Hydraulic Hoist Market is estimated to grow at a CAGR of over 5% during the forecast period. The hydraulic hoists are used for handling, lifting and transferring materials from one place to another. It is used in various applications in a number of end-user industries such as mining & metal processing, cement, chemical, and others. The factors that are contributing to the growth of the market include, the growing industrialization sector, growth in end-user industries, and increasing demand for material handling equipment in various industry verticals such as chemical, metal, and others.
Additionally, hydraulic hoists are used for the monitoring and the chemical handling, in the chemical warehouses and the transfer of raw materials to the production site, which further increases the demand for the market over the forecast period. However, factors such as lack of technical expertise and personnel for equipment handling may serve as limiting factors for the market during the forecast period.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Hydraulic hoist Market Segmentation
By Type
- Chain
- Lever
By Load Bearing Capacity
- Chain
- 5 – 20.0 Tons
- 1 – 50.0 Tons
- 1 – 75.0 Tons
- 1 – 100.0 Tons
- Lever
- 5 – 5.0 Tons
- 1 – 10.0 Tons
- 1 – 15.0 Tons
By End-user
- Mining & Metal Processing
- Automotive
- Chemical
- Construction
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Air Technical Industries
- Atlantic Equipment
- Columbus McKinnon Corp.
- Godwin Manufacturing Co. Inc.
- haacon hebetechnik GmbH
- Harrington Hoists, Inc.
- Ingersoll-Rand Plc
- JDN Group
- KITO Group
- MHE- Demag (S) Pte Ltd.
- OZ Lifting Products LLC
- Tractel S.A.S.
- Unidex Inc.
- Venus Engineers
- Vital Industries Corp.
- Vulcan Compagnie de Palans Ltée
- WPT Power Corp.
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