Tugger Winches Industry Trends and Market Size Projections
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The global tugger winches market, valued at USD 1.2 billion in 2023, is forecast to reach USD 2.1 billion by 2032, growing at a CAGR of 6.4%. The primary factors driving this growth include the increasing demand for efficient winching systems in the marine and offshore industries and the rising exploration and production activities in the oil and gas sector.
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