Electric winches are most commonly used to pull an automobile, boat, crane, truck, or other piece of Machinery & Equipment from a problematic area. If a car goes off the road and down into a ravine, for example, trucks with these types of winches are used to hook the car and pull it back to the road. They can also be used to tug boats to safety. There have even been rare instances in which they have helped save large animals from tricky holes and pits.
The global Electric Winch industry mainly concentrates in China, NA and Europe. The global leading players in this market are Mile Marker Industries, LLC, Ingersoll Rand, Harken, COMEUP Industries, WARN, Superwinch, Ramsey Winch, Winchmax, Taiwan Hoist and Cable Co., Ltd, Patterson, KOSTER, Champion, Vulcan, RAM Winch & Hoist and etc.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of healthy products at home and abroad, many companies began to enter the field.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
According to this study, over the next five years the Electric Winch market will register a 7.7% CAGR in terms of revenue, the global market size will reach USD 2340 million by 2024, from USD 1500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Winch business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Winch market by product type, application, key manufacturers and key regions and countries.
This study considers the Electric Winch value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Reel
Double Reel
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Sailboats
O&G off Shore Boats
Oceanographic Research Vessels
Automobile
Truck
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mile Marker Industries, LLC
Ingersoll Rand
Harken
COMEUP Industries
WARN
Superwinch
Ramsey Winch
Winchmax
Taiwan Hoist and Cable Co., Ltd
Patterson
KOSTER
Champion
Vulcan
RAM Winch & Hoist
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electric Winch consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Winch market by identifying its various subsegments.
Focuses on the key global Electric Winch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Winch with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Winch submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
