Product Code: ETC429845 | Publication Date: Oct 2022 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
United Kingdom (UK) Hoist market currently, in 2023, has witnessed an HHI of 1563, Which has decreased slightly as compared to the HHI of 2116 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Kingdom hoist market is witnessing steady growth driven by factors such as increasing construction activities, infrastructure development projects, and the rising demand for material handling equipment in industries such as manufacturing, logistics, and healthcare. The market is characterized by a wide range of hoist types including electric chain hoists, wire rope hoists, and manual hoists, catering to diverse end-user requirements. Key players in the UK hoist market are focusing on product innovations, technological advancements, and strategic partnerships to enhance their market presence and gain a competitive edge. Additionally, stringent safety regulations and standards governing the use of hoists in workplaces are further propelling market growth by emphasizing the importance of reliable and efficient lifting equipment for ensuring worker safety and operational efficiency.
The UK hoist market is experiencing several key trends currently. One major trend is the increasing adoption of advanced technologies such as electric hoists and remote-controlled systems, which offer greater efficiency and safety in lifting operations. Another trend is the growing emphasis on sustainability, with a rising demand for eco-friendly hoists that reduce energy consumption and carbon footprint. Additionally, there is a noticeable shift towards customization and versatility in hoist designs to accommodate diverse industry needs. The market is also witnessing a rise in demand for hoists with higher load capacities to support heavy lifting requirements in sectors such as construction, manufacturing, and logistics. Overall, these trends indicate a market that is evolving towards more efficient, sustainable, and versatile hoisting solutions in the UK.
In the United Kingdom (UK) Hoist Market, one of the main challenges is the increasing competition among hoist manufacturers and suppliers. This competition leads to price wars and pressure on profit margins, making it difficult for companies to maintain profitability. Additionally, there is a growing demand for more advanced and technologically sophisticated hoists, requiring companies to invest in research and development to stay competitive. Another challenge is the need to comply with strict safety regulations and standards, which can add to the cost and complexity of manufacturing hoists. Furthermore, the uncertainty surrounding Brexit and its potential impact on trade relationships and regulations adds another layer of challenge for companies operating in the UK hoist market. Overall, companies in this market must navigate these challenges effectively to sustain growth and profitability.
The United Kingdom hoist market presents various investment opportunities due to the growing demand in sectors such as construction, manufacturing, and healthcare. With an increasing emphasis on workplace safety and efficiency, there is a rising need for hoists to aid in lifting and moving heavy loads. Investors can consider opportunities in supplying advanced hoisting equipment with features like automation, remote monitoring, and increased load capacity to cater to the evolving market requirements. Additionally, incorporating sustainable and energy-efficient technologies in hoists can appeal to environmentally conscious consumers. Investing in research and development for innovative hoist solutions tailored to specific industry needs can also be a lucrative strategy to capitalize on the expanding UK hoist market.
The United Kingdom (UK) government has introduced various policies related to the hoist market to ensure safety, quality, and compliance standards. These policies include regulations such as the Lifting Operations and Lifting Equipment Regulations (LOLER) which require regular inspections and maintenance of hoists to prevent accidents and ensure safe operation. Additionally, the UK government promotes the use of environmentally friendly hoists to reduce carbon emissions and meet sustainability targets. The government also encourages innovation and research in the hoist market through funding opportunities and support for technology development. Overall, these policies aim to support the growth of the hoist market in the UK while prioritizing safety, quality, and sustainability.
The future outlook for the United Kingdom (UK) hoist market appears positive, with growth expected due to several factors. The increasing adoption of automation and advanced technologies in various industries, such as construction, manufacturing, and healthcare, is driving the demand for hoists to optimize efficiency and improve safety standards. Additionally, the growing focus on workplace safety regulations and the need for ergonomic solutions are likely to further propel market growth. The development of innovative hoist products with enhanced features, such as smart connectivity and remote monitoring capabilities, is also anticipated to attract consumers. Furthermore, the UK government`s investments in infrastructure projects and the construction sector are expected to create opportunities for hoist manufacturers and suppliers. Overall, the UK hoist market is poised for expansion in the coming years.
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 United Kingdom (UK) Hoist Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Hoist Market - Industry Life Cycle |
3.4 United Kingdom (UK) Hoist Market - Porter's Five Forces |
3.5 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 United Kingdom (UK) Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 United Kingdom (UK) Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Kingdom (UK) Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Hoist Market Trends |
6 United Kingdom (UK) Hoist Market, By Types |
6.1 United Kingdom (UK) Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Planetary Gear, 2021 - 2031F |
6.1.4 United Kingdom (UK) Hoist Market Revenues & Volume, By Worm Gear, 2021 - 2031F |
6.1.5 United Kingdom (UK) Hoist Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 United Kingdom (UK) Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.2.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.4 United Kingdom (UK) Hoist Market Revenues & Volume, By Pneumatic, 2021 - 2031F |
6.2.5 United Kingdom (UK) Hoist Market Revenues & Volume, By Manual, 2021 - 2031F |
6.3 United Kingdom (UK) Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Chain Hoist, 2021 - 2031F |
6.3.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021 - 2031F |
6.4 United Kingdom (UK) Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021 - 2031F |
6.4.3 United Kingdom (UK) Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021 - 2031F |
6.4.4 United Kingdom (UK) Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021 - 2031F |
6.4.5 United Kingdom (UK) Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021 - 2031F |
6.4.6 United Kingdom (UK) Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021 - 2031F |
6.4.7 United Kingdom (UK) Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021 - 2031F |
6.4.8 United Kingdom (UK) Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021 - 2031F |
6.4.9 United Kingdom (UK) Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021 - 2031F |
6.5 United Kingdom (UK) Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Commercial Recovery, 2021 - 2031F |
6.5.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Cranes, 2021 - 2031F |
6.5.4 United Kingdom (UK) Hoist Market Revenues & Volume, By Fixed Cranes, 2021 - 2031F |
6.5.5 United Kingdom (UK) Hoist Market Revenues & Volume, By Mobile Cranes, 2021 - 2031F |
6.5.6 United Kingdom (UK) Hoist Market Revenues & Volume, By Workboats, 2021 - 2031F |
6.5.7 United Kingdom (UK) Hoist Market Revenues & Volume, By Utility, 2021 - 2031F |
6.6 United Kingdom (UK) Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Automotive & Railway, 2021 - 2031F |
6.6.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.6.4 United Kingdom (UK) Hoist Market Revenues & Volume, By Transportation & Logistics, 2021 - 2031F |
6.6.5 United Kingdom (UK) Hoist Market Revenues & Volume, By Construction, 2021 - 2031F |
6.6.6 United Kingdom (UK) Hoist Market Revenues & Volume, By Shipping & Marine, 2021 - 2031F |
6.6.7 United Kingdom (UK) Hoist Market Revenues & Volume, By Material Handling, 2021 - 2031F |
6.6.8 United Kingdom (UK) Hoist Market Revenues & Volume, By Mining, 2021 - 2031F |
6.6.9 United Kingdom (UK) Hoist Market Revenues & Volume, By Mining, 2021 - 2031F |
6.7 United Kingdom (UK) Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 United Kingdom (UK) Hoist Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.7.3 United Kingdom (UK) Hoist Market Revenues & Volume, By Indirect Sales, 2021 - 2031F |
7 United Kingdom (UK) Hoist Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Hoist Market Export to Major Countries |
7.2 United Kingdom (UK) Hoist Market Imports from Major Countries |
8 United Kingdom (UK) Hoist Market Key Performance Indicators |
9 United Kingdom (UK) Hoist Market - Opportunity Assessment |
9.1 United Kingdom (UK) Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Kingdom (UK) Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 United Kingdom (UK) Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 United Kingdom (UK) Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 United Kingdom (UK) Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 United Kingdom (UK) Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 United Kingdom (UK) Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Kingdom (UK) Hoist Market - Competitive Landscape |
10.1 United Kingdom (UK) Hoist Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |