Market Overview:
The global loose pulley 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 loose pulleys in various applications such as travel, visits, and others. Additionally, the growing demand for electric vehicles is also contributing to the growth of this market. North America dominates the global loose pulley market and is expected to continue its dominance during the forecast period.
Product Definition:
A loose pulley is a pulley that is not tightly attached to the shaft on which it rotates. This type of pulley can be used to change the direction of motion or to increase or decrease the mechanical advantage of a system.
Offshore Loose Pulley:
Offshore loose pulley is a device that is used in offshore drilling systems to transmit the weight of the drill string and attached tools to a surface float. The system consists of an offshore drilling platform, main cable, and one or more off-shore loose pulleys. A surface float (a large round object) is moored at the desired location where work on the sea floor is going to be carried out.
Ocean Loose Pulley:
Ocean loose pulley is a device used in the process of raising and lowering heavy loads over short distances. It is mainly used in ships to facilitate loading and unloading operations at the dock. Ocean loose pulleys are also known as windlass or block & tackle pulleys, they are widely utilized on vessels for hoisting masts, yards, sails along with other lifting equipment.
Application Insights:
The travel loose pulley market is expected to reach USD 1.5 billion by 2030 owing to the rising number of travelers and tourism activities globally. The other application segment includes mining, construction, oil & gas and others. In 2017, the other application segment dominated the global loose pulley market with over 50% share in terms of revenue.
The travel industry has been growing significantly across various regions including Asia Pacific, North America and Europe due to increasing domestic as well as international tourist arrivals that have been positively affected by supportive government policies on infrastructure development along with high spending capacity of consumers in these regions coupled with a rise in disposable income among middle-class population which can be used for leisure purposes is anticipated to drive growth over the forecast period for this application segment globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of ports, which makes it a lucrative market for manufacturers. China, Japan, South Korea, Taiwan are some of the major countries that dominate this industry owing to their large port facilities and travel & tourism sector.
North America is projected to be one of the fastest-growing regions over the forecast period owing to an increase in offshore drilling activities across U.S., Canada as well as Mexico’s Gulf Coast region due to rising oil production from shale gas deposits within these countries will drive product demand further onshore markets such as U.S.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for loose pulleys as they are used in power transmission systems to transmit rotational energy.
- Growing popularity of belt-driven systems over traditional gear-based systems, which is expected to boost the demand for loose pulleys in the near future.
- Rising investments by key players in research and development activities to develop innovative products that can cater to the needs of different end-use industries.
- Proliferation of online retail platforms that offer a wide range of loose pulleys at competitive prices, thereby helping consumers save time and money while shopping for these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Loose Pulley Market Research Report
By Type
Offshore Loose Pulley, Ocean Loose Pulley
By Application
Travel, Visit, Other
By Companies
Blount Boats, Brodosplit Shipyard, Finctierani - Cantieri Navali Italiani, Meyer Turku, Meyer Werft, MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean, Nichols, SAMSUNG HEAVY INDUSTRIES, SembCorp Marine, Two Harbours Marine, Warwick Yacht Design
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Loose Pulley Market Report Segments:
The global Loose Pulley market is segmented on the basis of:
Types
Offshore Loose Pulley, Ocean Loose Pulley
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
Travel, Visit, Other
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:
- Blount Boats
- Brodosplit Shipyard
- Finctierani - Cantieri Navali Italiani
- Meyer Turku
- Meyer Werft
- MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
- Nichols
- SAMSUNG HEAVY INDUSTRIES
- SembCorp Marine
- Two Harbours Marine
- Warwick Yacht Design
Highlights of The Loose Pulley 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:
- Offshore Loose Pulley
- Ocean Loose Pulley
- By Application:
- Travel
- Visit
- Other
- 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 Loose Pulley 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 loose pulley is a type of pulley that can move freely on its shaft. This allows it to be used to lift heavy objects, which can make it a useful tool in construction and other industrial settings.
Some of the major companies in the loose pulley market are Blount Boats, Brodosplit Shipyard, Finctierani - Cantieri Navali Italiani, Meyer Turku, Meyer Werft, MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean, Nichols, SAMSUNG HEAVY INDUSTRIES, SembCorp Marine, Two Harbours Marine, Warwick Yacht Design.
The loose pulley market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Loose Pulley 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. Loose Pulley Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Loose Pulley Market - Supply Chain
4.5. Global Loose Pulley Market Forecast
4.5.1. Loose Pulley Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Loose Pulley Market Size (000 Units) and Y-o-Y Growth
4.5.3. Loose Pulley Market Absolute $ Opportunity
5. Global Loose Pulley 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. Loose Pulley Market Size and Volume Forecast by Type
5.3.1. Offshore Loose Pulley
5.3.2. Ocean Loose Pulley
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Loose Pulley 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. Loose Pulley Market Size and Volume Forecast by Application
6.3.1. Travel
6.3.2. Visit
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Loose Pulley 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. Loose Pulley 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 Loose Pulley 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. Loose Pulley 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 Loose Pulley Demand Share Forecast, 2019-2026
9. North America Loose Pulley 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 Loose Pulley 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 Loose Pulley Market Size and Volume Forecast by Application
9.4.1. Travel
9.4.2. Visit
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Loose Pulley Market Size and Volume Forecast by Type
9.7.1. Offshore Loose Pulley
9.7.2. Ocean Loose Pulley
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 Loose Pulley Demand Share Forecast, 2019-2026
10. Latin America Loose Pulley 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 Loose Pulley 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 Loose Pulley Market Size and Volume Forecast by Application
10.4.1. Travel
10.4.2. Visit
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Loose Pulley Market Size and Volume Forecast by Type
10.7.1. Offshore Loose Pulley
10.7.2. Ocean Loose Pulley
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 Loose Pulley Demand Share Forecast, 2019-2026
11. Europe Loose Pulley 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 Loose Pulley 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 Loose Pulley Market Size and Volume Forecast by Application
11.4.1. Travel
11.4.2. Visit
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Loose Pulley Market Size and Volume Forecast by Type
11.7.1. Offshore Loose Pulley
11.7.2. Ocean Loose Pulley
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Loose Pulley Demand Share, 2019-2026
12. Asia Pacific Loose Pulley 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 Loose Pulley 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 Loose Pulley Market Size and Volume Forecast by Application
12.4.1. Travel
12.4.2. Visit
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Loose Pulley Market Size and Volume Forecast by Type
12.7.1. Offshore Loose Pulley
12.7.2. Ocean Loose Pulley
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 Loose Pulley Demand Share, 2019-2026
13. Middle East & Africa Loose Pulley 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 Loose Pulley 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 Loose Pulley Market Size and Volume Forecast by Application
13.4.1. Travel
13.4.2. Visit
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Loose Pulley Market Size and Volume Forecast by Type
13.7.1. Offshore Loose Pulley
13.7.2. Ocean Loose Pulley
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 Loose Pulley Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Loose Pulley Market: Market Share Analysis
14.2. Loose Pulley Distributors and Customers
14.3. Loose Pulley Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Blount Boats
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brodosplit Shipyard
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Finctierani - Cantieri Navali Italiani
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Meyer Turku
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Meyer Werft
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nichols
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SAMSUNG HEAVY INDUSTRIES
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SembCorp Marine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Two Harbours Marine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Warwick Yacht Design
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
