Electric hoist Market Outlook 2026: Top Companies, Trends and Future Prospects Details for Business Development

Report marketgrowthreports.com latest publication, Electric hoist Market Research Report 2020, what’s more, offers a wise interpretation of the drivers and limitations present in the market. It evaluates the verifiable information involving to the Electric hoist market and looks at it to the present market patterns to give the checks a definite investigation of the direction of the market. A group topic specialists have given the subjective and quantitative information about the market and the different components related with it. Moreover, this report incorporates a precise serious investigation of significant market players and their systems during the projection course of events.

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.,

Electric hoist  Market competition by Top Countries manufacturers/ Key player Data Profiled:

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,

And More……

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Electric hoist Market Segment by Type covers:

  • Electric Chain Hoist
  • Electric Wire Hoist
  • Other Electric Hoist

    Electric hoist Market Segment by Applications can be divided into:

  • Factories
  • Construction Sites
  • Marinas & Shipyards
  • Mining & Excavating Operation
  • Warehouse
  • Others

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    China and USA are the o dominant producer regions of electric hoist; the production of electric hoist respectively is 423 K Units and 458 K Units in 2015, according about 24.86% and 26.92% of the total amount. China and USA are also the biggest consumer of electric hoist, with the consumption market share of about 19.61% and 27.78% in 2015. Europe is the second largest production area, with the market share of 20.58% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve., Leading players in hoist industry are Columbus McKinnon, Kito, Terex, Konecranes. Kito is the largest manufacturer, occupies about 18.53% share of the market. Li An Machinery is the leader player in China, with the market share of about 1.51% in 2015. , By application, Construction Sites accounted for the largest market with about 28.33% of the global volume for electric hoist in 2015. Moreover, it is anticipated to grow at a significant CAGR of 4.43% during the forecast period. With over 23.39% share in the global electric hoist market, the Marinas & Shipyards was the second largest application market for global electric hoist in 2015, and is anticipated to grow at a slightly low CAGR of 4.12%, in terms of volume, during the forecast period., The electric price of hoist is lower year by year from 1274 USD/Unit in 2011 to 1189 USD/Unit in 2015. The product profit margin is about 29.72% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing., The worldwide market for Electric hoist is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 1990 million US$ in 2024, from 1630 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the Electric hoist in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,

     Regional analysis covers:

    1. North America (USA, Canada and Mexico)
    2. Europe (Germany, France, UK, Russia and Italy)
    3. Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    4. South America (Brazil, Argentina, Columbia etc.)
    5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    The report provides an in-depth knowledge of the Global Electric hoist market scenario:

    • Market Overview
    • Market Analysis by Regions
    • Market Dynamics & Companies Profiles, Business Overview
    • Data Source
    • Research Findings and Conclusion
    • Market trends & developments
    • Company profiles of leading companies

    The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Electric hoist market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Electric hoist market are also given.

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