Global Industrial Lifting Equipment Market Insights, Industry Status, Market DemPosted by Deeksha on January 25th, 2019 The global market status for Industrial Lifting Equipment is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Industrial Lifting Equipment Market” Insights, Forecast to 2025, which tends to deliver in-depth knowledge associated to the Industrial Lifting Equipment market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and geography; making it quite useful for the readers. Get Sample Copy of This Report @ https://www.marketresearchhub.com/enquiry.php?type=S&repid=2040678 Lifting equipment is a general term for any equipment that can be used to lift loads. In this report, the overall industrial lifting equipment market has been segmented on the basis of four lifting equipment forklift, aerial work platform, crane, and hoist. In 2017, cranes held the largest share of the overall industrial lifting equipment market. Cranes are an integral part of the global material handling industry. The increasing demand for construction machinery in the construction industry and in the mining industry for ore extraction are driving the demand for cranes. The market for hydraulic cranes by operations held the largest market share in 2017. Hydraulic cranes are widely used for hoisting and moving heavy materials in shipyards, warehouses, and industrial workshops. Moreover, hydraulic cranes are used in transport, manufacturing, and construction industries. 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. The Industrial Lifting Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Lifting Equipment. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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