| Product Code: ETC295050 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The industrial lifting equipment market in Vietnam caters to diverse sectors, including construction, logistics, and manufacturing. With increased urbanization and infrastructure development, the demand for lifting equipment such as cranes and forklifts has risen. Manufacturers are focusing on safety features and automation to meet the stringent requirements of these industries.
In the Vietnam industrial lifting equipment market, the main driver is the growth of the construction and logistics industries. Industrial lifting equipment, such as cranes and forklifts, is crucial for material handling and construction activities. As infrastructure projects and logistics operations expand, the demand for lifting equipment is on the rise.
The industrial lifting equipment market encounters safety and training challenges. Ensuring that operators are well-trained to handle heavy machinery safely is crucial. Furthermore, adhering to safety standards and maintaining equipment in optimal condition is a constant concern.
The industrial lifting equipment market in Vietnam faced challenges related to the pandemic`s impact on construction and logistics. With project delays and restrictions on movement, the demand for lifting equipment decreased. Companies in this sector had to manage reduced revenues and adapt to changes in customer requirements, such as increased safety measures.
In the Vietnam industrial lifting equipment market, prominent companies include LiftMaster Vietnam, HoistTech Corporation, and Lifting Solutions Ltd.
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 Vietnam Industrial Lifting Equipment Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Industrial Lifting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Industrial Lifting Equipment Market - Industry Life Cycle |
3.4 Vietnam Industrial Lifting Equipment Market - Porter's Five Forces |
3.5 Vietnam Industrial Lifting Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Industrial Lifting Equipment Market Revenues & Volume Share, By Mechanism Involved, 2021 & 2031F |
3.7 Vietnam Industrial Lifting Equipment Market Revenues & Volume Share, By Nature Of Installation, 2021 & 2031F |
3.8 Vietnam Industrial Lifting Equipment Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
4 Vietnam Industrial Lifting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Vietnam leading to higher demand for industrial lifting equipment. |
4.2.2 Growth in the manufacturing sector, particularly in industries such as automotive, electronics, and textiles, driving the need for industrial lifting equipment. |
4.2.3 Government initiatives to promote foreign investments and improve the ease of doing business in Vietnam, attracting more companies that require industrial lifting equipment. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing industrial lifting equipment may act as a barrier for small and medium enterprises. |
4.3.2 Lack of skilled labor for operating and maintaining industrial lifting equipment, which can hinder market growth. |
4.3.3 Economic uncertainties and fluctuations in raw material prices impacting the overall demand for industrial lifting equipment. |
5 Vietnam Industrial Lifting Equipment Market Trends |
6 Vietnam Industrial Lifting Equipment Market, By Types |
6.1 Vietnam Industrial Lifting Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Lifts, 2021-2031F |
6.1.4 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Fork Lifts, 2021-2031F |
6.1.5 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Hoists, 2021-2031F |
6.1.6 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Stackers, 2021-2031F |
6.1.7 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Pallet Trucks, 2021-2031F |
6.1.8 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Robotic Arms, 2021-2031F |
6.2 Vietnam Industrial Lifting Equipment Market, By Mechanism Involved |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Magnetic, 2021-2031F |
6.2.6 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Scissor Lifts , 2021-2031F |
6.3 Vietnam Industrial Lifting Equipment Market, By Nature Of Installation |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Overhead, 2021-2031F |
6.3.3 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Fulcrum, 2021-2031F |
6.3.4 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Vehicle Mounted, 2021-2031F |
6.4 Vietnam Industrial Lifting Equipment Market, By Application Area |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Manufacturing Industry, 2021-2031F |
6.4.3 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Process Industry, 2021-2031F |
6.4.4 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Shipping Dockyards, 2021-2031F |
6.4.5 Vietnam Industrial Lifting Equipment Market Revenues & Volume, By Warehouses, 2021-2031F |
7 Vietnam Industrial Lifting Equipment Market Import-Export Trade Statistics |
7.1 Vietnam Industrial Lifting Equipment Market Export to Major Countries |
7.2 Vietnam Industrial Lifting Equipment Market Imports from Major Countries |
8 Vietnam Industrial Lifting Equipment Market Key Performance Indicators |
8.1 Adoption rate of advanced technology in industrial lifting equipment. |
8.2 Efficiency improvements in lifting operations. |
8.3 Safety records and compliance with regulations in the industrial lifting equipment sector. |
9 Vietnam Industrial Lifting Equipment Market - Opportunity Assessment |
9.1 Vietnam Industrial Lifting Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Industrial Lifting Equipment Market Opportunity Assessment, By Mechanism Involved, 2021 & 2031F |
9.3 Vietnam Industrial Lifting Equipment Market Opportunity Assessment, By Nature Of Installation, 2021 & 2031F |
9.4 Vietnam Industrial Lifting Equipment Market Opportunity Assessment, By Application Area, 2021 & 2031F |
10 Vietnam Industrial Lifting Equipment Market - Competitive Landscape |
10.1 Vietnam Industrial Lifting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Industrial Lifting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |