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2025 U.S. Industry Statistics & Market Forecast - Auto Towing & Road Service
Market Size & Industry Statistics
The total U.S. industry market size for Auto Towing & Road Service:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Auto Towing & Road Service industry include:- Increased reliance on technology for dispatching and tracking services
- Greater integration of GPS and mobile apps for enhanced customer service
- Rise in demand for electric vehicle (EV) towing specializations
- Heightened focus on roadside assistance safety protocols due to COVID-19
- Growth in subscription-based roadside assistance plans
- Environmental regulations pushing for greener towing operations
- Insurance companies partnering directly with towing services
- Urbanization influencing the frequency and types of roadside assistance
- Increased vehicle reliability reducing traditional towing demands
- Use of data analytics to optimize service routes and response times
Product & Services Breakdown
Research products and services in the Auto Towing & Road Service industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Maintenance And Repair And Related Services For Transportation Equipment |
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Towing Services |
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Other Products |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Auto Towing & Road Service company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Auto Towing & Road Service industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Auto Towing & Road Service measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Office and Administrative Support Occupations | 21% | |||
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 9% | |||
| Dispatchers | 9% | |||
| Dispatchers, Except Police, Fire, and Ambulance | 9% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 6% | |||
| Transportation and Material Moving Occupations | 62% | |||
| Motor Vehicle Operators | 51% | |||
| Driver/Sales Workers and Truck Drivers | 50% | |||
| Heavy and Tractor-Trailer Truck Drivers | 46% | |||
| Material Moving Workers | 7% | |||
Auto Towing & Road Service Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Auto Towing & Road Service industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Auto Towing & Road Service industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Auto Towing & Road Service industry. |
Source:
Latest Industry News
- M6 live updates as car pulling caravan involved in crash near Stoke-on-Trent - Motorists are being warned of delays on the M6 in Staffordshire following a crash involving a car pulling a caravan. The collision happened on the southbound side near Keel services at around 1.30pm today (June 7). (07/07/2025)
- NASCAR's Chicago Street Race Red Flagged Early After Eight-Car Pileup - NASCAR's third trip to Chicago Street Race finally starts with some good weather, but a mistake by Carson Hoecevar red-flagged the race early when he crashed on lap four, in turn 10, and created a log jam in the tightest portion of the street course. (07/06/2025)
- WDSU Road Patrol: Essence, Fourth of July will impact New Orleans traffic - With tens of thousands of visitors arriving, both locals and tourists can expect congestion throughout the city. (07/04/2025)
- Car, grass fire on Byfield Rd, Woodbury - Emergency services are at the scene of a vehicle and grass fire in the Rockhampton region. A Queensland Fire Department spokeswoman said one crew is en route after receiving a call about 12.15pm with a ute on fire down an embankment which reportedly sparked a grass fire. She said the car fire was on Byfield Road, Woodbury. (07/03/2025)
- How to Sell a High-Mileage Car With Costly Repair Needs - If your car has racked up more miles than most road trips and now needs repairs that cost more than the vehicle is worth, you’re in a tough spot. Mechanics might offer repair estimates in the thousands, (07/02/2025)
- Tow truck scams: How to avoid towing scams after an accident - Being in a car accident is one of the most stressful and frustrating experiences in life. Add in a dodgy tow truck driver trying to make a quick buck off your misfortune, and it’s practically a nightmare. Sadly though, tow truck scams are on the rise in South Africa, and every motorist needs to stay sharp. (06/24/2025)
- Outsmart towing scams: Stay safe on the road - Juan Hanekom of the South African Motor Body Repairers' Association reveals that incidents involving corrupt tow operators are on the rise in the country. (06/23/2025)
- These Are The 3 Most Dangerous Mistakes You Can Make When Towing With Your Vehicle - Let's make sure you don't repeat the errors people make when towing with their vehicles. Nobody wants a big dent in their pocket, or car. (06/17/2025)
- 13 things car insurance doesn’t cover - You'd be surprised what car insurance doesn't cover. CNBC Select shows you how to ensure you have all the protection you need. (06/13/2025)
- Roadside Assistance Coverage for Cars - When you’re out on the road, whether commuting to work, running errands, or embarking on a road trip, unexpected car troubles can happen at any time. Flat tires, dead batteries, locked keys inside the car, (05/25/2025)
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