Industrial Lifting Equipment Market (Updated Version Available)

Lifting equipment is a general term for any equipment that can be used to lift loads. In this report, the overall industrial lifting equipment market has been segmented on the basis of four lifting equipment forklift, aerial work platform, crane, and hoist.
In 2017, cranes held the largest share of the overall industrial lifting equipment market. Cranes are an integral part of the global material handling industry. The increasing demand for construction machinery in the construction industry and in the mining industry for ore extraction are driving the demand for cranes. The market for hydraulic cranes by operations held the largest market share in 2017. Hydraulic cranes are widely used for hoisting and moving heavy materials in shipyards, warehouses, and industrial workshops. Moreover, hydraulic cranes are used in transport, manufacturing, and construction industries.
Asia Pacific is estimated to account for the largest share of the overall industrial lifting equipment market. However, the industrial lifting equipment market in Europe and North America is likely to witness substantial growth. Asia Pacific is the most lucrative market for cranes and hoists, owing to the significant investment being made for construction activities in the region. The rising need for infrastructure in developing economies such as India and China supplements the growth of the industrial lifting equipment market in this region.
The Industrial Lifting Equipment Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Industrial Lifting Equipment industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Lifting Equipment by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Industrial Lifting Equipment market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Industrial Lifting Equipment market for 2015-2027.

Key Companies
Toyota
Kion Group
Hyster-Yale Materials Handling
Jungheinrich
Liebherr
Cargotec
Terex
Konecranes
Manitowoc
Columbus Mckinnon
Kito
Ingersoll-Rand
Linamar
Oshkosh
Zoomlion
Tadano
Haulotte Group
Xuzhou Construction Machinery Group (XCMG)
Crown Equipment
Mammoet
Komatsu
Palfinger
Shanghai Zhenhua Heavy Industry (ZPMC)
Mitsubishi Logisnext
Anhui Forklift Truck Group

Industrial Lifting Equipment Market by Type
By Operations
Diesel
Electric
Gasoline & LPG/CNG
by Type
Boom Lifts
Scissor Lifts
Vertical Mast Lifts

At the same time, we classify Industrial Lifting Equipment according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Industrial Lifting Equipment market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Industrial Lifting Equipment market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Industrial Lifting Equipment market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Lifting Equipment market for the forecast period 2021 - 2027?
• What are the driving forces in the Industrial Lifting Equipment market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Lifting Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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