Global Scissor Lift Market Report 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Scissor Lift Market to 2025 - Global Analysis and Forecasts by Product Type; Movement Type; Industry” report has been added to ResearchAndMarkets.com’s offering.
The global scissor lift market accounted US$ 2,620 Mn in 2017 and is expected to grow at a CAGR of 4.3% during the forecast period 2018 - 2025, to account to US$ 3,682.1 Mn by 2025.
The scissor lifts rationalize industrial processes and are implemented in modern day to day industries. These scissor lifts are designed to transfer equipment or individual in a vertical way. The lifts are majorly used in the locations where scaffolding or ladder get used. Also, in respect to ensuring higher safety, manufacturing and construction industries are looking ahead to adopt and implement scissor lifts in its respective industries.
In addition to this, considerable acceleration in infrastructural projects and construction due to snowballing urban population maximum in developing economies make the contribution towards both construction and retrofit market. Therefore, growth in construction at a significantly higher rate is projected to increase the demand for scissor lift relatively across the forecast period and would further nurture the scissor lifts market in a positive manner.
A number of industrial facilities and warehouses are increasing the use of automated solutions to enhance their profits, warehouse operations, comfort as well as worker safety. Industries such as manufacturing, construction, warehouse, metals & heavy machinery, and others are concerned about reducing labor-intensive processes, increasing accuracy and speed for material handling and therefore looking ahead to opt for scissor lifts which is projected to boost the scissor lift market.
The industries throughout the world are filled with a number of upcoming projects resulting in high demand to support machines and equipment. The trend in response has a positive influence on the growth of scissor lift market and is expected to continue to contribute to its growth in the coming years.
Key Market DriversEase Of Use And Flexibility Offered By Scissor Lifts Systematically Managed Error Redundant Warehouses Rapidly Expanding Manufacturing Industries
Key Market RestraintsHigh Capital Investment Required Pertaining Threat Of Substitutes
Key Market OpportunitiesManufacturing Growth Opportunities In China
Future TrendsGrowth Of Real Estate Industries In Developing Economies Redefining Of Ansi Standards
Key Topics Covered:
2. Key Takeaways
3. Scissor Lift Market Landscape
4. Key Industry Dynamics
5. Scissor Lift Market - Global
6. Global Scissor Lift Market Analysis - By Product Type
7. Global Scissor Lift Market Analysis - By Movement Type
8. Global Scissor Lift Market Analysis - By Industry
9. Global Scissor Lift Market - Geographical Analysis
10. Industry Landscape
11. Competitive Landscape
12. Company ProfilesTerex Corporation JLG industries Aichi Corporation Haulotte Group Linamar Corporation MEC Aerial Work Platforms Galmon (S) PTE. Ltd. Wiese, Inc Edmolift AB Advance Lifts Inc.
For more information about this report visit https://www.researchandmarkets.com/research/kspl3z/global_scissor?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005483/en/
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Related Topics:Cranes and Lifting Equipment
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/18/2018 08:58 AM/DISC: 12/18/2018 08:58 AM