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Lifting Equipment Market Size, Share & Trends Analysis Report By Type (Lifts, Trucks, Cranes, Hoists, Aerial Work Platforms), By Mechanism (Mechanical, Hydraulic, Pneumatic), By End Use, By Region, And Segment Forecasts, 2025 - 2033

Published Dec 05, 2025
Length 100 Pages
SKU # GV20724021

Description

Lifting Equipment Market Summary

The global lifting equipment market size was estimated at USD 82.5 million in 2024 and is projected to reach USD 138.6 million by 2033, growing at a CAGR of 6.0% from 2025 to 2033. Rapid urbanization and increasing infrastructure development are significantly driving the growth of the lifting equipment industry.

Expansion in construction, mining, oil & gas, and manufacturing sectors is creating strong demand for efficient material handling solutions. Cranes, hoists, and forklifts play a critical role in handling heavy loads across complex project sites.

The growing focus on workplace safety and operational efficiency is further fueling market expansion. Strict safety regulations are encouraging industries to shift from manual handling to mechanized lifting systems. Modern equipment reduces workplace injuries while improving precision and load control. This emphasis on safer and more productive operations is boosting overall demand for lifting equipment.

Global Lifting Equipment Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global lifting equipment market report based on type,mechanism, end use, and region.
  • Type Outlook (Revenue, USD Million, 2021 - 2033)
  • Lifts
  • Trucks
  • Cranes
  • Hoists
  • Aerial Work Platforms
  • Others
  • Mechanism Outlook (Revenue, USD Million, 2021 - 2033)
  • Mechanical
  • Hydraulic
  • Pneumatic
  • Others
  • End Use Outlook (Revenue, USD Million, 2021 - 2033)
  • Construction
  • Warehousing & Logistics
  • Manufacturing
  • Others
  • Regional Outlook (Revenue, USD Million, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Global Lifting Equipment Market Variables, Trends & Scope
3.1. Market Concentration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. Raw Material/Component Outlook
3.2.2. Manufacturer Outlook
3.2.3. Distribution Outlook
3.2.4. End Use Outlook
3.3. Regulatory Framework
3.4. Technology Overview
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Challenges Analysis
3.5.4. Market Opportunity Analysis
3.6. Economic Mega-Trend Analysis
3.7. Industry Analysis Tools
3.7.1. Porter’s Five Forces Analysis
3.7.2. Macro-environmental Analysis
Chapter 4. Global Lifting Equipment Market: Type Estimates & Trend Analysis
4.1. Type Movement Analysis & Market Share, 2024 & 2033
4.2. Global Lifting Equipment Market Estimates & Forecast, By Type, 2021 to 2033 (USD Million)
4.3. Lifts
4.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.4. Trucks
4.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.5. Cranes
4.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.6. Hoists
4.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.7. Aerial Work Platforms
4.7.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.8. Others
4.8.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Global Lifting Equipment Market: Mechanism Estimates & Trend Analysis
5.1. Mechanism Movement Analysis & Market Share, 2024 & 2033
5.2. Global Lifting Equipment Market Estimates & Forecast, By Distribution Channel, 2021 to 2033 (USD Million)
5.3. Mechanical
5.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.4. Hydraulic
5.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.5. Pneumatic
5.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.6. Others
5.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Global Lifting Equipment Market: End Use Estimates & Trend Analysis
6.1. End Use Movement Analysis & Market Share, 2024 & 2033
6.2. Global Lifting Equipment Market Estimates & Forecast, By End Use, 2021 to 2033 (USD Million)
6.3. Construction
6.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.4. Warehousing & Logistics
6.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.5. Manufacturing
6.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.6. Others
6.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Global Lifting Equipment Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2024 & 2033
7.2. North America
7.2.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.2.2. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.2.3. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.2.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.2.5. U.S.
7.2.5.1. Key country dynamics
7.2.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.2.5.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.2.5.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.2.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.2.6. Canada
7.2.6.1. Key country dynamics
7.2.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.2.6.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.2.6.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.2.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.2.7. Mexico
7.2.7.1. Key country dynamics
7.2.7.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.2.7.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.2.7.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.2.7.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3. Europe
7.3.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.2. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.3. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3.5. Germany
7.3.5.1. Key country dynamics
7.3.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.5.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.5.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3.6. France
7.3.6.1. Key country dynamics
7.3.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.6.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.6.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3.7. UK
7.3.7.1. Key country dynamics
7.3.7.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.7.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.7.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.7.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3.8. Italy
7.3.8.1. Key country dynamics
