Market Overview:
The global electric traction hoists market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the electric traction hoists market can be attributed to the increasing demand for electric traction hoists from various end-use industries, such as logistics transportation industry, retail industry, construction industry, and others. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of the global electric traction hoists market.
Product Definition:
Electric Traction Hoists are devices used to lift heavy objects by attaching a cable to the object and then using a motor to pull the cable. Electric Traction Hoists are important because they allow people to easily move heavy objects without having to use manual labor.
Portable Type:
Portable traction hoists are used to lift and transport heavy loads over short distances. They are mainly used in construction, mining, manufacturing and other industrial applications. The global market for portable traction hoists is expected to witness significant growth owing to the increasing demand for electric traction hoist across various industries including automotive & transportation, manufacturing and construction among others.
Fixed Type:
Fixed type traction hoist is a machine used to move material in vertical or horizontal direction using mechanical advantage. It has rigidly mounted wheels or tracks which are used to carry out loading and unloading operations.
Single-arm Type Traction Hoist: Single-arm type traction hoists are widely utilized for small scale applications such as warehouse moving, exhibit handling, maintenance work, etc.
Application Insights:
The logistics transportation industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to the increasing demand for efficient and effective ways of moving goods from source to destination. Electric traction hoists are widely used in warehouses, distribution centers, marine terminals, rail yards, and air terminals among others as they offer easy movement of heavy loads with a very low energy consumption rate.
The construction industry is also expected to register a notable CAGR during the forecast period owing to an increase in industrialization activities across developing countries such as India China Indonesia Malaysia Philippines Thailand Africa Brazil Argentina etcetera which are likely provide new avenues for electric traction hoist manufacturers over the next few years.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and others. Increasing industrialization coupled with rapid urbanization has resulted in an increased demand for transportation facilities across this region. This factor is anticipated to boost traction hoists across this region during the forecast period.
The North America electric traction hoist market was valued at USD X million in 2017 owing to increasing construction activities along with growing logistics industry that requires efficient transportation facilities for effective delivery of goods within and outside U.S., which will further propel growth over the projected period from 2018 to 2030 (estimated value).
Growth Factors:
- Increasing demand for electric traction hoists in the automotive and aerospace industries due to their high performance and efficiency.
- Growing popularity of electric traction hoists among small and medium-sized businesses due to their low cost of ownership and easy installation.
- Rising demand for electric traction hoists in construction, mining, and other industrial applications owing to their superior lifting capacity and speed.
- Technological advancements in electric traction hoist design that improve safety, reliability, and efficiency of these devices.
- Growing awareness about the benefits of using electric traction hoists among end users across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Traction Hoists Market Research Report
By Type
Portable Type, Fixed Type
By Application
Logistics Transportation Industry, Retail Industry, Construction Industry, Others
By Companies
NIHON BISOH, Fixator, Columbus McKinnon (CM), Power Climber, Sky Man, Verlinde, Lisbon Hoist
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Electric Traction Hoists Market Report Segments:
The global Electric Traction Hoists market is segmented on the basis of:
Types
Portable Type, Fixed Type
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
Logistics Transportation Industry, Retail Industry, Construction Industry, 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:
- NIHON BISOH
- Fixator
- Columbus McKinnon (CM)
- Power Climber
- Sky Man
- Verlinde
- Lisbon Hoist
Highlights of The Electric Traction 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:
- Portable Type
- Fixed Type
- By Application:
- Logistics Transportation Industry
- Retail Industry
- Construction Industry
- 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 Electric Traction 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?
Electric traction hoists are machines that use electric motors to move loads. They are used in a variety of industries, including construction, manufacturing, and agriculture.
Some of the key players operating in the electric traction hoists market are NIHON BISOH, Fixator, Columbus McKinnon (CM), Power Climber, Sky Man, Verlinde, Lisbon Hoist.
The electric traction hoists market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Traction 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. Electric Traction Hoists Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Traction Hoists Market - Supply Chain
4.5. Global Electric Traction Hoists Market Forecast
4.5.1. Electric Traction Hoists Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Traction Hoists Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Traction Hoists Market Absolute $ Opportunity
5. Global Electric Traction 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. Electric Traction Hoists Market Size and Volume Forecast by Type
5.3.1. Portable Type
5.3.2. Fixed Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Traction 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. Electric Traction Hoists Market Size and Volume Forecast by Application
6.3.1. Logistics Transportation Industry
6.3.2. Retail Industry
6.3.3. Construction Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Traction 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. Electric Traction 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 Electric Traction 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. Electric Traction 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 Electric Traction Hoists Demand Share Forecast, 2019-2026
9. North America Electric Traction 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 Electric Traction 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 Electric Traction Hoists Market Size and Volume Forecast by Application
9.4.1. Logistics Transportation Industry
9.4.2. Retail Industry
9.4.3. Construction Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Traction Hoists Market Size and Volume Forecast by Type
9.7.1. Portable Type
9.7.2. Fixed Type
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 Electric Traction Hoists Demand Share Forecast, 2019-2026
10. Latin America Electric Traction 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 Electric Traction 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 Electric Traction Hoists Market Size and Volume Forecast by Application
10.4.1. Logistics Transportation Industry
10.4.2. Retail Industry
10.4.3. Construction Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Traction Hoists Market Size and Volume Forecast by Type
10.7.1. Portable Type
10.7.2. Fixed Type
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 Electric Traction Hoists Demand Share Forecast, 2019-2026
11. Europe Electric Traction 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 Electric Traction 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 Electric Traction Hoists Market Size and Volume Forecast by Application
11.4.1. Logistics Transportation Industry
11.4.2. Retail Industry
11.4.3. Construction Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Traction Hoists Market Size and Volume Forecast by Type
11.7.1. Portable Type
11.7.2. Fixed Type
11.8. Basis Point Share (BPS) Analysis by Type
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 Electric Traction Hoists Demand Share, 2019-2026
12. Asia Pacific Electric Traction 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 Electric Traction 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 Electric Traction Hoists Market Size and Volume Forecast by Application
12.4.1. Logistics Transportation Industry
12.4.2. Retail Industry
12.4.3. Construction Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Traction Hoists Market Size and Volume Forecast by Type
12.7.1. Portable Type
12.7.2. Fixed Type
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 Electric Traction Hoists Demand Share, 2019-2026
13. Middle East & Africa Electric Traction 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 Electric Traction 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 Electric Traction Hoists Market Size and Volume Forecast by Application
13.4.1. Logistics Transportation Industry
13.4.2. Retail Industry
13.4.3. Construction Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Traction Hoists Market Size and Volume Forecast by Type
13.7.1. Portable Type
13.7.2. Fixed Type
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 Electric Traction Hoists Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Traction Hoists Market: Market Share Analysis
14.2. Electric Traction Hoists Distributors and Customers
14.3. Electric Traction Hoists Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NIHON BISOH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fixator
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Columbus McKinnon (CM)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Power Climber
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sky Man
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Verlinde
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lisbon Hoist
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
