The global towing vehicle market is projected to grow at a CAGR of 3.98% during the forecast period, reaching a total market size of US$9,190.542 million in 2025 from US$7,270.833 million in 2019. The interest in towing vehicles is expanding which is emphatically affecting the development of the worldwide towing vehicle market. The rising number of vehicles on street inferable from expanding urbanization and buying power is driving with it the number of vehicle breakdowns and accidents.