Global Hoist Market is projected to grow at approximately 3.6% CAGR by 2023

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.

The worldwide market for Hoist is expected to grow at a CAGR of roughly 3.6% over the next five years, will reach 4010 million US$ in 2023, from 3240 million US$ in 2017, according to a Market.Biz study.

Report Details: https://market.biz/report/global-hoist-market-gir/25863/

Scope of the Report:
This report focuses on the Hoist in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.

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Market Segment by Manufacturers, this report covers
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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists

Market Segment by Applications, can be divided into
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others

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There are 15 Chapters to deeply display the global Hoist market.
Chapter 1, to describe Hoist Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Hoist, with sales, revenue, and price of Hoist, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Hoist, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Hoist market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Hoist sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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This release was published on openPR.