Handling and Lifting Equipment Market by Application, Product, and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 181 SKU: IRTNTR44043

The global handling and lifting equipment market size is estimated to grow by USD 18.2 billion. The size of the market is forecast to increase at a CAGR of 4.08% between 2022 and 2027. The growth of the market depends on several factors, including the growth of the construction sector, the growing adoption of automation in the manufacturing process, and the rapid growth in e-commerce retail.

This report extensively covers market segmentation by application (e-commerce, automotive and railway, food and beverages, aviation, and others), product (cranes, forklifts, conveyor systems, and hoists), and geography (APAC, Europe, North America, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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Handling and Lifting Equipment Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growth of the construction sector is notably driving the material handling equipment market growth, although factors such as the fluctuating prices of raw materials may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Handling and Lifting Equipment Market Driver 

The growth of the construction sector is notably driving the material handling equipment market growth. The global construction industry is growing at a rapid pace due to the increasing demand for residences and commercial buildings such as office and retail complexes. Besides, governments across the world are investing in social infrastructures such as healthcare, education, power, transport, and communication. This is evident in countries such as India, Saudi Arabia, and Qatar, where governments are investing heavily in the development of smart cities.

In October 2018, Saudi Arabia announced the project NEOM for building a multi-billion-dollar megacity. The first phase is expected to be completed by 2025. The Government of Qatar is likely to spend billions of dollars on infrastructure development for the upcoming 2022 FIFA World Cup.  The development of infrastructure worldwide necessitates the need for industrial and construction machinery, including handling and lifting equipment. Thus, the growth in the global construction industry will fuel the growth of the material handling equipment market during the forecast period.

Key Handling and Lifting Equipment Market Trend

The growth of the equipment rental business is the primary trend driving the handling and lifting equipment market growth. handling and lifting equipment are associated with high initial investment and maintenance costs. Hence, many SMEs are increasingly opting for equipment on a rental basis and are gradually investing less in the purchase of handling and lifting equipment. Renting handling and lifting equipment is considered a low-risk option as it provides customers access to the latest, technologically upgraded equipment that is incorporated with the latest hardware.

The increasing demand for rental equipment is encouraging market players to provide a broad range of handling and lifting equipment in the rental construction area for customers, such as construction companies, industrial companies, municipalities, government agencies, and independent contractors. This trend is expected to have a positive impact on the growth of the global handling and lifting equipment market during the forecast period.

Key Handling and Lifting Equipment Market Challenge

Fluctuating prices of raw materials are the major challenges impeding the handling and lifting equipment market growth. The major raw materials used for building handling and lifting equipment are steel, hardened steel, and aluminum. The prices of these raw materials keep continuously fluctuating due to various macroeconomic factors, such as inflation, labor cost, and regulatory policy changes. In addition, various other factors cause fluctuations in the raw material prices, such as iron ore, steel, and aluminum.

Fluctuations in the prices of raw materials are directly correlated to the production of handling and lifting equipment. When the prices of raw materials reach a threshold limit, raw material suppliers are compelled to pass on the increased price to their downstream industries. This directly affects the growth of various industries as well as handling and lifting manufacturers. All these factors are negatively influencing the global material handling equipment market growth.

Key Handling and Lifting Equipment Market Customer Landscape

The report includes the adoption lifecycle of the material handling equipment market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Handling and Lifting Equipment Market Customer Landscape

Who are the Major Handling and Lifting Equipment Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the material handling equipment market.

Cargotec - The company offers products and equipment for loading, unloading, and lifting things securely, safely, and cost-efficiently. The company offers HIAB, EFFER, and ARGOS loader cranes, LOGLIFT and JONSERED forestry and recycling cranes, MOFFETT and PRINCETON truck mounted forklifts, MULTILIFT skip loaders and hooklifts, and tail lifts under the ZEPRO, DEL, and WALTCO brands.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • American Crane and Equipment Corp.
  • Columbus McKinnon Corp.
  • Daifuku Co. Ltd.
  • Escorts Ltd.
  • Haulotte Group
  • Hyster Yale Materials Handling Inc.
  • KITO Corp.
  • Komatsu Ltd.
  • Konecranes
  • Liebherr International Deutschland GmbH
  • Manitex International Inc.
  • SANY Group
  • Shandong Dahan Construction Machinery Co. Ltd.
  • Sumitomo Heavy Industries Ltd.
  • Terex Corp.
  • The Manitowoc Co. Inc.
  • XCMG Group
  • Zoomlion Heavy Industry Science and Technology Co. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Handling and Lifting Equipment Market Segmentation by Application, Product, Geography

