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Tag search results for: "tugger winches"
The tugger winches market, valued at USD 1.2 billion in 2023, is projected to grow at a CAGR of 6.4%, reaching USD 2.1 billion by 2032. Key factors contributing to this growth include increased demand for reliable winching systems in the marine and offshore industries, as well as rising exploration and production activities in the oil and gas sector. Technological advancements such as automation and IoT integration have significantly improved the safety, efficiency, and performance of tugger winches, supporting their growing market a... more
