Global Chain Hoist Industry 2019-2024 Market Size, Share, Trends, Manufacturers, Revenue, Opportunity, Growth and Forecasts Report
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 study.
Pune, India – February 27, 2019 /MarketersMedia/ —
Latest research report on Global Chain Hoist Industry 2019 research report now available at a high quality database of orianresearch.com with market size, share, growth, trend, demand, outlook, classification revenue details, competitive scenario, industry analysis, markets forecast, manufacturers, type, application and global Chain Hoist Industry overview.
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The report includes Different parts, dealing with:
Basic information
Chain Hoist industry analysis
Market entry and investment feasibility analysis
Report conclusion.
The Major Key Players Coverage (Sales data, Main Products & Services etc.):
Columbus McKinnon
Terex
KITO
Konecranes
Hitachi Industrial
Stahl
ABUS crane systems
Ingersoll Rand
TBM
Zhejiang Guanlin
Zhejiang Wuyi
J.D.Neuhaus L.P.
Global Chain Hoist Industry is spread across 138 pages, profiling 24 companies and supported with tables and figures.
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Product Type Coverage (Market Size & Forecast, Major Business of Product Type etc.):
Manual Chain Hoists
Electric Chain Hoists
Others
Product Applications (Industry Size & Forecast, Consumer Distribution):
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operation
Warehouse
Others
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.
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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.
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
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Source: MarketersMedia
Release ID: 486569
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