Market Overview:
The global air chain hoists market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air chain hoists in various applications, such as oil & gas, general industry, construction, mining & excavating operation, and others. Additionally, the growing industrialization and urbanization are also contributing to the growth of this market.
Product Definition:
Air Chain Hoists are devices that use air pressure to raise and lower loads. They are often used in factories and other industrial settings where there is a need to move heavy objects. Air Chain Hoists can be very important for lifting and moving heavy objects, as they can provide a more efficient way to do so than using manual labor alone.
Light Duty:
Light duty air chain hoists are used in various applications such as warehouses, manufacturing facilities, construction sites and other heavy-duty operations. They are also known as small portable or lightweight air chain hoist. It is a powered mechanism used to lift materials or objects that can be moved up and down by a person working alone or in combination with others. The weight of the material being lifted does not exceed 250 pounds (113 kg).
Medium Duty:
Medium duty air chain hoists are used in various applications such as material handling, construction, agriculture and mining. They are also known as truck-mounted or mounted air hoist. These equipment can be used for lifting objects that weight up to 12000 pounds with a load capacity of 1000 pounds on each of the four corners of the platform.
Application Insights:
The oil & gas application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The general industry application segment also had a significant market share in 2017, owing to increasing demand for air chain hoists from various industries including chemical, petrochemical and energy among others.
Construction was another major application sector that accounted for significant market share in 2017 due to rapid industrialization and urbanization resulting in an increased need for construction equipment such as excavators, loaders & compactors along with other machines such as cranes and bulldozers among other heavy-duty machinery used on daily basis across various sectors such as residential, commercial buildings & infrastructure development. Furthermore, growing urbanization along with rising disposable income has resulted into an increased number of housing projects which further increases the requirement of construction equipment including air chain hoists across different regions globally.
Regional Analysis:
North America dominated the global air chain hoists market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing demand for oil and gas across various regions including North America and Asia Pacific. In addition, growing construction industry in countries such as U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization coupled with increasing infrastructure development activities in emerging economies such as China and India are some of factors that can be attributed for regional growth rate increase from 3%to 4%. Moreover, rising number of manufacturing facilities by companies like BMW Group; Siemens AG; Volkswagen Group; Sony Corporation; Honda Motor Co.; Mazda Motor Corp.
Growth Factors:
- Increasing demand from the construction and manufacturing industries for air chain hoists as they are portable and easy to use.
- Growing popularity of air chain hoists among small businesses due to their low cost and easy installation.
- Rising demand for air chain hoists in the automotive industry as they are used for lifting heavy parts during assembly and repair work.
- Increasing adoption of air chain hoists in the mining industry as they can be used to lift ore, rocks, and other materials easily and quickly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Chain Hoists Market Research Report
By Type
Light Duty, Medium Duty, Heavy Duty
By Application
Oil & Gas, General Industry, Construction, Mining & Excavating Operation, Others
By Companies
Columbus McKinnon, KITO, JD Neuhaus, Ingersoll Rand, Toku, Atlas Copco, KHC, Endo-kogyo, Chengday, Shanghai yiying, Shanyan, PLANETA Hebetechnik, Changzhou Meiseng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Air Chain Hoists Market Report Segments:
The global Air Chain Hoists market is segmented on the basis of:
Types
Light Duty, Medium Duty, Heavy Duty
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, General Industry, Construction, Mining & Excavating Operation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Columbus McKinnon
- KITO
- JD Neuhaus
- Ingersoll Rand
- Toku
- Atlas Copco
- KHC
- Endo-kogyo
- Chengday
- Shanghai yiying
- Shanyan
- PLANETA Hebetechnik
- Changzhou Meiseng
Highlights of The Air Chain Hoists Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Duty
- Medium Duty
- Heavy Duty
- By Application:
- Oil & Gas
- General Industry
- Construction
- Mining & Excavating Operation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Chain Hoists Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Air chain hoists are a type of industrial lift that use compressed air to move loads. They are often used in factories and other industrial settings, where they can be more efficient than traditional lifts.
Some of the key players operating in the air chain hoists market are Columbus McKinnon, KITO, JD Neuhaus, Ingersoll Rand, Toku, Atlas Copco, KHC, Endo-kogyo, Chengday, Shanghai yiying, Shanyan, PLANETA Hebetechnik, Changzhou Meiseng.
The air chain hoists market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Air Chain Hoists Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Air Chain Hoists Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Air Chain Hoists Market - Supply Chain
4.5. Global Air Chain Hoists Market Forecast
4.5.1. Air Chain Hoists Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Air Chain Hoists Market Size (000 Units) and Y-o-Y Growth
4.5.3. Air Chain Hoists Market Absolute $ Opportunity
5. Global Air Chain Hoists Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Air Chain Hoists Market Size and Volume Forecast by Type
5.3.1. Light Duty
5.3.2. Medium Duty
5.3.3. Heavy Duty
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Air Chain Hoists Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Air Chain Hoists Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. General Industry
6.3.3. Construction
6.3.4. Mining & Excavating Operation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Air Chain Hoists Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Air Chain Hoists Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Air Chain Hoists Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Air Chain Hoists Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Air Chain Hoists Demand Share Forecast, 2019-2026
9. North America Air Chain Hoists Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Air Chain Hoists Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Air Chain Hoists Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. General Industry
9.4.3. Construction
9.4.4. Mining & Excavating Operation
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Air Chain Hoists Market Size and Volume Forecast by Type
9.7.1. Light Duty
9.7.2. Medium Duty
9.7.3. Heavy Duty
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Air Chain Hoists Demand Share Forecast, 2019-2026
10. Latin America Air Chain Hoists Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Air Chain Hoists Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Air Chain Hoists Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. General Industry
10.4.3. Construction
10.4.4. Mining & Excavating Operation
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Air Chain Hoists Market Size and Volume Forecast by Type
10.7.1. Light Duty
10.7.2. Medium Duty
10.7.3. Heavy Duty
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Air Chain Hoists Demand Share Forecast, 2019-2026
11. Europe Air Chain Hoists Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Air Chain Hoists Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Air Chain Hoists Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. General Industry
11.4.3. Construction
11.4.4. Mining & Excavating Operation
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Air Chain Hoists Market Size and Volume Forecast by Type
11.7.1. Light Duty
11.7.2. Medium Duty
11.7.3. Heavy Duty
11.8. Basis Point Share (BPS) Analysis by Tye
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Air Chain Hoists Demand Share, 2019-2026
12. Asia Pacific Air Chain Hoists Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Air Chain Hoists Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Air Chain Hoists Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. General Industry
12.4.3. Construction
12.4.4. Mining & Excavating Operation
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Air Chain Hoists Market Size and Volume Forecast by Type
12.7.1. Light Duty
12.7.2. Medium Duty
12.7.3. Heavy Duty
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Air Chain Hoists Demand Share, 2019-2026
13. Middle East & Africa Air Chain Hoists Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Air Chain Hoists Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Air Chain Hoists Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. General Industry
13.4.3. Construction
13.4.4. Mining & Excavating Operation
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Air Chain Hoists Market Size and Volume Forecast by Type
13.7.1. Light Duty
13.7.2. Medium Duty
13.7.3. Heavy Duty
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Air Chain Hoists Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Air Chain Hoists Market: Market Share Analysis
14.2. Air Chain Hoists Distributors and Customers
14.3. Air Chain Hoists Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Columbus McKinnon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. KITO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JD Neuhaus
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ingersoll Rand
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toku
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlas Copco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KHC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Endo-kogyo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chengday
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai yiying
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanyan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PLANETA Hebetechnik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changzhou Meiseng
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
