| Product Code: ETC295039 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Hungary industrial lifting equipment market, the import trend showed significant growth, with a 55.17% increase from 2023 to 2024. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 16.11%. This surge in import momentum can be attributed to a notable demand shift towards advanced lifting technologies and a favorable trade environment that encouraged market stability.
With the manufacturing and construction sectors expanding in Hungary, the demand for industrial lifting equipment is increasing. Crane systems, hoists, and lifting accessories are essential for material handling and logistical operations in industrial settings, driving market growth.
The Hungary industrial lifting equipment market is driven by factors such as manufacturing operations, logistics activities, and demand for safe and efficient material handling solutions. Industrial lifting equipment, including cranes, hoists, and forklifts, lift and transport heavy loads in warehouses, factories, and construction sites. Moreover, advancements in lifting technology, automation features, and safety standards further stimulate market growth by enhancing productivity, safety, and ergonomics in Hungary manufacturing and logistics industries.
Challenges in the Hungary industrial lifting equipment market include ensuring equipment reliability, addressing safety regulations, and optimizing lifting capacity. Manufacturers must design lifting equipment that meets stringent safety standards, provides precise load handling, and enhances productivity in industrial operations while ensuring compliance with regulatory requirements.
Safety standards and certification requirements govern the design, manufacture, and use of lifting equipment in Hungary. The government enforces strict regulations to prevent workplace accidents and ensure the reliability and performance of lifting devices through regular inspections and compliance checks.
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 Hungary Industrial Lifting Equipment Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Industrial Lifting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Industrial Lifting Equipment Market - Industry Life Cycle |
3.4 Hungary Industrial Lifting Equipment Market - Porter's Five Forces |
3.5 Hungary Industrial Lifting Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Industrial Lifting Equipment Market Revenues & Volume Share, By Mechanism Involved, 2021 & 2031F |
3.7 Hungary Industrial Lifting Equipment Market Revenues & Volume Share, By Nature Of Installation, 2021 & 2031F |
3.8 Hungary Industrial Lifting Equipment Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
4 Hungary Industrial Lifting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for automation and efficiency in manufacturing processes |
4.2.2 Increasing investments in infrastructure development projects |
4.2.3 Adoption of advanced technologies such as IoT and AI in industrial lifting equipment |
4.3 Market Restraints |
4.3.1 High initial investment cost of industrial lifting equipment |
4.3.2 Stringent regulatory requirements for workplace safety and equipment standards |
4.3.3 Limited availability of skilled workforce for operating and maintaining industrial lifting equipment |
5 Hungary Industrial Lifting Equipment Market Trends |
6 Hungary Industrial Lifting Equipment Market, By Types |
6.1 Hungary Industrial Lifting Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Lifts, 2021-2031F |
6.1.4 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Fork Lifts, 2021-2031F |
6.1.5 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Hoists, 2021-2031F |
6.1.6 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Stackers, 2021-2031F |
6.1.7 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Pallet Trucks, 2021-2031F |
6.1.8 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Robotic Arms, 2021-2031F |
6.2 Hungary Industrial Lifting Equipment Market, By Mechanism Involved |
6.2.1 Overview and Analysis |
6.2.2 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Magnetic, 2021-2031F |
6.2.6 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Scissor Lifts , 2021-2031F |
6.3 Hungary Industrial Lifting Equipment Market, By Nature Of Installation |
6.3.1 Overview and Analysis |
6.3.2 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Overhead, 2021-2031F |
6.3.3 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Fulcrum, 2021-2031F |
6.3.4 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Vehicle Mounted, 2021-2031F |
6.4 Hungary Industrial Lifting Equipment Market, By Application Area |
6.4.1 Overview and Analysis |
6.4.2 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Manufacturing Industry, 2021-2031F |
6.4.3 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Process Industry, 2021-2031F |
6.4.4 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Shipping Dockyards, 2021-2031F |
6.4.5 Hungary Industrial Lifting Equipment Market Revenues & Volume, By Warehouses, 2021-2031F |
7 Hungary Industrial Lifting Equipment Market Import-Export Trade Statistics |
7.1 Hungary Industrial Lifting Equipment Market Export to Major Countries |
7.2 Hungary Industrial Lifting Equipment Market Imports from Major Countries |
8 Hungary Industrial Lifting Equipment Market Key Performance Indicators |
8.1 Overall equipment effectiveness (OEE) of industrial lifting equipment |
8.2 Average downtime of industrial lifting equipment |
8.3 Adoption rate of IoT-enabled industrial lifting equipment |
8.4 Energy efficiency of industrial lifting equipment |
8.5 Frequency of maintenance and service checks for industrial lifting equipment |
9 Hungary Industrial Lifting Equipment Market - Opportunity Assessment |
9.1 Hungary Industrial Lifting Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Industrial Lifting Equipment Market Opportunity Assessment, By Mechanism Involved, 2021 & 2031F |
9.3 Hungary Industrial Lifting Equipment Market Opportunity Assessment, By Nature Of Installation, 2021 & 2031F |
9.4 Hungary Industrial Lifting Equipment Market Opportunity Assessment, By Application Area, 2021 & 2031F |
10 Hungary Industrial Lifting Equipment Market - Competitive Landscape |
10.1 Hungary Industrial Lifting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Hungary Industrial Lifting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |