global Automotive Towbar market, by Application, 2019-2026 (USD Million)
      TABLE 4 Global Automotive Towbar market, by Region, 2019-2026 (USD Million)
      TABLE 5 North America Automotive Towbar Market, by Type, 2019-2026 (USD Million)
      TABLE 6 North America Automotive Towbar Market, by Application, 2019-2026 (USD Million)
      TABLE 7 Europe Automotive Towbar Market, by Type, 2019-2026 (USD Million)
      TABLE 8 Europe Automotive Towbar Market, by Application, 2019-2026 (USD Million)
      TABLE 9 Asia Pacific Automotive Towbar Market, by Type, 2019-2026 (USD Million)
      TABLE 10 Asia Pacific Automotive Towbar Market, by Application, 2019-2026 (USD Million)
      TABLE 11 Latin America Automotive Towbar Market, by Type, 2019-2026 (USD Million)
      TABLE 12 Latin America Automotive Towbar Market, by Application, 2019-2026 (USD Million)
      TABLE 13 The Middle-East and Africa Automotive Towbar Market, by Type, 2019-2026 (USD Million)
      TABLE 14 The Middle-East and Africa Automotive Towbar Market, by Application, 2019-2026 (USD Million)
      TABLE 15 Global Automotive Towbar Market - Company Revenue Analysis 2019-2019 (USD Million)
      TABLE 16 Global Automotive Towbar Market - Company Revenue Share Analysis 2019-2019(%)
      TABLE 17 Acquisitions and Mergers
      TABLE 18 New Product/Service Launch
      TABLE 19 Research & Development Activities
      TABLE 20 Market Drivers
      TABLE 21 Market Restraints
      TABLE 22 Market Opportunities

Covid-19

Automotive Towbar Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

logoKey Insights from Primary Research

  • As per our primary respondents, the global automotive towbar market is set to grow annually at a rate of around 3%
  • It was established through the primary interview that the automotive towbar market was valued at around USD 25500Million in 2019.
  • North America is presently holding the largest revenue share among all the regions and is further expected to maintain its position throughout the forecast period.
  • The “detachable towbars” category, on the basis of product type, is the leading revenue-generating category over the past years.
  • On the basis of application segmentation, the “passenger vehicle” application holds the major market share.

logoKey Recommendations from Analysts

  • As per our analysts, the global automotive towbar market is expected to grow significantly over the forecast period.
  • The strategic and competitive advantage provided by the detached towbars is anticipated to be the key factor driving this market globally
  • Our team of analysts has identified, electric vehicles will provide potential opportunities for the players operating in this market.
  • In recent years, an increase in the production of passenger vehicles is driving this market.
  • Overall, the global market has the potential to grow owing to its rise in advancements of autonomous mobility solutions.

logoAutomotive Towbar Market Size - Product Type Level

logoAutomotive Towbar Market

Covid-19

Automotive Towbar Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • BOSAL
  •  Horizon Global
  •  PCT Automotive Ltd.
  •  MVG
  •  ACS Systems BV
  •  DexKo GLobal Inc.
  •  CURT Manufacturing and Thule Group

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Automotive Towbar Market.
According to Facts and Factors research report, the global Automotive Towbar Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Automotive Towbar Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Automotive Towbar Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Automotive Towbar Market in North America over coming decade.
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