Industrial Lifting Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The industrial lifting equipment is used in lifting or moving of heavy machinery or equipment from one place to the other. This lifting equipment has a wide range of applications in different manufacturing units, dockyards, construction sites, fabrication workshops, warehouses, a distribution unit, and others. The industrial lifting equipment helps in minimizing human workload and lessens the injuries caused due to the lifting and manipulation of heavy machinery. The increasing demand for different industrial lifting equipment such as cranes, forklifts, hoists, etc. in various industries has contributed to the growth of the industrial lifting equipment market.

MARKET DYNAMICS

The increase in demand for forklifts in the warehouse and logistics segment, increasing demands for lifting loads in the shipping industry, and surge in demand for cranes and hoists in the mining industry are some of the major factors driving the global industrial lifting equipment market. On the other hand, high initial costs are the major factor that may restraint for the overall industrial lifting equipment market at a global level.

MARKET SCOPE

The "Global Industrial Lifting Equipment Market Analysis to 2031" is a specialized and in-depth study of the industrial lifting equipment market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial lifting equipment market with detailed market segmentation by type, mechanism, installation, application. The global industrial lifting equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial lifting equipment market players and offers key trends and opportunities in the industrial lifting equipment market.

MARKET SEGMENTATION

The global industrial lifting equipment market is segmented on the basis of type, mechanism, installation, application. On the basis of type, the market is segmented as lifts, pallet trucks, forklifts, hoists, stackers, robotic arms. On the basis of mechanism, the market is segmented as electrical, magnetic, hydraulic, pneumatic, scissor lifts. On the basis of installation, the market is segmented as overhead, vehicle mounted, fulcrum. On the basis of application, the market is segmented as manufacturing industry, shipping dockyards & warehouses, process industry.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial lifting equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial lifting equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting industrial lifting equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial lifting equipment market in these regions.

MARKET PLAYERS

The reports cover key developments in the industrial lifting equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial lifting equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial lifting equipment market. Below mentioned is the list of few companies engaged in the industrial lifting equipment market.

The report also includes the profiles of key industrial lifting equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  KION GROUP AG
  
•  ABUS Crane Systems GmbH
  
•  Cargotec
  
•  Crown Equipment Corporation
  
•  Daifuku Co., Ltd
  
•  Konecranes
  
•  Liebherr Group
  
•  Mitsubishi Logisnext Europe B.V.
  
•  Terex Corporation
  
•  TOYOTA INDUSTRIES CORPORATION
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Industrial Lifting Equipment Report Scope