Market Overview:
The global traction 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 traction winches from the automotive and marine industries, and rising demand for hydraulic traction winches from the oil & gas industry. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period, followed by Europe.
Product Definition:
A traction winch is a mechanism used to pull heavy objects using a cable or chain. The importance of traction winches is that they can provide a lot of pulling power, which can be helpful in moving large objects or vehicles.
Electric Traction Winches:
Electric traction wrenches are used in heavy-duty applications such as construction, mining, and transportation. They are also utilized in light to medium duty applications including agriculture and automotive repair & maintenance.
Hydraulic Traction Winches:
Hydraulic traction winches are used in construction and mining applications for various lifting operations. They are equipped with a hydraulic system that provides more power to the winch, which results in increased load carrying capacity. Hydraulic traction winches have several advantages over conventional ones as they can be used under any conditions including low-freeboard vessels, ice-bound lakes or rivers, and steep grades without fear of getting stuck or difficulty in moving forward.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The global automotive industry has been witnessing significant growth owing to increasing consumer disposable income levels, especially in emerging economies such as China, India and Brazil. Moreover, governments of these countries have implemented various policies intended for promoting manufacturing activities in order to create more jobs. This is expected to further propel demand from the automotive sector over the coming years.
The pharmaceutical industry requires a large number of precision-made tools including forceps and clamps that are used during various stages of drug development process including testing new drugs on animals or humans as well as conducting clinical trials at different medical facilities around the world.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a high demand for traction winches from various end-use industries, such as marine, automotive, aviation/aerospace and oil & gas. This can be attributed to increasing manufacturing activities in emerging economies of Asia Pacific including China and India. Moreover, rising investments by governments in building infrastructure such as roads and bridges are also contributing toward increased demand for these types of equipment across this region.
Growth Factors:
- Increasing demand for electric vehicles
- Growing construction and infrastructure activities
- Rising maritime trade and port operations
- Proliferation of off-highway vehicles in mining, forestry, and agriculture sectors
- Technological advancements in winch systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Traction Winches Market Research Report
By Type
Electric Traction Winches, Hydraulic Traction Winches, Manual Traction Winches
By Application
Marine, Automotive, Aviation/Aerospace, Oil & Gas, Pharmaceutical, Pulp and Paper, Others
By Companies
David Round, Tulsa Winch, Inc. (TWI), Rolls-Royce, Verlinde, Favelle Favco, SAS Winches, DEP Marine Engineering (Shanghai), Wale Marine, Dynacon, Jakob Thaler, Tractel, Ningbo Lift Winch, ACE Winches, Wintech International, Hawboldt Industries
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Traction Winches Market Report Segments:
The global Traction Winches market is segmented on the basis of:
Types
Electric Traction Winches, Hydraulic Traction Winches, Manual Traction 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
Marine, Automotive, Aviation/Aerospace, Oil & Gas, Pharmaceutical, Pulp and Paper, 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:
- David Round
- Tulsa Winch, Inc. (TWI)
- Rolls-Royce
- Verlinde
- Favelle Favco
- SAS Winches
- DEP Marine Engineering (Shanghai)
- Wale Marine
- Dynacon
- Jakob Thaler
- Tractel
- Ningbo Lift Winch
- ACE Winches
- Wintech International
- Hawboldt Industries
Highlights of The Traction 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 Traction Winches
- Hydraulic Traction Winches
- Manual Traction Winches
- By Application:
- Marine
- Automotive
- Aviation/Aerospace
- Oil & Gas
- Pharmaceutical
- Pulp and Paper
- 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 Traction 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Traction wrenches are a type of wrench that is used to tighten or loosen nuts and bolts. They use a system of gears to create torque, which helps them grip the nut or bolt more tightly.
Some of the key players operating in the traction winches market are David Round, Tulsa Winch, Inc. (TWI), Rolls-Royce, Verlinde, Favelle Favco, SAS Winches, DEP Marine Engineering (Shanghai), Wale Marine, Dynacon, Jakob Thaler, Tractel, Ningbo Lift Winch, ACE Winches, Wintech International, Hawboldt Industries.
The traction 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 Traction 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 Traction Winches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Traction 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 Traction 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 Traction Winches Market Size & Forecast, 2018-2028
4.5.1 Traction Winches Market Size and Y-o-Y Growth
4.5.2 Traction Winches Market Absolute $ Opportunity
Chapter 5 Global Traction 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 Traction Winches Market Size Forecast by Type
5.2.1 Electric Traction Winches
5.2.2 Hydraulic Traction Winches
5.2.3 Manual Traction Winches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Traction 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 Traction Winches Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Automotive
6.2.3 Aviation/Aerospace
6.2.4 Oil & Gas
6.2.5 Pharmaceutical
6.2.6 Pulp and Paper
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Traction 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 Traction 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 Traction Winches Analysis and Forecast
9.1 Introduction
9.2 North America Traction 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 Traction Winches Market Size Forecast by Type
9.6.1 Electric Traction Winches
9.6.2 Hydraulic Traction Winches
9.6.3 Manual Traction 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 Traction Winches Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Automotive
9.10.3 Aviation/Aerospace
9.10.4 Oil & Gas
9.10.5 Pharmaceutical
9.10.6 Pulp and Paper
9.10.7 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 Traction Winches Analysis and Forecast
10.1 Introduction
10.2 Europe Traction 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 Traction Winches Market Size Forecast by Type
10.6.1 Electric Traction Winches
10.6.2 Hydraulic Traction Winches
10.6.3 Manual Traction 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 Traction Winches Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Automotive
10.10.3 Aviation/Aerospace
10.10.4 Oil & Gas
10.10.5 Pharmaceutical
10.10.6 Pulp and Paper
10.10.7 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 Traction Winches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Traction 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 Traction Winches Market Size Forecast by Type
11.6.1 Electric Traction Winches
11.6.2 Hydraulic Traction Winches
11.6.3 Manual Traction 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 Traction Winches Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Automotive
11.10.3 Aviation/Aerospace
11.10.4 Oil & Gas
11.10.5 Pharmaceutical
11.10.6 Pulp and Paper
11.10.7 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 Traction Winches Analysis and Forecast
12.1 Introduction
12.2 Latin America Traction 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 Traction Winches Market Size Forecast by Type
12.6.1 Electric Traction Winches
12.6.2 Hydraulic Traction Winches
12.6.3 Manual Traction 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 Traction Winches Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Automotive
12.10.3 Aviation/Aerospace
12.10.4 Oil & Gas
12.10.5 Pharmaceutical
12.10.6 Pulp and Paper
12.10.7 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) Traction Winches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Traction 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) Traction Winches Market Size Forecast by Type
13.6.1 Electric Traction Winches
13.6.2 Hydraulic Traction Winches
13.6.3 Manual Traction 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) Traction Winches Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Automotive
13.10.3 Aviation/Aerospace
13.10.4 Oil & Gas
13.10.5 Pharmaceutical
13.10.6 Pulp and Paper
13.10.7 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 Traction Winches Market: Competitive Dashboard
14.2 Global Traction Winches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 David Round
14.3.2 Tulsa Winch, Inc. (TWI)
14.3.3 Rolls-Royce
14.3.4 Verlinde
14.3.5 Favelle Favco
14.3.6 SAS Winches
14.3.7 DEP Marine Engineering (Shanghai)
14.3.8 Wale Marine
14.3.9 Dynacon
14.3.10 Jakob Thaler
14.3.11 Tractel
14.3.12 Ningbo Lift Winch
14.3.13 ACE Winches
14.3.14 Wintech International
14.3.15 Hawboldt Industries
