The global hydraulic hoist market is estimated to grow at a CAGR of over 5% during the forecast period. The hydraulic hoists are used for handling, lifting and transferring materials from one place to another. It is used in various applications in a number of end-user industries such as mining & metal processing, cement, chemical, and others. The factors that are contributing to the growth of the market include, the growing industrialization sector, growth in end-user industries, and increasing demand for material handling equipment in various industry verticals such as chemical, metal, and others.
Additionally, hydraulic hoists are used for the monitoring and the chemical handling, in the chemical warehouses and the transfer of raw materials to the production site, which further increases the demand for the market over the forecast period. However, factors such as lack of technical expertise and personnel for equipment handling may serve as limiting factors for the market during the forecast period.
Segmental Outlook
The global hydraulic hoist market is segmented on the basis of type, load-bearing capacity, and end-user. Based on the type, the hydraulic hoist market is bifurcated into the hydraulic chain and hydraulic lever. Based on the load-bearing capacity, the hydraulic hoist market is segmented into chain (0.5 - 20.0 Tons, 20.1 - 50.0 Tons, 50.1 - 75.0 Tons, and 75.1 - 100.0 Tons), and lever (0.5 - 5.0 Tons, 5.1 - 10.0 Tons, and 10.1 - 15.0 Tons). And based on the end-user, the hydraulic hoist market is divided into mining & metal processing, automotive, chemical, construction, and others.
Mining & Metal Processing and Construction Segment to Contribute Significant Share in the Market During the Forecast Period
Based on the end-user, the hydraulic hoist market is sectioned as metal processing, automotive, chemical, mining, construction, and others. The metal processing and construction segment holds the most significant share in the global hydraulic hoist market during the forecast period. This is attributed to the rapid urbanization and industrialization in the economies. This leads to the increased demands of the equipment and which in turn propels the growth of the market during the forecast period.
Global Hydraulic Hoist Market, by Type 2018 (%)
Hydraulic Chain Segment to Hold a Considerable Share in the Global Market over the Forecast Period
Based on the type, the hydraulic hoist market is bifurcated into chain and lever. The chain segment holds the most significant share in the global hydraulic hoist market. This is attributed to the higher load-bearing capacity of chain hydraulic hoist. The load-bearing capacity of chain hydraulic hoists ranges from 0.5 – 100.0 Tons, whereas the load-bearing capacity of lever hydraulic hoists ranges from 0.5 – 15.0 Tons. Moreover, due to the easiness of the operation, and less service required, as compared to lever hoists, the chain segment holds the most significant share in the market over the forecast period.
Global Hydraulic Hoist Market, by End-user 2018 (%)
Regional Outlook
Based on the geographical viewpoint, the global hydraulic hoist market is segmented as North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is estimated to hold the most significant share in the market. This is attributed to the rising urbanization coupled with rapid industrialization, especially in the regions including India, China, and Japan. Moreover, as the urban population is increasing at a rapid rate, it creates demand for more and more constructional development which in turn requires the hoists and crane equipment. In addition, the small and medium scale constructional activities require this equipment and thus positively affecting the overall growth of the hydraulic hoist market during the forecast period.
Global Hydraulic Hoist Market, by Region 2018 (%)
Market Players Outlook
Some of the prominent players operating in the global hydraulic hoist market include Ingersoll-Rand Plc, Columbus McKinnon Corp., KITO Group, JDN Group, Vital Industries Corp, Konecranes Oyj, OZ Lifting Products, and Tractel among others. These manufacturers opt for various strategies including collaboration, merger, and acquisition, new product launch in order to meet the increasing demand in the global hydraulic hoist market.
