Automotive Tow Bars Market to Grow at a CAGR of 3.6% to reach US$ 5,236.76 Million from 2020 to 2027

    Automotive Tow Bars Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (Detachable Tow bar, Retractable Tow bar, Fixed Tow bar, and Others); Vehicle type (Passenger Vehicle and Commercial Vehicle)

    Publication Month: Jun 2020 | Report Code: TIPRE00008801 | No. of Pages: 191 | Category: Automotive and Transportation | Status: Published

    The automotive tow bars market was valued at US$ 4,827.66 million in 2019 and is projected to reach US$ 5,236.76 million by 2027; it is expected to grow at a CAGR of 3.6% from 2019 to 2027.

    In the past few years, the increase in automotive production, particularly in the advanced regions, including North America and Europe, has driven the growth of the automotive tow bars market. The tow bar for automobiles is available as a standard filament or as an additional feature with most premium passenger car models launched by automotive giants such as Audi, Range Rover, BMW, and Ford Motor Company. The rapid growth of automotive production in advanced economies around the globe has contributed directly to the rising demand for the tow bar market in the automotive sector. For instance, electric vehicles and hybrid electric vehicles are gaining traction on the market. Sustainable development and subsequent demand for green cars have led to the emergence of electric vehicles and other renewable energy sources, including solar, wind, and biofuels. Moreover, the use of these vehicles is further encouraged by several government initiatives such as the payment of incentives and tax benefits to green vehicle adopters and users of green vehicles. Thus, the rapidly increasing adoption rates of electric and hybrid vehicles will drive the automotive tow bar market during the forecast period.

    North America accounts for the largest share of the global automotive tow bars market. The growth of this market is primarily attributed to increasing popularity of RVs in the US and Canada. Increasing sales of passenger vehicles, is the major factor driving the automotive tow bars market in North America.

    Impact of COVID-19 Pandemic on Automotive tow bars Market

    The US is the worst-hit country in North America region, with around 2,007,531 active cases. Increasing number of infected individuals has forced the government to impose lockdown across the nation’s borders. The majority of the manufacturing plants are shut down, municipalities are functioning slowly compared to the past, and the automotive industry is at a halt, which is negatively impacting the automotive tow bars market. In terms of patient count and death toll, Canada and Mexico are still at a nascent stage in comparison to the US. However, the manufacturing plants, automotive industry, and several other businesses are functioning slowly, which is negatively impacting the automotive tow bars market. Additionally, North America is responsible for a major portion of sales of automotive tow bars, and declining sales of tow bars in North America might affect the overall growth of the automotive tow bars industry. The COVID-19 outbreak will have a limited short-term impact on the automotive tow bars market.

    Lucrative Regions for Automotive Tow Bars Market

    Lucrative Regions for Automotive Tow Bars Market

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    Market Insights

    Tow Bars Serve as an Optimum Towing Equipment

    Tow bars are often deployed in the automotive sector as superior towing equipment mainly because of the advantages of their application. Towing couples two or more objects together so that they can be pulled by a designated power source or source. The source for towing may be a motorized land vehicle, a vessel and the load is anything that can be pulled. These may be joined with the help of chain, bar, hitch, three-point, fifth wheel, rope, coupling, integrated platform, drawbar, or other means of keeping the objects together while in motion. Trailer operators, SUVs, and flat-bed pickup trucks use tow bars as they can be easily mounted on vehicles' rear bumper with the minimal installation time and labor requirements. Additionally, tow bars for automobiles are compact in shape and light in weight, which adds to their value proposition. Also, the availability of several types of tow bars on the market helps cater to the customers 'evolving needs while meeting the automotive manufacturers' tailor-made requirements.

    Product Market Insights

    Based on product, the automotive tow bars market has been segmented into detachable tow bar, retractable tow bar, fixed tow bar, and others. The detachable tow bar segment accounted for the largest share of the market in 2019, and is expected to grow at the highest CAGR during the forecast period. Detachable tow bars are also called as the removable tow bars; it has become a popular choice with drivers. It also comes with a swan neck or flange type towballs. Most of these are tend to be of the swan neck variety though one can get detachable mounting flanges for flange type towballs. They use a lockable quick-release mechanism, which enables the towball to be simply detached and reattached without using any tools. Several caravan users are choosing the detachable tow bar, where the towball can be readily removed without the use of additional tools.

