The global Load Moment Indicator market was valued at 90.31 Million USD in 2021 and will grow with a CAGR of .66% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Load moment indicator means a system which aids the equipment operator by sensing (directly or indirectly) the overturning moment on the equipment, i.e., load multiplied by radius. It compares this lifting condition to the equipment`s rated capacity, and indicates to the operator the percentage of capacity at which the equipment is working. Lights, bells, or buzzers may be incorporated as a warning of an approaching overload condition.In the coming years there is an increasing technology breakthrough for load moment indicators in the regions of North America and Europe that is expected to drive the market for more advanced load moment indicators. Increasing of construction and industrial used fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of load moment indicators of APAC will drive growth of the global market. Globally, the load moment indicators industry market is an oligopoly as the manufacturing technology of load moment indicators is relatively high. And some enterprises, like Wika, Rayco-Wylie and Yichang Jinglian etc. are well-known for the wonderful performance of their load moment indicators and related services. At the same time, Asia-Pacific, occupied 66.98% sales market share in 2017, is remarkable in the global load moment indicators industry because of their market share and demand of load moment indicators.

By Market Verdors:

Wika

Rayco-Wylie

Yichang Jinglian

TWG Dover

Parker Electronic Controls

Cranesmart Systems

Weite Technologies

Suns Technology

Wylie Indicators

Shanghai Xiya

Keli Sensing

Wide Technology

Yichang Wanpu

Chengdu Hi-Tech Crane Safety

Markload Systems

By Types:

Tower Crane

Vehicle Crane

By Applications:

Construction

Industrial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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