 Global Hoist Market Growth 2019-2024
      Global Hoist Market Growth 2019-2024A 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.
In the hoist market, high-end products are mainly produced by developed countries. China is the dominator of the middle and low end products. With its low price, hoist produced in China are popular around the world, especially in Southeast Asia, Africa, South America and the Middle East development countries and regions.
As the necessary industrial equipment, hoist can be used in every walk of life, including oil, petrochemical, petrol, oil depot, gas, chemical, military, electricity, mining, electronics, railway and other industries.
The global oil refinery market is expected to increase due to rising energy demand, evolving technology and new sources of the crude oil explored during the forecast period. And the oil refineries market is currently undergoing a significant reorientation, with demand moving away from the traditional strongholds of Europe and North America to other regions of the world. Growing demand from end-use industries around the world is expected to drive growth in the global petrochemical market over the next seven years. On the supply side, abundant raw material availability in the Middle East is expected to have a positive impact on growth of the petrochemical market. The shale gas boom in North America and rapidly expanding exploration & production activities in China are also likely to drive the global market.
According to this study, over the next five years the Hoist market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 4010 million by 2024, from US$ 3240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hoist business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hoist market by product type, application, key manufacturers and key regions and countries.
This study considers the Hoist value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Manual Hoists
    Electric Hoists
    Air Hoists
    Hydraulic Hoists
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Factories
    Construction Sites
    Marinas & Shipyards
    Mining & Excavating Operation
    Warehouse
    Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Columbus McKinnon
    Kito
    Terex
    Konecranes
    Ingersoll Rand
    TRACTEL
    PLANETA
    Hitachi
    KAWASAKI
    J.D. Neuhaus
    TOYO
    ABUS
    Imer International
    VERLINDE
    DAESAN
    ABLE FORGE
    Endo Kogyo
    Shanghai Yiying
    Xi'an Liba
    TBM
    Zhejiang Wuyi Machinery
    Beijing Lingying
    Nanjing Jingming
    Nucleon (Xinxiang)
    DL Heavy
    Mode
    Cheng Day
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Hoist consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Hoist market by identifying its various subsegments.
    Focuses on the key global Hoist manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Hoist with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Hoist submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on Hoist . Industry analysis & Market Report on Hoist  is a syndicated market report, published as Global Hoist Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Hoist  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.