| Product Code: ETC5400813 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Norway Hoist Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 5.65% in 2025, it steadily loses momentum, ending at 4.57% by 2029.

By 2027, Norway's Hoist market is forecasted to achieve a growing growth rate of 5.32%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Norway Hoist Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Hoist Market - Industry Life Cycle |
3.4 Norway Hoist Market - Porter's Five Forces |
3.5 Norway Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Norway Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Norway Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 Norway Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 Norway Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Norway Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 Norway Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Norway Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Norway |
4.2.2 Growing investments in infrastructure projects |
4.2.3 Focus on workplace safety regulations and standards |
4.3 Market Restraints |
4.3.1 High initial investment cost of hoist equipment |
4.3.2 Impact of economic downturn on construction sector |
4.3.3 Competition from alternative lifting technologies |
5 Norway Hoist Market Trends |
6 Norway Hoist Market Segmentations |
6.1 Norway Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F |
6.1.3 Norway Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.4 Norway Hoist Market Revenues & Volume, By Others, 2021-2031F |
6.2 Norway Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Norway Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Norway Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Norway Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Norway Hoist Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Norway Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 Norway Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F |
6.3.3 Norway Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F |
6.4 Norway Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 Norway Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F |
6.4.3 Norway Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F |
6.4.4 Norway Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F |
6.4.5 Norway Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F |
6.4.6 Norway Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F |
6.4.7 Norway Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F |
6.4.8 Norway Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.4.9 Norway Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.5 Norway Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Norway Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F |
6.5.3 Norway Hoist Market Revenues & Volume, By Cranes, 2021-2031F |
6.5.4 Norway Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.5.5 Norway Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.5.6 Norway Hoist Market Revenues & Volume, By Workboats, 2021-2031F |
6.5.7 Norway Hoist Market Revenues & Volume, By Utility, 2021-2031F |
6.6 Norway Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Norway Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.6.3 Norway Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.4 Norway Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.6.5 Norway Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.6.6 Norway Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F |
6.6.7 Norway Hoist Market Revenues & Volume, By Material Handling, 2021-2031F |
6.6.8 Norway Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.6.9 Norway Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.7 Norway Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Norway Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.7.3 Norway Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Norway Hoist Market Import-Export Trade Statistics |
7.1 Norway Hoist Market Export to Major Countries |
7.2 Norway Hoist Market Imports from Major Countries |
8 Norway Hoist Market Key Performance Indicators |
8.1 Average utilization rate of hoist equipment |
8.2 Number of workplace accidents involving lifting operations |
8.3 Adoption rate of automation and smart technologies in hoist equipment |
9 Norway Hoist Market - Opportunity Assessment |
9.1 Norway Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Norway Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Norway Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 Norway Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 Norway Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Norway Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 Norway Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Norway Hoist Market - Competitive Landscape |
10.1 Norway Hoist Market Revenue Share, By Companies, 2024 |
10.2 Norway 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.
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