Market Overview:
The global marine 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 marine winches from various applications such as marine engineering, hoisting freight, and fishing. Additionally, the growing demand for electric and hydraulic winches is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A marine winch is a mechanical device used to pull in or let out rope, cable or chain. They can be used to lift heavy objects, such as anchors, or they can be used for pulling boats in and out of the water. Marine winches are important because they provide a way to easily and efficiently move heavy objects around using relatively small amounts of force.
Manual:
Manual winches are mainly used in small to medium-sized vessels for various operations like as mooring, towing and sailing. They are mostly preferred over electric or hydraulic winches owing to the low cost of maintenance and easy availability of skilled manpower. The market is expected to witness significant growth on account of growing demand from emerging countries such as India, China, Vietnam and South Africa among others.
Electrical:
Winch is a mechanical device used to create and control tension on the cable or chain that are used for recovering ship or anchor from the bottom. The winch consists of a spool, drum, or wheel attached to an axle which can be turned by hand cranks, electric motors, steam engines or hydraulic power.
The electrical marine winch market is segmented into two types on the basis of application and product type.
Application Insights:
The marine engineering application segment accounted for the largest revenue share of over 40% in 2017. The demand for marine winches is increasing owing to their ability to withstand extreme environmental conditions and frequent exposure to seawater. Moreover, these devices help reduce manpower costs by automating the process of raising and lowering ships with cables or ropes.
The Hoisting freight application segment is expected register a CAGR of XX% from 2018 to 2030 owing to an increase in industrialization along with urbanization, which has resulted in growing demand for construction materials such as steel and cement across the globe.
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 fishing boats, which results in high demand for marine winches. Furthermore, countries such as China and Japan are among the largest consumers of seafood globally owing to their large coastal areas that provide access to abundant marine resources. This trend is projected to have a positive impact on product demand over the next eight years.
Europe was estimated at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing offshore activities across European countries such as Norway, UK, Germany etc., which will drive upwelling for mechanized rope access equipment products used during oil exploration activities from 2018 onwards. In addition, rising awareness regarding safety while working at height coupled with stringent government regulations pertaining towards employee health & safety are likely boost product demand further down roadways between 2018-2030 timeframes in this region alone).
Growth Factors:
- Increasing demand for marine winches from the commercial sector for various applications such as towing, mooring, and anchoring.
- Growing popularity of electric winches over traditional hydraulic ones due to their lower power consumption and easy installation process.
- Rising investments in the maritime sector across the globe as a result of which, the demand for marine winches is expected to surge in the coming years.
- Proliferation of new vessel types such as cruise ships and container vessels that require advanced winching systems for berthing and unloading operations respectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Winch Market Research Report
By Type
Manual, Electrical, Hydraulic
By Application
Marine Engineering, Hoisting Freight, Fishing
By Companies
MacGregor, Rolls-Royce, Ingersoll Rand, TTS, ACE winches, Huisman Group, IHC Hytop B.V., Fukushima Ltd
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Marine Winch Market Report Segments:
The global Marine Winch market is segmented on the basis of:
Types
Manual, Electrical, Hydraulic
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 Engineering, Hoisting Freight, Fishing
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
- Rolls-Royce
- Ingersoll Rand
- TTS
- ACE winches
- Huisman Group
- IHC Hytop B.V.
- Fukushima Ltd
Highlights of The Marine 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:
- Manual
- Electrical
- Hydraulic
- By Application:
- Marine Engineering
- Hoisting Freight
- Fishing
- 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 Marine 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 Marine winch is a type of winch used to haul objects or people up and down a ship's deck.
Some of the key players operating in the marine winch market are MacGregor, Rolls-Royce, Ingersoll Rand, TTS, ACE winches, Huisman Group, IHC Hytop B.V., Fukushima Ltd.
The marine winch market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Winch 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. Marine Winch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Winch Market - Supply Chain
4.5. Global Marine Winch Market Forecast
4.5.1. Marine Winch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Winch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Winch Market Absolute $ Opportunity
5. Global Marine Winch 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. Marine Winch Market Size and Volume Forecast by Type
5.3.1. Manual
5.3.2. Electrical
5.3.3. Hydraulic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Winch 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. Marine Winch Market Size and Volume Forecast by Application
6.3.1. Marine Engineering
6.3.2. Hoisting Freight
6.3.3. Fishing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Winch 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. Marine Winch 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 Marine Winch 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. Marine Winch 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 Marine Winch Demand Share Forecast, 2019-2026
9. North America Marine Winch 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 Marine Winch 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 Marine Winch Market Size and Volume Forecast by Application
9.4.1. Marine Engineering
9.4.2. Hoisting Freight
9.4.3. Fishing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Winch Market Size and Volume Forecast by Type
9.7.1. Manual
9.7.2. Electrical
9.7.3. Hydraulic
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 Marine Winch Demand Share Forecast, 2019-2026
10. Latin America Marine Winch 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 Marine Winch 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 Marine Winch Market Size and Volume Forecast by Application
10.4.1. Marine Engineering
10.4.2. Hoisting Freight
10.4.3. Fishing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Winch Market Size and Volume Forecast by Type
10.7.1. Manual
10.7.2. Electrical
10.7.3. Hydraulic
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 Marine Winch Demand Share Forecast, 2019-2026
11. Europe Marine Winch 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 Marine Winch 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 Marine Winch Market Size and Volume Forecast by Application
11.4.1. Marine Engineering
11.4.2. Hoisting Freight
11.4.3. Fishing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Winch Market Size and Volume Forecast by Type
11.7.1. Manual
11.7.2. Electrical
11.7.3. Hydraulic
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 Marine Winch Demand Share, 2019-2026
12. Asia Pacific Marine Winch 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 Marine Winch 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 Marine Winch Market Size and Volume Forecast by Application
12.4.1. Marine Engineering
12.4.2. Hoisting Freight
12.4.3. Fishing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Winch Market Size and Volume Forecast by Type
12.7.1. Manual
12.7.2. Electrical
12.7.3. Hydraulic
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 Marine Winch Demand Share, 2019-2026
13. Middle East & Africa Marine Winch 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 Marine Winch 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 Marine Winch Market Size and Volume Forecast by Application
13.4.1. Marine Engineering
13.4.2. Hoisting Freight
13.4.3. Fishing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Winch Market Size and Volume Forecast by Type
13.7.1. Manual
13.7.2. Electrical
13.7.3. Hydraulic
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 Marine Winch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Winch Market: Market Share Analysis
14.2. Marine Winch Distributors and Customers
14.3. Marine Winch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MacGregor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rolls-Royce
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ingersoll Rand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TTS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ACE winches
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huisman Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IHC Hytop B.V.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fukushima Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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