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

Construction Lift Market Synopsis


The Construction Lift Market is expected to grow with 7% CAGR during the forecast period.

The major factor driving the global construction lift market is the rise in the demand for residential and non-residential constructions all over the world.  The strict rules and regulations for the safety of workers in the construction industry and the rapidly increasing innovations of building, owing to aging structures is also driving the growth of the construction lift market. However, the growth of this market is expected to be restrained by the unavailability of skilled labor and the huge fluctuations in the prices of the raw materials.


Study Objectives of Construction Lift Market:



  • To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the global construction lift market

  • To provide insights about factors affecting the market growth

  • To analyze the global construction lift market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, APAC, and Rest of the World (ROW) and their countries

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segment by product, application, and regions

  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global construction lift market.


Key Players:


The key players of global construction lift market are Alimak Group AB (Sweden), Fraco Products Ltd (Canada), XL Industries (France), Maber (Nottingham), STROS(Czech Republic), Electroelsa SRL (Italy), GAOLI Engineering Machinery Co. ltd (Jiangsu), GEDA USA, LLC (U.S.), Ningbo Hongda Elevator Co. Ltd. (China), KAISAB Company Ltd. (Saudi Arabia),  KONE Corporation (Finland) and others.



Segmentation:


 Construction Lift Market Segmentation


 Regional Analysis of Global Construction Lift Market:


The Asia-Pacific region is the fastest growing region for the construction lift market, owing to rising disposable incomes and the booming construction industry. The increasing urbanization and the industrialization in the developing nations is also driving the growth of the Asia-Pacific region. The North America and Europe region has wide manufacturing base for construction lifts, which is further driving the growth of the market in their respective countries.


Target Audience:



  • Manufactures

  • Raw Materials Suppliers

  • Aftermarket suppliers

  • Research Institute / Education Institute

  • Potential Investors

  • Key executive (CEO and COO) and strategy growth manager


Product Analysis:



  • Product matrix which gives a detailed comparison of the market for different recycled product types


Additional Information:



  • Regulatory Landscape

  • Pricing Analysis



  • Macroeconomic Indicators


Geographic Analysis:



  • Geographical analysis across 15 countries


Company Information:



  • Profiling of 10 key  market players

  • In-depth analysis including SWOT analysis, and strategy  information of related to report title

  • Competitive landscape including emerging trends adopted by major companies


The report for Global Construction Lift Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   7% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Technology, by Application, by Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Alimak Group AB (Sweden), Fraco Products Ltd (Canada), XL Industries (France), Maber (Nottingham), STROS(Czech Republic), Electroelsa SRL (Italy), GAOLI Engineering Machinery Co. ltd (Jiangsu), GEDA USA, LLC (U.S.), Ningbo Hongda Elevator Co. Ltd. (China), KAISAB Company Ltd. (Saudi Arabia),  KONE Corporation (Finland)
  Key Market Opportunities

  • Increase in construction activities
  • Increase in industrialization
  • Rising urbanized population
  •   Key Market Drivers

  • Demand for residential and non-residential constructions
  • Rapidly increasing innovations of building


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    Frequently Asked Questions (FAQ) :


    Construction lift market is projected to grow at a 7% CAGR between 2018-2023.

    The APAC region is expected to have the largest share in the construction lift market.

    Growing demand for non-residential and residential constructions is the key factor driving the construction lift market.

    Fluctuations in raw material prices and scarcity of skilled labor may limit the construction lift market growth.

    Different strategies adopted by key players to stay ahead in the construction lift market include extensive R&D, new product developments, mergers and acquisitions, strategic alliances, and joint ventures.