Industrial Lifting Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
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.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Industrial Lifting Equipment Market - By Type
1.3.2 Industrial Lifting Equipment Market - By Mechanism
1.3.3 Industrial Lifting Equipment Market - By Installation
1.3.4 Industrial Lifting Equipment Market - By Application
1.3.5 Industrial Lifting Equipment Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL LIFTING EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. INDUSTRIAL LIFTING EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INDUSTRIAL LIFTING EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL LIFTING EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL LIFTING EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INDUSTRIAL LIFTING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIFTS
7.3.1. Overview
7.3.2. Lifts Market Forecast and Analysis
7.4. PALLET TRUCKS
7.4.1. Overview
7.4.2. Pallet Trucks Market Forecast and Analysis
7.5. FORKLIFTS
7.5.1. Overview
7.5.2. Forklifts Market Forecast and Analysis
7.6. HOISTS
7.6.1. Overview
7.6.2. Hoists Market Forecast and Analysis
7.7. STACKERS
7.7.1. Overview
7.7.2. Stackers Market Forecast and Analysis
7.8. ROBOTIC ARMS
7.8.1. Overview
7.8.2. Robotic Arms Market Forecast and Analysis
8. INDUSTRIAL LIFTING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - MECHANISM
8.1. OVERVIEW
8.2. MECHANISM MARKET FORECASTS AND ANALYSIS
8.3. ELECTRICAL
8.3.1. Overview
8.3.2. Electrical Market Forecast and Analysis
8.4. MAGNETIC
8.4.1. Overview
8.4.2. Magnetic Market Forecast and Analysis
8.5. HYDRAULIC
8.5.1. Overview
8.5.2. Hydraulic Market Forecast and Analysis
8.6. PNEUMATIC
8.6.1. Overview
8.6.2. Pneumatic Market Forecast and Analysis
8.7. SCISSOR LIFTS
8.7.1. Overview
8.7.2. Scissor lifts Market Forecast and Analysis
9. INDUSTRIAL LIFTING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - INSTALLATION
9.1. OVERVIEW
9.2. INSTALLATION MARKET FORECASTS AND ANALYSIS
9.3. OVERHEAD
9.3.1. Overview
9.3.2. Overhead Market Forecast and Analysis
9.4. VEHICLE MOUNTED
9.4.1. Overview
9.4.2. Vehicle Mounted Market Forecast and Analysis
9.5. FULCRUM
9.5.1. Overview
9.5.2. Fulcrum Market Forecast and Analysis
10. INDUSTRIAL LIFTING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. MANUFACTURING INDUSTRY
10.3.1. Overview
10.3.2. Manufacturing Industry Market Forecast and Analysis
10.4. SHIPPING DOCKYARDS AND WAREHOUSES
10.4.1. Overview
10.4.2. Shipping Dockyards and Warehouses Market Forecast and Analysis
10.5. PROCESS INDUSTRY
10.5.1. Overview
10.5.2. Process Industry Market Forecast and Analysis
11. INDUSTRIAL LIFTING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Industrial Lifting Equipment Market Overview
11.1.2 North America Industrial Lifting Equipment Market Forecasts and Analysis
11.1.3 North America Industrial Lifting Equipment Market Forecasts and Analysis - By Type
11.1.4 North America Industrial Lifting Equipment Market Forecasts and Analysis - By Mechanism
11.1.5 North America Industrial Lifting Equipment Market Forecasts and Analysis - By Installation
11.1.6 North America Industrial Lifting Equipment Market Forecasts and Analysis - By Application
11.1.7 North America Industrial Lifting Equipment Market Forecasts and Analysis - By Countries
11.1.7.1 United States Industrial Lifting Equipment Market
11.1.7.1.1 United States Industrial Lifting Equipment Market by Type
11.1.7.1.2 United States Industrial Lifting Equipment Market by Mechanism
11.1.7.1.3 United States Industrial Lifting Equipment Market by Installation
11.1.7.1.4 United States Industrial Lifting Equipment Market by Application
11.1.7.2 Canada Industrial Lifting Equipment Market
11.1.7.2.1 Canada Industrial Lifting Equipment Market by Type
11.1.7.2.2 Canada Industrial Lifting Equipment Market by Mechanism
11.1.7.2.3 Canada Industrial Lifting Equipment Market by Installation
11.1.7.2.4 Canada Industrial Lifting Equipment Market by Application
11.1.7.3 Mexico Industrial Lifting Equipment Market
11.1.7.3.1 Mexico Industrial Lifting Equipment Market by Type
11.1.7.3.2 Mexico Industrial Lifting Equipment Market by Mechanism
11.1.7.3.3 Mexico Industrial Lifting Equipment Market by Installation
11.1.7.3.4 Mexico Industrial Lifting Equipment Market by Application
11.2. EUROPE
11.2.1 Europe Industrial Lifting Equipment Market Overview
11.2.2 Europe Industrial Lifting Equipment Market Forecasts and Analysis
11.2.3 Europe Industrial Lifting Equipment Market Forecasts and Analysis - By Type
11.2.4 Europe Industrial Lifting Equipment Market Forecasts and Analysis - By Mechanism
11.2.5 Europe Industrial Lifting Equipment Market Forecasts and Analysis - By Installation
11.2.6 Europe Industrial Lifting Equipment Market Forecasts and Analysis - By Application
11.2.7 Europe Industrial Lifting Equipment Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Industrial Lifting Equipment Market
11.2.7.1.1 Germany Industrial Lifting Equipment Market by Type
11.2.7.1.2 Germany Industrial Lifting Equipment Market by Mechanism
11.2.7.1.3 Germany Industrial Lifting Equipment Market by Installation
11.2.7.1.4 Germany Industrial Lifting Equipment Market by Application
11.2.7.2 France Industrial Lifting Equipment Market
11.2.7.2.1 France Industrial Lifting Equipment Market by Type
11.2.7.2.2 France Industrial Lifting Equipment Market by Mechanism
11.2.7.2.3 France Industrial Lifting Equipment Market by Installation
11.2.7.2.4 France Industrial Lifting Equipment Market by Application
11.2.7.3 Italy Industrial Lifting Equipment Market
11.2.7.3.1 Italy Industrial Lifting Equipment Market by Type
11.2.7.3.2 Italy Industrial Lifting Equipment Market by Mechanism
11.2.7.3.3 Italy Industrial Lifting Equipment Market by Installation
11.2.7.3.4 Italy Industrial Lifting Equipment Market by Application
11.2.7.4 United Kingdom Industrial Lifting Equipment Market
11.2.7.4.1 United Kingdom Industrial Lifting Equipment Market by Type
11.2.7.4.2 United Kingdom Industrial Lifting Equipment Market by Mechanism
11.2.7.4.3 United Kingdom Industrial Lifting Equipment Market by Installation
11.2.7.4.4 United Kingdom Industrial Lifting Equipment Market by Application
11.2.7.5 Russia Industrial Lifting Equipment Market
11.2.7.5.1 Russia Industrial Lifting Equipment Market by Type
11.2.7.5.2 Russia Industrial Lifting Equipment Market by Mechanism
11.2.7.5.3 Russia Industrial Lifting Equipment Market by Installation
11.2.7.5.4 Russia Industrial Lifting Equipment Market by Application
11.2.7.6 Rest of Europe Industrial Lifting Equipment Market
11.2.7.6.1 Rest of Europe Industrial Lifting Equipment Market by Type
11.2.7.6.2 Rest of Europe Industrial Lifting Equipment Market by Mechanism
11.2.7.6.3 Rest of Europe Industrial Lifting Equipment Market by Installation
11.2.7.6.4 Rest of Europe Industrial Lifting Equipment Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Industrial Lifting Equipment Market Overview
11.3.2 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis
11.3.3 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis - By Mechanism
11.3.5 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis - By Installation
11.3.6 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Industrial Lifting Equipment Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Industrial Lifting Equipment Market
11.3.7.1.1 Australia Industrial Lifting Equipment Market by Type
11.3.7.1.2 Australia Industrial Lifting Equipment Market by Mechanism
11.3.7.1.3 Australia Industrial Lifting Equipment Market by Installation
11.3.7.1.4 Australia Industrial Lifting Equipment Market by Application
11.3.7.2 China Industrial Lifting Equipment Market
11.3.7.2.1 China Industrial Lifting Equipment Market by Type
11.3.7.2.2 China Industrial Lifting Equipment Market by Mechanism
11.3.7.2.3 China Industrial Lifting Equipment Market by Installation
11.3.7.2.4 China Industrial Lifting Equipment Market by Application
11.3.7.3 India Industrial Lifting Equipment Market
11.3.7.3.1 India Industrial Lifting Equipment Market by Type
11.3.7.3.2 India Industrial Lifting Equipment Market by Mechanism
11.3.7.3.3 India Industrial Lifting Equipment Market by Installation
11.3.7.3.4 India Industrial Lifting Equipment Market by Application
11.3.7.4 Japan Industrial Lifting Equipment Market
11.3.7.4.1 Japan Industrial Lifting Equipment Market by Type
11.3.7.4.2 Japan Industrial Lifting Equipment Market by Mechanism
11.3.7.4.3 Japan Industrial Lifting Equipment Market by Installation
11.3.7.4.4 Japan Industrial Lifting Equipment Market by Application
11.3.7.5 South Korea Industrial Lifting Equipment Market
11.3.7.5.1 South Korea Industrial Lifting Equipment Market by Type
11.3.7.5.2 South Korea Industrial Lifting Equipment Market by Mechanism
11.3.7.5.3 South Korea Industrial Lifting Equipment Market by Installation
11.3.7.5.4 South Korea Industrial Lifting Equipment Market by Application
11.3.7.6 Rest of Asia-Pacific Industrial Lifting Equipment Market
11.3.7.6.1 Rest of Asia-Pacific Industrial Lifting Equipment Market by Type
11.3.7.6.2 Rest of Asia-Pacific Industrial Lifting Equipment Market by Mechanism
11.3.7.6.3 Rest of Asia-Pacific Industrial Lifting Equipment Market by Installation
