Global Mine Hoists Market Growth 2025-2031
Description
The global Mine Hoists market size is predicted to grow from US$ 3.9 million in 2025 to US$ 5.2 million in 2031; it is expected to grow at a CAGR of 4.7% 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.
Mine hoists are devices that are used to raise and lower materials or personnel in underground mines. They consist of a drum or a wheel that rotates and winds a cable or a rope that is attached to a conveyance such as a cage, a skip, or a bucket. Mine hoists can be powered by electricity, diesel, gasoline, or compressed air. Mine hoists can be classified into different types based on their design and function, such as drum hoists, friction hoists, pneumatic hoists, and hydraulic hoists.
The future market trends of mine hoists are influenced by several factors, such as the increasing demand for efficient and reliable underground mining operations, the technological innovations in mine hoist design and manufacturing, and the environmental and safety regulations. Some of the key trends are:The adoption of smart mine hoists that are equipped with sensors, real-time monitoring, and AI algorithms that optimize the performance and durability of the mine hoists. These technologies can also enhance the safety and productivity of the mining workers and reduce the operational costs and maintenance downtime.The demand for compact, lightweight, and versatile mine hoists that can cater to various spaces and storage needs. These mine hoists are designed to fit under the counter, on the countertop, or in any corner of the room, and have customizable features, such as LED lighting, glass doors, and touch controls25.The preference for mine hoists that complement modern living spaces and enhance the home entertainment and interior aesthetics. These mine hoists have sleek and elegant designs, smart connectivity, and artistic lighting that make them not just functional devices but captivating centerpieces.The growth of the mine hoist market in emerging regions, such as Asia-Pacific and South America, where the industrialization and urbanization are rising. These regions are expected to witness the fastest growth rate in the mine hoist market, especially in countries such as China, India, Brazil, and Argentina.
LP Information, Inc. (LPI) ' newest research report, the “Mine Hoists Industry Forecast” looks at past sales and reviews total world Mine Hoists sales in 2024, providing a comprehensive analysis by region and market sector of projected Mine Hoists sales for 2025 through 2031. With Mine Hoists sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mine Hoists industry.
This Insight Report provides a comprehensive analysis of the global Mine Hoists 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 Mine Hoists portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mine Hoists market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mine Hoists 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 Mine Hoists.
This report presents a comprehensive overview, market shares, and growth opportunities of Mine Hoists market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Winding Hoists
Friction Hoists
Segmentation by Application:
Mines
Construction
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
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
J.D. Neuhaus
Mine Hoists International
DavyMarkham
DMT
FB Mining
Alimak
TOYO
ABUS
Imer International
VERLINDE
DAESAN
ABLE FORGE
Endo Kogyo
Quincy Mine
Citichl Heavy Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mine Hoists market?
What factors are driving Mine Hoists market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mine Hoists market opportunities vary by end market size?
How does Mine Hoists break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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.
Mine hoists are devices that are used to raise and lower materials or personnel in underground mines. They consist of a drum or a wheel that rotates and winds a cable or a rope that is attached to a conveyance such as a cage, a skip, or a bucket. Mine hoists can be powered by electricity, diesel, gasoline, or compressed air. Mine hoists can be classified into different types based on their design and function, such as drum hoists, friction hoists, pneumatic hoists, and hydraulic hoists.
The future market trends of mine hoists are influenced by several factors, such as the increasing demand for efficient and reliable underground mining operations, the technological innovations in mine hoist design and manufacturing, and the environmental and safety regulations. Some of the key trends are:The adoption of smart mine hoists that are equipped with sensors, real-time monitoring, and AI algorithms that optimize the performance and durability of the mine hoists. These technologies can also enhance the safety and productivity of the mining workers and reduce the operational costs and maintenance downtime.The demand for compact, lightweight, and versatile mine hoists that can cater to various spaces and storage needs. These mine hoists are designed to fit under the counter, on the countertop, or in any corner of the room, and have customizable features, such as LED lighting, glass doors, and touch controls25.The preference for mine hoists that complement modern living spaces and enhance the home entertainment and interior aesthetics. These mine hoists have sleek and elegant designs, smart connectivity, and artistic lighting that make them not just functional devices but captivating centerpieces.The growth of the mine hoist market in emerging regions, such as Asia-Pacific and South America, where the industrialization and urbanization are rising. These regions are expected to witness the fastest growth rate in the mine hoist market, especially in countries such as China, India, Brazil, and Argentina.
LP Information, Inc. (LPI) ' newest research report, the “Mine Hoists Industry Forecast” looks at past sales and reviews total world Mine Hoists sales in 2024, providing a comprehensive analysis by region and market sector of projected Mine Hoists sales for 2025 through 2031. With Mine Hoists sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mine Hoists industry.
This Insight Report provides a comprehensive analysis of the global Mine Hoists 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 Mine Hoists portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mine Hoists market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mine Hoists 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 Mine Hoists.
This report presents a comprehensive overview, market shares, and growth opportunities of Mine Hoists market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Winding Hoists
Friction Hoists
Segmentation by Application:
Mines
Construction
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
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
KAWASAKI
J.D. Neuhaus
Mine Hoists International
DavyMarkham
DMT
FB Mining
Alimak
TOYO
ABUS
Imer International
VERLINDE
DAESAN
ABLE FORGE
Endo Kogyo
Quincy Mine
Citichl Heavy Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mine Hoists market?
What factors are driving Mine Hoists market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mine Hoists market opportunities vary by end market size?
How does Mine Hoists break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
148 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 Mine Hoists 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 Mine Hoists by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
