An Increase in Sales and Production of Automobiles, the Growing Customization Trend in Automobiles, and the Rise in the Per Capita Income of Consumers are the Key Factors Driving the Demand for the United States Automotive Scissor Lift Market.
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An increase in Vehicle Production and Sales Drives the Market Demand
The United States boasts one of the largest automotive markets in the world. In 2020, around 275 million vehicles will be available on the road in the United States. The government encourages open investment and incentives for automobile manufacturers to boost automobile production. The presence of supportive infrastructure, a highly skilled workforce, and early adoption of advanced technologies make the automotive manufacturers set up manufacturing units in the United States. Automakers are investing hefty amounts in research and development activities for continuous evolution in technology to meet the rising demand from the country, which is expected to contribute to the market growth significantly. Customers are asking for customizations in automobiles and aftermarket services to take care of vehicles efficiently. Automobile manufacturers are opening up new automobile service centers and providing all kinds of services to customers, which is expected to boost the growth potential for the United States automotive scissor lift market in the next five years.Rise in Expenditure Capacity Supports the Market Growth
The United States is ranked among the top countries with the highest disposable per capita income. According to the U.S. Bureau of Economic Analysis, disposable income increased from USD 18240.90 billion in December 2021 to USD 18276.27 in January 2022. Rapid industrialization and urbanization and changing preferences towards quality lifestyles are fueling the sales of automobiles. With the growing sales of automobiles, the demand for excellent automotive aftermarket services is increasing at a rapid rate. Consumers are focusing on enhancing the aesthetic look of the automobile and are demanding customization in the automobile. The surging demand from consumers and the introduction of smart and safe lifts are expected to boost the United States automotive scissor lift market growth over the forecast period.Stringent Worker Safety Laws Fuel the Market Demand
Implementation of strict safety laws by the leading authorities to ensure worker safety makes the garage and workshop owners adopt measures. Garage and workshop owners are actively installing automotive scissor lifts to offer the workers a safe environment and ease repair and maintenance operations. The automotive scissor lift moves the vehicle vertically upward, and it provides ample work to the worker. Automotive scissor lift market players are working on improving the technology and are providing custom solutions to garage owners for better space optimization. The need to protect workers from any potential harm during automotive repair and maintenance operations is expected to fuel the market growth in the coming years.Market Segmentation
The United States automotive scissor lift market is divided into vehicle type, lifting capacity, lift height, type, regional distribution, and company. Based on the vehicle type, the market is divided into passenger cars, light commercial vehicles, and heavy commercial vehicles. Based on the lifting capacity, the market is divided into Up to 5,000 lb, 5,001-10,000 lb, and more than 10,000 lb. Based on the lift height, the market is divided into less than 10 m, 10 To 20 m, and more than 20 m. Based on type, the market is divided into hydraulic scissor lifts and pneumatic scissor lifts. To analyze the market based on the region, the United States automotive scissor lift market is studied in major regions namely the Southern region, Western region, Mid-Western region, and North-Eastern region.Market Players
BendPak Inc., Terex Corporation, Challenger Lifts Inc., Custom Equipment, LLC, Lift-A-Loft, Vehicle Service Group, ARI Phoenix, Inc., Nussbaum Custom Lifts GmbH, MAHA USA, Hunter Engineering Company, are the major market players operating in the United States automotive scissor lift market.Report Scope:
In this report, United States automotive scissor lift market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:United States Automotive Scissor Lift Market, By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
United States Automotive Scissor Lift Market, By Lifting Capacity:
- Up to 5,000 lb
- 5,001-10,000 lb
- More than 10,000 lb
United States Automotive Scissor Lift Market, By Lift Height:
- Less Than 10 M
- 10 To 20 M
- More Than 20 M
United States Automotive Scissor Lift Market, By Type:
- Hydraulic Scissor Lift
- Pneumatic Scissor Lift
United States Automotive Scissor Lift Market, By Region:
- South
- West
- Mid-West
- North-East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States automotive scissor lift market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BendPak Inc.
- Terex Corporation
- Challenger Lifts Inc.
- Custom Equipment, LLC
- Lift-A-Loft
- Vehicle Service Group
- ARI Phoenix, Inc.
- Nussbaum Custom Lifts GmbH
- MAHA USA
- Hunter Engineering Company