[Latest] Global Electric Hoist Market Size/Share Worth USD 4.2 Billion by 2034 at a 5.7% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Electric Hoist Market size & share revenue was valued at approximately USD 2.4 Billion in 2024 and is expected to reach USD 2.5 Billion in 2025 and is expected to reach around USD 4.2 Billion by 2034, at a CAGR of 5.7% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Hitachi Industrial Equipment Systems, Crosby Group, Columbus McKinnon, Demag Cranes and Components, ABUS Cranes, IMER International, Ingersoll Rand, JASO, Industrial Cranes, Kran Direkt, Konecranes, Brady & Morris Engineering, Street Crane, Tianjin Kunda Hoisting Equipment, Verlinde, Yale and others.
Austin, TX, USA, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Electric Hoist Market Size, Trends and Insights By Type (Chain, Wire), By Application (Commercial Recovery, Cranes, Workboat, Utility, Others), By Industry Vertical (Aerospace, Automotive & Transportation, Construction, Energy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034” in its research database.
According to the latest research study, the global Electric Hoist Market size and share were valued at approximately USD 2.4 billion in 2024, are expected to reach USD 2.5 billion in 2025, and are projected to grow to around USD 4.2 billion by 2034, with a compound annual growth rate (CAGR) of about 5.7% during the forecast period from 2025 to 2034.
Click Here to Access a Free Sample Report of the Global Electric Hoist Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=73580
Overview
According to industry experts at CMI, A lot of firms utilize electric hoists to make it easier to lift and transport heavy goods. An electric hoist has a motor that moves things up and down with a chain or wire rope. The technology is easy to use and very accurate. It can also handle challenging chores that would normally take a lot of work. They can use a switch or a remote to turn it on and off.
The goal of these hoists is to help workers do more, feel less worn out, and be safer at work in general. The electric hoist market is being driven by several variables, such as the growing e-commerce sector, increasing safety regulation, growing trends of automation across industry, increasing demand from the renewable energy sector, and others. However, the complexity of integration and standardization presents a significant challenge to market growth.
Key Trends & Drivers
- E-commerce and logistics boom: The rising e-commerce and logistics industry is a significant driver for the electric hoist market. A growing number of individuals are shopping online at sites like Amazon, Alibaba, Walmart, and FedEx. This demands automated warehouses and logistical infrastructure. Luckily, technology has made it possible to employ electric hoists to carry objects efficiently and conveniently. The warehousing industry is vast and rapidly expanding. The European Materials Handling Federation reports that demand for automated warehouse lifting systems has gone up 34% per year since 2023. The main reason for this surge was growth in logistics and online shopping. As logistics operations become more complex, there is a growing need for IoT-enabled hoists that can do things like monitor in real time, predict when maintenance will be needed, and analyze data. The aforementioned facts drive the market.
Request a Customized Copy of the Electric Hoist Market Report @ https://www.custommarketinsights.com/request-for-customization/?reportid=73580
- Emphasis on safety and ergonomics: Increasing emphasis on safety and ergonomics is what is driving the market revenue. Electric hoist equipment is equipment that allows the worker to raise objects automatically without their need, which minimizes the risk of musculoskeletal disorders (MSDs) such as back discomfort, strains, and sprains. They make the workplace safer and better for workers by taking the hard labor out of lifting heavy things. This makes workers less stressed and exhausted. Operators may also stay awake and learn more easily because the handles can be adjusted, the controls are simple, and they can use a remote or joystick. Quiet and compact versions are especially useful in busy or sensitive places because they make things more comfortable and easier to reach.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 2.5 Billion |
| Projected Market Size in 2034 | USD 4.2 Billion |
| Market Size in 2024 | USD 2.4 Billion |
| CAGR Growth Rate | 5.7% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Type, Application, Industry Vertical and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Electric Hoist report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- The updated report for 2025 includes an introduction, an overview, and an in-depth industry analysis.
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Electric Hoist report has been modified to include the COVID-19 impact study prior to delivery.)
Request a Customized Copy of the Electric Hoist Market Report @ https://www.custommarketinsights.com/report/electric-hoist-market/
SWOT Analysis
- Strengths: The core strength is the automation and efficiency offered by electric hoist. They significantly improve efficiency, safety, and material handling as compared to their alternative. This makes the equipment critical for various industries such as construction, manufacturing, logistics, and warehousing.
- Weakness: Even though smart, automated electric hoists have big long-term benefits for businesses, the high cost of buying and installing them may stop small and medium-sized firms from getting them. Thus, the high initial investment is a major weakness for the market.
- Opportunities: Rapid urbanization and industrialization in developing economies such as India and China offer a lucrative opportunity for industry growth.
- Threats: The fast pace of technology progress (such as AI-based load management and collaborative robotics) could make older hoist models less enticing; thus, companies need to keep making new products to stay ahead of the competition.
Request a Customized Copy of the Electric Hoist Market Report @ https://www.custommarketinsights.com/report/electric-hoist-market/
Key questions answered in this report:
- What is the size of the Electric Hoist market, and what is its expected growth rate?
- What are the primary driving factors that push the Electric Hoist market forward?
- What are the Electric Hoist Industry's top companies?
- What are the different categories that the Electric Hoist Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Electric Hoist market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2025−2034
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Buy this Premium Electric Hoist Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/electric-hoist-market/
Regional Analysis
The regional market is divided into North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: North America is expected to dominate the electric hoist market. The market expansion in the region is due to infrastructure and construction investments. For instance, a secondary source predicts that the United States construction industry will reach an estimated $2.15 trillion in total spending by 2025. Additionally, OSHA’s stringent workplace safety rules require improved lifting equipment, driving electrification, and smart hoist adoption across industries.
- Europe: Holds a significant share of the market. To help modernize industry, Europe is developing smart electric hoists that use the Internet of Things (IoT) to monitor them in real time, forecast when they need maintenance, and save energy. In addition, major countries like Belgium, Switzerland, Sweden, Norway, Denmark, Finland, Poland, and Russia help the regional market grow steadily. The manufacturing, shipbuilding, oil and gas, and construction industries are driving this growth.
- Asia-Pacific: The Asia Pacific region is expected to grow at the highest CAGR. The market growth in the region is ascribed to several factors, such as increasing construction and infrastructure development, increasing e-commerce, industrial automation, and growing emphasis on automation in several industries.
- LAMEA: The LAMEA area, which includes Latin America, the Middle East, and Africa, is growing significantly over the forecast period. The growing product launch and increasing spending on infrastructural development of the region.
Request a Customized Copy of the Electric Hoist Market Report @ https://www.custommarketinsights.com/report/electric-hoist-market/
We customize your report to align with your specific research requirements. Inquire with our sales team about customizing your report.)
Still Looking for More Information? Do you want data for inclusion in magazines, case studies, research papers, or media?
Email Directly Here with Detailed Information: support@custommarketinsights.com
Browse the full “Electric Hoist Market Size, Trends and Insights By Type (Chain, Wire), By Application (Commercial Recovery, Cranes, Workboat, Utility, Others), By Industry Vertical (Aerospace, Automotive & Transportation, Construction, Energy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034” Report at https://www.custommarketinsights.com/report/electric-hoist-market/
List of the prominent players in the Electric Hoist Market:
- Hitachi Industrial Equipment Systems
- Crosby Group
- Columbus McKinnon
- Demag Cranes and Components
- ABUS Cranes
- IMER International
- Ingersoll Rand
- JASO Industrial Cranes
- Kran Direkt
- Konecranes
- Brady & Morris Engineering
- Street Crane
- Tianjin Kunda Hoisting Equipment
- Verlinde
- Yale
- Others
Click Here to Access a Free Sample Report of the Global Electric Hoist Market @ https://www.custommarketinsights.com/report/electric-hoist-market/
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- The subscription-based option is offered.
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- A personalized market brief by the author.
Browse More Related Reports:
China Rare Earth Metals Market: China Rare Earth Metals Market Size, Trends and Insights By Type (Rare Earth Oxides, Rare Earth Metals, Rare Earth Alloys, Rare Earth Magnets), By Source (Mining, Recycling), By Application (Electronics, Renewable Energy (EVs, Wind Turbines), Aerospace & Defense, Healthcare, Manufacturing), By End User (OEMs (Original Equipment Manufacturers), Distributors, Research Institutions, End Consumers), and By Country - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Sewage Pump Market: Sewage Pump Market Size, Trends and Insights By Material (Cast Iron, Stainless Steel, Plastic, Composite Materials), By Application (Residential, Commercial, Industrial), By Power (Electric, Hydraulic, Solar), By Flow Rate (Low Flow Rate, Medium Flow Rate, High Flow Rate), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Natural and Manufactured Sand Market: Natural and Manufactured Sand Market Size, Trends and Insights By Product Type (Natural Sand, Manufactured Sand), By Source, River Sand (Crushed Rock, Pit Sand, Marine Sand), By Application (Concrete, Plaster, Asphalt, Others), By End-User (Residential Construction, Commercial Construction, Infrastructure (Roads, Bridges, Dams), Industrial Construction), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Main Automation Contractor (MAC) Market: Main Automation Contractor (MAC) Market Size, Trends and Insights By Type of Automation (Industrial Automation, Building Automation, Home Automation, Process Automation, IT Process Automation), By Industry Application (Manufacturing, Oil and Gas, Pharmaceuticals, Food and Beverage, Automotive, Utilities), By Scale of Operation (Small Scale Projects, Medium Scale Projects, Large Scale Projects), By Service Type (Consultation Services, Engineering Services, Implementation Services, Maintenance and Support Services, Training Services), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Floating Dry Docks Market: Floating Dry Docks Market Size, Trends and Insights By Type (Steel Floating Dry Docks, Concrete Floating Dry Docks, Composite Floating Dry Docks), By Application (Shipbuilding, Ship Repair, Maintenance Operations, Conversion Projects), By Size (Small Floating Dry Docks (Up to 1000 Tons), Medium Floating Dry Docks (1001 to 5000 Tons), Large Floating Dry Docks (Above 5000 Tons)), By Construction Method (Modular Construction, Traditional Construction, Pre-fabricated Construction), By End-user (Commercial Sector, Naval Sector, Leisure Marine), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Stainless Steel Scrap Market: Stainless Steel Scrap Market Size, Trends and Insights By Scrap Type (Austenitic 300 series, Ferritic 400 series, Martensitic, Others), By End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Machinery & Industrial Equipment, Consumer Goods, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Door Closer Market: Door Closer Market Size, Trends and Insights By Product (Mechanical, Electrical), By Pressure (Hydraulic, Pneumatic), By Operation (Overhead, Floor Spring, Integrated), By End-User (Residential, Commercial, Hospitality, Corporates, Healthcare, Government Facilities, Educational Institute), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
