Press release
Scissor Lift Market: Soaring Demand Driven by Workplace Safety Measures and Infrastructure Development
Scissor Lift Market
What Is The Projected Market Size Of The Global Scissor Lift Market And Its Growth Rate?
• The market grew from $3.54 billion in 2024 to $3.74 billion in 2025.
• The growth attributed to workplace safety measures, automotive industry demand, logistics and distribution growth, and healthcare facility expansion.
• The upcoming years are expected to see a surge in the market size up to $4.67 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%.
• Infrastructure development, increasing workplace accidents, urbanization, and vertical construction, renewable energy projects, and industry 4.0 integration are driving the forecast period's growth.
What Is Driving The Growth In The Scissor Lift Market?
The surge in construction activities is expected to propel the growth of the scissor lift market. Construction activities include the construction sector's various tasks, procedures, and operations. For instance, in September 2024, construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 6.7 percent more than the July 2023 estimate. Hence, the expansion in construction activities is influencing the growth of the scissor lift market.
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Who Are The Key Players Driving Scissor Lift Market Growth?
• Linamar Corporation
• Tere*x Corporation
• 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
• 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
What Are The Key Trends In The Scissor Lift Market?
• Collaborative partnerships
• Adoption in developing markets
• Battery technology innovation
• Remote access and control
• Modular and customizable designs
What Are The Segments Of The Global Scissor Lift Market?
• By Type: Hydraulic, Diesel, Electric, Pneumatic
• By Engine: Electric Scissor Lifts, Engine-Powered Scissor Lifts
• By Lift Height: Less Than 10 Meters, 10-20 Meters, More Than 20 Meters
• By Distribution Channel: Direct Sales, Indirect Sales
• By Application: Construction, Entertainment, Manufacturing, Other Applications
Which Region Leads The Scissor Lift Market?
North America was the largest region in the scissor lift market in 2024. Meanwhile, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The scissor lift market report covers several regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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- Market Size Analysis: Analyze the Scissor Lift Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Scissor Lift Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Scissor Lift Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Scissor Lift Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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