Europe Electric and Hydraulic Vehicle Winch Market 2024-2028: Growth, Trends, and Key Players

The electric and hydraulic vehicle winch market in europe is poised for significant growth, with a projected increase of USD 513.72 million between 2023 and 2028, at a CAGR of 6.27%. The demand is driven by factors such as the rising adoption of SUVs and pickup trucks in Europe, the availability of high-quality and affordable winches, and the increasing use of winches in light commercial vehicles (LCVs).

For more details about the industry, get the PDF sample report for free

Market Segmentation

By Type

• Electric vehicle winches
• Hydraulic vehicle winches

By Application

• Automotive
• Industrial
• Marine
• Others

Regional Market

• Europe

Market Drivers

Growing SUV and Pickup Truck Market in Europe

The demand for off-road vehicles, including pickup trucks and sport utility vehicles (SUVs), has been rising across Europe. This trend is particularly strong in Germany, the UK, and Italy, where SUVs and light-duty trucks are seeing increased sales.

According to 2021 sales data, the global off-road truck and SUV market reached 66.7 million units, with European markets experiencing notable growth. This surge is directly contributing to the demand for electric and hydraulic vehicle winches, which are essential for vehicle recovery, off-roading, and towing applications.

Market Trends

Development of Lightweight, Portable Winches

Advancements in winch technology have led to the development of portable and lightweight winches, increasing their usability in various applications. These winches are particularly beneficial for telecommunication cable installation and other industrial uses.

Key innovations include:

• 813-mm diameter single capstan for controlled force application.
• Hydraulic motor-driven rope take-up drum for efficiency.
• Detachable rope coil system for easy handling and storage.

The development of heavy-duty removable winches has further expanded their application in off-road vehicles and adventure sports.

Market Challenges

Regulatory Challenges in Vehicle Transportation

Rising greenhouse gas (GHG) emissions from the transportation sector are a significant challenge for the electric and hydraulic vehicle winch market.

• In 2021, more than 72% of GHG emissions in Europe were attributed to transportation.
• In Germany, transportation accounted for over 12% of total emissions, with 40% from freight transport in 2019.

Get more details by ordering the complete report

Key Companies in the Electric and Hydraulic Vehicle Winch Market in Europe

Some of the key companies of the Electric and Hydraulic Vehicle Winch Market in Europe are as follows:

• BPE Holdings Ltd.
• Columbus McKinnon Corp.
• Dana SAC UK Ltd
• DELTA Hijswerktuigen
• DRAGON WINCH
• Friedrich Koster GmbH
• Gebuwin BV
• Goodwinch Ltd.
• Ingersoll Rand Inc.
• Ironman 4X4 Pty Ltd.
• LKQ Corp.
• Marotechniek BV
• Naust Marine ehf.
• PLANETA Hebetechnik GmbH
• Powerwinch
• Red Winches Ltd.
• Rotzler Holding GmbH Co. KG
• Rydam Universal Ltd.
• Sepson AB
• Thern Inc.