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Global Trailer Hitch Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 92 pages | ID: GDE247E32480EN
APO Research

US$ 3,450.00

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A Trailer Hitch (or tow bar) is a device attached to the chassis of a vehicle for towing, or a towbar to an aircraft nose gear.

Tow hitches are known as trailer hitches in North America, but the purpose of use is the same. Trailer hitches usually have two primary configurations, one is the fixed drawbar type and the other is the receiver type. The receiver type includes parts that mount to the vehicle’s frame and also consist of an opening that is rearward facing which takes cargo carriers, hitch racks, detachable ball mounts or other hitch accessories. On the other hand fixed drawbar hitches are built as one piece and consist of a hole that is integrated and these hitches are not aftermarket hitch accessories compatible.

According to APO Research, The global Trailer Hitch market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Trailer Hitch main players are Horizon Global Corporation, BOSAL, Brink Group, Tow-Trust Towbars Ltd, etc. Global top four manufacturers hold a share over 50%. Europe is the largest market, with a share nearly 55%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Trailer Hitch, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Trailer Hitch.

The Trailer Hitch market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Trailer Hitch market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Horizon Global Corporation (US)
  • CURT Manufacturing LLC (US)
  • B&W Trailer Hitches (US)
  • BOSAL (Belgium)
  • MVG (Germany)
  • AL-KO(Sawiko) (Germany)
  • Brink Group (Netherlands)
  • Tow-Trust Towbars Ltd (UK)
  • GDW Group (Belgium)
Trailer Hitch segment by Type
  • Class I Trailer Hitch
  • Class II Trailer Hitch
  • Class III Trailer Hitch
  • Class IV Trailer Hitch
  • Class V Trailer Hitch
Trailer Hitch segment by Application
  • Cars, SUV and ATVs
  • Recreational Vehicle (RV)/Motorhomes
  • Vans/Pickup Truck
  • Boat Trailers
  • Others
Trailer Hitch Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Trailer Hitch market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Trailer Hitch and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Trailer Hitch.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Trailer Hitch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Trailer Hitch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Trailer Hitch Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Trailer Hitch Sales Estimates and Forecasts (2019-2030)
1.3 Trailer Hitch Market by Type
  1.3.1 Class I Trailer Hitch
  1.3.2 Class II Trailer Hitch
  1.3.3 Class III Trailer Hitch
  1.3.4 Class IV Trailer Hitch
  1.3.5 Class V Trailer Hitch
1.4 Global Trailer Hitch Market Size by Type
  1.4.1 Global Trailer Hitch Market Size Overview by Type (2019-2030)
  1.4.2 Global Trailer Hitch Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Trailer Hitch Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Trailer Hitch Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Trailer Hitch Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Trailer Hitch Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Trailer Hitch Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Trailer Hitch Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Trailer Hitch Industry Trends
2.2 Trailer Hitch Industry Drivers
2.3 Trailer Hitch Industry Opportunities and Challenges
2.4 Trailer Hitch Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Trailer Hitch Revenue (2019-2024)
3.2 Global Top Players by Trailer Hitch Sales (2019-2024)
3.3 Global Top Players by Trailer Hitch Price (2019-2024)
3.4 Global Trailer Hitch Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Trailer Hitch Key Company Manufacturing Sites & Headquarters
3.6 Global Trailer Hitch Company, Product Type & Application
3.7 Global Trailer Hitch Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Trailer Hitch Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Trailer Hitch Players Market Share by Revenue in 2023
  3.8.3 2023 Trailer Hitch Tier 1, Tier 2, and Tier

4 TRAILER HITCH REGIONAL STATUS AND OUTLOOK

4.1 Global Trailer Hitch Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Trailer Hitch Historic Market Size by Region
  4.2.1 Global Trailer Hitch Sales in Volume by Region (2019-2024)
  4.2.2 Global Trailer Hitch Sales in Value by Region (2019-2024)
  4.2.3 Global Trailer Hitch Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Trailer Hitch Forecasted Market Size by Region
  4.3.1 Global Trailer Hitch Sales in Volume by Region (2025-2030)
  4.3.2 Global Trailer Hitch Sales in Value by Region (2025-2030)
  4.3.3 Global Trailer Hitch Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 TRAILER HITCH BY APPLICATION

