The global garage lifting equipment market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for automotive lifts in the aftermarket segment and OEM segment, which are used for lifting vehicles in garages and workshops. The aftermarket segment accounted for more than 50% of the total revenue share in 2017, owing to its high demand from independent garages and workshops that do not have their own manufacturing facilities or distribution networks.
Some Of The Growth Factors Of This Market:
- The demand for garage lifting equipment is expected to grow as the population ages and more people are living in single-family homes.
- The need for garage lifting equipment will also increase as the number of vehicles on the road increases, which will lead to more garages being built or renovated to accommodate them.
- Garage lifting equipment is a relatively new product, so there are few competitors in this market segment, which gives manufacturers an opportunity to enter and establish themselves with a strong foothold in this market segment before competition becomes fierce.
- Manufacturers of garage lifting equipment have been able to keep up with demand by increasing production capacity and improving their manufacturing processes over time, which has led to increased efficiency and lower costs per unit produced over time as well as increased profit margins for these companies due to economies of scale that come from higher production volumes.
- As technology improves, manufacturers will be able to produce better quality products at lower prices.
Industry Growth Insights published a new data on “Garage Lifting Equipment Market”. The research report is titled “Garage Lifting Equipment Market research by Types (Single Post Lift, Two Post Lift, Four Post Lift, Scissor Lift, Mobile Commercial Jacks, Others), By Applications (OEM (Original Equipment Manufacturer), Aftermarket), By Players/Companies Majorlift Hydraulic Equipment, Tecalemit Garage Equipment, Green Motorzs, Manatec Electronics, Selby Engineering and Lifting Safety, Pasquin, Trade Garage Equipment, SJR Garage Equipment, Oil Lube Systems, Silverline Marketing, Elgi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Garage Lifting Equipment Market Research Report
By Type
Single Post Lift, Two Post Lift, Four Post Lift, Scissor Lift, Mobile Commercial Jacks, Others
By Application
OEM (Original Equipment Manufacturer), Aftermarket
By Companies
Majorlift Hydraulic Equipment, Tecalemit Garage Equipment, Green Motorzs, Manatec Electronics, Selby Engineering and Lifting Safety, Pasquin, Trade Garage Equipment, SJR Garage Equipment, Oil Lube Systems, Silverline Marketing, Elgi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Garage Lifting Equipment Market Report Segments:
The global Garage Lifting Equipment market is segmented on the basis of:
Types
Single Post Lift, Two Post Lift, Four Post Lift, Scissor Lift, Mobile Commercial Jacks, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM (Original Equipment Manufacturer), Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Majorlift Hydraulic Equipment
- Tecalemit Garage Equipment
- Green Motorzs
- Manatec Electronics
- Selby Engineering and Lifting Safety
- Pasquin
- Trade Garage Equipment
- SJR Garage Equipment
- Oil Lube Systems
- Silverline Marketing
- Elgi
Highlights of The Garage Lifting Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Post Lift
- Two Post Lift
- Four Post Lift
- Scissor Lift
- Mobile Commercial Jacks
- Others
- By Application:
- OEM (Original Equipment Manufacturer)
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Garage Lifting Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Garage lifting equipment is a specialized type of machinery used to move heavy objects from one place to another. It can be used in both commercial and residential settings, and typically consists of a pair of hydraulic arms that are operated by a motor.
Some of the major players in the garage lifting equipment market are Majorlift Hydraulic Equipment, Tecalemit Garage Equipment, Green Motorzs, Manatec Electronics, Selby Engineering and Lifting Safety, Pasquin, Trade Garage Equipment, SJR Garage Equipment, Oil Lube Systems, Silverline Marketing, Elgi.
The garage lifting equipment market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Garage Lifting Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Garage Lifting Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Garage Lifting Equipment Market - Supply Chain
4.5. Global Garage Lifting Equipment Market Forecast
4.5.1. Garage Lifting Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Garage Lifting Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Garage Lifting Equipment Market Absolute $ Opportunity
5. Global Garage Lifting Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Garage Lifting Equipment Market Size and Volume Forecast by Type
5.3.1. Single Post Lift
5.3.2. Two Post Lift
5.3.3. Four Post Lift
5.3.4. Scissor Lift
5.3.5. Mobile Commercial Jacks
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Garage Lifting Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Garage Lifting Equipment Market Size and Volume Forecast by Application
6.3.1. OEM (Original Equipment Manufacturer)
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Garage Lifting Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Garage Lifting Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Garage Lifting Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Garage Lifting Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Garage Lifting Equipment Demand Share Forecast, 2019-2026
9. North America Garage Lifting Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Garage Lifting Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Garage Lifting Equipment Market Size and Volume Forecast by Application
9.4.1. OEM (Original Equipment Manufacturer)
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Garage Lifting Equipment Market Size and Volume Forecast by Type
9.7.1. Single Post Lift
9.7.2. Two Post Lift
9.7.3. Four Post Lift
9.7.4. Scissor Lift
9.7.5. Mobile Commercial Jacks
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Garage Lifting Equipment Demand Share Forecast, 2019-2026
10. Latin America Garage Lifting Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Garage Lifting Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Garage Lifting Equipment Market Size and Volume Forecast by Application
10.4.1. OEM (Original Equipment Manufacturer)
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Garage Lifting Equipment Market Size and Volume Forecast by Type
10.7.1. Single Post Lift
10.7.2. Two Post Lift
10.7.3. Four Post Lift
10.7.4. Scissor Lift
10.7.5. Mobile Commercial Jacks
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Garage Lifting Equipment Demand Share Forecast, 2019-2026
11. Europe Garage Lifting Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Garage Lifting Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Garage Lifting Equipment Market Size and Volume Forecast by Application
11.4.1. OEM (Original Equipment Manufacturer)
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Garage Lifting Equipment Market Size and Volume Forecast by Type
11.7.1. Single Post Lift
11.7.2. Two Post Lift
11.7.3. Four Post Lift
11.7.4. Scissor Lift
11.7.5. Mobile Commercial Jacks
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Garage Lifting Equipment Demand Share, 2019-2026
12. Asia Pacific Garage Lifting Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Garage Lifting Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Garage Lifting Equipment Market Size and Volume Forecast by Application
12.4.1. OEM (Original Equipment Manufacturer)
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Garage Lifting Equipment Market Size and Volume Forecast by Type
12.7.1. Single Post Lift
12.7.2. Two Post Lift
12.7.3. Four Post Lift
12.7.4. Scissor Lift
12.7.5. Mobile Commercial Jacks
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Garage Lifting Equipment Demand Share, 2019-2026
13. Middle East & Africa Garage Lifting Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Garage Lifting Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Garage Lifting Equipment Market Size and Volume Forecast by Application
13.4.1. OEM (Original Equipment Manufacturer)
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Garage Lifting Equipment Market Size and Volume Forecast by Type
13.7.1. Single Post Lift
13.7.2. Two Post Lift
13.7.3. Four Post Lift
13.7.4. Scissor Lift
13.7.5. Mobile Commercial Jacks
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Garage Lifting Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Garage Lifting Equipment Market: Market Share Analysis
14.2. Garage Lifting Equipment Distributors and Customers
14.3. Garage Lifting Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Majorlift Hydraulic Equipment
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tecalemit Garage Equipment
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Green Motorzs
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Manatec Electronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Selby Engineering and Lifting Safety
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pasquin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trade Garage Equipment
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SJR Garage Equipment
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Oil Lube Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Silverline Marketing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Elgi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
