Electric Hoist is a mechanical device with electricity power-sources for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload. The basic electric hoist has two important characteristics to define it: Lifting medium and power type.
LPI (LP Information)' newest research report, the “Electric Hoist Industry Forecast” looks at past sales and reviews total world Electric Hoist sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Hoist sales for 2023 through 2029. With Electric Hoist sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Hoist industry.
This Insight Report provides a comprehensive analysis of the global Electric Hoist lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Hoist portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Hoist market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Hoist and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Electric Hoist market size is projected to grow from US$ 1656.2 million in 2022 to US$ 2232.3 million in 2029; it is expected to grow at a CAGR of 2232.3 from 2023 to 2029.
Global Electric Hoist key players include Kito, Columbus McKinnon, Konecranes, Terex, Hitachi Industrial, etc. Global top five manufacturers hold a share nearly 50%.
USA is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Electric Chain Hoist is the largest segment, with a share about 70%. And in terms of application, the largest application is Construction Sites, followed by Marinas and Shipyards, Factories, Mining and Excavating Operation, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Hoist market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Electric Hoist Includes:
Kito
Terex
Hitachi Industrial
Columbus McKinnon
Konecranes
Street Crane
Ingersoll Rand
ABUS
Imer International
TOYO
Gorbel
DAESAN
Milwaukee Tool
VERLINDE
LIFTKET
Li An Machinery
DL Heavy Industry
Nanyang Kairui
Jiangsu Jiali
Niukelun
Chi Zong Machine
TBM
Chongqing Shanyan
Cheng Day
Shanghai Yiying
Beijing Lingying
Shanghai Shuangdiao
Market Segment by Type, covers:
Electric Chain Hoist
Electric Wire Hoist
Other Electric Hoist
Market Segment by Applications, can be divided into:
Factories
Construction Sites
Marinas and Shipyards
Mining and Excavating Operation
Warehouse
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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