CNC Metal Cutting Machine Tools Market: CNC Metal Cutting Machine Tools Market Size, Trends and Insights By Type (Metal Cutting, Metal Forming), By Application (Automotive, General Machinery, Precision Engineering, Transport Machinery, Others), By Class (General, High End, Special), By Product (5- Axis, 4- Axis, 3-Axis, 2-Axis, Others), By Machine Type (Conventional, Machining Centre, Turning Centre, Mill-Turn, Other), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
The Electric Hoist Market is segmented as follows:
By Type
- Chain
- Wire
By Application
- Commercial Recovery
- Cranes
- Workboat
- Utility
- Others
By Industry Vertical
- Aerospace
- Automotive & Transportation
- Construction
- Energy
- Others
Click Here to Get a Free Sample Report of the Global Electric Hoist Market @ https://www.custommarketinsights.com/report/electric-hoist-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Electric Hoist Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Electric Hoist Market? What are the company profiles, product information, and contact details for these key players?
- What Was the Global Market Status of the Electric Hoist Market? What Was the Capacity, Production Value, Cost, and PROFIT of the Electric Hoist Market?
- What Is the Current Market Status of the Electric Hoist Industry? What's the market's competition in this industry, both company-wise and country-wise? What is the market analysis of the electric hoist industry, considering its applications and types?
- What Are Projections of the Global Electric Hoist Industry Considering Capacity, Production, and Production Value? What will be the estimated cost and profit? What Will Be Market Share, Supply, and Consumption? What about imports and exports?
- What is a Electric Hoist market chain analysis of upstream raw materials and downstream industries?
- What is the economic impact on the Electric Hoist industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are the Market Dynamics of the Electric Hoist Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electric Hoist Industry?
Click Here to Access a Free Sample Report of the Global Electric Hoist Market @ https://www.custommarketinsights.com/report/electric-hoist-market/
Reasons to Purchase Electric Hoist Market Report
- The Electric Hoist Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Electric Hoist The Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Electric Hoist Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprise a company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- Recent developments, including growth opportunities and drivers, as well as challenges and restraints in both emerging and developed regions, shape the industry's current and future market outlook.
- Electric Hoist Market: Includes in-depth market analysis from various perspectives through Porter's five forces analysis and offers an overview of the market through the value chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Electric Hoist market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established leaders drive market growth.
Buy this Premium Electric Hoist Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/electric-hoist-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Electric Hoist market analysis.
- The report covers the competitive environment of current and potential participants in the Electric Hoist market, along with their strategic product development ambitions.
- This study conducts a qualitative and quantitative analysis of the Electric Hoist market based on the component, application, and industry vertical. Additionally, the report provides comparable data for the key regions.
- The report provides actual market sizes and forecasts for each segment mentioned above.
Who should buy this report?
- Participants and stakeholders worldwide Electric Hoist market should find this report useful. The research will be useful to all market participants in the Electric Hoist industry.
- Managers in the Electric Hoist sector are interested in publishing up-to-date and projected data about the worldwide Electric Hoist market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Electric Hoist products' market trends.
- Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop plans.
Request a Customized Copy of the Electric Hoist Market Report @ https://www.custommarketinsights.com/report/electric-hoist-market/
About Custom Market Insights:
Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.
CMI is a one-stop solution for data collection and investment advice. Our company's expert analysis digs out essential factors that help us understand the significance and impact of market dynamics. The professional experts advise clients on aspects such as strategies for future estimation, forecasting, opportunities to grow, and consumer surveys.
Follow Us: LinkedIn | Twitter | Facebook | YouTube
Contact Us:
Frank Gittens
CMI Consulting LLC
1333, 701 Tillery Street Unit 12,
Austin, TX, Travis, US, 78702
USA: +1 737-734-2707
APAC: +91 20 46022736
Email: support@custommarketinsights.com
Web: https://www.custommarketinsights.com/
Blog: https://businessresearchindustry.com
Blog: https://www.briinsights.com/
Blog: https://cmimarketresearch.com/
Buy this Premium Electric Hoist Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/electric-hoist-market/
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
