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Reeling Equipment Market
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Reeling Equipment Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS1401111, Published - February 2025

Segmented in Material (Steel, Aluminum, Plastic), Application (Industrial, Commercial, Residential, Others), Product Type, Capacity and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Reeling Equipment Market Outlook

The market, for Reeling equipment was estimated at $2.3 billion in 2024; and it is anticipated to increase to $3.1 billion by 2030 with projections indicating a growth to around $3.9 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 4.9% over the forecast period. The widespread use of Reeling Equipment across industries showcases its lasting importance and continued relevance in various sectors. Technological advancements and a growing emphasis on operations have fueled its popularity in industries, like cable manufacturing, fishing and construction. Companies are drawn to these machines for their cost effective solutions that boost productivityand operational effectiveness. The ongoing progress in technology and the increasing use of equipment are contributing to the strong presence of Reeling Equipment, in the global market and driving up its demand even further.


Reeling Equipment is a tool used across various industries with a range of important features tailored to specific needs for different uses like adjustable reeling speed and sturdy design for tough tasks alongside safety features for smooth operation Included applications are in cable and wire production fisheries entertainment and construction A noticeable recent trend is the increasing popularity of automatic Reeling Equipment due, to its efficiency safety and dependability.


Market Size Forecast & Key Insights

2019
$2.3B2024
2029
$3.7B2034

Absolute Growth Opportunity = $1.4B

The Reeling Equipment market is projected to grow from $2.3 billion in 2024 to $3.7 billion in 2034. This represents a CAGR of 4.9%, reflecting rising demand across Cable Manufacturing Industry, Film and Television Production and Fishing Industry.

The Reeling Equipment market is set to add $1.4 billion between 2024 and 2034, with manufacturer targeting Commercial & Residential Application projected to gain a larger market share.

With Expanding industrialization, and Adoption of automated systems, Reeling Equipment market to expand 61% between 2024 and 2034.

Opportunities in the Reeling Equipment Market

Emerging Markets

The reeling equipment sector has an opportunity to enter new markets as many nations are advancing their infrastructure projects and require strong and long lasting reeling equipment for various purposes in regions like Asia and Africa where the demand is high, for growth prospects.

Technological Advances and Strategic Partnerships

The advancement of technologies and automation offers great potential for innovation in the field of reeling equipment industry. By incorporating state of the art technologies like IoT or AI the performance of reeling equipment could be greatly improved, making operations more efficient and enhancing effectiveness. This could mark a technological milestone in the reeling equipment sector driving interest, among technology enthusiasts.

Merging with or acquiring companies and collaborating can help reeling equipment manufacturers expand their market reach by partnering strategically with businesses that offer complementary products and services to utilize combined resources and boost production capacities while reaching a wider range of customers together. These partnerships could also result in developments or unique product lines that add value and set them apart in the reeling equipment sector.

Growth Opportunities in North America and Europe

Europe Outlook

Europe is behind North America when it comes to the demand and market size for Reeling Equipment. The regions industries like construction, maritime and automotive play a role in driving the demand for Reeling Equipment. Moreover the increasing use of equipment in Europe's growing renewable energy sector, such as wind farms makes a significant contribution to the demand, in the region. Europe has a mix of known manufacturers and new startups providing specialized Reeling Equipment giving the market a competitive edge. In Europe's market scenario today; There is a shift towards renewable energy sources. The emphasis on safety is, on the rise too. Additionally the construction sector is experiencing growth.

North America Outlook

The Reeling Equipment market in North America holds a portion due to advancements in technology and strong industrial infrastructure alongside the growing demand for automation solutions in various sectors such as telecommunications and electrical manufacturing where this equipment plays a vital role in daily operations due to strict safety regulations driving the need, for efficient and durable machinery. The competition in the market is tough as major companies are always coming up with ideas to provide products that are packed with features and easy to use while being affordable for customers to buy them without breaking the bank. Key factors driving the market in North America include a growing emphasis on safety in the workplace a rise in automation trends and an increasing need for products, within the fishing industry.

North America Outlook

The Reeling Equipment market in North America holds a portion due to advancements in technology and strong industrial infrastructure alongside the growing demand for automation solutions in various sectors such as telecommunications and electrical manufacturing where this equipment plays a vital role in daily operations due to strict safety regulations driving the need, for efficient and durable machinery. The competition in the market is tough as major companies are always coming up with ideas to provide products that are packed with features and easy to use while being affordable for customers to buy them without breaking the bank. Key factors driving the market in North America include a growing emphasis on safety in the workplace a rise in automation trends and an increasing need for products, within the fishing industry.

Europe Outlook

Europe is behind North America when it comes to the demand and market size for Reeling Equipment. The regions industries like construction, maritime and automotive play a role in driving the demand for Reeling Equipment. Moreover the increasing use of equipment in Europe's growing renewable energy sector, such as wind farms makes a significant contribution to the demand, in the region. Europe has a mix of known manufacturers and new startups providing specialized Reeling Equipment giving the market a competitive edge. In Europe's market scenario today; There is a shift towards renewable energy sources. The emphasis on safety is, on the rise too. Additionally the construction sector is experiencing growth.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, China, Germany, Japan, India are expected to grow at 3.4% to 4.5% CAGR

2

Emerging Markets : India, South Africa, Brazil are expected to grow at 5.4% to 6.9% CAGR

Market Analysis Chart

The worldwide market for reeling equipment is influenced by a variety of factors driven by factors like increased industrialization and technological progress at its core position in theindustry'simportance hierarchy. The rising demand for reeling solutions stems from the growing necessity for efficiency and accuracy across different sectors like construction projects and outdoor pursuits. The appeal of reeling equipment lies in its speediness and reliability as well, as its user friendly operation features that are boosting market expansion. Despite these aspects of the market growth potential is slowed down by certain obstacles that need to be addressed.

Recent Developments and Technological Advancement

December 2024

Renowned manufacturer of reeling equipment Shinkō Wire Company has revealed their advancement, in integrating cutting edge sensor based technologies to enhance the performance of their equipment.

October 2024

Bosch Rexroth unveiled their automated reeling machinery to enhance efficiency and productivity across different sectors globally.

July 2024

Siemens AG unveiled its high capacity coiling machinery that is causing quite a stir in the industry due, to its exceptional speed and precision.

The Reeling Equipment market has seen growth in the past few years due to the expansion of power distribution and communication sectors driving the need, for durable and technologically advanced equipment that is efficient and reliable to meet industry demands effectively.

Impact of Industry Transitions on the Reeling Equipment Market

As a core segment of the Industrial Tools & Machinery industry, the Reeling Equipment market develops in line with broader industry shifts. Over recent years, transitions such as Technological advancements and Growing focus on sustainability have redefined priorities across the Industrial Tools & Machinery sector, influencing how the Reeling Equipment market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Technological advancements:

The Reeling Equipment market has undergone changes due to the rise and widespread use of technology in recent years. New technologies such as automated systems and digital interfaces have improved the performance of Reeling Equipment, in sectors. For example the fishing industry relies heavily on Reeling Equipment and has greatly profited from these developments. Improved reel controls ensure line handling and boost the success rates of catches ultimately enhancing theindustry'sefficiency and profitability. In the field of construction well, as other important users of Reeling Equipment have experienced enhanced safety and productivity thanks to advanced reeling systems This has positively impacted project outcomes highlighting the importance of technological progress in improving the effectiveness and performance of Reeling Equipment.

