Scissor Lifts Market Analysis, Size, Share, Growth, Trends & Forecast 2021 to 2031

Aerial work platforms, which include scissor lifts as access equipment, are used in many different industries for efficient and safe elevated material handling.

The scissor lifts market, organization in the rental industry are expected to focus on expanding their network across developing countries, creating new growth prospects for manufacturers.

 

While the growth projections for scissor lifts market remaining strong, the ongoing COVID-19 pandemic crisis is anticipated to cause a minor strain in demand. Disruptions witnessed in manufacturing units and supply chain networks due to shutdowns in a number of countries are expected to affect the consumption of Scissor Lifts. However the market is expected to recover in year 2021.

 

The market will especially gain from the rising demand from AWP rental service providers. FMI has projected the segment to account for over 80% of the demand recorded in the market through the forecast period. Also increasing application in manufacturing, construction, commercial, and other sectors will continue aiding growth.

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https://www.futuremarketinsights.com/reports/scissor-lifts-market

 

Key Takeaways from Scissor Lifts Market Study

  • Scissor lift market will expand at a steady pace, exhibiting 3.5% CAGR between 2021 and 2031
  • The U.S. is expected to account for over 40% sales of scissor lifts
  • K. will remain key market in Western Europe
  • Germany and France will continue exhibiting high demand backed by rising construction activities
  • Sales in Japan and South Korea to increase at a positive pace

 

“In addition to keeping long-term alliance with their key buyers, companies are offering training courses for operators and focusing on expanding their product range by including electric, hybrid or bi-energy scissor lifts to cater the growing demand for aerial work platforms across the world” said a lead FMI analyst

 

What’s the Future Outlook?

Growing shift towards hybrid lift development which help rental fleet owners to leverage the flexibility of scissor lift performance for higher utilization and longer term rentals is set to be remain as prominent force in shaping the scissor lifts market.

 

 These companies are incorporating new environmental-conscious technologies. Along with this, they are fine-tuning their expansion strategies to gain competitive edge.

 

For instance, Haulotte announced launching two new mobile elevating work platforms that have fully electric architecture to offer excellent performance, while reinforcing direction taken by the company towards environmentally friendly alternative energies.

 

Table of Content

1. Executive Summary     1.1. Global Market Outlook     1.2. Market Snapshot     1.3. Demand Side Trends     1.4. Supply Side Trends     1.5. FMI Analysis and Recommendations     1.6. Wheel of Fortune 2. Market Overview     2.1. Market Coverage / Taxonomy     2.2. Market Definition / Specifications

 

Scissor Lifts Market Key Segments

Platform Height

  • Up to 30'
  • 30' - 50'
  • More than 50'

Ownership

  • AWP Rental Service Providers
  • End-Use Industries
  • Construction
  • Entertainment
  • Commercial
  • Manufacturing
  • Others

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • SEA
  • MEA

 






aleena daniel

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