    Automotive Tow Bars Market, by Product – 2019 and 2027

    Automotive Tow Bars Market, by Product – 2019 and 2027

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    Vehicle Type- Market Insights

    With the growing demand for adventure sports and increasing demand for towable recreational vehicles, the demand for tow bars is growing across the passenger vehicle segment. Moreover, companies operating in the market are focusing on offering a wide range of towbars option for passenger vehicles of various brands. Additionally, passenger vehicle manufacturers such as Audi and BMW offer an option of company fitted tow bars to their customers. Moreover, the demand for passenger vehicles is growing, which is expected to support the increasing demand for tow bars across the passenger vehicles segment.

    Strategic Insights

    Inorganic growth strategies are the commonly adopted strategies by companies to expand their market reach. Curt Manufacturing, Bosal Group, and Brink Group are among the market players implementing this strategy to enlarge the customer base and gain significant market share globally, which in turn permits them maintain their brand name in the global market.

    Automotive Tow Bars Market–Segmentation:


    Automotive Tow Bars Market–By Product

    • Retractable Tow bar
    • Fixed System
    • Detachable System
    • Others


    Automotive Tow Bars Market–By Vehicle Type

    • Passenger Vehicle
    • Commercial Vehicle


    Automotive Tow Bars Market–Company Profiles

    • Anker and York Towbars
    • Bosal Group
    • Brink Group
    • BTA Towing Equipment
    • CURT Manufacturing LLC
    • Oris
    • PCT Automotive Limited
    • Alois Kober GmbH
    • North Shore Towbars
    • GDW NV.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Automotive Tow Bars Market – By Product

    1.3.2 Automotive Tow Bars Market – By Vehicle Type

    1.3.3 Automotive Tow Bars Market- By Region

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Automotive Tow Bars Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America – PEST Analysis

    4.2.2 Europe – PEST Analysis

    4.2.3 Asia Pacific – PEST Analysis

    4.2.4 Middle East and Africa – PEST Analysis

    4.2.5 South America PEST Analysis

    4.3 Ecosystem Analysis

    4.4 Expert Opinion

    5. Automotive Tow Bars Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Increased Automotive Production

    5.1.2 Tow Bars Serve As An Optimum Towing Equipment

    5.2 Market Restraints

    5.2.1 High Cost Of Automotive Tow Bars

    5.3 Market Opportunities

    5.3.1 Growth of E-Commerce Industry

    5.4 Future Trends

    5.4.1 Integration Of Swivelling Mechanism With The Conventional Tow Bars

    5.5 Impact Analysis of Drivers and Restraints

    6. Automotive Tow Bars Market – Global Analysis

    6.1 Automotive Tow Bars Market Global Overview

    6.2 Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    6.3 Market Positioning – Five Key Players

    7. Automotive Tow Bars Market Analysis – By Product

    7.1 Overview

    7.2 Automotive Tow Bars Market Breakdown, by Product, 2019 & 2027

    7.3 Retractable Tow Bar

    7.3.1 Overview

    7.3.2 Retractable Tow Bar Market Revenue and Forecast to 2027 (US$ Million)

    7.4 Fixed System

    7.4.1 Overview

    7.4.2 Fixed System Market Revenue and Forecast to 2027 (US$ Million)

    7.5 Detachable System

    7.5.1 Overview

    7.5.2 Detachable System Market Revenue and Forecast to 2027 (US$ Million)

    7.6 Others

    7.6.1 Overview

    7.6.2 Others Market Revenue and Forecast to 2027 (US$ Million)

    8. Automotive Towbars Market Analysis – By Vehicle Type

    8.1 Overview

    8.2 Automotive Towbar Market, By Vehicle Type (2019 and 2027)

    8.3 Passenger Vehicle

    8.3.1 Overview

    8.3.2 Passenger Vehicle: Automotive Towbar Market – Revenue Forecast to 2027 (US$ Million)

    8.4 Commercial Vehicle

    8.4.1 Overview

    8.4.2 Commercial Vehicle: Automotive Towbar Market – Revenue Forecast to 2027 (US$ Million)

    9. Automotive Tow Bars Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Automotive Tow Bars Market

    9.2.1 North America: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.2 North America: Automotive Tow Bars Market, by Product