Application Analysis

Technavio has segmented the handling and lifting equipment market based on application as e-commerce, automotive and railway, food and beverages, aviation, and others. The market share growth by the e-commerce segment will be significant during the forecast period. E-commerce companies are increasingly focusing on achieving large order fulfilment rates with reduced errors and maximum efficiency using automated processes in their business operations. This is increasing the adoption of handling and lifting equipment in the industry.

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The e-commerce segment showed a gradual increase in the market share of USD 22.91 billion in 2017 and continued to grow by 2021. The global e-commerce industry is growing significantly due to an increasing preference for online shopping. The growth rate of the e-commerce industry is expected to be higher than the growth rate of the conventional retail sector during the forecast period. As a result of these factors, the material handling equipment market will observe significant growth in the e-commerce segment during the forecast period.

Product Analysis

Cranes, forklifts, conveyor systems, and hoists come under the type segment. 

Cranes- Cranes are increasingly being used in the construction of chemical, energy, power distribution, utilities, and other industrial plants. PAC and the Nordic countries such as Sweden and Finland are expected to be significant contributors to the growth of the market in the construction sector. Governments of developing countries are expanding infrastructures such as roads, bridges, and dams, which need construction equipment and machinery Hence, these countries provide abundant opportunities to manufacturers of cranes.

Forklift- The growth of the forklift segment is characterized by the shift of end-users toward battery-powered forklift trucks due to stringent emission regulations. Warehouses are increasingly opting for class I, class II, and class III type forklift trucks that have small load capacities. The rapid growth of key end-user industries, such as construction and e-commerce, in emerging economies, such as China and India, is the primary reason behind the high demand for forklifts in APAC. 

Conveyor systems- Conveyor systems are available in different types, such as belts, rollers, overhead, floor, pallets, crescent, cables, and buckets. Conveyor systems play a crucial role in moving materials from one place to another. Hydraulic, mechanical, and fully automated systems are used to run conveyor systems. Most warehouses use conveyor systems for unloading incoming trucks, carrying products from one point in the production line to the next, carrying finished products to packaging, and loading the packaged goods in trucks or storing them in distribution facilities.  These demands will drive the conveyor system's growth in the market.

Hoist- The demand for hoists will increase in emerging economies, where small-scale mining is gaining significant traction. This will drive the growth of the hoists segment in the global handling and lifting equipment market during the handling and lifting equipment market growth during the forecast period.

Regional Analysis

APAC is projected to contribute 53% of the market growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The growing demand for handling and lifting equipment from construction, e-commerce, mining, and other end-user industries, coupled with increasing disposable income, is driving the growth of the handling and lifting equipment market in APAC. In addition, increasing investments in the steel, chemical, and petrochemical industries in this region is creating significant demand for handling and lifting equipment. This has prompted prominent vendors from the US and Europe to launch new products and forge partnerships with end-users in emerging countries such as India and Indonesia. All these factors are fostering the growth of the handling and lifting equipment market in APAC.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The lift of the lockdown restrictions in the second half of 2020 resulted in the resumption of the production of handling and lifting equipment in the manufacturing facilities. Also, the operations in the end-user industries of handling and lifting equipment, such as construction, food and beverages, aviation, and others, have resumed since the first half of 2021. These factors have increased the demand for handling and lifting equipment, thereby further driving the growth of the regional market.

