Indoor Lifting Machine Global Market Report 2025

The indoor lifting machine market size has grown strongly in recent years. It will grow from $4.66 billion in 2024 to $5.05 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth during the historic period can be attributed to the increasing need for efficient material handling, the expansion of warehouses and logistics operations, the growing emphasis on reducing operational costs, the modernization of warehouse facilities, and the rising adoption of compact lifting solutions.

The indoor lifting machine market size is expected to see strong growth in the next few years. It will grow to $6.87 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to the increasing demand for safe material handling, a rising preference for energy-efficient and eco-friendly machines, growing demand for efficient maintenance solutions in commercial buildings, the expansion of rental and leasing services for lifting machines, and greater awareness of productivity improvements through mechanized lifting. Key trends expected during the forecast period include advancements in electric lifting technology, the integration of advanced automation and robotics, innovations in energy-efficient lifting systems, the development of zero-emission lifting solutions, and the adoption of advanced remote control and monitoring systems.

The increasing emphasis on workplace safety is expected to drive the growth of the indoor lifting machine market in the coming years. Workplace safety refers to the practices, policies, and measures implemented to protect employees from accidents, injuries, and health hazards while ensuring a safe and healthy work environment. The rising focus on workplace safety is largely driven by stricter government regulations that require organizations to adopt higher safety standards to ensure employee well-being and reduce legal and financial risks. Indoor lifting machines contribute to workplace safety by minimizing the need for manual lifting, lowering the risk of injuries such as strains and sprains, ensuring stable and controlled movement of heavy loads to prevent accidents, and improving efficiency while reducing physical strain, thereby creating a safer and healthier working environment. For example, in September 2024, according to the Central Statistical Office of Poland, a government agency based in Poland, workplace accidents caused 30,435 injuries during the first half of 2024, representing a 7.2 percent increase compared to the same period in 2023. Therefore, the growing focus on workplace safety is fueling the expansion of the indoor lifting machine market.

Key companies operating in the indoor lifting machine market are focusing on adopting advanced approaches such as zero-emission electric power to enhance operational efficiency, improve workplace safety, and reduce environmental impact. Zero-emission electric power refers to electricity generated without the release of harmful pollutants or greenhouse gases into the environment, using clean energy sources to ensure sustainable and eco-friendly energy generation. For instance, in April 2025, Lingong Heavy Machinery Co. Ltd. (LGMG), a China-based manufacturing company, introduced the compact A30JE electric boom lift designed specifically for indoor jobsites where space is limited and maneuverability is essential. The machine offers zero-emission performance, quiet operation, and high energy efficiency. Its compact structure and advanced safety features ensure smooth access to hard-to-reach areas while minimizing environmental impact, underscoring the company’s commitment to providing sustainable and innovative lifting solutions for modern indoor work environments. This launch is expected to strengthen the indoor lifting machine market by offering an efficient, safe, and sustainable solution aligned with contemporary jobsite needs.

In August 2024, Piab Group, a Sweden-based industrial technology company, acquired Alum-a-Lift for an undisclosed amount. This acquisition is expected to leverage Piab Group’s strong brand reputation, history of innovation, and global presence to enable Alum-a-Lift to expand further and ensure long-term business sustainability for the company and its employees. The combined expertise will strengthen their leadership position and support ongoing growth in the automation industry. Alum-a-Lift is a US-based manufacturer of indoor lifting machines.

Major players in the indoor lifting machine market are Furukawa Electric Co. Ltd., Genie, Columbus McKinnon Corporation, JLG Industries Inc., Enerpac Tool Group Corp., Bend-Pak Inc., Vestil Manufacturing Corporation, Spanco Limited, GGR Group, DACO Corporation, AeroGo Inc., Eoslift Automation Technology Corporation, Bishamon Industries Corp., WiscoLift Inc., Smartlift Machinery Trading And Rental Private Limited, Givens Lifting Systems Inc., Lifting Equipment Store Inc., Elephant Lifting Products LLC, Duff-Norton Company Inc., and TOYO KOKEN K.K.

North America was the largest region in the indoor lifting machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in indoor lifting machine report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

The indoor lifting machine market research report is one of a series of new reports that provides indoor lifting machine market statistics, including indoor lifting machine industry global market size, regional shares, competitors with a indoor lifting machine market share, detailed indoor lifting machine market segments, market trends and opportunities, and any further data you may need to thrive in the indoor lifting machine industry. This indoor lifting machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An indoor lifting machine refers to equipment designed for lifting, moving, and positioning heavy loads within indoor environments such as factories, warehouses, workshops, or storage facilities. These machines are specifically built for controlled spaces to enhance efficiency, minimize manual labor, and ensure safety in material handling, making them essential for smooth indoor operations.

The primary product types of indoor lifting machines include hydraulic lifting machines, electric lifting machines, and pneumatic lifting machines. Hydraulic lifting machines operate on the principle of fluid pressure to lift heavy loads. They utilize various power sources, including electric, diesel, gasoline, hybrid, and hydraulic. These machines come in different capacities such as light duty, medium duty, and heavy duty. They are widely used in warehousing, manufacturing, construction, and other applications, serving multiple end users across industrial, commercial, and residential sectors.

The countries covered in the indoor lifting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The indoor lifting machine market consists of sales of electric pallet jacks, order pickers, mobile floor cranes, electric stackers, and vacuum lifters. Values in this market are ‘factory gate’ values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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