Industry: Machinery & Equipment
Published Date: 2026-01-04
Pages: 111 Pages
Report ld: 5557163
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Hoists Market Size(US$)

CAGR 2026-2032
4.0%
Market Size,2032
USD 4,904
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Hoists market size was US$ 3741 million in 2025 and is forecast to reach a readjusted size of US$ 4904 million by 2032 with a CAGR of 4.0% during the forecast period 2026-2032.
A hoist is a mechanical device for lifting material, typically consisting of a rope or chain around a drum or wheel lift, and a hook for attaching payload. A basic hoist is defined by two chief characteristics. The first is the lifting medium, which may be a wire rope wrapped around a drum or a chain raised by a pulley. The second is the type of power utilized by the hoist. Common power-sources are hydraulics, electricity, air driven motors, and, in the case of a manual hoist, muscle power.
The main crane manufacturers are Kito, Zhejiang Shuangniao Machinery, Zhejiang Guanlin Machinery, Columbus McKinnon and Jiangsu Bada Science Techology, etc. And the world's top five manufacturers have a total market share of nearly 26%. Regionally, the Asia-Pacific region holds the largest market share at around 39%. Among the product types of cranes, Electric Hoists account for about 53% of the market share. From an application perspective, Factories have the highest share at around 30%, followed by Construction Sites and Mining & Excavating Operation, with 17% and 10% market share, respectively.
The global Hoists market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Hoists sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Hoists manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Hoists product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Hoists value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Hoists Product Scope
1.2 Hoists by Type
1.2.1 Global Hoists Sales by Type (2021, 2025 & 2032)
1.2.2 Manual Hoists
1.2.3 Electric Hoists
1.2.4 Air Hoists
1.2.5 Hydraulic Hoists
1.3 Hoists by Application
1.3.1 Global Hoists Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Factories
1.3.3 Construction Sites
1.3.4 Marinas & Shipyards
1.3.5 Mining & Excavating Operation
1.3.6 Warehouse
1.3.7 Others
1.4 Global Hoists Market Estimates and Forecasts (2021-2032)
1.4.1 Global Hoists Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Hoists Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Hoists Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Hoists Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Hoists Historical Market Scenario by Region (2021-2026)
2.2.1 Global Hoists Sales Market Share by Region (2021-2026)
2.2.2 Global Hoists Revenue Market Share by Region (2021-2026)
2.3 Global Hoists Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Hoists Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Hoists Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America Hoists Market Size and Prospects (2021-2032)
2.4.2 Europe Hoists Market Size and Prospects (2021-2032)
2.4.3 China Hoists Market Size and Prospects (2021-2032)
2.4.4 Japan Hoists Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Hoists Historical Market Review by Type (2021-2026)
3.1.1 Global Hoists Sales by Type (2021-2026)
3.1.2 Global Hoists Revenue by Type (2021-2026)
3.1.3 Global Hoists Average Price by Type (2021-2026)
3.2 Global Hoists Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Hoists Sales Forecast by Type (2027-2032)
3.2.2 Global Hoists Revenue Forecast by Type (2027-2032)
3.2.3 Global Hoists Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Hoists
4 Global Market Size by Application
4.1 Global Hoists Historical Market Review by Application (2021-2026)
4.1.1 Global Hoists Sales by Application (2021-2026)
4.1.2 Global Hoists Revenue by Application (2021-2026)
4.1.3 Global Hoists Average Price by Application (2021-2026)
4.2 Global Hoists Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Hoists Sales Forecast by Application (2027-2032)
4.2.2 Global Hoists Revenue Forecast by Application (2027-2032)
4.2.3 Global Hoists Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Hoists Applications
5 Competition Landscape by Players
5.1 Global Hoists Sales by Player (2021-2026)
