Global Industrial Lifting Equipment Market Size, Trends & Growth Opportunity, By Type, By Mechanism, By Nature of Installation, By Application, Regional Outlook, Competitive Market Share & Forecast, 2022-2027

Global Industrial Lifting Equipment Market

Global Industrial Lifting Equipment Market was valued at USD 69.23 billion in 2021 and expected to reach USD 93.62 billion by 2027 at a CAGR 4.97 %from 2022 -2027.

Heavy machinery and equipment must be lifted or moved from one location to another using industrial lifting equipment. Cranes, hoists, forklifts, stackers, hook-pulleys, and other industrial lifting equipment fall into these categories. They have a variety of uses in factories, buildings, fabrication shops, dockyards, warehouses, and other places.

Market Drivers

The main factor driving the growth of the global industrial lifting equipment market is the rise in demand for lifting equipment’s as a result of increased warehousing and logistics industry usage. The expansion of industrialization activities will also increase demand for the product from the mining and construction sectors, which will benefit market expansion.

Additionally, the shipping industry's growing need for lifting equipment is anticipated to fuel the expansion of the global market for industrial lifting equipment.

Market Restraints

The primary restraint on the growth of the global industrial lifting equipment market, however, is the high investment cost. Additionally, a shortage of skilled workers will hinder market expansion.

Market Segmentation

The Global Industrial Lifting Equipment Market is segmented into type such as Lifts, Pallet Trucks, Forklifts, Stackers, and Robotic Arms, by mechanism such as Magnetic, Electrical, Hydraulic, Pneumatic, and Scissor Lifts, by nature of installation such as Overhead, Vehicle Mounted, and Fulcrum.

Further, market is segmented into application such as Manufacturing industry, Shipping dockyards & warehouses, and Process Industry.

Regional Analysis

The Global Industrial Lifting Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

During the forecast period, the Asia Pacific region is anticipated to have the highest CAGR. This is primarily attributable to the fact that the global market for industrial lifting equipment has seen an increase in demand for lifting loads in the shipping sector, forklift sales in the warehouse and logistics sector, and crane and hoist sales in the mining sector.

Market Key Players

Various key players are discussed into this report such as Toyota Industries, Columbus Mckinnon, Manitowoc, Konecranes, Terex, Cargotec, Liebherr, Jungheinrich, Hyster-Yale Materials Handling, and Kion Group.

Market Taxonomy

By Type

Lifts
Pallet Trucks
Forklifts
Stackers
Robotic Arms

By Mechanism

Magnetic
Electrical
Hydraulic
Pneumatic
Scissor Lifts

By Nature of Installation

Overhead
Vehicle Mounted
Fulcrum

By Application

Manufacturing industry,
Shipping dockyards & warehouses
Process Industry

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 Global Industrial Lifting Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global Industrial Lifting Equipment Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Industrial Lifting Equipment Market Share Analysis, By Type
5.3 Global Industrial Lifting Equipment Market Size and Forecast, By Type
5.3.1 Lifts
5.3.2 Pallet Trucks
5.3.3 Forklifts
5.3.4 Stackers
5.3.5 Robotic Arms

6 Global Industrial Lifting Equipment Market, By Mechanism
6.1 Y-o-Y Growth Comparison, By Mechanism
6.2 Global Industrial Lifting Equipment Market Share Analysis, By Mechanism
6.3 Global Industrial Lifting Equipment Market Size and Forecast, By Mechanism
6.3.1 Magnetic
6.3.2 Electrical
6.3.3 Hydraulic
6.3.4 Pneumatic
6.3.5 Scissor Lifts

7 Global Industrial Lifting Equipment Market, By Nature of Installation
7.1 Y-o-Y Growth Comparison, By Nature of Installation
7.2 Global Industrial Lifting Equipment Market Share Analysis, By Nature of Installation
7.3 Global Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
7.3.1 Overhead
7.3.2 Vehicle Mounted
7.3.3 Fulcrum

8 Global Industrial Lifting Equipment Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Industrial Lifting Equipment Market Share Analysis, By Application
8.3 Global Industrial Lifting Equipment Market Size and Forecast, By Application
8.3.1 Manufacturing Industry
8.3.2 Shipping, Dockyards, & warehouses
8.3.3 Process Industry

9 Global Industrial Lifting Equipment Market, By Region
9.1 Global Industrial Lifting Equipment Market Share Analysis, By Region
9.2 Global Industrial Lifting Equipment Market Share Analysis, By Region
9.3 Global Industrial Lifting Equipment Market Size and Forecast, By Region

10 North America Industrial Lifting Equipment Analysis and Forecast (2022 - 2027)
10.1 Introduction
10.2 North America Industrial Lifting Equipment Market Share Analysis, By Type
10.3 North America Industrial Lifting Equipment Market Size and Forecast, By Mechanism
10.4 North America Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
10.5 North America Industrial Lifting Equipment Market Size and Forecast, By Application
10.6 North America Industrial Lifting Equipment Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico

11 Europe Industrial Lifting Equipment Market Analysis and Forecast (2022 - 2027)
11.1 Introduction
11.2 Europe Industrial Lifting Equipment Market Share Analysis, By Type
11.3 Europe Industrial Lifting Equipment Market Size and Forecast, By Mechanism
11.4 Europe Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
11.5 Europe Industrial Lifting Equipment Market Size and Forecast, By Application
11.6 Europe Industrial Lifting Equipment Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe

12 Asia Pacific Industrial Lifting Equipment Market Analysis and Forecast (2022 - 2027)
12.1 Introduction
12.2 Asia Pacific Industrial Lifting Equipment Market Share Analysis, By Type
12.3 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Mechanism
12.4 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
12.5 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Application
12.6 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific

13 Latin America Industrial Lifting Equipment Market Analysis and Forecast (2022 - 2027)
13.1 Introduction
13.2 Latin America Industrial Lifting Equipment Market Share Analysis, By Type
13.3 Latin America Industrial Lifting Equipment Market Size and Forecast, By Mechanism
13.4 Latin America Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
13.5 Latin America Industrial Lifting Equipment Market Size and Forecast, By Application
13.6 Latin America Industrial Lifting Equipment Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America

14 Middle East Industrial Lifting Equipment Market Analysis and Forecast (2017 - 2027)
14.1 Introduction
14.2 Middle East Industrial Lifting Equipment Market Share Analysis, By Type
14.3 Middle East Industrial Lifting Equipment Market Size and Forecast, By Mechanism
14.4 Middle East Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
14.5 Middle East Industrial Lifting Equipment Market Size and Forecast, By Application
14.6 Middle East Industrial Lifting Equipment Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa

15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies

16 Company Profiles
16.1 Toyota Industries
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Columbus Mckinnon
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Manitowoc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Konecranes
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Cargotec
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Liebherr
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Jungheinrich
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Hyster-Yale Materials Handling
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Kion Group
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Terex
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies