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Global Vehicle Trailer Hitch Market Research Report 2024
Synopsis
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.
The global Vehicle Trailer Hitch market was valued at US$ 749.5 million in 2023 and is anticipated to reach US$ 1014.7 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Vehicle 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 Vehicle Trailer Hitch.
Report Scope
The Vehicle Trailer Hitch market size, estimations, and forecasts are provided in terms of output/shipments (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 Vehicle 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.
The report will help the Vehicle Trailer Hitch manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Horizon Global Corporation
CURT Manufacturing LLC
B&W Trailer Hitches
Bosal ACPS
MVG
AL-KO(Sawiko)
Brink Group
Tow-Trust Towbars Ltd
GDW Group
Segment by Type
Class I Trailer Hitch
Class II Trailer Hitch
Class III Trailer Hitch
Class IV Trailer Hitch
Class V Trailer Hitch
Segment by Application
RVs
Vans/Pickup Truck
Boat Trailers
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vehicle Trailer Hitch manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vehicle Trailer Hitch by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vehicle Trailer Hitch in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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.
The global Vehicle Trailer Hitch market was valued at US$ 749.5 million in 2023 and is anticipated to reach US$ 1014.7 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Vehicle 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 Vehicle Trailer Hitch.
Report Scope
The Vehicle Trailer Hitch market size, estimations, and forecasts are provided in terms of output/shipments (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 Vehicle 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.
The report will help the Vehicle Trailer Hitch manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Horizon Global Corporation
CURT Manufacturing LLC
B&W Trailer Hitches
Bosal ACPS
MVG
AL-KO(Sawiko)
Brink Group
Tow-Trust Towbars Ltd
GDW Group
Segment by Type
Class I Trailer Hitch
Class II Trailer Hitch
Class III Trailer Hitch
Class IV Trailer Hitch
Class V Trailer Hitch
Segment by Application
RVs
Vans/Pickup Truck
Boat Trailers
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vehicle Trailer Hitch manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vehicle Trailer Hitch by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vehicle Trailer Hitch in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Vehicle Trailer Hitch Market Overview
1.1 Product Definition
1.2 Vehicle Trailer Hitch Segment by Type
1.2.1 Global Vehicle Trailer Hitch Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Class I Trailer Hitch
1.2.3 Class II Trailer Hitch
1.2.4 Class III Trailer Hitch
1.2.5 Class IV Trailer Hitch
1.2.6 Class V Trailer Hitch
1.3 Vehicle Trailer Hitch Segment by Application
1.3.1 Global Vehicle Trailer Hitch Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 RVs
1.3.3 Vans/Pickup Truck
1.3.4 Boat Trailers
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Vehicle Trailer Hitch Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Vehicle Trailer Hitch Production Estimates and Forecasts (2019-2030)
1.4.4 Global Vehicle Trailer Hitch Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vehicle Trailer Hitch Production Market Share by Manufacturers (2019-2024)
2.2 Global Vehicle Trailer Hitch Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Vehicle Trailer Hitch, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Vehicle Trailer Hitch Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Vehicle Trailer Hitch Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Vehicle Trailer Hitch, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vehicle Trailer Hitch, Product Offered and Application
2.8 Global Key Manufacturers of Vehicle Trailer Hitch, Date of Enter into This Industry
2.9 Vehicle Trailer Hitch Market Competitive Situation and Trends
2.9.1 Vehicle Trailer Hitch Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vehicle Trailer Hitch Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vehicle Trailer Hitch Production by Region
3.1 Global Vehicle Trailer Hitch Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Vehicle Trailer Hitch Production Value by Region (2019-2030)
3.2.1 Global Vehicle Trailer Hitch Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Vehicle Trailer Hitch by Region (2025-2030)
3.3 Global Vehicle Trailer Hitch Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Vehicle Trailer Hitch Production by Region (2019-2030)
3.4.1 Global Vehicle Trailer Hitch Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Vehicle Trailer Hitch by Region (2025-2030)
3.5 Global Vehicle Trailer Hitch Market Price Analysis by Region (2019-2024)
3.6 Global Vehicle Trailer Hitch Production and Value, Year-over-Year Growth
3.6.1 North America Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Vehicle Trailer Hitch Production Value Estimates and Forecasts (2019-2030)
4 Vehicle Trailer Hitch Consumption by Region
4.1 Global Vehicle Trailer Hitch Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Vehicle Trailer Hitch Consumption by Region (2019-2030)
4.2.1 Global Vehicle Trailer Hitch Consumption by Region (2019-2024)
4.2.2 Global Vehicle Trailer Hitch Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Vehicle Trailer Hitch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Vehicle Trailer Hitch Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vehicle Trailer Hitch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Vehicle Trailer Hitch Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Vehicle Trailer Hitch Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Vehicle Trailer Hitch Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Vehicle Trailer Hitch Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Vehicle Trailer Hitch Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Vehicle Trailer Hitch Production by Type (2019-2030)
5.1.1 Global Vehicle Trailer Hitch Production by Type (2019-2024)
5.1.2 Global Vehicle Trailer Hitch Production by Type (2025-2030)
5.1.3 Global Vehicle Trailer Hitch Production Market Share by Type (2019-2030)
5.2 Global Vehicle Trailer Hitch Production Value by Type (2019-2030)
5.2.1 Global Vehicle Trailer Hitch Production Value by Type (2019-2024)
5.2.2 Global Vehicle Trailer Hitch Production Value by Type (2025-2030)
5.2.3 Global Vehicle Trailer Hitch Production Value Market Share by Type (2019-2030)
5.3 Global Vehicle Trailer Hitch Price by Type (2019-2030)
6 Segment by Application
6.1 Global Vehicle Trailer Hitch Production by Application (2019-2030)
6.1.1 Global Vehicle Trailer Hitch Production by Application (2019-2024)
6.1.2 Global Vehicle Trailer Hitch Production by Application (2025-2030)
6.1.3 Global Vehicle Trailer Hitch Production Market Share by Application (2019-2030)
6.2 Global Vehicle Trailer Hitch Production Value by Application (2019-2030)
6.2.1 Global Vehicle Trailer Hitch Production Value by Application (2019-2024)
6.2.2 Global Vehicle Trailer Hitch Production Value by Application (2025-2030)
6.2.3 Global Vehicle Trailer Hitch Production Value Market Share by Application (2019-2030)
6.3 Global Vehicle Trailer Hitch Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Horizon Global Corporation
7.1.1 Horizon Global Corporation Vehicle Trailer Hitch Corporation Information
7.1.2 Horizon Global Corporation Vehicle Trailer Hitch Product Portfolio
7.1.3 Horizon Global Corporation Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Horizon Global Corporation Main Business and Markets Served
7.1.5 Horizon Global Corporation Recent Developments/Updates
7.2 CURT Manufacturing LLC
7.2.1 CURT Manufacturing LLC Vehicle Trailer Hitch Corporation Information
7.2.2 CURT Manufacturing LLC Vehicle Trailer Hitch Product Portfolio
7.2.3 CURT Manufacturing LLC Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.2.4 CURT Manufacturing LLC Main Business and Markets Served
7.2.5 CURT Manufacturing LLC Recent Developments/Updates
7.3 B&W Trailer Hitches
7.3.1 B&W Trailer Hitches Vehicle Trailer Hitch Corporation Information
7.3.2 B&W Trailer Hitches Vehicle Trailer Hitch Product Portfolio
7.3.3 B&W Trailer Hitches Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.3.4 B&W Trailer Hitches Main Business and Markets Served
7.3.5 B&W Trailer Hitches Recent Developments/Updates
7.4 Bosal ACPS
7.4.1 Bosal ACPS Vehicle Trailer Hitch Corporation Information
7.4.2 Bosal ACPS Vehicle Trailer Hitch Product Portfolio
7.4.3 Bosal ACPS Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bosal ACPS Main Business and Markets Served
7.4.5 Bosal ACPS Recent Developments/Updates
7.5 MVG
7.5.1 MVG Vehicle Trailer Hitch Corporation Information
7.5.2 MVG Vehicle Trailer Hitch Product Portfolio
7.5.3 MVG Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.5.4 MVG Main Business and Markets Served
7.5.5 MVG Recent Developments/Updates
7.6 AL-KO(Sawiko)
7.6.1 AL-KO(Sawiko) Vehicle Trailer Hitch Corporation Information
7.6.2 AL-KO(Sawiko) Vehicle Trailer Hitch Product Portfolio
7.6.3 AL-KO(Sawiko) Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.6.4 AL-KO(Sawiko) Main Business and Markets Served
7.6.5 AL-KO(Sawiko) Recent Developments/Updates
7.7 Brink Group
7.7.1 Brink Group Vehicle Trailer Hitch Corporation Information
7.7.2 Brink Group Vehicle Trailer Hitch Product Portfolio
7.7.3 Brink Group Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Brink Group Main Business and Markets Served
7.7.5 Brink Group Recent Developments/Updates
7.8 Tow-Trust Towbars Ltd
7.8.1 Tow-Trust Towbars Ltd Vehicle Trailer Hitch Corporation Information
7.8.2 Tow-Trust Towbars Ltd Vehicle Trailer Hitch Product Portfolio
7.8.3 Tow-Trust Towbars Ltd Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Tow-Trust Towbars Ltd Main Business and Markets Served
7.7.5 Tow-Trust Towbars Ltd Recent Developments/Updates
7.9 GDW Group
7.9.1 GDW Group Vehicle Trailer Hitch Corporation Information
7.9.2 GDW Group Vehicle Trailer Hitch Product Portfolio
7.9.3 GDW Group Vehicle Trailer Hitch Production, Value, Price and Gross Margin (2019-2024)
7.9.4 GDW Group Main Business and Markets Served
7.9.5 GDW Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vehicle Trailer Hitch Industry Chain Analysis
8.2 Vehicle Trailer Hitch Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vehicle Trailer Hitch Production Mode & Process
8.4 Vehicle Trailer Hitch Sales and Marketing
8.4.1 Vehicle Trailer Hitch Sales Channels
8.4.2 Vehicle Trailer Hitch Distributors
8.5 Vehicle Trailer Hitch Customers
9 Vehicle Trailer Hitch Market Dynamics
9.1 Vehicle Trailer Hitch Industry Trends
9.2 Vehicle Trailer Hitch Market Drivers
9.3 Vehicle Trailer Hitch Market Challenges
9.4 Vehicle Trailer Hitch Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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