Towing services are an essential part of the transportation industry, providing assistance to drivers who have broken down, been in an accident, or have a vehicle that needs to be relocated.
In this blog post, we’ll be exploring towing statistics to give you a comprehensive understanding of the importance of towing services.
Key Towing Statistics 2023 – MY Choice
In 2018, the towing industry generated revenue of approximately $9 billion in the United States.
The average towing cost in the US is $109, with a range between $50 and $150.
In 2018, the average cost of a tow in the US increased by 3.7% compared to the previous year.
In 2018, the average towing distance was approximately 7.5 miles.
The majority of towing companies are small, with fewer than five employees, and generate an average revenue of $150,000 per year.
The US towing industry employs over 140,000 people.
In 2018, the towing industry grew by 2.6% compared to the previous year.
The top three states for towing services in the US are California, Texas, and Florida.
In 2018, the US towing industry was valued at $11 billion.
The number of towing companies in the US has increased by 2% annually in the last decade.
Towing Statistics
Table 1: Market Size and Growth of Automobile Towing Industry in the US
Variable
Value
Market Size (2023)
$11.3bn
Market Size Growth (2023)
2.9%
Average Annualized Market Size Growth (2017-2023)
5.5%
Industry Sales (2018)
$7.1bn
Industry Growth (Past 3 Years)
4.7%
Table 2: Business and Employment Statistics of Automobile Towing Industry
Variable
Value
Number of Businesses
47,618
Industry Employment
113,885
Biggest Company
American Automobile Association
Market Share
Not specified
Table 3: Safety and Injury Statistics for Workers in Automobile Towing Industry
Variable
Value
On-the-job Fatality Risk
15 times greater than other private industries
Leading Cause of Death
Motor vehicle incidents (64%)
Leading Cause of Nonfatal Injury
Contact with objects and equipment and overexertion and bodily reaction
Percentage of Deaths
97% (men)
Percentage of Nonfatal Injuries
94% (men)
Table 4: Oil Spill Statistics for Tank Barges
Variable
Value (2016)
Value (2017)
Total Oil Spilled
32,202 gallons
84,319 gallons
Three Largest Spills
97%
99%
Overall Oil Spill Rate
Low
Low
Increase in Oil Transportation Volumes (last 5 years)
22%
17.7%
Table 5: Incident Statistics for Towing Vessels
Variable
Value (2016)
Value (2017)
Total Towing Vessel Incidents
1,231
934
Percentage of Low Severity Incidents
84%
82%
Percentage of Medium Severity Incidents
10%
10%
Percentage of High Severity Incidents
6%
8%
Change in Investigated Incidents (2015-2016)
12.8% increase
24% decrease
Table 6: Demographic Statistics for Tow Truck Drivers
Variable
Value
Percentage of Women
4.4%
Percentage of Men
95.6%
Average Age
40+ years old (75% of population)
Ethnicity (most common)
White (64.5%)
Ethnicity (second most common)
Hispanic or Latino (18.3%)
Ethnicity (third most common)
Black or African American (10.8%)
Table 7: Salary and Job Title Statistics for Tow Truck Drivers
Variable
Value
Gender Pay Gap (2021)
Women earned 88% of what men earned
Top 10% Earnings
$61,000 or more
Percentage of Women in Job Title
Bus Matron (89%), Bus Escort (82%), Bus Monitor (81%)
Percentage of Men in Job Title
Tow Truck Driver (96%), Wrecker Operator (99%), Tank Wagon Driver (99%), Diesel Truck Driver (100%)
1. Definition of Towing Services
Towing services involve the transportation of vehicles that are unable to be driven.
Towing services can include relocating vehicles, providing assistance to drivers who have broken down, and transporting vehicles that have been in an accident.
Towing services can be performed by professional towing companies, as well as by individuals using their own vehicles.
2. Importance of Towing Services
Towing services are essential for ensuring the safety of drivers and passengers who have been in an accident or have broken down.
Towing services can also help to reduce traffic congestion and improve the flow of traffic on the road.
Towing services can also help to protect the environment by preventing vehicles from being abandoned on the side of the road.
3. Types of Towing Services
There are several types of towing services, including:
Flatbed towing
Wheel-lift towing
Dollies
Tow trucks
Private towing
4. Towing in Road Safety
Towing services play an important role in road safety by providing assistance to drivers who have broken down, been in an accident, or have a vehicle that needs to be relocated.
Towing services help to keep the roads safe and clear of disabled vehicles, reducing the risk of accidents and improving the flow of traffic.
5. Towing in Emergency Situations
Towing services are especially important in emergency situations, providing assistance to drivers and passengers who need to be relocated quickly and safely.
Towing companies should have well-equipped vehicles and trained personnel to handle emergency situations effectively.
6. Challenges in Towing Services
Towing services can be challenging due to the need for specialized equipment and training.
The cost of towing services can also be a challenge, as it can be expensive for drivers who need to have their vehicles towed.
7. Importance of Proper Training and Equipment
Proper training and equipment are essential for ensuring the safety and efficiency of towing services.
It’s important to work with experienced towing companies that have well-equipped vehicles and trained personnel.
8. The Future of Towing Services
The future of towing services is bright, with the demand for towing services expected to continue growing in the coming years.
The advancement of technology, such as the use of GPS and real-time communication, will continue to drive the growth of the towing industry.
In conclusion, towing services are essential for ensuring the safety of drivers and passengers on the road. From providing assistance in emergency situations to reducing traffic congestion and protecting the environment, the importance of towing services cannot be overstated. These 100 towing statistics will give you a comprehensive understanding of the industry and the impact that towing services have on road safety and the transportation industry.
Hi, I'm Abdalslam, a seasoned digital marketing and software engineering professional. I review software to find the best tools that can help your online business thrive. I share my insights and experiences on my website, where 15,000 monthly readers join me. Before blogging, I managed digital marketing teams for SaaS startups, and my work has been recognized by major publications like RedHat, Oberlo, and Hostpapa. Join me to scale your startup influence.