Los Angeles, CA -- (SBWire) -- 01/17/2019 --QY Research has lately published a new report on "Global Air Chain Hoist Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025," for the forecasted period 8-years, i.e. between 2017 and 2025.
Air Chain Hoists, often referred to as pneumatic hoists; utilize a rotary or piston-driven motor powered by compressed air. Air passes through the system and cools the hoist as it operates, so air chain hoists can run continuously without rest or risk of overheating—unlike an electric hoist system.
In the coming years there is an increasing demand for Air Chain Hoists in the regions of North America and Europe that is expected to drive the market for more advanced Air Chain Hoists. Growth in government budgets in the principal countries, increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Air Chain Hoists will drive growth in North America and Europe markets.
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The Air Chain Hoist market was valued at 190 Million US$ in 2018 and is projected to reach 230 Million US$ by 2025, at a CAGR of 2.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Air Chain Hoist.
This study focuses on the production side and consumption side of Air Chain Hoist, presents the global Air Chain Hoist market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.
In terms of production side, this report researches the Air Chain Hoist capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Air Chain Hoist by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Columbus McKinnon
KITO
JD Neuhaus
Ingersoll Rand
Toku
Atlas Copco
KHC
Endo-kogyo
Chengday
Shanghai yiying
Shanyan
PLANETA Hebetechnik
Changzhou Meiseng
Market Segment by Product Type
Light Duty
Medium Duty
Heavy Duty
Market Segment by Application
Oil & Gas
General Industry
Construction
Mining & Excavating Operation
Others
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Global Air Chain Hoist Industry Research Report, Growth Trends and Competitive Analysis 2019-2025