Car Retractable Towbar Market

A retractable towbar is a towbar solution that can easily be folded out of sight if you are not using it.

A retractable towbar can be easily folded away under the bumper when it is not in use. Offering the same advantages as a detachable towbar, the simple precision rotation mechanism means that a retractable towbar takes seconds to hide away or prepare for use. This type of towbar can be wired into your vehicle?s electrical system. A retractable towbar can tow trailers, caravans and boats and is also compatible with a majority of cycle carriers. With a swan-shaped neck, the tow ball doesn?t need to be stored separately when folded away, as this too is concealed underneath the bumper.
Car Retractable Towbar Market contains market size and forecasts of Car Retractable Towbar in global, including the following market information:
Global Car Retractable Towbar Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Car Retractable Towbar Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Car Retractable Towbar companies in 2021 (%)
The global Car Retractable Towbar market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Manually Retractable Towbar Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Car Retractable Towbar include Westfalia (Horizon Global), Brink, ACPS Automotive, Witter Towbars, Bosal, PCT Towbar, Tow-Trust Towbars, Linnepe and Thule Group. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Car Retractable Towbar 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 Car Retractable Towbar Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Retractable Towbar Market Segment Percentages, by Type, 2021 (%)
Manually Retractable Towbar
Electric Retractable Towbar
Global Car Retractable Towbar Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Retractable Towbar Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicles
Commercial Vehicles
Global Car Retractable Towbar Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Retractable Towbar 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 Car Retractable Towbar revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Car Retractable Towbar revenues share in global market, 2021 (%)
Key companies Car Retractable Towbar sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Car Retractable Towbar sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Westfalia (Horizon Global)
Brink
ACPS Automotive
Witter Towbars
Bosal
PCT Towbar
Tow-Trust Towbars
Linnepe
Thule Group