Global Automotive Retractable Towbar Market 2018-2022

About Automotive Retractable Towbar
An automotive retractable towbar is used for towing vehicle. It has the advantage of tucking it behind or under the bumper of the vehicles after use. The manual work involved in towing vehicles is lesser when compared with other types of towbars.
Our analysts forecast the Global automotive retractable towbar market to grow at a CAGR of 3.08% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the automotive retractable towbar. To calculate the market size, the report considers the revenue generated from the sales of OEM-fitted products for both passenger and commercial vehicles.
The market is divided into the following segments based on geography:
• Americas

Our report, Global Automotive Retractable Towbar Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Brink Group
• Horizon Global
• TriMas
• Thule Group

Market driver
• Increasing production of automobiles
• For a full, detailed list, view our report

Market challenge
• High cost of retractable towbars
• For a full, detailed list, view our report

Market trend
• Increasing demand for HEVs and EVs
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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