Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "Industrial Reels Market by Hose Reel, Cable Reel, Static Grounding Reel, Rewind Type (Manual Crank, Electric, Hydraulic, Pneumatic), Power Supply Management, DEF Dispensing, Construction & Infrastructure, Refuelling Stations - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.
The global industrial reels market is projected to reach USD 0.62 billion by 2030 from USD 0.50 billion in 2025, at a CAGR of 4.4%
The report helps market leaders and newcomers gain insights into revenue approximations for the overall industrial reels market and its subsegments. Stakeholders can understand the competitive landscape to better position their businesses and devise go-to-market strategies. It also provides insights into the market pulse, outlining the key drivers, restraints, challenges, and opportunities.
The demand for industrial reels is increasing due to the rise in the need for effective cable, hose, and wire management across various sectors, including construction, utilities, transportation, and manufacturing. As operations become more automated and safety regulations tighten, industrial reels are recognized for preventing tangling, reducing wear, and enhancing workplace safety. The growing infrastructure development and the expansion of renewable energy projects contribute to an unprecedented demand for reliable energy and robust transmission systems. The use of industrial reels enhances equipment mobility and simplifies maintenance, further fueling market growth.
Steel segment to hold largest market share during forecast period
The steel segment is expected to dominate the industrial reels market due to its superior strength and durability, making it ideal for demanding applications in sectors such as oil & gas, construction, and transport. Steel reels exhibit exceptional load-bearing capacities and withstand extreme temperatures and challenging environmental conditions both indoors and outdoors. The introduction of modern corrosion-resistant materials like galvanized and stainless steel also supports market growth as they offer greater tensile strength, longevity, and cost efficiency compared to lighter alternatives like aluminum and plastic.
Construction & infrastructure segment to grow at highest CAGR
This segment is forecasted to grow rapidly during the period due to increasing global investments aimed at urban development, enhanced transportation systems, and advancing energy projects. Industrial reels are essential on construction sites for managing electrical cables, hoses, and fluids and for operations like welding, fueling, lubrication, and tooling. Reels also improve health and safety standards, reduce downtime, and maximize efficiency. As governments fund megaprojects, the demand for stronger and more flexible reels will lead to significant market expansion.
China to dominate industrial reels market in Asia Pacific
China is poised to lead in the Asia Pacific market for industrial reels, driven by its push towards manufacturing, modernization, and automation. Initiatives such as Made in China 2025 and investments in advanced machinery stimulate the demand for power, fluid, and cable management reels. Government fiscal and digitalization policies further advocate the use of smart manufacturing systems, positioning industrial reels as integral to optimizing efficiency and safety. China's manufacturing prowess, combined with a focus on infrastructure development and green technologies, cements its role as a key growth engine in the region.
Reasons to Buy This Report
- Analysis of key drivers, restraints, opportunities, and challenges influencing market growth
- Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and new product launches
- Market Development: Comprehensive details about lucrative markets across varied regions
- Market Diversification: Information on new products, services, untapped geographies, and investments
- Competitive Assessment: Detailed growth strategies and service offerings of leading market players
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 170 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $0.5 Billion |
| Forecasted Market Value (USD) by 2030 | $0.62 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Growth in Construction and Infrastructure Projects
- Increasing Investments in Microgrid Projects
Restraints
- High Initial Costs and Maintenance Expenses
Opportunities
- Rise of EV Charging Infrastructure
- Rising Demand for Fire Safety and Emergency Response Equipment
Challenges
- Corrosion Challenges in Harsh Environments
Company Profiles
- Hannay Reels Inc.
- Reelcraft Industries
- Cavotec SA
- Coxreels
- Nederman Holding Ab
- United Equipment Accessories, Inc.
- Cejn Ab
- Hubbell
- Winkel GmbH
- Sankyo Reels, Inc.
- The Ericson Manufacturing Co.
- Conductix-Wampfler GmbH
- Paul Vahle GmbH & Co. KG
- Molex
- Hartmann & Konig Stromzufuhrungs AG
- Zeca S.P.A.
- Gartec Ltd.
- Demac S.R.L.
- Raasm S.P.A.
- Princetel, Inc.
- Hose Tech USA
- Duro Manufacturing, LLC, LLC
- Reeltec
- Unique Welding & Fabricating Limited
- Schneider Electric
For more information about this report visit https://www.researchandmarkets.com/r/8d5pqz
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