|07-12-2018 02:14 PM CET - Business, Economy, Finances, Banking & Insurance||
Hydraulic Hoist Market Key Information By Top Player Ingersoll-Rand plc, Columbus McKinnon, KITO Group, Harrington Hoists, Inc., JDN Group, Vital Chain Block, OZ Lifting Products
Press release from: Global Market Insigh, Inc
Hydraulic Hoist Market Forecast to 2025 released By Global Market Insights, Inc. provides Market information about industry Top Key Players, Countries, Type and Application. This Hydraulic Hoist Market report also states Company Profile, sales, Hydraulic Hoist Market revenue and price, market share, market growth and gross margin by regions, Strategic recommendations for the new entrants, Market forecasts for a minimum of five years of all the mentioned segments, sub segments and the regional markets.
Hydraulic Hoist Market size will exceed USD 417 million by 2025; according to a new research report by Global Market Insights, Inc. A hoist is material handling equipment used in various end-users like metal processing, chemical, automotive, etc. These hoists are used to transfer heavy weight objects and materials easily from one place to other. The hydraulic hoist market is expected to grow significantly over the coming years, due to the increasing product demand from various end-users including metal processing, chemicals, construction, etc.
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Increasing industrial activities globally, along with rising urbanization in the developing countries of Asia Pacific and the Middle East are creating a significant demand for hydraulic hoists over the past years, and this is expected to rise moderately till the end of the forecast period.
Major restraints include the competition from the electric hoists, coupled with the lack of technical expertise to operate the hydraulic hoists. Additionally, the requirement to service the hoists regularly will also show a negative impact on the growth of the global hydraulic hoist market over the forecast period.
Manual chain hydraulic hoist market will cross USD 370.0 million by the end of 2025, growing at a CAGR over 5.6% over the projected period. They provide very high load capacities, compared to lever hoists. Moreover, the hydraulic chain hoists are east to operate than lever hoists. These factors are responsible for the growth of manual chain hoists over the forecast period.
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0.5 – 20.0 tons load bearing capacity range of manual chain hoists will hold the highest share of the total manual chain hoist market and will cross USD 240.0 million by the end of 2025. 5.1 – 10.0 tons load bearing capacity range of hydraulic lever hoists will have the major chunk of global manual lever hoist market in 2017, and this will cross USD 35.0 million by 2025, at CAGR more than 5.3%.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Hydraulic hoist market 360° synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Load bearing capacity trends
2.1.3. Type by end-user trends
2.1.4. End-user trends
2.1.5. Regional trends
Chapter 3. Hydraulic Hoist Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
184.108.40.206. List of key manufacturers/suppliers
220.127.116.11. List of key/potential customers
3.4. Innovation & sustainability
3.4.1. Patent dashboard
3.4.2. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
18.104.22.168. Global drivers
22.214.171.124. Regional drivers
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.7. Growth potential analysis, manual chain hoists
3.8. Growth potential hoists, lever hoists
3.9. Price trends, hydraulic chain hoists
3.9.1. Cost structure analysis
126.96.36.199. R&D cost
188.8.131.52. Manufacturing & equipment cost
184.108.40.206. Raw material cost
220.127.116.11. Distribution cost
18.104.22.168. Operating cost
22.214.171.124. Miscellaneous cost
3.9.2. Average price, by load bearing capacity, 2014 – 2025
3.9.3. Average price, by end-user, 2014 – 2025
3.9.4. Average price, by region, 2014 – 2025
3.10. Price trends, hydraulic lever hoists
3.10.1. Cost structure analysis
126.96.36.199. R&D cost
188.8.131.52. Manufacturing & equipment cost
184.108.40.206. Raw material cost
220.127.116.11. Distribution cost
18.104.22.168. Operating cost
22.214.171.124. Miscellaneous cost
3.10.2. Average price, by load bearing capacity, 2014 – 2025
3.10.3. Average price, by end-user, 2014 – 2025
3.10.4. Average price, by region, 2014 – 2025
3.11. Competitive landscape, 2017
3.11.1. Company market share, 2017
3.11.2. Key stakeholders
3.11.3. Strategy dashboard
3.12. Porter's analysis
3.12.1. Supplier power
3.12.2. Buyer power
3.12.3. Threat of new entrants
3.12.4. Threat of substitutes
3.12.5. Industry rivalry
3.13. PESTEL analysis
The manual hoist market for metal processing will have the major part of the global hydraulic hoist market. It will cross USD 83.0 million by 2025, at a CAGR over 5.9% till the end of 2025. Robust growth indicators of construction & automotive industry have substantially propelled metal demand in the recent years, which shall subsequently boost industry growth by 2024
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Asia Pacific manual hoist market is expected to cross USD 140.0 million by the end of 2025, growing at a CAGR of over 5.9%. North America regional market has the second largest share of the global hydraulic hoist market, and it will cross USD 100.0 million by the end of 2025, at a CAGR over 5.4%.
Key companies in the global hydraulic hoist market are Ingersoll-Rand plc, Columbus McKinnon, KITO Group, Harrington Hoists, Inc., JDN Group, Vital Chain Block, OZ Lifting Products, Venus Engineers, Tractel, and Vulcan Compagnie de Palans Ltée.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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