Global Towing Equipment Market 2025-2029

Description

List of Tables

The towing equipment market is forecasted to grow by USD 2245.2 mn during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the towing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing motorization in emerging countries, progressing requirement of commercial vehicles for road mode of freight transport, and increasing demand for commercial vehicles due to globalization.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	4.2%
CAGR	4.5%
Incremental Value	$2245.2 mn

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's towing equipment market is segmented as below:

By Application

Passenger cars
Commercial vehicles

By Product Type

Boom
Hook and chain
Wheel lift
Integrated
Flat bed

By Material

Metal
Plastic
Composite materials

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the consolidation in industry and distribution channels as one of the prime reasons driving the towing equipment market growth during the next few years. Also, growth of online capabilities and outsourcing of design and manufacturing of vehicle parts and systems will lead to sizable demand in the market.

The report on the towing equipment market covers the following areas:

Towing Equipment Market sizing
Towing Equipment Market forecast
Towing Equipment Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading towing equipment market vendors that include Andersen Hitches, B and W Trailer Hitches, Bosal Nederland BV, Brinkgroup, Butler Products, CAMCO MANUFACTURING LLC., CURT Manufacturing LLC, Demco Products, Fastway Trailer Products, Hopkins Manufacturing Corp., Horizon Global Corp., John Bean Technologies Corp., Maini Materials Movement Pvt. Ltd., Maxx Group LLC, Mumby Manufacturing Ltd., Pulliam Enterprises Inc., Rigid Hitch Inc., Technosys Equipments Pvt. Ltd., Winston Products LLC, and Youngs Welding Inc.. Also, the towing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR45799

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product Type
- Executive Summary - Chart on Market Segmentation by Material
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Towing Equipment Market 2019 - 2023
- Historic Market Size - Data Table on Global Towing Equipment Market 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.4 Material segment analysis 2019 - 2023
- Historic Market Size - Material Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on Global Towing Equipment Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
8.3 Passenger cars - Market size and forecast 2024-2029
- Chart on Passenger cars - Market size and forecast 2024-2029 ($ million)
- Data Table on Passenger cars - Market size and forecast 2024-2029 ($ million)
- Chart on Passenger cars - Year-over-year growth 2024-2029 (%)
- Data Table on Passenger cars - Year-over-year growth 2024-2029 (%)
8.4 Commercial vehicles - Market size and forecast 2024-2029
- Chart on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
- Data Table on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
- Chart on Commercial vehicles - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial vehicles - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

9 Market Segmentation by Product Type

9.1 Market segments
- Chart on Product Type - Market share 2024-2029 (%)
- Data Table on Product Type - Market share 2024-2029 (%)
9.2 Comparison by Product Type
- Chart on Comparison by Product Type
- Data Table on Comparison by Product Type
9.3 Boom - Market size and forecast 2024-2029
- Chart on Boom - Market size and forecast 2024-2029 ($ million)
- Data Table on Boom - Market size and forecast 2024-2029 ($ million)
- Chart on Boom - Year-over-year growth 2024-2029 (%)
- Data Table on Boom - Year-over-year growth 2024-2029 (%)
9.4 Hook and chain - Market size and forecast 2024-2029
- Chart on Hook and chain - Market size and forecast 2024-2029 ($ million)
- Data Table on Hook and chain - Market size and forecast 2024-2029 ($ million)
- Chart on Hook and chain - Year-over-year growth 2024-2029 (%)
- Data Table on Hook and chain - Year-over-year growth 2024-2029 (%)
9.5 Wheel lift - Market size and forecast 2024-2029
- Chart on Wheel lift - Market size and forecast 2024-2029 ($ million)
- Data Table on Wheel lift - Market size and forecast 2024-2029 ($ million)
- Chart on Wheel lift - Year-over-year growth 2024-2029 (%)
- Data Table on Wheel lift - Year-over-year growth 2024-2029 (%)
9.6 Integrated - Market size and forecast 2024-2029
- Chart on Integrated - Market size and forecast 2024-2029 ($ million)
- Data Table on Integrated - Market size and forecast 2024-2029 ($ million)
- Chart on Integrated - Year-over-year growth 2024-2029 (%)
- Data Table on Integrated - Year-over-year growth 2024-2029 (%)
9.7 Flat bed - Market size and forecast 2024-2029
- Chart on Flat bed - Market size and forecast 2024-2029 ($ million)
- Data Table on Flat bed - Market size and forecast 2024-2029 ($ million)
- Chart on Flat bed - Year-over-year growth 2024-2029 (%)
- Data Table on Flat bed - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Product Type
- Market opportunity by Product Type ($ million)
- Data Table on Market opportunity by Product Type ($ million)

