Global Chain Hoist Market Production, Market Drivers, Growth Rate, Distributors
Posted by Deeksha on March 13th, 2019
A newly compiled business intelligent report, titled “Global Chain Hoist Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of (Chain Hoist) market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects. As the report proceeds, information regarding the prominent trends as well as opportunities in the key geographical segments have also been explained, thus enabling companies to be able to make region-specific strategies for gaining competitive lead.
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Chain Hoist is a mechanical device for lifting material, consisting of chain around a drum or wheel lift, and a hook for attaching payload.
Scope of the Report:
In terms of production, the global chain hoist market accounted for 3593 K Units in 2015, and is anticipated to reach 4991 K Units by 2021.
China is the dominant producer and exporter of chain hoist, the production of chain hoist is 1639 K Unit in 2015, according about 45.62% of the total amount. China is also the biggest consumer of chain hoist, with the consumption market share of about 38.13% in 2015. EU is the second largest production area, with the market share of 19.01% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
Leading players in chain hoist industry are Columbus McKinnon, Terex, KITO, Konecranes, and Hitachi Industrial. Columbus McKinnon is the largest manufacturer, occupies about 14.48% share of the market.
The price of chain hoist is lower year by year from 569 USD/Unit in 2011 to 524 USD/Unit in 2015. The product profit margin is about 27.41% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
The worldwide market for Chain Hoist is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 2580 million US$ in 2024, from 2060 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Chain Hoist in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Columbus McKinnon
Terex
KITO
Konecranes
Hitachi Industrial
Stahl
ABUS crane systems
Ingersoll Rand
TBM
Zhejiang Guanlin
Zhejiang Wuyi
J.D.Neuhaus L.P.
Verlinde
Liftket
Shanghai yiying
TOYO
TXK
Chongqing Kinglong
WKTO
DAESAN
GIS AG
Nucleon
PLANETA
Liaochengwuhuan
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Manual Chain Hoists
Electric Chain Hoists
Others
Market Segment by Applications, can be divided into
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others
Browse Full Report with TOC https://www.marketresearchhub.com/report/global-chain-hoist-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024-report.html
Table of Contents
1 Market Overview
1.1 Chain Hoist Introduction
1.2 Market Analysis by Type
1.2.1 Manual Chain Hoists
1.2.2 Electric Chain Hoists
1.2.3 Others
1.3 Market Analysis by Applications
1.3.1 Factories
1.3.2 Construction Sites
1.3.3 Marinas & Shipyards
1.3.4 Mining & Excavating Operation
1.3.5 Warehouse
1.3.6 Others
To be continue@@
