A hoist is a mechanical device for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload.
A basic hoist is defined by two chief characteristics. The first is the lifting medium, which may be a wire rope wrapped around a drum or a chain raised by a pulley. The second is the type of power utilized by the hoist. Common power-sources are hydraulics, electricity, air driven motors, and, in the case of a manual hoist, muscle power.
This report contains market size and forecasts of Hoist in China, including the following market information:
China Hoist Market Revenue, 2015-2020, 2021-2026, ($ millions)
China Hoist Market Consumption, 2015-2020, 2021-2026, (K Units)
China Hoist Production Capacity, 2015-2020, 2021-2026, (K Units)
Top Five Competitors in China Hoist Market 2019 (%)
The global Hoist market was valued at 3565.4 million in 2019 and is projected to reach US$ 4022.6 million by 2026, at a CAGR of 3.1% during the forecast period. While the Hoist market size in China was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hoist manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
This report also analyses and evaluates the COVID-19 impact on Hoist production and consumption in China
Total Market by Segment:
China Hoist Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
China Hoist Market Segment Percentages, By Type, 2019 (%)
China Hoist Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
China Hoist Market Segment Percentages, By Application, 2019 (%)
Marinas & Shipyards
Mining & Excavating Operation
The report also provides analysis of leading market participants including:
Total Hoist Market Competitors Revenues in China, by Players 2015-2020 (Estimated), ($ millions)
Total Hoist Market Competitors Revenues Share in China, by Players 2019 (%)
Total China Hoist Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total China Hoist Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:
Zhejiang Wuyi Machinery