Trailer Hitch Market Share, Size Global Growth Prospects, Growth, Trends, Industry Analysis, Key Players and Forecast to 2027

Posted on Nov 30 2021 6:15 AM

"Trailer Hitch Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. "

Global Trailer Hitch Market includes Elaborative company profiling of leading players of the Trailer Hitch market. All of the segments studied in the report are analyzed based on different factors such as market share, revenue, and CAGR. The analysts have also thoroughly analyzed different regions such as North America, Europe, and the Asia Pacific on the basis of production, revenue, and sales in the Trailer Hitch market. The researchers used advanced primary and secondary research methodologies and tools for preparing this report on the Trailer Hitch market.

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About 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.

Horizon Global Corporation is a leader of trailer hitch through acquisitions to strengthen its market position, like Horizon Global Corporation acquired Witter Towbars and Westfalia-Automotive in 2013 and 2016. Now Horizon Global Corporation has several brands to produce and sell trailer hitch in the world, like Westfalia-Automotive from Germany, TriMotive, Draw Tite and Reese from United States, Hayman Reese from Australia, Hidden Hitch from Canada while Witter Towbars from UK.

Market Analysis and Insights: Global Trailer Hitch Market

The global Trailer Hitch market was valued at USD 706.2 million in 2019 and it is expected to reach USD 864.7 million by the end of 2026, growing at a CAGR of 2.9% during 2021-2026.

Global Trailer Hitch Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Trailer Hitch

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Here is List of BEST KEY PLAYERS Listed in Trailer Hitch Market Report are:-

  • 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)

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Trailer Hitch Market Segmentation By Type:

  • Class I Trailer Hitch
  • Class II Trailer Hitch
  • Class III Trailer Hitch
  • Class IV Trailer Hitch
  • Class V Trailer Hitch

Trailer Hitch Market Segmentation By Application:

  • Cars, SUV and ATVs
  • Recreational Vehicle (RV)/Motorhomes
  • Vans/Pickup Truck
  • Boat Trailers
  • Others

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The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Trailer Hitch in these regions, from 2015 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Trailer Hitch Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2027. Trailer Hitch Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report. Trailer Hitch Market Size (sales, revenue) forecast by regions and countries from 2021 to 2027 of Trailer Hitch industry.The global Trailer Hitch market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Trailer Hitch Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. Trailer Hitch Market Report also mentions market share accrued by each product in the Trailer Hitch market, along with the production growth.

Study Objectives of this report are:

  • To study and analyze the global Trailer Hitch market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2027.
  • To understand the structure of Trailer Hitch market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Trailer Hitch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Trailer Hitch with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of Trailer Hitch submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Key Stakeholders

  • Raw material suppliers
  • Distributors/traders/wholesalers/suppliers
  • Regulatory bodies, including government agencies and NGO
  • Commercial research & development (R&D) institutions
  • Importers and exporters
  • Government organizations, research organizations, and consulting firms
  • Trade associations and industry bodies
  • End-use industries

This Trailer Hitch Market Research/Analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is used for Trailer Hitch? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Trailer Hitch Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Trailer Hitch Market? What Was Capacity, Production Value, Cost and PROFIT of Trailer Hitch Market?
  • What Is Current Market Status of Trailer Hitch Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Trailer Hitch Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Trailer Hitch Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Trailer Hitch Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Trailer Hitch Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Trailer Hitch Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Trailer Hitch Industry?

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Detailed TOC of Global Trailer Hitch Market Report 2021

1 Trailer Hitch Market Overview
1.1 Product Overview and Scope of Trailer Hitch
1.2 Trailer Hitch Segment by Type
1.2.1 Global Trailer Hitch Market Size Growth Rate Analysis by Type 2021 VS 2027
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 Trailer Hitch Segment by Application
1.3.1 Global Trailer Hitch Consumption Comparison by Application: 2016 VS 2021 VS 2027
1.3.2 Cars, SUV and ATVs
1.3.3 Recreational Vehicle (RV)/Motorhomes
1.3.4 Vans/Pickup Truck
1.3.5 Boat Trailers
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Trailer Hitch Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Trailer Hitch Production Estimates and Forecasts (2016-2027)
1.5 Global Trailer Hitch Market by Region
1.5.1 Global Trailer Hitch Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027
1.5.2 North America Trailer Hitch Estimates and Forecasts (2016-2027)
1.5.3 Europe Trailer Hitch Estimates and Forecasts (2016-2027)

2 Market Competition by Manufacturers
2.1 Global Trailer Hitch Production Market Share by Manufacturers (2016-2021)
2.2 Global Trailer Hitch Revenue Market Share by Manufacturers (2016-2021)
2.3 Trailer Hitch Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Trailer Hitch Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Trailer Hitch Production Sites, Area Served, Product Types
2.6 Trailer Hitch Market Competitive Situation and Trends
2.6.1 Trailer Hitch Market Concentration Rate
2.6.2 Global 5 and 10 Largest Trailer Hitch Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production and Capacity by Region
3.1 Global Production of Trailer Hitch Market Share by Region (2016-2021)
3.2 Global Trailer Hitch Revenue Market Share by Region (2016-2021)
3.3 Global Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Trailer Hitch Production
3.4.1 North America Trailer Hitch Production Growth Rate (2016-2021)
3.4.2 North America Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Trailer Hitch Production
3.5.1 Europe Trailer Hitch Production Growth Rate (2016-2021)
3.5.2 Europe Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)

4 Global Trailer Hitch Consumption by Region
4.1 Global Trailer Hitch Consumption by Region
4.1.1 Global Trailer Hitch Consumption by Region
4.1.2 Global Trailer Hitch Consumption Market Share by Region
4.2 North America
4.2.1 North America Trailer Hitch Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Trailer Hitch Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Trailer Hitch Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Trailer Hitch Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

