Global Hoist Industry is projected to reach 4180 Million US$ by 2025

This study focuses on the production side and consumption side of Hoist, presents the global Hoist market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Hoist capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Hoist by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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.

A basic hoist is defined by two chief characteristics. The first is the lifting medium, which may be a wire rope wrapped around a drum or a chain raised by a pulley. The second is the type of power utilized by the hoist. Common power-sources are hydraulics, electricity, air driven motors, and, in the case of a manual hoist, muscle power.

In the hoist market, high-end products are mainly produced by developed countries. China is the dominator of the middle and low end products. With its low price, hoist produced in China are popular around the world, especially in Southeast Asia, Africa, South America and the Middle East development countries and regions.

As the necessary industrial equipment, hoist can be used in every walk of life, including oil, petrochemical, petrol, oil depot, gas, chemical, military, electricity, mining, electronics, railway and other industries.

The global oil refinery market is expected to increase due to rising energy demand, evolving technology and new sources of the crude oil explored during the forecast period. And the oil refineries market is currently undergoing a significant reorientation, with demand moving away from the traditional strongholds of Europe and North America to other regions of the world. Growing demand from end-use industries around the world is expected to drive growth in the global petrochemical market over the next seven years. On the supply side, abundant raw material availability in the Middle East is expected to have a positive impact on growth of the petrochemical market. The shale gas boom in North America and rapidly expanding exploration & production activities in China are also likely to drive the global market.

The Hoist market was valued at 3240 Million US$ in 2017 and is projected to reach 4180 Million US$ by 2025, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hoist.

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This report includes the following manufacturers; we can also add the other companies as you want.

Columbus McKinnon

Kito

Terex

Konecranes

Ingersoll Rand

TRACTEL

PLANETA

Hitachi

KAWASAKI

J.D. Neuhaus

TOYO

ABUS

Imer International

VERLINDE

DAESAN

ABLE FORGE

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

Others

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