Chain Pulley Block Market
Chain Pulley Block Market Study by Up to 3, 3 to 5, 5 to 15, 15 to 30, and Above 30 Tons for Manufacturing & Industrial, Construction, Automotive, Oil & Gas, Aerospace, and Mining from 2023 to 2033
Analysis of Chain Pulley Block Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
FREE CustomizationChain Pulley Block Market Outlook (2023 to 2033)
Fact.MR reveals that the global chain pulley block market reached a value of US$ 564.1 million in 2022. The market is projected to end up at US$ 1.1 billion by 2033, expanding at a CAGR of 6.3% over the next ten years (2023 to 2033). Revenue from chain pulley blocks with a capacity of above 30 tons is expected to rise even faster at a CAGR of 6.6% through 2033.
In terms of regions, East Asia is forecasted to lead in terms of revenue generation through 2033. Revenue from chain pulley blocks stood at US$ 168.4 million in 2022 and reached US$ 177.6 million in 2023. The East Asia market is projected to climb to US$ 298.5 million by 2033-end.
Global material handling equipment sales volume reached 2.3 million in 2023 with Asian countries estimated to contribute 51% to the market. East Asian countries have made significant investments in the construction of transportation systems, skyscrapers, and energy projects.
China's spending on infrastructure development increased by 4.9% in 2021 as opposed to a 2.9% rise the year before. With a share of 12.3% of the GDP accounted for by the construction sector in 2023, Japan is also heavily investing in this sector. These projects require substantial use of material handling equipment to transport heavy construction materials and equipment.
| Attributes | Details |
|---|---|
| Chain Pulley Block Market Size (2022A) | US$ 564.1 Million |
| Estimated Market Value (2023E) | US$ 597.2 Million |
| Forecasted Market Value (2033F) | US$ 1.1 Billion |
| Global Market Growth Rate (2023 to 2033) | 6.3% CAGR |
| United States Market Growth Rate (2023 to 2033) | 5.2% CAGR |
| Above 30 Ton Capacity Chain Pulley Block Segment Growth Rate (2023 to 2033) | 6.6% CAGR |
| China Market Growth Rate (2023 to 2033) | 4.9% CAGR |
| Up to 3m Standard Lift Segment Growth Rate (2023 to 2033) | 5.8% CAGR |
| Leading Regional Market | East Asia |
| Key Companies Covered | KITO Crosby Corporation; Columbus McKinnon Corporation; Ingersoll Rand; Konecranes; Tianjin Kunda Hoisting Equipment Co., Ltd; JPW Industries Inc.; Verlinde; PLANETA-Hebetechnik GmbH; Tiger Lifting; VITALI International Lifting Equipment Ltd.; Elephant Lifting Equipment; Cheng Day Machinery Works Co., Ltd.; Chongqing Kinglong; Foshan Tongyida Equipment Manufacturing Co., Ltd.; Vulcan Hoist Co. Ltd. |
Which Key Drivers are Influencing the Demand for Chain Pulley Blocks?
“High Demand for Chain Pulley Blocks Due to Their Cost Effectiveness”
The chain pulley block market is influenced by a variety of factors that collectively drive its growth and evolution. One of the primary drivers is the continuous expansion of industries such as manufacturing, construction, and logistics, which rely heavily on material handling and load lifting equipment. Chain pulley blocks play a pivotal role in these sectors, enabling the efficient movement of heavy loads, thus contributing to increased productivity and reduced manual labor.
The cost-effectiveness of chain pulley blocks is a significant market driver that has been instrumental in their widespread adoption across various industries. Compared to other overhead lifting equipment such as cranes or forklifts, chain pulley blocks are relatively inexpensive to purchase and maintain. This cost advantage makes them an attractive option for businesses, especially small- and medium-sized enterprises (SMEs) with budget constraints. Whether it is a construction site, a manufacturing facility, or a warehouse, businesses can acquire chain pulley blocks without breaking the bank, allowing them to allocate resources to other essential aspects of their operations.
Rising expenditure on construction equipment is playing a pivotal role in fueling the adoption of chain pulley blocks as hoisting systems in the construction industry. Construction projects, whether large-scale infrastructure developments or smaller building ventures rely heavily on various types of equipment for material handling and lifting tasks. Chain pulley blocks have emerged as indispensable tools in this context, offering a cost-effective and versatile solution to address the evolving demands of the construction sector.
The global construction equipment market is worth over US$ 157 billion in 2023, a significant growth from previous years' market value of US$ 148 billion. This rising expenditure on construction equipment significantly denotes the shift of the construction industry toward material handling equipment creating a favorable environment for the adoption of chain pulley blocks as a cost-effective solution to handle heavy loads on construction sites.
Rental services have become a popular choice for businesses across various industries due to the flexibility, cost-effectiveness, and convenience they provide. The construction equipment rental market is estimated to be worth US$ 147 billion in 2023, which has grown from US$ 118.1 billion in 2021.
To leverage the opportunities of the growing rental market, chain pulley block manufacturing companies such as Vulcan Hoist are providing their products for long-term as well as short-term projects. This strategy helps companies target a wide range of end-users who would not want to invest in chain pulley blocks or require them for temporary use.
Country-wise Analysis
| Country | CAGR (2023 to 2033) |
|---|---|
| United States | 5.2% |
| China | 4.9% |
Why are Chain Pulley Block Manufacturers Interested in the United States?
“Stringent Workplace Safety Regulations and Rapid Expansion of Warehouse Spaces”
By the end of 2033, the market in the United States is forecasted to reach US$ 207.1 million, generating an absolute dollar opportunity of US$ 88.1 million. Demand for chain pulley blocks in the United States dropped at a CAGR of −1.3% from 2018 to 2022 but is projected to rise at a CAGR of 5.2% from 2023 to 2033.
- The Occupational Safety and Health Administration (OSHA) is a federal agency within the United States Department of Labor. OSHA's regulations and enforcement efforts create a strong incentive for businesses in the United States to prioritize safety in the workplace. The agency's emphasis on safety compliance, accident prevention, training, and inspections encourages the use of equipment such as chain pulley blocks that contribute to a safer and more compliant work environment, making them a vital component of workplace safety programs.
Warehouses are hubs for the storage and distribution of goods. As the warehousing space expands to accommodate a growing volume of products, there is a greater need for material handling equipment like chain pulley blocks to move heavy items efficiently and safely within these facilities.
- For instance, total warehousing space in the United States reached approximately 15.5 billion square feet in 2020, a substantial increase from previous years.
As warehousing spaces expand to accommodate the surge in online sales, demand for material handling equipment like chain pulley blocks continues to grow.
Why is India a Lucrative Market for Chain Pulley Block Manufacturers?
“Constant Expansion of Construction Industry and Increasing Investments in Infrastructure Development”
The chain pulley block market in India is expected to expand to be worth US$ 56.2 million by 2033-end, with an absolute dollar growth of US$ 27.8 million over the next decade. Sales of chain pulley blocks in India rose at a CAGR of 2.8% from 2018 to 2022 and are expected to advance at 6.5% from 2023 to 2033.
With more than 91.7 thousand units sold in 2021, sales of construction equipment have grown substantially in the country. This is due to the country’s thriving building industry and quick investments in infrastructure development.
- According to Invest India, the country has boosted its spending in infrastructure development under the budget for 2023–24 by 33%, bringing it to US$ 122 billion, or 3.3% of the country's GDP.
The market for lifting hooks and equipment is anticipated to progress significantly as these industries continue to experience strong growth in the country. Apart from having attractive end-use industries for chain pulley blocks, India also has several market players such as SAFEX Industries, RMS Industries, and Jayco Hoist & Cranes Mfg. Co., which contributes significantly to the widespread adoption of chain pullet blocks.
How are Sales of Chain Pulley Blocks Progressing in China?
“High Sales of Chain Pulley Blocks Driven by Cost-competitive Manufacturing Sector”
Sales of chain pulley blocks in China are expected to increase to US$ 240 million by 2033, with an absolute dollar opportunity of US$ 98.9 million through 2033. The market in China advanced at a CAGR of 1.3% from 2018 to 2022 and is projected to expand at a CAGR of 4.9% through 2033.
