Research Reports
Over 80% of Scissor Lift Sales to be accounted by AWP Rental Service Providers through 2031: New Study
Published by Uma Rajagopal
Posted on January 10, 2022
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Surging construction activities will be boost sales of scissor lifts. In a new study Future Market Insights (FMI) has projected the global market for scissor lifts to reach a market value of ~US$ 4.5 Bn by 2031.
With rental companies playing a pivotal role in the scissor lifts market, organization in the rental industry are expected to focus on expanding their network across developing countries, creating new growth prospects for manufacturers.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6627
While the growth projections for scissor lifts market remaining strong, the ongoing COVID-19 pandemic crisis is anticipated to cause a minor strain in demand. Disruptions witnessed in manufacturing units and supply chain networks due to shutdowns in a number of countries are expected to affect the consumption of Scissor Lifts. However the market is expected to recover in year 2021.
The market will especially gain from the rising demand from AWP rental service providers. FMI has projected the segment to account for over 80% of the demand recorded in the market through the forecast period. Also increasing application in manufacturing, construction, commercial, and other sectors will continue aiding growth.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-6627
Key Takeaways from Scissor Lifts Market Study
- Scissor lift market will expand at a steady pace, exhibiting 3.5% CAGR between 2021 and 2031
- The U.S. is expected to account for over 40% sales of scissor lifts
- U.K. will remain key market in Western Europe
- Germany and France will continue exhibiting high demand backed by rising construction activities
- Sales in Japan and South Korea to increase at a positive pace
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-6627
What’s the Future Outlook?
Growing shift towards hybrid lift development which help rental fleet owners to leverage the flexibility of scissor lift performance for higher utilization and longer term rentals is set to be remain as prominent force in shaping the scissor lifts market.
Who is winning?
Some of the leading companies operating in the scissor lifts market are Terex Corporation (Genie), JLG Industries, Inc., Linamar Corporation (Skyjack), Snorkel International, Haulotte Group, and Zhejiang Dingli Machinery Co, Ltd. These companies are incorporating new environmental-conscious technologies. Along with this, they are fine-tuning their expansion strategies to gain competitive edge.
For instance, Haulotte announced launching two new mobile elevating work platforms that have fully electric architecture to offer excellent performance, while reinforcing direction taken by the company towards environmentally friendly alternative energies.
Explore FMI’s Extensive Coverage on Industrial Automation Domain
Stainless Steel Welded Pipe Market– Stainless Steel Welded Pipe Market – Analysis, Outlook, Growth, Trends, Forecasts
Bridge Bearings Market – The global bridge bearings market was valued at US$ 674.33 Mn in 2021, and is likely to reach US$ 705.8 Mn in 2022.
Industrial Hearables Market – Industrial Hearables Market is projected to increase at a robust 7.8% CAGR between 2022 and 2026.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/scissor-lifts-market
Press Release: https://www.futuremarketinsights.com/press-release/scissor-lifts-market
Surging construction activities will be boost sales of scissor lifts. In a new study Future Market Insights (FMI) has projected the global market for scissor lifts to reach a market value of ~US$ 4.5 Bn by 2031.
With rental companies playing a pivotal role in the scissor lifts market, organization in the rental industry are expected to focus on expanding their network across developing countries, creating new growth prospects for manufacturers.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6627
While the growth projections for scissor lifts market remaining strong, the ongoing COVID-19 pandemic crisis is anticipated to cause a minor strain in demand. Disruptions witnessed in manufacturing units and supply chain networks due to shutdowns in a number of countries are expected to affect the consumption of Scissor Lifts. However the market is expected to recover in year 2021.
The market will especially gain from the rising demand from AWP rental service providers. FMI has projected the segment to account for over 80% of the demand recorded in the market through the forecast period. Also increasing application in manufacturing, construction, commercial, and other sectors will continue aiding growth.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-6627
Key Takeaways from Scissor Lifts Market Study
- Scissor lift market will expand at a steady pace, exhibiting 3.5% CAGR between 2021 and 2031
- The U.S. is expected to account for over 40% sales of scissor lifts
- U.K. will remain key market in Western Europe
- Germany and France will continue exhibiting high demand backed by rising construction activities
- Sales in Japan and South Korea to increase at a positive pace
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-6627
What’s the Future Outlook?
Growing shift towards hybrid lift development which help rental fleet owners to leverage the flexibility of scissor lift performance for higher utilization and longer term rentals is set to be remain as prominent force in shaping the scissor lifts market.
Who is winning?
Some of the leading companies operating in the scissor lifts market are Terex Corporation (Genie), JLG Industries, Inc., Linamar Corporation (Skyjack), Snorkel International, Haulotte Group, and Zhejiang Dingli Machinery Co, Ltd. These companies are incorporating new environmental-conscious technologies. Along with this, they are fine-tuning their expansion strategies to gain competitive edge.
For instance, Haulotte announced launching two new mobile elevating work platforms that have fully electric architecture to offer excellent performance, while reinforcing direction taken by the company towards environmentally friendly alternative energies.
Explore FMI’s Extensive Coverage on Industrial Automation Domain
Stainless Steel Welded Pipe Market– Stainless Steel Welded Pipe Market – Analysis, Outlook, Growth, Trends, Forecasts
Bridge Bearings Market – The global bridge bearings market was valued at US$ 674.33 Mn in 2021, and is likely to reach US$ 705.8 Mn in 2022.
Industrial Hearables Market – Industrial Hearables Market is projected to increase at a robust 7.8% CAGR between 2022 and 2026.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/scissor-lifts-market
Press Release: https://www.futuremarketinsights.com/press-release/scissor-lifts-market