Global Towing Equipment Market 2017-2021 - Product Image

Global Towing Equipment Market 2017-2021

  • ID: 4335602
  • Report
  • Region: Global
  • 84 pages
  • TechNavio
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FEATURED COMPANIES

  • Andersen Hitches
  • Brink Group
  • CURT Manufacturing
  • Horizon Global
  • Mumby Manufacturing
  • PullRite
  • MORE
About Towing Equipment

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.

The 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
The 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
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 drivers
  • Increasing motorization in emerging countries
  • For a full, detailed list, view the full report
Market challenges
  • Increasing cost of transporting freight through trucks
  • For a full, detailed list, view the full report
Market trends
  • Increase in private label brands
  • For a full, detailed list, view the full 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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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Andersen Hitches
  • Brink Group
  • CURT Manufacturing
  • Horizon Global
  • Mumby Manufacturing
  • PullRite
  • MORE
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
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Andersen Hitches
  • Brink Group
  • CURT Manufacturing
  • Horizon Global
  • Mumby Manufacturing
  • PullRite
  • MORE
New Report Released: - Global Towing Equipment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global towing equipment market: BOSAL, Brink Group, CURT Manufacturing, Demco, and Horizon Global.

Other Prominent Vendors in the market are: 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, and Winston Products (TowSmart).

Commenting on the report, an analyst from the research team said: “One trend in the market is increase in private label brands. In the more mature markets like the US, there has been an uptick in store brands or private label sold by retailers and aftermarket distributors, commonly sold at a lower price point than premium brands of the same products. Nevertheless, in many cases, retailers or wholesale distributors who create private label brands still rely on established suppliers such as Horizon Global and Demco to manufacture their private label or store brand products.”

According to the report, one driver in the market is increasing motorization in emerging countries. Passenger cars occupy a major share of the towing equipment market. Therefore, the increase in sales of passenger cars will lead to an increased demand for towing equipment units. Emerging countries, such as China and India, have a lesser penetration of motorization when compared with the developed economies of the US and Europe. Hence, car OEMs are largely concentrating on effectively penetrating passenger car markets in emerging countries.

Further, the report states that one challenge in the market is increasing cost of transporting freight through trucks. Rising cost of transporting freight through heavy-duty trucks poses a major challenge to the towing equipment market during the forecast period. Increased freight transportation costs drive freight operators to constrict their purchase of new commercial vehicles, thereby affecting the towing equipment market during the forecast period. The cost for transporting freight in the Americas is increasing due to the rise in surcharges and rates like linehaul rates being increased by 2% since 2016.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • BOSAL
  • Brink Group
  • CURT Manufacturing
  • Demco
  • Horizon Global
  • 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)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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