For instance, In June 2018, the JDN Group enhanced its product portfolio of hoists and cranes by adding radio remote control and further enhancing its control capabilities. JDN Group has launched three models for compact hoist controls for use in hard-to-reach areas. The models named, RC-X, RC-S, and RC-SP along with a transmitter and receiver, can be integrated into existing JDN solutions or can be combined directly with a new hoist.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Ingersoll-Rand Plc
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Columbus McKinnon Corp.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. KITO Group
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. JDN Group
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.4.5. Konecranes Oyj
3.2.4.6. Overview
3.2.4.7. Financial Analysis
3.2.4.8. SWOT Analysis
3.2.4.9. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Hydraulic hoist Market by Type
5.1.1. Chain
5.1.2. Lever
5.2. Global Hydraulic hoist Market by Load Bearing Capacity
5.2.1. Chain
5.2.1.1. 0.5 - 20.0 Tons
5.2.1.2. 20.1 - 50.0 Tons
5.2.1.3. 50.1 - 75.0 Tons
5.2.1.4. 75.1 - 100.0 Tons
5.2.2. Lever
5.2.2.1. 0.5 - 5.0 Tons
5.2.2.2. 5.1 - 10.0 Tons
5.2.2.3. 10.1 - 15.0 Tons
5.3. Global Hydraulic hoist Market by End-user
5.3.1. Mining & Metal Processing
5.3.2. Automotive
5.3.3. Chemical
5.3.4. Construction
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Air Technical Industries
7.2. Atlantic Equipment
7.3. Columbus McKinnon Corp.
7.4. Godwin Manufacturing Co. Inc.
7.5. haacon hebetechnik GmbH
7.6. Harrington Hoists, Inc.
7.7. Ingersoll-Rand Plc
7.8. JDN Group
7.9. KITO Group
7.10. MHE- Demag (S) Pte Ltd.
7.11. OZ Lifting Products LLC
7.12. Tractel S.A.S.
7.13. Unidex Inc.
7.14. Venus Engineers
7.15. Vital Industries Corp.
7.16. Vulcan Compagnie de Palans Ltée
7.17. WPT Power Corp.
1. GLOBAL HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL HYDRAULIC CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL HYDRAULIC LEVER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY LOAD BEARING CAPACITY, 2018-2025 ($ MILLION)
5. GLOBAL 0.5 - 20.0 TONS HYDRAULIC CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL 20.1 - 50.0 TONS HYDRAULIC CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL 50.1 - 75.0 TONS HYDRAULIC CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL 75.1 - 100.0 TONS HYDRAULIC CHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL 0.5 - 5.0 TONS HYDRAULIC LEVER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL 5.1 - 10.0 TONS HYDRAULIC LEVER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL 10.1 - 15.0 TONS HYDRAULIC LEVER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
13. GLOBAL HYDRAULIC HOIST IN MINING & METAL PROCESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL HYDRAULIC HOIST IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL HYDRAULIC HOIST IN CHEMICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL HYDRAULIC HOIST IN CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL HYDRAULIC HOIST IN OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
20. NORTH AMERICAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
21. NORTH AMERICAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY LOAD BEARING CAPACITY, 2018-2025 ($ MILLION)
22. NORTH AMERICAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
23. EUROPEAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
24. EUROPEAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
25. EUROPEAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY LOAD BEARING CAPACITY, 2018-2025 ($ MILLION)
26. EUROPEAN HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY LOAD BEARING CAPACITY, 2018-2025 ($ MILLION)
30. ASIA-PACIFIC HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
31. REST OF THE WORLD HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
32. REST OF THE WORLD HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY LOAD BEARING CAPACITY, 2018-2025 ($ MILLION)
33. REST OF THE WORLD HYDRAULIC HOIST MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL HYDRAULIC HOIST MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL HYDRAULIC HOIST MARKET SHARE BY LOAD BEARING CAPACITY, 2018 VS 2025 (%)
3. GLOBAL HYDRAULIC HOIST MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL HYDRAULIC HOIST MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
7. UK HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD HYDRAULIC HOIST MARKET SIZE, 2018-2025 ($ MILLION)