The Global Hoist Rings Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
Hoist rings are load-centering eyebolts. They are designed to be rigged from the center or the side and may pivot or swivel. Some hoist rings connect directly to webbing, chain, or shackles. Others have a hook-end rather than a standard bail, eye, or ring.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
According to this study, over the next five years the Hoist Rings market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 380 million by 2024, from US$ 310 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hoist Rings business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Crosby Group
- CODIPRO (Alipa)
- American Drill Bushing
- Carr Lane
- Tianjin Yiyun
- Gunnebo Industries
- Stamperia Carcano
- Northwestern Tools
Segmentation by product type:
Segmentation by application:
- Mold and Mechanical
- Aerospace and Military
This report also splits the market by region:
- United States
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- To study and analyze the global Hoist Rings consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Hoist Rings market by identifying its various subsegments.
- Focuses on the key global Hoist Rings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Hoist Rings with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Hoist Rings submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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