Global Handling and Lifting Equipment Market Growth 2023-2029

Global Handling and Lifting Equipment Market Growth 2023-2029

Currently, cranes and lifting frames account for 18.1% of the global demand while the remaining market share is divided between work trucks (17.9%), continuous-action goods conveyors and elevators (10.7%), lifts and skip hoists (6.7%), capstans and winches (4.3%), hoists and jacks (4.3%), escalators and moving walkways (1.8%), pneumatic conveyors and elevators (1.1%), pulley tackle and hoists (0.8%), ski-lifts, chair-lifts and teleferiques (0.3%), other handling and lifting equipment (12.0%) and parts of handling and lifting equipment (21.9%).

LPI (LP Information)' newest research report, the “Handling and Lifting Equipment Industry Forecast” looks at past sales and reviews total world Handling and Lifting Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Handling and Lifting Equipment sales for 2023 through 2029. With Handling and Lifting Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Handling and Lifting Equipment industry.

This Insight Report provides a comprehensive analysis of the global Handling and Lifting Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Handling and Lifting Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Handling and Lifting Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Handling and Lifting Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Handling and Lifting Equipment.

The global Handling and Lifting Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The demand for handling and lifting equipment is on the rise due to rapid infrastructure development and increasing construction activities across the globe. Since handling and lifting equipment help to move materials between factories and warehouses, its demand among the end users in the manufacturing sector will increase significantly. Moreover, the ability of such equipment to bolster the efficiency of modern production processes will also lead to its increased adoption in sectors where the production processes are automated.

This report presents a comprehensive overview, market shares, and growth opportunities of Handling and Lifting Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cranes
Forklifts
Conveyor Belt
Hoists

Segmentation by application
Dam Building
Bridge Building
Shipyards
Power Plants
High Rise Buildings

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Komatsu
Konecranes
Liebherr
American Crane and Equipment
Cargotec
Escorts Construction Equipment
Haulotte (Pinguely-Haulotte)
Manitex International
Manitowoc Cranes
Sany Group
Shandong Dahan Construction Machinery
Tadano

Key Questions Addressed in this Report

What is the 10-year outlook for the global Handling and Lifting Equipment market?

What factors are driving Handling and Lifting Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Handling and Lifting Equipment market opportunities vary by end market size?

How does Handling and Lifting Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.