Global Load Moment Indicator Market Insights, Forecast to 2025

Load moment indicator means a system which aids the equipment operator by sensing (directly or indirectly) the overturning moment on the equipment, i.e., load multiplied by radius. It compares this lifting condition to the equipment's rated capacity, and indicates to the operator the percentage of capacity at which the equipment is working. Lights, bells, or buzzers may be incorporated as a warning of an approaching overload condition.
In the coming years there is an increasing technology breakthrough for load moment indicators in the regions of North America and Europe that is expected to drive the market for more advanced load moment indicators. Increasing of construction and industrial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of load moment indicators of APAC will drive growth of the global market.
Globally, the load moment indicators industry market is an oligopoly as the manufacturing technology of load moment indicators is relatively high. And some enterprises, like Wika, Rayco-Wylie and Yichang Jinglian etc. are well-known for the wonderful performance of their load moment indicators and related services. At the same time, Asia-Pacific, occupied 66.98% sales market share in 2017, is remarkable in the global load moment indicators industry because of their market share and demand of load moment indicators.
The Load Moment Indicator market was valued at 92 Million US$ in 2018 and is projected to reach 100 Million US$ by 2025, at a CAGR of 0.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Load Moment Indicator.

This report presents the worldwide Load Moment Indicator market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Wika
Rayco-Wylie
Yichang Jinglian
TWG Dover
Parker Electronic Controls
Cranesmart Systems
Weite Technologies
Suns Technology
Wylie Indicators
Shanghai Xiya
Keli Sensing
Wide Technology
Yichang Wanpu
Chengdu Hi-Tech Crane Safety
Markload Systems

Load Moment Indicator Breakdown Data by Type
Tower Crane
Vehicle Crane
Others
Load Moment Indicator Breakdown Data by Application
Construction
Industrial
Others

Load Moment Indicator Production by Region
United States
Europe
China
Japan
Other Regions

Load Moment Indicator Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Load Moment Indicator status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Load Moment Indicator manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Load Moment Indicator :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Load Moment Indicator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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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.

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  • By End User/Applications
  • By Technology
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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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