Hoist & Chains Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The hoist chain market size exceeded USD 4.5 million in 2017 and is expected to expand at a CAGR of more than 10.0% during the forecast period.

Strong demand for material handling equipment in the aerospace and defense industry will increase the demand for hoists, which will have a positive impact on the overall hoist chain market size in the coming years. Hoists are widely applied for lifting, turning and placing large components in the assembly line of aircraft assembly/maintenance, warehouse and cargo movement. Mainly in the Asia Pacific region, the increase in personal income and the increase in passenger air travel will promote the commercial aerospace industry in the region, triggering the demand for hoists and positively impact the lifting chain market size for the coming forecast period.

Hoist & Chains Market Segmentations

By Type

• Profile chain
• Round chain
• Others

By End-use application

• Automotive
• Marinas & Shipyards
• Construction Sites
• Mining & Excavating Operation
• Aerospace
• Others

By Mode of operation

• Manual Chain Hoists
• Electric Chain Hoists
• Others

Company Profiles

• Columbus McKinnon Corporation
• Demag Cranes & Components Corp.
• Gunnebo Industries AB
• Harrington Hoists, Inc.
• KITO Chain Italia S.r.l.
• pewag International GmbH
• RUD Ketten Rieger & Dietz GmbH u. Co. KG
• The David Round Company, Inc.
• THIELE GmbH & Co. KG
• US Cargo Control

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Hoist & Chains Market Report

• What was the Hoist & Chains Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Hoist & Chains Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Hoist & Chains Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.