DUBLIN, Jan. 16, 2018 /PRNewswire/ --
The "Global Vacuum Lifter Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
The global vacuum lifter market to grow at a CAGR of 7.24% during the period 2017-2021.
Global Vacuum Lifter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Vacuum lifters are widely used in the glass industry, manufacturing facilities, construction sector, and warehouses for handling various flat and curved-surface materials. Vacuum lifters are used in the handling and logistics of float glass sheets in glass manufacturing facilities and for window and body installation in automotive manufacturing.
According to the report, one of the major drivers for this market is Rise in global constructions. Vacuum lifters are used at construction sites for handling and movement of building materials, such as concrete slabs, girders, sheet metals, pipes, and glass sheets. As a result, the construction sector makes one of the largest end-users of vacuum lifting equipment and is expected to be the biggest driver for the global vacuum lifter market during the forecast period.
The latest trend gaining momentum in the market is Adoption of automation in various industries. The rising labor costs and difficulty in finding and retaining skilled labor pose a challenge for several industries, especially those which require manual labor, such as construction and manufacturing. This is leading to an increased rate of adoption of automation in several industries.
Further, the report states that one of the major factors hindering the growth of this market is Slowdown in Chinese economy. China is one of the biggest markets for vacuum lifters, both in terms of revenue and growth potential. However, the country's economy has been affected significantly due to the slowdown in trade and weakening of its currency. China's metal production capacity also declined during 2017, due to the supply glut.
- Bystronic glass
- J. SCHMALZ
- Wood's Powr-Grip
Other prominent vendors
- ACIMEX (CBE GROUP)
- Biesse Group
- Carl Stahl
- Kilner Vacuumation
- NATSU Machine
- Ox Worldwide (Cargo Flet Blasant)
- Scaglia INDEVA
- UniMove Vacuum Lifters
- Vaculex (Piab)
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By End-User
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fgljq7/global_vacuum?w=5
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SOURCE Research and Markets