Home > Industrial Machinery > Material Handling Equipment > Scissor Lift Market

Scissor Lift Market Analysis

  • Report ID: GMI4763
  • Published Date: May 2024
  • Report Format: PDF

Scissor Lift Market Analysis

Based on type, the electric accounted for a market share of around 68% in 2023. Electric scissor lifts are favored for their environmentally friendly operation, producing zero emissions during use. This aligns with increasing global focus on sustainability and reducing carbon footprint, driving demand for eco-friendly equipment across industries. Also, electric scissor lifts are preferred for indoor applications due to their quiet operation and absence of fumes, making them suitable for use in warehouses, manufacturing facilities, and indoor construction projects where noise and air quality are concerns.
 

Additionally, advancements in battery technology have improved the performance and efficiency of electric scissor lifts, offering longer run times and faster charging capabilities, further enhancing their appeal to customers seeking reliable and cost-effective solutions.
 

Global Scissor Lift Market Revenue Share, By Platform Height, 2023

Based on platform height, the below 10 to 20 meters segment dominated around 54% share of the scissor lift market in 2023 and is projected to grow by 2032. Scissor lifts caters to a wide range of applications across various industries, including construction, maintenance, warehousing, and logistics, where medium-height access is frequently required. Also, scissor lifts within this height range strike a balance between reach and maneuverability, making them versatile and suitable for both indoor and outdoor use.
 

In addition, advancements in technology have led to the development of highly efficient and ergonomic scissor lifts in this segment, further driving their demand. As industries continue to prioritize safety, efficiency, and productivity, the 10 to 20 meters segment is projected to experience sustained growth by 2032 as it meets the evolving needs of diverse applications.

 

North America Scissor Lift Market Size, 2022-2032 (USD Million)

North America region captured 35% share of the scissor lift market in 2023, driven by the growing demand for flexible access solutions without the burden of ownership. Rental companies are expanding their fleets to offer a diverse range of scissor lifts, catering to various industries including construction, manufacturing, and events, thereby contributing to regional market growth.
 

The scissor lift market in European countries including France, Spain, Germany, and the UK is witnessing a shift toward stricter safety regulations and standards. Governments are imposing stringent safety requirements to ensure workplace safety, leading to increased adoption of scissor lifts equipped with advanced features. Manufacturers are focusing on compliance and innovation to meet the evolving safety standards across these countries.
 

The Asia Pacific scissor lift market is characterized by rapid urbanization and infrastructure development, particularly in emerging economies such as China and India. This growth is fostering the demand for scissor lifts across the construction, manufacturing, and logistics sectors. Additionally, technological advancements and increasing awareness of workplace safety standards are contributing to the market expansion.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of scissor lift was reached USD 2.3 billion in 2023 and is estimated to register over 7% CAGR between 2024 and 2032, due to the growing preference for adaptable and versatile models that can meet diverse industrial needs.

The electric type segment recorded 68% share of the scissor lift market in 2023, as they are favored for their environmentally friendly operations and zero emissions during use.

North America held over 35% share of the global scissor lift market in 2023, driven by the growing demand for flexible access solutions without the burden of ownership.

JLG Industries, Terex (Genie), Skyjack (Linamar), Haulotte, Aichi Corp (Toyota Industries), and Manitou, among others

Scissor Lift Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 330
  • Countries covered: 22
  • Pages: 280
 Download Free Sample