Global Lifting Tong Market Growth 2023-2029

Global Lifting Tong Market Growth 2023-2029

Lifting Tongs are specialized lifting tools used primarily for moving steel shapes in a repetitive production environment.

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

This Insight Report provides a comprehensive analysis of the global Lifting Tong 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 Lifting Tong portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lifting Tong market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lifting Tong 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 Lifting Tong.

The global Lifting Tong 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.

United States market for Lifting Tong is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Lifting Tong is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Lifting Tong is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Lifting Tong players cover Bishop Lifting Products, Bushman Equipment, Inc., Hercules SLR, Tri-State Rigging Equipment, Professional Lifting Services Ltd, Mcmaster, Pragya Precision Equipment, Bozok Defense and Wm Clark and Son, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Supporting Tong
Gripping Tong
Pressure Tong

Segmentation by application
Automobile
Aeronautics and Astronautics
Metallurgical
Manufacturing
Other

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.
Bishop Lifting Products
Bushman Equipment, Inc.
Hercules SLR
Tri-State Rigging Equipment
Professional Lifting Services Ltd
Mcmaster
Pragya Precision Equipment
Bozok Defense
Wm Clark and Son
SA Industries
Super Tool Co.,Ltd.
Wuxi Fengying hoisting machinery
Hebei Chenghua Machinery Manufacturing Co. LTD
Baoding Dali Hoisting Machinery Co., LTD
Jiangsu Zhengshen Suo Co., LTD

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lifting Tong market?

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

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

How do Lifting Tong market opportunities vary by end market size?

How does Lifting Tong 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.