The global automotive winches system (AWS) market is estimated to grow at a CAGR of 5.2% during the forecast period (2022-2028). Towing systems for automobiles are known as automotive winches. These systems are most commonly used in pickup trucks, SUVs, and other commercial vehicles. One of the major growth factors of the market is the availability of low-cost, high-quality winches that can be installed quickly. Other factors that have contributed to the market’s rise include technological improvements and product modernization.
Key market participants are developing cohesive solenoid designs that allow agile and seamless installation in order to provide optimal performance levels. Automobile winch systems with bespoke features and compact spooling action are also being developed by manufacturers. The availability of these tailored, high-quality winch systems at reasonable pricing would support the global automobile winch system market growth. Traditionally, vehicle winch systems were operated by hand. However, with the development of winches with enhanced operation mechanisms and better design, the market for automobile winches has exploded. One example is the development of modern vehicle winch systems with remote control clutches. The use of a remote control clutch will aid in the efficient control of procedures such as winch-in, free spooling, and winch out, resulting in manufacturers focusing on the improvement of remote control clutches, which is expected to be one of the key drivers of growth in the automotive winches system market during the forecast period. The market is divided into two types, such as hydraulic winches and electric winches. Hydraulic winches sector accounted for the largest proportion of the market. This is attributed owing to the affordability and the increasing penetration frequency of power take-off winches.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Ingersoll Rand plc, Westin Automotive, and Warn Industries, among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Automotive Winches System AWS Market Report by Segment
By Type
- Hydraulic Winches
- Electric Winches
By Application
- Off-Road Vehicle
- Agricultural Vehicle
- ATV Sports Car
- Other
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