Parent Market Analysis

The reports categorize the global handling and lifting equipment market as a part of the global industrial machinery market. The global industrial machinery market covers companies engaged in the manufacturing of industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, handling equipment, lifting equipment, elevators, escalators, insulators, pumps, bearings, and other metal fabrications. Technavio calculates the global industrial machinery market size based on combined revenue generated by manufacturers of machinery and components used in the industrial environment. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by application, product, and region.

  • Application Outlook ( USD Million, 2017 - 2027)
    • E-commerce
    • Automotive and railway
    • Food and beverages
    • Aviation
    • Others
  • Porduct Outlook ( USD Million, 2017 - 2027)
    • Cranes
    • Forklifts
    • Conveyor systems
    • Hoists
  • Region Outlook ( USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Handling and Lifting Equipment Market Scope

Report Coverage

Details

Page number

181

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.08%

Market growth 2023-2027

USD 18.2 billion

Market structure

Fragmented

YoY growth (%)

2.71

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

American Crane and Equipment Corp., Cargotec Corp., Columbus McKinnon Corp., Daifuku Co. Ltd., Escorts Ltd., Haulotte Group, Hyster Yale Materials Handling Inc., KITO Corp., Komatsu Ltd., Konecranes, Liebherr International Deutschland GmbH, Manitex International Inc., SANY Group, Shandong Dahan Construction Machinery Co. Ltd., Sumitomo Heavy Industries Ltd., Terex Corp., The Manitowoc Co. Inc., XCMG Group, and Zoomlion Heavy Industry Science and Technology Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Handling and Lifting Equipment Market Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the handling and lifting equipment market and its contribution to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa.
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of handling and lifting equipment market vendors.

