Rescue Hoists and Cargo Winches Market Trends, Share, Trends By 2028

Rescue Hoists and Cargo Winches Market Forecast to 2028 - COVID-19 Impact and Global 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)

Publication Month: Apr 2021 | Report Code: TIPRE00019428 | No. of Pages: No. of Pages162 | Category: Aerospace and Defense | Status: Published

The rescue hoists and cargo winches market was valued at US$ 1638.42 million in 2020 and is projected to reach US$ 2734.50 million by 2028; it is expected to grow at a CAGR of 7.3% from 2021 to 2028.

Governments across the world have been investing in procuring advance helicopters that have preinstalled rescue hoists and cargo winches to replace the old one. At present, almost all the government owned helicopters have rescue hoists. Such helicopters are used in rescue mission, medical evacuation, humanitarian assistance, disaster relief, and surveillance and targeting. There is stringent regulation regarding the manufacturing of rescue hoists and cargo winch system. For instance, there are specifications laid down on basic design and raw material used. Usually, austenitic stainless steel is used for the manufacture of rescue hoists and cargo winch to offer corrosion resistant property. Also, wire rope fabrication should be in a specified manner. Therefore, manufacturers of rescue hoists and cargo winches need to be careful while testing the capabilities of the products. These factors are driving the growth of the global rescue hoists and cargo winches market

Governments of developed as well as developing countries are now procuring new helicopters for search rescue and medical evacuation purpose. For instance, in 2016, Ministry of Defense (MOD), government of India decided to procure ~111 Naval Utility Helicopters (NUH) along-with two flight simulators, one maintenance simulator, and infrastructure. The intended use of these helicopters was for search and rescue, medical evacuation, communication duties, and surveillance & targeting, among others. The technical specification clearly mentioned about the installation of advance rescues hoists that has defined load capacity and minimal usable cable length. Like India, the US government has also been procuring new and advance helicopters that has comprehensive rescue hoists. For instance, US has Sikorsky S-92, twin-engine medium-lift helicopter that is equipped with dual rescue hoist with spotlight, one or two triple NATO-standard litter kits, wire strike protection, and cargo hook. In 2020, European countries such as Norway, the Netherlands, Ireland, and the UK, decided to replace their old search and rescue (SAR) helicopters with new and advance one. The tender pre-selection for the ‘Search-and-Rescue Helicopter Capacity (SARHC) for the Netherlands Coastguard’ was released in April 2020 by the Defence Materiel Organisation (DMO) of the Ministry of Defense of the Netherlands (MOD NL). The tender mentions various technical specifications including that of rescue hoists. Therefore, the ongoing procurement of new SAR helicopters and need for advance rescue hoist is propelling the growth of the rescue hoists and cargo winches market.

Impact of COVID-19 Pandemic on Rescue Hoists and Cargo Winches Market

The recent outbreak of the COVID – 19 has significantly affected the world and is continuing to shatter several countries. Until the outbreak of COVID–19, the aerospace industry was experiencing substantial growth in terms of production and services, despite huge backlogs from the aircraft (both fixed wing aircraft and helicopters) manufacturers; the global aviation industry witnessed a significant rise in the number aircraft procurement (both commercial and military), as well as rise growth in MRO activities. Unfortunately, the COVID–19 outbreak has decimated the demand for aircraft (both fixed wing aircraft and helicopters) globally, which reflected significantly lower volumes of orders among the airframe manufacturers, which resulted in a lower number of airframe production. The decline in production volumes adversely affected the businesses of various component manufacturers. Thus, FY2020 has turned the aviation industry upside down as the aircraft manufacturer (both fixed wing aircraft and helicopters) refrained from procuring various components during the first two quarters of 2020. Thus, the businesses of rescue hoist and cargo winches market players have been severely affected by destabilization in aircraft (both fixed wing aircraft and helicopters) production.


Lucrative Regional Markets for Rescue Hoists and Cargo Winches Providers

Lucrative Regional Markets for Rescue Hoists and Cargo Winches Providers

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Rescue Hoists and Cargo Winches Market Insights

Continuous Demand from Military Forces Fuels the Market Growth

There is a continuous demand for advance and capable SAR helicopter and rescue hoist and winches from military forces of developing countries. The UK, one of the prominent countries in Europe, is investing on the procurement of the second-generation or 2G SAR service. The UK’s Maritime & Coastguard Agency (MCA) is looking for helicopters that are equipped with emerging technologies such as UAVs or even high-altitude pseudo-satellites for surveillance. Similarly, Government of India decided to procure 14 Twin-Engine Heavy Helicopters (TEHH), for Indian Coat Guards, in January 2021. These helicopters will be operational by FY 2025–2026. These helicopters will be used for maritime surveillance, SAR, medical evacuation, casualty evacuation, and logistics support to ships as well as pollution response sorties.

