BusinessIndustries

Global Load Moment Indicator market is valued at 92 million US$ in 2018 is expected to reach 100 million US$ by the end of 2025, growing at a CAGR of 0.7% during 2019-2025

Global Load Moment Indicator Market Research Report 2019

Load moment indicator means a system which aids the equipment operator by sensing (directly or indirectly) the overturning moment on the equipment, i.e., load multiplied by radius. It compares this lifting condition to the equipment’s rated capacity, and indicates to the operator the percentage of capacity at which the equipment is working. Lights, bells, or buzzers may be incorporated as a warning of an approaching overload condition.
In the coming years there is an increasing technology breakthrough for load moment indicators in the regions of North America and Europe that is expected to drive the market for more advanced load moment indicators. Increasing of construction and industrial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of load moment indicators of APAC will drive growth of the global market.
Globally, the load moment indicators industry market is an oligopoly as the manufacturing technology of load moment indicators is relatively high. And some enterprises, like Wika, Rayco-Wylie and Yichang Jinglian etc. are well-known for the wonderful performance of their load moment indicators and related services. At the same time, Asia-Pacific, occupied 66.98% sales market share in 2017, is remarkable in the global load moment indicators industry because of their market share and demand of load moment indicators.

The global Load Moment Indicator market is valued at 92 million US$ in 2018 is expected to reach 100 million US$ by the end of 2025, growing at a CAGR of 0.7% during 2019-2025.
This report focuses on Load Moment Indicator volume and value at global level, regional level and company level. From a global perspective, this report represents overall Load Moment Indicator market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Wika
Rayco-Wylie
Yichang Jinglian
TWG Dover
Parker Electronic Controls
Cranesmart Systems
Weite Technologies
Suns Technology
Wylie Indicators
Shanghai Xiya
Keli Sensing
Wide Technology
Yichang Wanpu
Chengdu Hi-Tech Crane Safety
Markload Systems

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Tower Crane
Vehicle Crane

By Industrial Application, the market can be split into:
Construction
Industrial

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Load Moment Indicator Market Research Report 2019

Contacts

Trusted Business Insights
Joseph Anthony Jones
Senior Media & Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580

Tags

Related Articles

Close