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Global Electric Winch Market 2017-2021

Global Electric Winch Market 2017-2021

About Electric Winch

An electric winch is a motor-driven device, used to pull in or let out the load attached to it. It deals with a complex task in a simple manner. It is used for pulling electrical wires, lifting vehicles or applications on a work site such as assembling telecommunications structures, installing various equipment, putting up fabric structures, hoisting antennas, and industrial materials.

Technavio’s analysts forecast the global electric winch market to grow at a CAGR of 23.59% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global electric winch market for 2017-2021 . To calculate the market size, the report considers the revenue generated by different vendors through the sales of electric winches of several types which include single reel, double reel, and line shaft winches.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electric Winch Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ramsey Winch,
  • Westin Automotive,
  • Warn Industries,
  • Superwinch.
Other prominent vendors
  • Lokpal Industries
  • Hebei Kunda Hoisting Equipment
  • R P CRANES & HOIST
  • Ellsen Machinery
  • Vertex cranes Industries
  • Fong Hwang
  • Pacific Marine & Industrial
  • Dowellcrane Machinery Group
  • Henan Hengyuan Crane Machinery Group
  • Taiwan Winch Industrial
Market driver
  • Increasing demand for winches for use in LCVs
  • For a full, detailed list, view our report
Market challenge
  • Handling of an electric winch
  • For a full, detailed list, view our report
Market trend
  • Growing innovations by vendors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Winch Market 2017-2021

Technavio recognizes the following companies as the key players in the global electric winch market: Ramsey Winch, Westin Automotive, Warn Industries, and Superwinch.

Other Prominent Vendors in the market are: Lokpal Industries, Hebei Kunda Hoisting Equipment, R P CRANES & HOIST, Ellsen Machinery, Vertex cranes Industries, Fong Hwang, Pacific Marine & Industrial, Dowellcrane Machinery Group, Henan Hengyuan Crane Machinery Group, and Taiwan Winch Industrial.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising focus on partnerships. With growing developments in the global automotive winches and recovery system industry in terms of designs, production material, and mechanism of operation, vendors are focusing on collaborations to gain competitive advantage.”

According to the report, one of the major drivers for this market is Increasing demand for winches for use in LCVs. LCVs are used to carry goods and transport people across shorter distances. They play a critical role in the delivery of time-critical goods, high-value goods, and support services. They are mainly used in space-strapped urban areas.

Further, the report states that one of the major factors hindering the growth of this market is Handling of an electric winch. 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. In addition, if it stops pulling, it is necessary to remove the power to the winch, as it can otherwise lead to damages to both the winch and the electrical system. It is very critical to focus on the following aspects while using an electric winch for industrial applications:

Companies Mentioned

Ramsey Winch, Westin Automotive, Warn Industries, Superwinch, Lokpal Industries, Hebei Kunda Hoisting Equipment, R P CRANES & HOIST, Ellsen Machinery, Vertex cranes Industries, Fong Hwang, Pacific Marine & Industrial, Dowellcrane Machinery Group, Henan Hengyuan Crane Machinery Group, and Taiwan Winch Industrial.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Share of global electric winch market in global automotive winches and recovery system market in 2016 (% volume)
  • Market landscape
    • Market overview
      • Table Global electric winch market segmentation
    • Market size and forecast
      • Table Global electric winch market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global electric winch market by type
      • Table Global electric winch market by type 2016 (% revenue)
      • Table Global electric winch market by type 2016-2021 (% revenue)
      • Table Global electric winch market growth 2017-2021
    • Global single reel electric winch market
      • Table Global single reel electric winch market 2016-2021 ($ millions)
    • Global double reel electric winch market
      • Table Global double reel electric winch market 2016-2021 ($ millions)
    • Global line shaft electric winch market
      • Table Global line shaft electric winch market 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Americas - market size and forecast
    • Regional comparison
      • Table Regional comparison
    • Americas - market size and forecast
      • Table Number of light vehicles produced in Americas 2010-2015 (millions)
      • Table Americas - market size and forecast 2016-2021 (millions)
      • Table Americas - Year-over-year growth
    • EMEA - market size and forecast
      • Table EMEA - market size and forecast 2016-2021 (millions)
      • Table Growth rates for automotive industry
      • Table EMEA - Year-over-year growth
    • APAC - market size and forecast
      • Table APAC - market size and forecast 2016-2021 (millions)
      • Table APAC - Year-over-year growth
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Applications of LCV
      • Table Global LCV market by volume 2016-2021 (millions)
      • Table Global construction equipment industry 2014-2016 ($ billions)
      • Table Global percentage of urban population 2012-2016 (% total)
      • Table Global car sales in Q1 2016 (% sales)
      • Table Annual growth rates for household disposable incomes 2012-2015
    • Market challenges
      • Table Handling aspects of an electric winch
      • Table Advantages of a hydraulic winch
  • Market trends
    • Growing innovations by vendors
      • Table Innovations by vendors in global electric winch market
    • Rising focus on partnerships
      • Table Vendors focusing on collaborations
    • Increasing strategies by vendors
  • Vendor landscape
    • Competitive scenario
      • Table Vendors focusing on innovative solutions
    • Ramsey Winch
    • Superwinch
    • Warn Industries
    • Westin Automotive
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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