Global Vertical Platform Lifts (VPL) Market Growth 2023-2029

Global Vertical Platform Lifts (VPL) Market Growth 2023-2029

Vertical Platform Lifts (VPLs) - often called a porch lifts or deck lifts - can be an economical way to provide wheelchair access to a home or commercial space such as a school, church or public building.
LPI (LP Information)' newest research report, the “Vertical Platform Lifts (VPL) Industry Forecast” looks at past sales and reviews total world Vertical Platform Lifts (VPL) sales in 2022, providing a comprehensive analysis by region and market sector of projected Vertical Platform Lifts (VPL) sales for 2023 through 2029. With Vertical Platform Lifts (VPL) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vertical Platform Lifts (VPL) industry.
This Insight Report provides a comprehensive analysis of the global Vertical Platform Lifts (VPL) 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 Vertical Platform Lifts (VPL) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vertical Platform Lifts (VPL) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vertical Platform Lifts (VPL) 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 Vertical Platform Lifts (VPL).
The global Vertical Platform Lifts (VPL) market size is projected to grow from US$ 1811.7 million in 2022 to US$ 2821.9 million in 2029; it is expected to grow at a CAGR of 2821.9 from 2023 to 2029.
Global vertical platform lifts (VPL) main manufactuers include ThyssenKrupp Access, Savaria and Stannah, totally accounting for about 25% of the market. Europe is the largest market of vertical platform lifts, holding a share more than 40%. As for the types of products, it can be divided into less than or equal to 0.15 m/s, less than or equal to 0.3 m/s, less than or equal to 0.5 m/s and less than or equal to 0.75 m/s. The most common type is less than or equal to 0.15 m/s, with a share over 50%. As for the applications of products, it is widely used in residential and commercial and public. The most common application is in residential, with a share about 64%.
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Platform Lifts (VPL) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Less Than or Equal to 0.15 m/s
Less Than or Equal to 0.3 m/s
Less Than or Equal to 0.5 m/s
Less Than or Equal to 0.75 m/s
Segmentation by application
Residential
Commercial and Public
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.
ThyssenKrupp Access
Savaria
Stannah
Cibes
Mitsubishi
Otis
Fujitec
Hitachi
Aritco
Orona
Bruno
Stiltz
RAM Manufacturing
Symmetry Elevator
Terry Lifts
Kone
Goodgo

Key Questions Addressed in this Report
What is the 10-year outlook for the global Vertical Platform Lifts (VPL) market?
What factors are driving Vertical Platform Lifts (VPL) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vertical Platform Lifts (VPL) market opportunities vary by end market size?
How does Vertical Platform Lifts (VPL) 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.