| Product Code: ETC5910146 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Hong Kong crane and hoist import market experienced a shift in concentration levels from high to moderate in 2024, reflecting a more balanced distribution among key exporting countries. Japan, Germany, China, USA, and Taiwan, Province of China emerged as the top exporters in 2024. The industry demonstrated steady growth with a CAGR of 2.83% from 2020 to 2024, and a notable growth rate of 11.92% from 2023 to 2024. This positive trajectory indicates a resilient market with increasing diversification and potential opportunities for further expansion in the coming years.
hoist market
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 Hong Kong Crane , Hoist Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Crane , Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Crane , Hoist Market - Industry Life Cycle |
3.4 Hong Kong Crane , Hoist Market - Porter's Five Forces |
3.5 Hong Kong Crane , Hoist Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Crane , Hoist Market Revenues & Volume Share, By Operations, 2021 & 2031F |
3.7 Hong Kong Crane , Hoist Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Hong Kong Crane , Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Hong Kong leading to higher demand for cranes and hoists |
4.2.2 Growing investments in infrastructure projects driving the need for lifting equipment |
4.2.3 Technological advancements in crane and hoist systems enhancing efficiency and safety |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance standards impacting market entry and operations |
4.3.2 Fluctuations in raw material prices affecting manufacturing costs and pricing strategies |
5 Hong Kong Crane , Hoist Market Trends |
6 Hong Kong Crane , Hoist Market Segmentations |
6.1 Hong Kong Crane , Hoist Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Crane , Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.1.3 Hong Kong Crane , Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.2 Hong Kong Crane , Hoist Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Crane , Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Hong Kong Crane , Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Hong Kong Crane , Hoist Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Hong Kong Crane , Hoist Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Crane , Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Hong Kong Crane , Hoist Market Revenues & Volume, By Shipping & Material Handling, 2021-2031F |
6.3.4 Hong Kong Crane , Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.3.5 Hong Kong Crane , Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.3.6 Hong Kong Crane , Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.7 Hong Kong Crane , Hoist Market Revenues & Volume, By Energy & Power, 2021-2031F |
7 Hong Kong Crane , Hoist Market Import-Export Trade Statistics |
7.1 Hong Kong Crane , Hoist Market Export to Major Countries |
7.2 Hong Kong Crane , Hoist Market Imports from Major Countries |
8 Hong Kong Crane , Hoist Market Key Performance Indicators |
8.1 Average utilization rate of cranes and hoists in construction projects |
8.2 Number of new infrastructure projects awarded in Hong Kong |
8.3 Rate of adoption of advanced features and automation in crane and hoist equipment |
9 Hong Kong Crane , Hoist Market - Opportunity Assessment |
9.1 Hong Kong Crane , Hoist Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Crane , Hoist Market Opportunity Assessment, By Operations, 2021 & 2031F |
9.3 Hong Kong Crane , Hoist Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Hong Kong Crane , Hoist Market - Competitive Landscape |
10.1 Hong Kong Crane , Hoist Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Crane , Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here