According to Stratistics MRC, the Global Industrial Counterweights Market is accounted for $6.70 billion in 2021 and is expected to reach $10.41 billion by 2028 growing at a CAGR of 6.5% during the forecast period.
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Industrial counterweights are integral components of any machinery that is responsible for lifting significantly heavy loads. The purpose of industrial counterweight is to make lifting the load faster and more efficient, which saves energy and is less taxing on the lifting machine.
Some of the key players profiled in the Industrial Counterweights Market include International Steel & Counterweights, Agescan International, Edgetech Industries, Shanxi Huaxiang Group Co. Ltd., Tenwinkel GmbH & Co.KG, Betonfertigteile Ernst Binder GmbH, Casting Quality and Bruckert Beton GmbH.
Types Covered:
• Fixed
• Swinging
Materials Covered:
• Concrete
• Iron & Steel
Applications Covered:
• Excavators
• Grinding Wheels
• Elevators
• Forklifts
• Cranes
• Lifts
End Users Covered:
• Mining
• Construction
• Renewables
• Industrial Manufacturing
• Marine
• Agriculture
• Logistics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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