Lifting Accessory Market size was valued at USD 5.6 Billion in 2024 and is forecasted to grow at a CAGR of 5.4% from 2026 to 2033, reaching USD 8.9 Billion by 2033.
In 2022, the global lifting accessory market was valued at approximately $1,566 million and is projected to reach around $2,321.2 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030. Regionally, North America and Europe are expected to dominate the market due to extensive infrastructure projects and stringent safety regulations. The Asia Pacific region is anticipated to exhibit significant growth, driven by rapid industrialization and increasing construction activities. Opportunities in the lifting accessory market are emerging from the growing emphasis on worker safety and the adoption of advanced lifting technologies. The integration of Internet of Things (IoT) and automation in lifting equipment enhances operational efficiency and safety, presenting lucrative prospects for market expansion. Additionally, the rising demand for customized lifting solutions tailored to specific industrial needs is expected to further propel market growth.
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The Crosby Group
Columbus McKinnon
Pewag Group
Van Beest
Wurth Group
William Hackett Lifting Products Ltd.
Peerless Industrial Group
Inc.
Toho-Rongkee
AUZAC Co. Ltd.
Campbell Chain
Gunnebo Industries
RUD Group
Thiele
Yoke Industrial Corp
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. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lifting Accessory Market
Straps
Belts
Lifting Hooks
Slings
Chains
Polyester
Nylon
Leather
Metal
Composite Materials
Industrial Lifting
Aeronautical Lifting
Construction
Marine Application
Warehousing and Distribution
Manufacturing
Automotive
Transportation
Retail
Aerospace
Lightweight (< 1 ton)
Medium Weight (1 - 5 tons)
Heavyweight (5 - 10 tons)
Ultra Heavyweight (> 10 tons)
US (United States, US 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)
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1. Introduction of the Global Lifting Accessory 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 Lifting Accessory Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lifting Accessory Market, By Type
6. Global Lifting Accessory Market, By Application
7. Global Lifting Accessory Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Lifting Accessory Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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