Global Marine Winches Market Growth 2025-2031

The global Marine Winches market size is predicted to grow from US$ 1481 million in 2025 to US$ 1141 million in 2031; it is expected to grow at a CAGR of -4.3% from 2025 to 2031.

Winches are a kind of mechanical device with wire rope or chain to upgrade or traction weight to adjust the "tension". It is mainly used in the ship, offshore platform, construction, water conservancy projects, forestry, mining, dock and other material lifting or leveling.

Global Marine Winches key players include MacGregorhttp, Rolls-Royce, Ingersoll Rand, TTS, ACE winches, etc.

South Korea is the largest market, with a share over 25%, followed by Japan and China, both have a share over 45%.

In terms of product, Hydraulic Winches is the largest segment, with a share over 45%. And in terms of application, the largest application is Marine Engineering, followed by Hoisting Freight, Fishing, etc.

LP Information, Inc. (LPI) ' newest research report, the “Marine Winches Industry Forecast” looks at past sales and reviews total world Marine Winches sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Winches sales for 2025 through 2031. With Marine Winches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Winches industry.

This Insight Report provides a comprehensive analysis of the global Marine Winches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Winches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Winches market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Winches and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Winches.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Winches market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Electric Winches

Hydraulic Winches

Manually

Others

Segmentation by Application:

Marine Engineering

Hoisting Freight

Fishing

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

MacGregorhttp

Rolls-Royce

Ingersoll Rand

TTS

ACE winches

Huisman Group

IHC Hytop B.V.

Fukushima Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Winches market?

What factors are driving Marine Winches market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Winches market opportunities vary by end market size?

How does Marine Winches break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.