Global Industrial Lifting Equipment Market (2018-2023) by Forklift, Aerial Work Platform and Crane & Hoist - Market to Reach $79.73 Billion - ResearchAndMarkets.com

DUBLIN--()--The "Industrial Lifting Equipment Market by Forklift (Class (1, 2, 3, and 4&5), Operation, Application), Aerial Work Platform (Type (Boom Lift, Scissor Lift), Application), Crane & Hoist (Type, Operation, Industry), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The industrial lifting equipment market is estimated to grow from USD 63.96 Billion in 2018 to reach USD 79.73 Billion by 2023, growing at a CAGR of 4.51% between 2018 and 2023.

Asia Pacific is estimated to account for the largest share of the overall industrial lifting equipment market. However, the industrial lifting equipment market in Europe and North America is likely to witness substantial growth. Asia Pacific is the most lucrative market for cranes and hoists, owing to the significant investment being made for construction activities in the region. The rising need for infrastructure in developing economies such as India and China supplements the growth of the industrial lifting equipment market in this region.

Market Dynamics

Drivers

  • Increasing Demand for Lifting Loads in the Shipping Industry
  • Growing Demand for Forklifts in the Warehouse and Logistics Segment
  • Rising Demand for Cranes and Hoists in the Mining Industry

Restraints

  • High Initial Investment

Opportunities

  • Growth of the E-Commerce Industry
  • Rising Demand in the Construction Industry
  • Development of Customized Forklifts

Challenges

  • Lack of Skilled Operators

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Forklift Market, by Operations

8 Forklift Market, by Class

9 Forklift Market, by Application

10 Aerial Work Platforms Market, by Type

11 Aerial Work Platforms Market, by Application

12 Cranes Market, by Type

13 Cranes Market, by Operations

14 Hoists Market, by Type

15 Hoists Market, by Operations

16 Cranes and Hoists Market, by Industry

17 Regional Analysis: Industrial Lifting Equipment Market

18 Competitive Landscape

19 Company Profiles

  • Anhui Forklift Truck Group
  • Cargotec
  • Columbus Mckinnon
  • Crown Equipment
  • Haulotte Group
  • Hyster-Yale Materials Handling
  • Ingersoll-Rand
  • Jungheinrich
  • Kion Group
  • Kito
  • Komatsu
  • Konecranes
  • Liebherr
  • Linamar
  • Mammoet
  • Manitowoc
  • Mitsubishi Logisnext
  • Oshkosh
  • Palfinger
  • Shanghai Zhenhua Heavy Industry (ZPMC)
  • Tadano
  • Terex
  • Toyota Industries
  • Xuzhou Construction Machinery Group (XCMG)
  • Zoomlion

For more information about this report visit https://www.researchandmarkets.com/research/7jdjtg/global_industrial?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cranes and Lifting Equipment , Forklifts

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cranes and Lifting Equipment , Forklifts