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Global Chain Type Electric Hoist Market Growth 2026-2032

Published Jan 05, 2026
Length 201 Pages
SKU # LPI20693018

Description

The global Chain Type Electric Hoist market size is predicted to grow from US$ 621 million in 2025 to US$ 958 million in 2032; it is expected to grow at a CAGR of 6.4% from 2026 to 2032.

In 2025, global Chain Type Electric Hoist production reached approximately 140k units, with an average global market price of around US$ 4500 per unit.

A chain type electric hoist is a compact lifting device that uses a load chain as the lifting medium. A motor and gear reducer drive a chain wheel (sprocket) to raise/lower loads, typically integrated with a brake, upper/lower limit switches, hooks/rigging, and pendant or wireless controls. It is widely used for workshop lifting, assembly handling, maintenance, and line-side material movement. Compared with wire-rope hoists, chain hoists are often favored for compactness, flexible installation, precise positioning, and easier maintenance, especially in short-stroke, high-cycle operations.

Upstream inputs include key metals and components: alloy steel and heat treatment for load chains, gear/bearing steels, brake friction materials, electrical steel and copper for motors, plus electrical parts (contactors, relays, encoders/limit switches, optional VFDs) and structural parts (cast/forged components, sheet metal, coating). Midstream hoist makers design, manufacture, assemble, and test the complete unit (motor–gear matching, brake/limit safety, chain–sprocket durability, IP protection, and controls), offering single-/two-speed or VFD variable-speed solutions. Downstream usage spans manufacturing workshops, warehousing/logistics, MEP installation, stage entertainment rigging, and wind/power maintenance. Representative upstream ecosystems include SKF/NSK (bearings), Nidec/WEG (motor ecosystem), and Schneider Electric/Siemens (LV & drives ecosystem); downstream users include automotive/parts plants, battery/electronics factories, equipment manufacturers, and maintenance/installation service providers.

The development prospects of chain electric hoists may be affected by many factors, including technological progress, market demand, policies and regulations, etc. In the future, with the continuous development of industrial automation and intelligent manufacturing technology, chain electric hoists are expected to further improve their work efficiency and performance to meet more complex and diverse application needs.

The chain electric hoist market is characterized by stable, mature demand alongside a shift toward higher-spec upgrades. In workshops, maintenance, and station-based handling, chain hoists remain a standard lifting tool thanks to compactness, flexible installation, and serviceability. The competitive focus is moving beyond basic lifting capacity toward safety, uptime, and integration—such as VFD-based smoother motion and better positioning, enhanced brake/limit redundancy, stronger IP protection and durability, and packaged solutions with trolleys, light crane systems, custom tooling, and maintenance/inspection workflows. Key drivers include the rise of flexible manufacturing and higher-cycle, low-impact material handling needs, standardized procurement driven by maintenance outsourcing, and stricter safety compliance encouraging replacement of legacy units. Headwinds include price pressure from product commoditization, growing customer sensitivity to total cost of ownership (energy, maintenance, downtime), and substitution in some applications by more integrated light crane systems, smart handling equipment, or specialized gripping solutions. Overall, chain electric hoists will retain a solid base in general lifting while upgrading toward “higher duty class + safer controls + system-level delivery,” favoring suppliers with proven reliability validation, certification capability, and strong service channels.

LP Information, Inc. (LPI) ' newest research report, the “Chain Type Electric Hoist Industry Forecast” looks at past sales and reviews total world Chain Type Electric Hoist sales in 2025, providing a comprehensive analysis by region and market sector of projected Chain Type Electric Hoist sales for 2026 through 2032. With Chain Type Electric Hoist sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chain Type Electric Hoist industry.

This Insight Report provides a comprehensive analysis of the global Chain Type Electric Hoist 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 Chain Type Electric Hoist portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Chain Type Electric Hoist market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chain Type Electric Hoist 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 Chain Type Electric Hoist.

This report presents a comprehensive overview, market shares, and growth opportunities of Chain Type Electric Hoist market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Double Rope Chain Electric Hoist
Single Rope Chain Electric Hoist

Segmentation by Load:
100kg-500kg
1t-3t
5t-10t
Others

Segmentation by Lifting Height:
3m
6m
9m
Others

Segmentation by Application:
Wind Power Industry
Logistics Industry
Transportation Industry
Building Construction

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.
KITO CORP
Columbus McKinnon
Konecranes
Ingersoll Rand
TRACTEL
Hitachi
Demag Cranes
Ropeblock
Alimak Group
PLANETA-Hebetechnik
IMER Group
SWF Krantechnik
Vulcan Hoist
TOYO
GH Cranes
Harrington Hoists
Terex Corporation
Reva Industries
Bada Mechanical & Electrical
Dafang Crane
Dali Derricks
Novocrane
DGCRANE
Chenli Rigging Group
Hugong Group
Kaidao Hoisting Machinery
Nucleon Crane
Huaige Group
Kunda Hoisting Equipment
Henan Mining Crane
Weihua Group
Kaicheng Hoisting Machinery
Henan Feima Crane Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chain Type Electric Hoist market?

What factors are driving Chain Type Electric Hoist market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chain Type Electric Hoist market opportunities vary by end market size?

How does Chain Type Electric Hoist break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

201 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Chain Type Electric Hoist by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Chain Type Electric Hoist by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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