Abstract, Snapshot, Market Analysis & Market Definition: World Electric hoist Market
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.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. In 2019, the market size of Electric hoist is 1688.1 million US$ and it will reach 2147.7 million US$ in 2025, growing at a CAGR of 3.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric hoist. This report studies the global market size of Electric hoist, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Electric hoist production, revenue, market share, and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation, Outlook & Viewpoint: World Electric hoist Market
Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: Electric Chain Hoist
Electric Wire Hoist
Other Electric Hoist
Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025:
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others
Top Companies & Key Players: World Electric hoist Market
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
Key Insights Covered: World Electric hoist Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of Electric hoist industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of Electric hoist industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of Electric hoist industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Electric hoist industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Electric hoist industry.
Research Methodology: Global Electric hoist Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.