Scissor Lift Market – Growth Analysis, Industry Size, Market Opportunities and Future Estimations
Category: #business  By Rahul Varpe  Date: 2022-11-10
  • share
  • Twitter
  • Facebook
  • LinkedIn
Scissor Lift Market – Growth Analysis, Industry Size, Market Opportunities and Future Estimations

The scissor lift market is estimated to register exponential growth by 2027 owing to increasing infrastructure and development projects across key regions.

A scissor lift refers to a mechanical lifting platform that allows people and equipment to access elevated and inaccessible spaces. The device moves vertically by using linked folding supports arranged in a crisscross or scissors-like pattern. Scissor lifts are designed to raise a limited weight and may be set up as well as operated by a single person. This distinguishes them from other types of heavy construction equipment like cranes.

Recently, increased integration of advanced technologies, along with surging focus on electrification of scissor lifts, has propelled market adoption. Moreover, mounting construction activities around the world have also driven product demand substantially.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/4763

Notably, industry participants have been implementing strategic initiatives to gain a competitive edge in evolving marketplaces, which has favorably impacted the global business landscape. For instance, in January 2021, JLG Industries, Inc., a leading manufacturer of telehandlers and mobile elevating work platforms, launched its all-electric scissor lift, dubbed the DaVinci™ AE1932 scissor lift. The novel all-electric scissor lift utilizes a lithium-ion battery and has been designed to reduce job site pollution and prevent job site leaks.

Similarly, in September 2021, Snorkel, a key manufacturer of aerial work platforms, introduced its largest electric slab scissor lift model, dubbed the Snorkel S4740E, at Platformer’s Day in Germany. The S4740E offers a choice of either hydraulic or electric drive, which makes it suitable for operation in tilt-up warehouse environments and confined high-rise indoor settings.

Request for customization @ https://www.gminsights.com/roc/4763

The scissor lift market has been segmented on the basis of application, type, platform height, and region. With respect to platform height, the market has further been divided into below 10 meters, 10 to 20 meters, 20 to 25 meters, and above 25 meters. The above 25 meters sub-segment is set to witness optimistic expansion over the study time period. Growing stadium and plant maintenance activities across the globe would fuel demand for maximum working platform height scissor lifts, which is likely to bolster segmental uptake in the coming years.

From the application point of view, the scissor lift market has been bifurcated into utility, rental, transportation & logistics, construction & mining, and government. The government sub-segment is speculated to reach a significant valuation by 2027. Increasing number of supportive government initiatives for infrastructure development is estimated to escalate product demand in the government sector over the review period.

On the regional spectrum, the Middle East & Africa scissor lift market is poised to showcase a solid growth trajectory through the projected timeline. Rising investments to promote the development of smart cities and petroleum plant construction & maintenance activities in MEA are anticipated to augment regional market growth over 2021-2027.

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

Read More >>

More News By Rahul Varpe

Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
By Rahul Varpe

The construction site preparation equipment market is expected to grow substantially by 2028 on account of rising number of public infrastructure development projects worldwide. In addition, increasing investments towards R&D activities from manu...

Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
By Rahul Varpe

The concrete chain saw market is slated to witness exponential growth by 2028 on account of the booming construction and building maintenance sector around the world. In addition, growing awareness regarding the benefits of using a concrete chainsaw ...

Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
By Rahul Varpe

The stand tile saw market is poised to expand substantially by 2028 on account of burgeoning number of construction activities around the globe. In addition, rapid urbanization and rising consumer spending across key regions are likely to further pro...