China's manufacturing sector is known for its cost competitiveness. The abundance of manufacturers in the country such as Tianjin Kunda Hoisting Equipment, VITALI International Lifting Equipment, and Foshan Tongyida Equipment Manufacturing results in competitive pricing for chain pulley blocks. This cost advantage attracts buyers from around the world who seek affordable but quality lifting equipment.
China has also positioned itself as the global industrial hub, dominating several sectors. The manufacturing sector includes a wide range of industries, including textiles, heavy machinery, electronics, and automotive. For instance, manufacturing output in China grew 1.36% in 2022 from 2021, reaching a valuation of US$ 4.9 trillion, or 27.7% of the country’s GDP. In particular, output in the high-tech manufacturing sector increased by 7.4% at the end of 2022.
For the lifting, transportation, and positioning of large components and materials during the manufacturing process, the abovementioned sectors need effective material handling systems.
What are the Demand Projections for Chain Pulley Blocks in Germany?
“Increased Adoption of Construction Equipment Rental”
Revenue from sales of chain pulley blocks is projected to reach US$ 47.6 million by 2033-end, with an absolute dollar growth of US$ 21.1 million from 2023 to 2033. Demand for chain pulley blocks dropped at a CAGR of −0.5% from 2018 to 2022, but this demand is forecasted to increase at a CAGR of 5.6% from 2023 to 2033.
In Germany, adoption of construction equipment rental is on the rise as reflected in the market value jump from US$ 5.8 billion in 2021 to US$ 6.6 billion in 2023. This represents significant opportunities for the growth of rental chain pulley blocks for temporary construction projects, which is expected to influence market growth.
In contemporary logistics and storage operations, productivity and efficiency are crucial. In this way, chain pulley blocks provide a considerable advantage. Processes for material handling are made more efficient by their accurate load control, simplicity of use, and cost-effectiveness. This translates into lower costs and quicker turnaround times, which are goals shared by logistics firms.
In Germany, the estimated storage and logistics space in 2022 stood at 8.58 million square meters, marking a 19% increase compared to the five-year average. During the projection period, substantial demand from the construction, warehousing, and logistics industries presents manufacturers with various prospects.
Category-wise Insights
| Segment | CAGR (2023 to 2033) |
|---|---|
| Up to 3m Standard Height | 5.8% |
| Manufacturing and Industrial End-use Industry | 5.7% |
Which Industry Accounts for High Adoption of Chain Pulley Blocks?
“Extensive Use of Chain Pulley Blocks in Manufacturing for Lifting and Moving Heavy Loads”
The manufacturing and industrial segment advanced at a CAGR of 0.5% from 2018 to 2022 but is expected to expand rapidly at a CAGR of 5.7% from 2023 to 2033.
Manufacturing and industrial facilities often require extensive material handling operations. Chain pulley blocks are essential tools for lifting, positioning, and moving heavy loads within these environments. This includes tasks such as hoisting machinery components, transporting raw materials, or positioning workpieces for processing. The manufacturing industry worldwide registered a 3.8% year-on-year growth in 2022.
Why are Chain Pulley Blocks with a Standard Lift of Up to 3 m in Higher Demand?
“Preference for 3m Chain Pulley Blocks for Their Safety, Efficiency, and Cost-effectiveness”
Demand for chain pulley blocks with a 3 m lift rose at an extremely sluggish CAGR of 0.6% from 2018 to 2022 but is projected to advance at a CAGR of 5.8% from 2023 to 2033.
Many lifting tasks in industries such as construction, manufacturing, and warehousing involve relatively short lifting distances. In such cases, a 3-meter standard lift chain pulley block provides sufficient lifting height without the need for excessive slack in the chain, which can be a safety concern. For higher lifting heights, end-use industries mostly opt lifting accessories such as electric hoists or pneumatic hoists as they require less human effort and are safer options than chain pulley blocks.
For small businesses, cost can be an essential factor in purchasing decisions for hoisting equipment, and the cost-effectiveness of 3m standard lift chain pulley blocks for material handling has contributed to their widespread adoption.
