Lever Hoist Market Report: Trends, Forecast and Competitive Analysis to 2030

Lever Hoist Trends and Forecast

The future of the global lever hoist market looks promising with opportunities in the industrial manufacturing, construction, and oil & gas, mining markets. The global lever hoist market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising demand from industrial and construction industry, increasing urbanization and rising disposable incomes, and growing requirement for material handling equipment and automation across various end use industries.

A more than 150-page report is developed to help in your business decisions.

Lever Hoist by Segment

The study includes a forecast for the global lever hoist by type, application, and region.

Lever Hoist Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Light Capacity
• Standard Capacity
• Heavy Capacity

Lever Hoist Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Industrial Manufacturing
• Construction
• Oil & Gas
• Mining
• Others

Lever Hoist Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Lever Hoist Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies lever hoist companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lever hoist companies profiled in this report include-

• Columbus Mckinnon
• Lug-All
• Tiger Lifting
• JET Tools
• Kito
• PLANETA
• Carl Stahl

Lever Hoist Market Insights

Lucintel forecasts that standard capacity will remain the largest segment over the forecast period due to growing demand for standard capacity lever hoists from the construction and industrial sectors.

Within this market, construction will remain the largest segment due to growing demand for high-rise buildings and other large-scale infrastructure projects supported by increasing construction activities.

APAC will remain the largest region during the forecast period due to rapid industralization and urbanization and government investments in infrastructure.

Features of the Global Lever Hoist Market

Market Size Estimates: Lever hoist market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Lever hoist market size by type, application, and region in terms of value ($B).

Regional Analysis: Lever hoist market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the lever hoist market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lever hoist market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the lever hoist market size?

Answer: The global lever hoist market is expected to reach an estimated $2.5 billion by 2030.

Q.2 What is the growth forecast for lever hoist market?

Answer: The global lever hoist market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the lever hoist market?

Answer: The major drivers for this market are rising demand from industrial and construction industry, increasing urbanization and rising disposable incomes, and growing requirement for material handling equipment and automation across various end use industries.

Q4. What are the major segments for lever hoist market?

Answer: The future of the lever hoist market looks promising with opportunities in the industrial manufacturing, construction, and oil & gas, mining markets.

Q5. Who are the key lever hoist market companies?

Answer: Some of the key lever hoist companies are as follows:

• Columbus Mckinnon
• Lug-All
• Tiger Lifting
• JET Tools
• Kito
• PLANETA
• Carl Stahl

Q6. Which lever hoist market segment will be the largest in future?

Answer: Lucintel forecasts that standard capacity will remain the largest segment over the forecast period due to growing demand for standard capacity lever hoists from the construction and industrial sectors.

Q7. In lever hoist market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region during the forecast period due to rapid industralization and urbanization and government investments in infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the lever hoist market by type (light capacity, standard capacity, and heavy capacity), application (industrial manufacturing, construction, oil & gas, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?