Similarly, in March 2019, the Rescue and Salvage Bureau (CRS) of the Chinese Ministry of Transport (MOT) expanded its medium class search and rescue helicopter fleet with the Airbus H175. These new H175 were procured to perform SAR mission in busiest areas for marine traffic (seven of the 10 busiest container ports in the world are in China) as well as various offshore areas such as the Bohai Sea and the Yellow Sea. These instances of continuous procurement of new and advance SAR helicopters have created immense opportunity for component manufacturers of such helicopters including rescue hoists and cargo winches manufacturers to develop innovative products with enhanced capabilities.

Type - Based Market Insights

Based on type, the rescue hoists and cargo winches market is further segmented into hoists, winches, and ground support equipment. In 2020, the hoists segment accounted for a significant share in the global rescue hoists and cargo winches market.

Rescue Hoists and Cargo Winches Market, by Type – 2020 and 2028

Rescue Hoists and Cargo Winches Market, by Type – 2020 and 2028

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Application-Based Market Insights

Based on application, the rescue hoists and cargo winches market is further segmented into search and rescue, medevac, utility, and law enforcement and firefighting. In 2020, the search and rescue segment accounted for a significant share in the global rescue hoists and cargo winches market.

End Users-Based Market Insights

Based on end users, the rescue hoists and cargo winches market is further segmented into military forces, law enforcement agencies, fire fighters, and medical evacuation crews. In 2020, the law enforcement agencies segment accounted for a significant share in the global rescue hoists and cargo winches market.

Strategic Insights

Report CoverageDetails
Market Size Value inUS$ 1638.42 Million in 2020
Market Size Value byUS$ 2734.50 Million by 2028
Growth rateCAGR of 7.3% from 2021-2028
Forecast Period2021-2028
Base Year2021
No. of Pages162
No. of Tables76
No. of Charts & Figures86
Historical data availableYes
Segments coveredType , Application , and End Users
Regional scopeNorth America; Europe; Asia Pacific; Latin America; MEA
Country scopeUS, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

The players operating in the rescue hoists and cargo winches market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In March 2021, Dart Aerospace with Talon Helicopters have received approval from the Canada transport department to perform night hover refill operations. this operation of firefighting through air will also increase the demand for its rescue hoists across the country.

In February 2018, VINCORION launched an innovated version of Skyhoist 800 with its sophisticated capstan technology, dead weight of maximum 50 kilograms, hoisting capacity of up to 350 kilograms, cable length of 120 meters, and maximum hoisting speed of 2 meters per second.


By Type

  • Hoists
  • Winches
  • Ground Support Equipment

By Application

  • Search and Rescue
  • MedEvac
  • Utility
  • Law Enforcement and Firefighting

By End-Users

  • Military Forces
  • Law Enforcement Agencies
  • Fire Fighters
  • Medical Evacuation Crews

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Rest of SAM

Company Profiles

  • Breeze-Eastern, LLC
  • Dart Aerospace
  • KubanAviaService
  • Lift-It Manufacturing Company, Inc
  • VINCORION
  • Zephyr International
  • Collins Aerospace
  • Honeywell International Inc.
  • Sika Interplant Systems Limited
  • Lite Flite ApS

Frequently Asked Questions

Presently, North America held the largest revenue share of global rescue hoists and cargo winches market. North America has seen significant technological advances, which has resulted in highly competitive markets. In the region, governments are strongly focusing on expanding and enhancing the military equipment. The governments have also increased the overall investment and have been keen in replacing components and equipment with new and advance ones.
Investment by government organization and continuous demand from military forces are driving the growth of the global rescue hoists and cargo winches market.
The global rescue hoist and cargo winches market is segmented into hoist, winches and ground support equipment. The hoist segment held the largest market in 2020 and is expected to hold its dominating share throughout the forecast period. However, the winches segment is anticipated to grow at a strong pace during the forecast period, owing to the rising demand for the same. The winches have the capability to lift and hold more weights than hoists, and pertaining to this, the demand for winches is rising among the end users. This factor is analyzed to project the growth of rescue hoists and cargo winches market.

The List of Companies - Rescue Hoists and Cargo Winches Market

  1. Breeze-Eastern, LLC
  2. Dart Aerospace
  3. KubanAviaService
  4. LIFT-IT MANUFACTURING COMPANY, INC
  5. VINCORION
  6. Zephyr International
  7. Collins Aerospace, a Raytheon Technologies Corporation Company
  8. Honeywell International Inc.
  9. Sika Interplant Systems Limited
  10. Lite Flite ApS
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global rescue hoists and cargo winches market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global rescue hoists and cargo winches market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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