Industrial Lifting Equipment Market Size, Share & Growth (2025 - 2035)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Study Objectives
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered for Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources (Cranes)
                    2.1.2.2 Key Data From Primary Sources (Hoists)
                    2.1.2.3 Key Data From Primary Sources (Aerial Work Platforms)
                    2.1.2.4 Key Data From Primary Sources (Forklifts)
    2.2 Secondary and Primary Research
                    2.2.1.1 Key Industry Insights
                    2.2.1.2 Breakdown of Primaries
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 39)

4 Premium Insights (Page No. - 47)
    4.1 Lucrative Opportunities in the Forklift Market
    4.2 Lucrative Opportunities in the Aerial Work Platforms Market
    4.3 Lucrative Opportunities in the Cranes Market
    4.4 Lucrative Opportunities in the Hoists Market
    4.5 Electric Forklift Market, By Region
    4.6 Mobile Cranes Market, By Type
    4.7 Forklift Market, By Region
    4.8 Hoists Market, By Region

5 Market Overview (Page No. - 52)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Lifting Loads in the Shipping Industry
                    5.2.1.2 Growing Demand for Forklifts in the Warehouse and Logistics Segment
                    5.2.1.3 Rising Demand for Cranes and Hoists in the Mining Industry
           5.2.2 Restraints
                    5.2.2.1 High Initial Investment
           5.2.3 Opportunities
                    5.2.3.1 Growth of the E-Commerce Industry
                    5.2.3.2 Rising Demand in the Construction Industry
                    5.2.3.3 Development of Customized Forklifts
           5.2.4 Challenges
                    5.2.4.1 Lack of Skilled Operators

6 Industry Trends (Page No. - 58)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Development (R&D)
           6.2.2 Manufacturing & Assembly
           6.2.3 System Integrators
           6.2.4 End Users
           6.2.5 Post-Sale Services

7 Forklift Market, By Operations (Page No. - 60)
    7.1 Introduction
    7.2 Diesel
    7.3 Electric
    7.4 Gasoline & Lpg/Cng

8 Forklift Market, By Class (Page No. - 65)
    8.1 Introduction
    8.2 Class 1
    8.3 Class 2
    8.4 Class 3
    8.5 Class 4 & 5

9 Forklift Market, By Application (Page No. - 71)
    9.1 Introduction
    9.2 Manufacturing
    9.3 Wholesale & Retail Distribution
    9.4 Freight & Logistics
    9.5 Others

10 Aerial Work Platforms Market, By Type (Page No. - 75)
     10.1 Introduction
     10.2 Boom Lifts
             10.2.1 Telescopic Boom Lifts
             10.2.2 Articulated Boom Lifts
     10.3 Scissor Lifts
     10.4 Vertical Mast Lifts
     10.5 Others

11 Aerial Work Platforms Market, By Application (Page No. - 82)
     11.1 Introduction
     11.2 Construction & Maintenance
     11.3 Industrial
     11.4 Telecommunication & Utility
     11.5 Others

12 Cranes Market, By Type (Page No. - 86)
     12.1 Introduction
     12.2 Mobile Cranes
             12.2.1 Crawler Cranes
             12.2.2 Rough Terrain Cranes
             12.2.3 All-Terrain Cranes
             12.2.4 Truck Loader Cranes
             12.2.5 Ship Cranes
             12.2.6 Mobile Harbor Cranes
             12.2.7 Automatic Stacking Cranes
     12.3 Fixed Cranes
             12.3.1 Industrial Cranes
             12.3.2 Tower Cranes
             12.3.3 Ship-To-Shore Cranes
             12.3.4 Gantry Cranes

13 Cranes Market, By Operations (Page No. - 97)
     13.1 Introduction
     13.2 Hydraulic
     13.3 Electric
     13.4 Hybrid

14 Hoists Market, By Type (Page No. - 101)
     14.1 Introduction
     14.2 Wire Rope
     14.3 Roller Load Chain
     14.4 Welded Link Load Chain
     14.5 Others

15 Hoists Market, By Operations (Page No. - 105)
     15.1 Introduction
     15.2 Electric
     15.3 Hydraulic
     15.4 Pneumatic

16 Cranes and Hoists Market, By Industry (Page No. - 108)
     16.1 Introduction
     16.2 Construction
     16.3 Aerospace & Defense
     16.4 Shipping & Material Handling
     16.5 Mining
     16.6 Automotive & Railway
     16.7 Marine
     16.8 Energy & Power
     16.9 Others

17 Regional Analysis: Industrial Lifting Equipment Market (Page No. - 122)
     17.1 Introduction
     17.2 Asia Pacific (APAC)
             17.2.1 China
             17.2.2 Japan
             17.2.3 India
             17.2.4 Rest of APAC
     17.3 Europe
             17.3.1 Germany
             17.3.2 UK
             17.3.3 France
             17.3.4 Rest of Europe
     17.4 North America
             17.4.1 US
             17.4.2 Canada
             17.4.3 Mexico
     17.5 Rest of the World (RoW)
             17.5.1 Middle East & Africa
             17.5.2 South America

18 Competitive Landscape (Page No. - 139)
     18.1 Overview
     18.2 Ranking Analysis of Forklift Manufacturers
     18.3 Ranking Analysis of Aerial Work Platform Manufacturers
     18.4 Ranking Analysis of Cranes Manufacturers
     18.5 Ranking Analysis of Hoists Manufacturers
     18.6 Competitive Scenario
             18.6.1 Product Launches
             18.6.2 Mergers & Acquisitions
             18.6.3 Business Expansions
             18.6.4 Partnerships/Contracts/Joint Ventures/Agreements/ Orders

19 Company Profiles (Page No. - 146)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     19.1 Key Players
             19.1.1 Toyota Industries
             19.1.2 Kion Group
             19.1.3 Hyster-Yale Materials Handling
             19.1.4 Jungheinrich
             19.1.5 Liebherr
             19.1.6 Cargotec
             19.1.7 Terex
             19.1.8 Konecranes
             19.1.9 Manitowoc
             19.1.10 Columbus Mckinnon
             19.1.11 Kito
             19.1.12 Ingersoll-Rand
             19.1.13 Linamar
             19.1.14 Oshkosh
             19.1.15 Zoomlion
     19.2 Other Key Players
             19.2.1 Tadano
             19.2.2 Haulotte Group
             19.2.3 Xuzhou Construction Machinery Group (XCMG)
             19.2.4 Crown Equipment
             19.2.5 Mammoet
             19.2.6 Komatsu
             19.2.7 Palfinger
             19.2.8 Shanghai Zhenhua Heavy Industry (ZPMC)
             19.2.9 Mitsubishi Logisnext
             19.2.10 Anhui Forklift Truck Group

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

20 Appendix (Page No. - 195)
     20.1 Insights of Industry Experts
     20.2 Discussion Guide—Industrial Lifting Equipment Market
     20.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     20.4 Introducing RT: Real-Time Market Intelligence
     20.5 Available Customizations
     20.6 Related Reports
     20.7 Author Details

List of Tables (70 Tables)

Table 1 Crane Specification According to Panamax
Table 2 Forklifts Market, in Terms of Value & Volume, 2015–2023
Table 3 Forklift Market, By Operations, 2015–2023 (USD Billion)
Table 4 Diesel Forklift Market, By Region, 2015–2023 (USD Million)
Table 5 Electric Forklift Market, By Region, 2015–2023 (USD Million)
Table 6 Gasoline & Lpg/Cng Forklift Market, By Region, 2015–2023 (USD Million)
Table 7 Forklift Market, By Class, 2015–2023 (USD Billion)
Table 8 Class 1 Forklift Market, By Region, 2015–2023 (USD Million)
Table 9 Class 2 Forklift Market, By Region, 2015–2023 (USD Million)
Table 10 Class 3 Forklift Market, By Region, 2015–2023 (USD Million)
Table 11 Class 4 & 5 Forklift Market, By Region, 2015–2023 (USD Million)
Table 12 Forklift Market, By Application, 2015–2023 (USD Billion)
Table 13 Aerial Work Platforms Market, in Terms of Value & Volume, 2015–2023
Table 14 Aerial Work Platforms Market, 2015–2023 (USD Million)
Table 15 Boom Lift Market, By Type, 2015–2023 (USD Million)
Table 16 Boom Lifts Market, By Region, 2015–2023 (USD Million)
Table 17 Scissor Lifts Market, By Region, 2015–2023 (USD Million)
Table 18 Vertical Mast Lifts Market, By Region, 2015–2023 (USD Million)
Table 19 Other Lifts Market, By Region, 2015–2023 (USD Million)
Table 20 Aerial Work Platforms Market, By Application, 2015–2023 (USD Billion)
Table 21 Cranes Market, in Terms of Value and Volume, 2015–2023
Table 22 Cranes Market, By Type, 2015–2023 (USD Billion)
Table 23 Mobile Cranes Market, By Industry, 2015–2023 (USD Billion)
Table 24 Mobile Cranes, By Region, 2015–2023 (USD Billion)
Table 25 Mobile Cranes Market, By Type, 2015–2023 (USD Billion)
Table 26 Mobile Cranes Market, By Type, 2015–2023 (Units)
Table 27 Fixed Cranes Market, By Industry, 2015–2023 (USD Billion)
Table 28 Fixed Cranes Market, By Region, 2015–2023 (USD Billion)
Table 29 Fixed Cranes Market, By Type, 2015–2023 (USD Billion)
Table 30 Fixed Cranes Market, By Type, 2015–2023 (Units)
Table 31 Cranes Market, By Operations, 2015–2023 (USD Billion)
Table 32 Hoists Market, in Terms of Value & Volume, 2015–2023
Table 33 Hoists Market, By Type, 2015–2023 (USD Million)
Table 34 Hoists Market, By Type, 2015–2023 (Thousand Units)
Table 35 Hoists Market, By Operations, 2015–2023 (USD Million)
Table 36 Cranes Market, By Industry, 2015–2023 (USD Billion)
Table 37 Hoists Market, By Industry, 2015–2023 (USD Million)
Table 38 Cranes Market for the Construction Industry, By Type, 2015–2023 (USD Billion)
Table 39 Cranes Market for the Construction Industry, By Region, 2015–2023 (USD Billion)
Table 40 Cranes Market for the Aerospace & Defense Industry, By Type, 2015–2023 (USD Billion)
Table 41 Cranes Market for Aerospace & Defense, By Region, 2015–2023 (USD Million)
Table 42 Cranes Market for the Shipping & Material Handling Industry, By Type, 2015–2023 (USD Billion)
Table 43 Cranes Market for the Shipping & Material Handling Industry, By Region, 2015–2023 (USD Million)
Table 44 Cranes Market for the Mining Industry, By Type, 2015–2023 (USD Billion)
Table 45 Cranes Market for the Mining Industry, By Region, 2015–2023 (USD Million)
Table 46 Cranes Market for Automotive & Railway, By Type, 2015–2023 (USD Billion)
Table 47 Cranes Market for Automotive & Railway, By Region, 2015–2023 (USD Million)
Table 48 Cranes Market for Marine, By Type, 2015–2023 (USD Billion)
Table 49 Cranes Market for Marine, By Region, 2015–2023 (USD Million)
Table 50 Cranes Market for the Energy & Power Industry, By Type, 2015–2023 (USD Billion)
Table 51 Cranes Market for the Energy & Power Industry, By Region, 2015–2023 (USD Million)
Table 52 Cranes Market for Other Industries, By Type, 2015–2023 (USD Million)
Table 53 Cranes Market for Other Industries, By Region, 2015–2023 (USD Million)
Table 54 Industrial Lifting Equipment Market, By Region, 2015-2015 (USD Billion)
Table 55 Forklifts Market, By Region, 2015–2023 (USD Billion)
Table 56 Aerial Work Platforms Market, By Region, 2015–2023 (USD Billion)
Table 57 Cranes Market, By Region, 2015–2023 (USD Billion)
Table 58 Hoists Market, By Region, 2015–2023 (USD Million)
Table 59 Market in Asia Pacific, By Country, 2015–2023 (USD Billion)
Table 60 Market in Europe, By Country, 2015–2023 (USD Billion)
Table 61 Industrial Lifting Market in North America, By Country, 2015–2023 (USD Billion)
Table 62 Market in RoW, By Region, 2015–2023 (USD Billion)
Table 63 Ranking of Top 3 Players in the Forklift Market (2017)
Table 64 Ranking of Top 3 Players in the Aerial Work Platform Market (2017)
Table 65 Ranking of Top 5 Players in the Cranes Market (2017)
Table 66 Ranking of Top 3 Players in Hoists Market (2017)
Table 67 Most Significant Product Launches, 2016–2017
Table 68 Strategic Acquisitions, 2015–2017
Table 69 Business Expansions, 2016–2017
Table 70 Partnerships/Contracts/ Joint Ventures/Agreements/Orders, 2015–2017

List of Figures (83 Figures)

Figure 1 Cranes Market Segmentation
Figure 2 Hoists Market Segmentation
Figure 3 Aerial Work Platforms Market Segmentation
Figure 4 Forklifts Market Segmentation
Figure 5 Market: Research Design
Figure 6 Market: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach (Cranes)
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach (Hoists)
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach (Aerial Work Platforms)
Figure 10 Market Size Estimation Methodology: Bottom-Up Approach (Forklifts)
Figure 11 Industrial Lifting Equipment Market: Top-Down Approach
Figure 12 Market Size Estimation Methodology: Top-Down Approach (Cranes)
Figure 13 Market Size Estimation Methodology: Top-Down Approach (Hoists)
Figure 14 Market Size Estimation Methodology: Top-Down Approach (Aerial Work Platforms)
Figure 15 Market Size Estimation Methodology: Top-Down Approach (Forklifts)
Figure 16 Market: Data Triangulation
Figure 17 Assumptions for Research Study
Figure 18 Attractive Opportunities in the Forklift Market Between 2018 and 2023
Figure 19 Attractive Opportunities in the Aerial Work Platforms Market Between 2018 and 2023
Figure 20 Attractive Opportunities in the Cranes Market Between 2018 and 2023
Figure 21 Attractive Opportunities in the Hoists Market Between 2018 and 2023
Figure 22 Electric Forklift Market in North America to Grow at the Highest CAGR During the Forecast Period
Figure 23 Crawler Cranes to Hold the Largest Share of the Mobile Cranes Market Between 2018 and 2023
Figure 24 Asia Pacific Expected to Hold the Largest Size of the Forklift Market During the Forecast Period
Figure 25 Asia Pacific Expected to Hold the Largest Size of the Hoists Market During the Forecast Period
Figure 26 Industrial Lifting Equipment Market Dynamics
Figure 27 Retail E-Commerce Sales (2015–2020)
Figure 28 Market: Value Chain
Figure 29 Forklift Market Segmentation, By Operations
Figure 30 Electric Forklift Expected to Exhibit the Highest Growth During the Forecast Period
Figure 31 Electric Forklift Market in North America Expected to Grow at the Highest Rate During the Forecast Period
Figure 32 Forklift Market Segmentation, By Class
Figure 33 Class 4 & 5 Forklift Expected to Dominate the Market Between 2018 and 2023
Figure 34 Market for Class 3 Forklifts in North America is Expected to Grow at the Highest Rate During the Forecast Period
Figure 35 Forklift Market Segmentation, By Application
Figure 36 Manufacturing Application to Dominate the Forklift Market During the Forecast Period
Figure 37 Aerial Work Platforms Market Segmentation, By Type
Figure 38 Boom Lifts Expected to Hold the Largest Size of the Aerial Work Platforms Market By 2023
Figure 39 Boom Lift Market in Asia Pacific Expected to Grow at the Highest Rate During the Forecast Period
Figure 40 North America to Dominate Vertical Mast Lift Market Between 2018 and 2023
Figure 41 Aerial Work Platform Market Segmentation, By Application
Figure 42 Aerial Work Platform Market for Telecommunication & Utility Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 43 Market Segmentation, By Type
Figure 44 Mobile Cranes Expected to Hold A Larger Size of the Cranes Market By 2023
Figure 45 Construction Industry is Expected to Dominate the Mobile Cranes Market By 2023
Figure 46 Crawler Cranes Expected to Hold the Largest Size of the Mobile Cranes Market By 2023
Figure 47 Shipping & Material Handling Industry is Expected to Dominate the Fixed Cranes Market By 2023
Figure 48 Cranes Market Segmentation, By Operations
Figure 49 Cranes for Hydraulic Operations to Hold the Largest Market Size By 2023
Figure 50 Hoist Market Segmentation, By Type
Figure 51 Wire Rope Hoists Expected to Hold the Largest Market By 2023
Figure 52 Hoist Market Segmentation, By Operations
Figure 53 Electric Hoists Expected to Hold the Largest Market Size By 2023
Figure 54 Cranes and Hoist Market Segmentation, By Industry
Figure 55 Cranes Market for the Construction Industry is Expected to Exhibit the Highest Growth Rate During the Forecast Period
Figure 56 Shipping & Material Handling Industry Expected to Lead the Hoist Market During the Forecast Period
Figure 57 Fixed Cranes Expected to Hold A Larger Market Size in the Cranes Market for the Aerospace & Defense Industry (2018–2023)
Figure 58 Asia Pacific Expected to Dominate the Cranes Market for the Mining Industry During the Forecast Period
Figure 59 Asia Pacific to Lead the Cranes Market for the Energy & Power Industry Between 2018 and 2023
Figure 60 Industrial Lifting Equipment Market in India Expected to Grow at the Highest CAGR During the Forecast Period
Figure 61 Aerial Work Platforms Market in Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 62 Asia Pacific to Dominate the Cranes Market Between 2018 and 2023
Figure 63 Asia Pacific: Industrial Lifting Equipment Market Snapshot
Figure 64 Europe: Market Snapshot
Figure 65 North America: Market Snapshot
Figure 66 Industrial Lifting Market in the Middle East & Africa to Grow at the Highest CAGR During the Forecast Period
Figure 67 Key Players Adopted Product Launches and Expansions as Key Growth Strategies Between 2015 and 2017
Figure 68 Market Evolution Framework: Product Launches Fueled the Growth of the Market (2015–2017)
Figure 69 Toyota Industries: Company Snapshot
Figure 70 Kion Group: Company Snapshot
Figure 71 Hyster-Yale Materials Handling: Company Snapshot
Figure 72 Jungheinrich : Company Snapshot
Figure 73 Liebherr: Company Snapshot
Figure 74 Cargotec: Company Snapshot
Figure 75 Terex: Company Snapshot
Figure 76 Konecranes: Company Snapshot
Figure 77 Manitowoc: Company Snapshot
Figure 78 Columbus Mckinnon: Company Snapshot
Figure 79 Kito: Company Snapshot
Figure 80 Ingersoll Rand: Company Snapshot
Figure 81 Linamar: Company Snapshot
Figure 82 Oshkosh: Company Snapshot
Figure 83 Zoomlion: Company Snapshot