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Hoist Chains Market Share

  • Report ID: GMI2898
  • Published Date: Sep 2018
  • Report Format: PDF
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Hoist Chains Market Share

Global hoist chains market is consolidated as the major hoist chain manufacturers constitute more than 50% of the total industry share. Some of the key hoist chains manufacturers in the market are

  • Gunnebo
  • Peerless Industrial Group
  • FEC Corporation
  • J.D. Theile
  • Weissenfels
  • Campbell
  • Retezarna A.S
  • McKinnon Chain
  • Atli Industry Co., Ltd.
  • Juli Sling Co., Ltd.
  • Force Chain
  • Hangzhou Modern Lifting Machinery Works

Gunnebo constituted a share close to 15% of the total market share in 2017. The company is engaged in the manufacturing and distribution of lifting and material handling equipment such as crane blocks, wire rope sheaves, chain & lifting components, shackles, and lashing products. Furthermore, the company has manufacturing units in three countries and sales facilities in over 10 countries across the globe.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of hoist chains exceeded USD 4.5 million in 2017.

The industry share of hoist chains is projected to expand at over 10% CAGR from 2018 to 2025.

Escalating requirement for efficient material handling equipment across the aerospace and defense sector and the need to lift, turn and position large components in warehouses & assembly lines are propelling hoist chains demand.

Surface-hardened hoist chains are finding key applications across end-user industries such as oil & gas, aerospace, automotive, construction, mining, etc.

Availability of rich shale oil reserves and numerous exploration activities being conducted in the oil & gas sector are shaping North America as a key contender in global hoist chains industry.

Rise in per capita income & escalating air passenger numbers is expected to support the growth of the commercial aerospace sector of Asia Pacific, bolstering hoist chains demand.

Hoist Chains Market Scope

  • Hoist Chains Market Size
  • Hoist Chains Market Analysis
  • Hoist Chains Market Share

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    • Base Year: 2017
    • Companies covered: 17
    • Tables & Figures: 637
    • Countries covered: 26
    • Pages: 516
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