Electric Hoist Market in aerospace will cross $920 million by 2025
SELBYVILLE, Del., July 17, 2018 /PRNewswire-iReach/ -- Electric Wire hoist market will cross USD 2.9 billion by the end of 2025, growing at a CAGR over 7.4% over the projected period. High load capacity, coupled with the capability to change the hoist specifications based on the load bearing capacities, are some of key factors responsible for the growth of global electric hoist market till the end of the projected period.
Electric Hoist Market size will exceed USD 3.4 billion by 2025. Hoist is an equipment used in material handling operations. Electric chain and wire hoist has the capability to transfer materials of heavy weights easily. The demand for electric hoists will significantly grow in the projected period due to the huge reduction in operational costs.
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5.1 – 10.0 tons load bearing capacity range of electric chain hoists are expected to hold the largest share of the total chain hoist market and will cross USD 200.0 million by the end of 2025. 0.5 – 10.0 tons load bearing capacity range of electric wire hoists are predicted to have the major part of global electric wire hoist market in 2017, and this will cross USD 1.2 billion by 2025, at CAGR more than 7.3%.
The Asia Pacific electric hoist market will cross over USD 1.0 billion by the end of 2025, growing at a CAGR over 7.5%.
Key companies in the global electric hoist market are Ingersoll-Rand plc, KITO Group, Beta Max Hoist, ABUS Kransysteme GmbH, SWF Krantechnik GmbH, Konecranes Oyj, Hitachi Industrial Equipment Systems Co., Ltd., and Columbus McKinnon among many others.
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Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Electric hoist market 360° synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Load bearing capacity trends
2.1.3. Type by end-user trends
2.1.4. End-user trends
2.1.5. Regional trends
Chapter 3. Electric Hoist Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key manufacturers/suppliers
3.3.4.2. List of key/potential customers
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3.4. Innovation & sustainability
3.4.1. Patent dashboard
3.4.2. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Global drivers
3.5.1.2. Regional drivers
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Growth potential analysis, chain hoists
3.8. Growth potential hoists, wire hoists
3.9. Price trends, chain hoists
3.9.1. Cost structure analysis
3.9.1.1. R&D cost
3.9.1.2. Manufacturing & equipment cost
3.9.1.3. Raw material cost
3.9.1.4. Distribution cost
3.9.1.5. Operating cost
3.9.1.6. Miscellaneous cost
3.9.2. Average price, by load bearing capacity, 2014 – 2025
3.9.3. Average price, by end-user, 2014 – 2025
3.9.4. Average price, by region, 2014 – 2025
3.10. Price trends, wire hoists
3.10.1. Cost structure analysis
3.10.1.1. R&D cost
3.10.1.2. Manufacturing & equipment cost
3.10.1.3. Raw material cost
3.10.1.4. Distribution cost
3.10.1.5. Operating cost
3.10.1.6. Miscellaneous cost
3.10.2. Average price, by load bearing capacity, 2014 – 2025
3.10.3. Average price, by end-user, 2014 – 2025
3.10.4. Average price, by region, 2014 – 2025
3.11. Competitive landscape, 2017
3.11.1. Company market share, 2017
3.11.2. Key stakeholders
3.11.3. Strategy dashboard
3.12. Porter's analysis
3.12.1. Supplier power
3.12.2. Buyer power
3.12.3. Threat of new entrants
3.12.4. Threat of substitutes
3.12.5. Industry rivalry
3.13. PESTEL analysis
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