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Scissor Lifts Market: Emerging Economies Projected for Robust Growth Commercial Sector Raises Significant Demand: Global Industry Analysis (2013 - 2017) and Opportunity Assessment (2018 - 2028)

Scissor Lifts Market: Emerging Economies Projected for Robust Growth Commercial Sector Raises Significant Demand: Global Industry Analysis (2013 - 2017) and Opportunity Assessment (2018 - 2028)

As rental companies are playing an increasingly important role in the global scissor lifts market, developing countries are expected to gain a major thrust in upcoming years. As per recent research, technological advancements resulted in the emergence and growing popularity of hybrid and electric lifts are believed to be responsible to expedite their adoption across an expanding base – in indoor as well as outdoor applications. Substantial incremental growth opportunities will be created for key manufacturers by the flourishing material handling equipment market.

The US$ 2.87 Bn global market for scissor lifts will possibly expand at a CAGR of 3.9% to reach US$ 4.2 Bn by the end of 2028 end.

With increasing demand for technological products for maintenance and other material handling activities, the market for scissor lifts is anticipated to register 1.5X growth over the assessment period. Increasing awareness in Europe and US, in addition to safety regulations set by governments, is presumed to accelerate the growth of scissor lifts market in near future. Governmental norms standardized for scissor lifts are likely to augment the rate of deployment of scissor lifts by various end-use sectors in upcoming years.

Developed Countries Slated to Witness Decline, Developing Economies Poised for Robust Growth

North America currently holds more than 50% share of the global revenues, and throughout the forecast period, North America is anticipated to retain unprecedented dominance, followed by Europe. North America, despite being the largest regional market, will witness sluggish growth over the assessment period. Western Europe, which is the second largest market currently, is forecast for poor growth prospects as per the report.

Emerging economies, including South East Asia Pacific, Latin America, and Middle East and Africa are projected for substantial growth over the forecast period prominently attributed to exploding population and the resulting pressure on the telecom infrastructure in these regions. While SEAP has been identified to be the most opportunistic regional market for scissor lifts market, China is foreseen to be the fastest growing one at over 9% CAGR over 2018-2028. The US$ 169 Mn Chinese market will reportedly cross US$ 400 Mn by the end of 2028. China and SEAP are expected to collectively gain a significantly major growth opportunity.

MEA is currently witnessing immense development in the infrastructure industry, which is pushing the demand for access equipment, including scissor lifts. Following increasing adoption and maturity of the scissor lifts market, the safety features take a front seat, which will reportedly stimulate innovation to eventually fuel the market growth. Presence of a limited number of manufacturers within the MEA market compels the already established companies to focus on enhancing their sales network within the region and thereby push the market growth in next few years. Major opportunities exist in the African region and Latin America is believed to be one among the most prominently growing regional market for scissor lifts, owing to rapidly progressing infrastructural development in Brazil and Mexico.

Rental Service Providers Continue to Fuel Market Growth

By ownership, AWP rental service providers are expected to win over the end-use industries segment. While the former is believed to attain a value in excess of US$ 3 Bn by the end of 2028, the latter is foreseen to reach beyond US$ 7 Bn over 2018-2028. Among various end-use industries, commercial and construction will reportedly be the top performing segments, as per the insights offered by the report.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition and Specifications
2.2. Market Taxonomy
3. Scissor Lifts Market Background
3.1. AWP Installed Base Overview
3.2. Macro-Economic Factors
3.3. Opportunity Analysis
3.4. Market Dynamics
3.4.1. Drivers and Supporting Trends
3.4.2. Restraints and Supporting Trends
3.4.3. Trends
3.5. Opportunity Analysis
3.6. Value Chain Analysis
3.7. Forecast Factors – Relevance & Impact
3.8. Cost Structure
3.9. Regulations
3.10. Patent Analysis
3.11. Recommendations and Key Strategies for Growth
4. Global Scissor Lifts Market Analysis and Forecast 2017–2028
4.1. Market Volume Projections
4.2. Pricing Analysis
4.3. Market Size Projections
4.3.1. Y-o-Y Projections
4.3.2. Absolute $ Opportunity Analysis
5. Global Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028, by Platform Height
5.1. Introduction
5.1.1. Market Value Share Analysis By Platform Height
5.1.2. Y-o-Y Growth Analysis By Platform Height
5.2. Historical Market Size (US$ Mn) and Volume By Platform Height, 2013–2017
5.3. Market Size (US$ Mn) and Volume Forecast By Platform Height, 2018-2028
5.3.1. Up to 30’
5.3.2. 30’ - 50’
5.3.3. More than 50’
5.4. Market Attractiveness Analysis By Platform Height
6. Global Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028, by Ownership
6.1. Introduction
6.1.1. Market Value Share Analysis By Ownership
6.1.2. Y-o-Y Growth Analysis By Ownership
6.2. Historical Market Size (US$ Mn) and Volume By Ownership, 2013–2017
6.3. Market Size (US$ Mn) and Volume Forecast By Ownership, 2018-2028
6.3.1. AWP Rental Service Providers
6.3.2. End-use Industries
6.3.2.1. Construction
6.3.2.2. Entertainment
6.3.2.3. Commercial
6.3.2.4. Manufacturing
6.3.2.5. Others
6.4. Market Attractiveness Analysis By Ownership
7. Global Scissor Lifts Market Analysis and Forecast, By Region
7.1. Introduction
7.1.1. Market Value Share Analysis By Region
7.1.2. Y-o-Y Growth Analysis By Region
7.2. Historical Market Size (US$ Mn) and Volume By Region, 2013–2017
7.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018-2028
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South East Asia & Pacific
7.3.6. China
7.3.7. Japan
7.3.8. Middle East & Africa
7.4. Market Attractiveness Analysis By Region
8. North America Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
8.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
8.3.1. By Country
8.3.1.1. U.S.
8.3.1.2. Canada
8.3.2. By Platform Height
8.3.3. By Ownership
8.4. Market Attractiveness Analysis
8.4.1. By Country
8.4.2. By Platform Height
8.4.3. By Ownership
8.5. Drivers and Restraints: Impact Analysis
8.6. Representative Market Participants
9. Latin America Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
9.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
9.3.1. By Country
9.3.1.1. Brazil
9.3.1.2. Mexico
9.3.1.3. Rest of Latin America
9.3.2. By Platform Height
9.3.3. By Ownership
9.4. Market Attractiveness Analysis
9.4.1. By Country
9.4.2. By Platform Height
9.4.3. By Ownership
9.5. Drivers and Restraints: Impact Analysis
9.6. Representative Market Participants
10. Western Europe Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
10.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
10.3.1. By Country
10.3.1.1. Germany
10.3.1.2. United Kingdom
10.3.1.3. France
10.3.1.4. Italy
10.3.1.5. Spain
10.3.1.6. Nordic Region
10.3.1.7. Rest of Western Europe
10.3.2. By Platform Height
10.3.3. By Ownership
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Platform Height
10.4.3. By Ownership
10.5. Drivers and Restraints: Impact Analysis
10.6. Representative Market Participants
11. Eastern Europe Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
11.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
11.3.1. By Country
11.3.1.1. Russia
11.3.1.2. Poland
11.3.1.3. Rest of Eastern Europe
11.3.2. By Platform Height
11.3.3. By Ownership
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Platform Height
11.4.3. By Ownership
11.5. Drivers and Restraints: Impact Analysis
11.6. Representative Market Participants
12. China Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
12.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
12.3.1. By Platform Height
12.3.2. By Ownership
12.4. Market Attractiveness Analysis
12.4.1. By Platform Height
12.4.2. By Ownership
12.5. Drivers and Restraints: Impact Analysis
12.6. Representative Market Participants
13. Japan Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
13.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
13.3.1. By Platform Height
13.3.2. By Ownership
13.4. Market Attractiveness Analysis
13.4.1. By Platform Height
13.4.2. By Ownership
13.5. Drivers and Restraints: Impact Analysis
13.6. Representative Market Participants
14. South East Asia & Pacific Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
14.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
14.3.1. By Country
14.3.1.1. ASEAN
14.3.1.2. South Korea
14.3.1.3. Oceania
14.3.1.4. India
14.3.1.5. Rest of SEA & Pacific
14.3.2. By Platform Height
14.3.3. By Ownership
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Platform Height
14.4.3. By Ownership
14.5. Drivers and Restraints: Impact Analysis
14.6. Representative Market Participants
15. Middle East & Africa Scissor Lifts Market Analysis 2013–2017 and Forecast 2018–2028
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
15.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
15.3.1. By Country
15.3.1.1. GCC Countries
15.3.1.2. South Africa
15.3.1.3. North Africa
15.3.1.4. Turkey
15.3.1.5. Rest of MEA
15.3.2. By Platform Height
15.3.3. By Ownership
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Platform Height
15.4.3. By Ownership
15.5. Drivers and Restraints: Impact Analysis
15.6. Representative Market Participants
16. Competition Analysis
16.1. Market Structure and Tier Analysis
16.2. Company Profiles
16.2.1. Terex Corporation (Genie)
16.2.2. Haulotte Group
16.2.3. Oshkosh Corporation (JLG Industries, Inc.)
16.2.4. Linamar Corporation
16.2.5. Aichi Corporation.
16.2.6. MEC Aerial Work Platforms
16.2.7. Palfinger AG
16.2.8. Hunan SINOBOOM Heavy Industry Co., Ltd.
16.2.9. Zhejiang Dingli Machinery Co., Ltd.:
16.2.10. Manitou BF, SA
16.2.11. Mantall Heavy Industry Co., Ltd
16.2.12. IMER International SpA
16.2.13. Noblelift Intelligent Equipment Co., Ltd.
16.2.14. J C Bamford Excavators Ltd
17. Research Methodology
18. Assumptions & Acronyms Used

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