Report Description

Spain Hook Lift Market valued at USD25.04 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 8.58% owing to rising construction activities in the country, expansion in the country’s logistics sector and the government initiatives for enhanced waste management system within the country.

A hook lift truck is a heavy-duty truck chassis that's been fitted with a hydraulic hook lift hoist. The hydraulic hoist system lets contractors, municipalities and other work vehicle users roll on and roll off different truck bodies or containers.

The Expanding Logistics Sector Driving Market Growth

With Spain’s strategic location in Eastern Europe, the country possesses a booming logistics sector, given its connectivity with the other European countries. Spain has a well-developed road transport system, including two of the nine multi-modal European corridors namely, the Trans-European Transport Network (TEN-T). Additionally, Spain has been receiving funds from the European Commission for boosting the transport infrastructure in the country. Furthermore, the country is abode some of the major ports for container movement such as Bahía de Algeciras, Barcelona, and Valencia. Strengthening the transport infrastructure in Spain is likely to propel the Spain Hook Lift Market.

The Strengthening of Waste Management Driving Spain Hook Lift Market.

With a vision of shifting towards a 'Circular Economy' and achieving a reduction in waste management, Spain has been making serious efforts toward the European Commission's waste management objectives of driving a circular economy throughout Europe. This is especially after the European Commission denounced Spain in 2021 as the country was unable to achieve the target of 50% in terms of recycling and reuse of waste. Therefore, through various amendments to Spanish waste law directives, the country has been planning to improve its waste collection and disposal system by primarily separating waste collection for different types of waste (biowaste, plastic waste, electronic waste, etc.), enabling its further processing and recycling at dedicated recycling plants. Given the hook lifts being suitable equipment for waste collection, the Spain Hook Lift market has immense opportunities in Spain's Waste Management sector.

Rising Opportunities in Construction & Mining Driving Market Growth

The Spanish construction sector has been the key driver of the country's economy. With substantial investments that the country has received from both the Government and the private sector, a large volume of projects are underway, such as the 'Basque Y,' which is a high-speed rail route, Rail corridor of the Costa del Sol, among many others. Under the EU Cohesion Policy, the European Commission has allocated approximately USD9.5 billion for the growth and sustainable development of Spain's Transport Infrastructure. Additionally, Spain has an immense mining potential with over 2000 operational mining sites. In Europe, Spain is the only producer of sodium sulfate and a prime producer of fluorspar. The mining activities require efficient and safe quarrying to longer distances, thus making hook lifts most feasible for such operations. Therefore, robust construction and mining activities in Spain are expected to propel the Spain Hook Lift Market.

Increasing Technological Developments in Spain Hook Lift Market 

The Spain Hook Lift Market has been witnessing various technological developments aiming to enhance the operational efficiency of the equipment. For instance, Multi lifts are being developed, which, when attached to a single truck, make the truck versatile for multi-purpose operations. HiVision Camera technology is being installed in the rear of the hook lift systems system, providing real footage of the entire operating area. Furthermore, to cater to climate change and contribute to the European commission's Net Zero Emissions commitment by 2050, the hook lift manufacturers are now manufacturing fully electric Hook Lift equipment. Such equipment is anticipated to reduce carbon footprint while in operations, thereby contributing to sustainability.


Market Segmentation

The Spain Hook Lift Market is segmented based on Capacity, Product Type, Application, Region, and by company. Based on Capacity, the market is further fragmented into the 3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more. Based on Product Type, the market is segmented into Normal, Telescopic, Others. Also, segmentation of the market on grounds of the Application is done into Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North, South, East and Central.


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Company Profiles

B.o.B. Sistemi Idraulici SpA, Hyva Ibérica S.A., Cayvol Comercial, S.L., Jóvenes Industriales Metalúrgicos Componentes Arahalenses, S.L., Palfinger Ibérica, S.L., Hiab Iberia S.L.U., Meiller Iberia SL, VDL Groep BV, and Pris-Mag Srl.are among the major market players in the global platform that lead the market growth of the Spain Hook Lift Market.

Attribute

Details

Market size value in 2021

USD 25.04 Million

Revenue Forecast in 2027

USD 40.68 Million

Growth Rate

8.58%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume (Units) and CAGR for 2017-2021 and 2022-2027

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Capacity

·         Product Type

·         Application

Regional Scope

North; South; East; Central

Key Companies Profiled

B.o.B. Sistemi Idraulici SpA, Hyva Ibérica S.A., Cayvol Comercial, S.L., Jóvenes Industriales Metalúrgicos Componentes Arahalenses, S.L., Palfinger Ibérica, S.L., Hiab Iberia S.L.U., Meiller Iberia SL, VDL Groep BV, and Pris-Mag Srl

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, Spain Hook Lift Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Spain Hook Lift Market, By Capacity:

o   6-10 tons

o   3-5 tons

o   11-15 tons

o   15 tons and more

·         Spain Hook Lift Market, By Product Type:

o   Telescopic

o   Normal

o   Others

·         Spain Hook Lift Market, By Application:

o   Logistics

o   Construction & Mining

o   Waste & Recycling

o   Municipalities

o   Others

·         Spain Hook Lift Market, By Region:

o   East

o   South

o   North

o   Central  

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Spain Hook Lift Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID 19 on Spain Hook Lift Market

4.       Executive Summary

5.       Voice of Customer

5.1.    Brand Awareness

5.2.    Customer Satisfaction

5.3.    Major Challenges Faced

5.4.    Key Factors for Selecting Supplier

6.       Spain Hook Lift Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Capacity (3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more)

6.2.2.By Product Type (Normal, Telescopic, Others)

