Electric Hoist Market Production, Consumption, Export,
Import by Region 2018 to 2025
A hoist is equipment used for lifting or lowering a load with the help of a drum
or lift-wheel. The rope or chain is wrapped around the equipment. It can be
operated electrically. Electric hoist is mounted on the overhead cranes, jib
cranes, or gantry cranes.
Global Electric Hoist Market is expected to grow at a significant CAGR in the upcoming years as the
scope and its applications are rising enormously across the globe. A hoist is equipment used for
lifting or lowering a load with the help of a drum or lift-wheel. The rope or chain is wrapped around
the equipment. It can be operated electrically. Electric hoist is mounted on the overhead cranes, jib
cranes, or gantry cranes. The lifting height is from 3 to 30 meters whereas; capacity is normally from
0.3 to 80 tons. This equipment consists of transmission and rolls or sprockets, and motor.
Small size electric hoist are light weight, have easy to use features, simple operation, and primarily
used in mining and industrial enterprises and storage terminals. Exclusively used for lifting heavy
items quickly and effectively. In addition, this equipment can be used for both industrial scale and
smaller scale uses.
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