PUBLISHER: QYResearch | PRODUCT CODE: 1857158
PUBLISHER: QYResearch | PRODUCT CODE: 1857158
The global market for Chain Hoist was estimated to be worth US$ 2185 million in 2024 and is forecast to a readjusted size of US$ 2820 million by 2031 with a CAGR of 3.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Chain Hoist cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A Chain Hoist is a mechanical lifting device that uses a system of gears and a high-strength load chain to raise, lower, and position heavy loads by applying relatively small manual, electric, or pneumatic force, typically consisting of a lifting mechanism, load chain, hooks, and braking system, and is widely used in manufacturing, construction, warehousing, shipbuilding, and maintenance operations for safe and efficient vertical material handling.
In 2024, global Chain Hoists production reached approximately 1.36 million units , with an average global market price of around US$ 1,600 per unit.
Global Chain Hoist key players include TBM, Shanghai yiying, KITO, Columbus McKinnon, etc. Global top four manufacturers hold a share over 25%. China is the largest market, with a share about 35%, followed by Europe, and USA, both have a share over 25 percent. In terms of product, Manual Chain Hoists is the largest segment, with a share over 65%. And in terms of application, the largest application is Factories and warehouse, followed by Construction Sites, Marine and Ports, Mining and Excavating Operation, etc.
The market potential for Chain Hoists is underpinned by their indispensable role as versatile, cost-effective, and safe lifting solutions across industries such as construction, manufacturing, logistics, mining, shipbuilding, automotive, and energy, with demand fueled by global infrastructure development, urbanization, industrial automation, and stricter workplace safety regulations, as chain hoists-whether manual, electric, or pneumatic-offer the advantages of compact design, high load capacity, and adaptability to diverse working conditions, making them attractive for small workshops as well as large-scale industrial projects, while the industrial chain of chain hoists starts upstream with the supply of essential raw materials and components including alloy steel, precision gear systems, load chains, braking mechanisms, hooks, and electrical or pneumatic drive units, then extends midstream to specialized manufacturers who integrate these components into finished products that meet international safety and quality standards such as ISO and CE, often investing in innovations like ergonomic designs, energy efficiency, smart monitoring features, and explosion-proof performance to cater to specific end-user requirements, and continues downstream with distributors, rental companies, engineering contractors, and direct sales to end-users who rely on chain hoists for efficient material handling, supported further by after-sales services such as maintenance, spare parts, operator training, and safety inspections, thereby forming a complete value network where upstream suppliers focus on stronger and lighter materials, midstream manufacturers concentrate on technology upgrades and customization, and downstream players emphasize accessibility, reliability, and lifecycle support, all of which together create a positive feedback loop that drives steady global market growth, ensures competitiveness in both mature and emerging economies, and positions chain hoists as a long-term essential tool in industrial, construction, and logistics sectors undergoing modernization and expansion.
This report aims to provide a comprehensive presentation of the global market for Chain Hoist, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Chain Hoist by region & country, by Type, and by Application.
The Chain Hoist market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chain Hoist.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Chain Hoist manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Chain Hoist in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Chain Hoist in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.