Pune, India -- (SBWire) -- 11/07/2018 --Lifting equipment is a general term for any equipment that can be used to lift loads. In this report, the overall industrial lifting equipment market has been segmented on the basis of four lifting equipment forklift, aerial work platform, crane, and hoist.
In 2017, cranes held the largest share of the overall industrial lifting equipment market. Cranes are an integral part of the global material handling industry. The increasing demand for construction machinery in the construction industry and in the mining industry for ore extraction are driving the demand for cranes. The 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.
Asia Pacific is estimated to account for the largest share of the overall industrial lifting equipment market. However, the industrial lifting equipment market in Europe and North America is likely to witness substantial growth. Asia Pacific is the most lucrative market for cranes and hoists, owing to the significant investment being made for construction activities in the region. The rising need for infrastructure in developing economies such as India and China supplements the growth of the industrial lifting equipment market in this region.
In 2018, the market size of Industrial Lifting Equipment is 44400 million US$ and it will reach 59300 million US$ in 2025, growing at a CAGR of 3.7% from 2018; 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, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Lifting Equipment.
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This report studies the global market size of Industrial Lifting Equipment, 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 Industrial Lifting Equipment 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 2013 to 2018, 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 2013 to 2018.
In global market, the following companies are covered:
Toyota
Kion Group
Hyster-Yale Materials Handling
Jungheinrich
Liebherr
Cargotec
Terex
Konecranes
Manitowoc
Columbus Mckinnon
Kito
Ingersoll-Rand
Linamar
Oshkosh
Zoomlion
Tadano
Haulotte Group
Xuzhou Construction Machinery Group (XCMG)
Crown Equipment
Mammoet
Komatsu
Palfinger
Shanghai Zhenhua Heavy Industry (ZPMC)
Mitsubishi Logisnext
Market Segment by Product Type
Boom Lifts
Scissor Lifts
Market Segment by Application
Manufacturing
Wholesale & Retail Distribution
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)
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The study objectives are:
To analyze and research the Industrial Lifting Equipment 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 Industrial Lifting Equipment 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 Industrial Lifting Equipment are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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Industrial Lifting Equipment Market to Cross 59300 Million US$ in 2025: India and China Supplements the Growth
Global (United States, European Union and China) Industrial Lifting Equipment Market Research Report 2018-2025