Steel Plate Lifting Clamp Market Report 2024 (Global Edition)

Global Steel Plate Lifting Clamp Market Report 2024 Market Size Split by type (Horizontal Lifting Clamp, Vertical Lifting Clamp), by application (Mining Application, Logistics Application, Constructio...

Steel Plate Lifting Clamp Market Report Description

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Steel Plate Lifting Clamp Market Insights Video

Competitive Landscape of the Steel Plate Lifting Clamp Market

The Steel Plate Lifting Clamp Market is highly competitive, with key players focusing on innovation, quality, and expanding their market reach. The market offers significant growth opportunities driven by industrial development and infrastructure investments across various regions. Adapting to market challenges and leveraging opportunities will be crucial for companies to maintain a competitive edge in this dynamic market.

May 2023:Fluke introduced the only clamp meter that can accurately and safely perform non-contact voltage measurements without test leads. The new 377 FC and 378 FC Non-Contact Voltage TrueRMS AC/DC Clamp Meters can simultaneously measure voltage and current without touching the live wire.

Source:https://www.fluke.com/en-in/support/press-releases/fluke-introduces-the-only-clamp-meters-that-make-non-contact-voltage-measurements-accurately-and-safely-without-test-leads

November 2020:Hioki announced the launch of the CM4002 and CM4003 AC Leakage Current Clamp Meters, which simplify leakage current investigation and provide high-precision, high-reliability leakage current measurement capabilities. The newly upgraded Clampon Leak HiTester 3283 instrument can measure AC leakage current to load current parameters.

Source:https://www.hioki.com/news/detail/id_n195

Top Companies Market Share in Steel Plate Lifting Clamp Industry: (In no particular order of Rank)

• Toyota Industries Corporation
• KION Group
• Mitsubishi Nichiyu Forklift
• Jungheinrich AG
• Crown Equipment
• Anhui Forklift Truck
• Doosan Industrial Vehicle
• Hangcha Group
• Clark Material Handling
• Komatsu
• Hyundai Heavy Industries
• Combilift
• EP Equipment
• Konecranes
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Steel Plate Lifting Clamp Market

Which Region Dominates the Steel Plate Lifting Clamp Market in 2024?

According to Cognitive Market Research, North America dominates the Steel Plate Lifting Clamp Market due to several key factors. Firstly, the region has a well-established industrial sector, including construction, manufacturing, and shipbuilding, which drives significant demand for steel plate lifting clamps. Secondly, stringent safety regulations and standards in North America necessitate the use of reliable and high-quality lifting equipment. Additionally, the presence of leading manufacturers and suppliers of lifting clamps ensures the availability of advanced and durable products.

Which Region is Expanding at the Fastest CAGR?

Asia Pacificis the fastest-growing region in the Steel Plate Lifting Clamp Market due to several factors. Firstly, rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations are driving the demand for steel plate lifting clamps in construction, manufacturing, and infrastructure projects. Secondly, significant investments in infrastructure development and the expansion of the shipbuilding and automotive industries further boost market growth. Additionally, the increasing adoption of safety standards and the growing awareness about efficient material handling solutions contribute to the rising demand. Moreover, the availability of cost-effective labor and raw materials in the region supports the rapid expansion of the Steel Plate Lifting Clamp Market in Asia Pacific.

 

The current report Scope analyzes Steel Plate Lifting Clamp Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Steel Plate Lifting Clamp

According to Cognitive Market Research,the global Steel Plate Lifting Clamp market size was estimated at USD XX Million,out of which North America held the major market of more than 40% of the global revenue with a market size of USD XXmillion in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2%from 2024 to 2031.The Steel Plate Lifting Clamp Market in North America is experiencing robust growth, driven by the expanding construction, shipbuilding, and heavy machinery industries. The region's focus on infrastructure development and modernization projects is bolstering the demand for reliable and efficient lifting solutions. Among the various segments, Vertical Lifting Clamps are particularly gaining prominence. These clamps are essential for safely lifting and handling steel plates in a vertical orientation, ensuring stability and minimizing the risk of accidents. Their ability to securely grip heavy plates makes them indispensable in construction sites and manufacturing plants, where safety and efficiency are paramount.

• According to Cognitive Market Research, the US had a major share in the Steel Plate Lifting Clamp market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 3.0%during the forecast period. The demand is amplified by the nation's infrastructure development and modernization projects.
• The Canada Steel Plate Lifting Clamp market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada's robust modernization projects.
• The Mexico Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.7% during the forecast period,with a market size of USD XX million in 2024.

Europe Steel Plate Lifting Clamp

According to Cognitive Market Research, the global Steel Plate Lifting Clamp market size was estimated at USD XX Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD XXmillion in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5%from 2024 to 2031.The Steel Plate Lifting Clamp Market in Europe is witnessing significant growth, propelled by the region's thriving industrial and construction sectors. The demand for advanced material handling solutions is increasing as industries prioritize operational safety and efficiency. Within this market, Horizontal Lifting Clamps are gaining traction due to their versatility and ability to handle steel plates in a horizontal position. These clamps are essential for applications in shipbuilding, automotive manufacturing, and heavy machinery production, where precise and secure handling of steel plates is critical. Their robust design and reliability make them a preferred choice for ensuring safe lifting operations across various European industries.

• The United Kingdom Steel Plate Lifting Clamp market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3%during the forecast period. In the UK, Steel Plate Lifting Clamp sales witness an upswing due to the nation's thriving industrial and construction sectors.
• The France Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany Steel Plate Lifting Clamp market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Steel Plate Lifting Clamp sales surged due to the increasing as industries prioritize operational safety and efficiency.
• The Italy Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 2.9% during the forecast period,with a market size of USD XX million in 2024.
• The Russia Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD XX million in 2024
• The LuxembourgSteel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.6%during the forecast period, with a market size of USD XX million in 2024.
• The PortugalSteel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.3%during the forecast period, with a market size of USD XXmillion in 2024.
• The GreeceSteel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.8%during the forecast period, with a market size of USD XXmillion in 2024.
• Rest of Europe'sSteel Plate Lifting Clamp market is projected to witness growth at a CAGR of 2.2%during the forecast period, with a market size of USD XXmillion in 2024.

Asia Pacific Steel Plate Lifting Clamp

According to Cognitive Market Research, the global Steel Plate Lifting Clamp market size was estimated at USD XXMillion, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD XXmillion in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0%from 2024 to 2031. The Steel Plate Lifting Clamp Market in the Asia Pacific region is experiencing robust growth, driven by rapid industrialization and infrastructure development. The construction boom and expanding manufacturing sector in countries like China and India are key contributors to the rising demand for efficient material handling equipment. Among the various types, Vertical Lifting Clamps are particularly popular due to their ability to handle vertical lifting operations with ease and safety. These clamps are crucial in industries such as construction, shipbuilding, and metalworking, where the secure and precise handling of steel plates is essential for maintaining operational efficiency and safety standards.

• According to Cognitive Market Research, the China Steel Plate Lifting Clamp market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 6.5%during the forecast period. Steel Plate Lifting Clamp sales surge in China due to the rapid industrialization and infrastructure development.
• The Japan Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 5.5% during the forecast period,with a market size of USD XX million in 2024.
• The India Steel Plate Lifting Clamp market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's infrastructure development.
• The South Korea Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 6.1%during the forecast period,with a market size of USD XX million in 2024.
• The Australia Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 6.7%during the forecast period,with a market size of USD XX million in 2024.
• The South East Asia Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 8.0%during the forecast period, with a market size of USD XXmillion in 2024.
• The Rest of Asia Pacific Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 6.8%during the forecast period, with a market size of USD XX million in 2024.

South America Steel Plate Lifting Clamp

According to Cognitive Market Research, the global Steel Plate Lifting Clamp market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.The Steel Plate Lifting Clamp Market in the Latin America region is set for steady growth, fueled by the increasing investments in infrastructure and industrial projects across countries like Brazil and Mexico. The region's emphasis on modernizing its construction and manufacturing sectors is driving the need for reliable material handling solutions. Horizontal Lifting Clamps are seeing significant demand due to their versatility in lifting steel plates horizontally, which is crucial for various applications in construction and shipbuilding. These clamps provide enhanced safety and efficiency, making them an indispensable tool in projects requiring precise and secure handling of heavy steel plates.

• According to Cognitive Market Research, the Brazil Steel Plate Lifting Clamp market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.0%during the forecast period. Steel Plate Lifting Clamp sales flourish in Brazil due to the increasing investments in infrastructure and industrial projects.
• Argentina Steel Plate Lifting Clamp market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.3%during the forecast period. Argentina's increasing investments in infrastructure and industrial projects.
• Colombia Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2024.
• Peru Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD XX million in 2024.
• Chile Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of4.7%during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa Steel Plate Lifting Clamp

According to Cognitive Market Research, the global Steel Plate Lifting Clamp market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD XXmillion in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7%from 2024 to 2031.The Steel Plate Lifting Clamp Market in the Middle East and Africa region is experiencing robust growth, driven by extensive construction and infrastructure projects, particularly in the Gulf Cooperation Council (GCC) countries. The region's burgeoning oil and gas industry also demands efficient material handling solutions. Vertical Lifting Clamps are witnessing increased adoption due to their ability to lift steel plates vertically, essential for high-rise construction and heavy industrial applications. These clamps ensure safe and secure handling of materials, reducing the risk of accidents and improving operational efficiency, thereby becoming a preferred choice in the market.

• The GCC Countries Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD XX million in 2024. Steel Plate Lifting Clamp sales flourish due to the growing e-commerce sector's demand efficient warehouse solutions.
• The Egypt Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024. Steel Plate Lifting Clamp sales flourish in South Africa due to the focus on automation to enhance productivity and competitiveness.
• The Turkey Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 4.2%during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of MEA Steel Plate Lifting Clamp market is projected to witness growth at a CAGR of 3.7%during the forecast period,with a market size of USD XX million in 2024.

Steel Plate Lifting Clamp Market Analysis

How are Segments Performing in the Global Steel Plate Lifting Clamp Market?

Steel Plate Lifting Clamp MarketTypeSegment Analysis

According to Cognitive Market Research, the dominant category in the Steel Plate Lifting Clamp Market is the vertical lifting clamp. Vertical lifting clamps are widely used due to their versatility and effectiveness in lifting and moving steel plates in an upright position. They provide a secure grip and are ideal for heavy-duty applications, such as in construction and shipbuilding industries. Their ability to handle a wide range of plate thicknesses and weights makes them highly preferred. Additionally, vertical lifting clamps are often designed with safety features, such as lock mechanisms, which enhance their reliability and efficiency in various industrial settings.

The fastest-growing category in the Steel Plate Lifting Clamp Market is the horizontal lifting clamp. The increasing demand for horizontal lifting clamps is driven by their specific application in lifting and transporting steel plates horizontally, which is essential in many manufacturing processes. These clamps are particularly advantageous in environments where space constraints and material handling efficiency are critical. The growing emphasis on automation and precision in industrial operations has further fueled the adoption of horizontal lifting clamps.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Steel Plate Lifting Clamp Industry. Request a Free Sample PDF!

Steel Plate Lifting Clamp Market Application Segment Analysis

According to Cognitive Market Research, the dominant category in the Steel Plate Lifting Clamp Market is the construction application. This dominance is attributed to the extensive use of steel plates in construction projects, such as building structures, bridges, and infrastructure. Construction applications demand reliable and efficient lifting solutions to handle heavy and large steel plates safely. Steel plate lifting clamps are essential in ensuring precise and secure handling of materials, thereby reducing the risk of accidents and enhancing productivity on construction sites. The continuous growth of the construction industry, driven by urbanization and infrastructure development, sustains the high demand for lifting clamps in this sector.

The fastest-growing category in the Steel Plate Lifting Clamp Market is the logistics application. The surge in global trade and the expansion of supply chains have heightened the need for efficient material handling solutions in logistics. Steel plate lifting clamps are increasingly utilized in warehouses, shipping docks, and distribution centers to facilitate the movement and storage of steel plates. The focus on optimizing logistics operations, minimizing downtime, and ensuring the safety of personnel and goods has accelerated the adoption of advanced lifting technologies.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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