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FEATURED COMPANIES
- BOSAL
- Brink Group
- Horizon Global
- Thule Group
- TriMas
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About Automotive Retractable Towbar
An automotive retractable towbar is used for towing vehicle. It has the advantage of tucking it behind or under the bumper of the vehicles after use. The manual work involved in towing vehicles is lesser when compared with other types of towbars.
The analysts forecast the Global automotive retractable towbar market to grow at a CAGR of 3.08% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the automotive retractable towbar. To calculate the market size, the report considers the revenue generated from the sales of OEM-fitted products for both passenger and commercial vehicles.
The market is divided into the following segments based on geography:
The report, Global Automotive Retractable Towbar Market 2018-2022, 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
Market drivers
Market challenges
Market trends
Key questions answered in this report
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
An automotive retractable towbar is used for towing vehicle. It has the advantage of tucking it behind or under the bumper of the vehicles after use. The manual work involved in towing vehicles is lesser when compared with other types of towbars.
The analysts forecast the Global automotive retractable towbar market to grow at a CAGR of 3.08% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the automotive retractable towbar. To calculate the market size, the report considers the revenue generated from the sales of OEM-fitted products for both passenger and commercial vehicles.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Automotive Retractable Towbar Market 2018-2022, 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
- Brink Group
- Horizon Global
- BOSAL
- TriMas
- Thule Group
Market drivers
- Increasing production of automobiles
- For a full, detailed list, view the full report
Market challenges
- High cost of retractable towbars
- For a full, detailed list, view the full report
Market trends
- Increasing demand for HEVs and EVs
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
FEATURED COMPANIES
- BOSAL
- Brink Group
- Horizon Global
- Thule Group
- TriMas
PART 01: EXECUTIVE SUMMARY
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
FEATURED COMPANIES
- BOSAL
- Brink Group
- Horizon Global
- Thule Group
- TriMas
New Report Released:-Global Automotive Retractable Towbar Market 2018-2022
The author of the report recognizes the following companies as the key players in the automotive retractable towbar: Brink Group, Horizon Global, BOSAL, TriMas, and Thule Group
Commenting on the report, an analyst from the research team said: “The increasing demand for HEVs and EVs will positively affect the market’s growth. The high market growth of hybrid and electric vehicles would also bring in high-power electric vehicles that would be capable of towing vehicles.”
According to the report, increase in automotive production is likely to have a positive impact on the influencing this market. Automotive retractable towbars are offered as standard fitments or additional features in most of the premium passenger car models offered by large automotive companies.
Further, the report states that high cost of retractable towbars will affecting this market. Retractable towbars use complex mechanisms in comparison with other types of towbars. There is less manual labor involved in retracting the retractable towbar and connecting it with a trailer. Thus, the average selling price (ASP) of automotive retractable towbars is higher than that of other towbars.
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.
The author of the report recognizes the following companies as the key players in the automotive retractable towbar: Brink Group, Horizon Global, BOSAL, TriMas, and Thule Group
Commenting on the report, an analyst from the research team said: “The increasing demand for HEVs and EVs will positively affect the market’s growth. The high market growth of hybrid and electric vehicles would also bring in high-power electric vehicles that would be capable of towing vehicles.”
According to the report, increase in automotive production is likely to have a positive impact on the influencing this market. Automotive retractable towbars are offered as standard fitments or additional features in most of the premium passenger car models offered by large automotive companies.
Further, the report states that high cost of retractable towbars will affecting this market. Retractable towbars use complex mechanisms in comparison with other types of towbars. There is less manual labor involved in retracting the retractable towbar and connecting it with a trailer. Thus, the average selling price (ASP) of automotive retractable towbars is higher than that of other towbars.
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.
A selection of companies mentioned in this report includes:
- Brink Group
- Horizon Global
- BOSAL
- TriMas
- Thule Group