    9.2.3 North America: Automotive Tow Bars Market, by Vehicle Type

    9.2.4 North America: Automotive Tow Bars Market, by Key Country

    9.2.4.1 US: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.1.1 US: Automotive Tow Bars Market, by Product

    9.2.4.1.2 US: Automotive Tow Bars Market, by Vehicle Type

    9.2.4.2 Canada: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.2.1 Canada: Automotive Tow Bars Market, by Product

    9.2.4.2.2 Canada: Automotive Tow Bars Market, by Vehicle Type

    9.2.4.3 Mexico: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.4.3.1 Mexico: Automotive Tow Bars Market, by Product

    9.2.4.3.2 Mexico: Automotive Tow Bars Market, by Vehicle Type

    9.3 Europe: Automotive Tow Bars Market

    9.3.1 Europe: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.2 Europe: Automotive Tow Bars Market, by Product

    9.3.3 Europe: Automotive Tow Bars Market, by Vehicle Type

    9.3.4 Europe: Automotive Tow Bars Market, by Key Country

    9.3.4.1 Germany: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.1.1 Germany: Automotive Tow Bars Market, by Product

    9.3.4.1.2 Germany: Automotive Tow Bars Market, by Vehicle Type

    9.3.4.2 France: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.2.1 France: Automotive Tow Bars Market, by Product

    9.3.4.2.2 France: Automotive Tow Bars Market, by Vehicle Type

    9.3.4.3 Italy: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.3.1 Italy: Automotive Tow Bars Market, by Product

    9.3.4.3.2 Italy: Automotive Tow Bars Market, by Vehicle Type

    9.3.4.4 UK: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.4.1 UK: Automotive Tow Bars Market, by Product

    9.3.4.4.2 UK: Automotive Tow Bars Market, by Vehicle Type

    9.3.4.5 Russia: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.5.1 Russia: Automotive Tow Bars Market, by Product

    9.3.4.5.2 Russia: Automotive Tow Bars Market, by Vehicle Type

    9.3.4.6 Rest of Europe: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.4.6.1 Rest of Europe: Automotive Tow Bars Market, by Product

    9.3.4.6.2 Rest of Europe: Automotive Tow Bars Market, by Vehicle Type

    9.4 APAC: Automotive Tow Bars Market

    9.4.1 APAC: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.2 APAC: Automotive Tow Bars Market, by Product

    9.4.3 APAC: Automotive Tow Bars Market, by Vehicle Type

    9.4.4 APAC: Automotive Tow Bars Market, by Key Country

    9.4.4.1 Australia: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.1.1 Australia: Automotive Tow Bars Market, by Product

    9.4.4.1.2 Australia: Automotive Tow Bars Market, by Vehicle Type

    9.4.4.2 China: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.2.1 China: Automotive Tow Bars Market, by Product

    9.4.4.2.2 China: Automotive Tow Bars Market, by Vehicle Type

    9.4.4.3 India: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.3.1 India: Automotive Tow Bars Market, by Product

    9.4.4.3.2 India: Automotive Tow Bars Market, by Vehicle Type

    9.4.4.4 Japan: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.4.1 Japan: Automotive Tow Bars Market, by Product

    9.4.4.4.2 Japan: Automotive Tow Bars Market, by Vehicle Type

    9.4.4.5 South Korea: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.5.1 South Korea: Automotive Tow Bars Market, by Product

    9.4.4.5.2 South Korea: Automotive Tow Bars Market, by Vehicle Type

    9.4.4.6 Rest of APAC: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.4.6.1 Rest of APAC: Automotive Tow Bars Market, by Product

