World - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
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Lifting equipment market: discover newly released info powered by an Ai-driven market research tool. Facts and figures contain market size, trade, companies, imports, consumption, market prices, production, and exports. There is a breakdown by region, including Russia, the U.S., the Middle East, Africa, Latin America, EU, the U.K., and China. Market insights and forecast to 2030 are also provided in the snapshots.
Lifting Equipment - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Germany |
| 2 | China |
| 3 | United States |
| 4 | India |
| 5 | Japan |
In value terms, the largest lifting equipment markets worldwide were Germany, China and the United States, with a combined 37% share of the global market. India, Japan, Brazil, Italy, France, Indonesia, Russia, Pakistan, Ethiopia and Turkey lagged somewhat behind, together accounting for a further 34%.
Italy recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while lifting equipment market for the other global leaders experienced more modest paces of growth.
Lifting Equipment Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Romania | 558 | 383 | 182 | -42.8% |
| Poland | 9931 | 10703 | 3305 | -42.3% |
| India | 10486 | 10455 | 5782 | -25.7% |
| United Kingdom | 11064 | 11610 | 9166 | -9.0% |
| China | 12475 | 11525 | 9206 | -14.1% |
| Slovenia | 14089 | 13817 | 12691 | -5.1% |
| Germany | 19685 | 17448 | 13313 | -17.8% |
| United States | 11672 | 14798 | 13509 | 7.6% |
| Japan | 16024 | 18690 | 13679 | -7.6% |
| Belgium | 13910 | 18793 | 14603 | 2.5% |
| South Korea | 14144 | 12537 | 15434 | 4.5% |
| Netherlands | 14600 | 25377 | 18574 | 12.8% |
| Italy | 8718 | 13024 | 19113 | 48.1% |
| Average | 13582 | 13125 | 12524 | -4.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($19,113 per unit), while Romania ($182 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Japan | 27702 | 25771 | 23208 | -8.5% |
| Italy | 10307 | 11666 | 11282 | 4.6% |
| Poland | 10796 | 7821 | 10222 | -2.7% |
| Norway | 7634 | 7596 | 8705 | 6.8% |
| Canada | 13344 | 7842 | 7771 | -23.7% |
| United Kingdom | 6356 | 7304 | 7081 | 5.5% |
| Netherlands | 13476 | 7473 | 6372 | -31.2% |
| India | 8004 | 10257 | 6183 | -12.1% |
| United States | 904 | 5151 | 5969 | 157.0% |
| New Zealand | 4552 | 1714 | 1741 | -38.2% |
| Ukraine | 1587 | 1968 | 1610 | 0.7% |
| Kazakhstan | 5252 | 5010 | 1351 | -49.3% |
| Mauritania | 694 | 232 | 602 | -6.9% |
| Average | 4331 | 8993 | 10595 | 56.4% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($23,208 per unit), while Mauritania ($602 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+157.0% per year), while the other global leaders experienced more modest paces of growth.
Lifting Equipment - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 94 | 43 | 37 | -37.2% |
| Japan | 11 | 28 | 24 | 47.8% |
| Netherlands | 28 | 17 | 23 | -9.1% |
| Norway | 26 | 20 | 22 | -6.8% |
| India | 10 | 12 | 14 | 14.9% |
In value terms, the largest lifting equipment importing markets worldwide were the United States ($37M), Japan ($24M) and the Netherlands ($23M), together accounting for 15% of global imports. These countries were followed by Norway, India, the UK, Poland, Italy, Canada, Ukraine, New Zealand, Kazakhstan and Mauritania, which together accounted for a further 16%.
Ukraine (+239.0% per year) saw the highest rates of growth with regard to 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.
Lifting Equipment - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 110 | 113 | 135 | 10.9% |
| Slovenia | 33 | 41 | 49 | 23.1% |
| Italy | 70 | 44 | 37 | -27.9% |
| China | 62 | 40 | 36 | -23.4% |
| Netherlands | 14 | 19 | 24 | 32.7% |
In value terms, Germany ($135M) remains the largest lifting equipment supplier worldwide, comprising 23% of global exports. The second position in the ranking was occupied by Slovenia ($49M), with a 8.3% share of global exports. It was followed by Italy, with a 6.2% share.
In Germany, lifting equipment exports expanded at an average annual rate of +10.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Slovenia (+23.1% per year) and Italy (-27.9% per year).
Lifting Equipment - Market Forecast
Driven by rising demand for lifting equipment worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Lifting Equipment - Product Coverage
- HS 842699 - Cranes and derricks; for other than mounting on road vehicles, n.e.s in heading no. 8426
This report provides an in-depth analysis of the global lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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