The global scissor lift market is expected to exhibit a CAGR of
6.12% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A scissor lift, also known as an aerial work platform (AWP) or mobile elevated work platform (MEWP), is a motorized vehicle utilized for moving personnel and equipment to inaccessible areas, usually at a height. It supports scaffold work platforms, assists operators in completing their tasks faster and more securely, and provides a multi-functional alternative to ladders and towers. Due to its mobility and flexibility, the scissor lift finds application in the construction, retail, entertainment, and manufacturing sectors for temporary maintenance purposes. At present, leading manufacturers are coming up with innovations and process improvement strategies to introduce advanced products.
Rapid industrialization, coupled with the rising need for streamlining operations and increasing production efficiency, represents one of the key factors augmenting the market growth. Moreover, as electric scissor lifts do not emit hazardous fumes and gases, provide a safe indoor working environment to workers, and produce minimum noise, their demand is escalating in the commercial and industrial sectors across the globe. Furthermore, high stability and operational efficiency are promoting the adoption of these lifts in residential infrastructure construction, building maintenance, and utility projects. Apart from this, governments of numerous countries, along with private companies, are increasingly investing in infrastructure developments. Additionally, several manufacturers are integrating the Internet of Things (IoT) and Artificial Intelligence (AI) for enhancing operating performance. They are also launching compact electric scissor lifts with smart control panels, which are anticipated to provide a positive outlook for the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global scissor lift market report, along with forecasts at the global, regional and country level from 2022-2027. Our 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
Breakup by Lift Height:
- Less than 10 Meters
- 10 to 20 Meters
- More than 20 Meters
Breakup by End Use:
- Retail, Storage and Warehouses
- Transportation and Logistics
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Zoomlion Heavy Industry Science & Technology Co. Ltd.
|Base Year of the Analysis
||Engine Type, Lift Height, End Use, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||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 and Zoomlion Heavy Industry Science & Technology Co. Ltd.
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Key Questions Answered in This Report:
- How has the global scissor lift market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global scissor lift market?
- What are the key regional markets?
- What is the breakup of the market based on the engine type?
- What is the breakup of the market based on the lift height?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global scissor lift market and who are the key players?
- What is the degree of competition in the industry?