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.
Table of Contents
2019-2024 Global Electric hoist Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric hoist Consumption 2014-2024
2.1.2 Electric hoist Consumption CAGR by Region
2.2 Electric hoist Segment by Type
2.2.1 Electric Chain Hoist
2.2.2 Electric Wire Hoist
2.2.3 Other Electric Hoist
2.3 Electric hoist Consumption by Type
2.3.1 Global Electric hoist Consumption Market Share by Type (2014-2019)
2.3.2 Global Electric hoist Revenue and Market Share by Type (2014-2019)
2.3.3 Global Electric hoist Sale Price by Type (2014-2019)
2.4 Electric hoist Segment by Application
2.4.2 Construction Sites
2.4.3 Marinas & Shipyards