Global Electric Hoist Market Analysis and Outlook 2023
DUBLIN, Aug. 18, 2023 /PRNewswire/ -- The "Electric Hoist Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global electric hoist market is expected to reach $1.80 billion by 2028, growing at a CAGR of 6.1% from 2023 to 2028. The market presents promising opportunities in construction, energy, aerospace, and transportation applications. Key drivers for market growth include the increasing demand for technologically advanced material handling solutions in various industries and the need for automation-based equipment to enhance output with minimal human labor.
Major players in the electric hoist market compete based on product quality and invest in manufacturing facilities, R&D, infrastructural development, and integration opportunities to meet increasing demand and expand their customer base. Some of the companies profiled in the report include Tianjing Kunda Hoisting Equipment, IMER International, ABUS Kransysteme, Street Crane Company, Ingersoll Rand, and Konecranes.
The report forecasts that the electric chain hoist segment will witness higher growth due to its capacity to handle large machinery and stainless steel construction. The construction application segment is expected to remain the largest due to increasing construction activities and government investments in infrastructure development. Asia Pacific is projected to be the largest region, driven by rapid urbanization and government investments in infrastructure.
The report provides valuable insights into the electric hoist market, including trend analysis, segmentation by various factors, regional breakdown, growth opportunities, and strategic analysis based on Porter's Five Forces model. The future of the electric hoist market looks promising as it caters to the increasing demand for advanced material handling solutions and automation in various industries, presenting significant growth opportunities for market players.
Key Topics Covered1. Executive Summary2. Global Electric Hoist Market: Market Dynamics2.1: Introduction, Background, and Classifications2.2: Supply Chain2.3: Industry Drivers and Challenges3. Market Trends and Forecast Analysis from 2017 to 20283.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)3.2: Global Electric Hoist Market Trends (2017-2022) and Forecast (2023-2028)3.3: Global Electric Hoist Market by Product Type3.3.1: Electric Wire Hoists3.3.2: Electric Chain Hoists3.3.3: Others3.4: Global Electric Hoist Market by Application3.4.1: Construction3.4.2: Energy3.4.3: Aerospace3.4.4: Transportation3.4.5: Others4. Market Trends and Forecast Analysis by Region from 2017 to 20284.1: Global Electric Hoist Market by Region4.2: North American Electric Hoist Market4.3: European Electric Hoist Market4.4: APAC Electric Hoist Market4.5: RoW Electric Hoist Market5. Competitor Analysis5.1: Product Portfolio Analysis5.2: Operational Integration5.3: Porter's Five Forces Analysis6. Growth Opportunities and Strategic Analysis6.1: Growth Opportunity Analysis6.2: Emerging Trends in the Global Electric Hoist Market6.3: Strategic Analysis6.3.1: New Product Development6.3.2: Capacity Expansion of the Global Electric Hoist Market6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Hoist Market6.3.4: Certification and Licensing7. Company Profiles of Leading Players7.1: Tianjing Kunda Hoisting Equipment7.2: IMER International7.3: ABUS Kransysteme7.4: Street Crane Company7.5: Ingersoll Rand7.6: KonecranesFor more information about this report visit https://www.researchandmarkets.com/r/gw3d3h
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