Global demand for handling and lifting equipment is forecast to expand 3.8% p.a. between 2014 and 2018. China, Ecuador, Germany, South Korea and the United States are considered the highest potential markets in the coming years.
Lewes, DE -- (SBWIRE) -- 12/17/2014 -- According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global handling and lifting equipment industry is forecast to reach 3.8% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 4.6%. Currently, lifting frames, derricks and cranes account for 18.2% of the global demand while the remaining market share is divided between forklift trucks and other work trucks (17.9%), continuous-action conveyors and elevators for goods (10.6%), winches, hoists, jacks, capstans and pulley tackle (10.2%), lifts and skip hoists (6.1%), moving walkways and escalators (1.6%), pneumatic conveyors and elevators (1.1%), other handling and lifting equipment (11.6%) and parts of handling and lifting equipment (22.9%).
China, Germany, Japan, South Korea and the United States represent the largest handling and lifting equipment markets while the strongest annual growth is forecast to occur in United States (11.4%), Ecuador (10.5%), Philippines (7.9%), Thailand (7.8%) and Malaysia (6.6%).
The information is extracted from a recently published reports: Global Handling and Lifting Equipment Market Reports
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential handling and lifting equipment markets in the coming years. (See the table image)
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for handling and lifting equipment in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam.
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
The latest market data for this research include:
- Overall handling and lifting equipment market size, 2007-2018
- Handling and lifting equipment market size by product segment, 2007-2018
- Growth rates of the overall handling and lifting equipment market and different product segments, 2007-2018
- Shares of different product segments of the overall handling and lifting equipment market, 2007, 2013 and 2018
- Market Potential Rates of the overall handling and lifting equipment market and different product segments
The product segments discussed in the reports include:
- Bridge and transporter cranes
- Cranes for mounting on road vehicles
- Overhead travelling cranes on fixed support
- Pedestal and portal jib cranes
- Straddle carriers and mobile lifting frames on tyres
- Tower cranes
- Other lifting frames, derricks and cranes
- Electric forklift trucks and trucks with handling or lifting equipment
- Other forklift trucks and trucks with handling or lifting equipment
- Other electric work trucks used in warehouses, factories, airports and dock areas
- Other work trucks used in warehouses, factories, airports and dock areas
- Chair-lifts, ski-lifts and teleferiques
- Continuous-action conveyors and elevators for goods
- Lifts and skip hoists
- Moving walkways and escalators
- Pneumatic conveyors and elevators
- Winches, hoists, jacks, capstans and pulley tackle
- Other handling and lifting equipment
- Parts of handling and lifting equipment
The report s help answering the following questions:
- What is the current size of the handling and lifting equipment market in the world and in different countries?
- How is the handling and lifting equipment market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
The information is extracted from a recently published reports: Global Handling and Lifting Equipment Market Reports
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