A hoist is a mechanical device for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload.
The cranes market for hydraulic cranes by operations held the largest market share in 2017. Hydraulic cranes are widely used for hoisting and moving heavy materials in shipyards, warehouses, and industrial workshops. Moreover, hydraulic cranes are used in transport, manufacturing, and construction industries. The retraction length of hydraulic cylinders is 20–40% of the fully extended length.
The market for wire rope hoists held the largest market share in 2017. Wire rope medium changes according to the load capacity of the hoists, and these hoists are powered electrically or pneumatically, and are mounted overhead on the bridge beam with the help of a trolley. Wire ropes are widely used in the production environment because they offer fast lifting time. They are normally used to lift objects weighing below 10 tons.
The cranes market in Asia Pacific held the largest market share in 2017. Asia Pacific being the most rapidly growing market offers a huge opportunity for agricultural equipment manufacturers owing to the enormous development in the farm machinery segment. This is driven by the increased demand for the mechanization of farms to address the needs of the growing population. Several governments provide support to increase the productivity in the agriculture sector through the automation of farming methods. India and China are the major markets for cranes in Asia Pacific. Moreover, the rapid development of industries such as construction, agriculture, infrastructure, and mining drives the market for cranes in India and Australia.
In 2019, the market size of Crane and Hoists is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Crane and Hoists.
This report studies the global market size of Crane and Hoists, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Crane and Hoists production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
TOYO
Imer International
DAESAN
Endo Kogyo
Shanghai Yiying
Xi'an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
DL Heavy
Mode
Cheng Day
Market Segment by Product Type
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists
Market Segment by Application
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Crane and Hoists status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Crane and Hoists manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Crane and Hoists are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Crane and Hoists. Industry analysis & Market Report on Crane and Hoists is a syndicated market report, published as Global (United States, European Union and China) Crane and Hoists Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Crane and Hoists market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.