Market Overview:
The global hoisting machinery 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 building, machining, metallurgical and others. Additionally, the growing infrastructure development activities across the globe are also fueling the demand for hoisting machinery. The small light lifting equipment segment is projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This can be attributed to its low cost and easy installation as compared with other types of hoisting machinery such as elevators, cranes and overhead monorail systems.
Product Definition:
Hoisting Machinery is a type of equipment used for lifting heavy objects by suspending them from a cable or chain. Hoisting machinery is important because it enables workers to move heavy objects safely and efficiently.
Small Light Lifting Equipment:
Small light lifting equipment is used to raise objects up to the loading point. The small light lifting equipment are mainly used in material handling applications, but some of them are also used in other industries such as automotive and construction.
The global small light lifting equipment market size was valued at USD 3,64 billion in 2016.
Elevator:
An elevator is a device used to lift cargo and people between floors of a building. Elevator systems include elevators, escalators, and moving walkways that are used for the transportation of goods within buildings. They can be vertical or horizontal; based on their orientation, they are called vertical elevators or horizontal elevators respectively.
Application Insights:
The application segment is segregated into building, machining industries, metallurgical industry and others. In 2017, the building industry dominated the global hoisting machinery market with a share of over 60%. The growth can be attributed to increasing construction activities in developing countries such as India and China. Moreover, technological advancements in smart buildings are expected to drive demand for advanced lifting equipment including overhead monorail systems and elevators.
The use of mobile cranes has increased significantly in recent years owing to their ability to move from one location to another quickly without any prior planning or preparation required. This mobility allows users flexibility while moving materials from one place to another thereby reducing down time which eventually leads towards cost-savings for businesses that require on-site production facilities quickly and efficiently. These factors are anticipated fuel demand over the forecast period thus driving overall market growth across all regions during the study period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, which has resulted in increased demand for hoisting machinery. In addition, emerging economies such as China and India are experiencing strong economic growth, which is anticipated to boost industry expansion over the coming years.
The Asia Pacific regional market was followed by Europe with a share of 24.1%. The European region held significant share owing to high product adoption rates especially across countries such as Germany and U.K., thereby boosting industry penetration rates significantly over the past few years. However, North America may emerge as a potential competitor due to increasing investments coupled with technological advancements made by various companies operating within this region regarding small light lifting equipment products category (elevator).
Growth Factors:
- Increasing demand for construction and infrastructure activities
- Growing urbanization and industrialization in developing countries
- Rising awareness about the benefits of using hoisting machinery
- Technological advancements in hoisting machinery products
- Growing demand from end-use industries such as construction, mining, and transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Hoisting Machinery Market Research Report
By Type
Small Light Lifting Equipment, Elevator, Crane, Overhead Monorail System, Others
By Application
Building Industry, Machining Industries, Metallurgical Industry, Others
By Companies
SKLADOVA TEHNIKA, HEBEI LIAN HOISTING MACHINERY CO.,LTD., Jiangsu Jiali Hoisting Machinery Manufacturing Co., Ltd, Hebei JuRen Hoisting Machinery Co.,LTD, Sany Heavy Hoisting Machinery Co., Ltd, Dali group, Zhejiang Kaidao Hoisting Machinery Co., Ltd., Zhejiang LiftHand Hoisting Machinery Co.,Ltd, STAVTECH, s.r.o., China SINOMACH Heavy Industry Corporation, SKLADOVA TEHNIKA
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Hoisting Machinery Market Report Segments:
The global Hoisting Machinery market is segmented on the basis of:
Types
Small Light Lifting Equipment, Elevator, Crane, Overhead Monorail System, 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
Building Industry, Machining Industries, Metallurgical 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:
- SKLADOVA TEHNIKA
- HEBEI LIAN HOISTING MACHINERY CO.,LTD.
- Jiangsu Jiali Hoisting Machinery Manufacturing Co., Ltd
- Hebei JuRen Hoisting Machinery Co.,LTD
- Sany Heavy Hoisting Machinery Co., Ltd
- Dali group
- Zhejiang Kaidao Hoisting Machinery Co., Ltd.
