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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
A hoist is a tool used to raise or lower a load using a drum or liftwheel that rope or chain is wrapped around. It can be manually controlled, electrically or pneumatically powered, and it can hoist objects using chain, fibre, or wire rope.
The most common type is an elevator, which uses a hoist mechanism to raise and lower its car. Most hoists use lifting hooks to connect to their loads.
The Hoist Manufactures Institute, ASME, and the Occupational Safety and Health Administration are some of the current regulatory agencies for the North American overhead hoist industry.
A construction hoist, sometimes referred to as a Man-Lift, Buckhoist, temporary elevator, builder hoist, passenger hoist, or construction elevator, is frequently used on large-scale construction projects, as those for high-rise structures or significant hospitals.
The Global drives for crane and hoist market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Konecranes introduced three new lifting devices that update and strengthen its market-leading range. These products are aimed at both current and potential industrial clients in the general manufacturing, automotive, and various process industries.
The new items highlight Konecranes' technological leadership as well. All new cranes in the S- and M-series will have sensors and special drives with the capacity to gather and transfer data.
Every customer who purchases an S- or M-series crane will have access to the yourKONECRANES portal, the online service that enables operators, technicians, and management to get the most out of their crane.
For the three new series of products, Konecranes has a total of 20 patents that are either awarded or pending.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |