Home > Industrial Machinery > Material Handling Equipment > Hook Lifts and Skip Loaders Market

Hook Lifts and Skip Loaders Market Trends

  • Report ID: GMI5107
  • Published Date: May 2024
  • Report Format: PDF

Hook Lifts and Skip Loaders Market Trends

Hook lifts and skip loaders powered by electricity and alternative fuels are gaining popularity as environmental responsibility and sustainability become increasingly important. To cut emissions and lessen their influence on the environment, automakers are creating electric models in addition to vehicles running on Liquefied Natural Gas (LNG), hydrogen fuel cells, Compressed Natural Gas (CNG), and other alternative fuels.
 

Manufacturers are adding modern safety measures to skip loaders and hook lifts to reduce the possibility of mishaps & injuries. These features include operator alertness monitoring, automatic emergency braking, blind-spot recognition, rear-view cameras, and collision avoidance systems. These technologies contribute to worker protection, liability reduction, and increased production by enhancing safety.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of hook lifts and skip loaders was reached USD 2.9 billion in 2023 and is estimated to register over 5.5% CAGR between 2024 and 2032, owing to rising urbanization and population growth across suburban areas.

The construction segment in the hook lifts and skip loaders market is anticipated to register over 5.6% CAGR from 2024 to 2032, due to population increase, urbanization, infrastructure development, and economic expansion in developing countries.

Europe hook lifts and skip loaders market accounted for over 35% share in 2023, attributed to increasing emphasis on eco-friendly mobility solutions to reduce emissions and combat climate change.

Ampliroll Hooklift Systems, B.O.B. Sistemi Idraulici S.p.A, Cargotec Corporation, Galbreath, Galbreath Inc., Hiab AB, Hyva Global B.V., Marrel SAS, Meiller Group, Palfinger AG, Stellar Industries, SwapLoader USA Ltd, VDL Containersystemen BV, Volvo Construction Equipment and West-Trans Equipment

Hook Lifts and Skip Loaders Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 310
  • Countries covered: 28
  • Pages: 255
 Download Free Sample