According to our latest research, the global manual hoist market size was valued at USD 2.13 billion in 2024 and is projected to grow at a robust CAGR of 5.8% during the forecast period. By 2033, the market is expected to reach a value of USD 3.57 billion, propelled by increasing industrialization, infrastructure expansion, and the rising demand for cost-effective material handling solutions across diverse industries. The ongoing modernization of manufacturing and construction sectors is a key factor driving this growth, as organizations seek efficient and reliable lifting equipment to improve safety and productivity. https://researchintelo.com/report/manual-hoist-market