The growth in the industrial lifting equipment market is driven by several factors that are transforming the industrial landscape. The increasing adoption of automation in manufacturing and logistics is a primary driver, as industries seek to enhance productivity and reduce operational costs. Technological advancements, such as the integration of IoT and AI for real-time monitoring and predictive maintenance, are propelling market growth by offering enhanced efficiency and reliability. The rising emphasis on workplace safety and the implementation of stringent safety regulations are driving the demand for lifting equipment with advanced safety features.
Additionally, the expansion of the e-commerce sector and the resulting growth in warehousing and logistics activities are creating new opportunities for the lifting equipment market. The growing focus on sustainability is also contributing to market growth, with industries adopting eco-friendly and energy-efficient lifting solutions. As industries continue to prioritize efficiency, safety, and sustainability, the demand for advanced industrial lifting equipment is expected to witness sustained growth in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Fork lifts segment, which is expected to reach US$25.5 Billion by 2030 with a CAGR of a 5.0%. The Lifts segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $21.8 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $25.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Lifting Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Lifting Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Lifting Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Anhui Forklift Truck Group Co., Ltd., Cargotec Corporation, Columbus McKinnon Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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.
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 | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 82.7 Billion |
Forecasted Market Value ( USD | $ 114 Billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |