Shank Hooks Market
Shank Hooks Market Analysis by Hook Type (Single-forged, Ramshorn-forged, Quad-forged Shank Hooks), by Product Type (Machined, Unmachined Shank Hooks), by Workload, by End-use Vertical, by Sales Channel, by Region - Global Forecast 2022 to 2032
Analysis of Shank Hooks market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Shank Hooks Market Outlook (2022 to 2032)
Newly-released data from the shank hooks market analysis reveals that global demand for shank hooks enjoyed year-on-year (YoY) volume growth of 2.5% in 2022. Over all, the global shank hooks market is predicted to expand at 4.6% CAGR to increase from a valuation of US$ 37.5 Mn in 2022 to US$ 58.9 Mn by 2032.
| Report Attributes | Details |
|---|---|
| Shank Hooks Market Size (2021A) | US$ 36.3 Mn |
| Estimated Market Value (2022E) | US$ 37.5 Mn |
| Forecast Market Value (2032F) | US$ 58.9 Mn |
| Global Market Growth Rate (2022 to 2032) | 4.6% CAGR |
| East Asia Market Share (2022) | 24.6% |
| Market Share of Top 5 Companies | ~35% |
| Key Companies Profiled | Crosby Group; Henan Kino Cranes Co., Ltd.; IRIZAR FORGE; Henan Huabei Lifting Hook Co.Ltd; William Hackett Lifting Products Ltd; B.E.M. Co. Pvt. Ltd |
Demand for single-forged shank hooks is set to grow 3.3% to US$ 30 Mn in 2022, while revenue from ramshorn-forged shank hooks will top US$ 8.1 Mn by 2032.
Fact.MR, a market research and competitive intelligence provider, foresees thriving growth in shank hook demand. Equipment cost of shank hooks is based on the type of forging, type of hook, complexity, and other features. Equipment cost of lifting hooks is generally around 16% of the total cost.
Higher pricing range for shank hooks provides a competitive advantage to operating players as pricing variation is proportional to workload (tons). The shank clips & hooks market accounted for nearly 15% of the overall lifting hooks market in 2022.
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Demand Analysis of Shank Hooks (2017 to 2021) Vs. Forecast Market Outlook (2022 to 2032)
Being a moderately consolidated market, newer entrants are challenged by the fierce competition existing between frontrunners, which offsets the little opportunity that exists to get established as one of the prominent players in the short term.
Besides, the manufacturing of shank hooks, including straight shank hooks, long shank hooks, shank clips, long shank circle hooks, long shank treble hooks, long shank jig hooks, open shank treble hooks, eagle claw long shank hooks, and even plain shank hooks requires setting up of sophisticated industrial equipment, which again poses a financial hurdle for new shank clip & hook suppliers with limited cash in hand.
However, the overall market stands lucrative creating an absolute dollar opportunity of US$ 21.4 Mn over the assessment period (2022 to 2032).
- Single-forged hook type segment is expected to expand at a CAGR of 4.8% over the forecast period.
- On the basis of workload, 200-500 ton shank hooks are projected to dominate the market by accounting for over 20% share by 2032.
- The market in Europe is projected to grow 1.4X during forecast period.
- Machined shank hooks are expected to garner an absolute $ opportunity of nearly US$ 7 Mn by 2032.
- North America is estimated to account for 25% revenue share of the global market by 2032.
What’s Driving the Market for Shank Hooks?
“Logistics & Transportation Sector Boost to Drive Product Advancement”
Logistics and transportation are two key industries where shank hooks are being widely used, since these industries comprise huge rigging and lifting operations. Use of various control systems, which are backed by technological advancements, make rigging and lifting operations easier.
This automation is expected to impact demand for shank hooks and their accessories such as hoist chains, shackles, and others. Use of shank hooks is also done to increase efficiency, reduce time in the supply chain, and decrease overall cost. Warehouse management and logistics is expected to notice a huge rise in the coming years, which will further drives sales of shank hooks.
