Pneumatic Chain Hoist Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
Looking forward from 2023 to 2033, the demand for pneumatic chain hoists is expected to surge due to various factors such as expanding industries, greater emphasis on lifting efficiency, and increasing automation in factories worldwide. Predictions for the next decade indicate that the market will witness a Compound Annual Growth Rate (CAGR) of approximately 6-7%, with regions like Asia-Pacific and North America leading the demand. The rise in e-commerce and logistics infrastructure development is expected to fuel the need for efficient, heavy-duty hoisting solutions for transporting goods and materials in warehouses and distribution centers. This increase in demand can also be attributed to the rise in renewable energy projects, such as wind farms and solar panel manufacturing, where lifting equipment is vital for the transportation and installation of large-scale components.
The global pneumatic chain hoist market will also be driven by advancements in hoist technology, including wireless control systems, improved energy efficiency, and the ability to handle a wider range of weights. The integration of IoT and smart systems into hoists will create an environment where hoists can be remotely monitored, providing better maintenance practices, predictive analytics, and real-time performance tracking. As safety standards continue to evolve, manufacturers are expected to incorporate more safety features, such as overload protection and better ergonomic designs, which will increase the overall appeal of pneumatic chain hoists across various industries.
Get an In-Depth Research Analysis of the Global Pneumatic Chain Hoist Market Size And Forecast [2025-2032]
The pneumatic chain hoist market from 2018 to 2022 has seen a steady and stable growth trajectory, driven primarily by the expanding manufacturing sector, increased industrialization, and the rise in demand for heavy-duty lifting equipment. From 2018 to 2022, the market for pneumatic chain hoists was largely influenced by key sectors such as construction, automotive, and material handling, where precise, durable, and high-performance lifting solutions are required. With increased focus on automation, safety, and operational efficiency, pneumatic chain hoists have become a critical tool in numerous industrial applications. Market statistics indicate a substantial growth in the demand for these hoists, with an average annual growth rate of around 5% between 2018 and 2022, driven by technological advancements in hoist design, improved materials, and enhanced safety features.
Carl Stahl GmbH
INGERSOLL RAND
J.D. Neuhaus
Manut-LM
PLANETA-Hebetechnik GmbH
Rami Yokota B.V.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Pneumatic Chain Hoist Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Pneumatic Chain Hoist Market
Food Industry
Auto Industry
Mechanical Industry
New Energy Industry
Other Industry
Based on Types the Market is categorized into Below types that held the largest Pneumatic Chain Hoist market share In 2023.
Large Load
Medium Load
Small Load
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Pneumatic Chain Hoist Market Research Analysis
1. Introduction of the Global Pneumatic Chain Hoist Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pneumatic Chain Hoist Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pneumatic Chain Hoist Market, By Type
6. Global Pneumatic Chain Hoist Market, By Application
7. Global Pneumatic Chain Hoist Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pneumatic Chain Hoist Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/