The Business Research Company’s Scissor Lift Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Scissor Lift Global Market Report 2023 evaluates scissor lift market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global scissor lift market exhibits promising growth prospects, poised to ascend from a valuation of $3.17 billion in 2022 to a projected $3.37 billion in 2023. This expansion, characterized by a compound annual growth rate (CAGR) of 6.3%, underscores the industry’s resilience in the face of challenging global dynamics. However, it is essential to contextualize this market within the backdrop of recent global events.
The Russia-Ukraine conflict has cast a long shadow over the world economy’s trajectory, complicating the recovery efforts stemming from the COVID-19 pandemic. This geopolitical strife has triggered far-reaching economic consequences, encompassing sanctions imposed on numerous nations, escalating commodity prices, and the disruption of supply chains. The cumulative result of these disruptions has fomented inflationary pressures across the spectrum of goods and services, resonating across global markets.
Despite these challenges, the scissor lift market is forecasted to flourish, with an estimated worth of $4.14 billion projected for 2027, advancing at a steadier pace with a CAGR of 5.3%. The key catalyst driving this continued growth is the surge in construction activities, which is anticipated to act as the primary propulsion mechanism for the scissor lift market.
Construction activities, an umbrella term encompassing a myriad of processes and operations within the construction sector, are expected to experience a pronounced uptick. Scissor lifts, distinguished by their utility in a multitude of tasks demanding work at elevated heights, have emerged as indispensable tools in the construction industry. These lifting mechanisms, equipped with advanced machinery and platforms, facilitate the efficient transportation of oversized loads and personnel to elevated vantage points.
To underline the significance of this surge, a report published by Oxford Economics, a prestigious UK-based economic information services company, illustrates that global construction output in 2020 amounted to a staggering $10.7 trillion. Anticipating an impressive 42% growth between 2020 and 2030, this robust expansion is poised to reach $15.2 trillion, representing an additional $4.5 trillion. This remarkable growth underscores the symbiotic relationship between burgeoning construction activities and the burgeoning scissor lift market, as one fuels the other’s ascent, promising a prosperous future for both.
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The scissor lift market segments in the report are:
1) By Type: Hydraulic, Diesel, Electric, Pneumatic
2) By Engine: Electric Scissor Lifts, Engine-powered Scissor Lifts
3) By Lift Height: Less Than 10 Meters, 10-20 Meters, More Than 20 Meters
4) By Distribution Channel: Direct Sales, Indirect Sales
5) By Application: Construction, Entertainment, Manufacturing, Other Applications
Top 5 Major Players:
Table of contents :
1. Executive Summary
2. Scissor Lift Market Characteristics
3. Scissor Lift Market Trends And Strategies
4. Scissor Lift Market – Macro Economic Scenario
5. Global Scissor Lift Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
…..
32. Global Scissor Lift Market Competitive Benchmarking
33. Global Scissor Lift Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Scissor Lift Market
35. Scissor Lift Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Scissor Lift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Scissor Lift Market, Segmentation By Engine, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Scissor Lift Market, Segmentation By Lift Height, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 76: Linamar Corporation Financial Performance
Table 77: Terex Corporation Financial Performance
Table 78: Manitou BF Financial Performance
Table 79: Palfinger AG Financial Performance
Table 80: JLG Industries Inc. Financial Performance
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