Motor Vehicle Towing - Market Size, Financial Statistics, Industry Trends

Motor Vehicle Towing Market Size

This report includes historical and forecasted market sizes and industry trends for Motor Vehicle Towing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Motor Vehicle Towing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Motor Vehicle Towing industry.

Geographic Breakdown by U.S. State

Motor Vehicle Towing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Motor Vehicle Towing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Motor Vehicle Towing
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Motor Vehicle Towing company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Motor Vehicle Towing industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Towing services
Other products
Repair and maintenance of goods transportation equipment
Road access services - tolls
Domestic freight transportation arrangement service
Reselling of fuel, wholesale
Non-vessel operating common carrier service
Road cleaning services
Rental of goods transportation equipment, without operators

Compensation and Salary Surveys

Salary information for employees working in the Motor Vehicle Towing industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%	Included
Chief Executives	%
General and Operations Managers	2%
Office and Administrative Support Occupations	20%
Material Recording, Scheduling, Dispatching, and Distributing Workers	8%
Dispatchers	7%
Dispatchers, Except Police, Fire, and Ambulance	7%
Other Office and Administrative Support Workers	5%
Installation, Maintenance, and Repair Occupations	8%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	6%
Transportation and Material Moving Occupations	64%
Motor Vehicle Operators	48%
Driver/Sales Workers and Truck Drivers	45%
Heavy and Tractor-Trailer Truck Drivers	42%
Material Moving Workers	12%
Laborers and Material Movers, Hand	10%
Laborers and Freight, Stock, and Material Movers, Hand	9%

Government Contracts

The federal government spent an annual total of $7,576,743 on the Motor Vehicle Towing industry. It has awarded 138 contracts to 34 companies, with an average value of $222,845 per company.

Top Companies in Motor Vehicle Towing and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included