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Yahoo
30-05-2025
- Business
- Yahoo
Industrial Reels Market Report 2025 - Global Forecast to 2030: Steel Reels Set to Dominate in Durability and Load-Bearing Capacity
The global industrial reels market is forecasted to grow from USD 0.50 billion in 2025 to USD 0.62 billion by 2030, at a CAGR of 4.4%, driven by increased demand for efficient cable, hose, and wire management across industries like construction, transportation, and manufacturing. Steel reels dominate this market due to strength, durability, and cost-efficiency. The construction segment is expected to grow fastest, propelled by urban development and energy projects. China leads the Asia Pacific market, backed by manufacturing advancements and digitization. Major players include Hannay Reels Inc., Reelcraft Industries, and Coxreels. The report offers a competitive analysis and insights on market dynamics, opportunities, and challenges. Industrial Reels Market 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 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 About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Industrial Reels Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
20-05-2025
- Business
- Associated Press
Velcro Alternative with Lower Cost - Grizzly Supply Expands Product Line with Launch of Hook and Loop Cable Management
Built to organize everything from garages to construction sites—Grizzly Supply adds 40 hook and loop products targeting DIYers and Professional Tradesmen 'Every task has a tool that is best suited to accomplish it. We want to make sure that we offer that tool, whether it's cable ties, hook and loop, or something else.'— Callahan Hinckley, Director of Retail at Grizzly Supply BRUNSWICK, OH, UNITED STATES, May 20, 2025 / / -- Grizzly Supply, a new brand aiming to redefine the cable management category, is proud to announce the launch of its all-new Hook and Loop Cable Management Line. While most well-known for their cable ties, Grizzly Supply's new product line focuses on hook and loop straps and material. This product expansion includes 40 brand-new SKUs designed to help professionals, DIYers, gamers, and organizers keep their spaces secure and organized. The new lineup includes 40 products across 9 product types: Hook and Loop Cinch Straps: Strong nylon straps featuring a buckle for securely tightening down cords, wires, or other bundles. Hook and Loop Storage Straps: Durable straps designed with a grommet for conveniently bundling and hanging bulky items like hoses, ropes, and cords. Hook and Loop Stretch Straps: Elastic straps equipped with a buckle that stretch to tightly compress and secure various items in your garage, workshop, or vehicle. Hook and Loop Carry Straps: Durable straps with a handle to secure awkward items, making them easier to lift and transport. Hook and Loop Cable Ties: Reusable ties perfect for neatly organizing and managing computer cables, charging cords, and audio/visual wires. Hook and Loop Continuous Rolls: Bulk hook and loop material supplied in a roll, allowing you to cut custom lengths for various fastening needs. Hook and Loop Bundle Straps: Simple straps used for quickly grouping and securing multiple items together. Adhesive Hook and Loop: Fastening strips featuring a strong adhesive backing for mounting or attaching items to surfaces. Cable Labels: Color-coded tags designed specifically for easy identification and labeling of different cables and wires. Grizzly Supply recognizes the importance of offering more than just cable ties or zip ties. 'We believe great cable management goes beyond just cable ties,' said Callahan Hinckley, Director of Retail at Grizzly Supply. 'Every task has a tool that is best suited to accomplish it. We want to make sure that we offer that tool, whether it's cable ties, hook and loop, or something else.' Hook and loop is a fastening system consisting of two distinct fabric components: one featuring tiny hooks and the other small loops. When pressed together, these components interlock to create a secure yet easily separable bond. While 'hook and loop' serves as the generic technical term, this technology is most widely recognized under the Velcro brand name. Grizzly Supply developed these hook and loop products with a focus on quality, ensuring suitability for everyday consumers, DIY enthusiasts, and professional tradesmen. These solutions are intended for diverse organizational tasks in settings ranging from homes and garages to workshops and professional job sites. Common applications include managing cabling for server racks and AV equipment, alongside general organization within workshops and office spaces, providing reliable fastening across a wide variety of environments. 'Once you try these products you have to have them,' said Callahan Hinckley. 'I carry cinch straps around in my bag everywhere I go. I have one wrapped around my laptop charger for the cord. I keep stretch straps in the trunk of my car. They become necessities of everyday life.' With this expansion, Grizzly Supply continues to expand into new segments of the organization and electrical accessories space. Grizzly Supply says these products were developed in response to customer demand for solutions in scenarios where traditional cable ties aren't the best fit—aiming to offer more flexibility, reusability, and ease of use. Grizzly Supply products can be found at leading retailers such as Micro Center, Crutchfield, B&H Photo Video, Adorama, Amazon, as well as Cable Ties Unlimited. Callahan Hinckley Grizzly Supply +1 440-638-9424 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
