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Market Overview:
The demand for handling and lifting equipment is on the rise due to rapid infrastructure development and increasing construction activities across the globe. Since handling and lifting equipment help to move materials between factories and warehouses, its demand among the end users in the manufacturing sector will increase significantly. Moreover, the ability of such equipment to bolster the efficiency of modern production processes will also lead to its increased adoption in sectors where the production processes are automated.
Currently, cranes and lifting frames account for 18.1% of the global demand while the remaining market share is divided between work trucks (17.9%), continuous-action goods conveyors and elevators (10.7%), lifts and skip hoists (6.7%), capstans and winches (4.3%), hoists and jacks (4.3%), escalators and moving walkways (1.8%), pneumatic conveyors and elevators (1.1%), pulley tackle and hoists (0.8%), ski-lifts, chair-lifts and teleferiques (0.3%), other handling and lifting equipment (12.0%) and parts of handling and lifting equipment (21.9%).
The fundamental dynamics that are explored in the report hold substantial influence over the Handling and Lifting Equipment market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
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Analysis of Major Key Players Cargotec, Escorts Construction Equipment, Haulotte (Pinguely-Haulotte), Manitex International, Manitowoc Cranes, Sany Group, Shandong Dahan Construction Machinery, Tadano and more.
Market Segmentation
The global Handling and Lifting Equipments market is analyzed for different segments to arrive at an insightful analysis. Such segmentation has been done on the basis of type, application, and region.
Based on type, the global Handling and Lifting Equipments market is segmented into Cranes, Forklifts, Conveyor Belt, Hoists.
By application, the Handling and Lifting Equipments market is segmented into Dam Building, Bridge Building, Shipyards, Power Plants, High Rise Buildings.
By Regional Analysis,
The global Handling and Lifting Equipments market is studied for the regional segments of the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas is segmented into North America and South America. The shale revolution in the US transformed the landscape of the region’s oil market extensively, and is likely to continue doing so. Presently, many countries from the Middle East are looking forward to start applying such technology in their regions to augment oil production. This is one of the largest drivers for the global Handling and Lifting Equipments market. Research and development in North America’s oil market have continued at an impressive rate, supplementing market growth.
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Industry News:
Increased emphasis on technological advancements and impact on disruptive technologies is being felt in the American machineries sector. In Europe, environmental laws will have a major influence on the industry. Therefore, companies are likely to invest on products that are environmentally viable. The Brexit uncertainties and improving economic health of many European countries is expected to influence the market in the region. In Europe, the automotive sector will remain one of the key contributors to the market in the terms of revenue. At the same time, fast adoption of industry 4.0 and increased focus on modernization of aging equipment are other factors that are likely to drive the market growth in Europe.
Table of Content IMP Points:
8 Handling and Lifting Equipment Major Manufacturers Analysis
8.1 Komatsu
8.1.1 Komatsu Handling and Lifting Equipment Production Sites and Area Served
8.1.2 Komatsu Product Introduction, Application and Specification
8.1.3 Komatsu Handling and Lifting Equipment Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
8.1.4 Main Business and Markets Served
8.2 Konecranes
8.2.1 Konecranes Handling and Lifting Equipment Production Sites and Area Served
8.2.2 Konecranes Product Introduction, Application and Specification
8.2.3 Konecranes Handling and Lifting Equipment Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
8.2.4 Main Business and Markets Served
Much more
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