Market Overview:
The global double hook 300t market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for double hooks in various end-use industries, such as shipbuilding, automobile industry, aerospace and others. Additionally, the growing awareness about safety and security is also propelling the demand for double hooks across different regions. Based on type, the electric winch type segment is estimated to account for a major share of the global double hook 300t market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The overhead segment is expected to be second largest contributor in terms of revenue share by 2030 end and register a CAGR of 4%.
Product Definition:
A double hook 300t is a type of industrial crane that has two arms, each with a single hook. It is used to move heavy objects around in a factory or other industrial setting.
Electric Winch Type:
The electric winch type is a mechanical device used to remove and lower loads from high places. It's major applications are in construction, mining, forestry and other similar industries.
Overhead:
Overhead is the part of a double hook 300t that extends over the top of both pulleys. It's used to increase the tension on a piece or elastic for more leverage when lifting or lowering it. Overhead systems are widely used in warehouse and industrial applications where heavy loads are often lifted using two parallel overhead arms with wheels at each end.
The main advantage offered by overhead systems is their ability to lift heavier weights with greater ease.
Application Insights:
The shipbuilding industry was the largest application segment in the global double hook 300t market, accounting for over 50% of the overall revenue share in 2017. The demand is expected to be fueled by an increase in offshore oil exploration activities and production as well as domestic and foreign trade that requires large capacity ships.
The automotive industry is also anticipated to witness significant growth owing to increasing production of commercial vehicles and passenger cars across various regions including Asia Pacific, North America, and Europe. Furthermore, stringent government regulations on reducing vehicular pollution will further boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global double hook 300t market in 2017. The region is expected to continue its dominance over the next eight years. This can be attributed to increasing shipbuilding activities in economies such as China, India, and Japan. In addition, rising automotive production and construction spending are also likely to drive demand for these products across Asia Pacific during the forecast period.
The Europe market is anticipated to grow at a significant rate over the forecast period owing to increasing investments in infrastructure development along with other commercial projects such as shopping malls and sports complexes by various companies including Novotel Hotels & Resorts; Carrefour S.A.; Abertis Infrastructuras S.A.; Colgate-Palmolive Co.; BMW Group; Volkswagen Group; etc., which will boost product demand across this region during the estimated time span from 2018 to 2030 (8 years).
Growth Factors:
- Increasing demand from the construction and infrastructure sectors as a result of rapid urbanization and industrialization in developing countries.
- Growing popularity of double hook cranes among end-users due to their high lifting capacity, versatility, and easy maneuverability.
- Proliferation of rental services for double hook cranes that is making these machines more accessible to small and medium-sized businesses.
- Development of innovative technologies such as remotely operated double hook cranes that are helping improve safety and efficiency in the workplace.
- Expansion of global trade resulting in an increase in demand for heavy-duty transportation solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Hook 300t Market Research Report
By Type
Electric Winch Type, Overhead, Others
By Application
Shipbuilding, Automobile Industry, Aerospace, Others
By Companies
The Crosby Group, Avant Display Ab, Irizar Forge, Selby Engineering And Lifting Safety Ltd, Henan Feima Lifting Machinery, Nucleon(xinxiang)crane, Henan Seven Industry, Shandong Kaiyuan Heavy Machinery, Shandong Shenzhou Machinery, Tutt Bryant, The Crosby Group
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Double Hook 300t Market Report Segments:
The global Double Hook 300t market is segmented on the basis of:
Types
Electric Winch Type, Overhead, Others
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
Shipbuilding, Automobile Industry, Aerospace, 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:
- The Crosby Group
- Avant Display Ab
- Irizar Forge
- Selby Engineering And Lifting Safety Ltd
- Henan Feima Lifting Machinery
- Nucleon(xinxiang)crane
- Henan Seven Industry
- Shandong Kaiyuan Heavy Machinery
- Shandong Shenzhou Machinery
- Tutt Bryant
- The Crosby Group
Highlights of The Double Hook 300t 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:
- Electric Winch Type
- Overhead
- Others
- By Application:
- Shipbuilding
- Automobile Industry
- Aerospace
- 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 Double Hook 300t 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
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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?
