The global powered lifting equipment market is experiencing robust growth, driven by rising industrial automation, expanding infrastructure projects, and increasing demand for workplace safety and operational efficiency. According to Grand View Research, the global material handling equipment market—of which powered lifting equipment is a critical segment—was valued at USD 183.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. Similarly, Mordor Intelligence projects that the powered lifting equipment market will register a CAGR of over 6.8% during the forecast period of 2023–2028, fueled by adoption in manufacturing, construction, and logistics sectors. As demand for efficient load handling solutions intensifies across geographies, a select group of manufacturers are leading innovation through advanced engineering, smart integration, and scalability. Here’s a data-informed look at the top 10 powered lifting equipment manufacturers shaping the future of material handling.
Top 10 Powered Lifting Equipment Manufacturers 2026
(Ranked by Factory Capability & Trust Score)
#1 Thern®
Domain Est. 1996
Website: thern.com
Key Highlights: Thern, Inc. is a global winch & crane manufacturer with 75+ years of experience, providing top-quality lifting, pulling, & positioning equipment….
#2 Crown Equipment Corporation
Domain Est. 1998
Website: crown.com
Key Highlights: Crown Equipment Corporation is a global manufacturer of material handling equipment, lift trucks and technology, with a network of more than 500 forklift ……
#3 JLG Industries
Domain Est. 1995
Website: jlg.com
Key Highlights: JLG is a leading manufacturer of access equipment. Get up-to-date news, events, tech tips and even machine sightings. Where will you find JLG?…
#4 Columbus McKinnon
Domain Est. 1997
Website: cmco.com
Key Highlights: We are one of the only manufacturers who can offer complete floor-to-ceiling integrated systems for lifting, pulling, securing, and conveying materials….
#5 Elephant Lifting
Domain Est. 2008
Website: elephantlifting.com
Key Highlights: Elephant Lifting Products supplies the world’s highest quality manual chain hoists, lever hoists, and electric chain hoists for industrial applications….
#6 EP Equipment
Domain Est. 2014 | Founded: 2007
Website: ep-equipment.com
Key Highlights: EP Equipment, founded in 2007, is a Hangzhou-based leading manufacturer specialising in lithium-powered warehouse equipment….
#7 Power Lift
Domain Est. 2020
Website: powerliftusa.com
Key Highlights: (800)872-1543 – Power Lift is an industry-leading designer and manufacturer of American-made strength and conditioning equipment….
#8
Domain Est. 1995
Website: genielift.com
Key Highlights: Genie® articulated boom lifts, telescopic boom lifts, scissor lifts and telehandler products are used in a wide range of industries around the world….
#9 Ergonomic Equipment & Lifting Devices at Cynergy Ergonomics
Domain Est. 2004
Website: cynergyergonomics.com
Key Highlights: Cynergy Ergonomics provides lift assist machines that allow operators to easily and effortlessly handle heavy, large products such as machinings, weldments, ……
#10 Heavy Equipment Moving Solutions
Domain Est. 2005
Website: gksweb.com
Key Highlights: Free delivery 30-day returnsGKS provides heavy equipment moving solutions, including machine skates, toe jacks, rotating dollies, and remote-controlled load movers….
Expert Sourcing Insights for Powered Lifting Equipment

H2: 2026 Market Trends for Powered Lifting Equipment
The global market for powered lifting equipment is poised for significant transformation by 2026, driven by technological innovation, shifting industrial demands, and evolving regulatory landscapes. This analysis explores key trends shaping the powered lifting equipment sector—including electric hoists, forklifts, cranes, and aerial work platforms—under the H2 classification framework.
1. Electrification and Energy Transition
A dominant trend by 2026 is the accelerated shift from internal combustion (IC) to electric-powered lifting equipment. Stringent emissions regulations—especially in Europe and North America—and corporate sustainability goals are pushing manufacturers and end-users toward battery-electric models. Advances in lithium-ion and solid-state battery technologies are enhancing runtime, reducing charging times, and lowering total cost of ownership. Warehouse automation and indoor logistics operations are primary drivers, with electric forklifts and stackers expected to capture over 60% of new unit sales in developed markets by 2026.
2. Automation and Smart Equipment Integration
Powered lifting equipment is increasingly integrating automation features such as semi-autonomous navigation, remote operation, and AI-driven load management. By 2026, smart cranes and robotic forklifts equipped with IoT sensors and real-time telemetry are becoming standard in smart factories and logistics hubs. Predictive maintenance, enabled by continuous equipment monitoring, reduces downtime and improves operational efficiency. Major OEMs are partnering with software providers to offer integrated digital platforms that optimize fleet performance across supply chains.
3. Rise of Modular and Customizable Solutions
Market demand is shifting toward modular lifting systems that can be reconfigured for diverse applications—from construction to aerospace. By 2026, customization is a key differentiator, with manufacturers offering scalable power units, interchangeable attachments, and plug-and-play control systems. This trend is especially evident in offshore, mining, and infrastructure sectors, where site-specific requirements necessitate adaptable lifting solutions.
