According to a recent report published by Allied Market Research, titled, “Automotive Scissor Lift Market by Vehicle Type, Product Type, Lifting Capacity, and Rise Level: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global automotive scissor lift market was valued at $205.4 million in 2020, and is projected to reach $386.3 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/12647
Automotive scissor lift is a type of platform, which can move only in the vertical direction. The mechanism is achieved by the use of folding and linked support in a crisscross pattern, which is known as pantograph pattern or scissor mechanism. Moreover, the upward vertical motion is achieved by application of pressure on the outside of lower support, which propels the work platform vertically. Furthermore, scissor lift provides a platform so that there is an extra bridge to allow closer access to the work area while providing a secure platform for operation, thereby facilitating faster & optimized functioning of jobs.
Covid-19 Scenario
- Production activities in the automotive sector were stopped completely or partially due to lockdown measures and lack of workforce in factories. This, in turn, affected the demand for automotive scissor lifts in the production factories.
- The demand for automotive scissor lifts reduced further as the repair and maintenance activities of vehicles slowed down. The lockdown measures resulted in reduced usage of vehicles and thereby, lowering the need for maintenance and repairs.
- The demand would be restored during the post-lockdown as the daily operations in the automotive sector begin and the commuting through private vehicles restart.
𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝘁𝗵𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗕𝘂𝘆𝗶𝗻𝗴 – https://www.alliedmarketresearch.com/purchase-enquiry/12647
Automotive scissor lifts are used in automobile manufacturing plants, automobile showroom, and extensively used in automobile manufacturing & service where scissor lifts are used to get a better view under the automobile. In addition, automotive scissor lifts can lift a maximum load of 2 to 4 tons, and are operated via hydraulic, pneumatic, or mechanical forces. On the basis of movement mechanism, the different automotive scissor lifts available are wheel mounted, unpowered, and self-propelled.
Factors such as increase in automobile production, rise in the trend of vehicle customization coupled with surge in disposable income, and implementation of stringent workplace safety regulations contribute toward the growth of automotive scissor lift market across the globe. However, high initial investment and increase in safety issues related to scissor lifts act as the key deterrent factors of the global market. On the contrary, high growth potential in untapped developing markets such as Africa & Asia and rise in need for automobile maintenance & repair are expected to create remunerative opportunities for the growth of the automotive scissor lift market during the forecast period.
Leading market players
- ARI-HETRA
- BendPak Inc.
- Challenger Lifts Inc.
- EAE Automotive Equipment Co. Ltd.
- Hunter Engineering Company
- MAHA Maschinenbau Haldenwang GmbH & Co. KG.
- Nussbaum Custom Lifts GmbH
- PEAK
- Ravaglioli S.p.A.
- Rotary Lift
The global automotive scissor lift market is segmented into vehicle type, product type, lifting capacity, rise level, and region. By vehicle type, the global market is categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. On the basis of product type, it is bifurcated into hydraulic scissor lift and pneumatic scissor lift. Depending on lifting capacity, it is segregated into up to 5,000 lb, 5,001–10,000 lb, and more than 10,000 lb. As per rise level, it is fragmented into low, mid, and high. Region wise, the global market has been studied across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings Of The Study
- By vehicle type, the heavy commercial vehicle segment is expected to register a significant growth during the forecast period.
- On the basis of lifting capacity, the more than 10,000 lb segment is anticipated to exhibit significant growth in the future.
- Depending on rise level, the mid segment is anticipated to exhibit significant growth in the future.
- LAMEA is anticipated to register the highest CAGR.
𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗮𝘁 https://www.alliedmarketresearch.com/automotive-scissor-lift-market/purchase-options