Scissor Lift Market Trends, Growth Drivers, Forecast To 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Scissor Lift Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Scissor Lift Global Market Report 2024, The scissor lift market size has grown strongly in recent years. It will grow from $3.37 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%.  The  growth in the historic period can be attributed to increased emphasis on workplace safety, automotive industry demand, logistics and distribution growth, healthcare facility expansion, shift towards green buildings.The scissor lift market size is expected to see strong growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.

The growing expansion of the e-commerce industry is expected to fuel the growth of the scissor lift market in the future. E-commerce, which involves online buying and selling, relies heavily on efficient warehouse operations. Scissor lifts play a crucial role in warehouses by facilitating vertical movement for tasks like inventory management and order picking. For example, in the first quarter of 2021, e-commerce sales in the US surged by 39.0 percent compared to the same period in 2020, as reported by the United States Department of Commerce. This growth indicates an increased demand for warehouse equipment like scissor lifts to support the expanding e-commerce operations.

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The scissor lift market covered in this report is segmented –
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 Major Players

Linamar Corporation,

Terex Corporation,

Manitou BF,

Palfinger AG,

JLG Industries Inc. 

The scissor lift market report table of contents includes:
           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 Market Size and Growth
6. Scissor Lift Market Segmentation
7. Scissor Lift Market Regional And Country Analysis

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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, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Scissor Lift Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Scissor Lift Market, Segmentation By Engine, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Scissor Lift Market, Segmentation By Lift Height, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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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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