Raising the Automotive Industry : Automotive Scissor Lift Market Gains Traction Forecast, 2021-2030

According to a recent report published by Allied Market Research, titled, "Automotive Scissor Lift Market by Vehicle Type, Product Type, Lifting Capacity, and Rise Level: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global automotive scissor lift market was valued at $205.4 million in 2020, and is projected to reach $386.3 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/12647

Europe dominates the market, in terms of revenue, followed by Asia-Pacific, North America, and LAMEA. Germany dominated the global automotive scissor lift market share in 2020. Italy is expected to grow at a significant rate during the forecast period, owing to increase in demand for vehicles equipped with advanced features.

Automotive scissor lift is a type of platform, which can move only in the vertical direction. The mechanism is achieved by the use of folding and linked support in a crisscross pattern, which is known as pantograph pattern or scissor mechanism. Moreover, the upward vertical motion is achieved by application of pressure on the outside of lower support, which propels the work platform vertically. Furthermore, scissor lift provides a platform so that there is an extra bridge to allow closer access to the work area while providing a secure platform for operation, thereby facilitating faster & optimized functioning of jobs.

Automotive scissor lifts are used in automobile manufacturing plants, automobile showroom, and extensively used in automobile manufacturing & service where scissor lifts are used to get a better view under the automobile. In addition, automotive scissor lifts can lift a maximum load of 2 to 4 tons, and are operated via hydraulic, pneumatic, or mechanical forces. On the basis of movement mechanism, the different automotive scissor lifts available are wheel mounted, unpowered, and self-propelled.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/automotive-scissor-lift-market/purchase-options

In addition, the presence of key companies such as BendPak Inc., Challenger Lifts Inc., Nussbaum Automotive Solutions LP, and Rotary Lift operating in the global automotive scissor lift industry creates a positive impact on the growth of the market, due to continuous developments carried out by these key players. For instance, in November, 2019, ARI-HETRA entered into partnership with MAHA USA to design, manufacture, sell and service heavy-duty truck maintenance shop equipment in North America. In addition, in July, 2020 Nussbaum Custom Lifts GmbH acquired its sister company Otto Nußbaum GmbH & Co. KG, as the acquired company was going through financial crisis. Under the acquisition, around 220 employees are transferred to the new company and the firm's production sites in Kehl will be retained soon. Such developments carried out by these companies supplement the growth of the market across the globe.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 :

By vehicle type, the heavy commercial vehicle segment is expected to register a significant growth during the forecast period.

On the basis of lifting capacity, the more than 10,000 lb segment is anticipated to exhibit significant growth in the future.

Depending on rise level, the mid segment is anticipated to exhibit significant growth in the future.

LAMEA is anticipated to register the highest CAGR.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/12647

The key players profiled in the global automotive scissor lift market are ARI-HETRA, BendPak Inc., Challenger Lifts Inc., EAE Automotive Equipment Co. Ltd., Hunter Engineering Company, MAHA Maschinenbau Haldenwang GmbH & Co. KG., Nussbaum Custom Lifts GmbH, PEAK, Ravaglioli S.p.A., and Rotary Lift.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 :

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