    9.4.4.6.2 Rest of APAC: Automotive Tow Bars Market, by Vehicle Type

    9.5 MEA: Automotive Tow Bars Market

    9.5.1 MEA: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.2 MEA: Automotive Tow Bars Market, by Product

    9.5.3 MEA: Automotive Tow Bars Market, by Vehicle Type

    9.5.4 MEA: Automotive Tow Bars Market, by Key Country

    9.5.4.1 South Africa: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.1.1 South Africa: Automotive Tow Bars Market, by Product

    9.5.4.1.2 South Africa: Automotive Tow Bars Market, by Vehicle Type

    9.5.4.2 Saudi Arabia: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Automotive Tow Bars Market, by Product

    9.5.4.2.2 Saudi Arabia: Automotive Tow Bars Market, by Vehicle Type

    9.5.4.3 UAE: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.3.1 UAE: Automotive Tow Bars Market, by Product

    9.5.4.3.2 UAE: Automotive Tow Bars Market, by Vehicle Type

    9.5.4.4 Rest of MEA: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.4.4.1 Rest of MEA: Automotive Tow Bars Market, by Product

    9.5.4.4.2 Rest of MEA: Automotive Tow Bars Market, by Vehicle Type

    9.6 SAM: Automotive Tow Bars Market

    9.6.1 SAM: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.2 SAM: Automotive Tow Bars Market, by Product

    9.6.3 SAM: Automotive Tow Bars Market, by Vehicle Type

    9.6.4 SAM: Automotive Tow Bars Market, by Key Country

    9.6.4.1 Brazil: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.1.1 Brazil: Automotive Tow Bars Market, by Product

    9.6.4.1.2 Brazil: Automotive Tow Bars Market, by Vehicle Type

    9.6.4.2 Argentina: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.2.1 Argentina: Automotive Tow Bars Market, by Product

    9.6.4.2.2 Argentina: Automotive Tow Bars Market, by Vehicle Type

    9.6.4.3 Rest of SAM: Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.4.3.1 Rest of SAM: Automotive Tow Bars Market, by Product

    9.6.4.3.2 Rest of SAM: Automotive Tow Bars Market, by Vehicle Type

    10. Impact of Coronavirus Outbreak

    10.1 Impact of COVID-19 Pandemic On Global Automotive Towbar Market

    10.1.1 North America: Impact Assessment of COVID-19 Pandemic

    10.1.2 Europe: Impact Assessment of COVID-19 Pandemic

    10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

    10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

    10.1.5 South America: Impact Assessment of COVID-19 Pandemic

    11. Industry Landscape

    11.1 Market Initiative

    12. Company Profiles

    12.1 Anker and York Towbars

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 BOSAL Group

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Brink Group

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 BTA Towing Equipment

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 CURT Manufacturing LLC

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 ORIS

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 PCT Automotive Limited

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Alois Kober GMBH

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 GDW NV

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 North Shore Towbars

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index

    LIST OF TABLES

    Table 1. Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    Table 2. Global Automotive Tow Bars Market, by Region – Revenue and Forecast to 2027 (USD Million)

    Table 3. North America: Automotive Tow Bars Market, by Product – Revenue and Forecast to 2027 (US$ Million)

    Table 4. North America: Automotive Tow Bars Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)

    Table 5. The North America Automotive Tow Bars market was dominated by the US with share of 57.1% in 2019.