2

Growing focus on sustainability:

A significant shift happening in the Reeling Equipment industry is the growing emphasis on sustainability resulting in the creation of eco Reeling Equipment equipped with energy efficient features and environmentally friendly materials to minimize their impact, on the environment.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Industrial Tools & Machinery industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Industrial Tools & Machinery industry cascade into the Reeling Equipment market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Expanding Industrialization, and Stringent Workplace Safety Regulations

The rapid growth of industrialization worldwide has also led to increased need for efficient reeling equipment across various sectors like construction and mining as well as in shipping and utilities industries. This equipment plays a role in ensuring smooth operations by facilitating the handling and movement of different materials. Technological progressions including the integration of AI and robotics have also significantly enhanced the performance and productivity of reeling equipment serving as an asset, to the market.
The implementation of safety rules across different sectors has also led to the use of effective reeling gear to enhance workplace safety and ensure smooth operations in risky settings like mines and construction sites. As the adherence to safety protocols becomes more crucial than before the demand, for modern reeling equipment is also expected to rise significantly.
Automated systems have also transformed the sector significantly and the market for reeling equipment is also no exception to this trend. The use of reeling equipment has also led to cost savings in labor expenses and improved productivity while also reducing errors which in turn contributes to the expansion of the market. The incorporation of materials and advancements in cable management are also key developments that have also supported the growth of the industry. These technologies play a role, in ensuring smooth and efficient operations particularly within the manufacturing sector.

Restraint: High Initial Investment

The expense of buying and setting up Reeling Equipment poses an obstacle to the expansion of this market sector for potential buyers, in emerging nations who may struggle with the initial investment cost and thereby lower market demand.

Challenge: Technological Complexities

Reeling Equipment relies on technology that demands trained professionals to operate and upkeep it effectively. The scarcity of specialized knowledge presents a significant challenge for companies. Paradoxically the advanced technology of Reeling Equipment serves as a two sword, in hindering and fostering its market expansion simultaneously.

Supply Chain Landscape

Raw Materials Acquisition

ArcelorMittal

ThyssenKrupp Steel

Component Production

Bosch Rexroth

Emerson Electric

Manufacturing
Prysmian Group / Nexans
End-User Industry
Construction / Telecommunications / Power Supply
Raw Materials Acquisition

ArcelorMittal

ThyssenKrupp Steel

Component Production

Bosch Rexroth

Emerson Electric

Manufacturing

Prysmian Group

Nexans

End-User Industry

Construction

Telecommunications

Power Supply

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Cable Manufacturing
Industrial Manufacturing
ABM Industries
Inventive manufacturing techniques and broadened product portfolio
Wire Drawing
Construction and Electrical
Power-spool International
Development of cost-effective and energy-efficient Reeling Equipment
Textile Industry
Textile Manufacture
Rotex Automation
Implementation of modern technologies and focus on robust delivery systems
Fishing
Marine and Water Sports
Nautilus Reel Systems
Targeted Marketing towards recreational fishing sector and product diversification

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Reeling Equipment market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Reeling Equipment in Film and Television Production, Fishing Industry and Cable Manufacturing Industry

Film and Television Production

Reeling gear plays a role in the film and TV sector by using cable reels and wire dispensers to manage audiovisual equipment effectively and efficiently. The industry prefers reeling gear for easy movement during filming sessions. Market leaders such, as Pro Verizon leverage this equipment to create safe and well managed setups that save time and costs associated with equipment management.

Fishing Industry

In the world of leisure fishing operations, fishing equipment such as reels is of utmost importance. These tools are crafted to assist in casting and pulling in fishing lines making the fishing process smoother and more fruitful. Established brands, like Shimano and Penn Fishing lead the way by offering a range of top notch reels that are sturdy, long lasting and packed with cutting edge technology all aimed at improving the overall fishing adventure.

Cable Manufacturing Industry

The cable manufacturing sector depends greatly on a variety of reeling tools to ensure effective cable management processes run smoothly and efficiently. In this field large capacity cable reels are widely favored for their ability to manage lengths and heavy weights of conductive cables adeptly. These tools offer the advantage of storage as well, as seamless unwinding processes to meet operational requirements effectively. Some of the players in this field are firms, like Nexans and Prysmian Group. They make use of reeling equipment technologies to boost production efficiency and lower operational expenses.

Reeling Equipment vs. Substitutes:
Performance and Positioning Analysis

Reeling Equipment outshines its alternatives with superior durability, user-friendliness, and efficiency. Its unique market positioning lies in its versatility and its potential growth is promising due to advancements in automation. These Alternatives specially Wire And Cable Management has experienced a rapid growth as detailed in our latest report.

Reeling Equipment
    Efficient material handling, high productivity, precise application, reduced labor costs
    high initial investment, regular maintenance required, specialized training
    High versatility, cost-effectiveness
    High maintenance costs, limited durability

Reeling Equipment vs. Substitutes:
Performance and Positioning Analysis

Reeling Equipment

  • Efficient material handling, high productivity, precise application, reduced labor costs
  • high initial investment, regular maintenance required, specialized training

Wire And Cable Management / Material Handling Equipment / Spooling devices

  • High versatility, cost-effectiveness
  • High maintenance costs, limited durability

Reeling Equipment outshines its alternatives with superior durability, user-friendliness, and efficiency. Its unique market positioning lies in its versatility and its potential growth is promising due to advancements in automation. These Alternatives specially Wire And Cable Management has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Reeling Equipment market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Industrial Tools & Machinery ecosystem, we analyze Reeling Equipment across Industrial, Commercial, and Residential Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

Annual Reports / Industry Magazines / Country Level Ministerial Sources / World Mining Data

• Trade Sources (USA Trade Census, EU Comext, China Customs)

Interviews of Industry Stake Holders

Industry Views of Consultants

merics.org

• NAICS - Economic Statistics (US, Canada)

DataString Database

We benchmark competitors such as Prysmian Group, Nexans, and Havells by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Materials Acquisition, Component Production, and Manufacturing. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Industrial Tools & Machinery revenues to estimate the Reeling Equipment segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Materials Acquisition (ArcelorMittal, ThyssenKrupp Steel), Component Production (Bosch Rexroth, Emerson Electric), and Manufacturing. Our parallel substitute analysis examines Wire And Cable Management, Material Handling Equipment, and Spooling devices, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Prysmian Group, Nexans, and Havells, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Reeling Equipment market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Reeling Equipment Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 2.4 billion
Revenue Forecast in 2034USD 3.7 billion
Growth RateCAGR of 4.9% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20242.3 billion
Growth OpportunityUSD 1.4 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20242.3 billion USD
Market Size 20272.7 billion USD
Market Size 20292.9 billion USD
Market Size 20303.1 billion USD
Market Size 20343.7 billion USD
Market Size 20353.9 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredMaterial, Application, Product Type, Capacity
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledPrysmian Group, Nexans, Havells, Apar Industries, Polycab, KEI Industries, R. R. Kabel, Universal Cables, Finolex Cables, Torrent Cables, Belden Incorporated and General Cable
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Reeling Equipment Market Size, Opportunities & Strategic Insights, by Material

4.1Steel
4.2Aluminum
4.3Plastic
Chapter 5

Reeling Equipment Market Size, Opportunities & Strategic Insights, by Application

5.1Industrial
5.2Commercial
5.3Residential
5.4Others
Chapter 6

Reeling Equipment Market Size, Opportunities & Strategic Insights, by Product Type

6.1Manual
6.2Electric
6.3Hydraulic
Chapter 7

Reeling Equipment Market Size, Opportunities & Strategic Insights, by Capacity

7.1Low
7.2Medium
7.3High
Chapter 8

Reeling Equipment Market, by Region

8.1North America Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Reeling Equipment Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Prysmian Group
9.2.2Nexans
9.2.3Havells
9.2.4Apar Industries
9.2.5Polycab
9.2.6KEI Industries
9.2.7R. R. Kabel
9.2.8Universal Cables
9.2.9Finolex Cables
9.2.10Torrent Cables
9.2.11Belden Incorporated
9.2.12General Cable