| Product Code: ETC5191294 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Greece import trend for industrial lifting equipment experienced a significant decline with a growth rate of -40.33%, contrasting with the robust compound annual growth rate (CAGR) of 23.43% from 2020 to 2023. This sharp downturn in 2024 can be attributed to a sudden shift in market demand or potential changes in trade policies impacting the industry`s import momentum.
The Greece industrial lifting equipment market is expanding due to the increasing need for material handling and lifting solutions in manufacturing, construction, and logistics sectors. These devices, including cranes, hoists, and forklifts, are essential for moving heavy materials safely and efficiently. The market is benefiting from innovations that improve lifting capacity, safety features, and operational efficiency.
The industrial lifting equipment market in Greece is expanding due to increased demand in construction, logistics, and manufacturing sectors. The shift toward automated and electric lifting solutions is driven by safety and efficiency considerations.
The industrial lifting equipment market in Greece is faced with challenges related to limited local production of advanced lifting technologies and a reliance on imported equipment. While lifting equipment is critical across various sectors, including construction, logistics, and manufacturing, Greek companies struggle to meet the demand for sophisticated lifting systems. This is due to a lack of specialized production facilities and technical expertise, which increases the reliance on international suppliers. Additionally, the high cost of advanced lifting equipment, coupled with Greeces economic constraints, limits investment in these systems, creating a barrier to market growth.
In Greece, the industrial lifting equipment market is regulated to ensure that equipment used in heavy industries such as construction, logistics, and manufacturing complies with strict safety standards. The government enforces EU regulations that ensure lifting equipment is reliable and safe for use in various industrial settings. Policies also promote the adoption of advanced lifting technologies, such as automated cranes and hoists, to improve operational efficiency. There is a focus on reducing energy consumption and improving the environmental sustainability of lifting equipment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Greece Industrial Lifting Equipment Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Industrial Lifting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Industrial Lifting Equipment Market - Industry Life Cycle |
3.4 Greece Industrial Lifting Equipment Market - Porter's Five Forces |
3.5 Greece Industrial Lifting Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Greece Industrial Lifting Equipment Market Revenues & Volume Share, By Mechanism Involved, 2021 & 2031F |
3.7 Greece Industrial Lifting Equipment Market Revenues & Volume Share, By Nature Of Installation, 2021 & 2031F |
3.8 Greece Industrial Lifting Equipment Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
4 Greece Industrial Lifting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and manufacturing sectors in Greece |
4.2.2 Increasing focus on workplace safety regulations leading to higher demand for lifting equipment |
4.2.3 Expansion of construction and infrastructure projects driving the need for lifting equipment |
4.3 Market Restraints |
4.3.1 Economic instability and uncertainty impacting investment decisions in the industrial sector |
4.3.2 Competition from alternative lifting solutions and technologies |
4.3.3 High initial costs and maintenance expenses associated with industrial lifting equipment |
5 Greece Industrial Lifting Equipment Market Trends |
6 Greece Industrial Lifting Equipment Market Segmentations |
6.1 Greece Industrial Lifting Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Industrial Lifting Equipment Market Revenues & Volume, By Lifts, 2021-2031F |
6.1.3 Greece Industrial Lifting Equipment Market Revenues & Volume, By Fork Lifts, 2021-2031F |
6.1.4 Greece Industrial Lifting Equipment Market Revenues & Volume, By Hoists, 2021-2031F |
6.1.5 Greece Industrial Lifting Equipment Market Revenues & Volume, By Stackers, 2021-2031F |
6.1.6 Greece Industrial Lifting Equipment Market Revenues & Volume, By Pallet Trucks, 2021-2031F |
6.1.7 Greece Industrial Lifting Equipment Market Revenues & Volume, By Robotic Arms, 2021-2031F |
6.2 Greece Industrial Lifting Equipment Market, By Mechanism Involved |
6.2.1 Overview and Analysis |
6.2.2 Greece Industrial Lifting Equipment Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Greece Industrial Lifting Equipment Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Greece Industrial Lifting Equipment Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Greece Industrial Lifting Equipment Market Revenues & Volume, By Magnetic, 2021-2031F |
6.2.6 Greece Industrial Lifting Equipment Market Revenues & Volume, By Scissor Lifts , 2021-2031F |
6.3 Greece Industrial Lifting Equipment Market, By Nature Of Installation |
6.3.1 Overview and Analysis |
6.3.2 Greece Industrial Lifting Equipment Market Revenues & Volume, By Overhead, 2021-2031F |
6.3.3 Greece Industrial Lifting Equipment Market Revenues & Volume, By Fulcrum, 2021-2031F |
6.3.4 Greece Industrial Lifting Equipment Market Revenues & Volume, By Vehicle Mounted, 2021-2031F |
6.4 Greece Industrial Lifting Equipment Market, By Application Area |
6.4.1 Overview and Analysis |
6.4.2 Greece Industrial Lifting Equipment Market Revenues & Volume, By Manufacturing Industry, 2021-2031F |
6.4.3 Greece Industrial Lifting Equipment Market Revenues & Volume, By Process Industry, 2021-2031F |
6.4.4 Greece Industrial Lifting Equipment Market Revenues & Volume, By Shipping Dockyards, 2021-2031F |
6.4.5 Greece Industrial Lifting Equipment Market Revenues & Volume, By Warehouses, 2021-2031F |
7 Greece Industrial Lifting Equipment Market Import-Export Trade Statistics |
7.1 Greece Industrial Lifting Equipment Market Export to Major Countries |
7.2 Greece Industrial Lifting Equipment Market Imports from Major Countries |
8 Greece Industrial Lifting Equipment Market Key Performance Indicators |
8.1 Average utilization rate of industrial lifting equipment |
8.2 Number of workplace accidents or incidents related to lifting operations |
8.3 Percentage of companies in Greece compliant with safety regulations regarding lifting equipment |
8.4 Rate of adoption of advanced technologies in industrial lifting equipment |
8.5 Customer satisfaction scores related to the performance and reliability of lifting equipment |
9 Greece Industrial Lifting Equipment Market - Opportunity Assessment |
9.1 Greece Industrial Lifting Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Greece Industrial Lifting Equipment Market Opportunity Assessment, By Mechanism Involved, 2021 & 2031F |
9.3 Greece Industrial Lifting Equipment Market Opportunity Assessment, By Nature Of Installation, 2021 & 2031F |
9.4 Greece Industrial Lifting Equipment Market Opportunity Assessment, By Application Area, 2021 & 2031F |
10 Greece Industrial Lifting Equipment Market - Competitive Landscape |
10.1 Greece Industrial Lifting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Greece Industrial Lifting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |