Hoist Controller Market Size - By Type, By Hoist, By End-User, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023- 2032

Description

List of Tables

Global Hoist Controller Market will witness 3% CAGR between 2023 and 2032, attributed to the expansion of the construction and industrial sectors. Additionally, the emphasis on workplace safety has led to the adoption of advanced hoist controllers with enhanced safety features. Moreover, technological advancements, including the integration of automation and smart control systems, have further boosted the market. As industries strive for efficiency and safety, the hoist controller market will continue to thrive.

The rising number of company launches and adoption of various hoist systems also supports market growth. For instance, in May 2023, Demag, the world's leading supplier of industrial cranes, introduced an innovative rope hoist series characterized by its compact size and diverse options. The DVR series presents customers with four design choices. The F-DVR, a floor-mounted hoist, supports loads of up to 80 tons, making it suitable for stationary applications or as a hoisting solution for specialized trolleys, with seamless integration into pre-existing steel structures.

The overall Hoist Controller Market is classified based on type, end-user, and region.

The automatic hoist controller industry will undergo significant development from 2023 to 2032. These advanced controllers offer seamless and precise control of hoisting equipment, enhancing operational efficiency and safety. Industries like manufacturing, construction, and logistics increasingly favor automatic hoist controllers to streamline material handling processes. As automation becomes a cornerstone of modern industries, the demand for automated hoist controllers continues to grow, making them a vital component in the hoist controller market.

The automotive segment will demonstrate a noteworthy CAGR from 2023 to 2032. Automotive manufacturers rely on hoist controllers for efficient assembly line operations, facilitating the lifting and positioning of heavy components. Precise control and safety features are paramount in this application, driving the need for advanced hoist controllers. As the automotive industry continues to evolve, these controllers remain essential, ensuring streamlined and safe production processes.

Europe hoist controller market share will exhibit commendable growth from 2023 to 2032. The continent's thriving industrial and manufacturing sectors rely on hoist controllers for efficient material handling. Additionally, rising number of product launches in the construction industry by leading companies supports market growth in the region.

For instance, in October 2023, Hoist UK, a leading lifting and handling solutions company, introduced an innovative series of light crane systems meticulously crafted to serve as a flexible and adaptable solution for lifting and handling. Stringent safety regulations, a focus on workplace safety, and the adoption of advanced automation technologies contribute to market growth. As European industries prioritize efficiency and safety, the demand for hoist controllers remains strong, making them a crucial component in the region.

Product Code: 2695

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market definition
1.3 Market estimation & forecast parameters
1.4 Data source
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Hoist controller market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Hoist type trends
- 2.1.3 Type by end-user trends
- 2.1.4 End-user trends
- 2.1.5 Regional trends

Chapter 3 Hoist Controller Industry Insights

3.1 Industry segmentation
3.2 Industry size and forecast, 2018 - 2032
3.3 Industry ecosystem analysis
- 3.3.1 Profit margin
- 3.3.2 Value addition
- 3.3.3 Distribution channel analysis
- 3.3.4 Vendor matrix
  - 3.3.4.1 List of key manufacturers/suppliers
  - 3.3.4.2 List of key/potential customers
3.4 Industry impact forces
- 3.4.1 Growth drivers
  - 3.4.1.1 Growing product demand from various end-user industries
  - 3.4.1.2 Increasing product consumption from cranes
- 3.4.2 Industry pitfalls & challenges
  - 3.4.2.1 Availability of sub-standard handheld controllers
3.5 Growth potential analysis, handheld hoist controllers
3.6 Growth potential hoists, automatic hoist controllers
3.7 Price trends, handheld hoist controllers
- 3.7.1 Cost structure analysis
  - 3.7.1.1 R&D cost
  - 3.7.1.2 Manufacturing & equipment cost
  - 3.7.1.3 Raw material cost
  - 3.7.1.4 Distribution cost
  - 3.7.1.5 Operating cost
  - 3.7.1.6 Miscellaneous cost
- 3.7.2 Average price, by hoist type, 2018 - 2032
- 3.7.3 Average price, by end-user, 2018 - 2032
- 3.7.4 Average price, by region, 2018 - 2032
3.8 Price trends, automatic hoist controllers
- 3.8.1 Cost structure analysis
  - 3.8.1.1 R&D cost
  - 3.8.1.2 Manufacturing & equipment cost
  - 3.8.1.3 Raw material cost
  - 3.8.1.4 Distribution cost
  - 3.8.1.5 Operating cost
  - 3.8.1.6 Miscellaneous cost
- 3.8.2 Average price, by hoist type, 2018 - 2032
- 3.8.3 Average price, by end-user, 2018 - 2032
- 3.8.4 Average price, by region, 2018 - 2032
3.9 Competitive landscape, 2022
- 3.9.1 Company market share, 2022
- 3.9.2 Strategy dashboard
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Hoist Controller Market, By Hoist Type

4.1 Global hoist controller market, hoist type trends
4.2 Electric
- 4.2.1 Market estimates and forecast, 2018 - 2032
- 4.2.2 Market estimates and forecast, by region, 2018 - 2032
4.3 Hydraulic
- 4.3.1 Market estimates and forecast, 2018 - 2032
- 4.3.2 Market estimates and forecast, by region, 2018 - 2032

Chapter 5 Hoist Controller Market, Type By End-User

5.1 Global hoist controller market, type trends
5.2 Handheld
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by end-user, 2018 - 2032

Automotive

Cement

Chemical

Construction

Marine

Metal processing

Others

5.2.3 Market estimates and forecast, by region, 2018 - 2032

5.3 Automatic
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by end-user, 2018 - 2032