11.3.7.6.4 Rest of Asia-Pacific Industrial Lifting Equipment Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Industrial Lifting Equipment Market Overview
11.4.2 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis
11.4.3 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis - By Mechanism
11.4.5 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis - By Installation
11.4.6 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Industrial Lifting Equipment Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Industrial Lifting Equipment Market
11.4.7.1.1 South Africa Industrial Lifting Equipment Market by Type
11.4.7.1.2 South Africa Industrial Lifting Equipment Market by Mechanism
11.4.7.1.3 South Africa Industrial Lifting Equipment Market by Installation
11.4.7.1.4 South Africa Industrial Lifting Equipment Market by Application
11.4.7.2 Saudi Arabia Industrial Lifting Equipment Market
11.4.7.2.1 Saudi Arabia Industrial Lifting Equipment Market by Type
11.4.7.2.2 Saudi Arabia Industrial Lifting Equipment Market by Mechanism
11.4.7.2.3 Saudi Arabia Industrial Lifting Equipment Market by Installation
11.4.7.2.4 Saudi Arabia Industrial Lifting Equipment Market by Application
11.4.7.3 U.A.E Industrial Lifting Equipment Market
11.4.7.3.1 U.A.E Industrial Lifting Equipment Market by Type
11.4.7.3.2 U.A.E Industrial Lifting Equipment Market by Mechanism
11.4.7.3.3 U.A.E Industrial Lifting Equipment Market by Installation
11.4.7.3.4 U.A.E Industrial Lifting Equipment Market by Application
11.4.7.4 Rest of Middle East and Africa Industrial Lifting Equipment Market
11.4.7.4.1 Rest of Middle East and Africa Industrial Lifting Equipment Market by Type
11.4.7.4.2 Rest of Middle East and Africa Industrial Lifting Equipment Market by Mechanism
11.4.7.4.3 Rest of Middle East and Africa Industrial Lifting Equipment Market by Installation
11.4.7.4.4 Rest of Middle East and Africa Industrial Lifting Equipment Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Industrial Lifting Equipment Market Overview
11.5.2 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis
11.5.3 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis - By Type
11.5.4 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis - By Mechanism
11.5.5 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis - By Installation
11.5.6 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis - By Application
11.5.7 South and Central America Industrial Lifting Equipment Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Industrial Lifting Equipment Market
11.5.7.1.1 Brazil Industrial Lifting Equipment Market by Type
11.5.7.1.2 Brazil Industrial Lifting Equipment Market by Mechanism
11.5.7.1.3 Brazil Industrial Lifting Equipment Market by Installation
11.5.7.1.4 Brazil Industrial Lifting Equipment Market by Application
11.5.7.2 Argentina Industrial Lifting Equipment Market
11.5.7.2.1 Argentina Industrial Lifting Equipment Market by Type
11.5.7.2.2 Argentina Industrial Lifting Equipment Market by Mechanism
11.5.7.2.3 Argentina Industrial Lifting Equipment Market by Installation
11.5.7.2.4 Argentina Industrial Lifting Equipment Market by Application
11.5.7.3 Rest of South and Central America Industrial Lifting Equipment Market
11.5.7.3.1 Rest of South and Central America Industrial Lifting Equipment Market by Type
11.5.7.3.2 Rest of South and Central America Industrial Lifting Equipment Market by Mechanism
11.5.7.3.3 Rest of South and Central America Industrial Lifting Equipment Market by Installation
11.5.7.3.4 Rest of South and Central America Industrial Lifting Equipment Market by Application
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. INDUSTRIAL LIFTING EQUIPMENT MARKET, KEY COMPANY PROFILES
13.1. KION GROUP AG
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ABUS CRANE SYSTEMS GMBH
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CARGOTEC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CROWN EQUIPMENT CORPORATION
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. DAIFUKU CO., LTD
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. KONECRANES
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. LIEBHERR GROUP
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. MITSUBISHI LOGISNEXT EUROPE B.V.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TEREX CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. TOYOTA INDUSTRIES CORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. KION GROUP AG
2. ABUS Crane Systems GmbH
3. Cargotec
4. Crown Equipment Corporation
5. Daifuku Co., Ltd
6. Konecranes
7. Liebherr Group
8. Mitsubishi Logisnext Europe B.V.
9. Terex Corporation
10. TOYOTA INDUSTRIES CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.