The invention discloses a vertical clamping and hoisting device applied to a cylindrical object in a narrow space. The vertical clamping and hoisting device is characterized in that a support is of anannular structure, two protection plates are fixedly arranged on the two sides of the top of the support, a notch is formed in the position, below each protection plate, of the support, and supporting assemblies are arranged at notches; the outer side walls on two sides of the support each are provided with a hoisting assembly, and the two hoisting assemblies are symmetrically arranged; in each hoisting assembly, two lugs are fixed on the outer side walls of the two sides of the support, each lug is fixedly provided with a large hanging ring, a small hanging ring is arranged on the outer sidewall of the protection plate above each large hanging ring, and the two ends of a steel wire rope penetrate through the two large hanging rings and then penetrate through the small hanging rings respectively to be upwards connected to a pulley on the top of a fork frame folding arm structure. According to the vertical clamping and hoisting device, hoisting of the object is realized, the problem of height limitation in the hoisting process is solved, and the clamping and hoisting device can be installed on various mobile platforms and is high in transportability.