Competitive Analysis
Leading players in the chain pulley block market are Ingersoll Rand, Columbus McKinnon Corporation, Tianjin Kunda Hoisting Equipment Co., Ltd, Konecranes, Kito Crosby Corporation, JPW Industries Inc., Verlinde, PLANETA-Hebetechnik GmbH, Tiger Lifting, Vital Chain Block and Elephant Lifting Equipment, Cheng Day Machinery Works Co., Ltd., Chongqing Kinglong, Foshan Tongyida Equipment Manufacturing Co., Ltd., Vulcan Hoist Co. Ltd.
- In June 2023, Konecranes acquired Munck Crane’s Norwegian industrial crane service business to expand its offerings to Nordic countries. This acquisition creates significant opportunities for Konecranes to expand their business and customer base.
- In April 2023, Verlinde launched the smartphone application ExpertCare 4.0 to enable the remote display of the information from the floor level of the MT4 electronic motoring module of its overhead-mounted wire rope hoists EUROBLOC VT.
- In June 2020, Vulcan Hoist launched a new series of mini hoists called XT chain block. These compact chain blocks have a capacity of ½ ton and ¼ ton and come with 2 years of warranty.
- In May 2019, JPW Industries announced the acquisition of Baileigh Industrial, a metalworking and woodworking products manufacturer with a presence across the United States and Europe. This acquisition broadens the product offerings of JPW Industries with the addition of woodworking tools and equipment.
Segmentation of Chain Pulley Block Market Research
-
By Capacity :
- Up to 3 Tons
- 3 to 5 Tons
- 5 to 15 Tons
- 15 to 30 Tons
- Above 30 Tons
-
By Standard Lift :
- Up to 3m
- 3m to 6m
- 6m to 9m
- Above 9m
-
By End-use Industry :
- Manufacturing & Industrial
- Construction
- Automotive
- Oil & Gas
- Aerospace
- Mining
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Middle East & Africa
- Oceania
Table of Content
- 1. Global Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Market Dynamics
- 5. Pricing Analysis
- 6. Global Market Value (US$ Mn) and Volume (Th Units) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Capacity
- 7.1. Up to 3 Ton
- 7.2. 3 to 5 Ton
- 7.3. 5 to 15 Ton
- 7.4. 15 to 30 Ton
- 7.5. Above 30 Ton
- 8. Global Market Analysis and Forecast, By Standard Lift
- 8.1. Up to 3m
- 8.2. 3m to 6m
- 8.3. 6m to 9m
- 8.4. Above 9m
- 9. Global Market Analysis and Forecast, By End-use Industry
- 9.1. Manufacturing and Industrial
- 9.2. Construction
- 9.3. Automotive
- 9.4. Oil and Gas
- 9.5. Aerospace
- 9.6. Mining
- 9.7. Others
- 10. Globa Market Analysis and Forecast, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & ASEAN
- 10.6. Middle East & Africa
- 10.7. Oceania
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia and ASEAN Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Oceania Market Analysis and Forecast
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Overview
- 20.2. KITO Crosby Corporation
- 20.3. Ingersoll Rand
- 20.4. Konecranes
- 20.5. Tianjing Kunda Hoisting Equipment Co., Ltd
- 20.6. JPW Industries Inc.
