Data Bridge Market Research analyses that the global lifting equipment market which was USD 74.03 billion in 2023, expected to reach up to USD 107.72 billion by 2031, and is expected to undergo a CAGR of 4.80% during the forecast period.
Lifting Equipment Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Lifting Equipment Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lifting-equipment-market
Which are the top companies operating in the Lifting Equipment Market?
The study report on the Global Lifting Equipment Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Lifting Equipment Market report provides the information of the Top 10 Companies in Lifting Equipment Market in the market their business strategy, financial situation etc.
**Segments**
- **Product Type**: The lifting equipment market can be segmented based on product type into cranes, hoists, forklifts, aerial work platforms, and others. Cranes are further categorized into mobile cranes, fixed cranes, and tower cranes, among others. Hoists are classified as wire rope hoists, chain hoists, and electric hoists. Forklifts include electric forklifts, IC engine forklifts, and others. Aerial work platforms consist of scissor lifts, boom lifts, and vertical mast lifts.
- **Application**: In terms of application, the market for lifting equipment can be segmented into construction, industrial manufacturing, oil & gas, mining, shipping & logistics, and others. The construction sector accounts for a significant share due to the extensive use of lifting equipment for activities such as material handling, lifting heavy loads, and infrastructure development. The industrial manufacturing segment is also a key contributor to the demand for lifting equipment.
- **End-User**: The end-user segment includes sectors such as construction, manufacturing, oil & gas, automotive, aerospace, and others. Each of these sectors has specific requirements for lifting equipment based on load capacity, reach, and operational efficiency. The construction industry, for instance, demands versatile and robust equipment for handling materials at construction sites, while the aerospace sector requires precision and safety in lifting operations.
**Market Players**
- **Liebherr Group**: Liebherr is a prominent player in the lifting equipment market, offering a wide range of cranes, hoists, and other lifting solutions. The company is known for its innovative technologies and advanced features that cater to various industry requirements.
- **Terex Corporation**: Terex is another key player that provides lifting equipment for diverse applications such as construction, mining, and material handling. The company's product portfolio includes aerial work platforms, cranes, and utility equipment.
- **Konecranes**: KonecranesKonecranes is a globally recognized leader in the lifting equipment market, offering a comprehensive range of solutions for various industries. The company has a strong presence in the crane and hoist segment, with a focus on providing high-quality and technologically advanced products. Konecranes' innovative approach and commitment to sustainability have helped establish its reputation as a reliable and trusted supplier of lifting equipment. The company's extensive product portfolio includes overhead cranes, hoists, lift trucks, and automated material handling systems.
Konecranes' presence in key sectors such as manufacturing, logistics, and ports has positioned it as a preferred choice for organizations looking for efficient and reliable lifting solutions. The company's expertise in crane modernization and maintenance services further enhances its value proposition for customers seeking to optimize their lifting operations. Konecranes' focus on digitalization and connectivity solutions, such as the Industrial Internet of Things (IIoT), enables customers to enhance productivity, safety, and operational efficiency.
The lifting equipment market is highly competitive, with players like Konecranes constantly innovating to meet the evolving needs of customers. Technological advancements, such as automation, electrification, and remote monitoring, are driving the demand for smarter and more efficient lifting solutions. Konecranes' strategic acquisitions and partnerships have further expanded its product offerings and market reach, allowing the company to cater to a diverse range of applications and industries.
In terms of market trends, the increasing emphasis on safety regulations and standards is driving the adoption of advanced lifting equipment with integrated safety features. Konecranes' commitment to product safety and compliance positions it well to capitalize on this trend and gain a competitive edge in the market. The growing demand for customized lifting solutions tailored to specific industry requirements presents opportunities for players like Konecranes to develop niche products and services that address unique customer needs.
Overall, Konecranes' strong market position, broad product portfolio, technological expertise, and focus on innovation and sustainability make it a significant player**Market Players**
Anhui Heli Co., Ltd. (China), HAULOTTE GROUP (France), Ingersoll Rand (US), SSAB (Sweden), Zoomlion Heavy Industry Science&Technology Co., Ltd. (China), Hyster-Yale Materials Handling, Inc. (US), PALFINGER AG (Austria), Cargotec Corporation (Finland), Columbus McKinnon Corporation (US), TOYOTA INDUSTRIES CORPORATION (Japan), KITO CORPORATION (Japan), XCMG Group (China), Linamar (copyright), Terex Corporation (US), Jungheinrich AG (Germany), Liebherr (Germany), Konecranes (Finland), The Manitowoc Company, Inc. (US), Tadano Ltd. (Japan), Crown Equipment Corporation (US), Mammoet (Netherlands), Komatsu Ltd. (Japan), MITSUBISHI LOGISNEXT CO.,LTD (Japan).
As a significant player in the lifting equipment market, Konecranes has established itself as a global leader by offering innovative solutions tailored to various industry needs. The company's unwavering commitment to technological advancement and sustainability has solidified its position in the market. Konecranes' diverse product portfolio, ranging from overhead cranes to lift trucks, coupled with its focus on quality and advanced features, has attracted customers across sectors such as manufacturing, logistics, and ports.
Konecranes' strategic initiatives, including investments
Explore Further Details about This Research Lifting Equipment Market Report https://www.databridgemarketresearch.com/reports/global-lifting-equipment-market
Regional Analysis For Lifting Equipment Market
North America (the United States, copyright, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Why B2B Companies Worldwide Rely on us to Grow and Sustain Revenues:
- Get a clear understanding of the Lifting Equipment Market, how it operates, and the various stages of the value chain.
- Understand the current market situation and future growth potential of the Lifting Equipment Market throughout the forecast period.
- Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market and purchase decisions of buyers.
- Understand your competitors’ business structures, strategies, and prospects, and respond accordingly.
- Make more informed business decisions with the help of insightful primary and secondary research sources.
This report provides Global Lifting Equipment Market :
- An in-depth overview of the global market for
- Lifting Equipment Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Global Lifting Equipment Market
- Discussion of R&D, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Lifting Equipment Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
Understanding market trends and industry insights at a regional level is essential for effective decision-making. Our reports are available in multiple regional languages to cater to diverse audiences. These localized reports provide in-depth analyses tailored to specific regions, ensuring businesses and stakeholders can access accurate and relevant information. By offering insights in local languages, we aim to bridge communication gaps and empower regional markets with the knowledge they need to grow and thrive. Explore our reports in your preferred language for a more personalized understanding of industry dynamics.
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Data Bridge Market Research:
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC: +653 1251 1569
Email:- [email protected]"
Lifting Equipment Market Size And Forecast by 2031
Data Bridge Market Research analyses that the global lifting equipment market which was USD 74.03 billion in 2023, expected to reach up to USD 107.72 billion by 2031, and is expected to undergo a CAGR of 4.80% during the forecast period.
Lifting Equipment Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Lifting Equipment Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lifting-equipment-market
Which are the top companies operating in the Lifting Equipment Market?
The study report on the Global Lifting Equipment Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Lifting Equipment Market report provides the information of the Top 10 Companies in Lifting Equipment Market in the market their business strategy, financial situation etc.
**Segments**
- **Product Type**: The lifting equipment market can be segmented based on product type into cranes, hoists, forklifts, aerial work platforms, and others. Cranes are further categorized into mobile cranes, fixed cranes, and tower cranes, among others. Hoists are classified as wire rope hoists, chain hoists, and electric hoists. Forklifts include electric forklifts, IC engine forklifts, and others. Aerial work platforms consist of scissor lifts, boom lifts, and vertical mast lifts.
- **Application**: In terms of application, the market for lifting equipment can be segmented into construction, industrial manufacturing, oil & gas, mining, shipping & logistics, and others. The construction sector accounts for a significant share due to the extensive use of lifting equipment for activities such as material handling, lifting heavy loads, and infrastructure development. The industrial manufacturing segment is also a key contributor to the demand for lifting equipment.
- **End-User**: The end-user segment includes sectors such as construction, manufacturing, oil & gas, automotive, aerospace, and others. Each of these sectors has specific requirements for lifting equipment based on load capacity, reach, and operational efficiency. The construction industry, for instance, demands versatile and robust equipment for handling materials at construction sites, while the aerospace sector requires precision and safety in lifting operations.
**Market Players**
- **Liebherr Group**: Liebherr is a prominent player in the lifting equipment market, offering a wide range of cranes, hoists, and other lifting solutions. The company is known for its innovative technologies and advanced features that cater to various industry requirements.
- **Terex Corporation**: Terex is another key player that provides lifting equipment for diverse applications such as construction, mining, and material handling. The company's product portfolio includes aerial work platforms, cranes, and utility equipment.
- **Konecranes**: KonecranesKonecranes is a globally recognized leader in the lifting equipment market, offering a comprehensive range of solutions for various industries. The company has a strong presence in the crane and hoist segment, with a focus on providing high-quality and technologically advanced products. Konecranes' innovative approach and commitment to sustainability have helped establish its reputation as a reliable and trusted supplier of lifting equipment. The company's extensive product portfolio includes overhead cranes, hoists, lift trucks, and automated material handling systems.
