Press release
South Korea Hoists market is valued at USD 90.25 million in 2018 and is expected to reach USD 113.31 million at a CAGR of 3.17% by 2025 - Valuates Reports
A hoist is a device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps. It may be manually operated, electrically or pneumatically driven and may use chain, fiber or wire rope as its lifting medium.In terms of volume, the South Korea consumption market sales volume was 187.1 K Units in 2018, with market share of 6.5% of Asia-Pacific Hoists market and it is predicted to reach 247.4 K Units in 2025, with a CAGR 4.41% from 2019 to 2025. The South Korea Hoists market is valued at USD 90.25 million in 2018 and is expected to reach USD 113.31 million by the end of 2025, growing at a CAGR of 3.17% between 2018 and 2025.
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The following South Korean companies are covered in this report, with sales, revenue, market share for each company:
DAESAN
KOREA HOIST
KUKDONG HOIST
SAMSUNG HOIST
LK Hoist & Crane
Daekyung
Hyundai Hoist
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The following International companies are covered in this report, with sales, revenue, market share for each company:
Kito
Columbus McKinnon
TRACTEL
Hitachi
KAWASAKI
Zhejiang Hand Hoist
Zhejiang Wuyi Machinery
TBM
Hoists market size by type:
Manual Hoists
Electric Hoists
Hydraulic Hoists
Air Hoists
Hoists market size by Applications:
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others
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