Report overview
Tow truck (also called a wrecker, a breakdown truck, recovery vehicle or a breakdown lorry) is a truck used to move disabled, improperly parked, impounded, or otherwise indisposed motor vehicles. This may involve recovering a vehicle damaged in an accident, returning one to a drivable surface in a mishap or inclement weather, or towing or transporting one via flatbed to a repair shop or other location.
This report aims to provide a comprehensive presentation of the global market for Tow Truck, 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 Tow Truck. This report contains market size and forecasts of Tow Truck in global, including the following market information:
Global Tow Truck Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tow Truck Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Tow Truck companies in 2022 (%)
The global Tow Truck market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Light-Duty Tow Trucks Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Tow Truck include A and A Truck and Auto Center, Inc.(AATAC), BandB Industries Inc., Carlinville Truck Equipment, Danco Products, Dual-Tech, Dynamic, Godwin, Jerr-Dan and Kilar, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Tow Truck 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 Tow Truck Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Tow Truck Market Segment Percentages, by Type, 2022 (%)
Light-Duty Tow Trucks
Medium-Duty Tow Trucks
Heavy-Duty Tow Trucks
Global Tow Truck Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Tow Truck Market Segment Percentages, by Application, 2022 (%)
Machine Building Industry
Metallurgical Industry
Furniture Industry
Appliance Industry
Others
Global Tow Truck Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Tow Truck Market Segment Percentages, By Region and Country, 2022 (%)
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 Tow Truck revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tow Truck revenues share in global market, 2022 (%)
Key companies Tow Truck sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Tow Truck sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
A and A Truck and Auto Center, Inc.(AATAC)
BandB Industries Inc.
Carlinville Truck Equipment
Danco Products
Dual-Tech
Dynamic
Godwin
Jerr-Dan
Kilar
Ledwell and Son
Miller
NRC Industries
United Recovery Industries
Valew
Weld
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tow Truck, market overview.
Chapter 2: Global Tow Truck market size in revenue and volume.
Chapter 3: Detailed analysis of Tow Truck manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Tow Truck 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tow Truck capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.