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Global Automotive Retractable Towbar Market 2018-2022

Global Automotive Retractable Towbar Market 2018-2022

About Automotive Retractable Towbar

An automotive retractable towbar is used for towing vehicle. It has the advantage of tucking it behind or under the bumper of the vehicles after use. The manual work involved in towing vehicles is lesser when compared with other types of towbars.

Technavio’s analysts forecast the Global automotive retractable towbar market to grow at a CAGR of 3.08% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the automotive retractable towbar. To calculate the market size, the report considers the revenue generated from the sales of OEM-fitted products for both passenger and commercial vehicles.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Retractable Towbar Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Brink Group
  • Horizon Global
  • BOSAL
  • TriMas
  • Thule Group
Market driver
  • Increasing production of automobiles
  • For a full, detailed list, view our report
Market challenge
  • High cost of retractable towbars
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for HEVs and EVs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Retractable Towbar Market 2018-2022

Technavio recognizes the following companies as the key players in the automotive retractable towbar: Brink Group, Horizon Global, BOSAL, TriMas, and Thule Group

Commenting on the report, an analyst from Technavio’s team said: “The increasing demand for HEVs and EVs will positively affect the market’s growth. The high market growth of hybrid and electric vehicles would also bring in high-power electric vehicles that would be capable of towing vehicles.”

According to the report, increase in automotive production is likely to have a positive impact on the influencing this market. Automotive retractable towbars are offered as standard fitments or additional features in most of the premium passenger car models offered by large automotive companies.

Further, the report states that high cost of retractable towbars will affecting this market. Retractable towbars use complex mechanisms in comparison with other types of towbars. There is less manual labor involved in retracting the retractable towbar and connecting it with a trailer. Thus, the average selling price (ASP) of automotive retractable towbars is higher than that of other towbars.

Companies Mentioned

Brink Group

Horizon Global

BOSAL

TriMas

Thule Group

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global automotive towbar market - Parent market
      • Table Global automotive towbar market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global automotive retractable towbar market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global automotive retractable towbar market - Market size and forecast 2017-2022 ($ bn)
      • Table Global automotive retractable towbar market - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Passenger vehicles - Market size and forecast 2017-2022
      • Table Passenger vehicles - Market size and forecast 2017-2022 ($ bn)
      • Table Passenger vehicles - Year over year growth 2018-2022 (%)
    • Commercial vehicles - Market size and forecast 2017-2022
      • Table Commercial vehicles - Market size and forecast 2017-2022 ($ bn)
      • Table Commercial vehicles - Year over year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global automotive retractable towbar market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year over year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year over year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year over year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing demand for HEVs and EVs
    • Technological progress in towing mirror
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Brink Group
      • Table Vendor overview
      • Table Brink Group - Business segments
      • Table Brink Group - Organizational developments
      • Table Brink Group - Geographic focus 2016
      • Table Brink Group - Key offerings
    • Horizon Global
      • Table Vendor overview
      • Table Horizon Global - Business segments
      • Table Horizon Global - Organizational developments
      • Table Horizon Global - Geographic focus 2016
      • Table Horizon Global - Segment focus 2016
      • Table Horizon Global - Key offerings
    • BOSAL
      • Table Vendor overview
      • Table BOSAL - Business segments
      • Table BOSAL - Organizational developments
      • Table BOSAL - Geographic focus
      • Table BOSAL - Key offerings
    • TriMas
      • Table Vendor overview
      • Table TriMas - Business segments
      • Table TriMas - Organizational developments
      • Table TriMas - Geographic focus
      • Table TriMas - Segment focus 2016
      • Table TriMas - Key offerings
    • Thule Group
      • Table Vendor overview
      • Table Thule Group - Business segments
      • Table Thule Group - Organizational developments
      • Table Thule Group - Geographic focus
      • Table Thule Group - Segment focus
      • Table Thule Group - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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