Automobile Towing & Road Service Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This industry comprises establishments primarily engaged in towing light or heavy motor vehicles, both local and long-distance. These establishments may provide incidental services, such as storage and emergency road repair services.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Automobile Towing and Road Service industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Automobile Towing & Road Service companies in the United States.

Automobile Towing & Road Service Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAutomobile Towing & Road Service
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Automobile Towing & Road Service Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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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


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

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

Automobile Towing & Road Service Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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

Automobile Towing & Road Service Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Chief Executives%
General and Operations Managers2%
Office and Administrative Support Occupations20%
Material Recording, Scheduling, Dispatching, and Distributing Workers8%
Dispatchers7%
Dispatchers, Except Police, Fire, and Ambulance7%
Other Office and Administrative Support Workers5%
Installation, Maintenance, and Repair Occupations8%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers6%
Transportation and Material Moving Occupations64%
Motor Vehicle Operators48%
Driver/Sales Workers and Truck Drivers45%
Heavy and Tractor-Trailer Truck Drivers42%
Material Moving Workers12%
Laborers and Material Movers, Hand10%
Laborers and Freight, Stock, and Material Movers, Hand9%

Government Contracts

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

Top Companies in Automobile Towing & Road Service and Adjacent Industries

CompanyAddressRevenue
($ Millions)





Order the Report on Automobile Towing & Road Service
PublisherPell Research
GeographyUnited States
Publication DateMarch 2025
Report FormatPDF Download  PDF
Price

Automobile Towing & Road Service Report Contents
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