Global Industrial Lifting Equipment Market is expected to rise from its initial estimated value of USD 64.25 billion in 2019 to a projected value of USD 90.25 billion by 2026, registering a CAGR of 4.34% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in demand from shipping industry which has been caused due to the growth in usage of e-commerce market.
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Here are the names of top key players which are covered in this report:
Anhui Heli Co., Ltd.; HAULOTTE GROUP; Ingersoll-Rand plc; SSAB; Zoomlion Heavy Industry Science&Technology Co., Ltd.; Hyster-Yale Materials Handling, Inc.,; PALFINGER AG; Cargotec Corporation; Columbus McKinnon Corporation; TOYOTA INDUSTRIES CORPORATION; KITO CORPORATION; XCMG Group; Linamar; Terex Corporation; Jungheinrich AG; Liebherr Group; Konecranes; Manitowoc; Tadano Ltd.; Crown Equipment Corporation; Mammoet; Komatsu Ltd.; Zhenhua and MITSUBISHI LOGISNEXT CO.,LTD
Industrial lifting equipment can be defined as those semiconductor devices and equipments that find their usage in various heavy-duty industries for lifting other machineries and products created by these industries. These devices are used to reduce the workload and human errors in lifting and transportation of products and other machineries from a specific location to other.
- Growth of the usage of warehousing & logistics industry has resulted in increased demand for lifting equipments; this factor is expected to drive the market growth
- Increase in the demand for the product from mining and construction industries due to the rise in levels of industrialization activities; this factor is expected to drive the market growth
- Requirement of large capital funds for the requirement of installation of these products; this factor is expected to restrain the market growth
This report contains wide-ranging and comprehensive market insights which are based on business intelligence. This market report provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market. This market is expected to witness growth during the forecast period due to growing demand at the end user level. The report puts a light on several aspects related to industry and market.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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Market Segmentation: Global Industrial Lifting Equipment Market
By Product (Forklift, Aerial Work Platforms, Cranes, Hoists)
End-Use Industry (Construction, Aerospace & Defense, Shipping & Material Handling, Mining, Automotive & Railway, Marine, Energy & Power, Others)
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Reasons to Purchase this Report:
- Current and future of Global Industrial Lifting Equipment Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
This section involves analysis of various key players’ who are intensely competitive and may prove to be a real threat for the entrants. This is essential because new market players should know about the level of competition, they might have to deal with in this Industrial Lifting Equipment market.
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