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The electric winch market is forecasted to grow by USD 1.99 billion during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the electric winch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for winches in light commercial vehicles (LCVs), rising demand for cranes, and increasing demand for automotive winches.
The electric winch market is segmented as below:
By Type
- Single reel
- Double reel
- Line shaft winches
By Product Type
- Heavy duty winch
- Light duty winch
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the electric winch market covers the following areas:
- Electric winch market sizing
- Electric winch market forecast
- Electric winch market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric winch market: Bhagirath Heavy Transmission, COMEUP INDUSTRIES INC., Dowell Crane Co. Ltd, EIVA SAFEX AS, Harken Inc., Henan Crane Co. Ltd, India Industrial Stores, Ingersoll Rand Inc., Knubb Action GbR, LKQ Corp., Mennens Belgium N.V., Mile Marker Industries, Powertek Equipment Co., RAM Winch and Hoist, Ramsey Winch, Taiwan Winch Industrial Co. Ltd., Thern Inc., W.W. Grainger Inc., Westin Automotive Inc., and WINCHMAX Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancement in electric winch systems."
According to the report, one of the major drivers for this market is the increasing demand for winches in light commercial vehicles (LCVs).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bhagirath Heavy Transmission
- COMEUP INDUSTRIES INC.
- Dowell Crane Co. Ltd
- EIVA SAFEX AS
- Harken Inc.
- Henan Crane Co. Ltd
- India Industrial Stores
- Ingersoll Rand Inc.
- Knubb Action GbR
- LKQ Corp.
- Mennens Belgium N.V.
- Mile Marker Industries
- Powertek Equipment Co.
- RAM Winch and Hoist
- Ramsey Winch
- Taiwan Winch Industrial Co. Ltd.
- Thern Inc.
- W.W. Grainger Inc.
- Westin Automotive Inc.
- WINCHMAX Ltd
