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Vehicle Trailer Hitch Market, Global Outlook and Forecast 2023-2032

Vehicle Trailer Hitch Market, Global Outlook and Forecast 2023-2032

  • Published on : 27 September 2023
  • Pages :77
  • Report Code:SMR-7819161

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Report overview

The global Vehicle Trailer Hitch market was valued at US$ 771.2 million in 2022 and is projected to reach US$ 1024.7 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 vehicles 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.
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. This report contains market size and forecasts of Vehicle Trailer Hitch in global, including the following market information:
Global Vehicle Trailer Hitch Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Vehicle Trailer Hitch Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Vehicle Trailer Hitch companies in 2022 (%)


Global Trailer Hitch main players are Horizon Global Corporation, BOSAL, Brink Group, Tow-Trust Towbars Ltd, etc. Global top four manufacturers hold a share over 50%. Europe is the largest market, with a share nearly 55%.
We surveyed the Vehicle 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 Vehicle Trailer Hitch Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Vehicle Trailer Hitch Market Segment Percentages, by Type, 2022 (%)

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

Global Vehicle Trailer Hitch Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Vehicle Trailer Hitch Market Segment Percentages, by Application, 2022 (%)

  • RVs
  • Vans/Pickup Truck
  • Boat Trailers
  • Other

Global Vehicle Trailer Hitch Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Vehicle Trailer Hitch 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 Vehicle Trailer Hitch revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Vehicle Trailer Hitch revenues share in global market, 2022 (%)
  • Key companies Vehicle Trailer Hitch sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Vehicle Trailer Hitch sales share in global market, 2022 (%)

key players include:

  • Horizon Global Corporation
  • CURT Manufacturing LLC
  • B&W Trailer Hitches
  • Bosal ACPS
  • MVG
  • AL-KO(Sawiko)
  • Brink Group
  • Tow-Trust Towbars Ltd
  • GDW Group

Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Trailer Hitch, market overview.
Chapter 2: Global Vehicle Trailer Hitch market size in revenue and volume.
Chapter 3: Detailed analysis of Vehicle Trailer Hitch 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 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 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 Vehicle Trailer Hitch 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.