In this report, the Global Air Chain Hoists market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Air Chain Hoists market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
Air Chain Hoists, often referred to as pneumatic hoists; utilize a rotary or piston-driven motor powered by compressed air. Air passes through the system and cools the hoist as it operates, so air chain hoists can run continuously without rest or risk of overheating—unlike an electric hoist system.
In the coming years there is an increasing demand for Air Chain Hoists in the regions of North America and Europe that is expected to drive the market for more advanced Air Chain Hoists. Growth in government budgets in the principal countries, increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Air Chain Hoists will drive growth in North America and Europe markets.
Market Analysis and Insights: Global Air Chain Hoists Market
In 2019, the global Air Chain Hoists market size was US$ 198 million and it is expected to reach US$ 239.1 million by the end of 2026, with a CAGR of 2.7% during 2021-2026.
Global Air Chain Hoists Scope and Market Size
Air Chain Hoists market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Air Chain Hoists market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Air Chain Hoists market is segmented into
Segment by Application, the Air Chain Hoists market is segmented into
Oil & Gas
Mining & Excavating Operation
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Air Chain Hoists Market Share Analysis
Air Chain Hoists market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Air Chain Hoists product introduction, recent developments, Air Chain Hoists sales by region, type, application and by sales channel.
The major companies include:
Reasons to Buy This Research Report
- Complete access to Global Air Chain Hoists market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Air Chain Hoists markets including North America, Europe, MEA and Asia Pacific
- Global Air Chain Hoists Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Air Chain Hoists market segmentation
- Key trends, drivers and restraints for global Global Air Chain Hoists market
- Challenges to market growth for Global Air Chain Hoists manufacturers
- Key market opportunities of Global Air Chain Hoists Industry
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