“High Accuracy & Durability Accelerating Sales of Shank Hooks”
Lifting systems are known for their high speed and ability to do the job continuously at a very high rate. Hence, they are increasingly being used in all applications where speed and efficiency are important factors and the need to perform the same operations repetitively is very high.
Shank hooks are finding more and more application because of their streamlined and productive outcome in construction, energy, manufacturing, automotive, logistics, recovery vehicles, and several other sectors.
Moreover, the operational life of shank hooks is considered to be excellent and the return on investment is also considered to be good. Lifting equipment such as shank hooks turn tedious maneuvering operations into easily accomplishable operations, providing higher output with exceptional accuracy.
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What are the Potential Restraints Limiting Shank Hook Sales?
“Emergence of Automatic Lifting Hooks to Dent Market Surge”
Technological advancements such as automatic lifting hooks, which can be used as a substitute for shank hooks, are expected to have a negative impact on the sales of shank hooks during the forecast period.
Automatic lifting hooks are still at a nascent stage; however, advantages such as ease in usability due to remote hooking and unhooking, ease of using convenient slinging method for different applications, and use of magnetic systems that will increase the efficiency and safety in different lifting operations are driving their demand.
Automatic lifting systems also come with a sensor, which notifies the user about the ring position, and enhances safety, making them viable for heavy-duty loads. Automatic lifting hooks are currently used for a working load limit up to 40 tons. These features are expected to hamper shank hooks market growth.
Country Wise Analysis
How is China Leading the Race for Highest Market Share of Shank Hooks?
“Expanding Construction Sector Drive Shank Hook Demand in China”
China’s construction sector dominates the economic development in the country. Construction output value accounted for close to 26% of China's GDP in 2020, seeing a year-on-year growth rate of 6.2% from 2019.
Units installed of lifting cranes are increasing year-on-year, providing a boost to the sales of long shank hooks in China. The China shank hooks market is predicted to expand at a CAGR of 5.3% as a result of these factors.
Apart from this, growing number of manufacturers and sales of mobile construction cranes are acquiring control over the market and would aid regional market growth. The China shank hooks market is expected to reach a valuation of US$ 9 Mn by the end of 2032.
What is Playing a Pivotal Role in Higher Market Penetration in India?
“Transport & Construction Companies to Remain Huge End Users of Shank Hooks”
The construction sector in India is expected to expand at a CAGR of a little over 6.5% during period of 2022 to 2025, on the back of investments of US$ 1.5 trillion with National Infrastructure Pipeline during 2020 to 2025. High-scale construction activities and at a fast pace have increased the sales of cranes in the country.
Construction and transportation end-use verticals are prominent sectors in the country, providing significant boost to the adoption of lifting hooks. The India shank hooks market is estimated to reach a valuation of US$ 2 Mn in 2022, and thereby capture around 30% market share in South Asia & Oceania regional market
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Category wise Insights
Which End-use Industry Should Be the Focus of Shank Hook Manufacturers?
“Shank Hooks for Construction as End Use to Remain Highly Profitable”
During the forecast period of 2022 to 2033, the global cranes market is expected to increase at a CAGR of 4.5%, from US$ 37 Bn in 2022 to US$ 52 Bn by 2032.
Crane demand has been steadily increasing due to their variable capacity to lift and transport heavy materials that are beyond the capabilities of manual labor. Cranes have been constructed with technology that allows them to efficiently meet a variety of industrial needs, including difficult lifting and lowering duties in hazardous locations.
Higher use case for hooks in construction cranes has provided significant boost to the sales of long shank hooks and straight shank hooks with a potential growth rate of around 4.1% during the assessment period.
Which Sales Channel is Likely to Witness Accelerated Demand Growth?
“Aftermarket to Drive High Volume Sales of Shank Hooks”
To attract new customers, market players have been involved in unique market strategies, one of which is custom-made lifting solutions.
