• The global Hoisting Machinery Braking Device Market was valued at US$ 8.84 billion in 2023 and is projected to reach US$ 11.93 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period (2024-2030). This growth is expected despite the impact of the COVID-19 pandemic and the Russia-Ukraine War.
• The global key manufacturers of Hoisting Machinery Braking Device include Konecranes, Stearns Brakes, DELLNER BUBENZER, Hindon, Warner Electric, Engineered Lifting Systems, Arnikon Engineering, Eaton and Mitchell Crane, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
• Hoisting machinery braking device is essential for crane safety,which is an essential safety feature of overhead cranes, designed to hold a load when the hoist motor is not running.
• This report aims to provide a comprehensive presentation of the global market for Hoisting Machinery Braking Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hoisting Machinery Braking Device. This report contains market size and forecasts of Hoisting Machinery Braking Device in global, including the following market information:
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