Market Overview:
The global cable winches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric and hydraulic cable winches from various applications such as power, communication, transportation, and others. Additionally, the growing infrastructure development in emerging economies is also propelling the growth of the global cable winches market. However, volatility in raw material prices may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A cable winch is a device that uses a cable to pull or lift objects. It can be used for both industrial and recreational purposes. Some common applications include hauling boats onto trailers, moving large rocks or logs, and rescuing people or animals from difficult situations.
Electric Winches:
Electric winches are motorized and portable devices used to provide mechanical advantage to a person or persons for lifting or lowering loads. They can be operated by hand, but usually they are mounted on a stand or supported from beneath. The electric winch is the most convenient option as it offers portability along with mechanical advantage which cannot be achieved through manual operation of winching systems.
Hydraulic Winches:
Hydraulic winches are motorized equipment that is used to hoist or lower heavy loads. They are mainly used in construction, mining and material handling industries. Hydraulic winches can be categorized into two types: fixed and portable. Fixed hydraulic winch has a permanent installation on the ground; whereas, portable ones can be moved from one place to another according to necessity.
Application Insights:
Power application dominated the global cable wrenches market, accounting for a share of over 60.0% in 2017. The segment is expected to witness significant growth owing to the increasing demand for electricity across developing countries including China, India and Brazil. Communication segment is also estimated to witness considerable growth during the forecast period on account of growing demand from construction industry across various regions globally.
The power sector witnessed investments worth USD 1,000 billion in 2015 alone and this trend is expected to continue over next few years with more investments being made due largely to rapid industrialization.
Regional Analysis:
Asia Pacific dominated the global cable winches market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for construction equipment and infrastructure development. China, India, Japan, South Korea are some of the prominent countries that are likely to drive regional growth over the forecast period.
The Asia Pacific was followed by North America which accounted for around 25% of total revenue share in 2017 due to presence of prominent manufacturers such as Doosan Infracore Inc., Deere & Company and CNH Industrial N.V. Europe is also anticipated to be a promising region with growing demand for automation solutions across various industries including marine and agriculture among others.
Central & South America (CSA) has been experiencing economic growth since past few years on account rising investments from foreign companies along with government support in terms of infrastructural developments such as airports terminals etc.
Growth Factors:
- Increasing demand for cable winches in the mining and construction industry as they are used for hoisting and moving heavy objects.
- Growing popularity of electric cable winches as they are more efficient and require less maintenance than their hydraulic counterparts.
- The increasing demand for compact, lightweight, and portable cable winches that can be easily transported to different locations.
- Development of new applications for cable winches in areas such as automotive, aerospace, and marine engineering industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Winches Market Research Report
By Type
Electric Winches, Hydraulic Winches
By Application
Power, Communication
By Companies
Jakob Thaler, Katimex, Aicrane, Bagela Baumaschinen, Redmond Gary, Complete Cabling Equipment, Trailer and Winch Solutions Ltd, BHW Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Cable Winches Market Report Segments:
The global Cable Winches market is segmented on the basis of:
Types
Electric Winches, Hydraulic Winches
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.
Applications
Power, Communication
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:
- Jakob Thaler
- Katimex
- Aicrane
- Bagela Baumaschinen
- Redmond Gary
- Complete Cabling Equipment
- Trailer and Winch Solutions Ltd
- BHW Group
Highlights of The Cable Winches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Winches
- Hydraulic Winches
- By Application:
- Power
- Communication
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cable Winches 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cable wrenches are a type of wrench that is used to tighten or loosen screws, bolts, and other fasteners. They are made from a cable that is wrapped around a handle. The cable can be pulled tight or loosened by turning the handle.
Some of the key players operating in the cable winches market are Jakob Thaler, Katimex, Aicrane, Bagela Baumaschinen, Redmond Gary, Complete Cabling Equipment, Trailer and Winch Solutions Ltd, BHW Group.
The cable winches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Winches Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cable Winches Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cable Winches Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cable Winches Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cable Winches Market Size & Forecast, 2018-2028 4.5.1 Cable Winches Market Size and Y-o-Y Growth 4.5.2 Cable Winches Market Absolute $ Opportunity
Chapter 5 Global Cable Winches Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cable Winches Market Size Forecast by Type
5.2.1 Electric Winches
5.2.2 Hydraulic Winches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cable Winches Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cable Winches Market Size Forecast by Applications
6.2.1 Power
6.2.2 Communication
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Winches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Winches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cable Winches Analysis and Forecast
9.1 Introduction
9.2 North America Cable Winches Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cable Winches Market Size Forecast by Type
9.6.1 Electric Winches
9.6.2 Hydraulic Winches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cable Winches Market Size Forecast by Applications
9.10.1 Power
9.10.2 Communication
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cable Winches Analysis and Forecast
10.1 Introduction
10.2 Europe Cable Winches Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cable Winches Market Size Forecast by Type
10.6.1 Electric Winches
10.6.2 Hydraulic Winches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cable Winches Market Size Forecast by Applications
10.10.1 Power
10.10.2 Communication
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cable Winches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cable Winches Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cable Winches Market Size Forecast by Type
11.6.1 Electric Winches
11.6.2 Hydraulic Winches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cable Winches Market Size Forecast by Applications
11.10.1 Power
11.10.2 Communication
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cable Winches Analysis and Forecast
12.1 Introduction
12.2 Latin America Cable Winches Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cable Winches Market Size Forecast by Type
12.6.1 Electric Winches
12.6.2 Hydraulic Winches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cable Winches Market Size Forecast by Applications
12.10.1 Power
12.10.2 Communication
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cable Winches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cable Winches Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cable Winches Market Size Forecast by Type
13.6.1 Electric Winches
13.6.2 Hydraulic Winches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cable Winches Market Size Forecast by Applications
13.10.1 Power
13.10.2 Communication
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Winches Market: Competitive Dashboard
14.2 Global Cable Winches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jakob Thaler
14.3.2 Katimex
14.3.3 Aicrane
14.3.4 Bagela Baumaschinen
14.3.5 Redmond Gary
14.3.6 Complete Cabling Equipment
14.3.7 Trailer and Winch Solutions Ltd
14.3.8 BHW Group