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India Vehicle Lifts Market Research Report Data by (into two-post lifts, four-post lifts, scissors lift mobile/portable lifts, in-ground lifts, parking lifts and others), By Capacity (Below 4,500 Kg, 4,501 – 7,000 Kg, 7,001-10,000 Kg and Above 10,000 Kg),

Publisher Market Research Future
Published Jun 05, 2024
Length 172 Pages
SKU # RESFT18957723

Description

India Vehicle Lifts Market Research Report Data by (into two-post lifts, four-post lifts, scissors lift mobile/portable lifts, in-ground lifts, parking lifts and others), By Capacity (Below 4,500 Kg, 4,501 – 7,000 Kg, 7,001-10,000 Kg and Above 10,000 Kg), By End User (auto dealerships, independent repair shops, specialty service providers, automotive manufacturers, residential, commercial, government and public facilities and others) Industry Forecast to 2032


The India Vehicle Lifts market was valued at USD 25,964.62 thousand in 2022 and is anticipated to reach USD 49,408.55 thousand by 2032, with a compound annual growth rate (CAGR) of 6.68% over the forecast period. The largest market share is held by North India, with 29.0%, followed by South India (25.71%) and West India (22.59%). Furthermore, it is anticipated that East India will experience the highest CAGR (7.18%) during the forecast period of 2023-2032, followed by North India (6.85%).

The Indian vehicle lifts market is experiencing significant growth, which is being driven by the expansion of the automotive industry, increased disposable income, and urbanization. Vehicle lifts are essential for the efficient maintenance and repair of automobiles, thereby improving the overall efficacy of automotive workshops and service centers. The demand for passenger and commercial vehicles in India is increasing, resulting in a growing need for advanced and dependable vehicle lifting solutions. This has created substantial opportunities for market participants.

The rapid expansion of the automotive aftermarket sector is one of the primary drivers of growth in the India vehicle lifts market. The demand for vehicle elevators throughout the nation is on the rise as the number of vehicles in the country continues to increase, fueling the demand for maintenance and repair services. Furthermore, the necessity for timely servicing and repairs, in conjunction with the increasing complexity of contemporary vehicles, is compelling automotive workshops to invest in sophisticated lifting equipment that can effectively service a diverse array of vehicles.

Additionally, it is anticipated that the Indian vehicle lifts market will be significantly affected by the transition to electric and hybrid electric vehicles. Specialized elevating solutions that can accommodate the specific characteristics of electric vehicles (EVs) and hybrid vehicles are frequently required due to their unique maintenance requirements and components. The market participants will be presented with lucrative opportunities as the demand for vehicle lifts designed to accommodate the servicing requirements of these environmentally friendly vehicles continues to increase in India, as the adoption of electric and hybrid vehicles continues to expand.

Market Segmentation

The India Vehicle Lifts market has been categorized into the following type categories: two-post lifts, four-post lifts, scissors lift mobile/portable lifts, in-ground lifts, parking lifts, and others.

The market has been divided into four segments: Below 4,500 Kg, 4,501–7,000 Kg, 7,001–10,000 Kg, and Above 10,000 Kg, all of which are based on capacity.

The India Vehicle Lifts market has been segmented into the following categories based on end-users: auto dealerships, independent repair shops, specialty service providers, automotive manufacturers, residential, commercial, government, and public facilities, among others.

Major Players

ATS ELGI Limited, RR Parkon, GMV INDIA, Manatec, Naugra, Oil Lube Systems Pvt Ltd., Sarveshwari Technologies Limited (SARV), and Kelvin Elevators are the primary market participants in the India Vehicle lift market.

Table of Contents

172 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Type
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand For Maintenance And Repair Services
4.2.2 Growth In Automotive Sector
4.3 Restraints
4.3.1 High Initial Investment Costs Deter Adoption
4.3.2 Slow Adoption Due To Traditional Reliance On Manual Methods
4.4 Opportunity
4.4.1 Urbanization Drives Demand For Parking Solutions
4.4.2 Adoption Of Advanced Technologies In Automotive Repair
4.5 Challenges
4.5.1 Skill Gap In Maintenance And Operation Workforce
4.6 Impact Analysis Of Covid-
4.6.1 Impact On Overall Indian Automotive Industry
4.6.2 Impact On Supply Chain Delays Of Vehicle Lifts Market
4.6.3 Impact On Market Demand Of Vehicle Lifts Market
4.6.4 Impact On Pricing Of Vehicle Lifts Market
4.7 Technology Trends
4.7.1 Adoption Of Hydraulic And Electro-hydraulic Lifts
4.7.2 Integration Of Iot And Connectivity Features
4.7.3 Modular And Space-saving Designs
4.7.4 Automated And Robotic Lift Systems
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material
5.1.2 Manufacturing
5.1.3 Distribution
5.1.4 After-sales Support
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
5.3 Government Policies, Schemes, Incentives And Regulations And Its Impact On Vehicle Lifts Market
5.4 Market Swot Analysis
5.4.1 Strengths
5.4.2 Weaknesses
5.4.3 Opportunities
5.4.4 Threats
5.5 Market Pestel Analysis
5.5.1 Political Factors
5.5.2 Economic Factors
5.5.3 Social Factors
5.5.4 Technological Factors
5.5.5 Environmental Factors
5.5.6 Legal Factors
5.6 Pricing Trend Analysis, ($/Unit): 2
5.7 Industry Development Trends
5.8 Present Technology Trends And Forecasts
5.9 Customer’s Buying Behavior Analysis
5.9.1 By Product Type And End Users
5.9.2 Potentially Attractive Price Points For Various Industries / Applications / Regions /
Product Lines
5.9.3 Met And Unmet Expectations / Needs
5.9.4 Industry And Application Segment Specific Regulatory Compliance To Standards And Industry Specific Certification
5.9.5 Competitor Wise Product Wise Delivery Lead Time For Industry And Application Segments
5.9.6 All Industry Segment And Application Segment Specific Vendor Selection Process / Criteria / Credit Terms
6 India Vehicle Lifts Market, By Type
6.1 Overview
7 India Vehicle Lifts Market, By Capacity
7.1 Overview
8 India Vehicle Lifts Market, By End-users
8.1 Overview
9 India Vehicle Lifts Market, By Region
9.1 India
9.2 East India
9.3 West India
9.4 South India
9.5 North India
9.6 Central India
10 Competitive Landscape
10.1 Competitive Overview
10.2 Major Players In The India Vehicle Lifts Market
10.2.1 Major Players In The India Vehicle Lifts Market By Value
10.2.2 Major Players In The India Vehicle Lifts Market By Volume
10.3 Major Local Players In The India Vehicle Lifts Market
10.3.1 Major Local Players In The India Vehicle Lifts Market By Value
10.3.2 Major Local Players In The India Vehicle Lifts Market By Volume
10.4 Major Overseas Players In The India Vehicle Lifts Market
10.4.1 Major Overseas Players In The India Vehicle Lifts Market By Value
10.4.2 Major Overseas Players In The India Vehicle Lifts Market By Volume
10.5 Local Vs Overseas Players In The India Vehicle Lifts Market
10.5.1 Local Vs Overseas Players In The India Vehicle Lifts Market By Value
10.5.2 Local Vs Overseas Players In The India Vehicle Lifts Market By Volume
10.6 Major Players In Terms Of Market Disruptors & Innovators
10.7 Competitive Benchmarking
10.8 Strategies Of Market Leaders In The India Vehicle Lifts Market
10.8.1 Product Launches Or Upgrades
10.8.2 Expansion Initiatives
10.8.3 Partnerships And Collaborations
10.8.4 Technological Innovations
10.8.5 Customer Success Stories
10.9 Major Players Manufacturing Facilities (Locations/Address)
10.10 Gap Analysis
10.10.1 Technology Trends Present And Future
10.10.2 Distribution Channel
10.10.3 Post Sales Service Support
10.10.4 Geographical Presence
10.10.5 End Application And Industry Specific Business Presence
10.10.6 Critical Success Factors
10.10.7 Attractive Markets Application Segments / Industries / Regions Which Should Be Focused On Or Targeted Along With Rationale For The Same
10.11 Major Players Technological Outlook/Trends And Research & Development
10.11.1 Technology Outlook/Trends
10.11.2 Research & Development
10.12 Major Players Manufacturing Facilities (Locations/Address)
10.13 Distribution Channel And After Sales Service Model Analysis
10.13.1 Distribution Channel Analysis:
10.13.2 After-sales Service Model Analysis:
11 Company Profiles
11.1 Ats Elgi Limited
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Services Offered
11.1.4 Key Developments
11.1.5 Sales Process
11.1.6 Swot Analysis
11.1.7 Key Business Strategies
11.1.8 Product Development Strategies
11.1.9 Value Proposition / Unique Selling Point
11.2 Sarveshwari Technologies Limited (Sarv)
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 Sales Process
11.2.6 Swot Analysis
11.2.7 Key Business Strategies
11.2.8 Product Development Strategies
11.2.9 Value Proposition / Unique Selling Point
11.3 Manatec
