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Towing Equipment-Global Market Insights and Sales Trends 2025

Towing Equipment-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1855570

No of Pages : 73

Synopsis

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 global Towing Equipment market size is expected to reach US$ 12490 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Towing Equipment in various end use industries.

The expanding demands from the Architecture, Transport and Others,, are propelling Towing Equipment market. Belt Towing Equipment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crawler Towing Equipment segment is estimated at % CAGR for the next seven-year period.

The rising growth of e-commerce industry and the subsequent increase in delivery services is one of the key drivers witnessed in the market during the predicted period. The increasing number of delivery orders and the rising number of courier delivery agencies will boost the sales volume of commercial vehicles that are required to transport goods. This in turn, will fuel the adoption of towing equipment in the e-commerce industry. The delivery service providers are encouraged to purchase light commercial vehicles (LCVs) due to the increasing number of delivery orders. The purchase of LCVs enables them to meet the rising requirement for parcel delivery. This in turn, will boost the demand for towing equipment within LCVs and medium and heavy commercial vehicles (MHCVs) during the forecast period.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Towing Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Towing Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Towing Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Towing Equipment sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Towing Equipment covered in this report include BOSAL, Brink, CURT Manufacturing and Horizon Global, etc.

The global Towing Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • BOSAL
  • Brink
  • CURT Manufacturing
  • Horizon Global

Global Towing Equipment market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Towing Equipment market, Segment by Type:

  • Belt Towing Equipment
  • Crawler Towing Equipment

Global Towing Equipment market, by Application

  • Architecture
  • Transport
  • Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Towing Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Towing Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

Index

1 Towing Equipment Market Overview
1.1 Towing Equipment Product Overview
1.2 Towing Equipment Market Segment by Type
1.2.1 Belt Towing Equipment
1.2.2 Crawler Towing Equipment
1.3 Global Towing Equipment Market Size by Type
1.3.1 Global Towing Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Towing Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Towing Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Towing Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Towing Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Towing Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Towing Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Towing Equipment Sales Breakdown by Type (2018-2023)
2 Global Towing Equipment Market Competition by Company
2.1 Global Top Players by Towing Equipment Sales (2018-2023)
2.2 Global Top Players by Towing Equipment Revenue (2018-2023)
2.3 Global Top Players by Towing Equipment Price (2018-2023)
2.4 Global Top Manufacturers Towing Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Towing Equipment Market Competitive Situation and Trends
2.5.1 Towing Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Towing Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Towing Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Towing Equipment Market
2.8 Key Manufacturers Towing Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Towing Equipment Status and Outlook by Region
3.1 Global Towing Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Towing Equipment Historic Market Size by Region
3.2.1 Global Towing Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Towing Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Towing Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Towing Equipment Forecasted Market Size by Region
3.3.1 Global Towing Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Towing Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Towing Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Towing Equipment by Application
4.1 Towing Equipment Market Segment by Application
4.1.1 Architecture
4.1.2 Transport
4.1.3 Others
4.2 Global Towing Equipment Market Size by Application
4.2.1 Global Towing Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Towing Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Towing Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Towing Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Towing Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Towing Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Towing Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Towing Equipment Sales Breakdown by Application (2018-2023)
5 North America Towing Equipment by Country
5.1 North America Towing Equipment Historic Market Size by Country
5.1.1 North America Towing Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Towing Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Towing Equipment Sales in Value by Country (2018-2023)
5.2 North America Towing Equipment Forecasted Market Size by Country
5.2.1 North America Towing Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Towing Equipment Sales in Value by Country (2024-2029)
6 Europe Towing Equipment by Country
6.1 Europe Towing Equipment Historic Market Size by Country
6.1.1 Europe Towing Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Towing Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Towing Equipment Sales in Value by Country (2018-2023)
6.2 Europe Towing Equipment Forecasted Market Size by Country
6.2.1 Europe Towing Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Towing Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Towing Equipment by Region
7.1 Asia-Pacific Towing Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Towing Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Towing Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Towing Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Towing Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Towing Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Towing Equipment Sales in Value by Region (2024-2029)
8 Latin America Towing Equipment by Country
8.1 Latin America Towing Equipment Historic Market Size by Country
8.1.1 Latin America Towing Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Towing Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Towing Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Towing Equipment Forecasted Market Size by Country
8.2.1 Latin America Towing Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Towing Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Towing Equipment by Country
9.1 Middle East and Africa Towing Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Towing Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Towing Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Towing Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Towing Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Towing Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Towing Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BOSAL
10.1.1 BOSAL Company Information
10.1.2 BOSAL Introduction and Business Overview
10.1.3 BOSAL Towing Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BOSAL Towing Equipment Products Offered
10.1.5 BOSAL Recent Development
10.2 Brink
10.2.1 Brink Company Information
10.2.2 Brink Introduction and Business Overview
10.2.3 Brink Towing Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Brink Towing Equipment Products Offered
10.2.5 Brink Recent Development
10.3 CURT Manufacturing
10.3.1 CURT Manufacturing Company Information
10.3.2 CURT Manufacturing Introduction and Business Overview
10.3.3 CURT Manufacturing Towing Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CURT Manufacturing Towing Equipment Products Offered
10.3.5 CURT Manufacturing Recent Development
10.4 Horizon Global
10.4.1 Horizon Global Company Information
10.4.2 Horizon Global Introduction and Business Overview
10.4.3 Horizon Global Towing Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Horizon Global Towing Equipment Products Offered
10.4.5 Horizon Global Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Towing Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Towing Equipment Industrial Chain Analysis
11.4 Towing Equipment Market Dynamics
11.4.1 Towing Equipment Industry Trends
11.4.2 Towing Equipment Market Drivers
11.4.3 Towing Equipment Market Challenges
11.4.4 Towing Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Towing Equipment Distributors
12.3 Towing Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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