UAE Winches Market (2021-2027): Market Forecast By Type (Electric Winches, Hydraulic Winches, Manual Winches), By Applications (Mining, Construction, Utility, Freight, Oceaneering, Others) And Competitive Landscape

Abstract
UAE Winches Market report comprehensively covers the market by types, applications and regions. The report provides an unbiased and detailed analysis of the winches market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

UAE Winches Market Synopsis
UAE Winches Market has declined over the past few years on account of reduced government expenditure due to low crude oil prices, which resulted in the cancellation of many large-scale construction projects, thereby affecting the demand negatively. However, the rising government infrastructure spending, underpinned by initiatives such as “Abu Dhabi Economic Vision 2030” and “Dubai Industrial Strategy 2030” coupled with rising FDI and private sector investment in the infrastructure and logistics sectors would drive the winches market in the country.

The spread of the COVID-19 pandemic has resulted in the slowdown of the overall economy leading to a slowdown in the industrial, automobile and construction sectors, thereby impacting the demand for winches in UAE, which is expected to regain momentum in the coming years. Additionally, the rising government efforts to diversify the economy to boost non-oil revenues would attract significant investments for infrastructure development, thereby boosting the demand for winches from the construction sector. The government aims to develop industrial and export activities in the country by attracting foreign investments to promote the local manufacturing of products and thereby increasing trade opportunities for the country. Therefore, the growing export activities would propel the demand for winches for port operations.

According to 6Wresearch, UAE Winches Market size is projected to grow at CAGR of 7.6% during 2021-27. UAE Winches Market is regaining its momentum. Both the government and the private sector are investing heavily in infrastructure projects, to develop industrial and export activities in the emirate by attracting foreign investments, thereby augmenting the growth of winches market for port operations and construction purposes. Winches play a vital role in several sectors such as logistics & freight, commercial, automobile, oil & gas and mining among others, thereby resulting in the immense scope for market penetration in the country. To grab maximum opportunity in the market, companies may focus on the product development and introduce newer variants of their existing products. Advanced electric winches with wireless controller and increased safety standards could transform commercial operations. Moreover, advancements in rope specifications would also improve the productivity of winches.

Market Analysis by Types
Based on types, Electrical Winches acquired the highest revenue share for the year 2020 owing to the huge requirements of high-capacity electric winches in the construction and oil & gas sectors and manual winches and winches for truck acquired the maximum volume share for the year 2020 owing to their increased usage for towing and lifting purposes in the automotive and oceaneering sectors.

Market Analysis by Applications
Based on applications, Oil & Gas Segment garnered the maximum revenue share for the year 2020 owing to the huge requirements from oil & gas drilling fields. Further, the freight segment is expected to witness significant growth over the coming years on account of increasing number of industrial and logistics free zones, which would augment the demand for winches for port operations and load lifting purposes in the coming years.

Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2017 to 2020.
Base Year: 2020
Forecast Data until 2027.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report
UAE Winches Market Overview
UAE Winches Market Outlook
UAE Winches Market Forecast
UAE Winches Market Trends & Industry Life Cycle
Historical Data and Forecast of UAE Winches Market Revenues for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Types for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Applications for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Regions for the Period 2017-2027F
Market Drivers and Restraints
Porter’s Five Force Analysis
Market Opportunity Assessment
UAE Winches Market Share, By Players
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations

Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:

By Types
Electric Winches
Manual Winches
Hydraulic Winches

By Applications
Oil & Gas
Mining
Construction
Utility
Freight
Oceaneering
Others (Manufacturing, Telecom etc.)

By Regions
Dubai
Abu Dhabi
Other Emirates (Ajman, Sharjah, Ras Al Khaimah, Umm Al Quwain, Fujairah)