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 Sales Process
11.3.6 Swot Analysis
11.3.7 Key Business Strategies
11.3.8 Product Development Strategies
11.3.9 Value Proposition / Unique Selling Point
11.4 New Tech Garage Equipments
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 Sales Process
11.4.6 Swot Analysis
11.4.7 Key Business Strategies
11.4.8 Product Development Strategies
11.4.9 Value Proposition / Unique Selling Point
11.5 Schumak Equipment
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 Sales Process
11.5.6 Swot Analysis
11.5.7 Key Business Strategies
11.5.8 Product Development Strategies
11.5.9 Value Proposition / Unique Selling Point
11.6 Vses India Pvt Ltd
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 Sales Process
11.6.6 Swot Analysis
11.6.7 Key Business Strategies
11.6.8 Product Development Strategies
11.6.9 Value Proposition / Unique Selling Point
11.7 Sunrise Instruments Private Limited
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products/Services Offered
11.7.4 Key Developments
11.7.5 Sales Process
11.7.6 Swot Analysis
11.7.7 Key Business Strategies
11.7.8 Product Development Strategies
11.7.9 Value Proposition / Unique Selling Point
11.8 Naugra
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products/Services Offered
11.8.4 Key Developments
11.8.5 Sales Process
11.8.6 Swot Analysis
11.8.7 Key Business Strategies
11.8.8 Product Development Strategies
11.8.9 Value Proposition / Unique Selling Point
11.9 Gmv India
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products Offered
11.9.4 Key Developments
11.9.5 Sales Process
11.9.6 Swot Analysis
11.9.7 Key Business Strategies
11.9.8 Product Development Strategies
11.9.9 Value Proposition / Unique Selling Point
11.10 Rr Parkon
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products Offered
11.10.4 Key Developments
11.10.5 Sales Process
11.10.6 Swot Analysis
11.10.7 Key Business Strategies
11.10.8 Product Development Strategies
11.10.9 Value Proposition / Unique Selling Point
11.11 Rana Material Handling Equipments Pvt. Ltd
11.11.1 Company Overview
11.11.2 Financial Overview
11.11.3 Products Offered
11.11.4 Key Developments
11.11.5 Sales Process
11.11.6 Swot Analysis
11.11.7 Key Business Strategies
11.11.8 Product Development Strategies
11.11.9 Value Proposition / Unique Selling Point
11.12 Oil Lube Systems Pvt Ltd.
11.12.1 Company Overview
11.12.2 Financial Overview
11.12.3 Products/Services Offered
11.12.4 Key Developments
11.12.5 Sales Process
11.12.6 Swot Analysis
11.12.7 Key Business Strategies
11.12.8 Product Development Strategies
11.12.9 Value Proposition / Unique Selling Point
11.13 Blue Star Elevators (India) Ltd.
11.13.1 Company Overview
11.13.2 Financial Overview
11.13.3 Products/Services Offered
11.13.4 Key Developments
11.13.5 Sales Process
11.13.6 Swot Analysis
11.13.7 Key Business Strategies
11.13.8 Product Development Strategies
11.13.9 Value Proposition / Unique Selling Point
11.14 Trinity Autoequip Private Limited
11.14.1 Company Overview
11.14.2 Financial Overview
11.14.3 Products/Services Offered
11.14.4 Key Developments
11.14.5 Sales Process
11.14.6 Swot Analysis
11.14.7 Key Business Strategies
11.14.8 Product Development Strategies
11.14.9 Value Proposition / Unique Selling Point
11.15 Kelvin Elevators
11.15.1 Company Overview
11.15.2 Financial Overview
11.15.3 Products/Services Offered
11.15.4 Key Developments
11.15.5 Sales Process
11.15.6 Swot Analysis
11.15.7 Key Business Strategies
11.15.8 Product Development Strategies
11.15.9 Value Proposition / Unique Selling Point
12 Appendix
12.1 References
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 3 India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 4 India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 5 India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 6 India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 7 India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 8 India Vehicle Lifts Market, By Region, 2019–2032 (Usd Thousand)
Table 9 India Vehicle Lifts Market, By Region, 2019–2032 (Units)
Table 10 East India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 11 East India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 12 East India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 13 East India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 14 East India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 15 East India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 16 West India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 17 West India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 18 West India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 19 West India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 20 West India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 21 West India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 22 South India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 23 South India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 24 South India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 25 South India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 26 South India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 27 South India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 28 North India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 29 North India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 30 North India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 31 North India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 32 North India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 33 North India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 34 Central India Vehicle Lifts Market, By Type, 2019–2032 (Usd Thousand)
Table 35 Central India Vehicle Lifts Market, By Type, 2019–2032 (Units)
Table 36 Central India Vehicle Lifts Market, By Capacity, 2019–2032 (Usd Thousand)
Table 37 Central India Vehicle Lifts Market, By Capacity, 2019–2032 (Units)
Table 38 Central India Vehicle Lifts Market, By End-users, 2019–2032 (Usd Thousand)
Table 39 Central India Vehicle Lifts Market, By End-users, 2019–2032 (Units)
Table 40 Major Players In Terms Of Market Disruptors & Innovators
Table 41 Major Players Manufacturing Facilities (Locations/Address)
Table 42 Major Players Technology/Products Benchmarking
Table 43 Major Players Manufacturing Facilities (Locations/Address)
Table 44 Ats Elgi Limited: Products/Services Offered
Table 45 Sales Process
Table 46 Sarveshwari Technologies Limited (Sarv): Products Offered
Table 47 Sales Process
Table 48 Manatec: Products Offered
Table 49 Sales Process
Table 50 New Tech Garage Equipments: Products Offered
Table 51 Sales Process
Table 52 Schumak Equipment: Products Offered
Table 53 Sales Process
Table 54 Vses India Pvt Ltd: Products Offered
Table 55 Sales Process
Table 56 Sunrise Instruments Private Limited: Products/Services Offered
Table 57 Sales Process
Table 58 Naugra: Products/Services Offered
Table 59 Sales Process
Table 60 Gmv India: Products Offered
Table 61 Sales Process
Table 62 Rr Parkon: Products Offered
Table 63 Rr Parkon: Key Developments
Table 64 Sales Process
Table 65 Rana Material Handling Equipments Pvt. Ltd: Products Offered
Table 66 Sales Process
Table 67 Oil Lube Systems Pvt Ltd.: Products/Services Offered
Table 68 Sales Process
Table 69 Blue Star Elevators (India) Ltd.: Products/Services Offered
Table 70 Sales Process
Table 71 Trinity Autoequip Private Limited: Products/Services Offered
Table 72 Sales Process
Table 73 Kelvin Elevators: Products/Services Offered
Table 74 Sales Process
List Of Figures
Figure 1 India Vehicle Lifts Market: Executive Summary
Figure 2 India Vehicle Lifts Market: Structure
Figure 3 India Vehicle Lifts Market: Market Growth Factor Analysis (2022-2032)
Figure 4 Driver Impact Analysis (2023-2032)
Figure 5 Restraint Impact Analysis (2022-2032)
Figure 6 Value Chain Analysis Of The India Vehicle Lifts Market
Figure 7 Porter’s Five Forces Analysis: India Vehicle Lifts Market
Figure 8 India Vehicle Lifts Market, By Type, 2022 & 2032 (Usd Thousand)
Figure 9 India Vehicle Lifts Market Share (%), By Type, 2
Figure 10 India Vehicle Lifts Market, By Capacity, 2022 & 2032 (Usd Thousand)
Figure 11 India Vehicle Lifts Market Share (%), By Capacity, 2
Figure 12 India Vehicle Lifts Market, By End-users, 2022 & 2032 (Usd Thousand)
Figure 13 India Vehicle Lifts Market Share (%), By End-users, 2
Figure 14 India Vehicle Lifts Market Share, By Region, 2022 (% Share)
Figure 15 India Vehicle Lifts Market, By Region, 2022 & 2032 (Usd Thousand)
Figure 16 India Vehicle Lifts Market Share Analysis By Value, 2023 (%)
Figure 17 India Vehicle Lifts Market Share Analysis By Volume, 2023 (%)
Figure 18 India Vehicle Lifts Market Share Analysis By Value, 2023 (%)
Figure 19 India Vehicle Lifts Market Share Analysis By Volume, 2023 (%)
Figure 20 India Vehicle Lifts Market Share Analysis By Value, 2023 (%)
Figure 21 India Vehicle Lifts Market Share Analysis By Volume, 2023 (%)
Figure 22 India Vehicle Lifts Market Share Analysis By Value, 2023 (%)
Figure 23 India Vehicle Lifts Market Share Analysis By Volume, 2023 (%)
Figure 24 Benchmarking Of Major Competitors
Figure 25 Ats Elgi Limited: Financial Overview Snapshot
Figure 26 Ats Elgi Limited: Swot Analysis
Figure 27 Sarveshwari Technologies Limited (Sarv): Swot Analysis
Figure 28 Manatec: Swot Analysis
Figure 29 New Tech Garage Equipments: Swot Analysis
Figure 30 Schumak Equipment: Swot Analysis
Figure 31 Vses India Pvt Ltd: Swot Analysis
Figure 32 Sunrise Instruments Private Limited: Swot Analysis
Figure 33 Naugra: Swot Analysis
Figure 34 Gmv India: Swot Analysis
Figure 35 Rr Parkon: Financial Overview Snapshot
Figure 36 Rr Parkon: Swot Analysis
Figure 37 Rana Material Handling Equipments Pvt. Ltd: Swot Analysis
Figure 38 Oil Lube Systems Pvt Ltd.: Swot Analysis
Figure 39 Blue Star Elevators (India) Ltd.: Swot Analysis
Figure 40 Trinity Autoequip Private Limited: Swot Analysis
Figure 41 Kelvin Elevators: Swot Analysis

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