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Global Load Moment Indicator Market to Bag US $100 Mn by 2025 – QY Research, Inc.

The Load Moment Indicator market was valued at 92 Million US$ in 2018 and is projected to reach 100 Million US$ by 2025, at a CAGR of 0.7% during the forecast period.

 

Los Angeles, CA -- (SBWIRE) -- 01/16/2019 -- QY Research has lately published a new report on "Global Load Moment Indicator Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025," for the forecasted period 8-years, i.e. between 2017 and 2025.

Load moment indicator means a system which aids the equipment operator by sensing (directly or indirectly) the overturning moment on the equipment, i.e., load multiplied by radius. It compares this lifting condition to the equipment's rated capacity, and indicates to the operator the percentage of capacity at which the equipment is working. Lights, bells, or buzzers may be incorporated as a warning of an approaching overload condition.

In the coming years there is an increasing technology breakthrough for load moment indicators in the regions of North America and Europe that is expected to drive the market for more advanced load moment indicators. Increasing of construction and industrial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of load moment indicators of APAC will drive growth of the global market.

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Globally, the load moment indicators industry market is an oligopoly as the manufacturing technology of load moment indicators is relatively high. And some enterprises, like Wika, Rayco-Wylie and Yichang Jinglian etc. are well-known for the wonderful performance of their load moment indicators and related services. At the same time, Asia-Pacific, occupied 66.98% sales market share in 2017, is remarkable in the global load moment indicators industry because of their market share and demand of load moment indicators.

The Load Moment Indicator market was valued at 92 Million US$ in 2018 and is projected to reach 100 Million US$ by 2025, at a CAGR of 0.7% 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 Load Moment Indicator.

This study focuses on the production side and consumption side of Load Moment Indicator, presents the global Load Moment Indicator 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 Load Moment Indicator 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 Load Moment Indicator 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.

Wika

Rayco-Wylie

Yichang Jinglian

TWG Dover

Parker Electronic Controls

Cranesmart Systems

Weite Technologies

Suns Technology

Wylie Indicators

Shanghai Xiya

Keli Sensing

Wide Technology

Yichang Wanpu

Chengdu Hi-Tech Crane Safety

Markload Systems

Market Segment by Product Type

Tower Crane

Vehicle Crane

Others

Market Segment by Application

Construction

Industrial

Others

Buy Full Load Moment Indicator Market Report Now, Report delivery time within 24 hours @ (Pages: 122|Tables: 151): https://www.qyresearch.com/settlement/pre/1c1b9422263421c16e51622beafe85fc,0,1,Global%20Load%20Moment%20Indicator%20Industry%20Research%20Report%252C%20Growth%20Trends%20and%20Competitive%20Analysis%202019-2025

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