Global Industrial Lifting Equipment Market Research Report 2022
Lifting equipment is a general term for any equipment that can be used to lift loads. In this report, the overall industrial lifting equipment market has been segmented on the basis of four lifting equipment forklift, aerial work platform, crane, and hoist.
Market Analysis and Insights: Global Industrial Lifting Equipment Market
Due to the COVID-19 pandemic, the global Industrial Lifting Equipment market size is estimated to be worth US$ 58260 million in 2022 and is forecast to a readjusted size of US$ 67960 million by 2028 with a CAGR of 2.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Diesel accounting for % of the Industrial Lifting Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Manufacturing segment is altered to an % CAGR throughout this forecast period.
In 2017, cranes held the largest share of the overall industrial lifting equipment market. Cranes are an integral part of the global material handling industry. The increasing demand for construction machinery in the construction industry and in the mining industry for ore extraction are driving the demand for cranes. The market for hydraulic cranes by operations held the largest market share in 2017. Hydraulic cranes are widely used for hoisting and moving heavy materials in shipyards, warehouses, and industrial workshops. Moreover, hydraulic cranes are used in transport, manufacturing, and construction industries.
Global Industrial Lifting Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Lifting Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Diesel
Electric
Gasoline & LPG/CNG
Segment by Application
Manufacturing
Wholesale & Retail Distribution
Freight & Logistics
Others
By Company
Toyota
Kion Group
Hyster-Yale Materials Handling
Jungheinrich
Liebherr
Cargotec
Terex
Konecranes
Manitowoc
Columbus Mckinnon
Kito
Ingersoll-Rand
Linamar
Oshkosh
Zoomlion
Tadano
Haulotte Group
Xuzhou Construction Machinery Group (XCMG)
Crown Equipment
Mammoet
Komatsu
Palfinger
Shanghai Zhenhua Heavy Industry (ZPMC)
Mitsubishi Logisnext
Anhui Forklift Truck Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Industrial Lifting Equipment Market
Due to the COVID-19 pandemic, the global Industrial Lifting Equipment market size is estimated to be worth US$ 58260 million in 2022 and is forecast to a readjusted size of US$ 67960 million by 2028 with a CAGR of 2.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Diesel accounting for % of the Industrial Lifting Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Manufacturing segment is altered to an % CAGR throughout this forecast period.
In 2017, cranes held the largest share of the overall industrial lifting equipment market. Cranes are an integral part of the global material handling industry. The increasing demand for construction machinery in the construction industry and in the mining industry for ore extraction are driving the demand for cranes. The market for hydraulic cranes by operations held the largest market share in 2017. Hydraulic cranes are widely used for hoisting and moving heavy materials in shipyards, warehouses, and industrial workshops. Moreover, hydraulic cranes are used in transport, manufacturing, and construction industries.
Global Industrial Lifting Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Lifting Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Diesel
Electric
Gasoline & LPG/CNG
Segment by Application
Manufacturing
Wholesale & Retail Distribution
Freight & Logistics
Others
By Company
Toyota
Kion Group
Hyster-Yale Materials Handling
Jungheinrich
Liebherr
Cargotec
Terex
Konecranes
Manitowoc
Columbus Mckinnon
Kito
Ingersoll-Rand
Linamar
Oshkosh
Zoomlion
Tadano
Haulotte Group
Xuzhou Construction Machinery Group (XCMG)
Crown Equipment
Mammoet
Komatsu
Palfinger
Shanghai Zhenhua Heavy Industry (ZPMC)
Mitsubishi Logisnext
Anhui Forklift Truck Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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