Electric Hoist Market Regional Trend & Growth Projections By 2019-2025 | Revenue US$ 3.4 BN | 7.3 % CAGR

Global Market Insights, Inc. has recently added a new report on electric hoist market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of hoist industry.

Selbyville, United States - July 22, 2019 /MarketersMedia/ —

Electric Hoist Market for aerospace had key share of electric hoist market by end of 2017, and would reach USD 860.0 million till 2025, rising at CAGR more than 7.3% by end of forecast timespan. Hoist finds major applications in material handle operations. It can be used to shift heavy-weight materials easily. The electric hoists? demand will grow significantly over the projected timeframe, owing to massive material handling and transportation applications in construction and manufacturing industry. The demand for electric hoists is majorly from the construction end-user, primarily in both the developing and developed nations.

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Electric wire hoist market is expected to reach more than USD 2.5 billion till 2025, increasing over CAGR more than 7.3% in the entire forecast timeframe. Wire range of load capacities, and the ability to customize the hoists according to their load capacities, are the major factors accounting to the increase of global electric wire hoist market by end of forecast span.

Electric chain hoists with load capacity in between 5.1? 10.0-ton capacity will witness a significant market growth and might cross over USD 200.0 million till 2025. This will hold a significant part of global chain hoist market till 2025. Electric wire hoists of load range between 0.5 ? 10.0 tons are projected to reach over USD 1.0 billion till the end of 2025, growing at CAGR higher over 7.3%.

Browse key industry insights spread across 270 pages with 368 market data tables & 33 figures & charts from the report, “Electric Hoist Market Size By Type (Chain, Wire), By Load Bearing Capacity (Chain [0.25 - 5.0 Tons, 5.1 - 10.0 Tons, 10.1 - 15.0 Tons, 15.1 - 20.0 Tons, 20.0 - 32.0 Tons], Wire [0.5 - 10.0 Tons, 10.0 - 15.0 Tons, 15.0 - 20.0 Tons]), By End-User (Aerospace, Automotive & Transportation, Construction, Energy, Marine), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Spain, Russia, China, Japan, India, South Korea, Malaysia, Mexico, Argentina, Brazil, Colombia, Saudi Arabia, UAE, South Africa, Oman, Qatar, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/electric-hoist-market

Asia Pacific electric hoist market would reach more than USD 950.0 million till close of 2025, increasing at CAGR more than 7.5%. The North America electric hoist market is predicted to be second-highest market in market revenue, which would increase at CAGR of 7.4% by end of projected timeframe.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

Ingersoll-Rand plc
Konecranes Oyj
Columbus McKinnon
Hitachi Industrial Equipment Systems Co., Ltd.
KITO Group
Komatsu Ltd.
Reva Industries Ltd.
SIGMA Hoist Company Pvt. Ltd.
Harrington Hoists, Inc.
Beta Max Hoist
Terex Corporation
ABUS Kransysteme GmbH
SWF Krantechnik GmbH

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Primary players of global electric hoist market include Konecranes, Columbus McKinnon, Hitachi Industrial, RAM, Ace Industries, Jiangsu Jiali Hoisting Machinery Manufacturing, Tiger Lifting, Harrington Hoist, ABUS Kransysteme, Coffing Hoist, Milwaukee, Budgit Hoist, JET, Toronto Electric, Demag, and Granada among others.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights
Phone: 1-888-689-0688
Website: https://www.gminsights.com/industry-analysis/electric-hoist-market

Source URL: https://marketersmedia.com/electric-hoist-market-regional-trend-growth-projections-by-2019-2025-revenue-us-34-bn-73-cagr/88899761

Source: MarketersMedia

Release ID: 88899761

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