Industrial Counterweights Market to 2026: Industrial automation is fueling demand for counterweights
New Revenue Pockets:
The industrial counterweights market is expected to grow from an estimated USD 6.7 million in 2021 to USD 8.5 million by 2026, at a CAGR of 4.5% during the forecast period. Cast iron, followed by carbon steel, is widely used in the manufacturing of industrial counterweights. Increasing demand from logistics in industrial environment are expected to offer lucrative opportunities...
Industrial Counterweights Market Report 2021-2026 | Size, Share, Trends, Analysis, Revenue, Competitive Landscape, Forecast
According to the new market research report “Industrial Counterweights Market by Type (Swing Counterweight, Fixed Counterweight), Material (Steel & Iron, Concrete), Application (Elevators, Cranes, Forklift, Excavators, Lifts, Grinding Wheels), End User, and Region-Global forecast to 2026″, size will grow to USD 8.5 billion by 2026 (forecast year) from USD 6.7 billion in 2021 (estimated...
Construction Equipment Rental Market- Analysis, Statistics, Trends, Forecast Report, 2025
The construction equipment rental market is projected to grow from USD 98.6 billion in 2019 to reach USD 121.6 billion by 2024, at a CAGR of 4.3% from 2019 to 2024. The major drivers for the market include the increasing demand for rental equipment due to various benefits, shift in trend towards rental, increasing infrastructure activities in emerging nations, and cost-benefits associated with...