1 / 6

Scissor Lift Market is projected to witness a rapid boost by 2026

The global scissor lift market is projected to demonstrate commendable growth through the forecast timeline of 2020 to 2026.

vinayakshinde
Download Presentation

Scissor Lift Market is projected to witness a rapid boost by 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Scissor Lift Market 2020 – Growth Potential, Regional Outlook & Key Players • The global scissor lift market is projected to demonstrate commendable growth through the forecast timeline of 2020 to 2026. The growth can be credited to increased awareness regarding workplace safety and stringent implementation of laws concerning the same across the globe. Given that scissor lifts are essential for lifting the heavy loads and the workers to elevated heights, they are deployed across a number of code industries, such as construction, manufacturing, mining, infrastructural development, transportation, etc. • In recent times, there has been a considerable upsurge in the number of building repair and infrastructural activities, across developed as well as developing nations, which is additionally contributing to the increase in the market share. Based on the estimates of the report from Global Market Insights, Inc., scissor lift market is projected to cross USD 3 billion by 2026. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. The worldwide outbreak of COVID-19 in 2020 has adversely impacted the scissor lift market in terms of volume and valuation. Given the massive spread of the pandemic and nationwide lockdowns, there has been a severe shortage of labor and raw materials, thereby hindering the manufacturing process. In consequence, many companies across the globe have temporarily halted their operations. • In terms of the type of scissor lifts, the electric scissor lifts are the most popular ones and are expected to showcase a noticeable growth by 2026. These scissor lifts preferred in the market due to their high productivity and fuel efficiency. Availability of wide range of options in terms of platform height and load capacity will provide a headway for an increase in the market share. • One of the major reasons responsible for the popularity of electric scissor lifts is that they are the most reliable alternatives to burning fuel, since they are designed with a silent, powered drive mechanism. Naturally, since they do not emit noise or fumes, they deliver cleaner solutions for indoor spaces and other establishments that have insufficient ventilation. • With regards to the platform height, the access platforms of height 25 meters and above have a considerable demand in the construction industry. The investments in the development of high-rise buildings and increased maintenance activities are paving the way for the reasonable growth of this segment. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4763 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • Considering the geographical terrain, Asia Pacific region is substantially contributing to the scissor lift market. Countries such as India, Japan, and China are the major contributors toward APAC industry share. Japan, endowed with an advanced infrastructure in telecommunication coupled with major industrial players has a major role to play in the growth of APAC scissor lift market. India also has a huge scope for the market provided skilled labor is available along with efficient safety measures. • Competitive Analysis • Key players operating in the scissor lift market Aichi Corporation, Dinolift OY, Genie Lift, Haulotte Group Holland Lift International bv, Hunan Sinoboom Heavy Industry Co. Ltd., JLG Industries, Manitou Group, Skyjack, Snorkel, Tadano Limited, Terex Corporation (Genie), Zhejiang Dingli Machinery Co, Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Scissor Lift Market @ https://www.gminsights.com/industry-analysis/scissor-lift-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4763 Request for customization: https://www.gminsights.com/roc/4763 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

More Related