Global Hydraulic Lifts Market Growth 2023-2029
Automotive lift refers to the automotive repair industry for automotive lifting equipment. Lift in the automotive repair and maintenance plays a crucial role, regardless of vehicle overhaul or minor repairs and maintenance, are inseparable from it, the nature of the product, quality directly affects the safety of maintenance personnel. In the repair and maintenance companies of all sizes, whether it is the maintenance of a variety of models of integrated class repair shop, or business scope Single Street shops (such as tire shop), almost all equipped with a lift.
LPI (LP Information)' newest research report, the “Hydraulic Lifts Industry Forecast” looks at past sales and reviews total world Hydraulic Lifts sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydraulic Lifts sales for 2023 through 2029. With Hydraulic Lifts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Lifts industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Lifts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydraulic Lifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydraulic Lifts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Lifts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydraulic Lifts.
The global Hydraulic Lifts market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The classification of Automotive Lifts includes Two-post Lifts, Four-post Lifts, Scissor Lifts and Others, and the proportion of Two-post Lifts in 2019 is about 72.03%, and the proportion is in decrease trend in the future.
Automotive Lifts is widely used in Automobile Repair Shop, 4S Shop and Others. The most proportion of Automotive Lifts is Automobile Repair Shop and in 2019 with 76.97% market share. The proportion is in decrease trend in the future. 4S Shop will gain more market share.
China is the largest consumption region of Automotive Lifts, with a market share nearly 56.32% in 2019. Japan is the second largest supplier of Automotive Lifts, enjoying market share nearly 13.79% in 2019.
Sugiyasu, LAUNCH, Vehicle Service Group, EAE, GAOCHANG, Balance, FanBao, PEAK, CARLEO and MAHA are the leaders of the industry and they hold key technologies and patents with high-end customers. Top ten players account for 48.88% of total market.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Lifts market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Two-Post Lifts
Four-Post Lifts
Scissor Lifts
Other
Segmentation by application
Automobile Repair Shop
4S Shop
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sugiyasu
LAUNCH
Vehicle Service Group
EAE
GAOCHANG
Balance
FanBao
PEAK
CARLEO
MAHA
Desiree
Bendpak
Nussbaum
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Lifts market?
What factors are driving Hydraulic Lifts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Lifts market opportunities vary by end market size?
How does Hydraulic Lifts break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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