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Automotive Tow Bars Market: IAM and OEM Segments by Sales Channel Have Similar Growth Opportunities

Press Release

This comprehensive study on the automotive tow bars market assays an assessment on the market, while delivering critical actionable insights on key dynamics shaping the market. The automotive tow bars market is anticipated to record a rather sluggish CAGR in terms of revenue sales by the end of assessment period, 2017-2022. Spread across 14 all-inclusive chapters, the report offers an extensive segment-wise analysis of key regions, cross-sectional data, and forecast.

The global automotive tow bars market is poised to reach a value of about US$ 6,800 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the forecasted period of 2017 to 2022.

Keeping up with the changing automotive landscape and implementation of new regulation, manufacturers have spurted their innovation process to offer sophisticated tow bars which are efficient, reliable and easily retrofitted. As such, Brink tow bars, a tow bar manufacturer uses 3D vehicle scan in the product development phase; advanced production technologies has leveraged Brink to manufacture tow bars which adhere to strictest in-house norms and European standards.

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Table of Content

1. Global Automotive Tow Bars Market – Executive Summary

2. Global Automotive Tow Bars Market Overview
2.1. Introduction
2.1.1. Global Automotive Tow Bars Market Taxonomy
2.1.2. Global Automotive Tow Bars Market Definition
2.2. Global Automotive Tow Bars Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Tow Bars Market Y-o-Y Growth
2.3. Global Automotive Tow Bars Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Automotive Tow Bars Market Analysis and Forecast By Product Type 
3.1. Global Automotive Tow Bars Market Size and Forecast By Product Type, 2012-2022
3.1.1. Retractable Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Detachable Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Fixed Tow Bars Automotive Tow Bars Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Towing Brackets (& Ball Plates) Automotive Tow Bars Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region

To be Continue……

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Highlights on Global Automotive Tow Bars Market

  • The retractable tow bars segment by product type seems to be the largest segment compared to other segments in product type. It is anticipated to grow and reflect a value of about US$ 2 Bn by 2022 end. The key manufacturers are advised to focus on APEJ region owing to higher potential in this region, apart from Europe in this particular segment
  • The detachable tow bars segment have started to gain popularity in the recent months. The APEJ region is poised to surpass Europe region in this segment and is expected to be a worth over US$ 440 Mn. Europe also shows good attractiveness in this respect
  • IAM and OEM segments by sales channel show similar growth opportunities and both have a revenue share, approximately 1/3rd of the automotive tow bars market.

Automotive Tow Bars Market: Competitive Analysis

A robust assessment of competitive scenario of the automotive tow bars market is propelled by an exhaustive assessment of Porters’ Five Force Analysis offering inputs on potential strategic steps taken competitors. The report incorporates financial overview, portfolio of the product, recent development, namely.  These include companies like Brink Group B.V., David Murphy Towing Brackets Limited, Dixon Bate Limited, Thule Group, Westfalia Automotive GMBH and Bosal International N.V.

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