Hoist Market (Updated Version Available)

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 the hoist market, high-end products are mainly produced by developed countries. China is the dominator of the middle and low end products. With its low price, hoist produced in China are popular around the world, especially in Southeast Asia, Africa, South America and the Middle East development countries and regions.
As the necessary industrial equipment, hoist can be used in every walk of life, including oil, petrochemical, petrol, oil depot, gas, chemical, military, electricity, mining, electronics, railway and other industries.
The global oil refinery market is expected to increase due to rising energy demand, evolving technology and new sources of the crude oil explored during the forecast period. And the oil refineries market is currently undergoing a significant reorientation, with demand moving away from the traditional strongholds of Europe and North America to other regions of the world. Growing demand from end-use industries around the world is expected to drive growth in the global petrochemical market over the next seven years. On the supply side, abundant raw material availability in the Middle East is expected to have a positive impact on growth of the petrochemical market. The shale gas boom in North America and rapidly expanding exploration & production activities in China are also likely to drive the global market.

The report offers detailed coverage of Hoist industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hoist by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Hoist market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Hoist market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
J.D. Neuhaus
TOYO
ABUS
Imer International
VERLINDE
DAESAN
ABLE FORGE
Endo Kogyo
Shanghai Yiying
Xi'an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
DL Heavy
Mode
Cheng Day

At the same time, we classify Hoist according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists
Market by Application
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hoist market for the forecast period 2021 - 2025?
• What are the driving forces in the Hoist market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hoist industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?