Hydraulic Hoist industry analysis research and trends report for 2018- 2025

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Hydraulic Hoist Market growth outlook with
industry review and forecasts 2018-2025 Global
Market Insights, Inc.
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• Global Market Scenario of Hvac Industry

• Hydraulic Hoist Market to surpass 417 million by
  2025 according to a new research report by
  Global Market Insights, Inc. A hoist is material
  handling equipment used in various end-users like
  metal processing, chemical, automotive, etc.
• These hoists are used to transfer heavy weight
  objects and materials easily from one place to
  other. The hydraulic hoist market is expected to
  grow significantly over the coming years, due to
  the increasing product demand from various
  end-users including metal processing, chemicals,
  construction, etc.
• The manual hoist market for metal processing will
  have the major part of the Global Hydraulic Hoist
  Market. It will cross USD 83.0 million by 2025,
  at a CAGR over 5.9 till the end of 2025.
• Robust growth indicators of construction
  automotive industry has substantially propelled
  metal demand in the recent years, which shall
  subsequently boost industry growth by 2024

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Continue-

• Increasing industrial activities globally, along
  with rising urbanization in the developing
  countries of Asia Pacific and the Middle East are
  creating a significant demand for hydraulic
  hoists over the past years, and this is expected
  to rise moderately till the end of the forecast
  period.
• Major restraints include the competition from the
  electric hoists, coupled with the lack of
  technical expertise to operate the hydraulic
  hoists. Additionally, the requirement to service
  the hoists regularly will also show a negative
  impact on the growth of the global hydraulic
  hoist market over the forecast period.
• Manual chain hoists will cross USD 370.0 million
  by the end of 2025, growing at a CAGR over 5.6
  over the projected period.
• They provide very high load capacities, compared
  to lever hoists. Moreover, the hydraulic chain
  hoists are east to operate than lever hoists.
  These factors are responsible for the growth of
  manual chain hoists over the forecast period.

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• 360 Industry Analysis

• 0.5 20.0 tons load bearing capacity range of
  manual chain hoists will hold the highest share
  of the total manual chain hoist market and will
  cross USD 240.0 million by the end of 2025.
• 5.1 10.0 tons load bearing capacity range of
  hydraulic lever hoists will have the major chunk
  of global manual lever hoist market in 2017, and
  this will cross USD 35.0 million by 2025, at CAGR
  more than 5.3.

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• Regional Analysis

• Asia Pacific manual hoist market is expected to
  cross USD 140.0 million by the end of 2025,
  growing at a CAGR of over 5.9.
• North America regional market has the second
  largest share of the global market, and it will
  cross USD 100.0 million by the end of 2025, at a
  CAGR over 5.4.

• Competitive Analysis

• Key companies in the global hydraulic hoist
  market are Ingersoll-Rand plc, Columbus McKinnon,
  KITO Group, Harrington Hoists, Inc., JDN Group,
  Vital Chain Block, OZ Lifting Products, Venus
  Engineers, Tractel, and Vulcan Compagnie de
  Palans Ltée.

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Latest Research Report On Hydraulic Hoist
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