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New Research Report On Scissor Lift Market | Covers Market Size, Share, Impact of COVID-19 | Forecast Till 2028

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Nikhil Ghodse

The Global Scissor Lift Market accounted for US$ 2,620.0 Mn in 2017 and is expected to grow at a CAGR of 4.3% during the forecast period 2018 – 2025, to account for US$ 3,682.1 Mn in 2025.

Market Overview:

The scissor lift market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. One of the major reasons for surged adoption of scissor lift is the rapidly increasing investment in construction, manufacturing, and infrastructural development. The world is known to witness dramatic increase in its urban population creating pressure on the construction industries to come up with a robust plan of action. Owing to this, the construction machinery manufacturers are encouraged to focus upon the development and enhancement of their present product lines. In coming years, scissor lifts are projected to perform various tasks that comply with the forthcoming demands of the end users. These changes comprises of enhanced safety and maximizing capacity.

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Some of the remarkable developments and initiatives in this industry include announcement by Haulotte regarding deployment of more than 300 units of scissor lifts and diesel articulated booms for building world's biggest airport project in Turkey. The company also announced that Saudi airport used scissor and boom lifts for expansion. The H15SX and H18SX electric scissor lifts are used for interior work, 4WD functionality and hydraulic differential lock. Further the leading organization in the market Terex in the year 2017 announced that it had appointed Al Mahroos as new distributor of Genie in UAE. Al Mahroos is responsible for distributing and aftersales delivery across Dubai as well as in other northern emirates, to meet the demands of the customers from Al Quoz industrial area in Dubai.

The European countries are witnessing high adoption of material handling equipment in various industries. Countries in Central and Eastern Europe are including Romania, Slovakia, Lithuania, Portugal and Estonia are witnessing high adoption of these equipment in varied industries. The countries such as Poland and Czech Republic witnessed a steady growth in the equipment installation during the last few years. Further, the presence of huge automotive industry is another factor driving the installation of these equipment in Europe particularly, in automotive sector. Europe is the home of some of the largest automakers, and the automotive industry accounts for 4% of the total European Union’s gross domestic product (GDP). Automotive industry which include manufacturing units as well as the service centers are the largest end user of scissor lifts. Countries such as Germany and Italy with a robust automotive market presence has noticed a significant adoption of these equipment. These factors drive the market for scissor lifts in the region.

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Global Scissor Lift Market – By Geography

o   North America

§ U.S.

§ Canada

§ Mexico

 

o   Europe

§ France

§ Germany

§ Italy

§ Spain

§ U.K.

§ Rest of Europe

 

o   Asia Pacific (APAC)

§ Japan

§ China

§ India

§ Australia

§ Rest of APAC

 

o   Middle East & Africa (MEA)

§ Saudi Arabia

§ U.A.E.

§ South Africa

§ Rest of MEA

 

o   South America (SA)

§ Brazil

§ Rest of SA


The List of Companies

1.      Terex Corporation

2.      JLG industries

3.      Aichi Corporation

4.      Haulotte Group

5.      Linamar Corporation

6.      MEC Aerial Work Platforms

7.      Galmon (S) PTE. Ltd.

8.      Wiese, Inc

9.      Edmolift AB

10.  Advance Lifts Inc.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: [email protected]

Phone: +1-646-491-9876

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