World Handling and Lifting Equipment Market to Grow 3.5% annually from 2016 to 2020

World Handling and Lifting Equipment Market
China, Cyprus, Germany, Philippines and the United States are considered the highest potential markets in the coming years.
 
According to recently published research report, the expansion of the global handling and lifting equipment industry is forecast to reach 3.5% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 5.8%. Currently, cranes and lifting frames account for 18.1% of the global demand while the remaining market share is divided between work trucks (17.9%), continuous-action goods conveyors and elevators (10.7%), lifts and skip hoists (6.7%), capstans and winches (4.3%), hoists and jacks (4.3%), escalators and moving walkways (1.8%), pneumatic conveyors and elevators (1.1%), pulley tackle and hoists (0.8%), ski-lifts, chair-lifts and teleferiques (0.3%), other handling and lifting equipment (12.0%) and parts of handling and lifting equipment (21.9%).
 
China, Germany, Japan, South Korea and the United States represent the largest handling and lifting equipment markets while the strongest annual growth is forecast to occur in Cyprus (22.0%), Philippines (11.1%), Ethiopia (10.3%), Vietnam (7.6%) and Lebanon (7.4%).
 
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, The study calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential handling and lifting equipment markets in the coming years are:
 
Ranking
Country
Market Potential Rate
1
China
0.72
2
United States
0.27
3
Cyprus
0.22
4
Philippines
0.11
5
Germany
0.11
6
Ethiopia
0.10
7
South Korea
0.10
8
Japan
0.09
9
Vietnam
0.08
10
Lebanon
0.08
11
Bangladesh
0.07
12
Italy
0.07
13
Spain
0.06
14
Ukraine
0.06
15
Ecuador
0.06
16
France
0.06
17
Malaysia
0.06
18
Malawi
0.06
19
Panama
0.05
20
Thailand
0.05
 
The market information is based on new industry data reports. The reports offer the most up-to-date industry data on the actual market situation, trends, and future outlook for handling and lifting equipment in the world and individual countries.

World Continuous-Action Goods Conveyor and Elevator Market to Grow 4.7% annually from 2016 to 2020 :

According to recently published research, the expansion of the global continuous-action goods conveyor and elevator industry is forecast to reach 4.7% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 8.7%. Currently, belt type continuous-action goods conveyors and elevators account for 34.4% of the global demand while the remaining market share is divided between bucket type continuous-action goods conveyors and elevators (6.1%) and other continuous-action goods conveyors and elevators (59.6%). China, Germany, Japan, South Korea and the United States represent the largest continuous-action goods conveyor and elevator markets while the strongest annual growth is forecast to occur in Cyprus (30.2%), Vietnam (13.2%), Philippines (12.5%), China (7.3%) and Bangladesh (7.0%).

World Crane and Lifting Frame Market to Grow 2.0% annually from 2016 to 2020:

According to new report, the expansion of the global crane and lifting frame industry is forecast to reach 2.0% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 3.0%. Currently, bridge and transporter cranes account for 30.9% of the global demand while the remaining market share is divided between cranes for mounting on road vehicles (7.3%), overhead travelling cranes on fixed support (6.5%), pedestal and portal jib cranes (8.7%), straddle carriers and mobile lifting frames on tyres (2.9%), tower cranes (10.3%), self-propelled lifting frames and cranes on tyres (13.3%), other self-propelled lifting frames and cranes (15.3%) and other cranes and lifting frames (4.9%).
 
China, Germany, Japan, South Korea and the United States represent the largest crane and lifting frame markets while the strongest annual growth is forecast to occur in Cyprus (18.3%), Philippines (12.1%), Ethiopia (11.0%), Lebanon (9.1%) and Bangladesh (8.8%).
 

World Capstan and Winch Market to Grow 5.1% annually from 2016 to 2020

According to new report, the expansion of the global capstan and winch industry is forecast to reach 5.1% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 9.1%. Currently, electric capstans and winches account for 66.1% of the global demand while other capstans and winches have a 33.9% market share.
 
China, France, Japan, South Korea and the United States represent the largest capstan and winch markets while the strongest annual growth is forecast to occur in Ethiopia (11.7%), Philippines (11.3%), Nepal (10.6%), Ukraine (9.2%) and Panama (8.9%).

World Hoist and Jack Market to Grow 4.4% annually from 2016 to 2020 

The expansion of the global hoist and jack industry is forecast to reach 4.4% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 7.8%. Currently, garage jacking systems account for 6.9% of the global demand while the remaining market share is divided between other hydraulic hoists and jacks (62.1%) and other hoists and jacks (30.9%).
 
China, France, Germany, Italy and the United States represent the largest hoist and jack markets while the strongest annual growth is forecast to occur in Philippines (11.7%), Ethiopia (10.9%), Nepal (10.6%), Cyprus (9.3%) and China (6.9%).
 

World Work Truck Market to Grow 3.2% annually from 2016 to 2020

The global work truck industry is forecast to reach 3.2% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 6.1%. Currently, electric work trucks with lifting or handling equipment account for 33.6% of the global demand while the remaining market share is divided between other electric work trucks (1.5%), non-electric work trucks with lifting or handling equipment (51.1%), other work trucks (11.3%) and parts of work trucks (2.4%).
 
China, Germany, Japan, the United Kingdom and the United States represent the largest work truck markets while the strongest annual growth is forecast to occur in Cyprus (21.6%), Philippines (11.2%), Ethiopia (11.0%), China (7.8%) and Bangladesh (6.4%).

Contact Us for Custom Market Research Solutions

 

MarketResearchReports.com Newsletter Subscription

About The Author

sudeep's picture
Sudeep Chakravarty

Feature your company here

Clients Who Trust Us

Market Research Reports Inc. Customers

Need tailor made market research solution? We can help you with that too.

About Us

At Market Research Reports, Inc. we aim to make it easier for decision makers to find relevant information and locate right market research reports which can save their time and assist in what they do best, i.e. take time-critical decisions.

We work with our associate Global market research firms who are known leaders in their respective domains to obtain right market research solution for our customer’s needs, be it custom research or syndicated research reports.

Contact Us

Market Research Reports, Inc
16192 Coastal Hwy
Lewes
, DE 19958, USA

USA: +1-302-703-9904

India: +91-8762746600

marketresearchreports

info@marketresearchreports.com

User login

Stay Connected