Market Overview:
The global hoist hooks 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 lifting and handling equipment in various industries such as manufacturing, construction, transportation, mining and excavating, oil and gas, among others. Additionally, the growing awareness about safety measures while working with heavy equipment is also contributing to the growth of this market. The global hoist hooks market can be segmented on the basis of type into single type, double type and others. On the basis of application, it can be classified into manufacturing sector; construction sector; transportation sector; mining and excavating sector; oil and gas sector among others. Region-wise it can be divided into North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific (China India Japan South Korea) Middle East & Africa(South Africa Saudi Arabia).
Product Definition:
Hoist hooks are a type of hook that are used for hoisting objects. They have a pointed end that is inserted into the object to be hoisted, and a loop at the other end for attaching the rope or chain. Hoist hooks are important because they allow objects to be lifted safely and efficiently.
Single Type:
Single type or single-arm hoist hook is a lifting device used to lift and lower heavy loads. It has one arm that is attached to the load and another arm for supporting the weight of the equipment being lifted. The term “single” in this context does not mean alone, but rather refers to a single arm hoist hook attached to two arms of a winch or cableway system.
Double Type:
Double type or double-ended hoist hook is a device used to lift and lower heavy loads at both ends of the lifting chain. It helps in reducing wear and tear on the machine as well as saves energy. The product also provides safety by limiting strain on chains, sprockets, and gearbox when lifting heavy loads.
Application Insights:
The manufacturing 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 growing industrialization across developing countries, such as China, India, and Brazil is expected to boost product demand in this segment. In addition, low cost labor rates offered by these countries has attracted numerous manufacturing companies from developed nations which will further propel industry growth over the next few years.
The construction sector was one of the prominent users of hoist hooks due to its increasing use across residential buildings and commercial structures such as shopping malls and hotels for moving heavy equipment up high on building sites is expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing construction and oil and gas industries in this region. The demand for industrial hoists is also increasing due to growing manufacturing industry in Asia Pacific, which will drive the market growth further. Moreover, rising number of infrastructure projects such as airports and sports stadiums across emerging economies of India, China, Indonesia are anticipated to boost product demand further.
The North America market was valued at USD X million in 2017 owing to high production volume attained by manufacturers during recent years coupled with well-established oilfield service industry operating across U.S., Canada, Venezuela & Brazil that caters major part of crude oil production worldwide drives product sales through various distribution channels including pipeline systems & storage tanks; refineries; offshore platforms; marine vessels etc., thereby driving adoption among other industries for handling heavy loads efficiently throughout its life cycle from drilling rig till final disposal/deployment or transportation purposes.
Growth Factors:
- Increasing demand for material handling equipment in various industries
- Growing popularity of automated material handling systems
- Rising investments in warehouses and distribution centers
- Proliferation of e-commerce and the need for fast, efficient order fulfillment
- Advances in materials science and engineering that have led to the development of new types of hooks
Scope Of The Report
Report Attributes
Report Details
Report Title
Hoist Hooks Market Research Report
By Type
Single Type, Double Type, Others
By Application
Manufacturing, Construction, Transportation, Mining and Excavating, Oil and Gas, Others
By Companies
RUD Group, Pewag, Gunnebo, Peerless Industrial Group, Julisling, Delta Rigging & Tools, J.D. Theile, Retezarna A.S., Certified Slings, RUD 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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Hoist Hooks Market Report Segments:
The global Hoist Hooks market is segmented on the basis of:
Types
Single Type, Double Type, 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
Manufacturing, Construction, Transportation, Mining and Excavating, Oil and Gas, 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:
- RUD Group
- Pewag
- Gunnebo
- Peerless Industrial Group
- Julisling
- Delta Rigging & Tools
- J.D. Theile
- Retezarna A.S.
- Certified Slings
- RUD Group
Highlights of The Hoist Hooks 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:
- Single Type
- Double Type
- Others
- By Application:
- Manufacturing
- Construction
- Transportation
- Mining and Excavating
- Oil and Gas
- 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 Hoist Hooks 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
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- 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?
Hoist hooks are a type of lifting device that is used to lift objects. They are made out of metal and have a hook on one end and a handle on the other.
Some of the key players operating in the hoist hooks market are RUD Group, Pewag, Gunnebo, Peerless Industrial Group, Julisling, Delta Rigging & Tools, J.D. Theile, Retezarna A.S., Certified Slings, RUD Group.
The hoist hooks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hoist Hooks 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 Hoist Hooks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hoist Hooks 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 Hoist Hooks 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 Hoist Hooks Market Size & Forecast, 2018-2028
4.5.1 Hoist Hooks Market Size and Y-o-Y Growth
4.5.2 Hoist Hooks Market Absolute $ Opportunity
Chapter 5 Global Hoist Hooks 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 Hoist Hooks Market Size Forecast by Type
5.2.1 Single Type
5.2.2 Double Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hoist Hooks 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 Hoist Hooks Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Construction
6.2.3 Transportation
6.2.4 Mining and Excavating
6.2.5 Oil and Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hoist Hooks 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 Hoist Hooks 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 Hoist Hooks Analysis and Forecast
9.1 Introduction
9.2 North America Hoist Hooks 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 Hoist Hooks Market Size Forecast by Type
9.6.1 Single Type
9.6.2 Double Type
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 Hoist Hooks Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Construction
9.10.3 Transportation
9.10.4 Mining and Excavating
9.10.5 Oil and Gas
9.10.6 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 Hoist Hooks Analysis and Forecast
10.1 Introduction
10.2 Europe Hoist Hooks 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 Hoist Hooks Market Size Forecast by Type
10.6.1 Single Type
10.6.2 Double Type
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 Hoist Hooks Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Construction
10.10.3 Transportation
10.10.4 Mining and Excavating
10.10.5 Oil and Gas
10.10.6 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 Hoist Hooks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hoist Hooks 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 Hoist Hooks Market Size Forecast by Type
11.6.1 Single Type
11.6.2 Double Type
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 Hoist Hooks Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Construction
11.10.3 Transportation
11.10.4 Mining and Excavating
11.10.5 Oil and Gas
11.10.6 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 Hoist Hooks Analysis and Forecast
12.1 Introduction
12.2 Latin America Hoist Hooks 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 Hoist Hooks Market Size Forecast by Type
12.6.1 Single Type
12.6.2 Double Type
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 Hoist Hooks Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Construction
12.10.3 Transportation
12.10.4 Mining and Excavating
12.10.5 Oil and Gas
12.10.6 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) Hoist Hooks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hoist Hooks 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) Hoist Hooks Market Size Forecast by Type
13.6.1 Single Type
13.6.2 Double Type
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) Hoist Hooks Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Construction
13.10.3 Transportation
13.10.4 Mining and Excavating
13.10.5 Oil and Gas
13.10.6 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 Hoist Hooks Market: Competitive Dashboard
14.2 Global Hoist Hooks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RUD Group
14.3.2 Pewag
14.3.3 Gunnebo
14.3.4 Peerless Industrial Group
14.3.5 Julisling
14.3.6 Delta Rigging & Tools
14.3.7 J.D. Theile
14.3.8 Retezarna A.S.
14.3.9 Certified Slings
14.3.10 RUD Group
