The global Below the Hook Lifting Device market size is predicted to grow from US$ 1570 million in 2025 to US$ 2064 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.
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.
LP Information, Inc. (LPI) ' newest research report, the “Below the Hook Lifting Device Industry Forecast” looks at past sales and reviews total world Below the Hook Lifting Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Below the Hook Lifting Device sales for 2025 through 2031. With Below the Hook Lifting Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Below the Hook Lifting Device industry.
This Insight Report provides a comprehensive analysis of the global Below the Hook Lifting Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Below the Hook Lifting Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Below the Hook Lifting Device market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Below the Hook Lifting Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Below the Hook Lifting Device.
This report presents a comprehensive overview, market shares, and growth opportunities of Below the Hook Lifting Device market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lifting Beams
Spreader Beams and Bars
C-Hooks
Pallet Lifter
Plate Lifting Clamps
Lifting Tongs and Grabs
Slings
Others
Segmentation by Application:
Industrial
Logistics
Construction
Mining and Metal
Energy
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Below the Hook Lifting Device market?
What factors are driving Below the Hook Lifting Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Below the Hook Lifting Device market opportunities vary by end market size?
How does Below the Hook Lifting Device break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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