Global Automotive Retractable Towbar Market 2018-2022
- Published: Mar 2018
- Pages: 94
- SKU: IRTNTR21551
The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!
This market research report presents a comprehensive analysis of the global automotive retractable towbar market based on applications such as passenger vehicles and commercial vehicles. The report also provides an analysis of the market’s growth prospects in regions such as the Americas, APAC, and EMEA.
Overview of the automotive retractable towbar market
The increase in automotive production, particularly in the advanced regions including North America and Europe has been driving the growth of automotive retractable towbar market over the last few years. The automotive retractable towbar is offered as a standard filament or as an additional feature with most of the premium passenger car models launched by automotive giants such as Audi, Range Rover, BMW, and Ford Motor Company. The rapid growth in the automotive production in advanced economies across the globe has directly contributed to the rising demand for automotive retractable towbar market. Technavio’s market research analysis identifies the increasing production of automobiles as one of the primary driving factors for the growth of this market during the next few years. The growing prominence of retractable towbar mounted on premium passenger vehicle segment in the advanced economies including the US, the UK, and Germany is further augmenting the market’s growth. With over 15% increase in automotive sales witnessed by economies including Argentina, the Netherlands, and Poland, the demand for automotive retractable towbar market is expected to accentuate over the next few years. According to Technavio’s market research report, the market is predicted to register a revenue of close to USD 2 billion by 2022.
The increasing demand for electric vehicles and hybrid electric vehicles is gaining traction in the market. Sustainable development and the subsequent demand for green cars has led to the emergence of vehicles running on electricity and other renewable power sources including solar energy, wind energy, and biofuels. In addition, the use of these vehicles is further propelled by several supporting government initiatives such as paying incentives and tax benefits to the adopters and users of green vehicles. The rapidly increasing adoption rates of electric and hybrid vehicles will drive the automotive retractable towbar market throughout the forecast period.
The automotive retractable towbar market is characterized by a presence of both international and regional players. With the increasing demand for hybrid electric vehicles and electric vehicles offering considerable growth opportunities, the players are increasingly focused on expanding their presence across the globe by offering antenna mast mounted on vehicles. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the global automotive retractable towbar market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.
This research report provides an analysis of various companies in the antenna mast market components market including
- Brink Group
- Horizon Global
- Thule Group
Segmentation by application and analysis of the automotive retractable towbar market market
- Passenger vehicles
- Commercial vehicles
Passenger vehicles accounted for the largest share in the automotive retractable towbar market in 2017. According to Technavio’s market research analysts, the segment is likely to continue its dominance in the market throughout the forecast period.
Segmentation by geography and analysis of the automotive retractable towbar market market
EMEA accounted for the largest share in the antenna mast market during 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the market throughout the forecast period owing to the highest production of premium vehicles in the European economies.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global automotive retractable towbar market?
- What are the key market trends impacting the growth of the global automotive retractable towbar market?
- What are the challenges to market growth?
- Who are the key vendors in the global automotive retractable towbar market?
- What are the market opportunities and threats faced by the vendors in the global automotive retractable towbar market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global automotive retractable towbar market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Passenger vehicles – Market size and forecast 2017-2022
- Commercial vehicles – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing demand for HEVs and EVs
- Technological progress in towing mirror
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Brink Group
- Horizon Global
- Thule Group
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.