- 20.7. Verlinde
- 20.8. PLANETA-Hebetechnik GmbH
- 20.9. Tiger Lifting
- 20.10. Elephant Lifting Equipment
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
List Of Table
Table 01: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 02: Global Market Volume (Thousand Units) Forecast by Region, 2018 to 2033
Table 03: Global Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 04: Global Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 05: Global Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 06: Global Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 07: Global Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 08: Global Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 09: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 12: North America Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 14: North America Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 16: North America Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 20: Latin America Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 22: Latin America Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 24: Latin America Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 28: Europe Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 30: Europe Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 32: Europe Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 33: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: East Asia Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 35: East Asia Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 36: East Asia Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 37: East Asia Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 38: East Asia Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 39: East Asia Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 40: East Asia Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 41: South Asia and ASEAN Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: South Asia and ASEAN Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 43: South Asia and ASEAN Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 44: South Asia and ASEAN Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 45: South Asia and ASEAN Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 46: South Asia and ASEAN Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 47: South Asia and ASEAN Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 48: South Asia and ASEAN Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 49: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 50: Middle East and Africa Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 51: Middle East and Africa Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 52: Middle East and Africa Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 53: Middle East and Africa Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 54: Middle East and Africa Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 55: Middle East and Africa Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 56: Middle East and Africa Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
Table 57: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 58: Oceania Market Volume (Thousand Units) Forecast by Country, 2018 to 2033
Table 59: Oceania Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 60: Oceania Market Volume (Thousand Units) Forecast by Capacity, 2018 to 2033
Table 61: Oceania Market Value (US$ Million) Forecast by Standard Lift, 2018 to 2033
Table 62: Oceania Market Volume (Thousand Units) Forecast by Standard Lift, 2018 to 2033
Table 63: Oceania Market Value (US$ Million) Forecast by End-use Industry, 2018 to 2033
Table 64: Oceania Market Volume (Thousand Units) Forecast by End-use Industry, 2018 to 2033
List Of Figures
Figure 01: Global Market Value (US$ Mn), Volume (Th Units) Analysis, 2018, 2023 and 2033
Figure 02: Global Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 03: Global Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 04: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 05: Global Market Incremental $ Opportunity, 2022 to 2033
Figure 06: Global Market Share Analysis By Capacity - 2023 & 2033
Figure 07: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 08: Global Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 09: Global Market Share Analysis By Standard Lift - 2023 & 2033
Figure 10: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 11: Global Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 12: Global Market Share Analysis By End-use Industry- 2023 & 2023
Figure 13: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 14: Global Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 15: Global Market Share Analysis By Region - 2023 & 2023
Figure 16: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 17: Global Market Attractiveness Analysis By Region, 2023 to 2033
Figure 18: North America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 19: North America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 20: North America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 21: North America Market Incremental $ Opportunity, 2022 to 2033
Figure 22: North America Market Share by Country– 2023 & 2033
Figure 23: North America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: North America Market Share Analysis By Capacity - 2023 & 2033
Figure 26: North America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 28: North America Market Share Analysis By Standard Lift - 2023 & 2033
Figure 29: North America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 30: North America Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 31: North America Market Share Analysis By End-use Industry- 2023 & 2023
Figure 32: North America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 33: North America Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 34: Latin America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 35: Latin America Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 36: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 37: Latin America Market Incremental $ Opportunity, 2022 to 2033
Figure 38: Latin America Market Share by Country– 2023 & 2033
