Towing Services – Industry Analysis, Statistics, Trends, and Forecasts
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For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
American Towman Media, Inc.
Tow Industry Week / American Towman Magazine
http://www.towindustryweek.com/ / digital-magazine
Online news source and monthly trade magazine feature news and information for towing business owners and operators, with topics covered in each issue including management best practices, tow truck operations and maintenance, safety issues and products, new products, tools, and equipment, and trade show and convention coverage. Digital edition of the magazine can be viewed free online.
T.T. Publications, Inc.
Tow Times Magazine
https://towtimes.com/ / digital-edition
Monthly trade magazine features news and information for towing company owners and managers, with topics addressed in various issues including tow truck operations, equipment and accessories, equipment financing options, business insurance, and legal issues. Digital editions of the magazine can be viewed free online, with free e-mail subscription to the digital edition available upon request.
Over The Mountain Media, Inc.
Tow Professional Magazine
https://towprofessional.com/
Monthly trade publication features news and information for towing and recovery professionals, with topics covered in various issues including industry news, business management, product spotlights, company profiles, equipment leasing and financing, insurance, and software and technology. Digital edition of the magazine is available free online, with free subscription available to qualifying parties.
SpecialtyTransportation.net
Vocational Truck/Body Industry in North America: Wreckers & Carriers
https://www.specialtyresearch.net/
Market research report provides a detailed analysis of the market for wreckers and rollback carriers (flatbed tow trucks), with information provided in the study including market size in units and dollars, market share by product type and class, market dynamics and demand factors, and market outlook and forecasts. Summary report description and detailed table of contents can be viewed free online.
TMR
Global Tow Vehicle Market
https://www.transparencymarketresearch.com/
Comprehensive report provides in-depth analysis of the tow vehicle market in the U.S. and selected other countries, with topics addressed in this report including market size, market segments, supply and demand, market trends and dynamics, technological breakthroughs, and competitive landscape. Summary report description can be viewed free online, with table of contents available upon request.
AMR
Roadside Assistance Outlook
https://www.alliedmarketresearch.com/
AMR study provides a detailed analysis of the roadside assistance market, with information provided including market size and forecasts by service (e.g., towing, tire replacement, fuel delivery, jump/pull start, lockout/replacement key, battery, winch), provider (e.g., manufacturer, insurance, independent warranty, automobile club), vehicle (e.g., passenger, commercial LCV/HCV), and region (e.g., U.S.).
BizMiner Market Analysis Reports
Motor Vehicle Towing Services
https://www.bizminer.com Search for "488410" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Motor Vehicle Towing Services
https://www.bizminer.com Search for "488410" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Vehicle Towing Services
(see links for individual reports)
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual net revenues for companies that provide towing and recovery services for light, medium, and heavy-duty motor vehicles on a local or long-distance basis and may also provide roadside assistance services for motorists and storage services for wrecked or impounded vehicles.
Compensation and Salary Surveys
PayScale, Inc.
Motor Vehicle Towing
https://www.payscale.com/
Free online service provides median salary, bonus, and hourly wage data for various job positions in this service sector such as general manager, operations manager, safety manager, fleet dispatcher, tow truck driver, diesel mechanic, office manager, and bookkeeper, with employers for which salary or hourly wage data is provided including United Road Towing, Inc. and ASAP Towing & Storage, Inc.
U.S. Bureau of Labor Statistics
Support Activities for Road Transportation
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for job occupations in this road transportation sector, which includes companies that provide towing and recovery services for motor vehicles on a local and/or long-distance basis and may also provide roadside assistance services for motorists and storage services for wrecked or impounded vehicles.
BV Guides and Databases
Auto Body Shops
Auto Repair Services
Automobile Dealers
Truck Repair Services
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