From the past decade, manufacturers have offered customization of lifting solutions based on end use and required specifications, which gives a free reign to customers to avail their desired hook type, as they can choose whatever they want from the broad list provided by the manufacturer. This also allows customers to select the mechanical design.
Thereby, the aftermarket segment is expected to grow 1.5X over the next ten years.
Competitive Landscape
Fact.MR has profiled the following key shank hook manufacturers in its report: GN Rope Fittings, Henan All-Where Crane Co.Ltd, Henan Huabei Lifting Hook Co. Ltd., Henan Kino Cranes Co., Ltd., IRIZAR FORGE, Liftvel Industries, M Engineering, M.K. Forge, Powermech Engineering, William Hackett Lifting Products Ltd, Stahlhammer Bommern, European Lifting Devices, ELD Feat Group, Heuer Hebetechnik, and Akyuzlu Forge.
These key shank hooks manufacturers are constantly innovating in product designs to meet the modern-day challenges pertaining to components in the crane environment.
Besides, collaborations and partnerships have been the go-to strategy for shank hook suppliers, with market players focusing on establishing long-term relationships with customers.
Key Segments Covered in Shank Hooks Industry Survey
-
By Hook Type:
- Single-forged Shank Hooks
- Ramshorn-forged Shank Hooks
- Quad-forged Shank Hooks
-
By Product Type:
- Machined Shank Hooks
- Unmachined Shank Hooks
-
By Workload:
- Below 10 Ton Shank Hooks
- 10-25 Ton Shank Hooks
- 25-50 Ton Shank Hooks
- 50-75 Ton Shank Hooks
- 75-100 Ton Shank Hooks
- 100-200 Ton Shank Hooks
- 200-500 Ton Shank Hooks
- Over 500 Ton Shank Hooks
-
By End-use Vertical:
- Construction
- Logistics and Transportation
- Automotive
- Industrial
- Power & Energy
- Oil & Gas
- Others
-
By Sales Channel:
- OEM
- Aftermarket
-
By Region:
- North America Shank Hooks Market
- Latin America Shank Hooks Market
- Europe Shank Hooks Market
- East Asia Shank Hooks Market
- South Asia & Oceania Shank Hooks Market
- MEA Shank Hooks Market
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data Points
- 4. Key Success Factors
- 5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 6. Global Market – Pricing Analysis
- 7. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Hook Type
- 8.1. Single Forged
- 8.2. Ramshorn Forged
- 8.3. Quad Forged
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 9.1. Machined
- 9.2. Unmachined
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Work Load (Tons)
- 10.1. Below 10 Tons
- 10.2. 10-25 Tons
- 10.3. 25-50 Tons
- 10.4. 50-75 Tons
- 10.5. 75-100 Tons
- 10.6. 100 to 200 Tons
- 10.7. 200-500 Tons
- 10.8. Over 500 Tons
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Vertical
- 11.1. Construction
- 11.2. Logistics and Transportation
- 11.3. Automotive
- 11.4. Industrial
- 11.5. Power & Energy
- 11.6. Oil & Gas
- 11.7. Others
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
- 12.1. OEM
- 12.2. Aftermarket
- 13. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia & Oceania
- 13.6. Middle East and Africa (MEA)
- 14. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Country Wise Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. AUZAC Co. Ltd.Overview
- 22.2. B.E.M. Co. Pvt. Ltd
- 22.3. Crosby Group
- 22.4. GN Rope Fittings
- 22.5. Henan All-Where Crane Co.Ltd
- 22.6. Henan Huabei Lifting Hook Co. Ltd.
- 22.7. Henan Kino Cranes Co., Ltd.
