Chain Hoist Market with Manufacturers, Countries, Type and Application, Forecast to 2025, New Research Report Announced by The QY Research. The report Contain Segmentation, Current Trends, Emerging Challenges, Strategic Alliances.
Los Angeles, CA -- (SBWIRE) -- 12/05/2018 -- This report studies the global Chain Hoist market status and forecast, categorizes the global Chain Hoist market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Chain Hoist is a mechanical device for lifting material, consisting of chain around a drum or wheel lift, and a hook for attaching payload.
In terms of production, the global chain hoist market accounted for 3593 K Units in 2015, and is anticipated to reach 4991 K Units by 2021.
China is the dominant producer and exporter of chain hoist, the production of chain hoist is 1639 K Unit in 2015, according about 45.62% of the total amount. China is also the biggest consumer of chain hoist, with the consumption market share of about 38.13% in 2015. EU is the second largest production area, with the market share of 19.01% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
Leading players in chain hoist industry are Columbus McKinnon, Terex, KITO, Konecranes, and Hitachi Industrial. Columbus McKinnon is the largest manufacturer, occupies about 14.48% share of the market.
The price of chain hoist is lower year by year from 569 USD/Unit in 2011 to 524 USD/Unit in 2015. The product profit margin is about 27.41% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
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The global Chain Hoist market is valued at 2060 million US$ in 2017 and will reach 2790 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2018-2025.
The major manufacturers covered in this report
Columbus McKinnon
Terex
KITO
Konecranes
Hitachi Industrial
Stahl
ABUS crane systems
Ingersoll Rand
TBM
Zhejiang Guanlin
Zhejiang Wuyi
J.D.Neuhaus L.P.
Verlinde
Liftket
Shanghai yiying
TOYO
TXK
Chongqing Kinglong
WKTO
DAESAN
GIS AG
Nucleon
PLANETA
Liaochengwuhuan
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