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global handling and lifting equipment market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global handling and lifting equipment market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 E-commerce - Market size and forecast 2022-2027
      • Exhibit 34: Chart on E-commerce - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on E-commerce - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on E-commerce - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on E-commerce - Year-over-year growth 2022-2027 (%)
    • 6.4 Automotive and railway - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automotive and railway - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Automotive and railway - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Automotive and railway - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automotive and railway - Year-over-year growth 2022-2027 (%)
    • 6.5 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 6.6 Aviation - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Aviation - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Aviation - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 55: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 57: Chart on Comparison by Product
      • Exhibit 58: Data Table on Comparison by Product
    • 7.3 Cranes - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Cranes - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Cranes - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Cranes - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Cranes - Year-over-year growth 2022-2027 (%)
    • 7.4 Forklifts - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Forklifts - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Forklifts - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Forklifts - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Forklifts - Year-over-year growth 2022-2027 (%)
    • 7.5 Conveyor systems - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Conveyor systems - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Conveyor systems - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Conveyor systems - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Conveyor systems - Year-over-year growth 2022-2027 (%)
    • 7.6 Hoists - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Hoists - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Hoists - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Hoists - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Hoists - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 75: Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 77: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 79: Chart on Geographic comparison
      • Exhibit 80: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 117: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 118: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 119: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 120: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 121: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 122: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 123: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 124: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 125: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 126: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 127: Matrix on vendor position and classification
            • 12.3 American Crane and Equipment Corp.
              • Exhibit 128: American Crane and Equipment Corp. - Overview
              • Exhibit 129: American Crane and Equipment Corp. - Product / Service
              • Exhibit 130: American Crane and Equipment Corp. - Key offerings
            • 12.4 Cargotec Corp.
              • Exhibit 131: Cargotec Corp. - Overview
              • Exhibit 132: Cargotec Corp. - Business segments
              • Exhibit 133: Cargotec Corp. - Key news
              • Exhibit 134: Cargotec Corp. - Key offerings
              • Exhibit 135: Cargotec Corp. - Segment focus
            • 12.5 Columbus McKinnon Corp.
              • Exhibit 136: Columbus McKinnon Corp. - Overview
              • Exhibit 137: Columbus McKinnon Corp. - Business segments
              • Exhibit 138: Columbus McKinnon Corp. - Key offerings
              • Exhibit 139: Columbus McKinnon Corp. - Segment focus
            • 12.6 Daifuku Co. Ltd.
              • Exhibit 140: Daifuku Co. Ltd. - Overview
              • Exhibit 141: Daifuku Co. Ltd. - Business segments
              • Exhibit 142: Daifuku Co. Ltd. - Key news
              • Exhibit 143: Daifuku Co. Ltd. - Key offerings
              • Exhibit 144: Daifuku Co. Ltd. - Segment focus
            • 12.7 Escorts Ltd.
              • Exhibit 145: Escorts Ltd. - Overview
              • Exhibit 146: Escorts Ltd. - Business segments
              • Exhibit 147: Escorts Ltd. - Key offerings
              • Exhibit 148: Escorts Ltd. - Segment focus
            • 12.8 Haulotte Group
              • Exhibit 149: Haulotte Group - Overview
              • Exhibit 150: Haulotte Group - Product / Service
              • Exhibit 151: Haulotte Group - Key offerings
            • 12.9 Hyster Yale Materials Handling Inc.
              • Exhibit 152: Hyster Yale Materials Handling Inc. - Overview
              • Exhibit 153: Hyster Yale Materials Handling Inc. - Business segments
              • Exhibit 154: Hyster Yale Materials Handling Inc. - Key offerings
              • Exhibit 155: Hyster Yale Materials Handling Inc. - Segment focus
            • 12.10 Komatsu Ltd.
              • Exhibit 156: Komatsu Ltd. - Overview
              • Exhibit 157: Komatsu Ltd. - Business segments
              • Exhibit 158: Komatsu Ltd. - Key news
              • Exhibit 159: Komatsu Ltd. - Key offerings
              • Exhibit 160: Komatsu Ltd. - Segment focus
            • 12.11 Konecranes
              • Exhibit 161: Konecranes - Overview
              • Exhibit 162: Konecranes - Business segments
              • Exhibit 163: Konecranes - Key offerings
              • Exhibit 164: Konecranes - Segment focus
            • 12.12 Liebherr International Deutschland GmbH
              • Exhibit 165: Liebherr International Deutschland GmbH - Overview
              • Exhibit 166: Liebherr International Deutschland GmbH - Product / Service
              • Exhibit 167: Liebherr International Deutschland GmbH - Key news
              • Exhibit 168: Liebherr International Deutschland GmbH - Key offerings
            • 12.13 SANY Group
              • Exhibit 169: SANY Group - Overview
              • Exhibit 170: SANY Group - Product / Service
              • Exhibit 171: SANY Group - Key offerings
            • 12.14 Terex Corp.
              • Exhibit 172: Terex Corp. - Overview
              • Exhibit 173: Terex Corp. - Business segments
              • Exhibit 174: Terex Corp. - Key offerings
              • Exhibit 175: Terex Corp. - Segment focus
            • 12.15 The Manitowoc Co. Inc.
              • Exhibit 176: The Manitowoc Co. Inc. - Overview
              • Exhibit 177: The Manitowoc Co. Inc. - Business segments
              • Exhibit 178: The Manitowoc Co. Inc. - Key news
              • Exhibit 179: The Manitowoc Co. Inc. - Key offerings
              • Exhibit 180: The Manitowoc Co. Inc. - Segment focus
            • 12.16 XCMG Group
              • Exhibit 181: XCMG Group - Overview
              • Exhibit 182: XCMG Group - Product / Service
              • Exhibit 183: XCMG Group - Key offerings
            • 12.17 Zoomlion Heavy Industry Science and Technology Co. Ltd.
              • Exhibit 184: Zoomlion Heavy Industry Science and Technology Co. Ltd. - Overview
              • Exhibit 185: Zoomlion Heavy Industry Science and Technology Co. Ltd. - Business segments
              • Exhibit 186: Zoomlion Heavy Industry Science and Technology Co. Ltd. - Key offerings
              • Exhibit 187: Zoomlion Heavy Industry Science and Technology Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 188: Inclusions checklist
                • Exhibit 189: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 190: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 191: Research methodology
                • Exhibit 192: Validation techniques employed for market sizing
                • Exhibit 193: Information sources
              • 13.5 List of abbreviations
                • Exhibit 194: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              handling and lifting equipment market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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