Scissor Lift Market: Industry Overview, Growth, Trends, Opportunities and Forecast Till 2026
According to IMARC Group’s latest report, titled “Scissor Lift Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”. the global market exhibited moderate growth during 2015-2020. 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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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. Looking
forward, IMARC Group expects the global scissor lift market to grow at a CAGR
of around 6% during 2021-2026.
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As the novel coronavirus
(COVID-19) crisis takes over the world, we are continuously tracking the
changes in the markets, as well as the industry behaviors of the consumers
globally and our estimates about the latest market trends and forecasts are
being done after considering the impact of this pandemic.
Competitive Landscape
with 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.
Market Segmentation:
Breakup by Engine Type:
- Electric
Scissor Lifts
- Engine-powered
Scissor Lifts
Breakup by Lift Height:
- Less
than 10 Meters
- 10 to
20 Meters
- More
than 20 Meters
Breakup by End Use:
- Construction
- Retail,
Storage and Warehouses
- Transportation
and Logistics
- Others
Breakup by Region:
- 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, Others)
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Key highlights of the
report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- 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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