The Global Electric Scissor Lifts Market size is projected to be valued at USD 6.8 billion by 2028, growing at a CAGR of 5.1% during the forecast period (2021-2028). The market is projected to witness significant growth over the forecast period owing to increasing demand for electrically powered equipment across various applications in the construction industry. The major drivers of this trend are a rise in preference for low-emission power, high productivity, and improved safety.
Electric Scissor Lift is a powered device that has two or more pairs of arms extending from the front and back, all attached to an overhead mast. It may be operated manually by lifting and lowering them with rope pulleys for overhead movement but typically they are power-driven either electrically (usually on a linear induction motor) or hydraulically. They are used for both industrial and non-industrial purposes, such as in construction sites or warehouses to lift materials without relying on human labor (saving time).
On the basis of Types, the market is segmented into Less than 10m, 10-20m, More than 20m.
Less than ten-meter electric scissor lifts are used in tighter spaces where the height limit is less than ten meters. Less than Ten Meter Electric Scissor Lifts provide a fast and cost-effective solution to many transportations, installation, maintenance, and repair tasks that require lifting heavy loads at low heights. They can be stacked for storage or transport purposes and can also be connected to a continuous power supply.
These are more commonly used than the smaller scissor lifts and include features like a power pack on wheels or an electric generator for use in outdoor applications. These do not always have the best lifting capacity but they offer portability, which can help with trade shows, construction sites, and other venues where mobility is paramount.
The most powerful type of electric scissors lifts may also be called long-reach operators because they usually need to reach into hard-to-access areas such as warehouses that require them to suspend from ceilings rather than being grounded at all times. They often have greater lifting capacities and better maneuverability due to their size and weight (equipment).
On the basis of Application, the market is segmented into Indoor Application, Outdoor Application, Others (transportation, warehouse & logistics). The Indoor application is expected to lead the global electric scissor lifts market. This segment of the global electric scissors lift market has been observed as rising rapidly due to high demand from industries such as healthcare and commercial segments which require frequent lifting.
The outdoor application is also projected to grow at a remarkable pace during the forecast period owing to its wide usage in construction sites for access into hard-to-reach areas including warehouses, rooftops, etc. which are difficult or costly to reach using other equipment like cranes; this type of facility provides an economical solution that does not involve renting expensive machinery for only one day’s use.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The electric scissor lifts market in the U.S. is estimated to grow significantly during the forecast period owing to the presence of various manufacturing companies which are expected to expand their operations alongside an increase in demand from industries such as healthcare and commercial segments due to high cost-effectiveness when compared with other equipment used for lifting purposes.
The key driving factors for the growth of this market are the high adoption of electric scissor lifts, a shift in construction from building to renovation, and refurbishment due to economic slowdown. In increasing industrialization, it is essential for warehouses, distribution centers, factories, etc., which require high ease-of-use and long working hours that are not possible with traditional methods.
Up Market Research published a new report titled “Electric Scissor Lifts Market research report which is segmented by Types (Less than 10m, 10-20m, More than 20m), By Applications (Indoor Application, Others), By Players/Companies Terex, JLG, Aichi, Haulotte, Skyjack, Manitou, Snorkel, Teupen”.
Report Attributes | Report Details |
Report Title | Electric Scissor Lifts Market Research Report |
By Type | Less than 10m, 10-20m, More than 20m |
By Application | Indoor Application, Others |
By Companies | Terex, JLG, Aichi, Haulotte, Skyjack, Manitou, Snorkel, Teupen |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 250 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Less than 10m, 10-20m, More than 20m and By Application Indoor Application, Others.
Some of the companies that are profiled in this report are:
Electric Scissor Lifts Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Electric Scissor Lifts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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