Global Towing Equipment Market 2023-2027

Description

List of Tables

Technavio has been monitoring the towing equipment market and is forecast to grow by $2120.68 mn during 2022-2027, accelerating at a CAGR of 4.6% during the forecast period. Our 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 the increasing demand for commercial vehicles due to globalization.

Technavio's towing equipment market is segmented as below:

By Product Type

Boom
Hook and chain
Wheel lift
Integrated
Flatbed

By Application

Passenger cars
Commercial vehicles

By Geography

APAC
Europe
North America
South America
Middle East and Africa

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

Towing equipment market sizing
Towing equipment market forecast
Towing equipment market industry analysis

Technavio's 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 Manufacturing Inc., B&W Trailer Hitches, Bosal Nederland BV, Brink Group BV, Butler Products, Camco Manufacturing Inc., CURT Manufacturing LLC, Dethmers Manufacturing Co., 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 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 an analysis of the key vendors.

Product Code: IRTNTR45799

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global towing equipment market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global towing equipment market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Product Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Passenger cars - Market size and forecast 2022-2027
Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
6.4 Commercial vehicles - Market size and forecast 2022-2027
Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by Product Type

7.1 Market segments
Exhibit 43: Chart on Product Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Product Type - Market share 2022-2027 (%)
7.2 Comparison by Product Type
Exhibit 45: Chart on Comparison by Product Type
Exhibit 46: Data Table on Comparison by Product Type
7.3 Boom - Market size and forecast 2022-2027
Exhibit 47: Chart on Boom - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Boom - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Boom - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Boom - Year-over-year growth 2022-2027 (%)
7.4 Hook and chain - Market size and forecast 2022-2027
Exhibit 51: Chart on Hook and chain - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Hook and chain - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Hook and chain - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Hook and chain - Year-over-year growth 2022-2027 (%)
7.5 Wheel lift - Market size and forecast 2022-2027
Exhibit 55: Chart on Wheel lift - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Wheel lift - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Wheel lift - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Wheel lift - Year-over-year growth 2022-2027 (%)
7.6 Integrated - Market size and forecast 2022-2027
Exhibit 59: Chart on Integrated - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Integrated - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Integrated - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Integrated - Year-over-year growth 2022-2027 (%)
7.7 Flat bed - Market size and forecast 2022-2027
Exhibit 63: Chart on Flat bed - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Flat bed - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Flat bed - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Flat bed - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Product Type
Exhibit 67: Market opportunity by Product Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 France - Market size and forecast 2022-2027
Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Andersen Manufacturing Inc.
Exhibit 120: Andersen Manufacturing Inc. - Overview
Exhibit 121: Andersen Manufacturing Inc. - Product / Service
Exhibit 122: Andersen Manufacturing Inc. - Key offerings
12.4 B and W Trailer Hitches
Exhibit 123: B and W Trailer Hitches - Overview
Exhibit 124: B and W Trailer Hitches - Product / Service
Exhibit 125: B and W Trailer Hitches - Key offerings
12.5 Bosal Nederland BV
Exhibit 126: Bosal Nederland BV - Overview
Exhibit 127: Bosal Nederland BV - Product / Service
Exhibit 128: Bosal Nederland BV - Key news
Exhibit 129: Bosal Nederland BV - Key offerings
12.6 Brink Group BV
Exhibit 130: Brink Group BV - Overview
Exhibit 131: Brink Group BV - Product / Service
Exhibit 132: Brink Group BV - Key offerings
12.7 Butler Products
Exhibit 133: Butler Products - Overview
Exhibit 134: Butler Products - Product / Service
Exhibit 135: Butler Products - Key offerings
12.8 Camco Manufacturing Inc.
Exhibit 136: Camco Manufacturing Inc. - Overview
Exhibit 137: Camco Manufacturing Inc. - Product / Service
Exhibit 138: Camco Manufacturing Inc. - Key offerings
12.9 CURT Manufacturing LLC
Exhibit 139: CURT Manufacturing LLC - Overview
Exhibit 140: CURT Manufacturing LLC - Product / Service
Exhibit 141: CURT Manufacturing LLC - Key offerings
12.10 Dethmers Manufacturing Co.
Exhibit 142: Dethmers Manufacturing Co. - Overview
Exhibit 143: Dethmers Manufacturing Co. - Product / Service
Exhibit 144: Dethmers Manufacturing Co. - Key offerings
12.11 Fastway Trailer Products
Exhibit 145: Fastway Trailer Products - Overview
Exhibit 146: Fastway Trailer Products - Product / Service
Exhibit 147: Fastway Trailer Products - Key offerings
12.12 Hopkins Manufacturing Corp.
Exhibit 148: Hopkins Manufacturing Corp. - Overview
Exhibit 149: Hopkins Manufacturing Corp. - Product / Service
Exhibit 150: Hopkins Manufacturing Corp. - Key offerings
12.13 Horizon Global Corp.
Exhibit 151: Horizon Global Corp. - Overview
Exhibit 152: Horizon Global Corp. - Business segments
Exhibit 153: Horizon Global Corp. - Key offerings
Exhibit 154: Horizon Global Corp. - Segment focus
12.14 John Bean Technologies Corp.
Exhibit 155: John Bean Technologies Corp. - Overview
Exhibit 156: John Bean Technologies Corp. - Business segments
Exhibit 157: John Bean Technologies Corp. - Key offerings
Exhibit 158: John Bean Technologies Corp. - Segment focus
12.15 Maxx Group LLC
Exhibit 159: Maxx Group LLC - Overview
Exhibit 160: Maxx Group LLC - Product / Service
Exhibit 161: Maxx Group LLC - Key offerings
12.16 Mumby Manufacturing Ltd.
Exhibit 162: Mumby Manufacturing Ltd. - Overview
Exhibit 163: Mumby Manufacturing Ltd. - Product / Service
Exhibit 164: Mumby Manufacturing Ltd. - Key offerings
12.17 Pulliam Enterprises Inc.
Exhibit 165: Pulliam Enterprises Inc. - Overview
Exhibit 166: Pulliam Enterprises Inc. - Product / Service
Exhibit 167: Pulliam Enterprises Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations