A tow bar (or tow hitch ) is a device attached to the chassis of a vehicle for towing or a towbar to an aircraft nose gear. It can take the form of a tow ball to allow swiveling and articulation of a trailer, or a tow pin, or a tow hook with a trailer loop, often used for large or agricultural vehicles where slack in the pivot pin allows similar movements. Another category is the towing pintle used on military vehicles worldwide.
This report contains market size and forecasts of Tow Bars in global, including the following market information:
Global Tow Bars Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tow Bars Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tow Bars companies in 2021 (%)
The global Tow Bars market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Class I Tow Bar Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tow Bars include Horizon Global Corporation, Curt Manufacturing, B&W Trailer Hitches, BOSAL, MVG, AL-KO, Brink Group, Tow-Trust Towbars and GDW Group. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tow Bars manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tow Bars Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Bars Market Segment Percentages, by Type, 2021 (%)
Class I Tow Bar
Class II Tow Bar
Class III Tow Bar
Class IV Tow Bar
Class V Tow Bar
Global Tow Bars Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Bars Market Segment Percentages, by Application, 2021 (%)
Cars, SUV and ATVs
Recreational Vehicle (RV)
Vans
Boat Trailers
Others
Global Tow Bars Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Bars Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tow Bars revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tow Bars revenues share in global market, 2021 (%)
Key companies Tow Bars sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tow Bars sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Horizon Global Corporation
Curt Manufacturing
B&W Trailer Hitches
BOSAL
MVG
AL-KO
Brink Group
Tow-Trust Towbars
GDW Group