Global Engineering Shackle Market Growth 2025-2031
Description
The global Engineering Shackle market size is predicted to grow from US$ 1041 million in 2025 to US$ 1419 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.
Shackle is a combination of buckle body and pin shaft. It is a rigging accessory used to connect lifting tools and goods when loading, unloading and lifting goods. It is widely used in lifting, hoisting, connection and other operations. It is an important part for connection. Compared with other rigging accessories, it has the advantages of high strength, small size, long life and can adapt to various complex and harsh operating environments.
The engineering shackle market driver is the increasing demand for secure and reliable load lifting and rigging solutions in various industries. Engineering shackles, also known as anchor shackles or D-shackles, are critical components used for connecting, securing, and lifting heavy loads in construction, marine, oil and gas, mining, transportation, and other industries. Several factors contribute to the growing demand for engineering shackles:
Industrial Growth: As various industries, such as construction, manufacturing, and mining, continue to expand, the need for lifting and rigging equipment, including engineering shackles, increases to handle heavy loads safely and efficiently.
Safety and Reliability: Engineering shackles are designed to meet strict safety standards and regulations to ensure the secure attachment and lifting of heavy loads. Industries place a high emphasis on safety, making reliable lifting solutions like engineering shackles essential.
Infrastructure Development: Infrastructure projects, such as building construction, bridges, and ports, require robust lifting equipment like engineering shackles to handle heavy materials and components during construction and maintenance.
Maritime and Offshore Industry: The marine and offshore sectors rely heavily on engineering shackles for mooring, towing, and securing equipment and vessels. With the growth of offshore exploration and shipping, the demand for high-quality shackles increases.
Energy Sector: The oil and gas industry, as well as renewable energy sectors like wind and solar, require engineering shackles for rigging and lifting heavy equipment and components during installation, maintenance, and operation.
Mining and Extraction: In mining operations, engineering shackles are used for lifting heavy loads, securing equipment, and transporting minerals and materials.
Transportation and Logistics: The transportation and logistics industries use engineering shackles for securing cargo during shipping, trucking, and other transportation activities.
Replacement and Upgrades: Like any equipment, shackles have a lifespan and may need replacement due to wear and tear or compliance with updated safety standards, leading to a constant demand for new shackles.
Customization and Innovation: Technological advancements and customer preferences drive the development of innovative and customized engineering shackles to suit specific applications and requirements.
Global Trade and Supply Chain: The global supply chain"s interconnected nature facilitates the movement of goods and equipment across borders, driving the demand for engineering shackles for international trade and logistics.
LP Information, Inc. (LPI) ' newest research report, the “Engineering Shackle Industry Forecast” looks at past sales and reviews total world Engineering Shackle sales in 2024, providing a comprehensive analysis by region and market sector of projected Engineering Shackle sales for 2025 through 2031. With Engineering Shackle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering Shackle industry.
This Insight Report provides a comprehensive analysis of the global Engineering Shackle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engineering Shackle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering Shackle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering Shackle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering Shackle.
This report presents a comprehensive overview, market shares, and growth opportunities of Engineering Shackle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
D Shackle
Bow Shackle
Others
Segmentation by Application:
Transportation
Marine Engineering
Aerospace
Petrochemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The Crosby Group
Jupiter Engineering Concern
W.HSCOTT & SON ENGINEERS
Factor 55
Engineering and Marine Equipment Supplies
Precision Engineering Works
Green Pin
Qinde
SLN Oilfield Engineering
XWME Mechanical Engineering
Sail Rigging
Best Hardware Products
Ling Ying Machinery Factory Sling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engineering Shackle market?
What factors are driving Engineering Shackle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engineering Shackle market opportunities vary by end market size?
How does Engineering Shackle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Shackle is a combination of buckle body and pin shaft. It is a rigging accessory used to connect lifting tools and goods when loading, unloading and lifting goods. It is widely used in lifting, hoisting, connection and other operations. It is an important part for connection. Compared with other rigging accessories, it has the advantages of high strength, small size, long life and can adapt to various complex and harsh operating environments.
The engineering shackle market driver is the increasing demand for secure and reliable load lifting and rigging solutions in various industries. Engineering shackles, also known as anchor shackles or D-shackles, are critical components used for connecting, securing, and lifting heavy loads in construction, marine, oil and gas, mining, transportation, and other industries. Several factors contribute to the growing demand for engineering shackles:
Industrial Growth: As various industries, such as construction, manufacturing, and mining, continue to expand, the need for lifting and rigging equipment, including engineering shackles, increases to handle heavy loads safely and efficiently.
Safety and Reliability: Engineering shackles are designed to meet strict safety standards and regulations to ensure the secure attachment and lifting of heavy loads. Industries place a high emphasis on safety, making reliable lifting solutions like engineering shackles essential.
Infrastructure Development: Infrastructure projects, such as building construction, bridges, and ports, require robust lifting equipment like engineering shackles to handle heavy materials and components during construction and maintenance.
Maritime and Offshore Industry: The marine and offshore sectors rely heavily on engineering shackles for mooring, towing, and securing equipment and vessels. With the growth of offshore exploration and shipping, the demand for high-quality shackles increases.
Energy Sector: The oil and gas industry, as well as renewable energy sectors like wind and solar, require engineering shackles for rigging and lifting heavy equipment and components during installation, maintenance, and operation.
Mining and Extraction: In mining operations, engineering shackles are used for lifting heavy loads, securing equipment, and transporting minerals and materials.
Transportation and Logistics: The transportation and logistics industries use engineering shackles for securing cargo during shipping, trucking, and other transportation activities.
Replacement and Upgrades: Like any equipment, shackles have a lifespan and may need replacement due to wear and tear or compliance with updated safety standards, leading to a constant demand for new shackles.
Customization and Innovation: Technological advancements and customer preferences drive the development of innovative and customized engineering shackles to suit specific applications and requirements.
Global Trade and Supply Chain: The global supply chain"s interconnected nature facilitates the movement of goods and equipment across borders, driving the demand for engineering shackles for international trade and logistics.
LP Information, Inc. (LPI) ' newest research report, the “Engineering Shackle Industry Forecast” looks at past sales and reviews total world Engineering Shackle sales in 2024, providing a comprehensive analysis by region and market sector of projected Engineering Shackle sales for 2025 through 2031. With Engineering Shackle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering Shackle industry.
This Insight Report provides a comprehensive analysis of the global Engineering Shackle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engineering Shackle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering Shackle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering Shackle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering Shackle.
This report presents a comprehensive overview, market shares, and growth opportunities of Engineering Shackle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
D Shackle
Bow Shackle
Others
Segmentation by Application:
Transportation
Marine Engineering
Aerospace
Petrochemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The Crosby Group
Jupiter Engineering Concern
W.HSCOTT & SON ENGINEERS
Factor 55
Engineering and Marine Equipment Supplies
Precision Engineering Works
Green Pin
Qinde
SLN Oilfield Engineering
XWME Mechanical Engineering
Sail Rigging
Best Hardware Products
Ling Ying Machinery Factory Sling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engineering Shackle market?
What factors are driving Engineering Shackle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engineering Shackle market opportunities vary by end market size?
How does Engineering Shackle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
124 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Engineering Shackle by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Engineering Shackle by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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