Tugger Winches Market Outlook: Key Trends and Size Projections

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2024-12-09 08:06:54

As of 2023, the tugger winches market was valued at USD 1.2 billion, and it is projected to grow at a CAGR of 6.4%, reaching USD 2.1 billion by 2032. The key factors driving this market growth include the expanding marine and offshore sectors, which require efficient and durable winching systems. Rising exploration and production activities in the oil and gas sector are also fueling demand for...

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