Global Industrial Lifting Equipment Market is valued at approximately USD 70.05 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.51% over the forecast period 2022-2028. Industrial Lifting Equipment is used for lifting and moving heavy machinery or equipment from one location to another. The demand for lifting equipment is propelling across various industries such as stackers, hook-pulleys, forklifts, cranes, etc. Thus, this equipment support end-user in minimizing human workload and lessens the injuries caused because of the lifting and operation of heavy machinery. The increasing demand for forklifts across warehouse and logistics sectors coupled with the potential growth of the mining industry are the factors that are surging the market demand across the globe. For instance, as per Statista in 2016, the mining industry is accounted for 4.3%, which is grown to 5.3% by 2017. Thereby, the growth of the industries is further accelerating the market demand owing to its characteristics. However, high initial investment and lack of skilled operators impede the growth of the market over the forecast period of 2022-2028. Also, the growth of the e-commerce industry is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Industrial Lifting Equipment market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing demand for the hoist, and cranes, and rapid industrialization. Whereas, North America is also anticipated to exhibit a considerable growth rate over the forecast period 2022-2028. Factors such as increasing investments for the infrastructural developments, and growth of the logistics and warehousing industry would create lucrative growth prospects for the Industrial Lifting Equipment market across North America.
Major market players included in this report are:
Manitowoc
Terex
Toyota Industries
Hyster-Yale Material Handling
Konecranes
KION Group
Columbus McKinnon
Tadano
Oshkosh
Linamar
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Lifts
Forklifts
Hoists
Stackers
Pallet trucks
Robotic arms
By Mechanism
Hydraulic
Pneumatic
Electrical
Magnetic
Scissor Lifts
By Installation
Overhead
Fulcrum
Vehicle mounted
By Application
Manufacturing industry
Process industry
Shipping dockyards, warehouses
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Industrial Lifting Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Industrial Lifting Equipment Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Industrial Lifting Equipment Market, by Type, 2020-2028 (USD Billion)
- 1.2.3. Global Industrial Lifting Equipment Market, by Mechanism, 2020-2028 (USD Billion)
- 1.2.4. Global Industrial Lifting Equipment Market, by Installation, 2020-2028 (USD Billion)
- 1.2.5. Global Industrial Lifting Equipment Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Industrial Lifting Equipment Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Industrial Lifting Equipment Market Dynamics
- 3.1. Industrial Lifting Equipment Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for forklifts across the warehouse and logistics segment
- 3.1.1.2. Increasing demand for cranes and hoists in the mining verticals
- 3.1.2. Market Challenges
- 3.1.2.1. High initial investment and lack of skilled operators
- 3.1.3. Market Opportunities
- 3.1.3.1. Growth of the e-commerce industry
Chapter 4. Global Industrial Lifting Equipment Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Industrial Lifting Equipment Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Industrial Lifting Equipment Market by Type, Performance - Potential Analysis
- 6.3. Global Industrial Lifting Equipment Market Estimates & Forecasts by Type, 2019-2028 (USD Billion)
- 6.4. Industrial Lifting Equipment Market, Sub Segment Analysis
- 6.4.1. Lifts
- 6.4.2. Forklifts
- 6.4.3. Hoists
- 6.4.4. Stackers
- 6.4.5. Pallet trucks
- 6.4.6. Robotic arms
Chapter 7. Global Industrial Lifting Equipment Market, by Mechanism
- 7.1. Market Snapshot
- 7.2. Global Industrial Lifting Equipment Market by Mechanism, Performance - Potential Analysis
- 7.3. Global Industrial Lifting Equipment Market Estimates & Forecasts by Mechanism, 2019-2028 (USD Billion)
- 7.4. Industrial Lifting Equipment Market, Sub Segment Analysis
- 7.4.1. Hydraulic
- 7.4.2. Pneumatic
- 7.4.3. Electrical
- 7.4.4. Magnetic
- 7.4.5. Scissor lifts
Chapter 8. Global Industrial Lifting Equipment Market, by Installation
- 8.1. Market Snapshot
- 8.2. Global Industrial Lifting Equipment Market by Installation, Performance - Potential Analysis
- 8.3. Global Industrial Lifting Equipment Market Estimates & Forecasts by Installation, 2019-2028 (USD Billion)
- 8.4. Industrial Lifting Equipment Market, Sub Segment Analysis
- 8.4.1. Overhead
- 8.4.2. Fulcrum
- 8.4.3. Vehicle mounted
Chapter 9. Global Industrial Lifting Equipment Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Industrial Lifting Equipment Market by Application, Performance - Potential Analysis
- 9.3. Global Industrial Lifting Equipment Market Estimates & Forecasts by Application, 2019-2028 (USD Billion)
- 9.4. Industrial Lifting Equipment Market, Sub Segment Analysis
- 9.4.1. Manufacturing industry
- 9.4.2. Process industry
- 9.4.3. Shipping dockyards, warehouses
Chapter 10. Global Industrial Lifting Equipment Market, Regional Analysis
- 10.1. Industrial Lifting Equipment Market, Regional Market Snapshot
- 10.2. North America Industrial Lifting Equipment Market
- 10.2.1. U.S. Industrial Lifting Equipment Market
- 10.2.1.1. Type estimates & forecasts, 2019-2028
- 10.2.1.2. Mechanism breakdown estimates & forecasts, 2019-2028
- 10.2.1.3. Installation breakdown estimates & forecasts, 2019-2028
- 10.2.1.4. Application estimates & forecasts, 2019-2028
- 10.2.2. Canada Industrial Lifting Equipment Market
- 10.3. Europe Industrial Lifting Equipment Market Snapshot
- 10.3.1. U.K. Industrial Lifting Equipment Market
- 10.3.2. Germany Industrial Lifting Equipment Market
- 10.3.3. France Industrial Lifting Equipment Market
- 10.3.4. Spain Industrial Lifting Equipment Market
- 10.3.5. Italy Industrial Lifting Equipment Market
- 10.3.6. Rest of Europe Industrial Lifting Equipment Market
- 10.4. Asia-Pacific Industrial Lifting Equipment Market Snapshot
- 10.4.1. China Industrial Lifting Equipment Market
- 10.4.2. India Industrial Lifting Equipment Market
- 10.4.3. Japan Industrial Lifting Equipment Market
- 10.4.4. Australia Industrial Lifting Equipment Market
- 10.4.5. South Korea Industrial Lifting Equipment Market
- 10.4.6. Rest of Asia Pacific Industrial Lifting Equipment Market
- 10.5. Latin America Industrial Lifting Equipment Market Snapshot
- 10.5.1. Brazil Industrial Lifting Equipment Market
- 10.5.2. Mexico Industrial Lifting Equipment Market
- 10.6. Rest of The World Industrial Lifting Equipment Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Manitowoc
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Terex
- 11.2.3. Toyota Industries
- 11.2.4. Hyster-Yale Material Handling
- 11.2.5. Konecranes
- 11.2.6. KION Group
- 11.2.7. Columbus McKinnon
- 11.2.8. Tadano
- 11.2.9. Oshkosh
- 11.2.10. Linamar
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Industrial Lifting Equipment market, report scope
- TABLE 2. Global Industrial Lifting Equipment market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Industrial Lifting Equipment market estimates & forecasts by Type 2019-2028 (USD Billion)
- TABLE 4. Global Industrial Lifting Equipment market estimates & forecasts by Mechanism 2019-2028 (USD Billion)
- TABLE 5. Global Industrial Lifting Equipment market estimates & forecasts by Installation 2019-2028 (USD Billion)
- TABLE 6. Global Industrial Lifting Equipment market estimates & forecasts by Application 2019-2028 (USD Billion)
- TABLE 7. Global Industrial Lifting Equipment market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 8. Global Industrial Lifting Equipment market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 9. Global Industrial Lifting Equipment market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Industrial Lifting Equipment market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Industrial Lifting Equipment market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Industrial Lifting Equipment market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Industrial Lifting Equipment market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. Global Industrial Lifting Equipment market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. Global Industrial Lifting Equipment market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 16. Global Industrial Lifting Equipment market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 17. U.S. Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 18. U.S. Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 19. U.S. Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 20. Canada Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 21. Canada Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 22. Canada Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 23. UK Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 24. UK Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 25. UK Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 26. Germany Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 27. Germany Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 28. Germany Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 29. RoE Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 30. RoE Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 31. RoE Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 32. China Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 33. China Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 34. China Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 35. India Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 36. India Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 37. India Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 38. Japan Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 39. Japan Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 40. Japan Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 41. RoAPAC Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 42. RoAPAC Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 43. RoAPAC Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 44. Brazil Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 45. Brazil Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 46. Brazil Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 47. Mexico Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 48. Mexico Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 49. Mexico Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 50. RoLA Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 51. RoLA Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 52. RoLA Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 53. Row Industrial Lifting Equipment market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 54. Row Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 55. Row Industrial Lifting Equipment market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 56. List of secondary sources, used in the study of global Industrial Lifting Equipment market
- TABLE 57. List of primary sources, used in the study of global Industrial Lifting Equipment market
- TABLE 58. Years considered for the study
- TABLE 59. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Industrial Lifting Equipment market, research methodology
- FIG 2. Global Industrial Lifting Equipment market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Industrial Lifting Equipment market, key trends 2021
- FIG 5. Global Industrial Lifting Equipment market, growth prospects 2022-2028
- FIG 6. Global Industrial Lifting Equipment market, porters 5 force model
- FIG 7. Global Industrial Lifting Equipment market, pest analysis
- FIG 8. Global Industrial Lifting Equipment market, value chain analysis
- FIG 9. Global Industrial Lifting Equipment market by segment, 2019 & 2028 (USD Billion)
- FIG 10. Global Industrial Lifting Equipment market by segment, 2019 & 2028 (USD Billion)
- FIG 11. Global Industrial Lifting Equipment market by segment, 2019 & 2028 (USD Billion)
- FIG 12. Global Industrial Lifting Equipment market by segment, 2019 & 2028 (USD Billion)
- FIG 13. Global Industrial Lifting Equipment market by segment, 2019 & 2028 (USD Billion)
- FIG 14. Global Industrial Lifting Equipment market, regional snapshot 2019 & 2028
- FIG 15. North America Industrial Lifting Equipment market 2019 & 2028 (USD Billion)
- FIG 16. Europe Industrial Lifting Equipment market 2019 & 2028 (USD Billion)
- FIG 17. Asia pacific Industrial Lifting Equipment market 2019 & 2028 (USD Billion)
- FIG 18. Latin America Industrial Lifting Equipment market 2019 & 2028 (USD Billion)
- FIG 19. Global Industrial Lifting Equipment market, company market share analysis (2021)