Trailer Hitch Market

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.

Trailer Hitch Market contains market size and forecasts of Trailer Hitch in global, including the following market information:

Global Trailer Hitch Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Trailer Hitch Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Trailer Hitch companies in 2021 (%)

The global Trailer Hitch market was valued at 771.2 million in 2021 and is projected to reach US$ 934.1 million by 2028, at a CAGR of 2.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Class I Trailer Hitch Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Trailer Hitch 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) and GDW Group (Belgium). etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Trailer Hitch manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Trailer Hitch Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Trailer Hitch Market Segment Percentages, by Type, 2021 (%)

Class I Trailer Hitch

Class II Trailer Hitch

Class III Trailer Hitch

Class IV Trailer Hitch

Class V Trailer Hitch

Global Trailer Hitch Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Trailer Hitch Market Segment Percentages, by Application, 2021 (%)

Cars, SUV and ATVs

Recreational Vehicle (RV)/Motorhomes

Vans/Pickup Truck

Boat Trailers

Others

Global Trailer Hitch Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Trailer Hitch Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Trailer Hitch revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Trailer Hitch revenues share in global market, 2021 (%)

Key companies Trailer Hitch sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Trailer Hitch sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players 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)