Market Overview:
Ship winches are devices used to pull in or let out the anchor chain on a ship. There are two main types of ship winches: electric and hydraulic. Electric ship winches use an electric motor to power the drum, while hydraulic ship winches use pressurized oil to power the drum. Ship Winches can be used for a variety of applications, including commercial and merchant ships, as well as travel and leisure boats. The global Ship Winch market is expected to grow at a CAGR of 5% from 2018-2030. The growth is primarily attributed to the increasing demand for commercial and merchant ships across the globe. Additionally, advancements in technology are also propelling the growth of this market.
Product Definition:
A ship winch is a device used for hauling in or letting out cable on board a vessel. It is usually powered by an engine or motor and is often used to haul in the anchor chain.
Electric Ship Winch:
An electric ship winch is a mechanical device used to hoist and lower vessels or load and unload ships. It is mostly used in ports where there are no crane systems available. The mechanism consists of a powered drum, known as the winder, which rotates around an anchor post. A chain runs from the drum to either side of the post, with sprockets in between the anchor posts that mesh with teeth on another chain running from below or from above.
Hydraulic Ship Winch:
The hydraulic ship winch is a mechanical device used to hoist and lower vessels or objects from one place to another using a winching system. It is mostly used in the shipping industry for loading and unloading ships, containers, railway cars among others. The working principle of hydraulic ship winch depends upon two factors namely; fluid dynamics & leverage and power transmission & reaction.
Application Insights:
The commercial and merchant ship application segment led the global ship winch market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in demand for passenger ships, container ships, and bulk carriers among other vessels. Vessels such as cruise liners require large capacity deck equipment that can be operated easily by one person thus increasing the adoption of hydraulic driven systems on account of their cost-effectiveness compared to electric drive systems.
The travel and leisure ship application segment is expected to witness significant growth over the forecast period owing to an increase in spending on vacations by individuals across various regions including Asia Pacific, North America, and Europe. Furthermore, growing tourism industry coupled with rising disposable income has resulted in increased demand for luxury vessels including catamarans which are equipped with state-of-the-art machinery thus driving market growth further during the analysis period.
Regional Analysis:
Asia Pacific dominated the global ship winch market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to rising investments in new construction as well as replacement of existing vessels. Increasing demand for cruise ships, owing to growing tourism industry, has also contributed significantly towards regional market growth.
Europe was the second-largest consumer of ship winches in 2016 and is anticipated to witness steady growth over the forecast period owing to increasing investment by shipping companies for maintenance and upgrade of their fleet operations. North America accounted for a significant share due to high maritime trade activities across U.S.
Growth Factors:
- Increasing demand for ship winches from the shipping and marine industry as a result of the growth in global trade.
- The increasing popularity of electric winches over traditional hydraulic winches, due to their lower power consumption and environmental benefits.
- Development of new applications for ship winches, such as in the wind energy industry and for salvage operations.
- Growing demand for high-capacity winches from the offshore oil & gas industry to meet the needs of larger vessels and deeper water drilling operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Winch Market Research Report
By Type
Electric Ship Winch, Hydraulic Ship Winch
By Application
Commercial and Merchant Ship, Travel and Leisure Ship
By Companies
MacGregor, Kongsberg (Rolls-Royce), Mitsubishi Heavy Industries, Kawasaki Heavy Industries, PALFINGER AG, Ingersoll Rand, Wartsila, FUKUSHIMA, Marine Equipments Pellegrini, Huisman Equipment B.V, Markey Machinery, DMT Marine Equipment, China Shipbuilding 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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Ship Winch Market Report Segments:
The global Ship Winch market is segmented on the basis of:
Types
Electric Ship Winch, Hydraulic Ship 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
Commercial and Merchant Ship, Travel and Leisure Ship
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:
- MacGregor
- Kongsberg (Rolls-Royce)
- Mitsubishi Heavy Industries
- Kawasaki Heavy Industries
- PALFINGER AG
- Ingersoll Rand
- Wartsila
- FUKUSHIMA
- Marine Equipments Pellegrini
- Huisman Equipment B.V
- Markey Machinery
- DMT Marine Equipment
- China Shipbuilding Group
Highlights of The Ship 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:
- Electric Ship Winch
- Hydraulic Ship Winch
- By Application:
- Commercial and Merchant Ship
- Travel and Leisure Ship
- 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 Ship 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
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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?
Ship winch is a mechanical device that can be used to raise and lower ships or boats by using a cable.
Some of the major players in the ship winch market are MacGregor, Kongsberg (Rolls-Royce), Mitsubishi Heavy Industries, Kawasaki Heavy Industries, PALFINGER AG, Ingersoll Rand, Wartsila, FUKUSHIMA, Marine Equipments Pellegrini, Huisman Equipment B.V, Markey Machinery, DMT Marine Equipment, China Shipbuilding Group.
The ship winch market is expected to grow at a compound annual growth rate of 5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ship 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 Ship Winch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship 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 Ship 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 Ship Winch Market Size & Forecast, 2020-2028
4.5.1 Ship Winch Market Size and Y-o-Y Growth
4.5.2 Ship 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 Electric Ship Winch
5.2.2 Hydraulic Ship 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 Commercial and Merchant Ship
6.2.2 Travel and Leisure Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship 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 Ship 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 Electric Ship Winch
9.6.2 Hydraulic Ship 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 Commercial and Merchant Ship
9.10.2 Travel and Leisure Ship
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 Electric Ship Winch
10.6.2 Hydraulic Ship 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 Commercial and Merchant Ship
10.10.2 Travel and Leisure Ship
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 Electric Ship Winch
11.6.2 Hydraulic Ship 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 Commercial and Merchant Ship
11.10.2 Travel and Leisure Ship
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 Electric Ship Winch
12.6.2 Hydraulic Ship 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 Commercial and Merchant Ship
12.10.2 Travel and Leisure Ship
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 Electric Ship Winch
13.6.2 Hydraulic Ship 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 Commercial and Merchant Ship
13.10.2 Travel and Leisure Ship
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 Ship Winch Market: Competitive Dashboard
14.2 Global Ship Winch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MacGregor
14.3.2 Kongsberg (Rolls-Royce)
14.3.3 Mitsubishi Heavy Industries
14.3.4 Kawasaki Heavy Industries
14.3.5 PALFINGER AG
14.3.6 Ingersoll Rand
14.3.7 Wartsila
14.3.8 FUKUSHIMA
14.3.9 Marine Equipments Pellegrini
14.3.10 Huisman Equipment B.V
14.3.11 Markey Machinery
14.3.12 DMT Marine Equipment
14.3.13 China Shipbuilding Group
