The global vehicle trailer hitch market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for recreational vehicles and boats, which in turn is driving the demand for trailer hitches. The increasing number of people who are opting for recreational activities such as camping and fishing has led to an increase in the demand for trailers and boat trailers. This has also led to an increase in the number of vehicles that are being sold with trailer hitches installed on them.
The Class I Trailer Hitch segment accounted for a share of over 50% in 2017, owing to its high usage rate among RVs and vans/pickup trucks. The Class II Trailer Hitch segment accounted for a share of over 30% in 2017 due to its high usage rate among boat trailers.
Some Of The Growth Factors Of This Market:
- The increasing number of vehicles in the world.
- The increasing demand for cargo transportation.
- The increase in the number of people who are living in urban areas and need to commute to work.
- The increase in the number of people who are living in rural areas and need to transport goods from one place to another.
- Increasing demand for recreational vehicles.
Industry Growth Insights published a new data on “Vehicle Trailer Hitch Market”. The research report is titled “Vehicle Trailer Hitch Market research by Types (Class I Trailer Hitch, Class II Trailer Hitch, Class III Trailer Hitch, Class IV Trailer Hitch, Class V Trailer Hitch), By Applications (RVs, Vans/Pickup Truck, Boat Trailers, Other), By Players/Companies Horizon Global Corporation, CURT Manufacturing LLC, B&W Trailer Hitches, Bosal ACPS, MVG, AL-KO(Sawiko), Brink Group, Tow-Trust Towbars Ltd, GDW Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Trailer Hitch Market Research Report
By Type
Class I Trailer Hitch, Class II Trailer Hitch, Class III Trailer Hitch, Class IV Trailer Hitch, Class V Trailer Hitch
By Application
RVs, Vans/Pickup Truck, Boat Trailers, Other
By Companies
Horizon Global Corporation, CURT Manufacturing LLC, B&W Trailer Hitches, Bosal ACPS, MVG, AL-KO(Sawiko), Brink Group, Tow-Trust Towbars Ltd, GDW Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Trailer Hitch Market Report Segments:
The global Vehicle Trailer Hitch market is segmented on the basis of:
Types
Class I Trailer Hitch, Class II Trailer Hitch, Class III Trailer Hitch, Class IV Trailer Hitch, Class V Trailer Hitch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
RVs, Vans/Pickup Truck, Boat Trailers, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Horizon Global Corporation
- CURT Manufacturing LLC
- B&W Trailer Hitches
- Bosal ACPS
- MVG
- AL-KO(Sawiko)
- Brink Group
- Tow-Trust Towbars Ltd
- GDW Group
Highlights of The Vehicle Trailer Hitch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Class I Trailer Hitch
- Class II Trailer Hitch
- Class III Trailer Hitch
- Class IV Trailer Hitch
- Class V Trailer Hitch
- By Application:
- RVs
- Vans/Pickup Truck
- Boat Trailers
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vehicle Trailer Hitch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vehicle trailer hitch is a type of hitch that attaches to the rear of a vehicle and allows for towing or transporting cargo.
Some of the major companies in the vehicle trailer hitch market are Horizon Global Corporation, CURT Manufacturing LLC, B&W Trailer Hitches, Bosal ACPS, MVG, AL-KO(Sawiko), Brink Group, Tow-Trust Towbars Ltd, GDW Group.
The vehicle trailer hitch market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Trailer Hitch Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Trailer Hitch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Trailer Hitch Market - Supply Chain
4.5. Global Vehicle Trailer Hitch Market Forecast
4.5.1. Vehicle Trailer Hitch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Trailer Hitch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Trailer Hitch Market Absolute $ Opportunity
5. Global Vehicle Trailer Hitch Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Trailer Hitch Market Size and Volume Forecast by Type
5.3.1. Class I Trailer Hitch
5.3.2. Class II Trailer Hitch
5.3.3. Class III Trailer Hitch
5.3.4. Class IV Trailer Hitch
5.3.5. Class V Trailer Hitch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Trailer Hitch Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Trailer Hitch Market Size and Volume Forecast by Application
6.3.1. RVs
6.3.2. Vans/Pickup Truck
6.3.3. Boat Trailers
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Trailer Hitch Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Trailer Hitch Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Trailer Hitch Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Trailer Hitch Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Trailer Hitch Demand Share Forecast, 2019-2026
9. North America Vehicle Trailer Hitch Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Trailer Hitch Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Trailer Hitch Market Size and Volume Forecast by Application
9.4.1. RVs
9.4.2. Vans/Pickup Truck
9.4.3. Boat Trailers
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Trailer Hitch Market Size and Volume Forecast by Type
9.7.1. Class I Trailer Hitch
9.7.2. Class II Trailer Hitch
9.7.3. Class III Trailer Hitch
9.7.4. Class IV Trailer Hitch
9.7.5. Class V Trailer Hitch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Trailer Hitch Demand Share Forecast, 2019-2026
10. Latin America Vehicle Trailer Hitch Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Trailer Hitch Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Trailer Hitch Market Size and Volume Forecast by Application
10.4.1. RVs
10.4.2. Vans/Pickup Truck
10.4.3. Boat Trailers
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Trailer Hitch Market Size and Volume Forecast by Type
10.7.1. Class I Trailer Hitch
10.7.2. Class II Trailer Hitch
10.7.3. Class III Trailer Hitch
10.7.4. Class IV Trailer Hitch
10.7.5. Class V Trailer Hitch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Trailer Hitch Demand Share Forecast, 2019-2026
11. Europe Vehicle Trailer Hitch Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Trailer Hitch Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Trailer Hitch Market Size and Volume Forecast by Application
11.4.1. RVs
11.4.2. Vans/Pickup Truck
11.4.3. Boat Trailers
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Trailer Hitch Market Size and Volume Forecast by Type
11.7.1. Class I Trailer Hitch
11.7.2. Class II Trailer Hitch
11.7.3. Class III Trailer Hitch
11.7.4. Class IV Trailer Hitch
11.7.5. Class V Trailer Hitch
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Trailer Hitch Demand Share, 2019-2026
12. Asia Pacific Vehicle Trailer Hitch Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Trailer Hitch Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Trailer Hitch Market Size and Volume Forecast by Application
12.4.1. RVs
12.4.2. Vans/Pickup Truck
12.4.3. Boat Trailers
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Trailer Hitch Market Size and Volume Forecast by Type
12.7.1. Class I Trailer Hitch
12.7.2. Class II Trailer Hitch
12.7.3. Class III Trailer Hitch
12.7.4. Class IV Trailer Hitch
12.7.5. Class V Trailer Hitch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Trailer Hitch Demand Share, 2019-2026
13. Middle East & Africa Vehicle Trailer Hitch Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Trailer Hitch Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Trailer Hitch Market Size and Volume Forecast by Application
13.4.1. RVs
13.4.2. Vans/Pickup Truck
13.4.3. Boat Trailers
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Trailer Hitch Market Size and Volume Forecast by Type
13.7.1. Class I Trailer Hitch
13.7.2. Class II Trailer Hitch
13.7.3. Class III Trailer Hitch
13.7.4. Class IV Trailer Hitch
13.7.5. Class V Trailer Hitch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Trailer Hitch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Trailer Hitch Market: Market Share Analysis
14.2. Vehicle Trailer Hitch Distributors and Customers
14.3. Vehicle Trailer Hitch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Horizon Global Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CURT Manufacturing LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. B&W Trailer Hitches
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bosal ACPS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MVG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AL-KO(Sawiko)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brink Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tow-Trust Towbars Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GDW Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
