The global Hoists market size was valued at US$ 3619.1 million in 2023. With growing demand in downstream market, the Hoists is forecast to a readjusted size of US$ 4548.7 million by 2030 with a CAGR of 3.3% during review period.
The research report highlights the growth potential of the global Hoists market. Hoists are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Hoists. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Hoists market.
A hoist is a mechanical device for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload.
A basic hoist is defined by two chief characteristics. The first is the lifting medium, which may be a wire rope wrapped around a drum or a chain raised by a pulley. The second is the type of power utilized by the hoist. Common power-sources are hydraulics, electricity, air driven motors, and, in the case of a manual hoist, muscle power.
In South Korea, Hoists key players include DAESAN, KUKDONG HOIST, KOREA HOIST, Daekyung, Nihon Dempa KogyoHyundai Hoist, etc. Global top five manufacturers hold a share nearly 65%.
In terms of product, Manual Hoists is the largest segment, with a share over 60%. And in terms of application, the largest application is Factories, followed by Construction Sites, Mining and Excavating Operation, Marinas and Shipyards, etc.
Key Features:
The report on Hoists market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Hoists market. It may include historical data, market segmentation by Type (e.g., Manual Hoists, Electric Hoists), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Hoists market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Hoists market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Hoists industry. This include advancements in Hoists technology, Hoists new entrants, Hoists new investment, and other innovations that are shaping the future of Hoists.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Hoists market. It includes factors influencing customer ' purchasing decisions, preferences for Hoists product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Hoists market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Hoists market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Hoists market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Hoists industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Hoists market.
Market Segmentation:
Hoists market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists
Segmentation by application
Factories
Construction Sites
Marinas and Shipyards
Mining and Excavating Operation
Warehouse
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
TOYO
Imer International
DAESAN
Endo Kogyo
Shanghai Yiying
Xi'an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
DL Heavy
Mode
Cheng Day
KOREA HOIST
KUKDONG HOIST
SAMSUNG HOIST
LK Hoist & Crane
Daekyung
Nihon Dempa KogyoHyundai Hoist
Zhejiang Hand Hoist
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hoists market?
What factors are driving Hoists market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hoists market opportunities vary by end market size?
How does Hoists break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hoists Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Hoists by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Hoists by Country/Region, 2019, 2023 & 2030
2.2 Hoists Segment by Type
2.2.1 Manual Hoists
2.2.2 Electric Hoists
2.2.3 Air Hoists
2.2.4 Hydraulic Hoists
2.3 Hoists Sales by Type
2.3.1 Global Hoists Sales Market Share by Type (2019-2024)
2.3.2 Global Hoists Revenue and Market Share by Type (2019-2024)
2.3.3 Global Hoists Sale Price by Type (2019-2024)
2.4 Hoists Segment by Application
2.4.1 Factories
2.4.2 Construction Sites
2.4.3 Marinas and Shipyards
2.4.4 Mining and Excavating Operation
2.4.5 Warehouse
2.4.6 Others
2.5 Hoists Sales by Application
2.5.1 Global Hoists Sale Market Share by Application (2019-2024)
2.5.2 Global Hoists Revenue and Market Share by Application (2019-2024)
2.5.3 Global Hoists Sale Price by Application (2019-2024)
3 Global Hoists by Company
3.1 Global Hoists Breakdown Data by Company
3.1.1 Global Hoists Annual Sales by Company (2019-2024)
3.1.2 Global Hoists Sales Market Share by Company (2019-2024)
3.2 Global Hoists Annual Revenue by Company (2019-2024)
3.2.1 Global Hoists Revenue by Company (2019-2024)
3.2.2 Global Hoists Revenue Market Share by Company (2019-2024)
3.3 Global Hoists Sale Price by Company
3.4 Key Manufacturers Hoists Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hoists Product Location Distribution
3.4.2 Players Hoists Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Hoists by Geographic Region
4.1 World Historic Hoists Market Size by Geographic Region (2019-2024)
4.1.1 Global Hoists Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Hoists Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Hoists Market Size by Country/Region (2019-2024)
4.2.1 Global Hoists Annual Sales by Country/Region (2019-2024)
4.2.2 Global Hoists Annual Revenue by Country/Region (2019-2024)
4.3 Americas Hoists Sales Growth
4.4 APAC Hoists Sales Growth
4.5 Europe Hoists Sales Growth
4.6 Middle East & Africa Hoists Sales Growth
5 Americas
5.1 Americas Hoists Sales by Country
5.1.1 Americas Hoists Sales by Country (2019-2024)
5.1.2 Americas Hoists Revenue by Country (2019-2024)
5.2 Americas Hoists Sales by Type
5.3 Americas Hoists Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hoists Sales by Region
6.1.1 APAC Hoists Sales by Region (2019-2024)
6.1.2 APAC Hoists Revenue by Region (2019-2024)
6.2 APAC Hoists Sales by Type
6.3 APAC Hoists Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hoists by Country
7.1.1 Europe Hoists Sales by Country (2019-2024)
7.1.2 Europe Hoists Revenue by Country (2019-2024)
7.2 Europe Hoists Sales by Type
7.3 Europe Hoists Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hoists by Country
8.1.1 Middle East & Africa Hoists Sales by Country (2019-2024)
8.1.2 Middle East & Africa Hoists Revenue by Country (2019-2024)
8.2 Middle East & Africa Hoists Sales by Type
8.3 Middle East & Africa Hoists Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hoists
10.3 Manufacturing Process Analysis of Hoists
10.4 Industry Chain Structure of Hoists
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hoists Distributors
11.3 Hoists Customer
12 World Forecast Review for Hoists by Geographic Region
12.1 Global Hoists Market Size Forecast by Region
12.1.1 Global Hoists Forecast by Region (2025-2030)
12.1.2 Global Hoists Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Hoists Forecast by Type
12.7 Global Hoists Forecast by Application
13 Key Players Analysis
13.1 Columbus McKinnon
13.1.1 Columbus McKinnon Company Information
13.1.2 Columbus McKinnon Hoists Product Portfolios and Specifications
13.1.3 Columbus McKinnon Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Columbus McKinnon Main Business Overview
13.1.5 Columbus McKinnon Latest Developments
13.2 Kito
13.2.1 Kito Company Information
13.2.2 Kito Hoists Product Portfolios and Specifications
13.2.3 Kito Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kito Main Business Overview
13.2.5 Kito Latest Developments
13.3 Terex
13.3.1 Terex Company Information
13.3.2 Terex Hoists Product Portfolios and Specifications
13.3.3 Terex Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Terex Main Business Overview
13.3.5 Terex Latest Developments
13.4 Konecranes
13.4.1 Konecranes Company Information
13.4.2 Konecranes Hoists Product Portfolios and Specifications
13.4.3 Konecranes Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Konecranes Main Business Overview
13.4.5 Konecranes Latest Developments
13.5 Ingersoll Rand
13.5.1 Ingersoll Rand Company Information
13.5.2 Ingersoll Rand Hoists Product Portfolios and Specifications
13.5.3 Ingersoll Rand Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Ingersoll Rand Main Business Overview
13.5.5 Ingersoll Rand Latest Developments
13.6 TRACTEL
13.6.1 TRACTEL Company Information
13.6.2 TRACTEL Hoists Product Portfolios and Specifications
13.6.3 TRACTEL Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 TRACTEL Main Business Overview
13.6.5 TRACTEL Latest Developments
13.7 PLANETA
13.7.1 PLANETA Company Information
13.7.2 PLANETA Hoists Product Portfolios and Specifications
13.7.3 PLANETA Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 PLANETA Main Business Overview
13.7.5 PLANETA Latest Developments
13.8 Hitachi
13.8.1 Hitachi Company Information
13.8.2 Hitachi Hoists Product Portfolios and Specifications
13.8.3 Hitachi Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Hitachi Main Business Overview
13.8.5 Hitachi Latest Developments
13.9 KAWASAKI
13.9.1 KAWASAKI Company Information
13.9.2 KAWASAKI Hoists Product Portfolios and Specifications
13.9.3 KAWASAKI Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 KAWASAKI Main Business Overview
13.9.5 KAWASAKI Latest Developments
13.10 TOYO
13.10.1 TOYO Company Information
13.10.2 TOYO Hoists Product Portfolios and Specifications
13.10.3 TOYO Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 TOYO Main Business Overview
13.10.5 TOYO Latest Developments
13.11 Imer International
13.11.1 Imer International Company Information
13.11.2 Imer International Hoists Product Portfolios and Specifications
13.11.3 Imer International Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Imer International Main Business Overview
13.11.5 Imer International Latest Developments
13.12 DAESAN
13.12.1 DAESAN Company Information
13.12.2 DAESAN Hoists Product Portfolios and Specifications
13.12.3 DAESAN Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 DAESAN Main Business Overview
13.12.5 DAESAN Latest Developments
13.13 Endo Kogyo
13.13.1 Endo Kogyo Company Information
13.13.2 Endo Kogyo Hoists Product Portfolios and Specifications
13.13.3 Endo Kogyo Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Endo Kogyo Main Business Overview
13.13.5 Endo Kogyo Latest Developments
13.14 Shanghai Yiying
13.14.1 Shanghai Yiying Company Information
13.14.2 Shanghai Yiying Hoists Product Portfolios and Specifications
13.14.3 Shanghai Yiying Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Shanghai Yiying Main Business Overview
13.14.5 Shanghai Yiying Latest Developments
13.15 Xi'an Liba
13.15.1 Xi'an Liba Company Information
13.15.2 Xi'an Liba Hoists Product Portfolios and Specifications
13.15.3 Xi'an Liba Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Xi'an Liba Main Business Overview
13.15.5 Xi'an Liba Latest Developments
13.16 TBM
13.16.1 TBM Company Information
13.16.2 TBM Hoists Product Portfolios and Specifications
13.16.3 TBM Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 TBM Main Business Overview
13.16.5 TBM Latest Developments
13.17 Zhejiang Wuyi Machinery
13.17.1 Zhejiang Wuyi Machinery Company Information
13.17.2 Zhejiang Wuyi Machinery Hoists Product Portfolios and Specifications
13.17.3 Zhejiang Wuyi Machinery Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Zhejiang Wuyi Machinery Main Business Overview
13.17.5 Zhejiang Wuyi Machinery Latest Developments
13.18 Beijing Lingying
13.18.1 Beijing Lingying Company Information
13.18.2 Beijing Lingying Hoists Product Portfolios and Specifications
13.18.3 Beijing Lingying Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Beijing Lingying Main Business Overview
13.18.5 Beijing Lingying Latest Developments
13.19 Nanjing Jingming
13.19.1 Nanjing Jingming Company Information
13.19.2 Nanjing Jingming Hoists Product Portfolios and Specifications
13.19.3 Nanjing Jingming Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Nanjing Jingming Main Business Overview
13.19.5 Nanjing Jingming Latest Developments
13.20 Nucleon (Xinxiang)
13.20.1 Nucleon (Xinxiang) Company Information
13.20.2 Nucleon (Xinxiang) Hoists Product Portfolios and Specifications
13.20.3 Nucleon (Xinxiang) Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Nucleon (Xinxiang) Main Business Overview
13.20.5 Nucleon (Xinxiang) Latest Developments
13.21 DL Heavy
13.21.1 DL Heavy Company Information
13.21.2 DL Heavy Hoists Product Portfolios and Specifications
13.21.3 DL Heavy Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 DL Heavy Main Business Overview
13.21.5 DL Heavy Latest Developments
13.22 Mode
13.22.1 Mode Company Information
13.22.2 Mode Hoists Product Portfolios and Specifications
13.22.3 Mode Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.22.4 Mode Main Business Overview
13.22.5 Mode Latest Developments
13.23 Cheng Day
13.23.1 Cheng Day Company Information
13.23.2 Cheng Day Hoists Product Portfolios and Specifications
13.23.3 Cheng Day Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.23.4 Cheng Day Main Business Overview
13.23.5 Cheng Day Latest Developments
13.24 KOREA HOIST
13.24.1 KOREA HOIST Company Information
13.24.2 KOREA HOIST Hoists Product Portfolios and Specifications
13.24.3 KOREA HOIST Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.24.4 KOREA HOIST Main Business Overview
13.24.5 KOREA HOIST Latest Developments
13.25 KUKDONG HOIST
13.25.1 KUKDONG HOIST Company Information
13.25.2 KUKDONG HOIST Hoists Product Portfolios and Specifications
13.25.3 KUKDONG HOIST Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.25.4 KUKDONG HOIST Main Business Overview
13.25.5 KUKDONG HOIST Latest Developments
13.26 SAMSUNG HOIST
13.26.1 SAMSUNG HOIST Company Information
13.26.2 SAMSUNG HOIST Hoists Product Portfolios and Specifications
13.26.3 SAMSUNG HOIST Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.26.4 SAMSUNG HOIST Main Business Overview
13.26.5 SAMSUNG HOIST Latest Developments
13.27 LK Hoist & Crane
13.27.1 LK Hoist & Crane Company Information
13.27.2 LK Hoist & Crane Hoists Product Portfolios and Specifications
13.27.3 LK Hoist & Crane Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.27.4 LK Hoist & Crane Main Business Overview
13.27.5 LK Hoist & Crane Latest Developments
13.28 Daekyung
13.28.1 Daekyung Company Information
13.28.2 Daekyung Hoists Product Portfolios and Specifications
13.28.3 Daekyung Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.28.4 Daekyung Main Business Overview
13.28.5 Daekyung Latest Developments
13.29 Nihon Dempa KogyoHyundai Hoist
13.29.1 Nihon Dempa KogyoHyundai Hoist Company Information
13.29.2 Nihon Dempa KogyoHyundai Hoist Hoists Product Portfolios and Specifications
13.29.3 Nihon Dempa KogyoHyundai Hoist Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.29.4 Nihon Dempa KogyoHyundai Hoist Main Business Overview
13.29.5 Nihon Dempa KogyoHyundai Hoist Latest Developments
13.30 Zhejiang Hand Hoist
13.30.1 Zhejiang Hand Hoist Company Information
13.30.2 Zhejiang Hand Hoist Hoists Product Portfolios and Specifications
13.30.3 Zhejiang Hand Hoist Hoists Sales, Revenue, Price and Gross Margin (2019-2024)
13.30.4 Zhejiang Hand Hoist Main Business Overview
13.30.5 Zhejiang Hand Hoist Latest Developments
14 Research Findings and Conclusion
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*If Applicable.