Material Hoists Market
Material Hoists Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Material Hoists Market Size and Growth
The Material Hoists market research report provides a comprehensive analysis of market conditions, including key trends, drivers, and challenges. The market size is estimated to be valued at USD 1.5 billion in 2021, with a projected CAGR of 5.2% from 2022 to 2027. Rising construction activities and infrastructural development are driving market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ Zoomlion
◍ GJJ
◍ Alimak
◍ XL Industries
◍ Hongda Construction
◍ XCMG
◍ Fangyuan
◍ Guangxi Construction
◍ SYS
◍ Dahan
◍ Sichuan Construction
◍ Böcker
◍ STROS
◍ GEDA
The material hoists market is highly competitive with key players like Zoomlion, GJJ, Alimak, XL Industries, Hongda Construction, and others. These companies operate globally and offer a wide range of material hoists for various construction applications. Their innovative product offerings and strategic partnerships help drive market growth.
- Zoomlion reported $10.5 billion in sales revenue
- Alimak reported $678 million in sales revenue
- XCMG reported $20.6 billion in sales revenue
◍ Zhejiang Construction Machinery Group
◍ China State Construction
◍ Jaypee
◍ ELECTROELSA
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Market Segmentation
By Application
Residential
Commercial
Industrial
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By Product
Below 2 ton
2-3 ton
Above3 ton
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Market Growth
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$ X Billion USD
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