Global Construction Lift Market Research Report- Forecast to 2027

Construction Lift Market Information by Product (Construction Hoists, Material Hoists, Work Platforms, Others), by Application (Residential, Non-Residential), and by Region – Forecast to 2027

ID: MRFR/CO/2525-HCR | February 2021 | Region: Global | 145 pages

Impact of COVID-19 on the Global Construction Lift Market


The COVID-19 pandemic has spread across the globe and has considerably affected the construction lift market. In March 2020, the declaration of coronavirus as a pandemic has resulted in lockdowns being imposed in most of the countries. The restrictions imposed by government authorities have compelled the industry players to allow their employees to work remotely. However, the adoption of automated technologies to minimize human interaction in manufacturing facilities is expected to support the growth of the global construction lift market over the projected timeframe. The use of technologies, including automated machinery and advanced electronics during the pandemic, has not only ensured the continuity of businesses but has also enhanced work productivity across the globe.


Several emerging and developed economies have implemented countrywide partial or complete lockdowns to maintain social distancing. Many of the sale outlets and e-commerce services were shut down to curb the spread of the pandemic. The manufacturing of construction-related products and the provision of related services was restricted to permitted limits during the lockdown. The production of construction lift was also affected, resulting in a demand and supply gap. The COVID-19 pandemic has affected the supply chains, limiting the growth of the global construction lift market. These factors have severely impacted the global economy and the revenue generation of the construction industry.


Sales of construction lifts play a vital role in generating revenue for the construction industry, owing to their high usage in the erection of commercial and residential buildings & offices. The reduced demand for construction lifts across the globe due to the ongoing crisis is expected to affect the construction equipment market share over the projected timeframe. However, industry participants are expected to improve their production capacities with the stabilizing market scenario over the projected timeframe. According to the MRF analysis, the global construction industry is expected to witness slow growth in the coming year, which is likely to affect the demand for construction lifts and related products across the globe. The construction lifts market is expected to recover in the Q1 of 2021.

Table of Contents

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Construction lift market, By Product

4.1 Roofing Materials Market

4.2 Material Hoists

4.3 Work Platforms

4.4 Others

5 Global Construction lift market, By Application

5.1 Introduction

5.2 Residential

5.3 Non-Residential

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K

6.3.2 France

6.3.3 Germany

6.3.4 Spain

6.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest of Asia-Pacific

6.5 Rest of the World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Product/Service Benchmarking

7.3 Alimak Group AB (Sweden)

7.3.1 Overview

7.3.2 Product/Service Offering

7.3.3 Strategy

7.4 Fraco Products Ltd (Canada)

7.4.1 Overview

7.4.2 Product/Service Offering

7.4.3 Strategy

7.5 XL Industries (France)

7.5.1 Overview

7.5.2 Product/Service Offering

7.5.3 Strategy

7.6 Maber (Nottingham)

7.6.1 Overview

7.6.2 Product/Service Offering

7.6.3 Strategy

7.7 STROS(Czech Republic)

7.7.1 Overview

7.7.2 Product/Service Offering

7.7.3 Strategy

7.8 Electroelsa SRL (Italy)

7.8.1 Overview

7.8.2 Product/Service Offering

7.8.3 Strategy

7.9 GAOLI Engineering Machinery Co. ltd (Jiangsu)

7.9.1 Overview

7.9.2 Product/Service Offering

7.9.3 Strategy

7.10 GAOLI Engineering Machinery Co. ltd (Jiangsu)

7.10.1 Overview

7.10.2 Product/Service Offering

7.10.3 Strategy

7.11 Ningbo Hongda Elevator Co. Ltd. (China)

7.11.1 Overview

7.11.2 Product/Service Offering

7.11.3 Strategy

7.12 KAISAB Company Ltd. (Saudi Arabia)

7.12.1 Overview

7.12.2 Product/Service Offering

7.12.3 Strategy


LIST OF TABLES

TABLE 1 GLOBAL CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 2 GLOBAL CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 3 GLOBAL CONSTRUCTION LIFT MARKET, BY REGIONS

TABLE 4 NORTH AMERICA CONSTRUCTION LIFT MARKET, BY COUNTRY

TABLE 5 NORTH AMERICA CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 6 NORTH AMERICA CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 7 U.S. CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 8 U.S. CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 9 CANADA CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 10 CANADA CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 11 EUROPE CONSTRUCTION LIFT MARKET, BY COUNTRY

TABLE 12 EUROPE CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 13 EUROPE CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 14 GERMANY CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 15 GERMANY CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 16 FRANCE CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 17 FRANCE CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 18 U.K. CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 19 U.K. CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 20 REST OF EUROPE CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 21 REST OF EUROPE CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 22 ASIA-PACIFIC CONSTRUCTION LIFT MARKET, BY COUNTRY

TABLE 23 ASIA-PACIFIC CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 24 ASIA-PACIFIC CONSTRUCTION LIFT MARKET, BY APPLICATION

TABLE 25 RWO CONSTRUCTION LIFT MARKET, BY PRODUCT

TABLE 26 ROW CONSTRUCTION LIFT MARKET, BY APPLICATION  

LIST OF FIGURES

FIGURE 1 RESEARCH PRODUCT

FIGURE 2 GLOBAL CONSTRUCTION LIFT MARKET: BY PRODUCT (%)

FIGURE 3 GLOBAL CONSTRUCTION LIFT MARKET: BY APPLICATION (%)

FIGURE 4 GLOBAL CONSTRUCTION LIFT MARKET: BY REGION

FIGURE 5 NORTH AMERICA CONSTRUCTION LIFT MARKET, BY PRODUCT (%)

FIGURE 6 NORTH AMERICA CONSTRUCTION LIFT MARKET, BY APPLICATION (%)

FIGURE 7 EUROPE CONSTRUCTION LIFT MARKET, BY PRODUCT (%)

FIGURE 8 EUROPE CONSTRUCTION LIFT MARKET, BY APPLICATION (%)

FIGURE 9 ASIA-PACIFIC CONSTRUCTION LIFT MARKET, BY PRODUCT (%)

FIGURE 10 ASIA-PACIFIC CONSTRUCTION LIFT MARKET, BY APPLICATION (%)

FIGURE 11 ROW CONSTRUCTION LIFT MARKET, BY PRODUCT (%)

FIGURE 12 ROW CONSTRUCTION LIFT MARKET, BY APPLICATION (%)