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Capstans and Winches

Global demand for capstans and winches is forecast to expand 5.1% p.a. between 2016 and 2020. Currently, electric capstans and winches account for 66.1% of the global demand while other capstans and winches have a 33.9% market share.

China, Ethiopia, Philippines, South Korea and the United States are considered the highest potential markets in the coming years. China, France, Japan, South Korea and the United States represent the largest capstan and winch markets while the strongest annual growth is forecast to occur in Ethiopia (11.7%), Philippines (11.3%), Nepal (10.6%), Ukraine (9.2%) and Panama (8.9%).

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