5 Production, Revenue, Price Trend by Type
5.1 Global Trailer Hitch Production Market Share by Type (2016-2021)
5.2 Global Trailer Hitch Revenue Market Share by Type (2016-2021)
5.3 Global Trailer Hitch Price by Type (2016-2021)

6 Consumption Analysis by Application
6.1 Global Trailer Hitch Consumption Market Share by Application (2016-2021)
6.2 Global Trailer Hitch Consumption Growth Rate by Application (2016-2021)

7 Key Companies Profiled
7.1 Horizon Global Corporation (US)
7.1.1 Horizon Global Corporation (US) Trailer Hitch Corporation Information
7.1.2 Horizon Global Corporation (US) Trailer Hitch Product Portfolio
7.1.3 Horizon Global Corporation (US) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Horizon Global Corporation (US) Main Business and Markets Served
7.1.5 Horizon Global Corporation (US) Recent Developments/Updates
7.2 CURT Manufacturing LLC (US)
7.2.1 CURT Manufacturing LLC (US) Trailer Hitch Corporation Information
7.2.2 CURT Manufacturing LLC (US) Trailer Hitch Product Portfolio
7.2.3 CURT Manufacturing LLC (US) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.2.4 CURT Manufacturing LLC (US) Main Business and Markets Served
7.2.5 CURT Manufacturing LLC (US) Recent Developments/Updates
7.3 B&W Trailer Hitches (US)
7.3.1 B&W Trailer Hitches (US) Trailer Hitch Corporation Information
7.3.2 B&W Trailer Hitches (US) Trailer Hitch Product Portfolio
7.3.3 B&W Trailer Hitches (US) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.3.4 B&W Trailer Hitches (US) Main Business and Markets Served
7.3.5 B&W Trailer Hitches (US) Recent Developments/Updates
7.4 BOSAL (Belgium)
7.4.1 BOSAL (Belgium) Trailer Hitch Corporation Information
7.4.2 BOSAL (Belgium) Trailer Hitch Product Portfolio
7.4.3 BOSAL (Belgium) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.4.4 BOSAL (Belgium) Main Business and Markets Served
7.4.5 BOSAL (Belgium) Recent Developments/Updates
7.5 MVG (Germany)
7.5.1 MVG (Germany) Trailer Hitch Corporation Information
7.5.2 MVG (Germany) Trailer Hitch Product Portfolio
7.5.3 MVG (Germany) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.5.4 MVG (Germany) Main Business and Markets Served
7.5.5 MVG (Germany) Recent Developments/Updates
7.6 AL-KO(Sawiko) (Germany)
7.6.1 AL-KO(Sawiko) (Germany) Trailer Hitch Corporation Information
7.6.2 AL-KO(Sawiko) (Germany) Trailer Hitch Product Portfolio
7.6.3 AL-KO(Sawiko) (Germany) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.6.4 AL-KO(Sawiko) (Germany) Main Business and Markets Served
7.6.5 AL-KO(Sawiko) (Germany) Recent Developments/Updates
7.7 Brink Group (Netherlands)
7.7.1 Brink Group (Netherlands) Trailer Hitch Corporation Information
7.7.2 Brink Group (Netherlands) Trailer Hitch Product Portfolio
7.7.3 Brink Group (Netherlands) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.7.4 Brink Group (Netherlands) Main Business and Markets Served
7.7.5 Brink Group (Netherlands) Recent Developments/Updates
7.8 Tow-Trust Towbars Ltd (UK)
7.8.1 Tow-Trust Towbars Ltd (UK) Trailer Hitch Corporation Information
7.8.2 Tow-Trust Towbars Ltd (UK) Trailer Hitch Product Portfolio
7.8.3 Tow-Trust Towbars Ltd (UK) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Tow-Trust Towbars Ltd (UK) Main Business and Markets Served
7.7.5 Tow-Trust Towbars Ltd (UK) Recent Developments/Updates
7.9 GDW Group (Belgium)
7.9.1 GDW Group (Belgium) Trailer Hitch Corporation Information
7.9.2 GDW Group (Belgium) Trailer Hitch Product Portfolio
7.9.3 GDW Group (Belgium) Trailer Hitch Production, Revenue, Price and Gross Margin (2016-2021)
7.9.4 GDW Group (Belgium) Main Business and Markets Served
7.9.5 GDW Group (Belgium) Recent Developments/Updates

8 Trailer Hitch Manufacturing Cost Analysis
8.1 Trailer Hitch Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Trailer Hitch
8.4 Trailer Hitch Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Trailer Hitch Distributors List
9.3 Trailer Hitch Customers

10 Market Dynamics
10.1 Trailer Hitch Industry Trends
10.2 Trailer Hitch Growth Drivers
10.3 Trailer Hitch Market Challenges
10.4 Trailer Hitch Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Trailer Hitch by Region (2022-2027)
11.2 North America Trailer Hitch Production, Revenue Forecast (2022-2027)
11.3 Europe Trailer Hitch Production, Revenue Forecast (2022-2027)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Trailer Hitch
12.2 North America Forecasted Consumption of Trailer Hitch by Country
12.3 Europe Market Forecasted Consumption of Trailer Hitch by Country
12.4 Asia Pacific Market Forecasted Consumption of Trailer Hitch by Region
12.5 Latin America Forecasted Consumption of Trailer Hitch by Country
13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.1.1 Global Forecasted Production of Trailer Hitch by Type (2022-2027)
13.1.2 Global Forecasted Revenue of Trailer Hitch by Type (2022-2027)
13.1.3 Global Forecasted Price of Trailer Hitch by Type (2022-2027)
13.2 Global Forecasted Consumption of Trailer Hitch by Application (2022-2027)
14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

Continued….

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