Selected research
Industry Growth & Trends
Global Hoist Motor Industry Growth and Trends Forecast to 2032
Market perspective
The global Hoist Motor market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Hoist Motor is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Hoist Motor is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Hoist Motor is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Hoist Motor include Nidec, Siemens, Konecranes, MENZEL, VOHOBOO, Louis Allis, Reuland, Dumore Corporation and Zhengzhou Five Star Motor, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Hoist Motor market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Hoist Motor market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Hoist Motor market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Hoist Motor.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Hoist Motor market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Hoist Motor Market by Company
Nidec
Siemens
Konecranes
MENZEL
VOHOBOO
Louis Allis
Reuland
Dumore Corporation
Zhengzhou Five Star Motor
Jiangsu Hongda Lifting
Harbin Electric Corporation Jiamusi Electric Machine
Jinsanjiao Motor
Wuxi Hongtai Motor
Hangzhou Weigao Transmission Machinery
Hoist Motor Segment by Type
Wound Rotor
Squirrel Cage Rotor
Hoist Motor Segment by Application
Hoisting Machinery
Metallurgical Machinery
Others
Hoist Motor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hoist Motor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hoist Motor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hoist Motor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Hoist Motor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hoist Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Wound Rotor
- Squirrel Cage Rotor
Applications
- Hoisting Machinery
- Metallurgical Machinery
- Others
Companies covered
- Nidec
- Siemens
- Konecranes
- MENZEL
- VOHOBOO
- Louis Allis
- Reuland
- Dumore Corporation
- Zhengzhou Five Star Motor
- Jiangsu Hongda Lifting
- Harbin Electric Corporation Jiamusi Electric Machine
- Jinsanjiao Motor
- Wuxi Hongtai Motor
- Hangzhou Weigao Transmission Machinery
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Hoist Motor Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Hoist Motor Sales Estimates and Forecasts (2021-2032)
- 1.3 Hoist Motor Market by Type
- 1.3.1 Wound Rotor
- 1.3.2 Squirrel Cage Rotor
- 1.4 Global Hoist Motor Market Size by Type
- 1.4.1 Global Hoist Motor Market Size Overview by Type (2021-2032)
- 1.4.2 Global Hoist Motor Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Hoist Motor Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Hoist Motor Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Hoist Motor Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Hoist Motor Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Hoist Motor Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Hoist Motor Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Hoist Motor Industry Trends
- 2.2 Hoist Motor Industry Drivers
- 2.3 Hoist Motor Industry Opportunities and Challenges
- 2.4 Hoist Motor Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Hoist Motor Revenue (2021-2026)
- 3.2 Global Top Players by Hoist Motor Sales (2021-2026)
- 3.3 Global Top Players by Hoist Motor Price (2021-2026)
- 3.4 Global Hoist Motor Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Hoist Motor Major Company Production Sites & Headquarters
- 3.6 Global Hoist Motor Company, Product Type & Application
- 3.7 Global Hoist Motor Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Hoist Motor Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Hoist Motor Players Market Share by Revenue in 2025
- 3.8.3 2025 Hoist Motor Tier 1, Tier 2, and Tier 3
4 Hoist Motor Regional Status and Outlook
- 4.1 Global Hoist Motor Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Hoist Motor Historic Market Size by Region
- 4.2.1 Global Hoist Motor Sales in Volume by Region (2021-2026)
- 4.2.2 Global Hoist Motor Sales in Value by Region (2021-2026)
- 4.2.3 Global Hoist Motor Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Hoist Motor Forecasted Market Size by Region
- 4.3.1 Global Hoist Motor Sales in Volume by Region (2027-2032)
- 4.3.2 Global Hoist Motor Sales in Value by Region (2027-2032)
- 4.3.3 Global Hoist Motor Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Hoist Motor by Application
- 5.1 Hoist Motor Market by Application
- 5.1.1 Hoisting Machinery
- 5.1.2 Metallurgical Machinery
- 5.1.3 Others
- 5.2 Global Hoist Motor Market Size by Application
- 5.2.1 Global Hoist Motor Market Size Overview by Application (2021-2032)
- 5.2.2 Global Hoist Motor Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Hoist Motor Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Hoist Motor Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Hoist Motor Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Hoist Motor Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Hoist Motor Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Hoist Motor Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Nidec
- 6.1.1 Nidec Company Information
- 6.1.2 Nidec Business Overview
- 6.1.3 Nidec Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Nidec Hoist Motor Product Portfolio
- 6.1.5 Nidec Recent Developments
- 6.2 Siemens
- 6.2.1 Siemens Company Information
- 6.2.2 Siemens Business Overview
- 6.2.3 Siemens Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Siemens Hoist Motor Product Portfolio
- 6.2.5 Siemens Recent Developments
- 6.3 Konecranes
- 6.3.1 Konecranes Company Information
- 6.3.2 Konecranes Business Overview
- 6.3.3 Konecranes Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Konecranes Hoist Motor Product Portfolio
- 6.3.5 Konecranes Recent Developments
- 6.4 MENZEL
- 6.4.1 MENZEL Company Information
- 6.4.2 MENZEL Business Overview
- 6.4.3 MENZEL Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 MENZEL Hoist Motor Product Portfolio
- 6.4.5 MENZEL Recent Developments
- 6.5 VOHOBOO
- 6.5.1 VOHOBOO Company Information
- 6.5.2 VOHOBOO Business Overview
- 6.5.3 VOHOBOO Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 VOHOBOO Hoist Motor Product Portfolio
- 6.5.5 VOHOBOO Recent Developments
- 6.6 Louis Allis
- 6.6.1 Louis Allis Company Information
- 6.6.2 Louis Allis Business Overview
- 6.6.3 Louis Allis Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Louis Allis Hoist Motor Product Portfolio
- 6.6.5 Louis Allis Recent Developments
- 6.7 Reuland
- 6.7.1 Reuland Company Information
- 6.7.2 Reuland Business Overview
- 6.7.3 Reuland Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Reuland Hoist Motor Product Portfolio
- 6.7.5 Reuland Recent Developments
- 6.8 Dumore Corporation
- 6.8.1 Dumore Corporation Company Information
- 6.8.2 Dumore Corporation Business Overview
- 6.8.3 Dumore Corporation Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Dumore Corporation Hoist Motor Product Portfolio
- 6.8.5 Dumore Corporation Recent Developments
- 6.9 Zhengzhou Five Star Motor
- 6.9.1 Zhengzhou Five Star Motor Company Information
- 6.9.2 Zhengzhou Five Star Motor Business Overview
- 6.9.3 Zhengzhou Five Star Motor Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Zhengzhou Five Star Motor Hoist Motor Product Portfolio
- 6.9.5 Zhengzhou Five Star Motor Recent Developments
- 6.10 Jiangsu Hongda Lifting
- 6.10.1 Jiangsu Hongda Lifting Company Information
- 6.10.2 Jiangsu Hongda Lifting Business Overview
- 6.10.3 Jiangsu Hongda Lifting Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Jiangsu Hongda Lifting Hoist Motor Product Portfolio
- 6.10.5 Jiangsu Hongda Lifting Recent Developments
- 6.11 Harbin Electric Corporation Jiamusi Electric Machine
- 6.11.1 Harbin Electric Corporation Jiamusi Electric Machine Company Information
- 6.11.2 Harbin Electric Corporation Jiamusi Electric Machine Business Overview
- 6.11.3 Harbin Electric Corporation Jiamusi Electric Machine Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Harbin Electric Corporation Jiamusi Electric Machine Hoist Motor Product Portfolio
- 6.11.5 Harbin Electric Corporation Jiamusi Electric Machine Recent Developments
- 6.12 Jinsanjiao Motor
- 6.12.1 Jinsanjiao Motor Company Information
- 6.12.2 Jinsanjiao Motor Business Overview
- 6.12.3 Jinsanjiao Motor Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Jinsanjiao Motor Hoist Motor Product Portfolio
- 6.12.5 Jinsanjiao Motor Recent Developments
- 6.13 Wuxi Hongtai Motor
- 6.13.1 Wuxi Hongtai Motor Company Information
- 6.13.2 Wuxi Hongtai Motor Business Overview
- 6.13.3 Wuxi Hongtai Motor Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Wuxi Hongtai Motor Hoist Motor Product Portfolio
- 6.13.5 Wuxi Hongtai Motor Recent Developments
- 6.14 Hangzhou Weigao Transmission Machinery
- 6.14.1 Hangzhou Weigao Transmission Machinery Company Information
- 6.14.2 Hangzhou Weigao Transmission Machinery Business Overview
- 6.14.3 Hangzhou Weigao Transmission Machinery Hoist Motor Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Hangzhou Weigao Transmission Machinery Hoist Motor Product Portfolio
- 6.14.5 Hangzhou Weigao Transmission Machinery Recent Developments
7 North America by Country
- 7.1 North America Hoist Motor Sales by Country
- 7.1.1 North America Hoist Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Hoist Motor Sales by Country (2021-2026)
- 7.1.3 North America Hoist Motor Sales Forecast by Country (2027-2032)
- 7.2 North America Hoist Motor Market Size by Country
- 7.2.1 North America Hoist Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Hoist Motor Market Size by Country (2021-2026)
- 7.2.3 North America Hoist Motor Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Hoist Motor Sales by Country
- 8.1.1 Europe Hoist Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Hoist Motor Sales by Country (2021-2026)
- 8.1.3 Europe Hoist Motor Sales Forecast by Country (2027-2032)
- 8.2 Europe Hoist Motor Market Size by Country
- 8.2.1 Europe Hoist Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Hoist Motor Market Size by Country (2021-2026)
- 8.2.3 Europe Hoist Motor Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Hoist Motor Sales by Country
- 9.1.1 Asia-Pacific Hoist Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Hoist Motor Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Hoist Motor Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Hoist Motor Market Size by Country
- 9.2.1 Asia-Pacific Hoist Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Hoist Motor Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Hoist Motor Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Hoist Motor Sales by Country
- 10.1.1 South America Hoist Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Hoist Motor Sales by Country (2021-2026)
- 10.1.3 South America Hoist Motor Sales Forecast by Country (2027-2032)
- 10.2 South America Hoist Motor Market Size by Country
- 10.2.1 South America Hoist Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Hoist Motor Market Size by Country (2021-2026)
- 10.2.3 South America Hoist Motor Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Hoist Motor Sales by Country
- 11.1.1 Middle East and Africa Hoist Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Hoist Motor Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Hoist Motor Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Hoist Motor Market Size by Country
- 11.2.1 Middle East and Africa Hoist Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Hoist Motor Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Hoist Motor Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Hoist Motor Value Chain Analysis
- 12.1.1 Hoist Motor Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Hoist Motor Production Mode & Process
- 12.2 Hoist Motor Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Hoist Motor Distributors
- 12.2.3 Hoist Motor Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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