Tow truck (also called a wrecker, a breakdown truck, recovery vehicle or a breakdown lorry) is a truck used to move disabled, improperly parked, impounded, or otherwise indisposed motor vehicles. This may involve recovering a vehicle damaged in an accident, returning one to a drivable surface in a mishap or inclement weather, or towing or transporting one via flatbed to a repair shop or other location.
This report contains market size and forecasts of Tow Truck in global, including the following market information:
Global Tow Truck Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tow Truck Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tow Truck companies in 2021 (%)
The global Tow Truck 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.
Light-Duty Tow Trucks Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tow Truck include A and A Truck and Auto Center, Inc.(AATAC), BandB Industries Inc., Carlinville Truck Equipment, Danco Products, Dual-Tech, Dynamic, Godwin, Jerr-Dan and Kilar, 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 Truck 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 Truck Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Truck Market Segment Percentages, by Type, 2021 (%)
Light-Duty Tow Trucks
Medium-Duty Tow Trucks
Heavy-Duty Tow Trucks
Global Tow Truck Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Truck Market Segment Percentages, by Application, 2021 (%)
Machine Building Industry
Metallurgical Industry
Furniture Industry
Appliance Industry
Others
Global Tow Truck Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tow Truck 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 Truck revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tow Truck revenues share in global market, 2021 (%)
Key companies Tow Truck sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tow Truck sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
A and A Truck and Auto Center, Inc.(AATAC)
BandB Industries Inc.
Carlinville Truck Equipment
Danco Products
Dual-Tech
Dynamic
Godwin
Jerr-Dan
Kilar
Ledwell and Son
Miller
NRC Industries
United Recovery Industries
Valew
Weld