Philippines Hoist Market (2025-2031) Outlook | Forecast, Trends, Size, Revenue, Companies, Analysis, Industry, Value, Growth & Share

Market Forecast By Product Type (Planetary Gear, Worm Gear, Others), By Operation (Hydraulic, Electric, Pneumatic, Manual), By Hoist Rope (Chain Hoist, Wire or Rope Hoist), By Capacity (LBS) (Up to 1000 lbs, 1000 lbs to 2000 lbs, 2000 lbs to 4000 lbs, 4000 lbs to 6000 lbs, 6000 lbs to 8000 lbs, 8000 lbs to 10000 lbs, 10000 lbs to 12000 lbs, 12000 lbs to 16000 lbs), By Application (Commercial Recovery, Cranes, Fixed Cranes, Mobile Cranes, Workboats, Utility, Others (Military recovery, Stage maker, etc.)), By End-use (Automotive & Railway, Aerospace & Defense, Transportation & Logistics, Construction, Shipping & Marine, Material Handling, Agriculture & Forestry, Mining), By Distribution Channel (Direct Sales, Indirect Sales) And Competitive Landscape
Product Code: ETC429865 Publication Date: Oct 2022 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Hoist Market Size Growth Rate


The Philippines Hoist Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 7.04% in 2025 and reaches 17.42% by 2029.

Philippines Hoist Market Size Growth Rate

Hoist Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


The Hoist market in Philippines is projected to grow at a high growth rate of 13.13% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Hoist Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

philippines hoist market Synopsis

Another notable market is the hoist market, which has experienced steady growth due to the country`s expanding construction and manufacturing sectors. Hoists play a vital role in lifting and moving heavy loads efficiently, contributing to improved productivity in various industries. The Philippines` infrastructure development and construction projects have significantly contributed to the demand for hoists, indicating a positive trajectory for this market.

Drivers of the Market

The Philippines` hoist market is influenced by various drivers. The construction and manufacturing sectors` growth, which require efficient material handling, is a significant factor. The expansion of infrastructure projects and the need for safe and streamlined lifting solutions contribute to market growth. Additionally, regulations emphasizing workplace safety are driving the adoption of hoist systems in various industries.

Challenges of the Market

The hoist market in the Philippines encounters specific challenges. Ensuring hoist safety is of paramount importance to prevent accidents and injuries. Implementing and adhering to strict safety standards and regulations can be complex, particularly across various industries that utilize hoists. Moreover, technological advancements and automation in lifting equipment demand a skilled workforce capable of operating and maintaining these advanced systems. Developing training programs to address this skill gap is essential. Additionally, ensuring hoist affordability while maintaining quality and safety standards poses a constant challenge for manufacturers.

COVID-19 Impact on the Market

The Philippines hoist market encountered distinct challenges as a result of the COVID-19 pandemic. The construction sector, a major consumer of hoisting equipment, experienced disruptions due to lockdowns and supply chain issues. The temporary suspension of construction activities and reduced investments in infrastructure projects led to a decline in demand for hoists. However, the market`s recovery gained momentum as the construction sector adapted to new health and safety protocols. The need for efficient lifting solutions persisted, and as construction activities resumed, the hoist market started showing signs of recovery. The market outlook emphasizes the role of technological advancements in driving the sector`s growth and addressing safety concerns.

Key Players in the Market

In the Philippines hoist market, some key players include KITO Corporation, Konecranes, Columbus McKinnon Corporation, Street Crane Company, and Harrington Hoists, Inc. These companies are known for producing a wide range of hoisting equipment and solutions catering to various industries.

Key Highlights of the Report:

  • Philippines Hoist Market Outlook
  • Market Size of Philippines Hoist Market, 2024
  • Forecast of Philippines Hoist Market, 2031
  • Historical Data and Forecast of Philippines Hoist Revenues & Volume for the Period 2021-2031
  • Philippines Hoist Market Trend Evolution
  • Philippines Hoist Market Drivers and Challenges
  • Philippines Hoist Price Trends
  • Philippines Hoist Porter's Five Forces
  • Philippines Hoist Industry Life Cycle
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Planetary Gear for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Worm Gear for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Operation for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Hydraulic for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Pneumatic for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Manual for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Hoist Rope for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Chain Hoist for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Wire or Rope Hoist for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Capacity (LBS) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Up to 1000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 1000 lbs to 2000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 2000 lbs to 4000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 4000 lbs to 6000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 6000 lbs to 8000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 8000 lbs to 10000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 10000 lbs to 12000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By 12000 lbs to 16000 lbs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Commercial Recovery for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Cranes for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Fixed Cranes for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Mobile Cranes for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Workboats for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Utility for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Others (Military recovery, Stage maker, etc.) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Automotive & Railway for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Transportation & Logistics for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Shipping & Marine for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Material Handling for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Agriculture & Forestry for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Mining for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Direct Sales for the Period 2021-2031
  • Historical Data and Forecast of Philippines Hoist Market Revenues & Volume By Indirect Sales for the Period 2021-2031
  • Philippines Hoist Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Operation
  • Market Opportunity Assessment By Hoist Rope
  • Market Opportunity Assessment By Capacity (LBS)
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-use
  • Market Opportunity Assessment By Distribution Channel
  • Philippines Hoist Top Companies Market Share
  • Philippines Hoist Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Hoist Company Profiles
  • Philippines Hoist Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Hoist Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Hoist Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Philippines Hoist Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Hoist Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Hoist Market - Industry Life Cycle

3.4 Philippines Hoist Market - Porter's Five Forces

3.5 Philippines Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Philippines Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F

3.7 Philippines Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F

3.8 Philippines Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F

3.9 Philippines Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F

3.10 Philippines Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F

3.11 Philippines Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Philippines Hoist Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Hoist Market Trends

6 Philippines Hoist Market, By Types

6.1 Philippines Hoist Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Philippines Hoist Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Philippines Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F

6.1.4 Philippines Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F

6.1.5 Philippines Hoist Market Revenues & Volume, By Others, 2021-2031F

6.2 Philippines Hoist Market, By Operation

6.2.1 Overview and Analysis

6.2.2 Philippines Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F

6.2.3 Philippines Hoist Market Revenues & Volume, By Electric, 2021-2031F

6.2.4 Philippines Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F

6.2.5 Philippines Hoist Market Revenues & Volume, By Manual, 2021-2031F

6.3 Philippines Hoist Market, By Hoist Rope

6.3.1 Overview and Analysis

6.3.2 Philippines Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F

6.3.3 Philippines Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F

6.4 Philippines Hoist Market, By Capacity (LBS)

6.4.1 Overview and Analysis

6.4.2 Philippines Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F

6.4.3 Philippines Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F

6.4.4 Philippines Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F

6.4.5 Philippines Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F

6.4.6 Philippines Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F

6.4.7 Philippines Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F

6.4.8 Philippines Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F

6.4.9 Philippines Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F

6.5 Philippines Hoist Market, By Application

6.5.1 Overview and Analysis

6.5.2 Philippines Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F

6.5.3 Philippines Hoist Market Revenues & Volume, By Cranes, 2021-2031F

6.5.4 Philippines Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F

6.5.5 Philippines Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F

6.5.6 Philippines Hoist Market Revenues & Volume, By Workboats, 2021-2031F

6.5.7 Philippines Hoist Market Revenues & Volume, By Utility, 2021-2031F

6.6 Philippines Hoist Market, By End-use

6.6.1 Overview and Analysis

6.6.2 Philippines Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F

6.6.3 Philippines Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.6.4 Philippines Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F

6.6.5 Philippines Hoist Market Revenues & Volume, By Construction, 2021-2031F

6.6.6 Philippines Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F

6.6.7 Philippines Hoist Market Revenues & Volume, By Material Handling, 2021-2031F

6.6.8 Philippines Hoist Market Revenues & Volume, By Mining, 2021-2031F

6.6.9 Philippines Hoist Market Revenues & Volume, By Mining, 2021-2031F

6.7 Philippines Hoist Market, By Distribution Channel

6.7.1 Overview and Analysis

6.7.2 Philippines Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F

6.7.3 Philippines Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F

7 Philippines Hoist Market Import-Export Trade Statistics

7.1 Philippines Hoist Market Export to Major Countries

7.2 Philippines Hoist Market Imports from Major Countries

8 Philippines Hoist Market Key Performance Indicators

9 Philippines Hoist Market - Opportunity Assessment

9.1 Philippines Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Philippines Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F

9.3 Philippines Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F

9.4 Philippines Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F

9.5 Philippines Hoist Market Opportunity Assessment, By Application, 2021 & 2031F

9.6 Philippines Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F

9.7 Philippines Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Philippines Hoist Market - Competitive Landscape

10.1 Philippines Hoist Market Revenue Share, By Companies, 2024

10.2 Philippines Hoist Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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