- 22.8. IRIZAR FORGE
- 22.9. Liftvel Industries
- 22.10. M M Engineering
- 22.11. M.K. Forge
- 22.12. Powermech Engineering
- 22.13. William Hackett Lifting Products Ltd
- 22.14. Stahlhammer Bommern
- 22.15. European Lifting Devices, ELD Feat Group
- 22.16. Heuer Hebetechnik
- 22.17. Akyuzlu Forge
- 23. Appendix
- 24. Assumptions and Acronyms Used
- 25. Research Methodology
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List Of Table
Table No 1. Global Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 2. Global Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 3. Global Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 4. Global Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 5. Global Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 6. Global Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 7. Global Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 8. Global Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 9. Global Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 10. Global Market Value (US$ Mn) and Forecast by Region, 2017 to 2032
Table No 11. Global Market Volume (Units) and Forecast by Region, 2017 to 2032
Table No 12. North America Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 13. North America Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 14. North America Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 15. North America Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 16. North America Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 17. North America Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 18. North America Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 19. North America Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 20. North America Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 21. North America Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 22. North America Market Volume (Units) and Forecast by Country, 2017 to 2032
Table No 23. Latin America Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 24. Latin America Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 25. Latin America Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 26. Latin America Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 27. Latin America Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 28. Latin America Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 29. Latin America Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 30. Latin America Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 31. Latin America Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 32. Latin America Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 33. Latin America Market Volume (Units) and Forecast by Country, 2017 to 2032
Table No 34. Europe Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 35. Europe Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 36. Europe Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 37. Europe Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 38. Europe Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 39. Europe Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 40. Europe Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 41. Europe Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 42. Europe Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 43. Europe Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 44. Europe Market Volume (Units) and Forecast by Country, 2017 to 2032
Table No 45. East Asia Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 46. East Asia Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 47. East Asia Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 48. East Asia Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 49. East Asia Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 50. East Asia Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 51. East Asia Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 52. East Asia Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 53. East Asia Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 54. East Asia Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 55. East Asia Market Volume (Units) and Forecast by Country, 2017 to 2032
Table No 56. South Asia & Oceania Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 57. South Asia & Oceania Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 58. South Asia & Oceania Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 59. South Asia & Oceania Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 60. South Asia & Oceania Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 61. South Asia & Oceania Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 62. South Asia & Oceania Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 63. South Asia & Oceania Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 64. South Asia & Oceania Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 65. South Asia & Oceania Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 66. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2017 to 2032
Table No 67. Middle East & Africa Market Value (US$ Mn) and Forecast By Hook Type, 2017 to 2032
Table No 68. Middle East & Africa Market Value (US$ Mn) and Forecast By Product Type, 2017 to 2032
Table No 69. Middle East & Africa Market Volume (Units) and Forecast By Product Type, 2017 to 2032
Table No 70. Middle East & Africa Market Value (US$ Mn) and Forecast By Work Load (Tons), 2017 to 2032
Table No 71. Middle East & Africa Market Volume (Units) and Forecast By Work Load (Tons), 2017 to 2032
Table No 72. Middle East & Africa Market Value (US$ Mn) and Forecast By End Use Vertical, 2017 to 2032
Table No 73. Middle East & Africa Market Volume (Units) and Forecast By End Use Vertical, 2017 to 2032
Table No 74. Middle East & Africa Market Value (US$ Mn) and Forecast By Sales Channel, 2017 to 2032
Table No 75. Middle East & Africa Market Volume (Units) and Forecast By Sales Channel, 2017 to 2032
Table No 76. Middle East & Africa Market Value (US$ Mn) and Forecast by Country, 2017 to 2032
Table No 77. Middle East & Africa Market Volume (Units) and Forecast by Country, 2017 to 2032
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List Of Figures
Figure No 1. Global Market Volume (Units) and Value (US$ Mn) Analysis, 2016, 2021 and 2031
Figure No 2. Global Market Value (US$ Mn) Scenario Forecast, 2021 & 2031
Figure No 3. Global Market Pricing Analysis by Work Load (Tons) Segment, 2021
Figure No 4. Global Market Pricing Analysis by Region (Tons) Segment, 2021
Figure No 5. Global Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 6. Global Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 7. Global Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 8. Global Market Incremental $ Opportunity, 2021 to 2031
Figure No 9. Global Market Share by Hook Type – 2021 & 2031
Figure No 10. Global Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 11. Global Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 12. Global Market Value (US$ Mn), Volume (Units) and Forecast by Single Forged, 2016 to 2031
Figure No 13. Global Market Incremental $ Opportunity by Single Forged, 2020 to 2031
Figure No 14. Global Market Value (US$ Mn), Volume (Units) and Forecast by Ramshorn Forged, 2016 to 2031
Figure No 15. Global Market Incremental $ Opportunity by Ramshorn Forged, 2020 to 2031
Figure No 16. Global Market Value (US$ Mn), Volume (Units) and Forecast by Quad Forged, 2016 to 2031
Figure No 17. Global Market Incremental $ Opportunity by Quad Forged, 2020 to 2031
Figure No 18. Global Market Share by Product Type – 2021 & 2031
Figure No 19. Global Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 20. Global Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 21. Global Market Value (US$ Mn), Volume (Units) and Forecast by Machined, 2016 to 2031
Figure No 22. Global Market Incremental $ Opportunity by Machined, 2020 to 2031
Figure No 23. Global Market Value (US$ Mn), Volume (Units) and Forecast by Unmachined, 2016 to 2031
Figure No 24. Global Market Incremental $ Opportunity by Unmachined, 2020 to 2031
Figure No 25. Global Market Share by Work Load – 2021 & 2031
Figure No 26. Global Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 27. Global Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 28. Global Market Value (US$ Mn), Volume (Units) and Forecast by 32-40 Tons, 2016 to 2031
Figure No 29. Global Market Incremental $ Opportunity by 32-40 Tons, 2020 to 2031
Figure No 30. Global Market Value (US$ Mn), Volume (Units) and Forecast by 40-45 Tons, 2016 to 2031
Figure No 31. Global Market Incremental $ Opportunity by 40-45 Tons, 2020 to 2031
Figure No 32. Global Market Value (US$ Mn), Volume (Units) and Forecast by 45-50 Tons, 2016 to 2031
Figure No 33. Global Market Incremental $ Opportunity by 45-50 Tons, 2020 to 2031
Figure No 34. Global Market Value (US$ Mn), Volume (Units) and Forecast by 50-60 Tons, 2016 to 2031
Figure No 35. Global Market Incremental $ Opportunity by 50-60 Tons, 2020 to 2031
Figure No 36. Global Market Value (US$ Mn), Volume (Units) and Forecast by 60-100 Tons, 2016 to 2031
Figure No 37. Global Market Incremental $ Opportunity by 60-100 Tons, 2020 to 2031
Figure No 38. Global Market Value (US$ Mn), Volume (Units) and Forecast by 100 to 200 Tons, 2016 to 2031
Figure No 39. Global Market Incremental $ Opportunity by 100 to 200 Tons, 2020 to 2031
Figure No 40. Global Market Value (US$ Mn), Volume (Units) and Forecast by 200-500 Tons, 2016 to 2031
Figure No 41. Global Market Incremental $ Opportunity by 200-500 Tons, 2020 to 2031
Figure No 42. Global Market Value (US$ Mn), Volume (Units) and Forecast by Over 500 Tons, 2016 to 2031
Figure No 43. Global Market Incremental $ Opportunity by Over 500 Tons, 2020 to 2031
Figure No 44. Global Market Share by End Use Vertical – 2021 & 2031
Figure No 45. Global Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 46. Global Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 47. Global Market Value (US$ Mn), Volume (Units) and Forecast by Construction, 2016 to 2031
Figure No 48. Global Market Incremental $ Opportunity by Construction, 2020 to 2031
Figure No 49. Global Market Value (US$ Mn), Volume (Units) and Forecast by Logistics and Transportation, 2016 to 2031
Figure No 50. Global Market Incremental $ Opportunity by Logistics and Transportation, 2020 to 2031
Figure No 51. Global Market Value (US$ Mn), Volume (Units) and Forecast by Automotive, 2016 to 2031
Figure No 52. Global Market Incremental $ Opportunity by Automotive, 2020 to 2031
Figure No 53. Global Market Value (US$ Mn), Volume (Units) and Forecast by Industrial, 2016 to 2031
Figure No 54. Global Market Incremental $ Opportunity by Industrial, 2020 to 2031
Figure No 55. Global Market Value (US$ Mn), Volume (Units) and Forecast by Power & Energy, 2016 to 2031
Figure No 56. Global Market Incremental $ Opportunity by Power & Energy, 2020 to 2031
Figure No 57. Global Market Value (US$ Mn), Volume (Units) and Forecast by Oil & Gas, 2016 to 2031
Figure No 58. Global Market Incremental $ Opportunity by Oil & Gas, 2020 to 2031
Figure No 59. Global Market Value (US$ Mn), Volume (Units) and Forecast by Others, 2016 to 2031
Figure No 60. Global Market Incremental $ Opportunity by Others, 2020 to 2031
Figure No 61. Global Market Share by Region– 2021 & 2031
Figure No 62. Global Market Y-o-Y Growth Projections by Region, 2021 to 2031
Figure No 63. Global Market Attractiveness Analysis by Region, 2021 to 2031
Figure No 64. North America Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 65. North America Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 66. North America Market Incremental $ Opportunity, 2020 to 2031
Figure No 67. North America Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 68. North America Market Share by Country– 2021 & 2031
Figure No 69. North America Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 70. North America Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 71. North America Market Share by Hook Type – 2021 & 2031
Figure No 72. North America Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 73. North America Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 74. North America Market Share by Product Type – 2021 & 2031
Figure No 75. North America Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 76. North America Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 77. North America Market Share by Work Load – 2021 & 2031
Figure No 78. North America Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 79. North America Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 80. North America Market Share by End Use Vertical – 2021 & 2031
Figure No 81. North America Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 82. North America Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 83. Latin America Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 84. Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 85. Latin America Market Incremental $ Opportunity, 2020 to 2031
Figure No 86. Latin America Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 87. Latin America Market Share by Country– 2021 & 2031
Figure No 88. Latin America Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 89. Latin America Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 90. Latin America Market Share by Hook Type – 2021 & 2031
Figure No 91. Latin America Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 92. Latin America Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 93. Latin America Market Share by Product Type – 2021 & 2031
Figure No 94. Latin America Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 95. Latin America Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 96. Latin America Market Share by Work Load – 2021 & 2031
Figure No 97. Latin America Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 98. Latin America Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 99. Latin America Market Share by End Use Vertical – 2021 & 2031
Figure No 100. Latin America Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 101. Latin America Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 102. Europe Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 103. Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 104. Europe Market Incremental $ Opportunity, 2020 to 2031
Figure No 105. Europe Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 106. Europe Market Share by Country– 2021 & 2031
Figure No 107. Europe Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 108. Europe Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 109. Europe Market Share by Hook Type – 2021 & 2031
Figure No 110. Europe Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 111. Europe Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 112. Europe Market Share by Product Type – 2021 & 2031
Figure No 113. Europe Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 114. Europe Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 115. Europe Market Share by Work Load – 2021 & 2031
Figure No 116. Europe Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 117. Europe Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 118. Europe Market Share by End Use Vertical – 2021 & 2031
Figure No 119. Europe Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 120. Europe Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 121. East Asia Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 122. East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 123. East Asia Market Incremental $ Opportunity, 2020 to 2031
Figure No 124. East Asia Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 125. East Asia Market Share by Country– 2021 & 2031
Figure No 126. East Asia Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 127. East Asia Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 128. East Asia Market Share by Hook Type – 2021 & 2031
Figure No 129. East Asia Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 130. East Asia Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 131. East Asia Market Share by Product Type – 2021 & 2031
Figure No 132. East Asia Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 133. East Asia Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 134. East Asia Market Share by Work Load – 2021 & 2031
Figure No 135. East Asia Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 136. East Asia Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 137. East Asia Market Share by End Use Vertical – 2021 & 2031
Figure No 138. East Asia Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 139. East Asia Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 140. South Asia & Oceania Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 141. South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 142. South Asia & Oceania Market Incremental $ Opportunity, 2020 to 2031
Figure No 143. South Asia & Oceania Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 144. South Asia & Oceania Market Share by Country– 2021 & 2031
Figure No 145. South Asia & Oceania Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 146. South Asia & Oceania Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 147. South Asia & Oceania Market Share by Hook Type – 2021 & 2031
Figure No 148. South Asia & Oceania Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 149. South Asia & Oceania Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 150. South Asia & Oceania Market Share by Product Type – 2021 & 2031
Figure No 151. South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 152. South Asia & Oceania Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 153. South Asia & Oceania Market Share by Work Load – 2021 & 2031
Figure No 154. South Asia & Oceania Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 155. South Asia & Oceania Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 156. South Asia & Oceania Market Share by End Use Vertical – 2021 & 2031
Figure No 157. South Asia & Oceania Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 158. South Asia & Oceania Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
Figure No 159. Middle East & Africa Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2016 to 2020
Figure No 160. Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2017 to 2031
Figure No 161. Middle East & Africa Market Incremental $ Opportunity, 2020 to 2031
Figure No 162. Middle East & Africa Market Value (US$ Mn), Volume (Units) Forecast and Analysis, 2021 to 2031
Figure No 163. Middle East & Africa Market Share by Country– 2021 & 2031
Figure No 164. Middle East & Africa Market Y-o-Y Growth Projections by Country, 2021 to 2031
Figure No 165. Middle East & Africa Market Attractiveness Analysis by Country, 2021 to 2031
Figure No 166. Middle East & Africa Market Share by Hook Type – 2021 & 2031
Figure No 167. Middle East & Africa Market Y-o-Y Growth Projections by Hook Type, 2021 to 2031
Figure No 168. Middle East & Africa Market Attractiveness Analysis by Hook Type, 2021 to 2031
Figure No 169. Middle East & Africa Market Share by Product Type – 2021 & 2031
Figure No 170. Middle East & Africa Market Y-o-Y Growth Projections by Product Type, 2021 to 2031
Figure No 171. Middle East & Africa Market Attractiveness Analysis by Product Type, 2021 to 2031
Figure No 172. Middle East & Africa Market Share by Work Load – 2021 & 2031
Figure No 173. Middle East & Africa Market Y-o-Y Growth Projections by Work Load, 2021 to 2031
Figure No 174. Middle East & Africa Market Attractiveness Analysis by Work Load, 2021 to 2031
Figure No 175. Middle East & Africa Market Share by End Use Vertical – 2021 & 2031
Figure No 176. Middle East & Africa Market Y-o-Y Growth Projections by End Use Vertical, 2021 to 2031
Figure No 177. Middle East & Africa Market Attractiveness Analysis by End Use Vertical, 2021 to 2031
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- FAQs -
What is the expected valuation of the shank hooks market by 2032?
The global shank hooks market is likely to reach a valuation of US$ 58.9 Mn by the end of 2032.
How are single forged as hook type performing?
Single-forged shank hooks are likely to reach a valuation of around US$ 48 Mn by 2032.
Which region dominates value generation in overall market?
East Asia holds a leading position and is presumed to remain in the same growth curve through the end of 2032.
Which application holds the highest market share in 2022?
The construction sector holds the highest market share of 27% in 2022.
What is the market value of North America in 2022?
The North America shank hooks market is likely to offer great growth prospects with a market valuation of US$ 9 Mn in 2022.
How much market share will the OEM segment hold by 2032?
OEM sales channel is expected to hold a market share of around 32% by 2032.
Shank Hooks Market