5.1 Trailer Hitch Market by Application
  5.1.1 Cars, SUV and ATVs
  5.1.2 Recreational Vehicle (RV)/Motorhomes
  5.1.3 Vans/Pickup Truck
  5.1.4 Boat Trailers
  5.1.5 Others
5.2 Global Trailer Hitch Market Size by Application
  5.2.1 Global Trailer Hitch Market Size Overview by Application (2019-2030)
  5.2.2 Global Trailer Hitch Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Trailer Hitch Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Trailer Hitch Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Trailer Hitch Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Trailer Hitch Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Trailer Hitch Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Trailer Hitch Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Horizon Global Corporation (US)
  6.1.1 Horizon Global Corporation (US) Comapny Information
  6.1.2 Horizon Global Corporation (US) Business Overview
  6.1.3 Horizon Global Corporation (US) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Horizon Global Corporation (US) Trailer Hitch Product Portfolio
  6.1.5 Horizon Global Corporation (US) Recent Developments
6.2 CURT Manufacturing LLC (US)
  6.2.1 CURT Manufacturing LLC (US) Comapny Information
  6.2.2 CURT Manufacturing LLC (US) Business Overview
  6.2.3 CURT Manufacturing LLC (US) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 CURT Manufacturing LLC (US) Trailer Hitch Product Portfolio
  6.2.5 CURT Manufacturing LLC (US) Recent Developments
6.3 B&W Trailer Hitches (US)
  6.3.1 B&W Trailer Hitches (US) Comapny Information
  6.3.2 B&W Trailer Hitches (US) Business Overview
  6.3.3 B&W Trailer Hitches (US) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 B&W Trailer Hitches (US) Trailer Hitch Product Portfolio
  6.3.5 B&W Trailer Hitches (US) Recent Developments
6.4 BOSAL (Belgium)
  6.4.1 BOSAL (Belgium) Comapny Information
  6.4.2 BOSAL (Belgium) Business Overview
  6.4.3 BOSAL (Belgium) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 BOSAL (Belgium) Trailer Hitch Product Portfolio
  6.4.5 BOSAL (Belgium) Recent Developments
6.5 MVG (Germany)
  6.5.1 MVG (Germany) Comapny Information
  6.5.2 MVG (Germany) Business Overview
  6.5.3 MVG (Germany) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 MVG (Germany) Trailer Hitch Product Portfolio
  6.5.5 MVG (Germany) Recent Developments
6.6 AL-KO(Sawiko) (Germany)
  6.6.1 AL-KO(Sawiko) (Germany) Comapny Information
  6.6.2 AL-KO(Sawiko) (Germany) Business Overview
  6.6.3 AL-KO(Sawiko) (Germany) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 AL-KO(Sawiko) (Germany) Trailer Hitch Product Portfolio
  6.6.5 AL-KO(Sawiko) (Germany) Recent Developments
6.7 Brink Group (Netherlands)
  6.7.1 Brink Group (Netherlands) Comapny Information
  6.7.2 Brink Group (Netherlands) Business Overview
  6.7.3 Brink Group (Netherlands) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Brink Group (Netherlands) Trailer Hitch Product Portfolio
  6.7.5 Brink Group (Netherlands) Recent Developments
6.8 Tow-Trust Towbars Ltd (UK)
  6.8.1 Tow-Trust Towbars Ltd (UK) Comapny Information
  6.8.2 Tow-Trust Towbars Ltd (UK) Business Overview
  6.8.3 Tow-Trust Towbars Ltd (UK) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Tow-Trust Towbars Ltd (UK) Trailer Hitch Product Portfolio
  6.8.5 Tow-Trust Towbars Ltd (UK) Recent Developments
6.9 GDW Group (Belgium)
  6.9.1 GDW Group (Belgium) Comapny Information
  6.9.2 GDW Group (Belgium) Business Overview
  6.9.3 GDW Group (Belgium) Trailer Hitch Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 GDW Group (Belgium) Trailer Hitch Product Portfolio
  6.9.5 GDW Group (Belgium) Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Trailer Hitch Sales by Country
  7.1.1 North America Trailer Hitch Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Trailer Hitch Sales by Country (2019-2024)
  7.1.3 North America Trailer Hitch Sales Forecast by Country (2025-2030)
7.2 North America Trailer Hitch Market Size by Country
  7.2.1 North America Trailer Hitch Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Trailer Hitch Market Size by Country (2019-2024)
  7.2.3 North America Trailer Hitch Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Trailer Hitch Sales by Country
  8.1.1 Europe Trailer Hitch Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Trailer Hitch Sales by Country (2019-2024)
  8.1.3 Europe Trailer Hitch Sales Forecast by Country (2025-2030)
8.2 Europe Trailer Hitch Market Size by Country
  8.2.1 Europe Trailer Hitch Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Trailer Hitch Market Size by Country (2019-2024)
  8.2.3 Europe Trailer Hitch Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Trailer Hitch Sales by Country
  9.1.1 Asia-Pacific Trailer Hitch Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Trailer Hitch Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Trailer Hitch Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Trailer Hitch Market Size by Country
  9.2.1 Asia-Pacific Trailer Hitch Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Trailer Hitch Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Trailer Hitch Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Trailer Hitch Sales by Country
  10.1.1 Latin America Trailer Hitch Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Trailer Hitch Sales by Country (2019-2024)
  10.1.3 Latin America Trailer Hitch Sales Forecast by Country (2025-2030)
10.2 Latin America Trailer Hitch Market Size by Country
  10.2.1 Latin America Trailer Hitch Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Trailer Hitch Market Size by Country (2019-2024)
  10.2.3 Latin America Trailer Hitch Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Trailer Hitch Sales by Country
  11.1.1 Middle East and Africa Trailer Hitch Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Trailer Hitch Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Trailer Hitch Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Trailer Hitch Market Size by Country
  11.2.1 Middle East and Africa Trailer Hitch Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Trailer Hitch Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Trailer Hitch Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Trailer Hitch Value Chain Analysis
  12.1.1 Trailer Hitch Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Trailer Hitch Production Mode & Process
12.2 Trailer Hitch Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Trailer Hitch Distributors
  12.2.3 Trailer Hitch Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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