Request SampleGlobal Engineering Shackle Market Research Report 2023
SKU ID : QYR-25150873 | Publishing Date : 10-Oct-2023 | No. of pages : 99
Shackle is a combination of buckle body and pin shaft. It is a rigging accessory used to connect lifting tools and goods when loading, unloading and lifting goods. It is widely used in lifting, hoisting, connection and other operations. It is an important part for connection. Compared with other rigging accessories, it has the advantages of high strength, small size, long life and can adapt to various complex and harsh operating environments.
According to Researcher's new survey, global Engineering Shackle market is projected to reach US$ 1311.4 million in 2029, increasing from US$ 936 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Engineering Shackle market research.
The engineering shackle market driver is the increasing demand for secure and reliable load lifting and rigging solutions in various industries. Engineering shackles, also known as anchor shackles or D-shackles, are critical components used for connecting, securing, and lifting heavy loads in construction, marine, oil and gas, mining, transportation, and other industries. Several factors contribute to the growing demand for engineering shackles:
Industrial Growth: As various industries, such as construction, manufacturing, and mining, continue to expand, the need for lifting and rigging equipment, including engineering shackles, increases to handle heavy loads safely and efficiently.
Safety and Reliability: Engineering shackles are designed to meet strict safety standards and regulations to ensure the secure attachment and lifting of heavy loads. Industries place a high emphasis on safety, making reliable lifting solutions like engineering shackles essential.
Infrastructure Development: Infrastructure projects, such as building construction, bridges, and ports, require robust lifting equipment like engineering shackles to handle heavy materials and components during construction and maintenance.
Maritime and Offshore Industry: The marine and offshore sectors rely heavily on engineering shackles for mooring, towing, and securing equipment and vessels. With the growth of offshore exploration and shipping, the demand for high-quality shackles increases.
Energy Sector: The oil and gas industry, as well as renewable energy sectors like wind and solar, require engineering shackles for rigging and lifting heavy equipment and components during installation, maintenance, and operation.
Mining and Extraction: In mining operations, engineering shackles are used for lifting heavy loads, securing equipment, and transporting minerals and materials.
Transportation and Logistics: The transportation and logistics industries use engineering shackles for securing cargo during shipping, trucking, and other transportation activities.
Replacement and Upgrades: Like any equipment, shackles have a lifespan and may need replacement due to wear and tear or compliance with updated safety standards, leading to a constant demand for new shackles.
Customization and Innovation: Technological advancements and customer preferences drive the development of innovative and customized engineering shackles to suit specific applications and requirements.
Global Trade and Supply Chain: The global supply chain's interconnected nature facilitates the movement of goods and equipment across borders, driving the demand for engineering shackles for international trade and logistics.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Engineering Shackle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
The Crosby Group
Jupiter Engineering Concern
W.HSCOTT & SON ENGINEERS
Factor 55
Engineering and Marine Equipment Supplies
Precision Engineering Works
Green Pin
Qinde
SLN Oilfield Engineering
XWME Mechanical Engineering
Sail Rigging
Best Hardware Products
Ling Ying Machinery Factory Sling
Segment by Type
D Shackle
Bow Shackle
Others
Segment by Application
Transportation
Marine Engineering
Aerospace
Petrochemical
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Engineering Shackle report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
According to Researcher's new survey, global Engineering Shackle market is projected to reach US$ 1311.4 million in 2029, increasing from US$ 936 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Engineering Shackle market research.
The engineering shackle market driver is the increasing demand for secure and reliable load lifting and rigging solutions in various industries. Engineering shackles, also known as anchor shackles or D-shackles, are critical components used for connecting, securing, and lifting heavy loads in construction, marine, oil and gas, mining, transportation, and other industries. Several factors contribute to the growing demand for engineering shackles:
Industrial Growth: As various industries, such as construction, manufacturing, and mining, continue to expand, the need for lifting and rigging equipment, including engineering shackles, increases to handle heavy loads safely and efficiently.
Safety and Reliability: Engineering shackles are designed to meet strict safety standards and regulations to ensure the secure attachment and lifting of heavy loads. Industries place a high emphasis on safety, making reliable lifting solutions like engineering shackles essential.
Infrastructure Development: Infrastructure projects, such as building construction, bridges, and ports, require robust lifting equipment like engineering shackles to handle heavy materials and components during construction and maintenance.
Maritime and Offshore Industry: The marine and offshore sectors rely heavily on engineering shackles for mooring, towing, and securing equipment and vessels. With the growth of offshore exploration and shipping, the demand for high-quality shackles increases.
Energy Sector: The oil and gas industry, as well as renewable energy sectors like wind and solar, require engineering shackles for rigging and lifting heavy equipment and components during installation, maintenance, and operation.
Mining and Extraction: In mining operations, engineering shackles are used for lifting heavy loads, securing equipment, and transporting minerals and materials.
Transportation and Logistics: The transportation and logistics industries use engineering shackles for securing cargo during shipping, trucking, and other transportation activities.
Replacement and Upgrades: Like any equipment, shackles have a lifespan and may need replacement due to wear and tear or compliance with updated safety standards, leading to a constant demand for new shackles.
Customization and Innovation: Technological advancements and customer preferences drive the development of innovative and customized engineering shackles to suit specific applications and requirements.
Global Trade and Supply Chain: The global supply chain's interconnected nature facilitates the movement of goods and equipment across borders, driving the demand for engineering shackles for international trade and logistics.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Engineering Shackle market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
The Crosby Group
Jupiter Engineering Concern
W.HSCOTT & SON ENGINEERS
Factor 55
Engineering and Marine Equipment Supplies
Precision Engineering Works
Green Pin
Qinde
SLN Oilfield Engineering
XWME Mechanical Engineering
Sail Rigging
Best Hardware Products
Ling Ying Machinery Factory Sling
Segment by Type
D Shackle
Bow Shackle
Others
Segment by Application
Transportation
Marine Engineering
Aerospace
Petrochemical
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Engineering Shackle report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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