| Product Code: ETC429861 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Hoist Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.57% in 2025 and reaches 9.16% by 2029.

The Hoist market in Thailand is projected to grow at a stable growth rate of 3.62% 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.

The hoist market in Thailand caters to the construction, manufacturing, and logistics sectors. Hoists are essential for lifting and moving heavy loads efficiently and safely. The market offers a range of hoist types, from manual chain hoists to advanced electric and hydraulic models. As industrial activities continue to expand, the demand for hoists remains robust, with a focus on safety features and automation.
The Thailand hoist market is experiencing growth primarily driven by the country`s expanding construction and manufacturing sectors. With numerous infrastructure projects and a burgeoning real estate industry, the demand for hoisting equipment has surged. Additionally, stringent safety regulations have necessitated the use of reliable hoists, boosting market growth. The adoption of advanced technologies, such as electric hoists and remote-controlled systems, further enhances efficiency and safety, attracting more buyers.
In the Thailand hoist market, safety and compliance are top concerns. Manufacturers and suppliers must adhere to stringent safety regulations to ensure the safe operation of hoists in various industries, including construction and manufacturing. Meeting these standards requires ongoing investment in research, development, and certification processes. Additionally, market players must address issues related to the maintenance and servicing of hoists to prevent accidents and downtime.
The Thailand hoist market faced disruptions due to COVID-19. Industries such as construction and manufacturing, which are key users of hoists, saw slowdowns in operations. Lockdowns and supply chain interruptions led to delays in projects, impacting the demand for hoisting equipment. However, as the construction and manufacturing sectors resumed operations, there was a gradual recovery in the market, driven by the need to catch up on previously postponed projects.
The Thailand hoist market is characterized by the presence of key players who excel in manufacturing hoisting equipment. Leaders in this sector include Demag Cranes & Components Co., Ltd., Konecranes (Thailand) Co., Ltd., and Hitachi Industrial Equipment Systems Co., Ltd. These companies are recognized for their innovative hoisting solutions and have played a pivotal role in shaping the hoist market in Thailand.
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 Thailand Hoist Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Hoist Market - Industry Life Cycle |
3.4 Thailand Hoist Market - Porter's Five Forces |
3.5 Thailand Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Thailand Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 Thailand Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 Thailand Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Thailand Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 Thailand Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Thailand |
4.2.2 Growing investments in infrastructure projects |
4.2.3 Adoption of advanced technologies in the construction industry |
4.3 Market Restraints |
4.3.1 High initial investment costs for hoist equipment |
4.3.2 Economic uncertainties affecting construction projects |
4.3.3 Lack of skilled labor for operating hoist machinery |
5 Thailand Hoist Market Trends |
6 Thailand Hoist Market, By Types |
6.1 Thailand Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hoist Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F |
6.1.4 Thailand Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.5 Thailand Hoist Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Thailand Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Thailand Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Thailand Hoist Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Thailand Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 Thailand Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F |
6.3.3 Thailand Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F |
6.4 Thailand Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 Thailand Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F |
6.4.3 Thailand Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F |
6.4.4 Thailand Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F |
6.4.5 Thailand Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F |
6.4.6 Thailand Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F |
6.4.7 Thailand Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F |
6.4.8 Thailand Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.4.9 Thailand Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.5 Thailand Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F |
6.5.3 Thailand Hoist Market Revenues & Volume, By Cranes, 2021-2031F |
6.5.4 Thailand Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.5.5 Thailand Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.5.6 Thailand Hoist Market Revenues & Volume, By Workboats, 2021-2031F |
6.5.7 Thailand Hoist Market Revenues & Volume, By Utility, 2021-2031F |
6.6 Thailand Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Thailand Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.6.3 Thailand Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.4 Thailand Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.6.5 Thailand Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.6.6 Thailand Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F |
6.6.7 Thailand Hoist Market Revenues & Volume, By Material Handling, 2021-2031F |
6.6.8 Thailand Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.6.9 Thailand Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.7 Thailand Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Thailand Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.7.3 Thailand Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Thailand Hoist Market Import-Export Trade Statistics |
7.1 Thailand Hoist Market Export to Major Countries |
7.2 Thailand Hoist Market Imports from Major Countries |
8 Thailand Hoist Market Key Performance Indicators |
8.1 Number of new construction projects initiated in Thailand |
8.2 Adoption rate of automated hoist systems in the construction sector |
8.3 Average utilization rate of hoist equipment on construction sites |
9 Thailand Hoist Market - Opportunity Assessment |
9.1 Thailand Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Thailand Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 Thailand Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 Thailand Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Thailand Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 Thailand Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Hoist Market - Competitive Landscape |
10.1 Thailand Hoist Market Revenue Share, By Companies, 2024 |
10.2 Thailand Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |