Telescopic ramps are portable and collapsible devices used to move heavy objects such as vehicles and equipment from one level to another. They provide a safe and easy transition, and offer advantages like reduced injuries, improved safety and productivity. The growing demand for accessibility and safety is driving the need for telescopic ramps.
The Global Telescopic Ramp Market is estimated to be valued at US$ 746.9 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the telescopic ramp market is the growing demand for aluminum ramps. Aluminum ramps offer advantages over traditional steel and wood ramps, as they are 50% lighter yet stronger. This makes them easier to transport and deploy. Their lightweight also reduces stress on joints when moving heavy objects up and down the ramps. Furthermore, aluminum does not rust or corrode like steel, making aluminum ramps highly durable and suitable for heavy weather conditions.
Segment Analysis
The global telescopic ramp market is dominated by portable folding ramps segment. Portable folding ramps are light weight and easy to transport and store.They can easily be folded when not in use, thus saving a lot of storage space. They provide quick and easy access over curbs and steps for wheelchairs, walkers, or other mobility devices. Hence the portability and easy storage features have made portable folding ramps the most popular and dominating sub-segment in the global telescopic ramp market.
Key Takeaways
The Global Telescopic Ramp Market Analysis is expected to witness high growth, exhibiting CAGR of 6.7% over the forecast period, due to increasing demand for wheelchair accessibility over curbs and steps from disabled and elderly population.
Regional analysis: North America holds the major share in the global telescopic ramp market. Rising aging population and increasing cases of disabilities, especially in the US, is contributing to the growth of the regional market. Asia Pacific telescopic ramp market is projected to grow at highest CAGR during the forecast period, driven by rising government emphasis on disabled-friendly infrastructure development in emerging countries such as India and China.
Key players operating in the telescopic ramp market are Prairie View Industries, EZ-ACCESS, Roll-A-Ramp, SafePath Products, PVI Ramps (Handi-Ramp), Bridjit Curb Ramps, HomCom (Aosom LLC), Titan Ramps, Bluff Manufacturing, National Ramp, Handicare Group AB, Tri-Boro Construction Supplies, Vestil Manufacturing, Ruedamann Official Store, Discount Ramps. EZ-ACCESS and Roll-A-Ramp are among the leading players due to their wide product portfolio and global distribution network.
For more details on the report, Read - https://www.rapidwebwire.com/telescopic-ramp-market-share-size-demand
