Hoist for Mining Market, Global Outlook and Forecast 2024-2031

Report ID: 1371498 | Published Date: Jan 2025 | No. of Page: 70 | Base Year: 2024 | Rating: 3.8 | Webstory: Check our Web story

In underground mining a hoist or winder[1] is used to raise and lower conveyances within the mine shaft. Modern hoists are normally powered using electric motors, historically with direct current drives utilizing Ward Leonard control machines and later solid-state converters (thyristors), however modern large hoists use alternating current drives that are variable frequency controlled.
This report contains market size and forecasts of Hoist for Mining in global, including the following market information:
Global Hoist for Mining Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hoist for Mining Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hoist for Mining companies in 2021 (%)
The global Hoist for Mining market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Friction Hoist Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hoist for Mining include Columbus McKinnon, Kito, Sichuan Mining Machinery, INCO Engineering, SIEMAG TECBERG, Dongqi Group, FLSmidth, Ingersoll Rand and Deilmann-Haniel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hoist for Mining manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hoist for Mining Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hoist for Mining Market Segment Percentages, by Type, 2021 (%)
Friction Hoist
Drum Hoist
Blair Multi-rope Hoist
Global Hoist for Mining Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hoist for Mining Market Segment Percentages, by Application, 2021 (%)
Coal Mine
Iron Ore
Non-ferrous Metal Ore
Non-metallic Minerals Ore
Global Hoist for Mining Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hoist for Mining Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hoist for Mining revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hoist for Mining revenues share in global market, 2021 (%)
Key companies Hoist for Mining sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hoist for Mining sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Columbus McKinnon
Kito
Sichuan Mining Machinery
INCO Engineering
SIEMAG TECBERG
Dongqi Group
FLSmidth
Ingersoll Rand
Deilmann-Haniel
Terex
Konecranes

Frequently Asked Questions
Hoist for Mining Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Hoist for Mining Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Hoist for Mining Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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