“Electric hoist Market Report 2019 to 2024” is the definitive study of the global Electric hoist market. The content includes orientation technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and equipment suppliers.
The report firstly introduced the Electric hoist basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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About Electric hoist Industry
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.
The worldwide market for Electric hoist is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 1990 million US$ in 2024, from 1630 million US$ in 2019, according to a new GIR (Global Info Research) study.
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.
The overviews, SWOT analysis and strategies of each vendor in the Electric hoist market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Electric hoist market are:–
Li An Machinery
DL Heavy Industry
Chi Zong Machine
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Production Analysis: SWOT analysis of major key players of Electric hoist industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Electric hoist Market are:
Marinas & Shipyards
Mining & Excavating Operation
Product Segment Analysis of the Electric hoist Market is:
Electric Chain Hoist
Electric Wire Hoist
Other Electric Hoist
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The scope of Electric hoist Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Key Highlights of the Report:
• Historical data of Global Electric hoist Market for the Period 2015-2017
• Market Size & Forecast of Global Electric hoist Market until 2024
• Historical data of European Electric hoist Market for the Period 2015-2017
• Market Size & Forecast of European Electric hoist Revenue Market until 2024
• Historical data of North America Electric hoist Market for the Period 2015-2017
• Market Size & Forecast of North America Electric hoist Revenue Market until 2024
• Historical data of Asia & Pacific Electric hoist Market for the Period 2015-2017
• Market Size & Forecast of Asia & Pacific Electric hoist Revenue Market until 2024
• Historical data of Middle East & Africa Electric hoist Market for the Period 2015-2017
• Market Size & Forecast of Middle East & Africa Electric hoist Revenue Market until 2024
• Market Drivers and Restraints
• Players Market Share
• Key Strategic Pointers
The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Electric hoist market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Electric hoist Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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