Content
Table of Contents

1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. UAE Winches Market Overview
3.1 UAE Winches Market Revenues & Volume, 2017-2027F
3.2 UAE Winches Market - Industry Life Cycle, 2020
3.3 UAE Winches Market - Porter’s Five Forces
3.4 UAE Winches Market Revenue & Volume Share, By Types, 2020 & 2027F
3.5 UAE Winches Market Revenue Share, By Applications, 2020 & 2027F
3.6 UAE Winches Market Revenue Share, By Regions, 2020 & 2027F
4. UAE Winches Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. UAE Winches Market Trends and Evolution
6. UAE Winches Market Overview, By Types
6.1 UAE Winches Market Revenues & Volume, By Electric Winches, 2017-2027F
6.2 UAE Winches Market Revenues & Volume, By Manual Winches, 2017-2027F
6.3 UAE Winches Market Revenues & Volume, By Hydraulic Winches, 2017-2027F
7. UAE Winches Market Overview, By Applications
6.1 UAE Winches Market Revenues, By Oil & Gas, 2017-2027F
6.2 UAE Winches Market Revenues, By Mining, 2017-2027F
6.3 UAE Winches Market Revenues, By Construction, 2017-2027F
6.4 UAE Winches Market Revenues, By Utility, 2017-2027F
6.5 UAE Winches Market Revenues, By Freight, 2017-2027F
6.6 UAE Winches Market Revenues, By Oceaneering, 2017-2027F
6.7 UAE Winches Market Revenues, By Others, 2017-2027F
8. UAE Winches Market Overview, By Regions
8.1 UAE Winches Market Revenues, By Dubai, 2017-2027F
8.2 UAE Winches Market Revenues, By Abu Dhabi, 2017-2027F
8.3 UAE Winches Market Revenues, By Other Emirates, 2017-2027F
9. UAE Winches Market Key Performance Indicators
10. UAE Winches Market Opportunity Assessment
10.1 UAE Winches Market Opportunity Assessment, By Types, 2027F
11. UAE Winches Market Competitive Landscape
11.1 UAE Winches Market Revenue Share, By Company, 2019
11.2 UAE Winches Market Competitive Benchmarking, By Operating and Technical Parameters
12. Company Profiles
12.1 Colombus McKinnon Corporation(Stahl Cranes FZE)
12.2 Konecranes Plc.
12.3 Industrias Electromecánicas GH
12.4 Ace Crane Systems LLC
12.5 Ingersoll rand Inc.
12.6 Jinhua Runva Machinery & Electric Manufacturing Co., Ltd
12.7 Warn Industries Inc.
12.8 Superwinch LLC
12.9 Motive Offshore Group Ltd.
12.10 Demag Cranes & components
13.  Key Strategic Recommendations
14. Disclaimer

List of Figures
Figure 1. UAE Winches Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
Figure 2. UAE Winches Market - Industry Life Cycle
Figure 3. UAE Winches Market Revenue Share, By Types, 2020 & 2027F
Figure 4. UAE Winches Market Volume Share, By Types, 2020 & 2027F
Figure 5. UAE Winches Market Revenue Share, By Applications, 2020 & 2027F
Figure 6. UAE Winches Market Revenue Share, By Regions, 2020 & 2027F
Figure 7. UAE Values for Imports and Exports of Goods( $ Millions)
Figure 8. UAE Planned Projects, By Sector, 2020 ( $ Billions)
Figure 9. UAE Value of Construction Output, 2018-21E ( $ Millions)
Figure 10. Crude Oil Exports for United Arab Emirates, Thousand Barrels Per Day, Annual, 2018-2022F
Figure 11. Dubai and Abu Dhabi Office Supply, 2020-2022F (million sq ft Gross Leasable Area)
Figure 12. UAE Retail Supply Space, (Sq.mt. GLA)
Figure 13. UAE Residential Supply Space, (Sq.mt. GLA)
Figure 14. UAE Winches Market Opportunity Assessment, By Types, 2027F
Figure 15. UAE Winches Market Revenue Ranking, By Company, 2020
Figure 16. UAE Non Oil Exports, Jan-July 2019 vs 2020 ($ Million)
Figure 17. UAE Exports and Imports, 2021E-24F ($ Billions)

List of Tables
Table 1. UAE Foreign Trade Projections ( Annual % Change)
Table 2. UAE Winches Market Revenues, By Types, 2017-2027F ($ Millions)
Table 3. UAE Winches Market Volume, By Types, 2017-2027F (Units)
Table 4. UAE Winches Market Revenues, By Applications, 2017-2027F ($ Million)
Table 5. UAE Winches Market Revenues, By Regions, 2017-2027F ($ Million)
Table 6. Dubai key logistics indicators, 2019 vs 2020 (‘000s)