5.2 Global Top Hoists Players by Revenue (2021-2026)
5.3 Global Hoists Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Hoists revenue as of 2025
5.4 Global Hoists Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Hoists, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Hoists, Product Type & Application
5.7 Global Key Manufacturers of Hoists, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Hoists Sales by Company
6.1.1.1 North America Hoists Sales by Company (2021-2026)
6.1.1.2 North America Hoists Revenue by Company (2021-2026)
6.1.2 North America Hoists Sales Breakdown by Type (2021-2026)
6.1.3 North America Hoists Sales Breakdown by Application (2021-2026)
6.1.4 North America Hoists Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Hoists Sales by Company
6.2.1.1 Europe Hoists Sales by Company (2021-2026)
6.2.1.2 Europe Hoists Revenue by Company (2021-2026)
6.2.2 Europe Hoists Sales Breakdown by Type (2021-2026)
6.2.3 Europe Hoists Sales Breakdown by Application (2021-2026)
6.2.4 Europe Hoists Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Hoists Sales by Company
6.3.1.1 China Hoists Sales by Company (2021-2026)
6.3.1.2 China Hoists Revenue by Company (2021-2026)
6.3.2 China Hoists Sales Breakdown by Type (2021-2026)
6.3.3 China Hoists Sales Breakdown by Application (2021-2026)
6.3.4 China Hoists Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Hoists Sales by Company
6.4.1.1 Japan Hoists Sales by Company (2021-2026)
6.4.1.2 Japan Hoists Revenue by Company (2021-2026)
6.4.2 Japan Hoists Sales Breakdown by Type (2021-2026)
6.4.3 Japan Hoists Sales Breakdown by Application (2021-2026)
6.4.4 Japan Hoists Major Customers
6.4.5 Japan Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Columbus McKinnon
7.1.1 Columbus McKinnon Company Information
7.1.2 Columbus McKinnon Business Overview
7.1.3 Columbus McKinnon Hoists Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Columbus McKinnon Hoists Products Offered
7.1.5 Columbus McKinnon Recent Development
7.2 Kito
7.2.1 Kito Company Information
7.2.2 Kito Business Overview
7.2.3 Kito Hoists Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Kito Hoists Products Offered
7.2.5 Kito Recent Development
7.3 Konecranes
7.3.1 Konecranes Company Information
7.3.2 Konecranes Business Overview
7.3.3 Konecranes Hoists Sales, Revenue and Gross Margin (2021-2026)
7.3.4 Konecranes Hoists Products Offered
7.3.5 Konecranes Recent Development
7.4 Ingersoll Rand
7.4.1 Ingersoll Rand Company Information
7.4.2 Ingersoll Rand Business Overview
7.4.3 Ingersoll Rand Hoists Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Ingersoll Rand Hoists Products Offered
7.4.5 Ingersoll Rand Recent Development
7.5 TRACTEL
7.5.1 TRACTEL Company Information
7.5.2 TRACTEL Business Overview
7.5.3 TRACTEL Hoists Sales, Revenue and Gross Margin (2021-2026)
7.5.4 TRACTEL Hoists Products Offered
7.5.5 TRACTEL Recent Development
7.6 PLANETA
7.6.1 PLANETA Company Information
7.6.2 PLANETA Business Overview
7.6.3 PLANETA Hoists Sales, Revenue and Gross Margin (2021-2026)
7.6.4 PLANETA Hoists Products Offered
7.6.5 PLANETA Recent Development
7.7 Hitachi
7.7.1 Hitachi Company Information
7.7.2 Hitachi Business Overview
7.7.3 Hitachi Hoists Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Hitachi Hoists Products Offered
7.7.5 Hitachi Recent Development
7.8 Imer International
7.8.1 Imer International Company Information
7.8.2 Imer International Business Overview
7.8.3 Imer International Hoists Sales, Revenue and Gross Margin (2021-2026)
7.8.4 Imer International Hoists Products Offered
7.8.5 Imer International Recent Development
7.9 DAESAN
7.9.1 DAESAN Company Information
7.9.2 DAESAN Business Overview
7.9.3 DAESAN Hoists Sales, Revenue and Gross Margin (2021-2026)
7.9.4 DAESAN Hoists Products Offered
7.9.5 DAESAN Recent Development
7.10 Endo Kogyo
7.10.1 Endo Kogyo Company Information
7.10.2 Endo Kogyo Business Overview
7.10.3 Endo Kogyo Hoists Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Endo Kogyo Hoists Products Offered
7.10.5 Endo Kogyo Recent Development
7.11 Nucleon (Xinxiang)
7.11.1 Nucleon (Xinxiang) Company Information
7.11.2 Nucleon (Xinxiang) Business Overview
7.11.3 Nucleon (Xinxiang) Hoists Sales, Revenue and Gross Margin (2021-2026)
7.11.4 Nucleon (Xinxiang) Hoists Products Offered
7.11.5 Nucleon (Xinxiang) Recent Development
7.12 Henan Kuangshan Crane
7.12.1 Henan Kuangshan Crane Company Information
7.12.2 Henan Kuangshan Crane Business Overview
7.12.3 Henan Kuangshan Crane Hoists Sales, Revenue and Gross Margin (2021-2026)
7.12.4 Henan Kuangshan Crane Hoists Products Offered
7.12.5 Henan Kuangshan Crane Recent Development
7.13 Weihua Heavy Machinery
7.13.1 Weihua Heavy Machinery Company Information
7.13.2 Weihua Heavy Machinery Business Overview
7.13.3 Weihua Heavy Machinery Hoists Sales, Revenue and Gross Margin (2021-2026)
7.13.4 Weihua Heavy Machinery Hoists Products Offered
7.13.5 Weihua Heavy Machinery Recent Development
7.14 Zhejiang Shuangniao Machinery
7.14.1 Zhejiang Shuangniao Machinery Company Information
7.14.2 Zhejiang Shuangniao Machinery Business Overview
7.14.3 Zhejiang Shuangniao Machinery Hoists Sales, Revenue and Gross Margin (2021-2026)
7.14.4 Zhejiang Shuangniao Machinery Hoists Products Offered
7.14.5 Zhejiang Shuangniao Machinery Recent Development
7.15 Zhejiang Guanlin Machinery
7.15.1 Zhejiang Guanlin Machinery Company Information
7.15.2 Zhejiang Guanlin Machinery Business Overview
7.15.3 Zhejiang Guanlin Machinery Hoists Sales, Revenue and Gross Margin (2021-2026)
7.15.4 Zhejiang Guanlin Machinery Hoists Products Offered
7.15.5 Zhejiang Guanlin Machinery Recent Development
7.16 Novocrane (Suzhou)
7.16.1 Novocrane (Suzhou) Company Information
7.16.2 Novocrane (Suzhou) Business Overview
7.16.3 Novocrane (Suzhou) Hoists Sales, Revenue and Gross Margin (2021-2026)
7.16.4 Novocrane (Suzhou) Hoists Products Offered
7.16.5 Novocrane (Suzhou) Recent Development
7.17 Chongqing Vitali Lifting Equipment
7.17.1 Chongqing Vitali Lifting Equipment Company Information
7.17.2 Chongqing Vitali Lifting Equipment Business Overview
7.17.3 Chongqing Vitali Lifting Equipment Hoists Sales, Revenue and Gross Margin (2021-2026)
7.17.4 Chongqing Vitali Lifting Equipment Hoists Products Offered
7.17.5 Chongqing Vitali Lifting Equipment Recent Development
7.18 Jiangsu Bada Science Techology
7.18.1 Jiangsu Bada Science Techology Company Information
7.18.2 Jiangsu Bada Science Techology Business Overview
7.18.3 Jiangsu Bada Science Techology Hoists Sales, Revenue and Gross Margin (2021-2026)
7.18.4 Jiangsu Bada Science Techology Hoists Products Offered
7.18.5 Jiangsu Bada Science Techology Recent Development
7.19 WORLDHOISTS (Tianjin)
7.19.1 WORLDHOISTS (Tianjin) Company Information
7.19.2 WORLDHOISTS (Tianjin) Business Overview
7.19.3 WORLDHOISTS (Tianjin) Hoists Sales, Revenue and Gross Margin (2021-2026)
7.19.4 WORLDHOISTS (Tianjin) Hoists Products Offered
7.19.5 WORLDHOISTS (Tianjin) Recent Development
7.20 Zhejiang Wuyi Machinery
7.20.1 Zhejiang Wuyi Machinery Company Information
7.20.2 Zhejiang Wuyi Machinery Business Overview
7.20.3 Zhejiang Wuyi Machinery Hoists Sales, Revenue and Gross Margin (2021-2026)
7.20.4 Zhejiang Wuyi Machinery Hoists Products Offered
7.20.5 Zhejiang Wuyi Machinery Recent Development
7.21 Jiangsu Sanma Cranes Manufacture
7.21.1 Jiangsu Sanma Cranes Manufacture Company Information
7.21.2 Jiangsu Sanma Cranes Manufacture Business Overview
7.21.3 Jiangsu Sanma Cranes Manufacture Hoists Sales, Revenue and Gross Margin (2021-2026)
7.21.4 Jiangsu Sanma Cranes Manufacture Hoists Products Offered
7.21.5 Jiangsu Sanma Cranes Manufacture Recent Development
7.22 TXK
7.22.1 TXK Company Information
7.22.2 TXK Business Overview
7.22.3 TXK Hoists Sales, Revenue and Gross Margin (2021-2026)
7.22.4 TXK Hoists Products Offered
7.22.5 TXK Recent Development
7.23 Cheng Day
7.23.1 Cheng Day Company Information
7.23.2 Cheng Day Business Overview
7.23.3 Cheng Day Hoists Sales, Revenue and Gross Margin (2021-2026)
7.23.4 Cheng Day Hoists Products Offered
7.23.5 Cheng Day Recent Development
8 Hoists Manufacturing Cost Analysis
8.1 Hoists Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Hoists
8.4 Hoists Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Hoists Distributors List
9.3 Hoists Customers
10 Hoists Market Dynamics
10.1 Hoists Industry Trends
10.2 Hoists Market Drivers
10.3 Hoists Market Challenges
10.4 Hoists Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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