Figure 39: Latin America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 40: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: Latin America Market Share Analysis By Capacity - 2023 & 2033
Figure 42: Latin America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 43: Latin America Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 44: Latin America Market Share Analysis By Standard Lift - 2023 & 2033
Figure 45: Latin America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 46: Latin America Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 47: Latin America Market Share Analysis By End-use Industry- 2023 & 2023
Figure 48: Latin America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 49: Latin America Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 50: Europe Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 51: Europe Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 52: Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 53: Europe Market Incremental $ Opportunity, 2022 to 2033
Figure 54: Europe Market Share by Country– 2023 & 2033
Figure 55: Europe Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 56: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Europe Market Share Analysis By Capacity - 2023 & 2033
Figure 58: Europe Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 59: Europe Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 60: Europe Market Share Analysis By Standard Lift - 2023 & 2033
Figure 61: Europe Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 62: Europe Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 63: Europe Market Share Analysis By End-use Industry- 2023 & 2023
Figure 64: Europe Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 65: Europe Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 66: East Asia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 67: East Asia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 69: East Asia Market Incremental $ Opportunity, 2022 to 2033
Figure 70: East Asia Market Share by Country– 2023 & 2033
Figure 71: East Asia Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 72: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: East Asia Market Share Analysis By Capacity - 2023 & 2033
Figure 74: East Asia Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 75: East Asia Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 76: East Asia Market Share Analysis By Standard Lift - 2023 & 2033
Figure 77: East Asia Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 78: East Asia Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 79: East Asia Market Share Analysis By End-use Industry- 2023 & 2023
Figure 80: East Asia Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 81: East Asia Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 82: South Asia and ASEAN Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 83: South Asia and ASEAN Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 84: South Asia and ASEAN Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 85: South Asia and ASEAN Market Incremental $ Opportunity, 2022 to 2033
Figure 86: South Asia and ASEAN Market Share by Country– 2023 & 2033
Figure 87: South Asia and ASEAN Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 88: South Asia and ASEAN Market Attractiveness Analysis by Country, 2023 to 2033
Figure 89: South Asia and ASEAN Market Share Analysis By Capacity - 2023 & 2033
Figure 90: South Asia and ASEAN Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 91: South Asia and ASEAN Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 92: South Asia and ASEAN Market Share Analysis By Standard Lift - 2023 & 2033
Figure 93: South Asia and ASEAN Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 94: South Asia and ASEAN Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 95: South Asia and ASEAN Market Share Analysis By End-use Industry- 2023 & 2023
Figure 96: South Asia and ASEAN Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 97: South Asia and ASEAN Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 98: Middle East and Africa Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 99: Middle East and Africa Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 100: Middle East and Africa Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 101: Middle East and Africa Market Incremental $ Opportunity, 2022 to 2033
Figure 102: Middle East and Africa Market Share by Country– 2023 & 2033
Figure 103: Middle East and Africa Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 104: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 105: Middle East and Africa Market Share Analysis By Capacity - 2023 & 2033
Figure 106: Middle East and Africa Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 107: Middle East and Africa Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 108: Middle East and Africa Market Share Analysis By Standard Lift - 2023 & 2033
Figure 109: Middle East and Africa Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 110: Middle East and Africa Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 111: Middle East and Africa Market Share Analysis By End-use Industry- 2023 & 2023
Figure 112: Middle East and Africa Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 113: Middle East and Africa Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 114: Oceania Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2022
Figure 115: Oceania Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2023 to 2033
Figure 116: Oceania Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 117: Oceania Market Incremental $ Opportunity, 2022 to 2033
Figure 118: Oceania Market Share by Country– 2023 & 2033
Figure 119: Oceania Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 120: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 121: Oceania Market Share Analysis By Capacity - 2023 & 2033
Figure 122: Oceania Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 123: Oceania Market Attractiveness Analysis By Capacity, 2023 to 2023
Figure 124: Oceania Market Share Analysis By Standard Lift - 2023 & 2033
Figure 125: Oceania Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 126: Oceania Market Attractiveness Analysis By Standard Lift, 2023 to 2023
