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.
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Global Scissor Lift Market Research Report 2020 is latest research study released by AMA evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support.
Some of the key players profiled in the study are Toyota Industries Corporation (Japan), KION Group (Germany), Mitsubishi Nichiyu Forklift (Japan), Jungheinrich AG (Germnay), Aichi Corporation (Japan), Haulotte Group (France), Linamar Corporation (Canada), Crown Equipment Corporation (United Kingdom), Hyster-Yale Group, Inc. (United States), Doosan Industrial Vehicle (United States), Clark Material Handling (United States), Komatsu Ltd. (Japan), Konecranes (Finland).
The self-propelled scissor lift type is rapidly increasing across numerous sector including automotive, aviation, agriculture and so on, due to its spacious platform design conforms to world-class ergonomics.
Scissor LiftMarket: Demand Analysis & Opportunity Outlook 2026 Scissor Lift research study is to define market sizes of various segments & countries by past years and to forecast the values by next 5 years.
The report is assembled to comprise each qualitative and quantitative elements of the industry facts including: market share, market size (value and volume 2015-2020, and forecast to 2026) which admire each countries concerned in the competitive examination.
Further, the study additionally caters the in-depth statistics about the crucial elements which includes drivers & restraining factors that defines future growth outlook of the market.