Double Hook 300t is a heavy-duty, high-capacity industrial tow truck manufactured by Volvo. It has a towing capacity of up to 3,000 kg and can be used for moving large objects or vehicles.
Some of the key players operating in the double hook 300t market are The Crosby Group, Avant Display Ab, Irizar Forge, Selby Engineering And Lifting Safety Ltd, Henan Feima Lifting Machinery, Nucleon(xinxiang)crane, Henan Seven Industry, Shandong Kaiyuan Heavy Machinery, Shandong Shenzhou Machinery, Tutt Bryant, The Crosby Group.
The double hook 300t market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Double Hook 300t Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Double Hook 300t Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Double Hook 300t Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Double Hook 300t Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Double Hook 300t Market Size & Forecast, 2018-2028 4.5.1 Double Hook 300t Market Size and Y-o-Y Growth 4.5.2 Double Hook 300t Market Absolute $ Opportunity
Chapter 5 Global Double Hook 300t Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Double Hook 300t Market Size Forecast by Type
5.2.1 Electric Winch Type
5.2.2 Overhead
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Double Hook 300t Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Double Hook 300t Market Size Forecast by Applications
6.2.1 Shipbuilding
6.2.2 Automobile Industry
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Double Hook 300t Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Double Hook 300t Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Double Hook 300t Analysis and Forecast
9.1 Introduction
9.2 North America Double Hook 300t Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Double Hook 300t Market Size Forecast by Type
9.6.1 Electric Winch Type
9.6.2 Overhead
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Double Hook 300t Market Size Forecast by Applications
9.10.1 Shipbuilding
9.10.2 Automobile Industry
9.10.3 Aerospace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Double Hook 300t Analysis and Forecast
10.1 Introduction
10.2 Europe Double Hook 300t Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Double Hook 300t Market Size Forecast by Type
10.6.1 Electric Winch Type
10.6.2 Overhead
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Double Hook 300t Market Size Forecast by Applications
10.10.1 Shipbuilding
10.10.2 Automobile Industry
10.10.3 Aerospace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Double Hook 300t Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Double Hook 300t Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Double Hook 300t Market Size Forecast by Type
11.6.1 Electric Winch Type
11.6.2 Overhead
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Double Hook 300t Market Size Forecast by Applications
11.10.1 Shipbuilding
11.10.2 Automobile Industry
11.10.3 Aerospace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Double Hook 300t Analysis and Forecast
12.1 Introduction
12.2 Latin America Double Hook 300t Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Double Hook 300t Market Size Forecast by Type
12.6.1 Electric Winch Type
12.6.2 Overhead
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Double Hook 300t Market Size Forecast by Applications
12.10.1 Shipbuilding
12.10.2 Automobile Industry
12.10.3 Aerospace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Double Hook 300t Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Double Hook 300t Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Double Hook 300t Market Size Forecast by Type
13.6.1 Electric Winch Type
13.6.2 Overhead
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Double Hook 300t Market Size Forecast by Applications
13.10.1 Shipbuilding
13.10.2 Automobile Industry
13.10.3 Aerospace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Double Hook 300t Market: Competitive Dashboard
14.2 Global Double Hook 300t Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Crosby Group
14.3.2 Avant Display Ab
14.3.3 Irizar Forge
14.3.4 Selby Engineering And Lifting Safety Ltd
14.3.5 Henan Feima Lifting Machinery
14.3.6 Nucleon(xinxiang)crane
14.3.7 Henan Seven Industry
14.3.8 Shandong Kaiyuan Heavy Machinery
14.3.9 Shandong Shenzhou Machinery
14.3.10 Tutt Bryant
14.3.11 The Crosby Group