This report studies the global Hoist industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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China is the dominant producer and exporter of hoist, the production of hoist is 1689 K Unit in 2015, according about 42.02% of the total amount. China is also the biggest consumer of hoist, with the consumption market share of about 49.04% in 2015. Europe is the second largest production area, with the market share of 23.31% 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. Columbus McKinnon is the largest manufacturer, occupies about 10.62% share of the market. Beijing Lieying is the leader player in China, with the market share of about 6.48% in 2015.
The global Hoist market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
This research report categorizes the China and global Hoist market by type, end-use industry, and region.
International Manufacturers Covered
- Columbus McKinnon
- Ingersoll Rand
- J.D. Neuhaus
- Imer International
- ABLE FORGE
- Endo Kogyo
China Local Manufacturers Covered
- Beijing Lieying
- Shanghai Yiying
- Xi’an Liba
- Hebei Jingge
- Beijing lingying
- Nanjing Jingming
- Nucleon (Xinxiang)
- DL Heavy
- Cheng Day
- Manual Hoists
- Electric Hoists
- Air Hoists
- Hydraulic Hoists
- Construction Sites
- Marinas & Shipyards
- Mining & Excavating Operation
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- United States