Global Winches Market Growth 2023-2029

Global Winches Market Growth 2023-2029

A winch is a mechanical device that is used to pull in (wind up) or let out (wind out) or otherwise adjust the tension of a rope or wire rope.
The Winches industry can be broken down into several segments, Planetary Winches, Worm Gear Winches, Capstan Winches, etc.
Across the world, the major players cover TWG, Paccar Winch, Ingersoll Rand, WARN Industries, Huisman Group, Dinamic Oil, Ramsey Winch, Data, Rotzler Deutschland GmbH Co. KG, Thern, Inc., etc.
LPI (LP Information)' newest research report, the “Winches Industry Forecast” looks at past sales and reviews total world Winches sales in 2022, providing a comprehensive analysis by region and market sector of projected Winches sales for 2023 through 2029. With Winches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Winches industry.
This Insight Report provides a comprehensive analysis of the global 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 Winches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Winches market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Winches.
The global Winches market size is projected to grow from US$ 1035.1 million in 2022 to US$ 1424.6 million in 2029; it is expected to grow at a CAGR of 1424.6 from 2023 to 2029.
Major players in winches worldwide include TWG, Paccar Winch and Ingersoll Rand. The world's top 3 manufacturers account for nearly 23% of the market. North America and Europe are the largest market, accounting for approximately 65% of the global market share. Followed by Asia-Pacific, have a market share of more than 27%.
This report presents a comprehensive overview, market shares, and growth opportunities of Winches market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Planetary Winches
Worm Gear Winches
Capstan Winches
Others
Segmentation by application
Infrastructure and Construction
Oil and Gas
Industrial
Marine
Drilling
Waste & Refuse Treatment
Others
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.
TWG
Paccar Winch
Ingersoll Rand
WARN Industries
Huisman Group
Dinamic Oil
Ramsey Winch
Data
Rotzler Deutschland GmbH Co. KG
Thern, Inc.
ZOLLERN
PLANETA-Hebetechnik
INI Hydraulic
TMA Srl
EMCÉ
Wantong
Bloom Manufacturing
Xinhong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Winches market?
What factors are driving Winches market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Winches market opportunities vary by end market size?
How does Winches 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.