Global Ship Winch Market Growth 2023-2029
Ship winch or marine winch refers to the winch mounted and used on a ship. Ship Winch are mechanical devices with wire rope/chain for lifting or pulling operations. They are widely utilized in lifting and pulling equipment that are used on boats/ships, docks/shores, ports, offshore platforms, etc. for anchoring, mooring, towing, and weightlifting operations.
Compared with construction winch, ship winch is coated to make it waterproof and rustproof. High-quality welding material is used in Ship Winch for safety purposes and to make it last for long duration. This materials makes marine wenches smooth and reliable during day-to-day operations.
LPI (LP Information)' newest research report, the “Ship Winch Industry Forecast” looks at past sales and reviews total world Ship Winch sales in 2022, providing a comprehensive analysis by region and market sector of projected Ship Winch sales for 2023 through 2029. With Ship Winch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ship Winch industry.
This Insight Report provides a comprehensive analysis of the global Ship Winch 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 Ship Winch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ship Winch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ship Winch 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 Ship Winch.
The global Ship Winch market size is projected to grow from US$ 537 million in 2022 to US$ 670.1 million in 2029; it is expected to grow at a CAGR of 670.1 from 2023 to 2029.
For applications of Ship Winch Market, Commercial and Merchant Ship is the largest segment with a market share of nearly 85% in 2019. Travel and Leisure Ship accounted for about 13% of global market.
For type of Ship Winch Market, Electric Ship Winch is the largest segment with a market share of nearly 56% in 2019. Hydraulic Ship Winch accounted for about 34% of global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Ship Winch market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electric Ship Winch
Hydraulic Ship Winch
Segmentation by application
Commercial and Merchant Ship
Travel and Leisure Ship
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 analyzing the company's coverage, product portfolio, its market penetration.
MacGregor
Kongsberg (Rolls-Royce)
Mitsubishi Heavy Industries
Kawasaki Heavy Industries
PALFINGER AG
Ingersoll Rand
Wartsila
FUKUSHIMA
Marine Equipments Pellegrini
Huisman Equipment B.V
Markey Machinery
DMT Marine Equipment
China Shipbuilding Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ship Winch market?
What factors are driving Ship Winch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ship Winch market opportunities vary by end market size?
How does Ship Winch break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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