US Construction Lift Market Research Report: By Product (Construction Hoists, Material Hoists, Work Platforms) and By Application (Residential, Non-residential) - Forecast to 2035

US Construction Lift Market Overview

The US Construction Lift Market Size was estimated at 306.72 (USD Million) in 2023. The US Construction Lift Industry is expected to grow from 350(USD Million) in 2024 to 750 (USD Million) by 2035. The US Construction Lift Market CAGR (growth rate) is expected to be around 7.174% during the forecast period (2025 - 2035).

Key US Construction Lift Market Trends Highlighted

The US Construction Lift Market is witnessing notable trends driven primarily by an increasing focus on safety and efficiency in construction operations. With ongoing infrastructure projects and a rising number of residential and commercial developments across the country, the demand for construction lifts is steadily growing. The push for modernization in construction practices, including the adoption of advanced technologies such as telematics and automation, is helping boost market growth. Companies are increasingly integrating smart features into their equipment, which enhances operational efficiency and ensures compliance with safety regulations set by organizations like OSHA.Opportunities in the US market are largely centered around the need for sustainable and eco-friendly construction solutions. As environmental regulations tighten, there is a significant opportunity for manufacturers to develop electric or hybrid lifts that reduce carbon emissions. Furthermore, the growing trend of urbanization in major US cities opens avenues for innovative products tailored to limited space conditions, such as compact and versatile lifts. Recent trends also indicate that rental services for construction lifts are gaining popularity, driven by the need for cost-effective solutions among contractors who prefer to minimize capital expenditure.This is further supported by the trend of increased investment in infrastructure by federal and state governments, highlighting the importance of public-private partnerships in construction projects. The emergence of advanced safety features, along with the rising demand for skilled operators, is setting a new standard in the industry, steering the market towards more efficient and safer operations. Such dynamics reflect a careful adaptation to changing construction practices and project demands in the US.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Construction Lift Market Drivers

Growing Demand for Urban Infrastructure Development

In the United States, urban infrastructure development is witnessing substantial growth, primarily driven by the increasing need for modern transportation systems, smart cities, and enhanced public amenities. The American Society of Civil Engineers (ASCE) has reported that the U.S. infrastructure requires approximately 4.5 trillion USD in investment by 2025 to maintain current conditions and improve performance. This significant financial requirement is likely to lead to a surge in construction activities, thereby boosting the US Construction Lift Market Industry.As urban areas continue to expand, so will the necessity for construction lifts that facilitate effective vertical transportation in multi-story buildings and infrastructures. This burgeoning infrastructure investment reflects the growing demand for construction lifts, vital for meeting project timelines and ensuring worker safety. Hence, entities like the U.S. Department of Transportation and ASCE play pivotal roles in shaping policies that prioritize infrastructure enhancement and consequently stimulate the US Construction Lift Market.

Technological Advancements in Construction Equipment

The US Construction Lift Market Industry is experiencing a transformative phase due to rapid technological advancements in construction equipment. The incorporation of modern technology such as automation, artificial intelligence (AI), and telematics is increasing the efficiency and safety of construction lifts. According to a report from the Construction Industry Institute, the adoption of technologies in construction has proven to boost productivity by up to 10-15%.This increased productivity requires more efficient construction lifts to support the growing complexities of modern construction processes. Major equipment manufacturers in the U.S., including JLG Industries and Genie, are continually investing in Research and Development to innovate and enhance their product offerings. This technological progression not only meets safety standards but also aligns with the industry’s shift towards intelligent machinery, thus driving the market forward.

Regulatory Support for Safety Standards

In recent years, the United States has seen an increase in regulatory support aimed at enhancing safety standards in the construction sector. The Occupational Safety and Health Administration (OSHA) has reinforced regulations that require companies to utilize powered lifts for any work occurring at heights exceeding six feet. Compliance with these safety regulations is essential to mitigate workplace accidents, which have been highlighted by an Occupational Safety and Health Administration report showing that falls accounted for 33% of construction fatalities in the previous year.This enhanced commitment to workplace safety drives the demand for construction lifts, as they are essential for maintaining compliance. The rigorous regulatory environment ensures that only the latest and safest equipment will be utilized in the field, therefore promoting consistent growth in the US Construction Lift Market Industry.

US Construction Lift Market Segment Insights

Construction Lift Market Product Insights

The US Construction Lift Market has been displaying a steady growth trajectory, bolstered by various factors including a booming construction industry and increasing demand for efficient lifting solutions. Within this market, the Product segment comprises vital categories such as Construction Hoists, Material Hoists, and Work Platforms, each playing an essential role in enhancing productivity and safety in construction projects. Construction Hoists are primarily utilized for transporting personnel and materials vertically, which is especially significant in high-rise projects, thereby improving operational efficiency.Given the large-scale infrastructure developments taking place across the United States, these hoists have gained substantial importance. On the other hand, Material Hoists facilitate the movement of heavy construction materials, allowing for streamlined workflows and reduced labor costs. Their efficiency in handling bulk materials has made them a preferred choice on many job sites, especially in urban areas where space is limited, and enhances safety by minimizing the risk of manual lifting injuries. Work Platforms, including scaffolding and aerial lifts, provide essential access solutions, allowing workers to perform tasks at varying heights without compromising safety.These platforms are instrumental in projects such as building renovations and maintenance, where temporary access solutions are necessary. In addition to their functional significance, the ongoing advancements in technology and increasing focus on safety regulations within the construction industry are likely to further propel the demand for these products. Additionally, as sustainability becomes a fundamental consideration, eco-friendly lifting solutions are emerging as a significant trend. The continued investment in infrastructure and construction, along with stringent safety and regulatory standards, presents numerous opportunities for growth within these segments of the US Construction Lift Market.Overall, each category within the Product segment possesses unique features that align with the evolving needs of the construction industry, and they collectively contribute to the overall progress and modern efficiencies in construction operations across the United States.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Construction Lift Market Application Insights

The Application segment of the US Construction Lift Market plays a crucial role in facilitating various construction processes across multiple sectors. This segment is primarily divided into Residential and Non-residential applications, each catering to distinct requirements of the construction industry. The Residential sector focuses on housing developments, renovation projects, and infrastructure enhancements that support everyday living. Meanwhile, the Non-residential sector encompasses a range of commercial, industrial, and institutional buildings, thereby driving demand for more specialized lifting equipment.The significant growth of urbanization in the US has resulted in increased investments in both segments, pushing for advanced lifting solutions that enhance efficiency and safety on job sites. The shift toward sustainable construction practices further emphasizes the need for reliable and innovative lift solutions that comply with environmental standards. Overall, the Application segment demonstrates a steady growth trajectory, reflecting the evolving needs and preferences of the construction sector in the US. Key trends include the integration of smart technology in equipment and the expansion of rental models, which provide flexibility and cost-effectiveness in both Residential and Non-residential applications while adapting to market fluctuations.

US Construction Lift Market Key Players and Competitive Insights

The competitive landscape of the US Construction Lift Market is characterized by a high degree of innovation, rapid technological advancements, and a strong focus on safety and efficiency. As infrastructure projects surge and the demand for access solutions increases, companies in this sector are continuously evolving their product offerings to meet customer needs. Players within this market leverage cutting-edge technology to enhance performance, sustainability, and ease of use, setting themselves apart through unique value propositions. The market is marked by a mix of established brands and emerging companies, creating a competitive dynamic that fosters continual growth and development in response to shifting consumer expectations and regulatory frameworks.JLG Industries has established a robust presence in the US Construction Lift Market, recognized for its diverse portfolio of aerial work platforms and telehandlers. The company is celebrated for its commitment to quality, innovation, and customer-centric solutions, which have positioned it as a leader in the industry. Its strengths lie in its advanced technology platforms that prioritize safety and enhance productivity, catering to varied applications across construction and industrial sectors. JLG Industries' extensive dealer network ensures widespread availability of their products, coupled with excellent customer support and maintenance services that bolster customer satisfaction and loyalty. The brand's reputation for reliability and innovation significantly contributes to its competitive edge, enabling it to capture a keen share of the market.Manitou Group, a notable player in the US Construction Lift Market, focuses on providing versatile lifting solutions, including telehandlers, aerial platforms, and rough terrain forklifts. The company's key products are well-suited for difficult job sites, making them attractive options for contractors and builders seeking reliable equipment. Manitou Group’s strength lies in its deep understanding of customer needs, reinforced by its focus on technological advancements and sustainable practices. The company has seen favorable market penetration, partially driven by strategic mergers and acquisitions that enhance its product offerings and operational capabilities in the US. Additionally, Manitou Group emphasizes strong relationships with dealers and end-users, ensuring optimal feedback integration into product development processes, thereby positioning itself as a responsive and forward-thinking entity in the competitive landscape of the US Construction Lift Market.

Key Companies in the US Construction Lift Market Include

• JLG Industries


• Manitou Group


• Herc Rentals


• Skyjack


• Snorkel


• Scissor Lift Rentals


• Wolter Group


• United Rentals


• Terex Corporation


• Sunbelt Rentals


• Aichi Corporation


• Genie Industries


• LiftOne


• HysterYale Materials Handling

US Construction Lift Market Industry Developments

In recent months, the US Construction Lift Market has seen several significant developments, particularly involving major players such as JLG Industries, United Rentals, and Genie Industries. The lift rental sector is flourishing, driven by increasing investments in infrastructure projects. Notably, in September 2023, United Rentals announced the acquisition of a fleet of high-capacity telehandlers from JLG Industries, enhancing their operational capacity. In June 2023, Herc Rentals launched a new line of electric lifts, reflecting the industry's shift towards sustainability. Additionally, Sunbelt Rentals has been expanding its footprint by opening new branches across several states to accommodate growing demand. The market is benefiting from a projected growth of up to 20 percent in valuation over the next five years, attributed to increasing residential and commercial construction activities, as well as a surge in the demand for rental equipment. The past two years have also witnessed notable mergers, including the partnership between Manitou Group and Aichi Corporation in July 2022, aiming to enhance their product offerings in the North American market. Overall, the US Construction Lift Market is poised for continued growth, driven by technological advancements and the rising adoption of eco-friendly equipment.

US Construction Lift Market Segmentation Insights

Construction Lift Market Product Outlook

• Construction Hoists


• Material Hoists


• Work Platforms

Construction Lift Market Application Outlook

• Residential


• Non-residential

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	306.72(USD Million)
MARKET SIZE 2024	350.0(USD Million)
MARKET SIZE 2035	750.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	7.174% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	JLG Industries, Manitou Group, Herc Rentals, Skyjack, Snorkel, Scissor Lift Rentals, Wolter Group, United Rentals, Terex Corporation, Sunbelt Rentals, Aichi Corporation, Genie Industries, LiftOne, HysterYale Materials Handling
SEGMENTS COVERED	Product, Application
KEY MARKET OPPORTUNITIES	Increased infrastructure investment, Rising demand for rental lifts, Growth of green construction practices, Technological advancements in lifts, Expansion into urban areas
KEY MARKET DYNAMICS	Rising construction activities, Urban infrastructure development, Technological advancements, Increased safety regulations, Rental market growth
COUNTRIES COVERED	US