    Table 6. US: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 7. US: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 8. Canada: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 9. Canada: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 10. Mexico: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 11. Mexico: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 12. Europe: Automotive Tow Bars Market, by Product – Revenue and Forecast to 2027 (US$ Million)

    Table 13. Europe: Automotive Tow Bars Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)

    Table 14. Europe: Automotive Tow Bars Market, by Country – Revenue and Forecast to 2027 (US$ Million)

    Table 15. Germany: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 16. Germany: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 17. France: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 18. France: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 19. Italy: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 20. Italy: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 21. UK: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 22. UK: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 23. Russia: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 24. Russia: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 25. Rest of Europe: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 26. Rest of Europe: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 27. APAC: Automotive Tow Bars Market, by Product – Revenue and Forecast to 2027 (US$ Million)

    Table 28. APAC: Automotive Tow Bars Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)

    Table 29. APAC: Automotive Tow Bars Market, by Country – Revenue and Forecast to 2027 (US$ Million)

    Table 30. Australia: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 31. Australia: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 32. China: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 33. China: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 34. India: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 35. India: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 36. Japan: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 37. Japan: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 38. South Korea: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 39. South Korea: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 40. Rest of APAC: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 41. Rest of APAC: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 42. MEA: Automotive Tow Bars Market, by Product – Revenue and Forecast to 2027 (US$ Million)

    Table 43. MEA: Automotive Tow Bars Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)

    Table 44. MEA: Automotive Tow Bars Market, by Country – Revenue and Forecast to 2027 (US$ Million)

    Table 45. South Africa: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 46. South Africa: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 47. Saudi Arabia: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 48. Saudi Arabia: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 49. UAE: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 50. UAE: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 51. Rest of MEA: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 52. Rest of MEA: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 53. SAM: Automotive Tow Bars Market, by Product – Revenue and Forecast to 2027 (US$ Million)

    Table 54. SAM: Automotive Tow Bars Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)

    Table 55. SAM: Automotive Tow Bars Market, by Country – Revenue and Forecast to 2027 (US$ Million)

    Table 56. Brazil: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 57. Brazil: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 58. Argentina: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 59. Argentina: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 60. Rest of SAM: Automotive Tow Bars Market, by Product –Revenue and Forecast to 2027 (US$ Million)

    Table 61. Rest of SAM: Automotive Tow Bars Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)

    Table 62. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Automotive Tow Bars Market Segmentation

    Figure 2. Automotive Tow Bars Market Segmentation – By Geography

    Figure 3. Global Automotive Tow Bars Market Overview

    Figure 4. Detachable Tow Bar Segment Held the Largest Market Share

    Figure 5. Passenger Vehicle Type Segment Held the Largest Market Share

    Figure 6. Europe to Show Great Traction During Forecast Period

    Figure 7. North America – PEST Analysis

    Figure 8. Europe – PEST Analysis

    Figure 9. Asia Pacific – PEST Analysis

    Figure 10. Middle East and Africa – PEST Analysis

    Figure 11. SAM – PEST Analysis

    Figure 12. Ecosystem Analysis

    Figure 13. Expert Opinion

    Figure 14. Automotive Tow Bars Market Impact Analysis of Drivers and Restraints

    Figure 15. Geographic Overview of Automotive Tow Bars Market

    Figure 16. Automotive Tow Bars Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 17. Automotive Tow Bars Market Breakdown, by Product (2019 and 2027)

    Figure 18. Retractable Tow Bar Market Revenue and Forecast To 2027(US$ Million)

    Figure 19. Fixed System Market Revenue and Forecast To 2027(US$ Million)

    Figure 20. Detachable System Market Revenue and Forecast To 2027(US$ Million)

    Figure 21. Others Market Revenue and Forecast To 2027(US$ Million)

    Figure 22. Automotive Towbar Market Revenue Share, by Vehicle Type (2019 and 2027)

    Figure 23. Passenger vehicle: Automotive Towbar Market – Revenue, and Forecast to 2027 (US$ Million)

    Figure 24. Commercial vehicle: Automotive Towbar Market – Revenue, and Forecast to 2027 (US$ Million)

    Figure 25. Automotive Tow Bars Market Revenue Share, By Region (2019 and 2027)

    Figure 26. North America: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 27. North America: Automotive Tow Bars Market Revenue Share, By Product (2019 and 2027)

    Figure 28. North America: Automotive Tow Bars Market Revenue Share, By Vehicle Type (2019 and 2027)

    Figure 29. North America: Automotive Tow Bars Market Revenue Share, By Key Country (2019 and 2027)

