Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Electric Winch Market by Type (Single Reel, Double Reel), By Application (Sailboats, O&G off Shore Boats, Oceanographic Research Vessels, Automobile, Truck, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Electric Winch Market by Type (Single Reel, Double Reel), By Application (Sailboats, O&G off Shore Boats, Oceanographic Research Vessels, Automobile, Truck, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156143 3300 Machinery & Equipment 377 244 Pages 4.8 (34)

Market Overview:

The global electric winch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the electric winch market can be attributed to the increasing demand for electric winches in various applications such as sailboats, O&G off shore boats, oceanographic research vessels, automobiles, trucks and others. Additionally, the growing demand for electric winches in emerging countries is also contributing to the growth of this market.

Global Electric Winch Industry Outlook

Product Definition:

An electric winch is a device that uses an electric motor to wind rope or cable around a drum, in order to lift or pull heavy objects. Electric winches are commonly used for applications such as hauling boats up out of the water, moving large pieces of machinery, or rescuing people or animals from difficult situations.

Single Reel:

Single reel is a device consisting of spooled cord with one end attached to the winch and the other end of the cord wrapped around an axle or tree. The single reel has a huge demand in electric winch market owing to its properties such as simple mechanism, low cost, easy installation and maintenance.

Double Reel:

Double reel is a device used in electric winches to store and retrieve loose objects such as chainsaws, ropes, garden tools or sporting equipment. The double reel is usually made up of steel wire that has been coated with plastic or rubber. A handle is attached to one end of the wire which makes it easy for users to retrieve any object from the winch.

Application Insights:

Based on the application, the global electric winch market has been segmented into sailboats, O&G off shore boats, automobile and trucks, and oceanographic research vessels. The sailboat segment dominated the overall market in terms of revenue in 2017. Electric winches are widely used for mooring and launching of dinghies as well as for towing ships across water bodies. Moreover, they are also used during recreational activities such as tubing on lakes or rivers where there is no wind or current. Increasing use of these devices by individuals for recreational purposes is expected to drive demand over the forecast period.

The Oceanographic Research Vessel (ORV) segment accounted for a significant share in 2017 owing to increasing government funding towards marine research activities around the globe coupled with rising awareness regarding climate change among governments worldwide has resulted in an increased focus towards marine science which further drives demand from this sector over other applications globally.

Regional Analysis:

North America dominated the global electric winch market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing recreational boating activities and rising demand for watercraft are driving the growth of this regional market. Moreover, presence of key industry players such as Johnson Controls, Emerson Electric Co., and Stanley Black & Decker is also contributing towards product penetration in North America.

Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing to increasing disposable income levels among consumers and rapid development along with urbanization across various countries including China, India, South Korea, Japan among others are some major factors responsible for its high growth rate during the forecast period.

Growth Factors:

  • Increasing demand for electric winches in the automotive and transportation sector as they are used in various applications such as towing, hauling, and moving heavy objects.
  • The increasing popularity of off-road vehicles and recreational vehicles has led to an increase in the demand for electric winches as they are used extensively in these applications.
  • Growing awareness about the benefits of using electric winches over traditional manual winches is driving their adoption across a wide range of industries.
  • The increasing use of electric winches in industrial applications such as material handling, construction, and mining is contributing to their growth globally.

Scope Of The Report

Report Attributes

Report Details

Report Title

Electric Winch Market Research Report

By Type

Single Reel, Double Reel

By Application

Sailboats, O&G off Shore Boats, Oceanographic Research Vessels, Automobile, Truck, Others

By Companies

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

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Electric Winch Market Report Segments:

The global Electric Winch market is segmented on the basis of:


Single Reel, Double Reel

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Sailboats, O&G off Shore Boats, Oceanographic Research Vessels, Automobile, Truck, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Mile Marker Industries, LLC
  2. Ingersoll Rand
  3. Harken
  4. COMEUP Industries
  5. WARN
  6. Superwinch
  7. Ramsey Winch
  8. Winchmax
  9. Taiwan Hoist and Cable Co., Ltd
  10. Patterson
  11. KOSTER
  12. Champion
  13. Vulcan
  14. RAM Winch & Hoist

Global Electric Winch Market Overview

Highlights of The Electric Winch Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Single Reel
    2. Double Reel
  1. By Application:

    1. Sailboats
    2. O&G off Shore Boats
    3. Oceanographic Research Vessels
    4. Automobile
    5. Truck
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electric Winch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Electric Winch Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

An electric winch is a machine that uses an electric motor to rotate a cable or chain. The cable or chain can then be used to pull something, such as a boat, out of the water.

