IMARC Group, a leading market research company, has recently released a report titled “Scissor Lift Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global scissor lift market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Scissor Lift Market?
The global scissor lift market is expected to exhibit a growth rate (CAGR) of 5.9% during 2023-2028.
What is Scissor Lift?
A scissor lift, or a mobile elevated work platform (MEWP), is a motorized vehicle used for moving equipment and personnel to an inaccessible area, usually at a height. It supports scaffold work platforms, helps operators in completing their tasks faster and more efficiently, and provides a multi-functional alternative to towers and ladders. Due to its flexibility and mobility, the scissor lift finds extensive applications in the retail, construction, entertainment, and manufacturing sectors for temporary maintenance purposes.
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What are the Growth Prospects and Trends in the Scissor Lift Industry?
Rising levels of industrialization, along with the growing need for increasing production efficiency, are primarily augmenting the market growth. Moreover, as electric scissor lifts do not produce hazardous gases and fumes, provide a safe indoor working environment to workers, and generate minimum noise, their demand is escalating across the industrial and commercial sectors. Furthermore, due to their high stability and operational efficiency, scissor lifts are increasingly being adopted in residential infrastructure construction and building maintenance projects. Additionally, several market players are integrating these lifts with the Internet of Things (IoT) and Artificial Intelligence (AI) for enhancing the operational performance and efficiency. Moreover, extensive R&D activities to launch compact electric scissor lifts with smart control panels are projected to further drive the market growth in the coming years.
Who are the Key Players Operating in the Scissor Lift Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Advance Lifts Inc.
- Aichi Corporation (Toyota Industries Corporation)
- EdmoLift AB
- Galmon Pte Ltd.
- Haulotte Group
- JLG Industries (Oshkosh Corporation)
- Linamar Corporation
- MEC Aerial Work Platforms
- Tadano Ltd
- Terex Corporation
- Wiese USA
- Zoomlion Heavy Industry Science & Technology Co. Ltd.
What is Included in Market Segmentation?
The report has categorized the market based on engine type, lift height and end use.
Breakup by Engine Type:
- Electric Scissor Lifts
- Engine-powered Scissor Lifts
Analysed by Lift Height:
- Less than 10 Meters
- 10 to 20 Meters
- More than 20 Meters
Based on End Use:
- Construction
- Retail, Storage and Warehouses
- Transportation and Logistics
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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