6.2.3.By Application (Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others)

6.2.4.By Region

6.2.5.By Company (2021)

6.3.    Spain Hook Lift Product Market Map

7.       East Hook Lift Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Capacity (3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more)

7.2.2.By Product Type (Normal, Telescopic, Others)

7.2.3.By Application (Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others)

8.       South Hook Lift Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Capacity (3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more)

8.2.2.By Product Type (Normal, Telescopic, Others)

8.2.3.By Application (Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others)

9.       North Hook Lift Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Capacity (3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more)

9.2.2.By Product Type (Normal, Telescopic, Others)

9.2.3.By Application (Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others)

10.   Central Hook Lift Market Outlook

10.1.   Market Size & Forecast

10.1.1.        By Value & Volume

10.2.   Market Share & Forecast

10.2.1.       By Capacity (3-5 tons, 6-10 tons, 11-15 tons and 15 tons and more)

10.2.2.       By Product Type (Normal, Telescopic, Others)

10.2.3.       By Application (Waste & Recycling, Construction & Mining, Municipalities, Logistics, Others)

11.   Market Dynamics

11.1.                         Drivers

11.2.                         Challenges                        

12.   Market Trends and Developments

13.   Policy & Regulatory Landscape

14.   Spain Economic Profile

15.   Competitive Landscape

15.1.       Hyva Iberica SA

15.2.       Cayvol Comercial, S.L.

15.3.       VDL Groep BV

15.4.       Pris-Mag Srl

15.5.         Palfinger Ibérica, S.L.

15.6.         Meiller Iberia SL

15.7.         Hiab Iberia S.L.U.

15.8.         Marrel SAS

15.9.         BoB Sistemi Idraulici SpA

15.10.      Jóvenes Industriales Metalúrgicos Componentes Arahalenses, S.L.

16.   Strategic Recommendations

17.   About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Spain Hook Lift Market Size, By Value (USD Million), 2017-2027F

Figure 2: Spain Hook Lift Market Size, By Volume (Units), 2017-2027F

Figure 3:  Spain Hook Lift Market Share, By Capacity, By Value, 2017-2027F

Figure 4:  Spain Hook Lift Market Share, By Product Type, By Value, 2017-2027F

Figure 5:  Spain Hook Lift Market Share, By Application, By Value, 2017-2027F

Figure 6:  Spain Hook Lift Market Share, By Region, By Value, 2017-2027F

Figure 7:  Spain Hook Lift Market Share, By Company, By Value, 2021

Figure 8:  Spain Hook Lift Market Map, By Capacity, Market Size (USD Million) & Growth Rate (%)

Figure 9:  Spain Hook Lift Market Map, By Product Type, Market Size (USD Million) & Growth Rate (%)

Figure 10: Spain Hook Lift Market Map, By Application, Market Size (USD Million) & Growth Rate (%)

Figure 11: Spain Hook Lift Market Map, By Region, Market Size (USD Million) & Growth Rate (%)

Figure 12: East Spain Hook Lift Market Size, By Value (USD Million), 2017-2027F

Figure 13: East Spain Hook Lift Market Size, By Volume (Units), 2017-2027F

Figure 14: East Spain Hook Lift Market Share, By Capacity, By Value, 2017-2027F

Figure 15: East Spain Hook Lift Market Share, By Product Type, By Value, 2017-2027F

Figure 16: East Spain Hook Lift Market Share, By Application, By Value, 2017-2027F

Figure 17: South Spain Hook Lift Market Size, By Value (USD Million), 2017-2027F

Figure 18: South Spain Hook Lift Market Size, By Volume (Units), 2017-2027F

Figure 19: South Spain Hook Lift Market Share, By Capacity, By Value, 2017-2027F

Figure 20: South Spain Hook Lift Market Share, By Product Type, By Value, 2017-2027F

Figure 21: South Spain Hook Lift Market Share, By Application, By Value, 2017-2027F

Figure 22: North Spain Hook Lift Market Size, By Value (USD Million), 2017-2027F

Figure 23: North Spain Hook Lift Market Size, By Volume (Units), 2017-2027F

Figure 24: North Spain Hook Lift Market Share, By Capacity, By Value, 2017-2027F

Figure 25: North Spain Hook Lift Market Share, By Product Type, By Value, 2017-2027F

Figure 26: North Spain Hook Lift Market Share, By Application, By Value, 2017-2027F

Figure 27: Central Spain Hook Lift Market Size, By Value (USD Million), 2017-2027F

Figure 28: Central Spain Hook Lift Market Size, By Volume (Units), 2017-2027F

Figure 29: Central Spain Hook Lift Market Share, By Capacity, By Value, 2017-2027F

Figure 30: Central Spain Hook Lift Market Share, By Product Type, By Value, 2017-2027F

Figure 31: Central Spain Hook Lift Market Share, By Application, By Value, 2017-2027F

Frequently asked questions

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The market size of the Spain Hook Lift Market was estimated to be USD 25.04 million in 2021.

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Telescopic segment accounted for a revenue share of 77.62% in the Spain Hook Lift Market in 2021, and it is forecast to grow at a CAGR of 8.77% from 2022E-2027F

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Logistics sector is the dominant segment in the Spain Hook Lift Market accounting for a share of 33.46% in 2021.

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A booming logistics sector and rising opportunities in infrastructure development are the key drivers for the Spain Hook Lift Market.

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Srishti Verma

Business Consultant
Press Release

Spain Hook Lift Market to Grow at a CAGR of 8.58% During the Forecast Period

Jun, 2022

Rising construction activities in Spain and expansion in the country’s logistics sector and are expected to drive the growth of the Spain Hook Lift market.