4. Growth in Emerging Markets
While mature markets focus on upgrading existing fleets, emerging economies in Southeast Asia, Africa, and Latin America are experiencing robust demand for new powered lifting equipment. Urbanization, infrastructure development, and the expansion of e-commerce logistics centers are fueling double-digit growth in these regions. Local assembly and financing partnerships are helping global manufacturers penetrate these markets, with cost-effective, durable models gaining traction.
5. Regulatory and Safety Standards Evolution
By 2026, global safety standards for powered lifting equipment are becoming more harmonized, with increased emphasis on operator assistance systems, anti-collision technology, and load stability controls. Regulatory bodies such as OSHA (U.S.) and the EU Machinery Regulation are mandating advanced safety features, especially for high-risk environments. Compliance is driving innovation in sensor fusion and human-machine interface (HMI) design.
6. Sustainability and Circular Economy Practices
End-of-life equipment management is emerging as a strategic focus. By 2026, leading manufacturers are implementing take-back programs, remanufacturing initiatives, and recyclable material usage to align with circular economy principles. Carbon footprint labeling and lifecycle assessments are becoming part of procurement decisions, especially among large industrial clients.
Conclusion
By 2026, the powered lifting equipment market will be defined by electrification, intelligence, and sustainability. Companies that invest in R&D for energy-efficient, connected, and adaptable solutions will lead the market. The convergence of digitalization and green technology is not only reshaping product offerings but also redefining competitive dynamics across the global industrial landscape.

Common Pitfalls When Sourcing Powered Lifting Equipment (Quality, IP)
Sourcing powered lifting equipment—such as electric hoists, lift tables, cranes, and manipulators—requires careful attention to both quality and intellectual property (IP) considerations. Overlooking these aspects can lead to safety risks, operational downtime, legal exposure, and reputational damage. Below are common pitfalls to avoid:
Inadequate Quality Verification
One of the most frequent missteps is failing to conduct thorough due diligence on product quality. Many buyers focus solely on price and delivery timelines, neglecting to verify manufacturing standards, component reliability, and compliance with safety regulations. This can result in equipment that fails prematurely, poses safety hazards, or does not meet performance expectations. Always require third-party certifications (e.g., CE, ISO, OSHA compliance), conduct factory audits, and request performance test reports before procurement.
Ignoring Intellectual Property Rights
Sourcing powered lifting equipment from suppliers in regions with weak IP enforcement increases the risk of receiving counterfeit or cloned products. These may appear identical to branded models but lack proper engineering, safety features, or manufacturer support. Using such equipment can expose your organization to legal liability, especially if accidents occur. Always verify that the supplier holds legitimate rights to the designs or is an authorized distributor. Conduct IP due diligence and include IP indemnification clauses in contracts.
Overlooking Component-Level Quality
Even if the final product appears robust, substandard internal components—such as motors, gearboxes, or control systems—can compromise reliability and lifespan. Some suppliers use lower-tier parts to cut costs, which may not be evident during initial inspections. Request detailed bills of materials (BOMs), and insist on named, reputable component brands where safety and performance are critical.
Assuming Compliance Without Documentation
Suppliers may verbally claim compliance with international standards (e.g., FEM, ANSI, ASME), but without documented proof, such claims are unreliable. Always demand up-to-date compliance certificates, test reports, and technical files. Non-compliant equipment can fail inspections, result in regulatory fines, or void insurance coverage in the event of an incident.
Failure to Secure Technical Documentation and IP Transfer
When customizing or co-developing equipment, buyers often neglect to ensure full transfer of technical documentation, schematics, and software rights. This creates dependency on the supplier for maintenance, repairs, or future sourcing. Clearly define IP ownership and documentation deliverables in contracts, especially for bespoke designs.
Relying on Inadequate After-Sales Support and Spare Parts Access
Low-cost equipment may come with limited or non-existent after-sales support. If the supplier does not provide spare parts or technical assistance, downtime can be costly. Verify the supplier’s service network, spare parts availability, and responsiveness before finalizing a deal. Consider long-term service agreements to mitigate risk.
By addressing these pitfalls proactively, organizations can ensure they source reliable, safe, and legally sound powered lifting equipment that supports operational efficiency and compliance.

Logistics & Compliance Guide for Powered Lifting Equipment
Introduction
Powered lifting equipment—including forklifts, pallet jacks, scissor lifts, overhead cranes, and hoists—plays a critical role in modern material handling operations. Ensuring safe, efficient logistics and full regulatory compliance is essential to protect personnel, maintain operational continuity, and avoid legal or financial penalties. This guide outlines key logistics considerations and compliance requirements for managing powered lifting equipment.
Regulatory Framework and Standards
Compliance with national and international regulations is mandatory. Key standards include:
– OSHA (Occupational Safety and Health Administration) – 29 CFR 1910.178: Governs the use of industrial trucks, including forklifts, in the U.S.
