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2024-12-09 06:54:19 -

Tugger Winches Market Outlook: Size, Share, and Projections

The global tugger winches market, valued at USD 1.2 billion in 2023, is projected to grow at a CAGR of 6.4% to approximately USD 2.1 billion by 2032. Key growth drivers include the rapid expansion of marine and offshore operations, along with increased oil and gas exploration activities that demand high-performance winching systems. Innovations such as IoT-based automation have transformed the...

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