Global Trailer Hitch Market Size, Share – Segmented by Products, Usability, Application, End Users, and Geography, Trends and Forecast 2024
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  • Global Trailer Hitch Market Size, Share – Segmented by Products, Usability, Application, End Users, and Geography, Trends and Forecast 2024

    (Transportation-News.com, June 14, 2019 ) 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 vehicle’s 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.

    Request a sample of Trailer Hitch Market report @ http://www.arcognizance.com/enquiry-sample/267420

    Horizon Global Corporation is a leader of trailer hitch through acquisitions to strengthen its market position, like Horizon Global Corporation acquired Witter Towbars and Westfalia-Automotive in 2013 and 2016. Now Horizon Global Corporation has several brands to produce and sell trailer hitch in the world, like Westfalia-Automotive from Germany, TriMotive, Draw Tite and Reese from United States, Hayman Reese from Australia, Hidden Hitch from Canada while Witter Towbars from UK.
    Currently the Trailer Hitch market is dominated by North America and Europe, Asia-Pacific will play a more important role in future, especially in China, Southeast Asia and India etc.

    According to this study, over the next five years the Trailer Hitch market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 790 million by 2024, from US$ 660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Trailer Hitch business, shared in Chapter 3.

    This report presents a comprehensive overview, market shares, and growth opportunities of Trailer Hitch market by product type, application, key manufacturers and key regions and countries.

    Access this report of Trailer Hitch Market @ http://arcognizance.com/report/global-trailer-hitch-market-growth-2019-2024

    Segmentation by product type:
    Class I Trailer Hitch
    Class II Trailer Hitch
    Class III Trailer Hitch
    Class IV Trailer Hitch
    Class V Trailer Hitch

    Segmentation by application:
    Cars, SUV and ATVs
    Recreational Vehicle (RV)/Motorhomes
    Vans/Pickup Truck
    Boat Trailers
    Others

    This report also splits the market by region:
    Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, and GCC Countries.

    The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

    The key manufacturers covered in this report:
    Horizon Global Corporation (US)
    CURT Manufacturing LLC (US)
    B&W Trailer Hitches (US)
    BOSAL (Belgium)
    MVG (Germany)
    AL-KO(Sawiko) (Germany)
    Brink Group (Netherlands)
    Tow-Trust Towbars Ltd (UK)
    GDW Group (Belgium)

    In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

    Research objectives:
    To study and analyze the global Trailer Hitch consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Trailer Hitch market by identifying its various subsegments.
    Focuses on the key global Trailer Hitch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Trailer Hitch with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Trailer Hitch submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.

    Buy The Report @ http://www.arcognizance.com/purchase/267420

    Major Point of TOC:

    Chapter One: Scope of the Report

    Chapter Two: Executive Summary

    Chapter Three: Global Trailer Hitch by Players

    Chapter Four: Trailer Hitch by Regions

    Chapter Five: Americas

    Chapter Six: APAC

    Chapter Seven: Europe

    Chapter Eight: Middle East & Africa

    Chapter Nine: Market Drivers, Challenges and Trends

    Chapter Ten: Marketing, Distributors and Customer

    Chapter Eleven: Global Trailer Hitch Market Forecast

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