Global Towing Winches Market Insights and Forecast to 2028

With their high speed render and recovery, towing winches are mostly used on the decks of tugboats. They can have any desired capacity and can be powered by hydraulic or electric drives. The stronger a towing winch is, the better the performance.
Towing winches can include additional functions, depending on their utility, such as passive or active heave compensation, control systems, power Unit, constant tension and many more.
Market Analysis and Insights: Global Towing Winches Market
Due to the COVID-19 pandemic, the global Towing Winches market size is estimated to be worth US$ 89 million in 2022 and is forecast to a readjusted size of US$ 103.9 million by 2028 with a CAGR of 2.7% during the review period. Fully considering the economic change by this health crisis, Capacity Less Than 200t accounting for % of the Towing Winches global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Seagoing Towing segment is altered to an % CAGR throughout this forecast period.
Global Towing Winches key players include MacGregor, Kongsberg Maritime, DMT MARINE EQUIPMENT, Ibercisa, Tytan Marine, etc. Global top five manufacturers hold a share over 35%.
Asia-Pacific is the largest market, with a share over 70%, followed by Europe and North America, both have a share over 20 percent. In terms of product, Capacity Less than 200t is the largest segment, with a share over 65%. And in terms of application, the largest application is Harbor Towing, followed by Seagoing Towing, River Towing, etc.
In terms of production side, this report researches the Towing Winches capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Towing Winches by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Towing Winches Scope and Segment
Towing Winches market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Towing Winches market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Capacity Less Than 200t
Capacity Between 200-400t
Capacity More Than 400t
Segment by Application
Seagoing Towing
Harbor Towing
River Towing
By Company
MacGregor
Kongsberg Maritime
DMT MARINE EQUIPMENT
Ibercisa
Huisman Equipment
FUKUSHIMA
Markey Machinery
Intercon
CSIC
Shanghai Zhenhua
Damen Marine Components
Manabezoki
Adria Winch
MARINE HYDROTEC
Tytan Marine
Zicom
Wuxi Delin
THR Marine
Production by Region
North America
Europe
China
Japan
South America
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE