Market Overview:
The global safety winch 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 safety winches in various applications, such as ping lanes, tilt lanes, and others. Additionally, the growing awareness about safety among end-users is also contributing to the growth of this market. The gear winch segment is expected to hold a major share of the global safety winch market during the forecast period. This segment is anticipated to grow at a CAGR of 5.8% from 2018 to 2030 due to its high efficiency and durability as compared with other types of safety winches available in the market.
Product Definition:
A safety winch is a device used to safely lower someone down from a height. It is important to use a safety winch because it can prevent injuries or death.
Gear Winch:
A gear winch is a mechanical device used to slowly and steadily remove vehicles from sticky situations. It's primary function is to safely lower the load without any speed or momentum. The product also provides increased safety while using it in various applications such as construction, forestry, agriculture and mining industries.
The global gear winch market size was valued at USD 1,849.6 million in 2016.
Hydraulic Winch:
A hydraulic winch is a mechanical device used to slowly and steadily remove people or objects from a dangerous situation. It works by using the power of hydraulic fluids which are stored in tanks, cylinders or systems. The winch uses the force of fluid pressure to execute its task. These devices are widely used across several industries such as oil & gas, construction, mining and military for their safety purposes owing to their advantages over other conventional methods such as manually lifting and manual recovery techniques.
Application Insights:
The others application segment accounted for the largest market share of more than 30% in 2017. The major applications include pinging, tilt-laning and other operations. In pinging, a rope is pulled tight to create tension on the safety line which prevents it from slipping off the hook. In case of a tilt operation, a winch is used to pull up or down an oil well pipe string thereby stabilizing the platform against lateral movement caused by earthquakes or ground movement.
In 2015, according to estimates published by Wood Mackenzie Ltd., there were over 1 million active wells worldwide with around 962 thousand vertical wells and 149 thousand horizontal drilling rigs operating across 24 countries worldwide including China, U.S.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. Increasing construction activities and infrastructure development are some of the key factors responsible for product demand in North America. For instance, as per a recent study by the American Society of Civil Engineers, U.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing roadways network across various countries such as China.
The Middle East & Africa market is also expected witness significant growth over a CAGR exceeding 6% from 2018 to 2030 owing both ends of value chain namely manufacturers end (safety winch OEMs) and end users (construction companies).
Growth Factors:
- Increasing demand for safety winches in the automotive industry as a result of stringent government regulations and consumer awareness.
- The increasing popularity of off-road vehicles and adventure sports, which has led to an increase in the demand for safety winches.
- Rapid technological advancements in the safety winch market that have resulted in better performance and efficiency of these products.
- Growing investments by leading players in research and development activities to introduce new and innovative products into the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Winch Market Research Report
By Type
Gear Winch, Hydraulic Winch
By Application
Ping Lane, Tilt Lane, Others
By Companies
TWG, Paccarwinch, Ingersoll Rand, Cargotec, Huisman Group, Bosch Rexroth, Thern, ROLLS-ROYCE, Brevini, TWG
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Safety Winch Market Report Segments:
The global Safety Winch market is segmented on the basis of:
Types
Gear Winch, Hydraulic Winch
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
Ping Lane, Tilt Lane, 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:
- TWG
- Paccarwinch
- Ingersoll Rand
- Cargotec
- Huisman Group
- Bosch Rexroth
- Thern
- ROLLS-ROYCE
- Brevini
- TWG
Highlights of The Safety Winch 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:
- Gear Winch
- Hydraulic Winch
- By Application:
- Ping Lane
- Tilt Lane
- Others
- 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 Safety 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
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?
A safety winch is a device that can be used to secure an object or person from moving. It is typically mounted on a vehicle, boat, or other structure and can be activated using a remote control.
Some of the major players in the safety winch market are TWG, Paccarwinch, Ingersoll Rand, Cargotec, Huisman Group, Bosch Rexroth, Thern, ROLLS-ROYCE, Brevini, TWG.
The safety winch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Winch 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 Safety Winch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Winch 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 Safety Winch 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 Safety Winch Market Size & Forecast, 2020-2028
4.5.1 Safety Winch Market Size and Y-o-Y Growth
4.5.2 Safety Winch Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Gear Winch
5.2.2 Hydraulic Winch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Ping Lane
6.2.2 Tilt Lane
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Winch 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 Safety Winch 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Gear Winch
9.6.2 Hydraulic Winch
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 Market Size Forecast by Applications
9.10.1 Ping Lane
9.10.2 Tilt Lane
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Gear Winch
10.6.2 Hydraulic Winch
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 Market Size Forecast by Applications
10.10.1 Ping Lane
10.10.2 Tilt Lane
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Gear Winch
11.6.2 Hydraulic Winch
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 Market Size Forecast by Applications
11.10.1 Ping Lane
11.10.2 Tilt Lane
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Gear Winch
12.6.2 Hydraulic Winch
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 Market Size Forecast by Applications
12.10.1 Ping Lane
12.10.2 Tilt Lane
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Gear Winch
13.6.2 Hydraulic Winch
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) Market Size Forecast by Applications
13.10.1 Ping Lane
13.10.2 Tilt Lane
13.10.3 Others
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 Safety Winch Market: Competitive Dashboard
14.2 Global Safety Winch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TWG
14.3.2 Paccarwinch
14.3.3 Ingersoll Rand
14.3.4 Cargotec
14.3.5 Huisman Group
14.3.6 Bosch Rexroth
14.3.7 Thern
14.3.8 ROLLS-ROYCE
14.3.9 Brevini
14.3.10 TWG
