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COVID-19 Impact on Handling and Lifting Equipment Market, Global Research Reports 2020-2021

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In this report, the COVID-19 Impact on Handling and Lifting Equipment market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. COVID-19 Impact on Handling and Lifting Equipment market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-handling-and-lifting-equipment-market-global-research-reports-2020-2021

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Currently, cranes and lifting frames account for 18.1% of the global demand while the remaining market share is divided between work trucks (17.9%), continuous-action goods conveyors and elevators (10.7%), lifts and skip hoists (6.7%), capstans and winches (4.3%), hoists and jacks (4.3%), escalators and moving walkways (1.8%), pneumatic conveyors and elevators (1.1%), pulley tackle and hoists (0.8%), ski-lifts, chair-lifts and teleferiques (0.3%), other handling and lifting equipment (12.0%) and parts of handling and lifting equipment (21.9%).

The demand for handling and lifting equipment is on the rise due to rapid infrastructure development and increasing construction activities across the globe. Since handling and lifting equipment help to move materials between factories and warehouses, its demand among the end users in the manufacturing sector will increase significantly. Moreover, the ability of such equipment to bolster the efficiency of modern production processes will also lead to its increased adoption in sectors where the production processes are automated.

This report provides a complete quantitative data and qualitative analysis on the global market for Handling and Lifting Equipment. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.

Prior to COVID-19, the global market for Handling and Lifting Equipment was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Handling and Lifting Equipment is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.

This report covers market size and forecasts of Handling and Lifting Equipment, including the following market information:

Global Handling and Lifting Equipment Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Handling and Lifting Equipment Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Handling and Lifting Equipment Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Handling and Lifting Equipment Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)

Key market players

Major competitors identified in this market include Komatsu, Konecranes, Liebherr, American Crane and Equipment, Cargotec, Escorts Construction Equipment, Haulotte (Pinguely-Haulotte), Manitex International, Manitowoc Cranes, Sany Group, Shandong Dahan Construction Machinery, Tadano, etc.

Based on the Region:

Asia-Pacific (China, Japan, South Korea, India and ASEAN)

North America (US and Canada)

Europe (Germany, France, UK and Italy)

Rest of World (Latin America, Middle East & Africa)

Based on the Type:

Cranes

Forklifts

Conveyor Belt

Hoists

Based on the Application:

Dam Building

Bridge Building

Shipyards

Power Plants

High Rise Buildings

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-handling-and-lifting-equipment-market-global-research-reports-2020-2021

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This post was originally published on The Market Plan