– ANSI/ITSDF B56 Series: Covers safety standards for low- and high-lift trucks.
– ISO 3691: International standard for operator-controlled industrial trucks.
– ASME B30 Standards: Addresses safe operation, inspection, and maintenance of cranes, hoists, and lifting accessories.
– EU Machinery Directive (2006/42/EC): Applies to equipment placed on the European market.
Organizations must ensure equipment meets applicable standards and is CE-marked (in the EU) or similarly certified.
Equipment Selection and Procurement
Choose equipment based on operational needs:
– Load capacity and lift height requirements
– Operating environment (indoor/outdoor, hazardous areas)
– Power source (electric, LPG, diesel, hybrid)
– Ergonomics and operator comfort
– Compatibility with warehouse layout and racking systems
Ensure suppliers provide documentation including manuals, safety certifications, and compliance declarations.
Operator Training and Certification
Operators must be formally trained and certified:
– Training must cover pre-operation inspections, controls, load handling, stability principles, and refueling/recharging.
– Certification includes both written and practical evaluations.
– Refresher training is required every 3 years or after incidents, near-misses, or changes in equipment/environment.
– Maintain documented training records for audit purposes.
Pre-Use Inspections and Maintenance
Daily pre-use checks are essential:
– Inspect tires, brakes, steering, forks, hydraulic systems, and warning devices.
– Verify fluid levels, leaks, and battery condition (for electric units).
– Report and tag out defective equipment immediately.
Implement a preventive maintenance program:
– Follow manufacturer-recommended service intervals.
– Keep detailed maintenance logs.
– Use only authorized service providers and OEM parts where required.
Safe Operation Practices
Adhere to safety protocols during operation:
– Observe load capacity limits and center of gravity rules.
– Maintain clear visibility; use spotters when backing up.
– Operate at safe speeds and yield to pedestrians.
– Use seat belts and never allow unauthorized riders.
– Avoid inclines with elevated loads.
– Secure equipment when unattended (lower forks, apply parking brake, turn off power).
Load Handling and Transportation Logistics
Efficient and safe load management includes:
– Proper load securing using straps, cages, or containers.
– Ensuring loads are stable and balanced before lifting.
– Avoiding overloading or uneven loading.
– Planning transport routes to avoid obstructions and pedestrian traffic.
– Using appropriate lifting accessories (slings, clamps, spreader beams) that are inspected and rated.
Workplace Design and Environmental Considerations
Optimize the environment for safe equipment use:
– Ensure adequate aisle width and ceiling clearance.
– Install signage for traffic flow, height restrictions, and hazard zones.
– Maintain clean, dry, and well-lit work areas.
– Provide designated charging/re-fueling areas with ventilation and fire suppression.
– Mark pedestrian walkways and implement traffic separation measures.
Inspection and Compliance Audits
Conduct regular audits to ensure compliance:
– Perform documented annual inspections by qualified personnel.
– Review operator certifications, training records, and maintenance logs.
– Verify equipment is labeled with load capacity and operational warnings.
– Address audit findings promptly and implement corrective actions.
Incident Reporting and Investigation
Establish a clear process for reporting and investigating incidents:
– Report all accidents, near-misses, or equipment failures immediately.
– Preserve evidence and conduct root cause analysis.
– Update training or procedures based on findings.
– Notify regulatory authorities if required (e.g., serious injury or fatality).
Recordkeeping and Documentation
Maintain comprehensive records:
– Equipment registration and certification
– Operator training and certification logs
– Daily inspection checklists
– Maintenance and repair records
– Incident reports and investigation summaries
– Audit findings and corrective actions
Records must be retained per regulatory requirements (typically 3–5 years).
Conclusion
Managing powered lifting equipment requires a proactive approach to logistics and compliance. By adhering to regulatory standards, investing in training, maintaining equipment, and fostering a culture of safety, organizations can ensure efficient operations while minimizing risks to personnel and assets. Regular review and continuous improvement of policies and practices are essential for long-term success.
Conclusion for Sourcing Powered Lifting Equipment
In conclusion, sourcing powered lifting equipment is a strategic decision that significantly impacts operational efficiency, workplace safety, and long-term cost management. Careful evaluation of lifting requirements—such as load capacity, lift height, frequency of use, and working environment—is essential to selecting the most suitable equipment, whether it be forklifts, electric hoists, lift tables, or crane systems. Prioritizing reliability, safety certifications, energy efficiency, and ease of maintenance ensures both compliance with regulations and sustained productivity.
Engaging reputable suppliers, conducting thorough cost-benefit analyses, and considering total cost of ownership—including acquisition, training, maintenance, and energy costs—will lead to a sound investment. Additionally, incorporating scalability and future operational needs into the sourcing process supports long-term adaptability.
Ultimately, the right powered lifting equipment not only enhances material handling capabilities but also contributes to a safer, more efficient, and more competitive operation. A well-informed sourcing strategy ensures optimal performance, reduced downtime, and a strong return on investment.









