Heavy IndustriesIT

Scissor Lift Market Growth, Analysis and Forecast to 2025 Key Players: Terex Corporation, JLG Industries, Aichi Corporation, Haulotte Group

The global Scissor Lift market accounted for US$ 2,620.0 Mn in 2017 and is expected to grow at a CAGR of 4.3% during the forecast period 2018 – 2025, to account for US$ 3,682.1 Mn in 2025.

The scissor lifts are made to move equipment or an individual in a vertical direction. These lifts are mainly used at the locations where normally scaffolding or a ladder would get used, however owing to safety concerns the manufacturing and construction industries are shifting to the adoption of scissor lifts. These lifts not only provide a secure platform for operation but also enables faster and optimized functioning of jobs. Considerable acceleration in the construction and infrastructural growth for snowballing urban population, majorly in developing economies contribute to the construction and retrofit market both. Thus the growth of construction at a significantly higher pace is expected to raise the demand for scissor lifts and are expected to moderately impact scissor lift market throughout the forecast period.

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Companies Mentioned:

  • Terex Corporation
  • JLG Industries
  • Aichi Corporation
  • Haulotte Group
  • Linamar Corporation
  • MEC Aerial Work Platforms
  • Galmon (S) Pte Ltd
  • Wiese USA
  • EdmoLift AB
  • Advance Lifts, Inc.

Scissor Lift Market to 2025 – Global Analysis and forecast is a specialized and in-depth study of the Scissor Lift industry with a focus on the global market trend. The report provides an overview of global Scissor Lift Market with detailed market segmentation by product/application and regions. The global Scissor Lift Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.

The Scissor Lift Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Scissor Lift Market based on product and application. It also provides market size and forecast till 2027 for overall Scissor Lift Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Strategic Insights

The new development was observed as the most adopted strategy in global Scissor Lift market. Few of the recent development by some of the players in the Scissor Lift market landscape are listed below:

2018: JLG Industries announced the up gradation of its LRT series of rough terrain scissors. With this up gradation, it added improved efficiency, serviceability and operability of the industrial machines to meet the demands of its customers.

2018: Skyjack announced the launch of the Building Information Model (BIM).  This model is compatible with the company’s scissor lift model such as SJ3226, SJ3219, and SJ4632 DC.

2018: MEC stated about the introduction of Proactive Platform Safety System (PPSS) designed for select slab scissor lifts. The new solution is developed to notify MEC scissor lift operators through proactively warning them about the overhead hazards with a purpose to update about entrapment avoidance and collision.

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