World - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and hoist market

Lift and hoist market: discover recently published data powered by an Ai-driven BI platform. Information contain consumption, exports, imports, production, companies, trade, market size, and market prices. Here is a breakdown by country, including Africa, the U.K., Latin America, the U.S., the Middle East, China, Russia, and EU. Market dynamics and outlook to 2030 are also featured in the dashboards.

Lift and Hoist - World's Largest Markets

RatingCountry
1China
2Brazil
3Japan
4Russia
5India

In value terms, the largest lift and hoist markets worldwide were China, Brazil and Japan, with a combined 30% share of the global market. These countries were followed by Russia, India, South Korea, the United States, Germany and the Netherlands, which together accounted for a further 24%.

The Netherlands (+98.6% per year) recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while lift and hoist market for the other global leaders experienced more modest paces of growth.

Lift And Hoist Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Canada6128581861790.4%
Belgium782278397053-5.0%
Poland837571998106-1.6%
South Korea104601009210020-2.1%
Austria858899651074011.8%
Belarus1056818924115674.6%
China745898571196126.6%
United Kingdom1216312755128102.6%
Japan9727115461283214.9%
United States10187133611447619.2%
Turkey133048697160319.8%
France174231159616038-4.1%
Average867193711172416.3%

Prices varied noticeably by the country of origin; the country with the highest price was France ($16,038 per unit), while Canada ($6,179 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United Arab Emirates1736617366207119.2%
China1760116995183372.1%
Israel1667510691175632.6%
France1597315501175624.9%
Vietnam1479715690175618.9%
United Kingdom1723815990174880.7%
Australia183471814017006-3.7%
Belgium13183158221656012.1%
Russia162951112013783-8.0%
Switzerland169201548112674-13.5%
Poland141761418112316-6.8%
Canada1067811481110671.8%
United States823476602233-47.9%
Average145321409211837-9.7%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United Arab Emirates ($20,711 per unit), while the United States ($2,233 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Lift and Hoist - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Russia0.30.30.36.0%
United Kingdom0.30.30.3-8.1%
United States0.20.30.210.6%
Canada0.20.20.2-4.9%
Switzerland0.20.20.2-3.2%

In value terms, Russia ($300M), the UK ($262M) and the United States ($239M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 18% of global imports.

The United States recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lift and Hoist - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.41.41.4-2.2%
United States0.30.30.2-5.4%
France0.090.090.253.0%
Turkey0.090.090.121.5%
Japan0.20.20.1-9.6%

In value terms, China ($1.4B) remains the largest lift and hoist supplier worldwide, comprising 47% of global exports. The second position in the ranking was occupied by the United States ($236M), with a 8.1% share of global exports. It was followed by France, with a 7.5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -2.2%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-5.4% per year) and France (+53.0% per year).

Lift and Hoist - Market Forecast

The lift and hoist market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.1% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Lift and Hoist - Top Companies

AS Aufzüge AG, Shanghai Mechanical and Electrical Industry Co., Ltd., Shanghai Mitsubishi Elevator Co., Ltd., HITACHI BUILDING SYSTEMS CO., LTD., Thyssenkrupp Elevator Corporation, Hitachi Elevator (China) Co., Ltd., Hyundai Elevator Co., Ltd., FUJITEC CO., LTD., Schindler (China) Elevator Co., Ltd., Otis Electric Elevator Co., Ltd., Thyssen Elevators Co., Ltd., TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION, Schindler Enterprises Inc., Schindler Elevator Corporation, ZARDOYA OTIS, SA, OTIS ELEVATOR COMPANY PTY LTD, SANSCORD PTY LTD, ThyssenKrupp Elevator (Korea) Ltd., Tisenkeu Roof Elevator Korea Gangseo Co., Ltd., Elevadores Atlas Schindler Ltda

Lift and Hoist - Product Coverage

  • HS 842810 - Lifts and skip hoists; for lifting, handling, loading or unloading

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lift and hoist market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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