Global Automotive Tow Bars Market 2025-2029

Automotive Tow Bars Market 2025-2029

The automotive tow bars market is forecasted to grow by USD 1157.2 mn during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the automotive tow bars market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of outdoor pursuits, growth in vehicle ownership, and increasing motorization in emerging countries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's automotive tow bars market is segmented as below:

By Product Type

• Non retractable
• Retractable
• Swiveling
• Others

By Vehicle Type

• Passenger cars
• LCVs
• HCVs

By Channel

• OEMs
• Aftermarket

By Geographical Landscape

• Europe
• APAC
• North America
• South America
• Middle East and Africa

This study identifies the emergence of electric swiveling tow bar as one of the prime reasons driving the automotive tow bars market growth during the next few years. Also, growing adoption of environment-friendly coating on tow bars and advances in manufacturing process of automotive tow bars will lead to sizable demand in the market.

The report on the automotive tow bars market covers the following areas:

• Automotive Tow Bars Market sizing
• Automotive Tow Bars Market forecast
• Automotive Tow Bars Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive tow bars market vendors that include ACPS Automotive GmbH, AL KO SE, Bosal Nederland BV, BTA Towing Equipment, CURT Manufacturing LLC, David Murphy Towing, GDW NV, Hayman Reese, Horizon Global Corp., McCabe Towbars, PCT Automotive Ltd., Pulliam Enterprises Inc., ROADMASTER Inc., Tow-Trust Towbars Ltd., and Weigh Safe. Also, the automotive tow bars market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.