Figure 127: Oceania Market Share Analysis By End-use Industry- 2023 & 2023
Figure 128: Oceania Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 129: Oceania Market Attractiveness Analysis By End-use Industry, 2023 to 2033
Figure 130: United States Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 131: United States Market Value, By Capacity, 2023 & 2033
Figure 132: United States Market Incremental $ Opportunity, 2023 to 2033
Figure 133: Canada Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 134: Canada Market Value, By Capacity, 2023 & 2033
Figure 135: Canada Market Incremental $ Opportunity, 2023 to 2033
Figure 136: Mexico Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 137: Mexico Market Value, By Capacity, 2023 & 2033
Figure 138: Mexico Market Incremental $ Opportunity, 2023 to 2033
Figure 139: Brazil Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 140: Brazil Market Value, By Capacity, 2023 & 2033
Figure 141: Brazil Market Incremental $ Opportunity, 2023 to 2033
Figure 142: Chile Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 143: Chile Market Value, By Capacity, 2023 & 2033
Figure 144: Chile Market Incremental $ Opportunity, 2023 to 2033
Figure 145: Argentina Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 146: Argentina Market Value, By Capacity, 2023 & 2033
Figure 147: Argentina Market Incremental $ Opportunity, 2023 to 2033
Figure 148: Germany Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 149: Germany Market Value, By Capacity, 2023 & 2033
Figure 150: Germany Market Incremental $ Opportunity, 2023 to 2033
Figure 151: France Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 152: France Market Value, By Capacity, 2023 & 2033
Figure 153: France Market Incremental $ Opportunity, 2023 to 2033
Figure 154: Italy Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 155: Italy Market Value, By Capacity, 2023 & 2033
Figure 156: Italy Market Incremental $ Opportunity, 2023 to 2033
Figure 157: Spain Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 158: Spain Market Value, By Capacity, 2023 & 2033
Figure 159: Spain Market Incremental $ Opportunity, 2023 to 2033
Figure 160: United Kingdom Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 161: United Kingdom Market Value, By Capacity, 2023 & 2033
Figure 162: United Kingdom Market Incremental $ Opportunity, 2023 to 2033
Figure 163: China Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 164: China Market Value, By Capacity, 2023 & 2033
Figure 165: China Market Incremental $ Opportunity, 2023 to 2033
Figure 166: Japan Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 167: Japan Market Value, By Capacity, 2023 & 2033
Figure 168: Japan Market Incremental $ Opportunity, 2023 to 2033
Figure 169: South Korea Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 170: South Korea Market Value, By Capacity, 2023 & 2033
Figure 171: South Korea Market Incremental $ Opportunity, 2023 to 2033
Figure 172: India Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 173: India Market Value, By Capacity, 2023 & 2033
Figure 174: India Market Incremental $ Opportunity, 2023 to 2033
Figure 175: Thailand Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 176: Thailand Market Value, By Capacity, 2023 & 2033
Figure 177: Thailand Market Incremental $ Opportunity, 2023 to 2033
Figure 178: Indonesia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 179: Indonesia Market Value, By Capacity, 2023 & 2033
Figure 180: Indonesia Market Incremental $ Opportunity, 2023 to 2033
Figure 181: Malaysia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 182: Malaysia Market Value, By Capacity, 2023 & 2033
Figure 183: Malaysia Market Incremental $ Opportunity, 2023 to 2033
Figure 184: Saudi Arabia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 185: Saudi Arabia Market Value, By Capacity, 2023 & 2033
Figure 186: Saudi Arabia Market Incremental $ Opportunity, 2023 to 2033
Figure 187: UAE Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 188: UAE Market Value, By Capacity, 2023 & 2033
Figure 189: UAE Market Incremental $ Opportunity, 2023 to 2033
Figure 190: Turkiye Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 191: Turkiye Market Value, By Capacity, 2023 & 2033
Figure 192: Türkiye Market Incremental $ Opportunity, 2023 to 2033
Figure 193: South Africa Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 194: South Africa Market Value, By Capacity, 2023 & 2033
Figure 195: South Africa Market Incremental $ Opportunity, 2023 to 2033
Figure 196: Australia Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 197: Australia Market Value, By Capacity, 2023 & 2033
Figure 198: Australia Market Incremental $ Opportunity, 2023 to 2033
Figure 199: New Zealand Market Value (US$ Mn), Volume (Th Units) Forecast and Analysis, 2018 to 2033
Figure 200: New Zealand Market Value, By Capacity, 2023 & 2033
Figure 201: New Zealand Market Incremental $ Opportunity, 2023 to 2033
- FAQs -
At what rate did the chain pulley block market grow from 2018 to 2022?
The global chain pulley block market registered a CAGR of 0.8% from 2018 to 2022.
What is the estimated valuation of chain pulley block sales for 2023?
Sales of chain pulley blocks are estimated at US$ 597.2 million in 2023.
What valuation is the market estimated to reach by 2033?
The market for chain pulley blocks is forecasted to reach US$ 1.1 billion by 2033.
What is the projected growth rate for the market?
Revenue from chain pulley block sales is projected to rise at a CAGR of 6.3% from 2023 to 2033.
Which capacity-based segment is forecasted to grow significantly?
Sales of chain pulley blocks with a capacity of above 30 tons are projected to advance at a CAGR of 6.6% through 2033.
At what rate are the sales of 3m standard lift chain pulley blocks expected to grow?
Sales of 3m standard lift chain pulley blocks are projected to rise at a CAGR of 5.8% over the next ten years.
What is the projected valuation of the United States market for 2033?
The United States market is projected to reach US$ 207.1 million by the end of 2033.
Who are the key manufacturers of chain pulley blocks?
Leading players in the market are Ingersoll Rand, Columbus McKinnon Corporation, JPW Industries, and Verlinde.
Chain Pulley Block Market