The Market Reports

Synopsis
The global market for Construction Hoist was estimated to be worth US$ 1058 million in 2024 and is forecast to a readjusted size of US$ 1364 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Construction Hoist cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A construction hoist is an essential piece of temporary equipment widely used in high-rise and large-scale building projects to ensure the vertical movement of goods and personnel during the construction phase. Operated electrically and typically running along a fixed mast structure attached to the building, the hoist consists of a cage or car that travels on a rack-and-pinion or wire rope system, guided by mast sections. Construction hoists are designed to withstand harsh environmental conditions and are equipped with safety devices such as limit switches, interlocks, and overload protection systems to prevent accidents. These hoists offer significant efficiency in reducing manual handling and time spent on transporting heavy or bulky materials up and down a structure. They are indispensable for improving productivity and safety on site, especially when scaffolding or tower cranes cannot provide flexible, fast, or direct vertical access. Their modular design allows for height customization, and they can be dismantled and reused on different projects, making them a cost-effective investment for contractors.
The construction hoist market is on a trajectory of growth, this growth is underpinned by the global construction industry's continuous expansion. In emerging economies, rapid urbanization is spurring a plethora of construction projects, which in turn is fueling the demand for construction hoists. Technological innovation is also a significant driver; intelligent control systems are being incorporated to enhance safety and efficiency, and high - strength, lightweight materials are being used to boost performance and reduce energy consumption. Additionally, the growing environmental consciousness has led to an increasing demand for green and energy - efficient construction hoists, compelling manufacturers to develop products that adhere to environmental standards.​
However, US tariffs have introduced a host of challenges to the industry. The construction hoist market is intricately connected to the broader construction and manufacturing sectors, both of which are severely affected by tariffs. The US tariffs on imported construction materials, such as steel, aluminum, and components used in hoist manufacturing, have significantly increased production costs. For example, the 25% tariff on imported steel since March 2025 has directly raised the cost of raw materials for construction hoist manufacturers. As a result, the prices of construction hoists have likely increased, making them less competitive in the US market. This price hike may lead to a decrease in demand, as construction companies may delay or scale back projects due to higher equipment costs.​
Furthermore, the tariffs disrupt the global supply chain. Construction hoist manufacturers often source components from various countries to optimize costs and quality. The tariffs can lead to delays in the delivery of components, as companies may need to re - evaluate and re - route their supply chains to mitigate the tariff impact. This can cause production bottlenecks and further increase costs. In addition, US - based manufacturers who rely on imported parts for their construction hoists may face shortages, forcing them to either find alternative suppliers, which may not be immediately available or as cost - effective, or to increase their domestic production. But domestic production may not be able to meet the full demand in the short term, given the existing capacity constraints.​
The tariffs also impact international trade dynamics. For countries that are major exporters of construction hoists to the US, such as China, which holds a significant share in the global construction hoist market, the tariffs can lead to a decline in exports. Construction hoist manufacturers in these countries may need to explore alternative markets in regions like Southeast Asia or Europe. However, this shift requires substantial investment in market research, marketing, and establishing new distribution channels. On the other hand, US - based manufacturers may see an opportunity to gain market share domestically, but they also face the challenges of higher input costs and potential shortages of key components. Overall, while the construction hoist market has growth potential, the US tariffs are creating significant headwinds that require careful navigation by industry players through strategies like cost - cutting, supply chain reconfiguration, and market diversification.
This report aims to provide a comprehensive presentation of the global market for Construction Hoist, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Construction Hoist by region & country, by Type, and by Application.
The Construction Hoist market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Construction Hoist.
Market Segmentation
By Company
Zoomlion
Alimak
XL Industries
Hongda Construction
XCMG
Fangyuan
Guangxi Construction
Dahan
Sichuan Construction
Böcker
STROS
GEDA
Zhejiang Construction Machinery
China State Construction
Jaypee
ELECTROELSA
BetaMax
Jinglong Engineering. Machinery Co., Ltd
Maber
Alba
Scanclimber
Jaso
Segment by Type
Below 2 ton
2-3 ton
Above 3 ton
Segment by Application
Residential Building
Commercial Building
Industrial Building
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Construction Hoist manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Construction Hoist in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Construction Hoist in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index