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Global Hoist for Mining Market Growth 2025-2031

Published Oct 09, 2025
Length 114 Pages
SKU # LPI20459339

Description

The global Hoist for Mining market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

In underground mining a hoist or winder[1] is used to raise and lower conveyances within the mine shaft. Modern hoists are normally powered using electric motors, historically with direct current drives utilizing Ward Leonard control machines and later solid-state converters (thyristors), however modern large hoists use alternating current drives that are variable frequency controlled.

United States market for Hoist for Mining is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Hoist for Mining is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Hoist for Mining is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Hoist for Mining players cover Columbus McKinnon, Kito, Sichuan Mining Machinery, INCO Engineering, SIEMAG TECBERG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Hoist for Mining Industry Forecast” looks at past sales and reviews total world Hoist for Mining sales in 2024, providing a comprehensive analysis by region and market sector of projected Hoist for Mining sales for 2025 through 2031. With Hoist for Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hoist for Mining industry.

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

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

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

Segmentation by Type:
Friction Hoist
Drum Hoist
Blair Multi-rope Hoist

Segmentation by Application:
Coal Mine
Iron Ore
Non-ferrous Metal Ore
Non-metallic Minerals Ore

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
Kito
Sichuan Mining Machinery
INCO Engineering
SIEMAG TECBERG
Dongqi Group
FLSmidth
Ingersoll Rand
Deilmann-Haniel
Terex
Konecranes

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hoist for Mining market?

What factors are driving Hoist for Mining market growth, globally and by region?

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

How do Hoist for Mining market opportunities vary by end market size?

How does Hoist for Mining break out by Type, by Application?

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

Table of Contents

114 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 Hoist for Mining 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 Hoist for Mining by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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