Some of the key players operating in the electric winch 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.

The electric winch market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Electric Winch Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Electric Winch Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Electric Winch Market - Supply Chain
   4.5. Global Electric Winch Market Forecast
      4.5.1. Electric Winch Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Electric Winch Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Electric Winch Market Absolute $ Opportunity

5. Global Electric Winch Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Electric Winch Market Size and Volume Forecast by Type
      5.3.1. Single Reel
      5.3.2. Double Reel
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Electric Winch Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Electric Winch Market Size and Volume Forecast by Application
      6.3.1. Sailboats
      6.3.2. O&G off Shore Boats
      6.3.3. Oceanographic Research Vessels
      6.3.4. Automobile
      6.3.5. Truck
      6.3.6. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Electric Winch Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Electric Winch Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Electric Winch Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Electric Winch Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Electric Winch Demand Share Forecast, 2019-2026

9. North America Electric Winch Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Electric Winch Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Electric Winch Market Size and Volume Forecast by Application
      9.4.1. Sailboats
      9.4.2. O&G off Shore Boats
      9.4.3. Oceanographic Research Vessels
      9.4.4. Automobile
      9.4.5. Truck
      9.4.6. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Electric Winch Market Size and Volume Forecast by Type
      9.7.1. Single Reel
      9.7.2. Double Reel
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Electric Winch Demand Share Forecast, 2019-2026

10. Latin America Electric Winch Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Electric Winch Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Electric Winch Market Size and Volume Forecast by Application
      10.4.1. Sailboats
      10.4.2. O&G off Shore Boats
      10.4.3. Oceanographic Research Vessels
      10.4.4. Automobile
      10.4.5. Truck
      10.4.6. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Electric Winch Market Size and Volume Forecast by Type
      10.7.1. Single Reel
      10.7.2. Double Reel
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Electric Winch Demand Share Forecast, 2019-2026

11. Europe Electric Winch Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Electric Winch Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Electric Winch Market Size and Volume Forecast by Application
      11.4.1. Sailboats
      11.4.2. O&G off Shore Boats
      11.4.3. Oceanographic Research Vessels
      11.4.4. Automobile
      11.4.5. Truck
      11.4.6. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Electric Winch Market Size and Volume Forecast by Type
      11.7.1. Single Reel
      11.7.2. Double Reel
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projecions by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Electric Winch Demand Share, 2019-2026

12. Asia Pacific Electric Winch Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Electric Winch Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Electric Winch Market Size and Volume Forecast by Application
      12.4.1. Sailboats
      12.4.2. O&G off Shore Boats
      12.4.3. Oceanographic Research Vessels
      12.4.4. Automobile
      12.4.5. Truck
      12.4.6. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Electric Winch Market Size and Volume Forecast by Type
      12.7.1. Single Reel
      12.7.2. Double Reel
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Electric Winch Demand Share, 2019-2026

13. Middle East & Africa Electric Winch Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Electric Winch Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Electric Winch Market Size and Volume Forecast by Application
      13.4.1. Sailboats
      13.4.2. O&G off Shore Boats
      13.4.3. Oceanographic Research Vessels
      13.4.4. Automobile
      13.4.5. Truck
      13.4.6. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Electric Winch Market Size and Volume Forecast by Type
      13.7.1. Single Reel
      13.7.2. Double Reel
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Electric Winch Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Electric Winch Market: Market Share Analysis
   14.2. Electric Winch Distributors and Customers
   14.3. Electric Winch Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Mile Marker Industries, LLC Overview Financials Developments Strategic Outlook
      14.4.2. Ingersoll Rand Overview Financials Developments Strategic Outlook
      14.4.3. Harken Overview Financials Developments Strategic Outlook
      14.4.4. COMEUP Industries Overview Financials Developments Strategic Outlook
      14.4.5. WARN Overview Financials Developments Strategic Outlook
      14.4.6. Superwinch Overview Financials Developments Strategic Outlook
      14.4.7. Ramsey Winch Overview Financials Developments Strategic Outlook
      14.4.8. Winchmax Overview Financials Developments Strategic Outlook
      14.4.9. Taiwan Hoist and Cable Co., Ltd Overview Financials Developments Strategic Outlook
      14.4.10. Patterson Overview Financials Developments Strategic Outlook
      14.4.11. KOSTER Overview Financials Developments Strategic Outlook
      14.4.12. Champion Overview Financials Developments Strategic Outlook
      14.4.13. Vulcan Overview Financials Developments Strategic Outlook
      14.4.14. RAM Winch & Hoist Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us