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Classified in: Mining industry, Transportation, Covid-19 virus
Subject: MRR

Handling and lifting equipment market to grow by 2.71% Y-O-Y from 2022 to 2023: Growth of the Construction Sector will Drive Growth - Technavio


NEW YORK, Dec. 6, 2022 /PRNewswire/ --

Handling and lifting equipment market insights -

To understand more about the handling and lifting equipment market, request a sample report

In 2017, the handling and lifting equipment market was valued at USD 73.31 billion. From a regional perspective, APAC held the largest market share, valued at USD 31.33 billion. The handling and lifting equipment market size is estimated to grow by USD 18.2 billion from 2022 to 2027 at a CAGR of 4.08% according to Technavio.

Handling and lifting equipment market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines ?

Handling and lifting equipment market - Vendor Insights

The global handling and lifting equipment market is fragmented. The market comprises some well-established vendors that design and produce handling and lifting equipment for various industries. These vendors are continuously working toward developing stronger and more innovative designs for their customers. During the forecast period, prominent vendors are expected to increase their focus on adopting digital solutions such as telematics to increase the efficiency of handling and lifting equipment. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

Handling and lifting equipment market - Market Dynamics

Major Drivers:

Key Challenges:

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The handling and lifting equipment market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this handling and lifting equipment market report?

Related Reports:

Handling and Lifting Equipment Market Scope

Report Coverage

Details

Page number

181

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.08%

Market growth 2023-2027

USD 18.2 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

2.71

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

American Crane and Equipment Corp., Cargotec Corp., Columbus McKinnon Corp., Daifuku Co. Ltd., Escorts Ltd., Haulotte Group, Hyster Yale Materials Handling Inc., KITO Corp., Komatsu Ltd., Konecranes, Liebherr International Deutschland GmbH, Manitex International Inc., SANY Group, Shandong Dahan Construction Machinery Co. Ltd., Sumitomo Heavy Industries Ltd., Terex Corp., The Manitowoc Co. Inc., XCMG Group, and Zoomlion Heavy Industry Science and Technology Co. Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Product

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix


About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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