The global industrial reels market is projected to grow from USD 0.50 billion in 2025 to USD 0.62 billion by 2030, at a CAGR of 4.4%. Growth is driven by rising automation, infrastructure expansion, and the need for efficient cable and hose management in construction, utilities, oil & gas, and transportation sectors. Industrial reels improve safety, reduce downtime, and extend equipment life. The shift toward smart manufacturing and renewable energy also boosts demand for advanced reel solutions that enable efficient power and fluid transfer.
Key players in the global industrial reels market include Hannay Reels (US), Reelcraft Industries (US), Coxreels (US), Nederman Holding (Sweden), Cavotec SA (Switzerland), United Equipment Accessories (US), Cejn AB (Sweden), Hubbell (US), and Winkel GmbH (Germany). These companies offer reel solutions for power distribution, fluid transfer, and cable management across demanding environments. They focus on product launches, collaborations, expansions, and acquisitions to strengthen their market position. Many also integrate advanced features such as automation compatibility, corrosion resistance, and ergonomic designs to improve performance and safety.
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Major Industrial Reels Companies Include:
In November 2024, Cavotec Hong Kong Limited, a subsidiary of Cavotec SA, entered into a strategic cooperation agreement with Shanghai Zhenhua Heavy Industries Company Limited to enhance global collaboration in advancing port infrastructure. This partnership focuses on leveraging Cavotec's motorised cable reel technology to drive automation and electrification in crane operations, boosting efficiency and reducing environmental impact in ports worldwide.
In March 2023, Hanny Reels Inc. introduced the MS-1000 Spray Series, a lightweight manual reel for pressure washing, washdown, and spray applications. Built on the 1000 Series, it features an optimized footprint with internal mounting holes and a shorter crank handle for easy access in tight spaces.
Hannay Reels Inc. is a leading manufacturer of durable, custom-engineered hose and cable reels for OEM and aftermarket markets. The company offers solutions for air, water, lubrication, hydraulic fluid, welding, and more, serving industries such as agriculture, aviation, construction, fire/rescue, fuel delivery, and utilities. Its portfolio includes specialized reels for petroleum delivery, power washing, aviation refueling, and marine use. With pre-installed reel packages and a strong global distribution network—including dealers in Europe, Asia Pacific, and Latin America—Hannay Reels supports diverse industrial and commercial applications worldwide.
WINKEL GmbH is a leading manufacturer of industrial reels designed for heavy-duty applications. Its product range includes multi-port hose reels (up to six ports) and cable reels in various configurations, such as two- to four-port models, with manual winding options such as WE 500 and WE 700. Engineered for demanding environments, these reels enhance cable and hose management, improve safety, and minimize downtime. Widely used in material handling and automation systems, WINKEL’s reels are known for their robust construction and adaptability. With reliable, customized solutions, the company serves global markets, including Germany, Italy, Spain, and the US..
Market Ranking
The industrial reels market is experiencing robust growth, driven by key players such as Hannay Reels, Reelcraft Industries, Coxreels, Nederman Holding AB, and Winkel GmbH. These companies offer a broad range of high-performance hose and cable reels for construction, aviation, fuel delivery, lubrication, welding, and material handling applications. Hannay and Reelcraft focus on heavy-duty sectors, Coxreels on compact solutions, Nederman on workplace safety and air quality, and Winkel on heavy-load systems with manual and automatic winding options. Additionally, niche players address specialized marine, firefighting, airport support, and chemical handling needs, further diversifying the market.
Related Reports:
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
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