Global hydraulic load bearing and lifting equipment market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
The hydraulic load bearing and lifting equipment market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 417 million by 2025, with an anticipated CAGR of 5.6% through 2025.
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A hydraulic load bearing and lifting equipment is an equipment which is majorly used for shifting the materials or products from place to place. The hydraulic load bearing and lifting equipments are operated manually, and are offered in two types, namely chain, and lever types. Rising industrialization in all the developing economies is creating a noteworthy growth prospects for manual hoists, which will drive this market at a decent CAGR till the projected period. Rising competition from electric hoists is one of the key factors restricting the growth of this market from growth. Moreover, lack of technical professionals in the developing economies creates an added restriction to this market growth.
Manual chain hoists are predicted to cross over USD 370.0 million till 2025, rising at CAGR near to 5.6% in the studied period. Due to their high capacities, and easiness in operation, they are preferred by the consumers over lever hoists.
The load bearing capacity range of 0.5 – 20.0 tons in manual chain hoists are predicted to reach USD 240.0 million till end of the forecast period. The load bearing capacity range of 5.1 – 10.0 tons in lever hoists are predicted to surpass USD 35.0 million till the end of 2025.
In terms of end-user, the hydraulic load bearing and lifting equipment market for metal processing is expected to exceed USD 83.0 million till 2025, rising at CAGR of 5.9%. Metal processing industries generally requires heavy load transportation from one place to another, thus the product is essentially required for swift day to day business operations, resulting in bright growth prospect for the business in near future.
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The Asia Pacific regional hydraulic load bearing and lifting equipment market is predicted to have the lion’s share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America manual hoist market will also have a decent share by the end of 2025 and will have a size of over USD 100.0 million at the end of 2025.
Some of the primary players of global hydraulic load bearing and lifting equipment market include OZ Lifting Products, Vulcan Compagnie de Palans Ltee, Tractel, Venus Engineers, Columbus McKinnon, and Ingersoll-Rand plc among others.
Partial Chapter of the Table of Content
Chapter 3. Hydraulic load bearing and lifting equipment Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
188.8.131.52. List of key manufacturers/suppliers
184.108.40.206. List of key/potential customers
3.4. Innovation & sustainability
3.4.1. Patent dashboard
3.4.2. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
220.127.116.11. Global drivers
18.104.22.168. Regional drivers
3.5.2. Industry pitfalls & challenges
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3.6. Regulatory landscape
3.7. Growth potential analysis, manual chain hoists
3.8. Growth potential hoists, lever hoists
3.9. Price trends, hydraulic chain hoists
3.9.1. Cost structure analysis
22.214.171.124. R&D cost
126.96.36.199. Manufacturing & equipment cost
188.8.131.52. Raw material cost
184.108.40.206. Distribution cost
220.127.116.11. Operating cost
18.104.22.168. Miscellaneous cost
3.9.2. Average price, by load bearing capacity, 2014 – 2025
3.9.3. Average price, by end-user, 2014 – 2025
3.9.4. Average price, by region, 2014 – 2025
3.10. Price trends, hydraulic lever hoists
3.10.1. Cost structure analysis
22.214.171.124. R&D cost
126.96.36.199. Manufacturing & equipment cost
188.8.131.52. Raw material cost
184.108.40.206. Distribution cost
220.127.116.11. Operating cost
18.104.22.168. Miscellaneous cost
3.10.2. Average price, by load bearing capacity, 2014 – 2025
3.10.3. Average price, by end-user, 2014 – 2025
3.10.4. Average price, by region, 2014 – 2025
3.11. Competitive landscape, 2017
3.11.1. Company market share, 2017
3.11.2. Key stakeholders
3.11.3. Strategy dashboard
3.12. Porter’s analysis
3.12.1. Supplier power
3.12.2. Buyer power
3.12.3. Threat of new entrants
3.12.4. Threat of substitutes
3.12.5. Industry rivalry
3.13. PESTEL analysis
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