LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive tow bars market and it is poised to grow by USD 1.11 billion during 2019-2023, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Bosal International, Brink Group BV, Camex Automotive, CURT Manufacturing LLC, David Murphy Towing, GRUPA STEINHOF SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, Horizon Global Corp., McCabe Towbars, North Shore Towbars, and PCT Automotive Ltd. are some of the major market participants. The increasing use of tow bars will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing use of tow bars has been instrumental in driving the growth of the market.
Automotive Tow Bars Market 2019-2023: Segmentation
Automotive Tow Bars Market is segmented as below:
-
Type
- Non-retractable
- Retractable
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Automotive Tow Bars Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive tow bars market report covers the following areas:
- Automotive Tow Bars Market Size
- Automotive Tow Bars Market Trends
- Automotive Tow Bars Market Industry Analysis
This study identifies the emergence of electric swiveling tow bars as one of the prime reasons driving the automotive tow bars market growth during the next few years.
Automotive Tow Bars Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive tow bars market, including some of the vendors such as Bosal International, Brink Group BV, Camex Automotive, CURT Manufacturing LLC, David Murphy Towing, GRUPA STEINHOF SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, Horizon Global Corp., McCabe Towbars, North Shore Towbars, and PCT Automotive Ltd. Backed with competitive intelligence and benchmarking, our research reports on the automotive tow bars market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Tow Bars Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist automotive tow bars market growth during the next five years
- Estimation of the automotive tow bars market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive tow bars market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive tow bars market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Non-retractable - Market size and forecast 2018-2023
- Retractable - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Use of environment-friendly coating on tow bars
- Advances in manufacturing process of automotive tow bars
- Emergence of electric swiveling tow bar
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bosal International
- Brink Group BV
- Camex Automotive
- CURT Manufacturing LLC
- David Murphy Towing
- GRUPA STEINHOF SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
- Horizon Global Corp.
- McCabe Towbars
- North Shore Towbars
- PCT Automotive Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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