Automotive Towbar Market to Expand at a Healthy CAGR of 3.6% through 2031

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Automotive Towbar Market

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Key Segments 

By Product Type – Retractable Automotive Towbars – Detachable Automotive Towbars

By Sales Channel – OEM Automotive Towbar Sales – OES Automotive Towbar Sales

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Key Segments 

By Vehicle – Automotive Towbars for Compact Passenger Cars – Automotive Towbars for Mid-sized Passenger Cars – Automotive Towbars for Premium Passenger Cars – Automotive Towbars for Luxury Passenger Cars

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Key Takeaways from the Market Study 

– The global automotive towbar market is projected to rise at a CAGR of a little over 3.5% over the forecast period and reach a market valuation of US$ 1.9 Bn by 2031. – Under vehicle type, luxury passenger cars are poised to create promising absolute dollar opportunity over the projection period.

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Key Companies Profiled

– Brink Group B.V – Bosal International N.V – Westfalia-Automotive GmbH – PCT Automotive Ltd. – GDW N.V – Tow-Trust Towbars – Pulliam Enterprises Inc. – Horizon Global – Curt Manufacturing LLC

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