Global Handling and Lifting Equipment Market 2025-2029

Handling And Lifting Equipment Market 2025-2029

The handling and lifting equipment market is forecasted to grow by USD 18.56 billion during 2024-2029, accelerating at a CAGR of 4% during the forecast period. The report on the handling and lifting equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of construction sector, growing adoption of automation in manufacturing process, and rapid growth in E-commerce retail.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's handling and lifting equipment market is segmented as below:

By Application

• E-commerce
• Automotive and railway
• Food and beverages
• Aviation
• Others

By Product

• Cranes
• Forklifts
• Conveyor systems
• Hoists

By Source

• Electric lifting and handling equipment
• Hydraulic lifting equipment
• Internal combustion engine (ICE)-powered equipment
• Pneumatic lifting equipment
• Manual lifting equipment

By Geographical Landscape

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

This study identifies the growth of equipment rental business as one of the prime reasons driving the handling and lifting equipment market growth during the next few years. Also, development of fuel cell-powered forklift trucks and development of autonomous cranes will lead to sizable demand in the market.

The report on the handling and lifting equipment market covers the following areas:

• Handling And Lifting Equipment Market sizing
• Handling And Lifting Equipment Market forecast
• Handling And Lifting Equipment Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handling and lifting equipment market vendors that include 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 AG, Manitex International Inc., Sany Group, Shandong Dahan Construction Machinery Co. Ltd., Sumitomo Heavy Industries Ltd., Terex Corp., The Manitowoc Co. Inc., Xuzhou Construction Machinery Group Co. Ltd., and Zoomlion Heavy Industry Science and Technology Co. Ltd.. Also, the handling and lifting equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.