The manufacturing industries have witnessed high growth since the second industrial revolution. Industries are continuously emphasizing their ‘all under one roof’ policy while enhancing production capacity. These industrial lifting equipment are ideal for warehousing operations, recycling operations and dockyards to perform numerous functions.
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Lifts, Pallet Trucks, Forklifts, Hoists, Stackers, Robotic Arms), Mechanism (Electrical, Magnetic, Hydraulic, Pneumatic, Scissor Lifts), Application (Construction, Shipping Dockyards and Warehouses, Manufacturing Industry, Process Industry) – Industry Trends and Forecast to 2032.
.
The Global Industrial Lifting Equipment Market size was valued at USD 85.21 USD Billion in 2024.
The Global Industrial Lifting Equipment Market is projected to grow at a CAGR of 4.8% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)..