- Zhejiang LiftHand Hoisting Machinery Co.,Ltd
- STAVTECH, s.r.o.
- China SINOMACH Heavy Industry Corporation
- SKLADOVA TEHNIKA
Highlights of The Hoisting Machinery 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:
- Small Light Lifting Equipment
- Elevator
- Crane
- Overhead Monorail System
- Others
- By Application:
- Building Industry
- Machining Industries
- Metallurgical 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 Hoisting Machinery 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.
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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?
Hoisting machinery is a type of machine used to lift heavy objects. It can be either powered or manual.
Some of the major players in the hoisting machinery market are SKLADOVA TEHNIKA, HEBEI LIAN HOISTING MACHINERY CO.,LTD., Jiangsu Jiali Hoisting Machinery Manufacturing Co., Ltd, Hebei JuRen Hoisting Machinery Co.,LTD, Sany Heavy Hoisting Machinery Co., Ltd, Dali group, Zhejiang Kaidao Hoisting Machinery Co., Ltd., Zhejiang LiftHand Hoisting Machinery Co.,Ltd, STAVTECH, s.r.o., China SINOMACH Heavy Industry Corporation, SKLADOVA TEHNIKA.
The hoisting machinery 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 Hoisting Machinery 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 Hoisting Machinery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hoisting Machinery 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 Hoisting Machinery 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 Hoisting Machinery Market Size & Forecast, 2020-2028 4.5.1 Hoisting Machinery Market Size and Y-o-Y Growth 4.5.2 Hoisting Machinery Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Small Light Lifting Equipment
5.2.2 Elevator
5.2.3 Crane
5.2.4 Overhead Monorail System
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Building Industry
6.2.2 Machining Industries
6.2.3 Metallurgical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hoisting Machinery 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 Hoisting Machinery 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Small Light Lifting Equipment
9.6.2 Elevator
9.6.3 Crane
9.6.4 Overhead Monorail System
9.6.5 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 Market Size Forecast by Applications
9.10.1 Building Industry
9.10.2 Machining Industries
9.10.3 Metallurgical Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Small Light Lifting Equipment
10.6.2 Elevator
10.6.3 Crane
10.6.4 Overhead Monorail System
10.6.5 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 Market Size Forecast by Applications
10.10.1 Building Industry
10.10.2 Machining Industries
10.10.3 Metallurgical Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Small Light Lifting Equipment
11.6.2 Elevator
11.6.3 Crane
11.6.4 Overhead Monorail System
11.6.5 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 Market Size Forecast by Applications
11.10.1 Building Industry
11.10.2 Machining Industries
11.10.3 Metallurgical Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Small Light Lifting Equipment
12.6.2 Elevator
12.6.3 Crane
12.6.4 Overhead Monorail System
12.6.5 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 Market Size Forecast by Applications
12.10.1 Building Industry
12.10.2 Machining Industries
12.10.3 Metallurgical Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Small Light Lifting Equipment
13.6.2 Elevator
13.6.3 Crane
13.6.4 Overhead Monorail System
13.6.5 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) Market Size Forecast by Applications
13.10.1 Building Industry
13.10.2 Machining Industries
13.10.3 Metallurgical Industry
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 Hoisting Machinery Market: Competitive Dashboard
14.2 Global Hoisting Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKLADOVA TEHNIKA
14.3.2 HEBEI LIAN HOISTING MACHINERY CO.,LTD.
14.3.3 Jiangsu Jiali Hoisting Machinery Manufacturing Co., Ltd
14.3.4 Hebei JuRen Hoisting Machinery Co.,LTD
14.3.5 Sany Heavy Hoisting Machinery Co., Ltd
14.3.6 Dali group
14.3.7 Zhejiang Kaidao Hoisting Machinery Co., Ltd.
14.3.8 Zhejiang LiftHand Hoisting Machinery Co.,Ltd
14.3.9 STAVTECH, s.r.o.
14.3.10 China SINOMACH Heavy Industry Corporation
14.3.11 SKLADOVA TEHNIKA