10 Market Segmentation by Material

10.1 Market segments
- Chart on Material - Market share 2024-2029 (%)
- Data Table on Material - Market share 2024-2029 (%)
10.2 Comparison by Material
- Chart on Comparison by Material
- Data Table on Comparison by Material
10.3 Metal - Market size and forecast 2024-2029
- Chart on Metal - Market size and forecast 2024-2029 ($ million)
- Data Table on Metal - Market size and forecast 2024-2029 ($ million)
- Chart on Metal - Year-over-year growth 2024-2029 (%)
- Data Table on Metal - Year-over-year growth 2024-2029 (%)
10.4 Plastic - Market size and forecast 2024-2029
- Chart on Plastic - Market size and forecast 2024-2029 ($ million)
- Data Table on Plastic - Market size and forecast 2024-2029 ($ million)
- Chart on Plastic - Year-over-year growth 2024-2029 (%)
- Data Table on Plastic - Year-over-year growth 2024-2029 (%)
10.5 Composite materials - Market size and forecast 2024-2029
- Chart on Composite materials - Market size and forecast 2024-2029 ($ million)
- Data Table on Composite materials - Market size and forecast 2024-2029 ($ million)
- Chart on Composite materials - Year-over-year growth 2024-2029 (%)
- Data Table on Composite materials - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Material
- Market opportunity by Material ($ million)
- Data Table on Market opportunity by Material ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.12 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
12.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
12.14 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
12.15 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.16 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 Andersen Hitches
- Andersen Hitches - Overview
- Andersen Hitches - Product / Service
- Andersen Hitches - Key offerings
- SWOT
15.5 B and W Trailer Hitches
- B and W Trailer Hitches - Overview
- B and W Trailer Hitches - Product / Service
- B and W Trailer Hitches - Key offerings
- SWOT
15.6 Bosal Nederland BV
- Bosal Nederland BV - Overview
- Bosal Nederland BV - Product / Service
- Bosal Nederland BV - Key offerings
- SWOT
15.7 Brinkgroup
- Brinkgroup - Overview
- Brinkgroup - Product / Service
- Brinkgroup - Key offerings
- SWOT
15.8 Butler Products
- Butler Products - Overview
- Butler Products - Product / Service
- Butler Products - Key offerings
- SWOT
15.9 CAMCO MANUFACTURING LLC.
- CAMCO MANUFACTURING LLC. - Overview
- CAMCO MANUFACTURING LLC. - Product / Service
- CAMCO MANUFACTURING LLC. - Key offerings
- SWOT
15.10 CURT Manufacturing LLC
- CURT Manufacturing LLC - Overview
- CURT Manufacturing LLC - Product / Service
- CURT Manufacturing LLC - Key offerings
- SWOT
15.11 Demco Products
- Demco Products - Overview
- Demco Products - Product / Service
- Demco Products - Key offerings
- SWOT
15.12 Fastway Trailer Products
- Fastway Trailer Products - Overview
- Fastway Trailer Products - Product / Service
- Fastway Trailer Products - Key offerings
- SWOT
15.13 Hopkins Manufacturing Corp.
- Hopkins Manufacturing Corp. - Overview
- Hopkins Manufacturing Corp. - Product / Service
- Hopkins Manufacturing Corp. - Key offerings
- SWOT
15.14 Horizon Global Corp.
- Horizon Global Corp. - Overview
- Horizon Global Corp. - Business segments
- Horizon Global Corp. - Key offerings
- Horizon Global Corp. - Segment focus
- SWOT
15.15 John Bean Technologies Corp.
- John Bean Technologies Corp. - Overview
- John Bean Technologies Corp. - Business segments
- John Bean Technologies Corp. - Key offerings
- John Bean Technologies Corp. - Segment focus
- SWOT
15.16 Maxx Group LLC
- Maxx Group LLC - Overview
- Maxx Group LLC - Product / Service
- Maxx Group LLC - Key offerings
- SWOT
15.17 Mumby Manufacturing Ltd.
- Mumby Manufacturing Ltd. - Overview
- Mumby Manufacturing Ltd. - Product / Service
- Mumby Manufacturing Ltd. - Key offerings
- SWOT
15.18 Pulliam Enterprises Inc.
- Pulliam Enterprises Inc. - Overview
- Pulliam Enterprises Inc. - Product / Service
- Pulliam Enterprises Inc. - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations