360 Research Reports has released a new report on Electric hoist Market, The report is full of crucial insights on the market which will help the clients in making correct business decisions. This research will help both existing and new aspirants for Electric hoist Market to figure out and study market requirements, market size, and competition. The report talks about the supply and demand scenario, the competitive market scene, challenges for market growth, market opportunities, and the threats faced by key players.
Final Report will add the analysis of the impact of COVID-19 on this industry.
This report studies the Electric hoist market size (value and volume) by players, regions, product types and end industries, history data 2014-2019 and forecast data 2020-2026; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Global Electric hoist market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including:
Short Description about Electric hoist Market:
Electric Hoist is a mechanical device with electricity power-sources for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload. The basic electric hoist has two important characteristics to define it: Lifting medium and power type.
China and USA are the o dominant producer regions of electric hoist; the production of electric hoist respectively is 423 K Units and 458 K Units in 2015, according about 24.86% and 26.92% of the total amount. China and USA are also the biggest consumer of electric hoist, with the consumption market share of about 19.61% and 27.78% in 2015. Europe is the second largest production area, with the market share of 20.58% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve. Leading players in hoist industry are Columbus McKinnon, Kito, Terex, Konecranes. Kito is the largest manufacturer, occupies about 18.53% share of the market. Li An Machinery is the leader player in China, with the market share of about 1.51% in 2015. By application, Construction Sites accounted for the largest market with about 28.33% of the global volume for electric hoist in 2015. Moreover, it is anticipated to grow at a significant CAGR of 4.43% during the forecast period. With over 23.39% share in the global electric hoist market, the Marinas & Shipyards was the second largest application market for global electric hoist in 2015, and is anticipated to grow at a slightly low CAGR of 4.12%, in terms of volume, during the forecast period. The electric price of hoist is lower year by year from 1274 USD/Unit in 2011 to 1189 USD/Unit in 2015. The product profit margin is about 29.72% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing. Scope of the Electric hoist Market Report :
The global Electric hoist market is valued at 1753.1 million USD in 2020 is expected to reach 2236.5 million USD by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.
This report focuses on the Electric hoist 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.
With tables and figures helping analyze worldwide Global Electric hoist market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Electric hoist Breakdown Data by Type:
Electric hoist Breakdown Data by Application:
This Electric hoist Market Research/Analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is used for Electric hoist?
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Electric hoist Market?
- What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Electric hoist Market?
- What Was Capacity, Production Value, Cost and PROFIT of Electric hoist Market?
- What Is Current Market Status of Electric hoist Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Electric hoist Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Electric hoist Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Electric hoist Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Electric hoist Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Electric hoist Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electric hoist Industry?
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Electric hoist market along with Report Research Design:
Electric hoist Market Historic Data (2015-2019):
- Industry Trends: Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Electric hoist Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Electric hoist Market Forecast (2020-2026):
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
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