Press release
What are the different trends in Scissor Lift Market to boost its growth? Genie, JLG Industries, MEC Aerial Work Platforms, Skyjack, Haulotte Group, Manitou Group
Scissor Lift Market
Rising construction, maintenance and several infrastructural projects across the globe have depicted a tremendous potential for scissor lift market growth over the forecast timeframe. Scissor lifts offer high safety while carrying the workers and heavy loads to the elevated heights due to safety railings integrated in the system.
Besides, stringent regulations from the government authorities associated with worker safety is expected to stimulate the demand for scissor lifts. In this regard, the U.S. Department of Labor has implemented strict laws under Occupational Safety and Health Administration (OSHA). OSHA lays the laws associated with workers’ safety during the application of elevated scissor lifts. It enforces worker’s protection from falling by a well-designed and maintained system of guardrails.
According to Global Market Insights, Inc. report, scissor lift market is estimated to surpass USD 3 billion by 2026.
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With the outbreak of COVID-19 across the globe, scissor lift market has witnessed a slowdown. There has been limited supply of raw materials and manpower causing a hinderance to the manufacturing activities. Various equipment manufacturing companies have temporarily ceased the operation in order to regulate the demand and supply of the equipment. This has, undeniably, hindered the dynamics of overall scissor lift market.
How will rising construction activities open new growth avenues for scissor lift market in various regions?
Asia Pacific region is observing a tremendous growth in scissor lift market owing to proliferating construction activities in the countries such as China, India and Japan. Further, rapid industrialization has also marked significant contributions in the market expansion. In China, renting of scissor lifts has become a most viable option considering the rising labor cost in the country. Besides, lack of skilled labor and rising demand for workers’ safety has accelerated the need for powered access platform and aerial work.
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Meanwhile, Japan is also poised to stand tall in scissor lift industry on account of superior telecommunication infrastructure and strong presence of prominent players namely Skyjack, Tadano, JLG Corporation, etc.
Referring to Europe and North America, the regions have registered a notable rise in the adoption of scissor lifts as a result of elevating demand for repair and building maintenance activities.
How will the efficiency of electric powered scissor lifts cater to the substantial growth of scissor lift market?
Electric powered scissor lifts are experiencing an increased adoption attributing to their high productivity and fuel efficiency. Electric scissor lifts help with saving high costs pertaining to fuel and maintenance. Additionally, the availability of wide range of electric models with diverse load capacities and platform heights will propel the market growth to a great extent.
The prominent industry players in the market are coming up with scissor lifts with more innovative features to provide the customers with a more sophisticated range. For instance, one of the global leaders in the scissor lift market, JLG has recently launched its first ever Davinci All Electric Scissor Lift which (AE1932). The company claims that this scissor lift is embedded with highly optimized components which enables it to function with single lithium-ion battery with full-fledged performance. It moves with twice the speed of the standard ones and charges 3.5 times faster providing maximum uptime. It also offers lower maintenance cost.
Table of contents for this research report@ https://www.gminsights.com/toc/detail/scissor-lift-market
What are the factors supporting increased adoption of scissor lifts with platform height more than 25 meter??
Construction industry has predominantly marked the increased demand for access platforms with height more than 25 meter has. What has been driving the adoption of these platforms is the rising investments in the development and maintenance of high-rise building.
Wide range of scissor lifts are now available in the market with height more than 25 meter with improved carrying capacity and operational efficiency. Numerous industry majors have been brainstorming for design and development of such lifts, which not only augments their stance in the overall scissor lift market, but also strengthens the industry size. For instance, Snorkel UK has recently launched a mega boom 2100SJ telescopic boom lift providing a height of 64m with a wide horizontal space. It has heavy duty chassis that helps in lifting heavy loads to the heights with complete stability. With such commendable innovations, in the above 25 meter platform height category, the segment is likely to gain enormous demand.
Major industry players are inclined on enhancing their product offering in terms of lifting capacity, working height and fuel efficiency in order to get a strong foothold in the market. Some of the renowned firms in the industry are MEC Aerial Work Platform, Manitou Group, Haulotte Group, Genie and JLG Industries.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll-Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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