Development and challenges of wire rope electric hoist

With Chinese government’s support police and big investment in infrastructure, the wire rope electric hoist industry in our country has made huge  development, the statistical data is from the second half of 2015, most of small and medium enterprises benefit from the increasing environment, but due to gradual decline of global market for wire rope electric hoist, the market is affected somewhat. So current situation for wire rope electric hoist development is not ideal, with high competition and low profit, the whole crane industry is still uncertain.
Therefore, we encourage wire rope electric hoist enterprises especially those small and medium should pay more attention to rational growth, making market segmentation and out of a road of independent innovation: 1st, enterprises should accelerate scientific and technological achievements output efficiency, make more stable operation and configuration standardization based on mature technology, increase research for core technology and optimize the product structure, develop independent brand cultivation value; 2nd, each wire rope electric hoist enterprise should strengthen cooperation and exchanges, build industry sharing platform in the field of crane technology, security technology, environmental technology, energy-saving technology, making high-end and customers’ favored wire rope electric hoist in the market as our goal; 3rd, enterprises competition in the market continue to explore hoist development and die out those outdated, makes each one constantly adjust itself and meet the development requirements both domestic or abroad, and also improve market service. Finally, enterprises must strengthen their ability to cope with unknown market and optimize allocation of market resources.