Global Industrial Lifting Equipment Market to Reach $114 Billion by 2030
The global market for Industrial Lifting Equipment estimated at US$79.3 Billion in the year 2022, is projected to reach a revised size of US$114 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Fork Lifts, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$25.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lifts segment is readjusted to a revised 4.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $21.1 Billion, While China is Forecast to Grow at 7.2% CAGR
The Industrial Lifting Equipment market in the U.S. is estimated at US$21.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$25 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 27 Featured) -
- Anhui Forklift Truck Group Co., Ltd.
- Cargotec Corporation
- Columbus McKinnon Corporation
- Crown Equipment Corporation
- Haulotte Group
- Hyster-Yale Materials Handling, Inc.
- Ingersoll-Rand PLC
- Jungheinrich AG
- KION Group AG
- KITO Corporation
- Komatsu Ltd.
- Konecranes
- Liebherr Group
- Linamar Corporation
- Mammoet
- Manitowoc Co., Inc.
- Mitsubishi Logisnext Co., Ltd.
- Oshkosh Corporation
- PALFINGER AG
- Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC)
- Tadano Ltd.
- Terex Corporation
- Toyota Industries Corporation
- Xuzhou Construction Machinery Group Co., Ltd.
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anhui Forklift Truck Group Co., Ltd.
- Cargotec Corporation
- Columbus McKinnon Corporation
- Crown Equipment Corporation
- Haulotte Group
- Hyster-Yale Materials Handling, Inc.
- Ingersoll-Rand PLC
- Jungheinrich AG
- KION Group AG
- KITO Corporation
- Komatsu Ltd.
- Konecranes
- Liebherr Group
- Linamar Corporation
- Mammoet
- Manitowoc Co., Inc.
- Mitsubishi Logisnext Co., Ltd.
- Oshkosh Corporation
- PALFINGER AG
- Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC)
- Tadano Ltd.
- Terex Corporation
- Toyota Industries Corporation
- Xuzhou Construction Machinery Group Co., Ltd.
- Zoomlion Heavy Industry Science & Technology Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 237 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 79.3 Billion |
Forecasted Market Value ( USD | $ 114 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |