Europe Rescue Hoists and Cargo Winches Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Hoists, Winches, and Ground Support Equipment), Application (Search and Rescue, MedEvac, Utility, and Law Enforcement and Firefighting), and End Users (Military Forces, Law Enforcement Agencies, Fire Fighters, and Medical Evacuation Crews)
Market Introduction
The European market is witnessing significant opportunity owing to extensive investment plan by government of the respective countries. The region has one of the strongest military forces and the government set a huge budget for upgradation and procurement of military equipment. In December 2018, The NSPA aviation programme has completed the procurement of a new H215 Super Puma helicopter for the Spanish Air Force. The helicopter configuration with its specific mission equipment allows the performance of search and rescue (SAR) missions. This configuration includes additional fuel tanks to increase the operational range, emergency floatation system to allow missions over the sea to be conducted, and provisions to install a rescue hoist. The cockpit of the helicopter incorporates the advance technologies with multi-functional displays and allows night vision goggles operations. Not only Spain, other countries such as the UK and Germany have also invested in advancing their search and rescue (SAR) helicopters, thereby creating opportunity and demand for advance rescue hoists and cargo winches. In 2019, the Italian government decided to procure the AW169M -a twin-engine, 10-seat, 4.8t helicopter developed and manufactured by the helicopter division of Leonardo. The purchase decision was made under the broad Armed Forces Procurement Program. There was a mention of all the technical specification that included a dedicated configuration of rescue hoists, emergency floatation system, traffic collision avoidance system, and helicopter terrain awareness warning system, among others.
In case of COVID-19, France and Russia are the worst affected countries in Europe region. The European aviation industry is composed of aircraft OEMs, component suppliers, airlines, and MRO service providers. The outbreak of the COVID – 19 viruses has affected each aviation business stakeholders' business in the region. Several contracts to acquire helicopters and aircraft used for rescue operations among the law enforcement agencies, firefighting teams, medevac teams, and military forces were suspended in order to manage their current operational costs during COVID times and post-COVID times. This has led the aircraft OEMs and component suppliers to suffer economic loss. This factor has negatively affected the European and international rescue hoists and cargo winches market players. From the retrofitting perspective, the rescue hoists and cargo winches retrofitting industry also witnessed economic loss, as the orders for retrofitting rescue hoists and cargo winches were comparatively less than in earlier years. This showcased lower revenue generation among the retrofitters. France, Italy, and Russia have higher numbers of helicopter retrofitters. The majority of retrofitting service providers observed substantially lower volumes of orders, which highlighted restricted demand for rescue hoists and cargo winches. This negatively impacted the growth of the rescue hoists and cargo winches market in the European countries.
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Market Overview and Dynamics
The Europe rescue hoists and cargo winches market is expected to grow from US$ 361.88 million in 2021 to US$ 591.14 million by 2028; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028. Surging advancement in hoists and winches is expected to catalyze the market growth. The design and technology of rescue hoists have advanced steadily. At present, hoists and winches have become powerful and reliable components for rescue and other emergency services. Manufacturers operating in the Europe market have invested ample time and money to enhance the quality and capability of hoists and winches. For instance, Collin Aerospace introduced rescue hoists with an improved traction drive, better cable handling, and a level wind system to enhance the reliability. There has also been mechanical improvement in the hoist and winches, which has made them user friendly. For instance, Pegasus rescue hoists (developed by Collin Aerospace) is the next generation rescue hoists that has multiple features, such as data acquisition sensing and health (DASR) system, which makes sure that the rescue mission is completed effectively and efficiently. Apart from hoists, there have been advancements in hoists hooks. Therefore, continuous improvement in the products over a period is creating further competition and opportunity in the market. Not only established players, but start-ups are also investing time and money in building best in class hoists and winches. Besides, there have been advancements in winches system. The availability of portable winches has made rope rescue less dependent on the rescuer-constructed mechanical advantage system. With significant improvement in battery power, these winches have become more reliable for rescue purpose. So, advancement in winches is expected to drive the Europe market growth.
Key Market Segments
In terms of type, the hoists segment accounted for the largest share of the Europe rescue hoists and cargo winches market in 2020. In terms of application, the search and rescue segment held a larger market share of the Europe rescue hoists and cargo winches market in 2020. Further, the law enforcement agencies segment held a larger share of the Europe rescue hoists and cargo winches market based on end users in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe rescue hoists and cargo winches market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Breeze-Eastern, LLC; Collins Aerospace; Dart Aerospace; Honeywell International Inc.; KubanAviaService; Lite Flite ApS; VINCORION; and Zephyr International.
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Europe Rescue Hoists and Cargo Winches Market Segmentation
Europe Rescue Hoists and Cargo Winches Market - By Type
- Hoists
- Winches
- Ground Support Equipment
Europe Rescue Hoists and Cargo Winches Market - By Application
- Search and Rescue
- MedEvac
- Utility
- Law Enforcement and Firefighting
Europe Rescue Hoists and Cargo Winches Market - By End Users
- Military Forces
- Law Enforcement Agencies
- Fire Fighters
- Medical Evacuation Crews
Europe Rescue Hoists and Cargo Winches Market - By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Rescue Hoists and Cargo Winches Market - Company Profiles
- Breeze-Eastern, LLC
- Collins Aerospace
- Dart Aerospace
- Honeywell International Inc.
- KubanAviaService
- Lite Flite ApS
- VINCORION
- Zephyr International
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Rescue Hoists and Cargo Winches Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Europe Rescue Hoists and Cargo Winches Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Investment by Government Organization
5.1.2 Escalating Demand from Military Forces
5.2 Market Restraints
5.2.1 Problem Related to Weight of External Hoist Systems and Limited Attraction among Air Ambulance Service Providers
5.3 Market Opportunities
5.3.1 Growing Investment in Research & Development by Manufacturers
5.4 Future Trends
5.4.1 Surging Advancement in Hoists and Winches
5.5 Impact Analysis of Drivers and Restraints
6. Rescue Hoists and Cargo Winches Market – Europe Analysis
6.1 Europe Rescue Hoists and Cargo Winches Market Overview
6.2 Europe Rescue Hoists and Cargo Winches Market Overview
7. Europe Rescue Hoists and Cargo Winches Market Analysis– By Type
7.1 Overview
7.2 Europe Rescue Hoists and Cargo Winches Market, by Type (2020 & 2028)
7.3 Hoists
7.3.1 Overview
7.3.2 Hoists: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Winches
7.4.1 Overview
7.4.2 Winches: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Ground Support Equipment
7.5.1 Overview
7.5.2 Ground Support Equipment: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Rescue Hoists and Cargo Winches Market Analysis – By Application
8.1 Overview
8.2 Europe Rescue Hoists and Cargo Winches Market, By Application (2020 & 2028)
8.3 Search and Rescue
8.3.1 Overview
8.3.2 Search and Rescue: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
8.4 MedEvac
8.4.1 Overview
8.4.2 MedEvac: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Utility
8.5.1 Overview
8.5.2 Utility: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Law Enforcement and Firefighting
8.6.1 Overview
8.6.2 Law Enforcement and Firefighting: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Rescue Hoists and Cargo Winches Market Analysis – By End Users
9.1 Overview
9.2 Europe Rescue Hoists and Cargo Winches Market, By End Users (2020 & 2028)
9.3 Military Forces
9.3.1 Overview
9.3.2 Military Forces: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Law Enforcement Agencies
9.4.1 Overview
9.4.2 Law Enforcement Agencies: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Fire Fighters
9.5.1 Overview
9.5.2 Fire Fighters: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Medical Evacuation Crews
9.6.1 Overview
9.6.2 Medical Evacuation Crews: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Rescue Hoists and Cargo Winches Market – Country Analysis
10.1 Overview
10.1.1 Europe: Rescue Hoists and Cargo Winches Market Breakdown, by Country
10.1.1.1 France: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.1.1 France: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.1.2 France: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.1.3 France: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
10.1.1.2 Germany: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.2.1 Germany: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.2.2 Germany: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.2.3 Germany: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
10.1.1.3 Italy: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.3.1 Italy: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.3.2 Italy: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.3.3 Italy: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
10.1.1.4 UK: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.4.1 UK: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.4.2 UK: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.4.3 UK: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
