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Global Industrial Counterweights Market Size study, by Product Type (Swinging counterweights, Fixed counterweights), by Material (Iron & steel, Concrete, Others), by Application (Elevators, Cranes , Forklifts, Excavators, Lifts, Others), and Regional Forecasts 2021-2027

August 2021 | 200 pages | ID: GF82BF053330EN
Bizwit Research & Consulting LLP

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Global Industrial Counterweights Market is valued approximately at USD 6.45 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2021-2027. A counterweight is a type of stabilizing part for balancing a system of lifting mechanism or machine. It is majorly used to lift trucks, elevators, draw bridges, cranes, or any type of machine that lifts a lot of weight. The global Industrial Counterweights market is being driven by increasing demand for cast-iron counterweights for off-highway equipment applications and rising demand for heavy machinery from construction sector will propel the demand for counterweights. Furthermore, the generation of additional demand for material handling equipment by booming retail sector will provide new opportunities for the global Industrial Counterweights industry. For instance, according to Statistia, the worldwide spending on construction industry is rising year on year, in year 2017, the spending was USD 10.9 trillion which become USD 12 trillion in yea 2019 and it is expected to reach at USD 19.2 trillion by year 2035. As a result, growing spending on construction industry will necessitate the use of more industrial counterweights in the construction of different buildings, which will serve as a catalyst for the Industrial Counterweights industry in the future. However, stringent government regulations restricting use of lead counterweights and varying cost of counterweights by material restricting use of proper counterweights in different applications may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region consider for the regional analysis of global Industrial Counterweights market. The Fast-growing economies and increasing demand of huge population makes the Asia Pacific the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the necessity of high-rise buildings and increased production rates are expected to drive the industrial counterweights market in the region.
Major market player included in this report are:
Sic lazaro
Crescent foundry
gallizo
Mars metal
Ultra ray metals
ISC
Vietnam cast iron
Amac Alloys
Max irons
Lkab Minerals

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Swinging counterweights
Fixed counterweights
By Material:
Iron & steel
Concrete
Others
By Application:
Elevators
Cranes
Forklifts
Excavators
Lifts
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Industrial Counterweights Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Industrial Counterweights Market , by Region, 2019-2027 (USD Billion)
  1.2.2. Industrial Counterweights Market , by Product Type, 2019-2027 (USD Billion)
  1.2.3. Industrial Counterweights Market , by Material , 2019-2027 (USD Billion)
  1.2.4. Industrial Counterweights Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET DYNAMICS

3.1. Industrial Counterweights Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Increasing demand for cast-iron counterweights for off-highway equipment applications
    3.1.1.2. Rising demand for heavy machinery from construction sector will propel the demand for counterweights
  3.1.2. Market Restraint
    3.1.2.1. Stringent government regulations restricting use of lead counterweights
    3.1.2.2. Varying cost of counterweights by material restricting use of proper counterweights in different applications
  3.1.3. Market Opportunities
    3.1.3.1. Generation of additional demand for material handling equipment by booming retail sector

CHAPTER 4. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET , BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Industrial Counterweights Market by Product Type, Performance - Potential Analysis
5.3. Global Industrial Counterweights Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Industrial Counterweights Market , Sub Segment Analysis
  5.4.1. Swinging counterweights
  5.4.2. Fixed counterweights

CHAPTER 6. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET , BY MATERIAL

a. Market Snapshot
6.1. Global Industrial Counterweights Market by Material, Performance - Potential Analysis
6.2. Global Industrial Counterweights Market Estimates & Forecasts by Material 2018-2027 (USD Billion)
6.3. Industrial Counterweights Market , Sub Segment Analysis
  6.3.1. Iron & steel
  6.3.2. Concrete
  6.3.3. Others

CHAPTER 7. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET , BY APPLICATION

b. Market Snapshot
7.1. Global Industrial Counterweights Market by Application, Performance - Potential Analysis
7.2. Global Industrial Counterweights Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.3. Industrial Counterweights Market , Sub Segment Analysis
  7.3.1. Elevators
  7.3.2. Cranes
  7.3.3. Forklifts
  7.3.4. Excavators
  7.3.5. Lifts
  7.3.6. Others

CHAPTER 8. GLOBAL INDUSTRIAL COUNTERWEIGHTS MARKET , REGIONAL ANALYSIS

8.1. Industrial Counterweights Market , Regional Market Snapshot
8.2. North America Industrial Counterweights Market
  8.2.1. U.S. Industrial Counterweights Market
    8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027
    8.2.1.2. Material breakdown estimates & forecasts, 2018-2027
    8.2.1.3. Application breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Industrial Counterweights Market
8.3. Europe Industrial Counterweights Market Snapshot
  8.3.1. U.K. Industrial Counterweights Market
  8.3.2. Germany Industrial Counterweights Market
  8.3.3. France Industrial Counterweights Market
  8.3.4. Spain Industrial Counterweights Market
  8.3.5. Italy Industrial Counterweights Market
  8.3.6. Rest of Europe Industrial Counterweights Market
8.4. Asia-Pacific Industrial Counterweights Market Snapshot
  8.4.1. China Industrial Counterweights Market
  8.4.2. India Industrial Counterweights Market
  8.4.3. Japan Industrial Counterweights Market
  8.4.4. Australia Industrial Counterweights Market
  8.4.5. South Korea Industrial Counterweights Market
  8.4.6. Rest of Asia Pacific Industrial Counterweights Market
8.5. Latin America Industrial Counterweights Market Snapshot
  8.5.1. Brazil Industrial Counterweights Market
  8.5.2. Mexico Industrial Counterweights Market
8.6. Rest of The World Industrial Counterweights Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Sic Lazaro
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Crescent Foundry
  9.2.3. Gallizo
  9.2.4. Mars Metal
  9.2.5. Ultraray Metals
  9.2.6. ISC
  9.2.7. Vietnam Cast Iron
  9.2.8. Amac Alloys
  9.2.9. Max Iron
  9.2.10. Lkab Minerals

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 2. Global Industrial Counterweights Market , report scope
TABLE 3. Global Industrial Counterweights Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Industrial Counterweights Market estimates & forecasts by Product Type 2018-2027 (USD Billion)
TABLE 5. Global Industrial Counterweights Market estimates & forecasts by Material 2018-2027 (USD Billion)
TABLE 6. Global Industrial Counterweights Market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 7. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Industrial Counterweights Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Global Industrial Counterweights Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. U.S. Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. U.S. Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Canada Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. Canada Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Canada Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. UK Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. UK Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. UK Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. Germany Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. Germany Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. Germany Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. France Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. France Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. France Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Spain Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Spain Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Spain Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. Italy Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. Italy Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Italy Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. ROE Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. ROE Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. ROE Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. China Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. China Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. China Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. India Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. India Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. India Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Japan Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Japan Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Japan Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. Australia Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 57. Australia Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. Australia Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 59. South Korea Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 60. South Korea Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. South Korea Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 62. ROPAC Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 63. ROPAC Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. ROPAC Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 65. Brazil Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 66. Brazil Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Brazil Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 68. Mexico Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 69. Mexico Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. Mexico Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 71. ROLA Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 72. ROLA Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROLA Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 74. ROW Industrial Counterweights Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 75. ROW Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. ROW Industrial Counterweights Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 77. List of secondary sources used in the study of global Industrial Counterweights Market .
TABLE 78. List of primary sources used in the study of global Industrial Counterweights Market .
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.
LIST OF FIGURES

FIG 1. Global Industrial Counterweights Market , research methodology
FIG 2. Global Industrial Counterweights Market , market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Industrial Counterweights Market , key trends 2020
FIG 5. Global Industrial Counterweights Market , growth prospects 2021-2027
FIG 6. Global Industrial Counterweights Market , porters 5 force model
FIG 7. Global Industrial Counterweights Market , pest analysis
FIG 8. Global Industrial Counterweights Market , value chain analysis
FIG 9. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Industrial Counterweights Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Industrial Counterweights Market , regional snapshot 2018 & 2027
FIG 18. North America Industrial Counterweights Market 2018 & 2027 (USD Billion)
FIG 19. Europe Industrial Counterweights Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Industrial Counterweights Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Industrial Counterweights Market 2018 & 2027 (USD Billion)
FIG 22. Global Industrial Counterweights Market , company market share analysis (2020)


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