Scissor Lift Market Report

Market Insights

Scissor lift market is likely to witness an impressive CAGR of 8% during the forecast period. The prime factors contributing to the demand for scissor lifts are the increasing infrastructural investment, growing demand for advanced version of scissor lifts, and increasing number of infrastructure and utility development projects.

Segment Analysis

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Scissor Lift Market Share: By Type

Based on the type, the market is segmented as electric and engine powered. The electric scissor lift market is likely to grow at a higher CAGR during the forecast period, driven by the various advantages offered by them in commercial and industrial sectors, such as zero-emissions and minimum noise during operation of lift.

Scissor Lift Market Share: By Platform Height Type

Based on the platform height type, the scissor lift market is segmented as below 10 meters, 10 to 20 meters, and 20 to 25 meters, and above 25 meters. Scissor lifts with a platform height of 10 to 20 meters are likely to witness a rising demand in commercial construction, building maintenance, and utility projects.

Scissor Lift Market Share: By Region

In terms of regions, North America dominated the market in 2019. The increasing investments for infrastructure development are likely to be a major factor behind the region’s growing market during the forecast period. Balance and safety to construction workers on construction sites offered by scissor lift to also further boost the North American scissor lift market over the forecast period.

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Market Scope & Segmentation

Scissor lift is a machine used to move personnel and equipment in a vertical direction. Scissor lifts provides ease to operators for completing jobs faster and in a more secured manner.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The scissor lift market is segmented into the following categories. 

Scissor Lift Market Size, Share, & Forecast, by Type:

• Electric (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Engine Powered (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Scissor Lift Market Size, Share, & Forecast, by Platform Height Type:

• Below 10 Meters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 10 to 20 Meters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 20 to 25 Meters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Above 25 Meters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Scissor Lift Market Size, Share, & Forecast, by Application Type:

• Rental (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Construction & Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Government (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Transportation & Logistics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Utility (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Scissor Lift Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major scissor lift manufacturers are-

• AICHI CORPORATION
• DINOLIFT OY
• HAULOTTE GROUP
• Holland Lift International bv
• Hunan Sinoboom Heavy IndustryCo. Ltd.
• JLG Industries, Inc.
• Manitou Group
• Skyjack
• Snorkel
• Terex Corporation.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.