Global Towing Equipment Market . The report will give the past market trends from 2017 and forecast from 2021 to 2026 by considering 2020 a differently. The report forecast that market for Towing Equipment will reach to XX Bn by 2026 and has given the regional break up by countries.
Global Towing Equipment Market was valued at US$ 1.58 Bn. in 2020 and is expected to reach US$ 2.16 Bn. by 2027, at a CAGR of 4.6% during a forecast period.
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The report has covered the market drivers and different strategies implemented by key players for expansion and to retain their client base by focusing on market leaders, market followers and new entrants in the market or region. The drivers of the market and revenue of each key players in each segment are analysed to give deep insights in brief to make user understand the market scenario in less time. While forecasting for each year, rational behind forecast are given that are supposed to drive or restrain the market. Focus on each players and their sales by unit by brand make this report unique in the industry.
The Towing Equipment market faced several challenges in 2020 including Covid lock-down and sudden decrease in demand however, the demand is expected to normalize in 2021 and is expected to pick up in 2022, which is covered in the report.
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Scope of the Global Towing Equipment Market :
Global Towing Equipment Market Key Players
• Inventive Products
• Maxxhaul Towing Products
• Mumby Manufacturing
• My Air Hitch
• Andersen Hitches
• B&W Trailer Hitches
• Blue Ox
• Butler Products
• Buyers Products
• CAMCO MANUFACTURING
• Cat's Head Industries (Lynx Engineering)
• PullRite
• Rigid Hitch
• Thule Group
• Torklift International
• TRIMAX LOCK
• Denray Products
• Fastway Trailer
• Hopkins Manufacturing Corporation
• Husky Liners
• PopUp Hitch
• Progress Mfg.
• U-Haul
• Weigh Safe
• Westin Automotive
• Winston Products
The report has profiled key players in the market by their size and presence by regions. Since, there are limitation to profile all the kay player, representation is given to companies by region, sales revenue, expenditure on technology, expansion plans, investments received, involved in M&A.
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