Press release
Scissor Lifts Market Revenue Growth Forecast Analysis
Scissor Lifts Market Revenue
As per the report, the scissor lift market size has grown strongly in recent years. It will grow from $3.37 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The scissor lift market size is expected to see strong growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=12498&type=smp
Rise In Construction Activities To Drive Market Growth
The growth in construction activities is expected to propel the growth of the scissor lift market going forward. Construction activities refer to the construction sector's many activities, procedures, and operations. Scissor lifts are commonly used in construction activities for many tasks requiring working at elevated heights. These lifts feature machinery and a platform to transport oversized loads and people to elevated locations. For instance, in September 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020. Between 2020 and 2030, it is anticipated to increase by 42%, or $4.5 trillion, to reach $15.2 trillion. Therefore, the growth in construction activities is driving the growth of the scissor lift market.
Technological Advancements Driving Innovation In Scissor Lift Market
Technological advancements are a key trend gaining popularity in the scissor lift market. Major companies operating in the scissor lift market are adopting new technologies to sustain their position in the market. For instance, in July 2021, JLG Industries Inc., a US-based lift equipment manufacturing company, launched all-terrain scissor lifts with screens and smart technology. The platform control boxes are outfitted with liquid-crystal display monitors, allowing for the incorporation of new technology. Operators may better understand the performance and capabilities of the lift by concentrating on the data. The upgraded platforms on these new models provide 28% more working space, increasing their capacity for equipment, people, and materials. JLG's LiftSense is an additional technological advancement that shows the user the platform's maximum heights while considering the platform's tilt and weight.
The scissor lift market covered in this report is segmented -
1) By Type: Hydraulic, Diesel, Electric, Pneumatic
2) By Engine: Electric Scissor Lifts, Engine-powered Scissor Lifts
3) By Lift Height: Less Than 10 Meters, 10-20 Meters, More Than 20 Meters
4) By Distribution Channel: Direct Sales, Indirect Sales
5) By Application: Construction, Entertainment, Manufacturing, Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12498&type=discount
Major companies operating in the scissor lift market report are Linamar Corporation, orporation, Manitou BF, Palfinger AG, JLG Industries Inc., Genie Industries, Zhejiang Dingli Machinery Co. Ltd., Haulotte Group, Aichi Corporation, MEC Aerial Work Platforms, Niftylift Ltd., Ballymore Co., Bronto Skylift Inc., Snorkel Lifts, OilQuick AB, CTE Group, Advance Lifts Inc., Dinolift, Hunan Sinoboom Heavy Industries Co. Ltd., Custom Equipment LLC, CMC Lift srl, Falcon Lifts, Hunter Equipments, Palazzani Industrie SpA, Sky Autotech, Technosys Equipment Pvt. Ltd., Mass Lifts Solutions.
Contents of the report:
1. Executive Summary
2. Scissor Lift Market Report Structure
3. Scissor Lift Market Trends And Strategies
4. Scissor Lift Market - Macro Economic Scenario
5. Scissor Lift Market Size And Growth
…..
27. Scissor Lift Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/scissor-lift-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Scissor Lifts Market Revenue Growth Forecast Analysis here
News-ID: 3595900 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Lift
Detachable Lift Market
The global detachable lift market databook report is a comprehensive and important source of information that provides critical insights into many aspects of the detachable lift industry. It examines all key participants, including Leitner Poma , Nippon Cable , Kashiyama Industries , Doppelmayr Seilbahnen GmbH , MND Group , LEITNER Ropeways , Anzen Sakudo , Bartholet Maschinenbau , TATRALIFT , Tokyo Cableway, and places a strong emphasis on competitive analysis…
Hydraulic Scissor Lift - Manufacturer and Supplier of Stationary Scissor Lift & …
Hydraulic Scissor Lift
The Company is one of the front Runner in Manufacturing Hydraulic Scissor Lift in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services. With Best Design Easiest To Setup In Any Industry.
Technovision is one of the Leading Manufacturer, Supplier & Exporters of a wide range of products which include Hydraulic Scissor Lift such as Electro Hydraulic Scissor Lift, High Raised Hydraulic Scissor Lift,…
Automotive Multifunctional Lift Systems Market Key players Dannmar Equipment, Ko …
Introduction
Automotive vehicles, in recent years, have become a necessary household entity rather than being a luxury as previously in the past. Rising living standards, rural and urban development, growth in disposable income has lead demand for automobiles to grow significantly over the past years. With high growth in automobile sales, the automotive maintenance, repairing and servicing sector is also expected to expand at a high growth rate over the forecast…
Global Plunger Lifts Market 2018 Analysis -Integrated Production Services (IPS), …
Plunger Lifts are artificial lift methods that offers an economical and established technique for removing liquids form aging gas wells while minimizing gas losses and methane emissions.
According to this study, over the next five years the Plunger Lifts market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents…
Stair Lift Market 2024 | Prism U.K. Medical Limited HIRO LIFT Symax Lift (China) …
Stair Lift Market Overview:
A stairlift is used for transporting people over stairway who are unable or have problem with climbing the stairs. Such lifts are normally used by elderly people or patients. The stairlifts are installed on rails which are either straight or curved. A stairlift is typically an assembly of rail, seat and motor (A.C.or D.C). In terms of application, straight stair lift is used for single floor or…
(AWP) Aerial Work Platform Rental Market 2024 Growth & Regional Revenue By Top P …
(AWP) Aerial Work Platform Rental Market is expected to exceed USD 24 billion by 2024. Increasing investments for the construction of infrastructures such as such as manufacturing facilities, airports, power plants, and roadways are expected to drive the AWP rental market during the forecast timeline.
In addition, various government initiatives focusing on improving the existing infrastructures further contribute towards the demand. With an increase in the number of accidents due to…
