Electric Wire Rope Hoist Market - Global Outlook & Forecast 2024-2029

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THE GLOBAL ELECTRIC WIRE ROPE HOIST MARKET SIZE IS EXPECTED TO REACH USD 1.30 BILLION BY 2029 FROM USD 814 MILLION IN 2023, GROWING AT A CAGR OF 8.21% DURING THE FORECAST PERIOD.

The Global Electric Wire Rope Hoist Market Size, Share, & Trends Analysis Report By

  1. Capacity: Up to 1 Ton, 1 to 3 Ton, 4 to 6 Ton, 7 to 10 Ton, and More than 10 Ton
  2. Height: Up to 10m, 11 to 20m, 21 to 40m, 41 to 80m, and More than 80m
  3. Distribution Channel: Offline and Online
  4. Application: Industrial Manufacturing, Construction, Oil & Gas, Mining, Automotive, Aerospace, and Others
  5. Geography: North America, Europe, APAC, Latin America, and Middle East & Africa

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.

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ELECTRIC WIRE ROPE HOIST MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
Market Size (2029)USD 1.30 Billion
Market Size (2023)USD 814 Million
CAGR (2023-2029)8.21%
HISTORIC YEAR2020-2022
BASE YEAR2023
FORECAST YEAR2024-2029
SEGMENTS BYCapacity, Height, Distribution Channel, Application, and Geography
GEOGRAPHIC ANALYSIS North America, Europe, APAC, Latin America, and Middle East & Africa
KEY PLAYERSABUS Kransysteme GmbH, Columbus McKinnon Corporation, Demag Cranes & Components GmbH, Hitachi, Ltd., IMER International S.p.A., JASO Industrial Cranes, KITO Corporation, Konecranes, Street Crane Company Limited, Verlinde
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MARKET OUTLOOK

The global electric wire rope hoist market was valued at USD 814.00 million in 2023 and is expected to reach USD 1.30 billion by 2029, growing at a CAGR of 8.21% during the forecast period. The market is experiencing robust growth, propelled by the surge in industrial activities, expansive infrastructure projects, and continuous innovations in material handling technologies. As diverse sectors worldwide, from construction and manufacturing to logistics and mining, demand more efficient and secure methods for lifting and transporting heavy loads, electric wire rope hoists have emerged as essential tools. These hoists are preferred for their exceptional load-bearing capacity, reliability, and precision in managing complex lifting operations. The advent of smart technologies has revolutionized these hoists, integrating features like real-time data analytics, remote monitoring, and predictive maintenance. Such advancements enhance operational efficiency and significantly reduce downtime and maintenance costs, positioning electric wire rope hoists as vital assets in streamlining industrial productivity. Furthermore, the U.S. is the leading country globally in the electric wire rope hoist market. Also, the construction industry is constantly evolving with micro and macro environmental factors. It is also externally shaped based on the equipment and technology available. With considerable upgrades in business models and operation techniques, the market can witness further traction supported by stringent safety policies.

TECHNOLOGICAL ADVANCES

The improvement of electric wire rope hoists has significantly evolved due to rapid technological advancements, enhancing their efficiency, safety, and versatility in material handling across various industries. These innovations have transformed traditional lifting equipment into sophisticated machines capable of meeting the complex demands of modern industrial environments.

  1. Smart and Connected Hoists: The most notable advancement in the electric wire rope hoist market is the integration of smart technologies. Modern electric wire rope hoists now feature sensors and IoT connectivity that enable real-time monitoring and data analytics. This connectivity allows for remote operation and diagnostics, providing operators with critical information about load weight, hoist performance, and maintenance needs. By analyzing this data, companies can predict potential issues before they lead to equipment failure, reducing downtime and maintenance costs. Konecranes, for example, has developed smart hoists that offer enhanced operational insights and predictive maintenance capabilities, setting new standards for efficiency and reliability in lifting operations.
  2. Enhanced Safety Features: Safety is vital in lifting operations, and recent technological advancements have significantly improved the safety features of electric wire rope hoists. Innovations such as overload protection systems, anti-collision devices, and automatic brake systems are now standard in many hoists. These features prevent accidents by ensuring that the hoist operates within safe parameters and stops automatically in case of a malfunction or excessive load. Additionally, advanced safety monitoring systems can provide real-time alerts to operators about potential hazards, further enhancing the safe operation of hoists in dynamic industrial settings.
  3. Advanced Control Systems: The introduction of sophisticated control systems has revolutionized the precision and ease of operating in the electric wire rope hoist market. Variable frequency drives (VFDs) are commonly used to provide smooth and precise control over hoist speed and movement. This capability is crucial for delicate lifting tasks where precision is essential. Moreover, advanced joystick or touchscreen controls allow operators to manage hoist operations with greater accuracy and less physical strain. These control systems also enable programmable lifting patterns and automatic positioning, which are particularly useful in repetitive lifting tasks and increase overall productivity.
  4. Lightweight and High-Strength Materials: The development of new materials has also played a significant role in enhancing the performance of electric wire rope hoists. Using lightweight yet high-strength materials in the construction of hoists has reduced their overall weight while maintaining or even increasing their load capacity. This improvement makes the hoists easier to install and maneuver and contributes to energy efficiency by requiring less power to lift loads.
  5. Energy Efficiency: Advances in motor technology and energy management systems have made modern electric wire rope hoists more energy efficient. High-efficiency motors consume less power, reducing operational costs and environmental impact. Additionally, regenerative braking systems can recover energy during hoisting, enhancing the hoist's performance.
  6. Therefore, the technological advancements in the electric wire rope hoist market have significantly improved their functionality, safety, and efficiency. These innovations continue to evolve, driven by the needs of various industries for reliable, efficient, and versatile lifting solutions. Thus, these several advancements in electric wire rope hoists are anticipated to drive the market globally during the forecast period.

MARKET TRENDS & DRIVERS

Growing Construction Industry

The global electric wire rope hoist market is experiencing significant growth, driven primarily by the expanding construction industry. Electric wire rope hoists, crucial for lifting and moving heavy loads, are indispensable in construction activities. Their efficiency, reliability, and safety features make them a preferred choice in various construction projects, from residential buildings to large-scale infrastructure developments. Also, the construction industry is a major driver of economic growth globally. It encompasses various activities, including residential, commercial, and infrastructure projects. The industry's growth is fueled by urbanization, population growth, and the need for modernization and expansion of infrastructure. According to the Global Construction Perspectives and Oxford Economics, the global construction market is expected to grow by 85% to $15.5 trillion worldwide by 2030, with China, the U.S., and India accounting for 57% of all global growth. This robust growth directly impacts the demand for material handling equipment, including electric wire rope hoists.

Stringent Government Regulations on the Material Handling Industry

Government regulations play a crucial role in shaping the practices and standards within the material handling industry. Government agencies enforce these regulations worldwide to minimize workplace accidents, enhance operational efficiency, and promote sustainable practices. The Occupational Safety and Health Administration (OSHA) enforces standards to ensure safe and healthful working conditions in the US. OSHA regulations cover various material handling aspects, including lifting equipment such as hoists. For instance, OSHA standard 29 CFR 1910.179 mandates specific overhead and gantry crane requirements, including electric wire rope hoists. Compliance with these standards is mandatory, driving companies to adopt high-quality hoists that meet regulatory criteria. Similarly, the European Union (EU) imposes strict regulations through directives such as the Machinery Directive 2006/42/EC. This directive sets essential health and safety requirements for machinery, including hoists and cranes. Manufacturers must ensure that their equipment complies with these directives to be marketed within the EU. The directive requires electric wire rope hoists to undergo rigorous testing and certification to meet safety standards, ensuring their reliability and safe operation in industrial environments. The adherence to these regulations drives demand for compliant hoisting equipment, fostering electric wire rope hoist market growth.

INDUSTRY RESTRAINTS

Lack of Professional Technicians to Operate Hoists

The global electric wire rope hoist market is a crucial material handling equipment industry segment. These hoists are extensively used in various sectors, such as construction, manufacturing, logistics, and mining, where heavy lifting and precise handling are essential. Operating hoists and cranes require a high level of technical skill and training. Professional technicians must understand not only the mechanics and electronics of the equipment but also the safety protocols and operational guidelines. The shortage of skilled professionals in this field has emerged as a critical issue, impacting the efficiency and safety of operations across industries. For instance, a report published by the International Labour Organization (ILO) highlighted that the lack of skilled labor in technical fields, including crane and hoist operation, is a significant challenge in the industrial sector of many African and South Asian countries. This shortage is attributed to insufficient training programs, lack of investment in technical education, and the rapid pace of industrialization that exceeds the supply of skilled labor, which are anticipated to impact the market growth during the forecast period.

SEGMENTATION INSIGHTS

INSIGHTS BY CAPACITY

The global electric wire rope hoist market by capacity is segmented into up to 1 ton, 1 to 3 ton, 4 to 6 ton, 7 to 10 ton, and more than 10 ton. The 1-to-3-ton segment holds the most prominent global market share in 2023. This capacity range balances load-bearing capabilities and versatility, making it ideal for a wide array of industries, from manufacturing and automotive to light construction and warehousing. Businesses prefer hoists in this category for their ability to handle a significant amount of weight without the heavy-duty infrastructure required for larger capacities. Their adaptability and efficient performance in managing moderate loads drive their widespread adoption across various sectors.

INSIGHTS BY HEIGHT

The global electric wire rope hoist market by height is segmented into up to 10m, 11 to 20m, 21 to 40m, 41 to 80m, and more than 80m. The 21 to 40m height segment holds the most significant segmental market share in 2023. This range is particularly favored in industries requiring substantial vertical lifting, such as large warehouses, industrial plants, and high-rise construction projects. Hoists in this category can move loads to considerable heights, which is crucial for operations involving multi-level buildings or tall structures. Their ability to efficiently handle the lifting needs of mid to high-rise tasks without compromising safety or efficiency makes them a popular choice for businesses aiming to optimize vertical space and streamline operations.

INSIGHTS BY DISTRIBUTION CHANNEL

The offline distribution channel holds the largest global electric wire rope hoist market share in 2023. Many businesses still prefer purchasing hoists through traditional offline channels, such as direct sales representatives, specialized equipment stores, and distributors. This preference is often due to the necessity for hands-on product evaluation, personalized customer service, and the immediate availability of technical support and spare parts. Despite online sales growth, the offline approach remains dominant, especially for companies requiring detailed consultations and custom solutions for their lifting needs.

INSIGHTS BY APPLICATION

The global electric wire rope hoist market by application is segmented into industrial manufacturing, construction, oil & gas, mining, automotive, aerospace, and others. By application, the construction segment is expected to be the largest in the global market. The demand for these hoists in construction is driven by the need to lift and move heavy materials and equipment efficiently and safely across building sites. With the rise of large-scale infrastructure projects and urban development, electric wire rope hoists have become indispensable tools for handling the complex lifting requirements in construction. Their robust performance, safety features, and ability to streamline workflows make them essential for enhancing productivity and maintaining safety standards in this dynamic sector.

GEOGRAPHICAL ANALYSIS

The global electric wire rope hoist market is significantly developed in Europe, North America, and APAC, owing to the increasing penetration of electric wire rope hoists. On the other hand, Latin America and the Middle East are highly potential markets with enough opportunity for growth. In 2023, APAC was the largest electric wire rope hoist market, with a revenue share of over 32%. The market in the APAC region is experiencing substantial growth, driven by rapid industrialization, infrastructure development, and advancements in manufacturing technology. Countries such as China, India, Japan, Australia, South Korea, Indonesia, and Singapore are at the forefront of this expansion. Factors including economic growth, technological innovations, and increased investment in industrial and infrastructure projects support the market's robust growth trajectory. Moreover, China leads the market in the region, thanks to its massive industrial base and aggressive infrastructure investments. The country's extensive manufacturing sector requires efficient and reliable material handling solutions, propelling the demand for electric wire rope hoists. China's Belt and Road Initiative also fosters large-scale domestic and international construction projects, further driving market growth.

COMPETITIVE LANDSCAPE

The global electric wire rope hoist market is highly competitive, with the presence of many vendors. The rapid technological changes adversely impact market vendors as end users increasingly expect continuous technology-enabled innovations and upgrades to existing products. The present scenario drives vendors to alter and refine their unique value propositions to achieve a strong market presence. Furthermore, the key players in the global electric wire rope hoist market include ABUS Kransysteme GmbH, Columbus McKinnon Corporation, Demag Cranes & Components GmbH, Hitachi, Ltd., IMER International S.p.A., JASO Industrial Cranes, KITO Corporation, Konecranes, Street Crane Company Limited, and Verlinde. Also, the market is characterized by diversified global and regional vendors. Many vendors are enhancing several product features by increasing efficiency, meeting safety standards, and improving load capacity and height. Such initiatives will enable vendors to gain a competitive edge over other vendors in the market.

As international players continue expanding their footprint in the market, regional vendors will likely find it increasingly difficult to compete with global players. The competition will be solely based on features such as technology, services, and price. The market competition is expected to intensify further with the rising frequency of product/service extensions, technological innovations, and mergers & acquisitions. Also, many international players are expected to expand their reach worldwide during the forecast period, especially in the fast-developing countries across APAC and Latin America. ABUS Kransysteme GmbH and Columbus McKinnon Corporation expected to extend their presence in many markets by investing heavily in the electric wire rope hoist market. Also, companies with better technical and financial resources can develop innovative products, rendering competitors’ products non-competitive and even obsolete before recovering R&D and commercialization costs.

Frequently Asked Questions

What is the growth rate of the global electric wire rope hoist market?

The global electric wire rope hoist market is expected to grow at a CAGR of 8.21% from 2023 to 2029.

How big is the global electric wire rope hoist market?

The global electric wire rope hoist market was valued at USD 814.00 million in 2023 and is expected to reach USD 1.30 billion by 2029.

Who are the key players in the global electric wire rope hoist market?

ABUS Kransysteme GmbH, Columbus McKinnon Corporation, Demag Cranes & Components GmbH, Hitachi, Ltd., IMER International S.p.A., JASO Industrial Cranes, KITO Corporation, Konecranes, Street Crane Company Limited, and Verlinde are the key players in the global electric wire rope hoist market.

What are the significant trends in the electric wire rope hoist market?

Expansion of supply chain networks, advancement in technology and product innovation, and government investments in infrastructure development are significant trends in the electric wire rope hoist industry.

Which region dominates the global electric wire rope hoist market share?

APAC held the largest global electric wire rope hoist market share, accounting for a global share of over 32% in 2023.

The global electric wire rope hoist market size is expected to grow at a CAGR of approximately 8.21% from 2023 to 2029.

The following factors are likely to contribute to the growth of the global electric wire rope hoist market during the forecast period:

  1. Growing Construction Industry
  2. Growing Applications in the Automotive and Transportation Industries
  3. Stringent Government Regulations in the Material Handling Industry

Base Year: 2023

Forecast Year: 2024-2029

The report considers the present scenario of the global electric wire rope hoist market and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

Key Company Profiles

  1. ABUS Kransysteme GmbHBusiness Overview
  2. Product Offerings
  3. Key Strategies
  4. Key Strengths
  5. Key Opportunities
  6. Columbus McKinnon Corporation
  7. Demag Cranes & Components GmbH
  8. Hitachi, Ltd.
  9. IMER International S.p.A.
  10. JASO Industrial Cranes
  11. KITO Corporation
  12. Konecranes
  13. Street Crane Company Limited
  14. Verlinde

Other Prominent Vendors

  1. BEFANBYBusiness Overview
  2. Product Offerings
  3. Key Strategies
  4. Key Strengths
  5. Donati Sollevamenti S.r.l.
  6. GEDA GmbH
  7. GH CRANES & COMPONENTS
  8. Hindustan Hoist & Cranes Industries
  9. Hoist UK
  10. Pegasus Technocrats
  11. REVA INDUSTRIES LTD.
  12. Safex Industries Limited
  13. TBM Hoist International Pvt. Ltd.
  14. Tianjin Kunda Hoisting Equipment Co., Ltd.
  15. Henan Weihua Heavy Machinery Co., LTD.
  16. Henan Feima Lifting Machinery Co., Ltd.

Segmentation by Capacity

  1. Up to 1 Ton
  2. 1 to 3 Ton
  3. 4 to 6 Ton
  4. 7 to 10 Ton
  5. More than 10 Ton

Segmentation by Height

  1. Up to 10m
  2. 11 to 20m
  3. 21 to 40m
  4. 41 to 80m
  5. More than 80m

Segmentation by Distribution Channel

  1. Offline
  2. Online

Segmentation by Application

  1. Industrial Manufacturing
  2. Construction
  3. Oil & Gas
  4. Mining
  5. Automotive
  6. Aerospace
  7. Others

Segmentation by Geography

  1. APACChina
  2. India
  3. Japan
  4. Australia
  5. South Korea
  6. Indonesia
  7. Singapore
  8. North AmericaThe U.S.
  9. Canada
  10. EuropeGermany
  11. The U.K.
  12. France
  13. Italy
  14. Spain
  15. Netherlands
  16. Switzerland
  17. Middle East & AfricaSaudi Arabia
  18. UAE
  19. South Africa
  20. Latin AmericaBrazil
  21. Mexico
  22. Argentina

EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023

EXHIBIT 2 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 3 CAGR OF ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY, 2023–2029

EXHIBIT 4 KEY PLAYERS IN GLOBAL ELECTRIC WIRE ROPE HOIST MARKET

EXHIBIT 5 VALUE CHAIN ANALYSIS OF ELECTRIC WIRE ROPE HOIST MARKET

EXHIBIT 6 IMPACT OF EXPANSION OF SUPPLY CHAIN NETWORKS

EXHIBIT 7 IMPACT OF RAPID TECHNOLOGICAL ADVANCES AND CONTINUOUS PRODUCT INNOVATIONS

EXHIBIT 8 IMPACT OF GOVERNMENT INVESTMENTS IN INFRASTRUCTURE DEVELOPMENT

EXHIBIT 9 IMPACT OF GROWING CONSTRUCTION INDUSTRY

EXHIBIT 10 IMPACT OF GROWING APPLICATIONS IN AUTOMOTIVE AND TRANSPORTATION INDUSTRIES

EXHIBIT 11 IMPACT OF STRINGENT GOVERNMENT REGULATIONS IN MATERIAL HANDLING INDUSTRY

EXHIBIT 12 IMPACT OF LACK OF PROFESSIONAL TECHNICIANS TO OPERATE HOISTS AND OVERHEAD CRANES

EXHIBIT 13 IMPACT OF AVAILABILITY OF SUBSTITUTES

EXHIBIT 14 IMPACT OF GROWTH IN RENTAL SERVICES FOR MATERIAL HANDLING EQUIPMENT

EXHIBIT 15 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET 2023–2029 ($ MILLION)

EXHIBIT 16 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY REGION: INCREMENTAL GROWTH

EXHIBIT 17 FIVE FORCES ANALYSIS 2023

EXHIBIT 18 INCREMENTAL GROWTH BY SEGMENT 2023 & 2029

EXHIBIT 19 GLOBAL UP TO 1 TON ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 20 GLOBAL 1 TO 3 TON ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 21 GLOBAL 4 TO 6 TON ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 22 GLOBAL 7 TO 10 TON ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 23 GLOBAL OVER 10 TON ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 24 INCREMENTAL GROWTH BY SEGMENT 2023 & 2029

EXHIBIT 25 GLOBAL UP TO 10M ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 26 GLOBAL 11 TO 20M ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 27 GLOBAL 21 TO 40M ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 28 GLOBAL 41 TO 80M ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 29 GLOBAL OVER 80M ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 30 INCREMENTAL GROWTH BY SEGMENT 2023 & 2029

EXHIBIT 31 GLOBAL OFFLINE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 32 GLOBAL ONLINE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 33 INCREMENTAL GROWTH BY APPLICATION 2023 & 2029

EXHIBIT 34 GLOBAL INDUSTRIAL MANUFACTURING ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 35 GLOBAL CONSTRUCTION ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 36 GLOBAL OIL & GAS ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 37 GLOBAL MINING ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 38 GLOBAL AUTOMOTIVE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 39 GLOBAL AEROSPACE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 40 GLOBAL OTHERS ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 41 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029

EXHIBIT 42 APAC ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 43 INCREMENTAL GROWTH IN APAC 2023 & 2029

EXHIBIT 44 CHINA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 45 INDIA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 46 JAPAN ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 47 AUSTRALIA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 48 SOUTH KOREA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 49 INDONESIA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 50 SINGAPORE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 51 NORTH AMERICA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 52 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029

EXHIBIT 53 US ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 54 CANADA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 55 EUROPE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 56 INCREMENTAL GROWTH IN EUROPE 2023 & 2029

EXHIBIT 57 GERMANY ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 58 UK ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 59 FRANCE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 60 ITALY ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 61 SPAIN ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 62 NETHERLANDS ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 63 SWITZERLAND ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 64 MIDDLE EAST & AFRICA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 65 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2023 & 2029

EXHIBIT 66 SAUDI ARABIA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 67 UAE ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 68 SOUTH AFRICA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 69 LATIN AMERICA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 70 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029

EXHIBIT 71 BRAZIL ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 72 MEXICO ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 73 ARGENTINA ELECTRIC WIRE ROPE HOIST MARKET 2020–2029 ($ MILLION)

EXHIBIT 74 KEY COMPANIES’ SHARE IN GLOBAL ELECTRIC WIRE ROPE HOIST MARKET 2023 (%)

EXHIBIT 75 KEY CAVEATS


LIST OF TABLES


TABLE 1 ADVANCES IN ELECTRIC WIRE ROPE HOISTS

TABLE 2 TOP INVESTMENTS ON INFRASTRUCTURAL DEVELOPMENT BY GOVERNMENTS

TABLE 3 PRIVATE CONSTRUCTION INVESTMENT BY REGION (2022)

TABLE 4 ELECTRIC WIRE ROPE HOIST MARKET BY INDUSTRY WITH USE CASES

TABLE 5 OSHA REGULATIONS ON MATERIAL HANDLING (US)

TABLE 6 EU REGULATIONS ON MATERIAL HANDLING (EUROPEAN UNION)

TABLE 7 REGULATIONS IN ASIA (CHINA AND JAPAN)

TABLE 8 GLOBAL UP TO 1 TON ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 9 GLOBAL 1 TO 3 TON ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 10 GLOBAL 4 TO 6 TON ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 11 GLOBAL 7 TO 10 TON ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 12 GLOBAL OVER 10 TON ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 13 GLOBAL UP TO 10M ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 14 GLOBAL 11 TO 20M ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 15 GLOBAL 21 TO 40M ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 16 GLOBAL 41 TO 80M ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 17 GLOBAL OVER 80M ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 18 GLOBAL OFFLINE ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 19 GLOBAL ONLINE ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023−2029 ($ MILLION)

