Overview 2020,the Development of Trailer Hitch Market–Materials,Challenges and Opportunities

This market report emphasizes on trailer hitches in global market, especially in North America, Europe and Asia-Pacific, South America, and Middle East, which classifies the market according to factories, areas, type and application.

One of top trailer hitch called Horizon Global Corporation  strengthens its market position through acquisition. Now Horizon Global Corporation has several brands to manufacture and sell trailer hitches in the world.

Currently North America and Europe are dominant in the trailer hitch market, and Asia-Pacific will rise soon in future, especially in China, Southeast Asia and India etc. The whole trailer hitch market is optimistic, expected to grow at a CAGR of roughly 3.0% over the next five years, will reach 790 million USD in 2023, from 660 million USD, according to a new study.

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Post time: Jun-03-2020