Yes, building hoists can be used both indoors and outdoors in industrial areas, even with limited space. They are designed for material transportation during construction and are adaptable to various environments. For indoor use, hoists are often enclosed to protect from weather and debris. Outdoors, they may require additional weatherproofing. In confined spaces, compact and tower hoists are used to save space. However, safety regulations and space constraints must be considered to ensure proper installation and operation.