Industrial Lifting Equipment
Industrial Lifting Equipment Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Industrial Lifting Equipment Market Size and Growth
The Industrial Lifting Equipment market is experiencing robust growth due to increased automation and infrastructure development. Valued at approximately $60 billion in 2023, the market is projected to expand by 5% annually. Key trends include innovation in safety features and the integration of IoT technologies, enhancing operational efficiency and productivity. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Toyota
◍ Kion Group
◍ Hyster-Yale Materials Handling
◍ Jungheinrich
◍ Liebherr
◍ Cargotec
◍ Terex
◍ Konecranes
◍ Manitowoc
◍ Columbus Mckinnon
◍ Kito
◍ Ingersoll-Rand
◍ Linamar
◍ Oshkosh
◍ Zoomlion
◍ Tadano
◍ Haulotte Group
The Industrial Lifting Equipment Market features key players like Toyota, Kion Group, and Hyster-Yale, which enhance operational efficiency through advanced lifting solutions. Companies like Liebherr and Cargotec focus on innovation and sustainability. Sales revenues reflect growth, with noted companies contributing significantly to market expansion through diverse product offerings and strategic partnerships.
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◍ Xuzhou Construction Machinery Group (XCMG)
Market Segmentation
By Application
Manufacturing
Wholesale & Retail Distribution
Freight & Logistics
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By Product
$ 34.40 Billion
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