PUBLISHER: TechSci Research | PRODUCT CODE: 1091497
PUBLISHER: TechSci Research | PRODUCT CODE: 1091497
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Spain Hook Lift Market was valued at USD25.04 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 8.58% owing to rising construction activities in the country, expansion in the country's logistics sector and the government initiatives for enhanced waste management system within the country. Rapidly expanding construction industry supported by surging demand for residential, commercial and industrial infrastructure construction is anticipated to further drive the growth of the Spain hook lift market in the upcoming five years. Additionally, growing demand for more efficient and effective equipment that can serve the growing industry of freight movement and logistics sector is also fueling the growth of the Spain hook lift market in the forecast period. Moreover, considerable demand from the municipality corporation in Spain as well as growing forestry work in the country adds to the growing demand for the hook lifts, thereby aiding the growth of the Spain hook lift market in the next five years.
Additionally, growing concerns toward waste reduction also substantiates the growth of the Spain hook lift market in the future years. Growing industrialization, dumping of wastes, concerns regarding environmental degradation aids the demand for heavy machinery for the upliftment of the waste and proper disposal of the same, thereby fueling the future growth of the Spain hook lift market in the forecast period.
The Spain hook lift market is segmented by capacity, product type, application, competitive landscape and regional distribution. Based on capacity, the market is further segmented into 3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more. By product type, the market is fragmented into normal, telescopic and others. Based on application, the market is segmented into waste & recycling, construction & mining, municipalities, logistics, and others. The logistics segment by application held the largest revenue shares of the market and is expected to dominate the market in the upcoming five years due to increasing infrastructure development in the country. Due to the rapidly increasing population of the country along with the increasing tourism sector, the demand for the residential buildings and hotels, restaurants are further increasing. With further enhancement in the mining activities the market is anticipated to lead in the future years.
B.o.B. Sistemi Idraulici SpA, Hyva Iberica S.A., Cayvol Comercial, S.L., Jovenes Industriales Metalurgicos Componentes Arahalenses, S.L., Palfinger Iberica, S.L., Hiab Iberia S.L.U., Meiller Iberia SL, VDL Groep BV, and Pris-Mag Srl.are among the major market players in the Spain Hook Lift Market.
Years considered for this report:
Historical Years: 2017 - 2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F - 2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Spain hook lift market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Spain Hook Lift Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
6-10 tons
3-5 tons
11-15 tons
15 tons and more
Telescopic
Normal
Others
Logistics
Construction & Mining
Waste & Recycling
Municipalities
Others
East
South
North
Central
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Spain Hook Lift Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information