Electric Winch Market Growing Innovations by Vendors to Hit at CAGR of 23.59% Between Period 2017-2021 announces the availability of a report on the evolving market of "Global Electric Winch Market 2017-2021"


Albany, NY -- (SBWIRE) -- 10/04/2017 -- The global electric winch market to grow at a CAGR of 23.59% during the period 2017-2021 .

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.

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.

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

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,

Other prominent vendors
Lokpal Industries
Hebei Kunda Hoisting Equipment
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
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Market challenge
Handling of an electric winch
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Market trend
Growing innovations by vendors
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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?

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