Industrial Lifting Equipment Market Size, Trends & Growth Opportunity By Type (Lifts, Pallet Trucks, Forklifts, Stackers, and Robotic Arms), By Mechanism (Magnetic, Electrical, Hydraulic, Pneumatic, and Scissor Lifts), By Nature of Installation (Overhead, Vehicle Mounted, and Fulcrum), By Application, By Region and Forecast till 2027
Market Overview
Global Industrial Lifting Equipment Market was valued at USD 69.23 billion in 2021 and expected to reach USD 93.62 billion by 2027 at a CAGR 4.97 %from 2022 -2027.
Heavy machinery and equipment must be lifted or moved from one location to another using industrial lifting equipment. Cranes, hoists, forklifts, stackers, hook-pulleys, and other industrial lifting equipment fall into these categories. They have a variety of uses in factories, buildings, fabrication shops, dockyards, warehouses, and other places. 
Market Drivers
The main factor driving the growth of the global industrial lifting equipment market is the rise in demand for lifting equipments as a result of increased warehousing and logistics industry usage. The expansion of industrialization activities will also increase demand for the product from the mining and construction sectors, which will benefit market expansion. Additionally, the shipping industry's growing need for lifting equipment is anticipated to fuel the expansion of the global market for industrial lifting equipment.
Market Restraints
The primary restraint on the growth of the global industrial lifting equipment market, however, is the high investment cost. Additionally, a shortage of skilled workers will hinder market expansion.
Market Segmentation
Global Industrial Lifting Equipment Market is segmented into type such as Lifts, Pallet Trucks, Forklifts, Stackers, and Robotic Arms, by mechanism such as Magnetic, Electrical, Hydraulic, Pneumatic, and Scissor Lifts, by nature of installation such as Overhead, Vehicle Mounted, and Fulcrum. Further, market is segmented into application such as Manufacturing industry, Shipping dockyards & warehouses, and Process Industry.
Also, Global Industrial Lifting Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. During the forecast period, the Asia Pacific region is anticipated to have the highest CAGR. This is primarily attributable to the fact that the global market for industrial lifting equipment has seen an increase in demand for lifting loads in the shipping sector, forklift sales in the warehouse and logistics sector, and crane and hoist sales in the mining sector.
Market Key Players
Various key players are discussed into this report such as Toyota Industries, Columbus Mckinnon, Manitowoc, Konecranes, Terex, Cargotec, Liebherr, Jungheinrich, Hyster-Yale Materials Handling, and Kion Group
Market Taxonomy
By Type
• Lifts
• Pallet Trucks
• Forklifts
• Stackers
• Robotic Arms
By Mechanism
• Magnetic
• Electrical
• Hydraulic
• Pneumatic
• Scissor Lifts
By Nature of Installation
• Overhead
• Vehicle Mounted
• Fulcrum
By Application
• Manufacturing industry,
• Shipping dockyards & warehouses
• Process Industry
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Global Industrial Lifting Equipment Market TOC 
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Lifting Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Lifting Equipment Market, By Type
5.1 Y-o-Y Growth Comparison, By Type 
5.2 Global Industrial Lifting Equipment Market Share Analysis, By Type 
5.3 Global Industrial Lifting Equipment Market Size and Forecast, By Type
5.3.1 Lifts
5.3.2 Pallet Trucks
5.3.3 Forklifts
5.3.4Stackers
5.3.5Robotic Arms
6 Global Industrial Lifting Equipment Market, By Mechanism
6.1 Y-o-Y Growth Comparison, By Mechanism
6.2 Global Industrial Lifting Equipment Market Share Analysis, By Mechanism
6.3 Global Industrial Lifting Equipment Market Size and Forecast, By Mechanism
6.3.1Magnetic
6.3.2 Electrical
6.3.3 Hydraulic
6.3.4Pneumatic
6.3.5Scissor Lifts
7 Global Industrial Lifting Equipment Market, By Nature of Installation
7.1 Y-o-Y Growth Comparison, By Nature of Installation
7.2 Global Industrial Lifting Equipment Market Share Analysis, By Nature of Installation
7.3 Global Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
7.3.1 Overhead
7.3.2 Vehicle Mounted
73.3. Fulcrum
8 Global Industrial Lifting Equipment Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Industrial Lifting Equipment Market Share Analysis, By Application
8.3 Global Industrial Lifting Equipment Market Size and Forecast, By Application
8.3.1 Manufacturing Industry
8.3.2 Shipping, Dockyards, & warehouses
8.3.3Process Industry
9Global Industrial Lifting Equipment Market, By Region
9.1 Global Industrial Lifting Equipment Market Share Analysis, By Region
9.2 Global Industrial Lifting Equipment Market Share Analysis, By Region
9.3 Global Industrial Lifting Equipment Market Size and Forecast, By Region
10 North America Industrial Lifting Equipment Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Industrial Lifting Equipment Market Share Analysis, By Type
10.3 North America Industrial Lifting Equipment Market Size and Forecast, By Mechanism
10.4 North America Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
10.5 North America Industrial Lifting Equipment Market Size and Forecast, By Application
10.6 North America Industrial Lifting Equipment Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Industrial Lifting Equipment Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Industrial Lifting Equipment Market Share Analysis, By Type 
11.3 Europe Industrial Lifting Equipment Market Size and Forecast, By Mechanism 
11.4 Europe Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
11.5 Europe Industrial Lifting Equipment Market Size and Forecast, By Application
11.6 Europe Industrial Lifting Equipment Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Industrial Lifting Equipment Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Industrial Lifting Equipment Market Share Analysis, By Type 
12.3 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Mechanism  
12.4 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
12.5 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Application
12.6 Asia Pacific Industrial Lifting Equipment Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Industrial Lifting Equipment Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Industrial Lifting Equipment Market Share Analysis, By Type 
13.3 Latin America Industrial Lifting Equipment Market Size and Forecast, By Mechanism 
13.4 Latin America Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
13.5 Latin America Industrial Lifting Equipment Market Size and Forecast, By Application
13.6 Latin America Industrial Lifting Equipment Market Size and Forecast, By Country
14Middle East Industrial Lifting Equipment Market Analysis and Forecast (2017 – 2027)
14.1 Introduction
14.2 Middle East Industrial Lifting Equipment Market Share Analysis, By Type 
14.3 Middle East Industrial Lifting Equipment Market Size and Forecast, By Mechanism 
14.4 Middle East Industrial Lifting Equipment Market Size and Forecast, By Nature of Installation
14.5 Middle East Industrial Lifting Equipment Market Size and Forecast, By Application
14.6 Middle East Industrial Lifting Equipment Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Toyota Industries
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Columbus Mckinnon
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Manitowoc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Konecranes, Terex
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Cargotec
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Liebherr
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Jungheinrich
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies 
16.8 Hyster-Yale Materials Handling
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies 
16.9 Kion Group
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies