Tugger Winches Market Growth Insights and Future Projections
The tugger winches market worldwide, valued at USD 1.2 billion in 2023, is projected to grow at a CAGR of 6.4% to USD 2.1 billion by 2032. This growth is fueled by the increasing need for efficient winching systems in the marine and offshore sectors, along with rising oil and gas exploration activities. Technological innovations, such as IoT and automation, have significantly improved the...
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