According to our (Global Info Research) latest study, the global Below the Hook Lifting Device market size was valued at US$ 1590 million in 2024 and is forecast to a readjusted size of USD 2137 million by 2031 with a CAGR of 4.4% during review period.
Below the hook lifting devices are special hoists located under the crane hook. They are used to be securely fixed to the crane hook to facilitate the hanging and lifting of various loads in construction, logistics, maritime and other industrial applications, ensuring efficient and safe material handling operations.
Below the hook lifting device can be divided into 8 categories: Lifting beams, spreader beams and bars, C-Hooks, pallet lifter, plate lifting clamps, lifting tongs and grabs, slings, others. Among them, Lifting Beams account for 27% of the global market share mainly because they have outstanding performance in balancing loads, improving work efficiency, ensuring safety and stability, so the demand accounts for a high proportion.
Below the hook lifting device has wide range of applications, such as industrial, logistics, construction, mining and metal, energy, others. Industrial sector was the most widely used area which took up about 20% of the global market size.
Harrington (Kito Crosby), Mazzella Companies, Caldwell, Xtek (Bushman, Bradley, Avon), Columbus McKinnon, etc. are the key producers in the global below the hook lifting device market. Top 5 took up about 22% of the global market. Because below the hook lifting device classification is relatively detailed and complicated, there are many small and medium-sized production enterprises in the market. Some cranes and hoists players also participate in this market, making the concentration of this market very dispersed.
This report is a detailed and comprehensive analysis for global Below the Hook Lifting Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Below the Hook Lifting Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Below the Hook Lifting Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Below the Hook Lifting Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Below the Hook Lifting Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Below the Hook Lifting Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Below the Hook Lifting Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Columbus McKinnon, Harrington (Kito Crosby), Mazzella Companies, Caldwell, Xtek (Bushman, Bradley, Avon), Air Technical Industries, Wolter, PWI, Morgan Engineering, American Equipment, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Below the Hook Lifting Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lifting Beams
Spreader Beams and Bars
C-Hooks
Pallet Lifter
Plate Lifting Clamps
Lifting Tongs and Grabs
Slings
Others
Market segment by Application
Industrial
Logistics
Construction
Mining and Metal
Energy
Others
Major players covered
Columbus McKinnon
Harrington (Kito Crosby)
Mazzella Companies
Caldwell
Xtek (Bushman, Bradley, Avon)
Air Technical Industries
Wolter
PWI
Morgan Engineering
American Equipment
Lift-Tex
Tractel
Kino Cranes
BINHAl Crane Hoist
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Below the Hook Lifting Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Below the Hook Lifting Device, with price, sales quantity, revenue, and global market share of Below the Hook Lifting Device from 2020 to 2025.
Chapter 3, the Below the Hook Lifting Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Below the Hook Lifting Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Below the Hook Lifting Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Below the Hook Lifting Device.
Chapter 14 and 15, to describe Below the Hook Lifting Device sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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