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The Electric Winch Market by Type (Single reel, Double reel, and Line shaft winches) and Geography (Europe, North America, APAC, South America, and MEA) - Forecast and Analysis 2021-2025 report has been added to Technavio's offering. With ISO 9001:2015 certification, we are proudly partnering with more than 100 Fortune 500 companies for over 16 years. The market value is set to grow by USD 1.28 billion from 2020 to 2025, as per the latest report by Technavio.
Key Market Dynamics:
Handling of an electric winch is one of the key challenges hindering the electric winch market growth. It is crucial to be careful while using an electric winch because it contains sharp edges and moving parts that can lead to burns, cuts, lacerations, or amputations. The components of an electric winch consist of heat build-up characteristics, due to which it can't be used for long durations. If its motor is heated, it is required to cool it down before it can be used for winching again. This further slows down the winching process. Furthermore, the most crucial part of an electric winch is the rope that comes with the winch. While choosing the rope, it is important to consider the length and strength. The length is the distance between the load being pulled and the winch. Any broken or inappropriate rope length can result in a fatal accident. Thus, working with an electric winch to pull heavy loads is a challenging task, which leads to a slow and prolonged process. This further impacts the overall operational cost because of the high consumption of power. Thus, it is a key challenge for the global electric winch market.
Electric Winch Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 6.93% |
Market growth 2021-2025 |
$ 1.28 billion |
Market structure |
Fragmented |
YoY growth (%) |
12.49 |
Regional analysis |
Europe, North America, APAC, South America, and MEA |
Performing market contribution |
Europe at 34% |
Key consumer countries |
US, Germany, China, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Dowellcrane Machinery Group, Friedrich Koster GmbH & Co. KG, Harken Inc., Henan Hengyuan Crane Machinery Group Co. Ltd., Ramsey Winch Inc., Taiwan Winch Industrial Co. Ltd., Thern Inc., W.W. Grainger Inc., WARN Industries Inc., and Westin Automotive Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
The Electric Winch Market is segmented by type (single reel, double reel, and line shaft winches) and geography (Europe, North America, APAC, South America, and MEA).
Region and Segmentation Analysis & Forecast:
The 34% of the market's growth will originate from Europe during the forecast period. Germany and UK are the key markets for electric winch in Europe. Market growth in this region will be faster than the growth of the market in South America and MEA regions. Increasing demand for SUVs and crossovers will facilitate the electric winch market growth in Europe over the forecast period.
-
- North America
- APAC
- South America
- MEA
- Segmentation Outlook:
- Single Reel
- Double Reel
- Line Shaft Winches
Download Sample Report for more insights on the market share & contribution of various regions & segments
Some of the Major Companies Mentioned
-
- Dowellcrane Machinery Group
- Friedrich Koster GmbH & Co. KG
- Harken Inc.
- Henan Hengyuan Crane Machinery Group Co. Ltd.
- Ramsey Winch Inc.
- Taiwan Winch Industrial Co. Ltd.
- Thern Inc.
- W.W. Grainger Inc.
- WARN Industries Inc.
- Westin Automotive Inc.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Industrial machinery market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces analysis 2020 & 2025
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 15: Type - Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 16: Comparison by Type
- 5.3 Single reel - Market size and forecast 2020-2025
- Exhibit 17: Single reel - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Single reel - Year-over-year growth 2020-2025 (%)
- 5.4 Double reel - Market size and forecast 2020-2025
- Exhibit 19: Double reel - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Double reel - Year-over-year growth 2020-2025 (%)
- 5.5 Line shaft winches - Market size and forecast 2020-2025
- Exhibit 21: Line shaft winches - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Line shaft winches - Year-over-year growth 2020-2025 (%)
- 5.6 Market opportunity by Type
- Exhibit 23: Market opportunity by Type
6 Customer Landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 25: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 26: Geographic comparison
- 7.3 Europe - Market size and forecast 2020-2025
- Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 37: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 38: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 39: Impact of drivers and challenges
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 40: Vendor landscape
- 9.3 Landscape disruption
- Exhibit 41: Landscape disruption
- Exhibit 42: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 43: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 44: Market positioning of vendors
- 10.3 Dowellcrane Machinery Group
- Exhibit 45: Dowellcrane Machinery Group - Overview
- Exhibit 46: Dowellcrane Machinery Group - Product and service
- Exhibit 47: Dowellcrane Machinery Group - Key offerings
- 10.4 Friedrich Koster GmbH & Co. KG
- Exhibit 48: Friedrich Koster GmbH & Co. KG - Overview
- Exhibit 49: Friedrich Koster GmbH & Co. KG - Product and service
- Exhibit 50: Friedrich Koster GmbH & Co. KG - Key offerings
- 10.5 Harken Inc.
- Exhibit 51: Harken Inc. - Overview
- Exhibit 52: Harken Inc. - Product and service
- Exhibit 53: Harken Inc. - Key news
- Exhibit 54: Harken Inc. - Key offerings
- 10.6 Henan Hengyuan Crane Machinery Group Co. Ltd.
- Exhibit 55: Henan Hengyuan Crane Machinery Group Co. Ltd. - Overview
- Exhibit 56: Henan Hengyuan Crane Machinery Group Co. Ltd. - Product and service
- Exhibit 57: Henan Hengyuan Crane Machinery Group Co. Ltd. - Key offerings
- 10.7 Ramsey Winch Inc.
- Exhibit 58: Ramsey Winch Inc. - Overview
- Exhibit 59: Ramsey Winch Inc. - Product and service
- Exhibit 60: Ramsey Winch Inc. - Key offerings
- 10.8 Taiwan Winch Industrial Co. Ltd.
- 10.9 Thern Inc.
- Exhibit 64: Thern Inc. - Overview
- Exhibit 65: Thern Inc. - Product and service
- Exhibit 66: Thern Inc. - Key offerings
- 10.10 W.W. Grainger Inc.
- Exhibit 67: W.W. Grainger Inc. - Overview
- Exhibit 68: W.W. Grainger Inc. - Business segments
- Exhibit 69: W.W. Grainger Inc. - Key news
- Exhibit 70: W.W. Grainger Inc. - Key offerings
- Exhibit 71: W.W. Grainger Inc. - Segment focus
- 10.11 WARN Industries Inc.
- Exhibit 72: WARN Industries Inc. - Overview
- Exhibit 73: WARN Industries Inc. - Product and service
- Exhibit 74: WARN Industries Inc. - Key news
- Exhibit 75: WARN Industries Inc. - Key offerings
- 10.12 Westin Automotive Inc.
- Exhibit 76: Westin Automotive Inc. - Overview
- Exhibit 77: Westin Automotive Inc. - Product and service
- Exhibit 78: Westin Automotive Inc. - Key offerings
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 79: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 80: Research Methodology
- Exhibit 81: Validation techniques employed for market sizing
- Exhibit 82: Information sources
- 11.4 List of abbreviations
- Exhibit 83: List of abbreviations
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