Konecranes' presence in key sectors such as manufacturing, logistics, and ports has positioned it as a preferred choice for organizations looking for efficient and reliable lifting solutions. The company's expertise in crane modernization and maintenance services further enhances its value proposition for customers seeking to optimize their lifting operations. Konecranes' focus on digitalization and connectivity solutions, such as the Industrial Internet of Things (IIoT), enables customers to enhance productivity, safety, and operational efficiency.
The lifting equipment market is highly competitive, with players like Konecranes constantly innovating to meet the evolving needs of customers. Technological advancements, such as automation, electrification, and remote monitoring, are driving the demand for smarter and more efficient lifting solutions. Konecranes' strategic acquisitions and partnerships have further expanded its product offerings and market reach, allowing the company to cater to a diverse range of applications and industries.
In terms of market trends, the increasing emphasis on safety regulations and standards is driving the adoption of advanced lifting equipment with integrated safety features. Konecranes' commitment to product safety and compliance positions it well to capitalize on this trend and gain a competitive edge in the market. The growing demand for customized lifting solutions tailored to specific industry requirements presents opportunities for players like Konecranes to develop niche products and services that address unique customer needs.
Overall, Konecranes' strong market position, broad product portfolio, technological expertise, and focus on innovation and sustainability make it a significant player**Market Players**
Anhui Heli Co., Ltd. (China), HAULOTTE GROUP (France), Ingersoll Rand (US), SSAB (Sweden), Zoomlion Heavy Industry Science&Technology Co., Ltd. (China), Hyster-Yale Materials Handling, Inc. (US), PALFINGER AG (Austria), Cargotec Corporation (Finland), Columbus McKinnon Corporation (US), TOYOTA INDUSTRIES CORPORATION (Japan), KITO CORPORATION (Japan), XCMG Group (China), Linamar (copyright), Terex Corporation (US), Jungheinrich AG (Germany), Liebherr (Germany), Konecranes (Finland), The Manitowoc Company, Inc. (US), Tadano Ltd. (Japan), Crown Equipment Corporation (US), Mammoet (Netherlands), Komatsu Ltd. (Japan), MITSUBISHI LOGISNEXT CO.,LTD (Japan).
As a significant player in the lifting equipment market, Konecranes has established itself as a global leader by offering innovative solutions tailored to various industry needs. The company's unwavering commitment to technological advancement and sustainability has solidified its position in the market. Konecranes' diverse product portfolio, ranging from overhead cranes to lift trucks, coupled with its focus on quality and advanced features, has attracted customers across sectors such as manufacturing, logistics, and ports.
Konecranes' strategic initiatives, including investments
Explore Further Details about This Research Lifting Equipment Market Report https://www.databridgemarketresearch.com/reports/global-lifting-equipment-market
Regional Analysis For Lifting Equipment Market
North America (the United States, copyright, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Why B2B Companies Worldwide Rely on us to Grow and Sustain Revenues:
- Get a clear understanding of the Lifting Equipment Market, how it operates, and the various stages of the value chain.
- Understand the current market situation and future growth potential of the Lifting Equipment Market throughout the forecast period.
- Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market and purchase decisions of buyers.
- Understand your competitors’ business structures, strategies, and prospects, and respond accordingly.
- Make more informed business decisions with the help of insightful primary and secondary research sources.
This report provides Global Lifting Equipment Market :
- An in-depth overview of the global market for
- Lifting Equipment Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Global Lifting Equipment Market
- Discussion of R&D, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Lifting Equipment Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
Understanding market trends and industry insights at a regional level is essential for effective decision-making. Our reports are available in multiple regional languages to cater to diverse audiences. These localized reports provide in-depth analyses tailored to specific regions, ensuring businesses and stakeholders can access accurate and relevant information. By offering insights in local languages, we aim to bridge communication gaps and empower regional markets with the knowledge they need to grow and thrive. Explore our reports in your preferred language for a more personalized understanding of industry dynamics.
Japanese : https://www.databridgemarketresearch.com/jp/reports/global-lifting-equipment-market
Chinese : https://www.databridgemarketresearch.com/zh/reports/global-lifting-equipment-market
Arabic : https://www.databridgemarketresearch.com/ar/reports/global-lifting-equipment-market
Portuguese : https://www.databridgemarketresearch.com/pt/reports/global-lifting-equipment-market
German : https://www.databridgemarketresearch.com/de/reports/global-lifting-equipment-market
French : https://www.databridgemarketresearch.com/fr/reports/global-lifting-equipment-market
Spanish : https://www.databridgemarketresearch.com/es/reports/global-lifting-equipment-market
Korean : https://www.databridgemarketresearch.com/ko/reports/global-lifting-equipment-market
Russian : https://www.databridgemarketresearch.com/ru/reports/global-lifting-equipment-market
Data Bridge Market Research:
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC: +653 1251 1569
Email:- [email protected]"