7.3.8.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.8.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.8.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.8.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.3.9. Spain
7.3.9.1. Key country dynamics
7.3.9.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.3.9.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.3.9.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.3.9.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4. Asia Pacific
7.4.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.2. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.3. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4.5. China
7.4.5.1. Key country dynamics
7.4.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.5.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.5.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4.6. India
7.4.6.1. Key country dynamics
7.4.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.6.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.6.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4.7. Japan
7.4.7.1. Key country dynamics
7.4.7.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.7.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.7.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.7.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4.8. Australia
7.4.8.1. Key country dynamics
7.4.8.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.8.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.8.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.8.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.4.9. South Korea
7.4.9.1. Key country dynamics
7.4.9.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.4.9.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.4.9.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.4.9.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.5. Latin America
7.5.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.5.2. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.5.3. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.5.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.5.5. Brazil
7.5.5.1. Key country dynamics
7.5.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.5.5.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.5.5.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.5.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.5.6. Argentina
7.5.6.1. Key country dynamics
7.5.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.5.6.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.5.6.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.5.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.6. Middle East & Africa
7.6.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.6.2. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.6.3. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.6.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.6.5. Saudi Arabia
7.6.5.1. Key country dynamics
7.6.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.6.5.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.6.5.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.6.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.6.6. UAE
7.6.6.1. Key country dynamics
7.6.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.6.6.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.6.6.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.6.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
7.6.7. South Africa
7.6.7.1. Key country dynamics
7.6.7.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
7.6.7.3. Market estimates & forecast, by type, 2021 - 2033 (USD Million)
7.6.7.4. Market estimates & forecast, by mechanism, 2021 - 2033 (USD Million)
7.6.7.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
Chapter 8. Global Lifting Equipment Market - Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Company Dashboard Analysis
8.4. Company Positioning Analysis, 2024
8.5. Company Heat Map Analysis, 2024
8.6. Strategy Mapping
8.7. Company Profiles
8.7.1. Cargotec
8.7.1.1. Participant’s overview
8.7.1.2. Financial performance
8.7.1.3. Product benchmarking
8.7.1.4. Recent developments
8.7.2. Demag Cranes & Components
8.7.2.1. Participant’s overview
8.7.2.2. Financial performance
8.7.2.3. Product benchmarking
8.7.2.4. Recent developments
8.7.3. JASO Industrial Cranes
8.7.3.1. Participant’s overview
8.7.3.2. Financial performance
8.7.3.3. Product benchmarking
8.7.3.4. Recent developments
8.7.4. Komatsu
8.7.4.1. Participant’s overview
8.7.4.2. Financial performance
8.7.4.3. Product benchmarking
8.7.4.4. Recent developments
8.7.5. Konecranes
8.7.5.1. Participant’s overview
8.7.5.2. Financial performance
8.7.5.3. Product benchmarking
8.7.5.4. Recent developments
8.7.6. Liebherr
8.7.6.1. Participant’s overview
8.7.6.2. Financial performance
8.7.6.3. Product benchmarking
8.7.6.4. Recent developments
8.7.7. Mammoet
8.7.7.1. Participant’s overview
8.7.7.2. Financial performance
8.7.7.3. Product benchmarking
8.7.7.4. Recent developments
8.7.8. Manitowoc Company
8.7.8.1. Participant’s overview
8.7.8.2. Financial performance
8.7.8.3. Product benchmarking
8.7.8.4. Recent developments
8.7.9. Palfinger
8.7.9.1. Participant’s overview
8.7.9.2. Financial performance
8.7.9.3. Product benchmarking
8.7.9.4. Recent developments
8.7.10. SANY
8.7.10.1. Participant’s overview
8.7.10.2. Financial performance
8.7.10.3. Product benchmarking
8.7.10.4. Recent developments
8.7.11. Sarens
8.7.11.1. Participant’s overview
8.7.11.2. Financial performance
8.7.11.3. Product benchmarking
8.7.11.4. Recent developments
8.7.12. Sennebogen
8.7.12.1. Participant’s overview
8.7.12.2. Financial performance
8.7.12.3. Product benchmarking
8.7.12.4. Recent developments
8.7.13. Shanghai Zhenhua Heavy Industries (ZPMC)
8.7.13.1. Participant’s overview
8.7.13.2. Financial performance
8.7.13.3. Product benchmarking
8.7.13.4. Recent developments
8.7.14. Tadano
8.7.14.1. Participant’s overview
8.7.14.2. Financial performance
8.7.14.3. Product benchmarking
8.7.14.4. Recent developments
8.7.15. Terex
8.7.15.1. Participant’s overview
8.7.15.2. Financial performance
8.7.15.3. Product benchmarking
8.7.15.4. Recent developments
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