    Figure 30. US: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 31. Canada: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 32. Mexico: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 33. Europe: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 34. Europe: Automotive Tow Bars Market Revenue Share, By Vehicle Type (2019 and 2027)

    Figure 35. Europe: Automotive Tow Bars Market Revenue Share, By Key Country (2019 and 2027)

    Figure 36. Germany: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 37. France: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 38. Italy: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 39. UK: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 40. Russia: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 41. Rest of Europe: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 42. APAC: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 43. APAC: Automotive Tow Bars Market Revenue Share, By Product (2019 and 2027)

    Figure 44. APAC: Automotive Tow Bars Market Revenue Share, By Vehicle Type (2019 and 2027)

    Figure 45. APAC: Automotive Tow Bars Market Revenue Share, By Key Country (2019 and 2027)

    Figure 46. Australia: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 47. China: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 48. India: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 49. Japan: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 50. South Korea: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 51. Rest of APAC: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 52. MEA: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 53. MEA: Automotive Tow Bars Market Revenue Share, By Product (2019 and 2027)

    Figure 54. MEA: Automotive Tow Bars Market Revenue Share, By Vehicle Type (2019 and 2027)

    Figure 55. MEA: Automotive Tow Bars Market Revenue Share, By Key Country (2019 and 2027)

    Figure 56. South Africa: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 57. Saudi Arabia: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 58. UAE: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 59. Rest of MEA: Automotive Tow Bars Market – Revenue and Forecast To 2027 (US$ Million)

    Figure 60. SAM: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 61. SAM: Automotive Tow Bars Market Revenue Share, By Product (2019 and 2027)

    Figure 62. SAM: Automotive Tow Bars Market Revenue Share, By Vehicle Type (2019 and 2027)

    Figure 63. SAM: Automotive Tow Bars Market Revenue Share, By Key Country (2019 and 2027)

    Figure 64. Brazil: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 65. Argentina: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 66. Rest of SAM: Automotive Tow Bars Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic In Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Middle East And Africa Country Markets

    Figure 71. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Automotive Tow Bars Market

    1. Alois Kober GMBH
    2. Anker and York Towbars
    3. BOSAL Group
    4. Brink Group
    5. BTA Towing Equipment
    6. CURT Manufacturing LLC
    7. GDW NV
    8. North Shore Towbars
    9. ORIS
    10. PCT Automotive Limited
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    Frequently Asked Questions

    Detachable tow bar segment led the automotive tow bar segment in 2019. Detachable tow bars are also called as the removable tow bars; it has become a popular choice with drivers. It also comes with a swan neck or flange type tow balls. Most of these tend to be of the swan neck variety though one can get detachable mounting flanges for flange type tow balls. They use a lockable quick-release mechanism, which enables the tow ball to be simply detached and reattached without using any tools. Several caravan users are choosing the detachable tow bar, where the tow ball can be readily removed without the use of additional tools. Numerous manufacturers of detachable tow bars are present in the market, which includes Brink, Witter, MVG, GDW Group, and many more.
    In the past few years, the increase in automotive production, particularly in the advanced regions, including North America and Europe, has driven the growth of the automotive tow bars market. The tow bar for automobiles is available as a standard filament or as an additional feature with most premium passenger car models launched by automotive giants such as Audi, Range Rover, BMW, and Ford Motor Company. The rapid growth of automotive production in advanced economies around the globe has contributed directly to the rising demand for the tow bar market in the automotive sector.
    The automotive tow bars market was dominated by North America, as companies in the region are highly integrating tow bars with the vehicles. For instance, Tesla, a US-based electric vehicle company, is planning to have a tow bar for its upcoming Tesla Model Y. Its Model Y would come with a dedicated towing mode, such as its Model X. The tow bar for Tesla's Model X comprises a 2-inch hitch receiver, which would able to tow up to 5,000lb on 20-inch wheels, or 3,500lb on 22-inch wheels. Hence, this factor is surging the demand for automotive tow bars in the region.

    Pricing
    • $3000
    • $4550 $3640
    • $6550 $5240
    • $8550 $6840

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