Market Overview:
The global lever block market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lifting equipment in various industries such as mining, construction, and shipyard. Additionally, the growing demand for lifting equipment in other applications is also propelling the growth of this market. However, volatility in raw material prices may restrain the growth of this market to some extent during the forecast period. On basis of type, the global lever block market can be segmented into lifting capacity 3T.
Product Definition:
A lever block is a device used to apply or release tension, typically by means of a lever. It is an important tool in many trades, including construction and automotive repair.
Lifting Capacity
Lifting Capacity 1-3T:
Lifting capacity 1-3T is the weight of the object that can be lifted with one hand by an adult. It depends on different factors such as muscle strength, body size, and age of person. The average lifting capacity for a newborn baby is around 0-3T; for an 8 - 12 year old child it ranges between 3-8T; while teenagers have a range between 8-13T and adults ranging from 13+ T to 18+ T.
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing demand for construction equipment, such as trucks, bull dozers and dragline excavators. In addition, favorable government policies and tax rebates offered on purchasing equipment are expected to drive the industry growth over the forecast period.
The mining application is projected to register a CAGR of XX% from 2018 to 2030 owing to rising demand for lever block machines from opencast coal mines across China, India and Australia among others countries in Asia Pacific region.
Regional Analysis:
Asia Pacific dominated the global lever block market in 2016 and is expected to continue its dominance over the forecast period. The region comprises several emerging economies, such as China, India, and Japan. These countries are home to some of the largest mining operations across the globe owing to their abundant availability of minerals and metals. Furthermore, increasing government initiatives for infrastructure development coupled with growing industrialization is also anticipated to drive demand in this region over the next eight years.
The Asia Pacific regional market accounted for a share of more than 30% in 2016 owing to significant growth opportunities offered by these industries within this region itself along with other developing nations like Indonesia.
Growth Factors:
- Increasing demand from the construction and automotive industries for lever blocks as a result of their efficiency and durability.
- Growing popularity of lever block products in developing countries due to the increasing awareness about their benefits.
- Rising number of online retailers offering lever block products at competitive prices, thereby boosting sales growth.
- Proliferation of counterfeit products in the market, which is resulting in an increase in demand for genuine Lever Block products from consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lever Block Market Research Report
By Type
Lifting Capacity <1T, Lifting Capacity 1-3T, Lifting Capacity >3T
By Application
Mining, Construction, Shipyard, Other
By Companies
Pacific Hoists, Nobles, TOYO, VITAL, Kennards Hire, zojirushi, KITO
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Lever Block Market Report Segments:
The global Lever Block market is segmented on the basis of:
Types
Lifting Capacity <1T, Lifting Capacity 1-3T, Lifting Capacity >3T
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
Mining, Construction, Shipyard, Other
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:
- Pacific Hoists
- Nobles
- TOYO
- VITAL
- Kennards Hire
- zojirushi
- KITO
Highlights of The Lever Block 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:
- Lifting Capacity <1T
- Lifting Capacity 1-3T
- Lifting Capacity >3T
- By Application:
- Mining
- Construction
- Shipyard
- Other
- 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 Lever Block 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?
A lever block is a metal or plastic device that attaches to the end of a lever and provides resistance when pulled. This resistance allows you to move the lever up and down, which in turn moves the object being manipulated.
Some of the major companies in the lever block market are Pacific Hoists, Nobles, TOYO, VITAL, Kennards Hire, zojirushi, KITO.
The lever block market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lever Block 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. Lever Block Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lever Block Market - Supply Chain
4.5. Global Lever Block Market Forecast
4.5.1. Lever Block Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lever Block Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lever Block Market Absolute $ Opportunity
5. Global Lever Block 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. Lever Block Market Size and Volume Forecast by Type
5.3.1. Lifting Capacity <1T
5.3.2. Lifting Capacity 1-3T
5.3.3. Lifting Capacity >3T
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lever Block 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. Lever Block Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Shipyard
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lever Block 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. Lever Block 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 Lever Block 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. Lever Block 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 Lever Block Demand Share Forecast, 2019-2026
9. North America Lever Block 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 Lever Block 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 Lever Block Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Shipyard
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lever Block Market Size and Volume Forecast by Type
9.7.1. Lifting Capacity <1T
9.7.2. Lifting Capacity 1-3T
9.7.3. Lifting Capacity >3T
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 Lever Block Demand Share Forecast, 2019-2026
10. Latin America Lever Block 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 Lever Block 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 Lever Block Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Shipyard
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lever Block Market Size and Volume Forecast by Type
10.7.1. Lifting Capacity <1T
10.7.2. Lifting Capacity 1-3T
10.7.3. Lifting Capacity >3T
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 Lever Block Demand Share Forecast, 2019-2026
11. Europe Lever Block 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 Lever Block 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 Lever Block Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Shipyard
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lever Block Market Size and Volume Forecast by Type
11.7.1. Lifting Capacity <1T
11.7.2. Lifting Capacity 1-3T
11.7.3. Lifting Capacity >3T
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.0. 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 Lever Block Demand Share, 2019-2026
12. Asia Pacific Lever Block 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 Lever Block 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 Lever Block Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Shipyard
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lever Block Market Size and Volume Forecast by Type
12.7.1. Lifting Capacity <1T
12.7.2. Lifting Capacity 1-3T
12.7.3. Lifting Capacity >3T
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 Lever Block Demand Share, 2019-2026
13. Middle East & Africa Lever Block 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 Lever Block 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 Lever Block Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. Shipyard
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lever Block Market Size and Volume Forecast by Type
13.7.1. Lifting Capacity <1T
13.7.2. Lifting Capacity 1-3T
13.7.3. Lifting Capacity >3T
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 Lever Block Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lever Block Market: Market Share Analysis
14.2. Lever Block Distributors and Customers
14.3. Lever Block Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pacific Hoists
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nobles
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TOYO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VITAL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kennards Hire
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. zojirushi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KITO
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
