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The Global Lifting Equipment market is expected to grow from 28.1 billion USD in 2024 to 44.7 billion USD by 2032, with a CAGR of 6.8% from 2024 to 2032. The Lifting Equipment market by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
Lifting equipment includes machinery such as cranes, hoists, and lifts, used to raise or lower materials in industries like construction, manufacturing, and logistics. This market is growing due to the expanding construction sector, the need for safer lifting solutions, and technological advances in automation and telematics.
Global Lifting Equipment Scope and Market Size
Lifting Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lifting Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2019-2032.
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Segment by Type
- Cranes, Hoists, Forklifts, Lifts, Elevators
Segment by Application
(Percentage of Demand)
- Construction, Logistics, Manufacturing, Shipping, Warehousing
By Company
- Liebherr, Konecranes, Terex, JLG, Manitowoc, Doosan, Tadano, Volvo, Caterpillar, XCMG, Hyundai, Hitachi, SANY, Komatsu, Zoomlion, Palfinger, Grove, Tadano, Demag, Fassi
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Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Major Points from Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Lifting Equipment Market Perspective (2019-2032)
2.2 Lifting Equipment Growth Trends by Regions
3 Competition Landscape by Key Players
3.1 Global Top Lifting Equipment Players by Revenue
And More…
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