10.1.1.5 Russia: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.5.1 Russia: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.5.2 Russia: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.5.3 Russia: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
10.1.1.6 Rest of Europe: Rescue Hoists and Cargo Winches Market, Revenue and Forecast to 2028
10.1.1.6.1 Russia: Rescue Hoists and Cargo Winches Market Breakdown, by Type
10.1.1.6.2 Rest of Europe: Rescue Hoists and Cargo Winches Market Breakdown, by Application
10.1.1.6.3 Rest of Europe: Rescue Hoists and Cargo Winches Market Breakdown, by End Users
11. Impact of COVID-19 Pandemic on Europe Rescue Hoists and Cargo Winches Market
11.1 Europe
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Breeze-Eastern, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Dart Aerospace
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 KubanAviaService
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 VINCORION
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Zephyr International
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Collins Aerospace
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Honeywell International Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lite Flite ApS
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Rescue Hoists and Cargo Winches Market, by Country – Revenue and Forecast to 2028 (USD Million)
Table 3. France Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 4. France: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. France: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 6. Germany: Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Germany: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Germany: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 9. Italy: Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Italy: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Italy: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 12. UK: Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 13. UK: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. UK: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 15. Russia: Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Russia: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 17. Russia: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 18. Russia: Rescue Hoists and Cargo Winches Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe: Rescue Hoists and Cargo Winches Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of Europe: Rescue Hoists and Cargo Winches Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Rescue Hoists and Cargo Winches Market Segmentation
Figure 2. Europe Rescue Hoists and Cargo Winches Market Segmentation – By Country
Figure 3. Europe Rescue Hoists and Cargo Winches Market Overview
Figure 4. Europe Rescue Hoists and Cargo Winches Market, by Type
Figure 5. Europe Rescue Hoists and Cargo Winches Market, by End Users
Figure 6. Europe Rescue Hoists and Cargo Winches Market, by Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Europe Rescue Hoists and Cargo Winches Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Rescue Hoists and Cargo Winches Market Revenue Share, by Type (2020 & 2028)
Figure 11. Europe Hoists: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Winches: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Ground Support Equipment: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Rescue Hoists and Cargo Winches Market Revenue Share, by Application (2020 & 2028)
Figure 15. Europe Search and Rescue: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe MedEvac: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Utility: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Law Enforcement and Firefighting: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Rescue Hoists and Cargo Winches Market Revenue Share, by End Users (2020 & 2028)
Figure 20. Europe Military Forces: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Law Enforcement Agencies: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Fire Fighters: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Medical Evacuation Crews: Rescue Hoists and Cargo Winches Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Rescue Hoists and Cargo Winches Market, by Key Country – Revenue (2020) (USD Million)
Figure 25. Europe Rescue Hoists and Cargo Winches Market Breakdown, by Country, 2020 & 2028(%)
Figure 26. France Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 27. Germany Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 28. Italy Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 29. UK Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 30. Russia: Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 31. Rest of Europe Rescue Hoists and Cargo Winches Market, Revenue and Forecast, 2018–2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in Europe Country Markets
- Breeze-Eastern, LLC
- Collins Aerospace
- Dart Aerospace
- Honeywell International Inc.
- KubanAviaService
- Lite Flite ApS
- VINCORION
- Zephyr International
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