Air Chain Hoist Market -New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- 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.
The global Air Chain Hoist market was 190 million US$ in 2018 and is expected to 230 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.
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This report studies the Air Chain Hoist market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Air Chain Hoist in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Oil & Gas
Mining & Excavating Operation
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