About Lifting Platform
Lifting platform is a small and versatile lifting platform intended for lifting clients and patients over level-based differences that span up to 50cms. This unique and durable lifting platform is well suited for locations that have limited space available, as it is easy to move and store when necessary. The rising number of diseases and the generic population providing the growth of this market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Lifting Platform market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Lifting Platform Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lifting Platform market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ACORN (United States) , Handicare (Sweden), Stannah (United Kingdom), ThyssenKrupp (Germany), Bruno (United States), Otolift (United Kingdom) , SUGIYASU (Japan) and Meditek (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lifting Platform market by Type (Straight and Curved), Application (Residence , Medicare Area , Public Place and Others ) and Region.
On the basis of geography, the market of Lifting Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Construction, the sub-segment i.e. Hydraulic will boost the Lifting Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Lift Chair in House
Market Growth Drivers:
Rising Number of Diseases and Increase Number of Generic Population
Challenges:
Lack of Awareness
Restraints:
High Cost of Lifting Platform
Opportunities:
Government Initiatives towards this Sector and High Demand for Lifting Platform from Emerging Countries
Market Leaders and their expansionary development strategies
In February 2024, Steel River, a catalyst for the next generation of industrial services, announced that the company has acquired WHECO, a global provider of crane and heavy-equipment repair, restoration and inspection. The acquisition significantly expands Steel River's capabilities in its existing markets, bringing expansive new facilities and additional technical expertise on board. The acquisition is also a major step toward Steel River's goal of building a national comprehensive lifting equipment solutions platform.
In December 2022, Among the products launched by ICARE Lifts System during the ACETECH 2022 exhibition was a series of machine room-less and low-pit elevator designs that are meant for elevators in residential complexes or homes.
Key Target Audience
Lifting Platform Manufacturers, Distributors and Suppliers, Industry Association, Downstream Vendors, Government Regularity Bodies, Private and Government Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.