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Automobile Towing in the US
IBISWorld, Aug 2011, Pages: 30
Speed bump: Demand for towing will rise, though more efficient cars will partly offset growth
Automobile Towing in the US
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Growth in disposable income will benefit this industry as consumers purchase more vehicles. Furthermore, individuals will drive more in response to a better employment rate, strengthening demand for towing services. However, the rise in new and more efficient cars will slightly offset revenue growth. Additionally, a rise in fuel costs can adversely affect industry operators, if consumers look to alternative forms of transportation.
This industry comprises establishments primarily engaged in towing light or heavy motor vehicles over short and long distances. Establishments may provide incidental services, such as storage and emergency road repair services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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