TABLE 20 GLOBAL INDUSTRIAL MANUFACTURING ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 21 MAJOR CONSTRUCTION PROJECTS USING ELECTRIC WIRE ROPE HOISTS

TABLE 22 GLOBAL CONSTRUCTION ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 23 MAJOR OIL & GAS PROJECTS USING ELECTRIC WIRE ROPE HOISTS

TABLE 24 GLOBAL OIL & GAS ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 25 MAJOR PROJECTS OF MINING

TABLE 26 GLOBAL MINING ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 27 AUTOMOTIVE INDUSTRY GROWTH (2019–2023)

TABLE 28 GLOBAL AUTOMOTIVE ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 29 SPENDING ON AEROSPACE INDUSTRY (2019–2023)

TABLE 30 GLOBAL AEROSPACE ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 31 GLOBAL OTHERS ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 32 APAC ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 33 APAC ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 34 APAC ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 35 APAC ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 36 NORTH AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 37 NORTH AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 38 NORTH AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 39 NORTH AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 40 EUROPE ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 41 EUROPE ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 42 EUROPE ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 43 EUROPE ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 44 MIDDLE EAST & AFRICA ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 45 MIDDLE EAST & AFRICA ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 46 MIDDLE EAST & AFRICA ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 47 MIDDLE EAST & AFRICA ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 48 LATIN AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 49 LATIN AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 50 LATIN AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 51 LATIN AMERICA ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 52 ABUS KRANSYSTEME GMBH: MAJOR PRODUCT OFFERINGS

TABLE 53 COLUMBUS MCKINNON CORPORATION: MAJOR PRODUCT OFFERINGS

TABLE 54 DEMAG CRANES & COMPONENTS GMBH: MAJOR PRODUCT OFFERINGS

TABLE 55 HITACHI, LTD.: MAJOR PRODUCT OFFERINGS

TABLE 56 IMER INTERNATIONAL S.P.A.: MAJOR PRODUCT OFFERINGS

TABLE 57 JASO INDUSTRIAL CRANES: MAJOR PRODUCT OFFERINGS

TABLE 58 KITO CORPORATION: MAJOR PRODUCT OFFERINGS

TABLE 59 KONECRANES: MAJOR PRODUCT OFFERINGS

TABLE 60 STREET CRANE COMPANY: MAJOR PRODUCT OFFERINGS

TABLE 61 VERLINDE: MAJOR PRODUCT OFFERINGS

TABLE 62 BEFANBY: MAJOR PRODUCT OFFERINGS

TABLE 63 DONATI SOLLEVAMENTI S.R.L.: MAJOR PRODUCT OFFERINGS

TABLE 64 GEDA GMBH: MAJOR PRODUCT OFFERINGS

TABLE 65 GH CRANES & COMPONENTS: MAJOR PRODUCT OFFERINGS

TABLE 66 HINDUSTAN HOIST & CRANES INDUSTRIES: MAJOR PRODUCT OFFERINGS

TABLE 67 HOIST UK: MAJOR PRODUCT OFFERINGS

TABLE 68 PEGASUS TECHNOCRATS: MAJOR PRODUCT OFFERINGS

TABLE 69 REVA INDUSTRIES LTD.: MAJOR PRODUCT OFFERINGS

TABLE 70 SAFEX INDUSTRIES LIMITED: MAJOR PRODUCT OFFERINGS

TABLE 71 TBM HOIST INTERNATIONAL PVT. LTD.: MAJOR PRODUCT OFFERINGS

TABLE 72 TIANJIN KUNDA HOISTING EQUIPMENT CO., LTD.: MAJOR PRODUCT OFFERINGS

TABLE 73 HENAN WEIHUA HEAVY MACHINERY CO., LTD.: MAJOR PRODUCT OFFERINGS

TABLE 74 HENAN FEIMA LIFTING MACHINERY CO., LTD.: MAJOR PRODUCT OFFERINGS

TABLE 75 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY GEOGRAPHY 2023–2029 ($ MILLION)

TABLE 76 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY CAPACITY 2023–2029 ($ MILLION)

TABLE 77 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY HEIGHT 2023–2029 ($ MILLION)

TABLE 78 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY DISTRIBUTION CHANNEL 2023–2029 ($ MILLION)

TABLE 79 GLOBAL ELECTRIC WIRE ROPE HOIST MARKET BY APPLICATION 2023–2029 ($ MILLION)

TABLE 80 CURRENCY CONVERSION (2017–2023)

1. SCOPE & COVERAGE

1.1. MARKET DEFINITION

1.1.1. INCLUSIONS

1.1.2. EXCLUSIONS

1.1.3. MARKET ESTIMATION CAVEATS

1.2. SEGMENTS COVERED & DEFINITION

1.2.1. MARKET SEGMENTATION BY CAPACITY

1.2.2. MARKET SEGMENTATION BY HEIGHT

1.2.3. MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

1.2.4. MARKET SEGMENTATION BY APPLICATION

1.2.5. REGIONS & COUNTRIES COVERED

1.3. MARKET DERIVATION

1.3.1. HISTORIC, BASE, & FORECAST YEARS

2. PREMIUM INSIGHTS

2.1. OPPORTUNITY POCKETS

2.1.1. MARKET MATURITY INDICATOR

2.1.2. REGIONAL INSIGHTS

2.2. MARKET OVERVIEW

2.3. ADVANCES IN TECHNOLOGIES

2.4. MARKET DYNAMICS: KEY TRENDS, DRIVERS, AND RESTRAINTS

2.4.1. MARKET TRENDS

2.4.2. MARKET DRIVERS

2.4.3. MARKET RESTRAINTS

2.5. SEGMENT ANALYSIS

2.6. GEOGRAPHICAL ANALYSIS

2.7. COMPETITIVE ANALYSIS

3. MARKET AT A GLANCE

4. INTRODUCTION

4.1. OVERVIEW

4.1.1. SUSTAINABILITY TRENDS

4.1.2. GOVERNMENT REGULATIONS

4.2. VALUE CHAIN ANALYSIS

4.2.1. RAW MATERIAL SUPPLIERS

4.2.2. MANUFACTURERS

4.2.3. DISTRIBUTION CHANNELS

4.2.4. END USE INDUSTRY

5. MARKET OPPORTUNITIES & TRENDS

5.1. EXPANSION OF SUPPLY CHAIN NETWORKS

5.2. RAPID TECHNOLOGICAL ADVANCES AND CONTINUOUS PRODUCT INNOVATIONS

5.3. GOVERNMENT INVESTMENTS IN INFRASTRUCTURE DEVELOPMENT

6. MARKET GROWTH ENABLERS

6.1. GROWING CONSTRUCTION INDUSTRY

6.2. GROWING APPLICATIONS IN AUTOMOTIVE AND TRANSPORTATION INDUSTRIES

6.3. STRINGENT GOVERNMENT REGULATIONS IN MATERIAL HANDLING INDUSTRY

7. MARKET RESTRAINTS

7.1. LACK OF PROFESSIONAL TECHNICIANS TO OPERATE HOISTS AND OVERHEAD CRANES

7.2. AVAILABILITY OF SUBSTITUTES

7.3. GROWTH IN RENTAL SERVICES FOR MATERIAL HANDLING EQUIPMENT

8. MARKET LANDSCAPE

8.1. MARKET OVERVIEW

8.2. MARKET SIZE & FORECAST

8.3. FIVE FORCES ANALYSIS

8.3.1. THREAT OF NEW ENTRANTS

8.3.2. BARGAINING POWER OF SUPPLIERS

8.3.3. BARGAINING POWER OF BUYERS

8.3.4. THREAT OF SUBSTITUTES

8.3.5. COMPETITIVE RIVALRY

9. CAPACITY

9.1. MARKET SNAPSHOT & GROWTH ENGINE

9.2. MARKET OVERVIEW

9.3. UP TO 1 TON

9.3.1. MARKET SIZE & FORECAST

9.3.2. MARKET BY GEOGRAPHY

9.4. 1 TO 3 TON

9.4.1. MARKET SIZE & FORECAST

9.4.2. MARKET BY GEOGRAPHY

9.5. 4 TO 6 TON

9.5.1. MARKET SIZE & FORECAST

9.5.2. MARKET BY GEOGRAPHY

9.6. 7 TO 10 TON

9.6.1. MARKET SIZE & FORECAST

9.6.2. MARKET BY GEOGRAPHY

9.7. OVER 10 TON

9.7.1. MARKET SIZE & FORECAST

9.7.2. MARKET BY GEOGRAPHY

10. HEIGHT

10.1. MARKET SNAPSHOT & GROWTH ENGINE

10.2. MARKET OVERVIEW

10.3. UP TO 10M

10.3.1. MARKET SIZE & FORECAST

10.3.2. MARKET BY GEOGRAPHY

10.4. 11 TO 20M

10.4.1. MARKET SIZE & FORECAST

10.4.2. MARKET BY GEOGRAPHY

10.5. 21 TO 40M

10.5.1. MARKET SIZE & FORECAST

10.5.2. MARKET BY GEOGRAPHY

10.6. 41 TO 80M

10.6.1. MARKET SIZE & FORECAST

10.6.2. MARKET BY GEOGRAPHY

10.7. OVER 80M

10.7.1. MARKET SIZE & FORECAST

10.7.2. MARKET BY GEOGRAPHY

11. DISTRIBUTION CHANNEL

11.1. MARKET SNAPSHOT & GROWTH ENGINE

11.2. MARKET OVERVIEW

11.3. OFFLINE

11.3.1. MARKET SIZE & FORECAST

11.3.2. MARKET BY GEOGRAPHY

11.4. ONLINE

11.4.1. MARKET SIZE & FORECAST

11.4.2. MARKET BY GEOGRAPHY

12. APPLICATION

12.1. MARKET SNAPSHOT & GROWTH ENGINE

12.2. MARKET OVERVIEW

12.3. INDUSTRIAL MANUFACTURING

12.3.1. MARKET SIZE & FORECAST

12.3.2. MARKET BY GEOGRAPHY

12.4. CONSTRUCTION

12.4.1. MARKET SIZE & FORECAST

12.4.2. MARKET BY GEOGRAPHY

12.5. OIL & GAS

12.5.1. MARKET SIZE & FORECAST

12.5.2. MARKET BY GEOGRAPHY

12.6. MINING

12.6.1. MARKET SIZE & FORECAST

12.6.2. MARKET BY GEOGRAPHY

12.7. AUTOMOTIVE

12.7.1. MARKET SIZE & FORECAST

12.7.2. MARKET BY GEOGRAPHY

12.8. AEROSPACE

12.8.1. MARKET SIZE & FORECAST

12.8.2. MARKET BY GEOGRAPHY

12.9. OTHERS

12.9.1. MARKET SIZE & FORECAST

12.9.2. MARKET BY GEOGRAPHY

13. GEOGRAPHY

13.1. MARKET SNAPSHOT & GROWTH ENGINE

13.2. GEOGRAPHIC OVERVIEW

14. APAC

14.1. MARKET SIZE & FORECAST

14.2. CAPACITY

14.2.1. MARKET SIZE & FORECAST

14.3. HEIGHT

14.3.1. MARKET SIZE & FORECAST

14.4. DISTRIBUTION CHANNEL

14.4.1. MARKET SIZE & FORECAST

14.5. APPLICATION

14.5.1. MARKET SIZE & FORECAST

14.6. KEY COUNTRIES

14.7. CHINA

14.7.1. MARKET SIZE & FORECAST

14.8. INDIA

14.8.1. MARKET SIZE & FORECAST

14.9. JAPAN

14.9.1. MARKET SIZE & FORECAST

14.10. AUSTRALIA

14.10.1. MARKET SIZE & FORECAST

14.11. SOUTH KOREA

14.11.1. MARKET SIZE & FORECAST

14.12. INDONESIA

14.12.1. MARKET SIZE & FORECAST

14.13. SINGAPORE

14.13.1. MARKET SIZE & FORECAST

15. NORTH AMERICA

15.1. MARKET SIZE & FORECAST

15.2. CAPACITY

15.2.1. MARKET SIZE & FORECAST

15.3. HEIGHT

15.3.1. MARKET SIZE & FORECAST

15.4. DISTRIBUTION CHANNEL

15.4.1. MARKET SIZE & FORECAST

15.5. APPLICATION

15.5.1. MARKET SIZE & FORECAST

15.6. KEY COUNTRIES

15.7. US

15.7.1. MARKET SIZE & FORECAST

15.8. CANADA

15.8.1. MARKET SIZE & FORECAST

16. EUROPE

16.1. MARKET SIZE & FORECAST

16.2. CAPACITY

16.2.1. MARKET SIZE & FORECAST

16.3. HEIGHT

16.3.1. MARKET SIZE & FORECAST

16.4. DISTRIBUTION CHANNEL

16.4.1. MARKET SIZE & FORECAST

16.5. APPLICATION

16.5.1. MARKET SIZE & FORECAST

16.6. KEY COUNTRIES

16.7. GERMANY

16.7.1. MARKET SIZE & FORECAST

16.8. UK

16.8.1. MARKET SIZE & FORECAST

16.9. FRANCE

16.9.1. MARKET SIZE & FORECAST

16.10. ITALY

16.10.1. MARKET SIZE & FORECAST

16.11. SPAIN

16.11.1. MARKET SIZE & FORECAST

16.12. NETHERLANDS

16.12.1. MARKET SIZE & FORECAST

16.13. SWITZERLAND

16.13.1. MARKET SIZE & FORECAST

17. MIDDLE EAST & AFRICA

17.1. MARKET SIZE & FORECAST

17.2. CAPACITY

17.2.1. MARKET SIZE & FORECAST

17.3. HEIGHT

17.3.1. MARKET SIZE & FORECAST

17.4. DISTRIBUTION CHANNEL

17.4.1. MARKET SIZE & FORECAST

17.5. APPLICATION

17.5.1. MARKET SIZE & FORECAST

17.6. KEY COUNTRIES

17.7. SAUDI ARABIA

17.7.1. MARKET SIZE & FORECAST

17.8. UAE

17.8.1. MARKET SIZE & FORECAST

17.9. SOUTH AFRICA

17.9.1. MARKET SIZE & FORECAST

18. LATIN AMERICA

18.1. MARKET SIZE & FORECAST

18.2. CAPACITY

18.2.1. MARKET SIZE & FORECAST

18.3. HEIGHT

18.3.1. MARKET SIZE & FORECAST

18.4. DISTRIBUTION CHANNEL

18.4.1. MARKET SIZE & FORECAST

18.5. APPLICATION

18.5.1. MARKET SIZE & FORECAST

18.6. KEY COUNTRIES

18.7. BRAZIL

18.7.1. MARKET SIZE & FORECAST

18.8. MEXICO

18.8.1. MARKET SIZE & FORECAST

18.9. ARGENTINA

18.9.1. MARKET SIZE & FORECAST

19. COMPETITIVE LANDSCAPE

19.1. COMPETITION OVERVIEW

19.2. MARKET SHARE ANALYSIS

19.2.1. KEY MARKET PLAYERS ANALYSIS:

20. KEY COMPANY PROFILES

20.1. ABUS KRANSYSTEME GMBH

20.1.1. BUSINESS OVERVIEW

20.1.2. PRODUCT OFFERINGS

20.1.3. KEY STRATEGIES

20.1.4. KEY STRENGTHS

20.1.5. KEY OPPORTUNITIES

20.2. COLUMBUS MCKINNON CORPORATION

20.2.1. BUSINESS OVERVIEW

20.2.2. PRODUCT OFFERINGS

20.2.3. KEY STRATEGIES

20.2.4. KEY STRENGTHS

20.2.5. KEY OPPORTUNITIES

20.3. DEMAG CRANES & COMPONENTS GMBH

20.3.1. BUSINESS OVERVIEW

20.3.2. PRODUCT OFFERINGS

20.3.3. KEY STRATEGIES

20.3.4. KEY STRENGTHS

20.3.5. KEY OPPORTUNITIES

20.4. HITACHI, LTD.

20.4.1. BUSINESS OVERVIEW

20.4.2. PRODUCT OFFERINGS

20.4.3. KEY STRATEGIES

20.4.4. KEY STRENGTHS

20.4.5. KEY OPPORTUNITIES

20.5. IMER INTERNATIONAL SPA

20.5.1. BUSINESS OVERVIEW

20.5.2. PRODUCT OFFERINGS

20.5.3. KEY STRATEGIES

20.5.4. KEY STRENGTHS

20.5.5. KEY OPPORTUNITIES

20.6. JASO INDUSTRIAL CRANES

20.6.1. BUSINESS OVERVIEW

20.6.2. PRODUCT OFFERINGS

20.6.3. KEY STRATEGIES

20.6.4. KEY STRENGTHS

20.6.5. KEY OPPORTUNITIES

20.7. KITO CORP.

20.7.1. BUSINESS OVERVIEW

20.7.2. PRODUCT OFFERINGS

20.7.3. KEY STRATEGIES

20.7.4. KEY STRENGTHS

20.7.5. KEY OPPORTUNITIES

20.8. KONECRANES

20.8.1. BUSINESS OVERVIEW

20.8.2. PRODUCT OFFERINGS

20.8.3. KEY STRATEGIES

20.8.4. KEY STRENGTHS

20.8.5. KEY OPPORTUNITIES

20.9. STREET CRANE COMPANY LIMITED

20.9.1. BUSINESS OVERVIEW

20.9.2. PRODUCT OFFERINGS

20.9.3. KEY STRATEGIES

20.9.4. KEY STRENGTHS

20.9.5. KEY OPPORTUNITIES

20.10. VERLINDE

20.10.1. BUSINESS OVERVIEW

20.10.2. PRODUCT OFFERINGS

20.10.3. KEY STRATEGIES

20.10.4. KEY STRENGTHS

20.10.5. KEY OPPORTUNITIES

21. OTHER PROMINENT VENDORS

21.1. BEFANBY

21.1.1. BUSINESS OVERVIEW

21.1.2. PRODUCT OFFERINGS

21.1.3. KEY STRATEGY

21.1.4. KEY STRENGTH

21.2. DONATI SOLLEVAMENTI S.R.L.

21.2.1. BUSINESS OVERVIEW

21.2.2. PRODUCT OFFERINGS

21.2.3. KEY STRATEGIES

21.2.4. KEY STRENGTHS

21.3. GEDA GMBH

21.3.1. BUSINESS OVERVIEW

21.3.2. PRODUCT OFFERINGS

21.3.3. KEY STRATEGIES

21.3.4. KEY STRENGTHS

21.4. GH CRANES & COMPONENTS

21.4.1. BUSINESS OVERVIEW

21.4.2. PRODUCT OFFERINGS

21.4.3. KEY STRATEGIES

21.4.4. KEY STRENGTHS

21.5. HINDUSTAN HOIST & CRANES INDUSTRIES

21.5.1. BUSINESS OVERVIEW

21.5.2. PRODUCT OFFERINGS

21.5.3. KEY STRATEGIES

21.5.4. KEY STRENGTHS

21.6. HOIST UK

21.6.1. BUSINESS OVERVIEW

21.6.2. PRODUCT OFFERINGS

21.6.3. KEY STRATEGIES

21.6.4. KEY STRENGTHS

21.7. PEGASUS TECHNOCRATS

21.7.1. BUSINESS OVERVIEW

21.7.2. PRODUCT OFFERINGS

21.7.3. KEY STRATEGIES

21.7.4. KEY STRENGTHS

21.8. REVA INDUSTRIES LTD.

21.8.1. BUSINESS OVERVIEW

21.8.2. PRODUCT OFFERINGS

21.8.3. KEY STRATEGIES

21.8.4. KEY STRENGTHS

21.9. SAFEX INDUSTRIES LIMITED

21.9.1. BUSINESS OVERVIEW

21.9.2. PRODUCT OFFERINGS

21.9.3. KEY STRATEGIES

21.9.4. KEY STRENGTHS

21.10. TBM HOIST INTERNATIONAL PVT. LTD.

21.10.1. BUSINESS OVERVIEW

21.10.2. PRODUCT OFFERINGS

21.10.3. KEY STRATEGIES

21.10.4. KEY STRENGTHS

21.11. TIANJIN KUNDA HOISTING EQUIPMENT CO., LTD.

21.11.1. BUSINESS OVERVIEW

21.11.2. PRODUCT OFFERINGS

21.11.3. KEY STRATEGIES

21.11.4. KEY STRENGTHS

21.12. HENAN WEIHUA HEAVY MACHINERY CO., LTD.

21.12.1. BUSINESS OVERVIEW

21.12.2. PRODUCT OFFERINGS

21.12.3. KEY STRATEGIES

21.12.4. KEY STRENGTHS

21.13. HENAN FEIMA LIFTING MACHINERY CO., LTD.

21.13.1. BUSINESS OVERVIEW

21.13.2. PRODUCT OFFERINGS

21.13.3. KEY STRATEGIES

21.13.4. KEY STRENGTHS

22. REPORT SUMMARY

22.1. KEY TAKEAWAYS

22.2. STRATEGIC RECOMMENDATIONS

23. QUANTITATIVE SUMMARY

23.1. MARKET BY GEOGRAPHY

23.2. MARKET BY CAPACITY

23.3. MARKET BY HEIGHT

23.4. MARKET BY DISTRIBUTION CHANNEL

23.5. MARKET BY APPLICATION

24. APPENDIX

24.1. RESEARCH METHODOLOGY

24.2. RESEARCH PROCESS

24.3. REPORT ASSUMPTIONS & CAVEATS

24.3.1. KEY CAVEATS

24.3.2. CURRENCY CONVERSION

24.4. ABBREVIATIONS

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Frequently Asked Questions

What is the growth rate of the global electric wire rope hoist market?

The global electric wire rope hoist market is expected to grow at a CAGR of 8.21% from 2023 to 2029.

How big is the global electric wire rope hoist market?

The global electric wire rope hoist market was valued at USD 814.00 million in 2023 and is expected to reach USD 1.30 billion by 2029.

Who are the key players in the global electric wire rope hoist market?

ABUS Kransysteme GmbH, Columbus McKinnon Corporation, Demag Cranes & Components GmbH, Hitachi, Ltd., IMER International S.p.A., JASO Industrial Cranes, KITO Corporation, Konecranes, Street Crane Company Limited, and Verlinde are the key players in the global electric wire rope hoist market.

What are the significant trends in the electric wire rope hoist market?

Expansion of supply chain networks, advancement in technology and product innovation, and government investments in infrastructure development are significant trends in the electric wire rope hoist industry.

Which region dominates the global electric wire rope hoist market share?

APAC held the largest global electric wire rope hoist market share, accounting for a global share of over 32% in 2023.