New reports suggest strong growth for global Hoists market

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A hoist is a mechanical device for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload.
A basic hoist is defined by two chief characteristics. The first is the lifting medium, which may be a wire rope wrapped around a drum or a chain raised by a pulley. The second is the type of power utilized by the hoist. Common power-sources are hydraulics, electricity, air driven motors, and, in the case of a manual hoist, muscle power.

Scope of the Report:
Hoist is a fragmented market with a tail of manufacturers from transnational players to small private companies. However, the leading companies grasped the major market share. For example, in North America, Columbus McKinnon takes about half share of the total market. In Japan and China, KITO is the leading player, while the market is more fragmented. Demag from Terex(Now Konecranes), Stahl from Konecranes( Now Columbus McKinnon) and TRACTEL (mainly manual hoist) are leading suppliers in Europe. In Asia Pacific market, Kito is the market leader with revenue share of 16.91% in 2017. Other leading suppliers in Asia include Hitachi, TOYO and KAWASAKI from Japan, Xi’an Liba, TBM and Zhejiang Wuyi Machinery from China.
Hoist can be classified as Manual Hoists, Electric Hoists, Hydraulic Hoists and Air Hoists by power-sources. Manual Hoists is the most widely used hoist type with 69.99% of the market sales. However, its revenue share is only valued at 33.34% in 2017, due to its cheap average price. Electric Hoists takes volume share of Asia-Pacific Hoists market at 28.09% in 2017, while it takes nearly a half of total revenue market. Hydraulic Hoists and Air Hoists are high end products that only used in specific territory.
Factories accounted for the largest market with about 26.21% of the total market for hoist in 2017. Moreover, it is anticipated to grow at a significant CAGR of 4.73% during the forecast period. With over 18.19% share in the Asia Pacific hoist market, the construction sites was the second largest application market for global hoist in 2017, and is anticipated to grow at a slightly low CAGR of 3.97%, in terms of value, during the forecast period.
The worldwide market for Hoists is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new Research study.
This report focuses on the Hoists in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Get a FREE sample Copy of this report : https://www.1marketresearch.com/market-reports/hoists-market-industry-report-118046#requestSample

Market Segment by Manufacturers, this report covers

Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
TOYO
Imer International
DAESAN
Endo Kogyo
Shanghai Yiying
Xi’an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
DL Heavy
Mode
Cheng Day

Browse Report :https://www.1marketresearch.com/market-reports/hoists-market-industry-report-118046

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists

Market Segment by Applications, can be divided into
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Other

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hoists product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Hoists, with price, sales, revenue and global market share of Hoists in 2017 and 2018.
Chapter 3, the Hoists competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hoists breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Hoists market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Hoists sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Jennifer Cantell

Jennifer Cantelli was born and raised in the busy city of Lancaster.  As a journalist, Jennifer has contributed to many online publications including the The Crimson White and USA Today.  In regards to academics, Jennifer earned a degree in business from Carnegie Mellon University and an master’s degree from Temple University.  Jennifer follows the money and covers all aspects of state and federal economy.here at Times Records.

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Jennifer Cantell

About the Author: Jennifer Cantell

Jennifer Cantelli was born and raised in the busy city of Lancaster.  As a journalist, Jennifer has contributed to many online publications including the The Crimson White and USA Today.  In regards to academics, Jennifer earned a degree in business from Carnegie Mellon University and an master's degree from Temple University.  Jennifer follows the money and covers all aspects of state and federal economy.here at Times Records.