Market Overview:
The global electric lift table market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for electric lift tables in various industrial and construction applications is driving the growth of the global electric lift table market. Additionally, the growing demand for lightweight and heavy-duty electric lift tables across different regions is also propelling the growth of this market. Some of the major factors that are expected to fuel the growth of this market include technological advancements, rising disposable income, and growing awareness about safety measures while working at elevated heights.
Product Definition:
Electric Lift Tables are used to move heavy objects from one place to another. They are often used in factories and warehouses, but can also be found in homes and offices. Electric Lift Tables can be either motorized or manual, and are important for making the moving of heavy objects easier and safer.
Light Duty:
Light duty electric lift tables are used in warehouses, manufacturing plants, and distribution centers to move heavy materials. They are also used in construction sites for the transportation of building materials and equipment. The global light duty electric lift table market is expected to witness significant growth over the forecast period owing to its increasing demand from end-user industries such as warehouse & storage, manufacturing & construction among others.
Heavy Duty:
Heavy-duty equipment are used in construction, manufacturing, mining and other industries. They are designed for heavy load lifting and have higher strength than average consumer durable goods such as automobiles & electronics.
The global heavy-duty and it's usage in electric lift table market size was valued at USD 8,867.1 million in 2016 which is anticipated to grow at a CAGR of XX% from 2017 to 2022.
Application Insights:
The industrial production segment dominated the global electric lift table market in 2017 and is expected to witness significant growth over the forecast period. The segment is projected to account for more than 50% of the overall revenue share by 2030. This can be attributed to increasing demand from various industries, such as oil & gas, chemical, cement and mining among others.
The construction sector was one of the prominent sectors that adopted these equipment owing to its rising requirement for material handling and construction site assembly operations. Electric powered machinery are widely used on building sites due to their lightweight design which reduces fatigue on workers during long working hours at a time when health issues are becoming critical while carrying heavy loads on hand or head every day during construction activities across different regions globally including North America Europe Asia Pacific Latin America Middle East Africa Oceania .
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. Increasing industrialization coupled with rapid infrastructure development in these countries has led to a surge in demand for electric lift tables across various industries. Moreover, rising government initiatives towards sustainable development are anticipated to further boost product demand across construction and manufacturing applications over the next eight years.
The North American regional market accounted for more than 20% of revenue share in 2017 owing to high acceptance levels of advanced technology products within end-use industries such as food & beverage (restaurants), healthcare (hospitals), retail & wholesale trade (departmental stores) etc., which are characterized by high customer service standards at competitive prices with superior quality products/services offered thereby driving overall industry growth over this region will remain a key strategic initiative adopted by Electric Lift Tables Inc.
Growth Factors:
- Increasing demand for electric lift tables in the automotive and transportation industry for material handling and assembly applications.
- Growing demand from the e-commerce sector for use in warehouses and distribution centers.
- Rising popularity of electric lift tables in manufacturing facilities due to their ability to improve ergonomics and safety while reducing costs associated with injuries.
- Increasing demand from medical institutions for use in hospitals, clinics, and laboratories as a safer alternative to traditional lifting methods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Lift Table Market Research Report
By Type
Light Duty, Heavy Duty
By Application
Industrial Production, Construction, Others
By Companies
Lift Products Inc, Pentalift, EdmoLift, Marco AB, Hark Engineers, LAWECO, Lange Lift Company, Hamada Industry Co.，Ltd, Midmark, Dexters, Lift Products Inc
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electric Lift Table Market Report Segments:
The global Electric Lift Table market is segmented on the basis of:
Types
Light Duty, Heavy Duty
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
Industrial Production, Construction, Others
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:
- Lift Products Inc
- Pentalift
- EdmoLift
- Marco AB
- Hark Engineers
- LAWECO
- Lange Lift Company
- Hamada Industry Co.，Ltd
- Midmark
- Dexters
- Lift Products Inc
Highlights of The Electric Lift Table 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:
- Light Duty
- Heavy Duty
- By Application:
- Industrial Production
- Construction
- Others
- 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 Electric Lift Table 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electric lift tables are a type of industrial equipment used to move large objects. They use an electric motor to raise and lower the object, which is held in place by a system of pulleys and cables.
Some of the major players in the electric lift table market are Lift Products Inc, Pentalift, EdmoLift, Marco AB, Hark Engineers, LAWECO, Lange Lift Company, Hamada Industry Co.，Ltd, Midmark, Dexters, Lift Products Inc.
The electric lift table market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Lift Table Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Lift Table Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Lift Table Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Lift Table Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Lift Table Market Size & Forecast, 2018-2028
4.5.1 Electric Lift Table Market Size and Y-o-Y Growth
4.5.2 Electric Lift Table Market Absolute $ Opportunity
Chapter 5 Global Electric Lift Table Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Lift Table Market Size Forecast by Type
5.2.1 Light Duty
5.2.2 Heavy Duty
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Lift Table Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Lift Table Market Size Forecast by Applications
6.2.1 Industrial Production
6.2.2 Construction
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Lift Table Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Lift Table Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Lift Table Analysis and Forecast
9.1 Introduction
9.2 North America Electric Lift Table Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Lift Table Market Size Forecast by Type
9.6.1 Light Duty
9.6.2 Heavy Duty
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Lift Table Market Size Forecast by Applications
9.10.1 Industrial Production
9.10.2 Construction
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Lift Table Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Lift Table Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Lift Table Market Size Forecast by Type
10.6.1 Light Duty
10.6.2 Heavy Duty
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Lift Table Market Size Forecast by Applications
10.10.1 Industrial Production
10.10.2 Construction
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Lift Table Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Lift Table Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Lift Table Market Size Forecast by Type
11.6.1 Light Duty
11.6.2 Heavy Duty
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Lift Table Market Size Forecast by Applications
11.10.1 Industrial Production
11.10.2 Construction
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Lift Table Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Lift Table Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Lift Table Market Size Forecast by Type
12.6.1 Light Duty
12.6.2 Heavy Duty
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Lift Table Market Size Forecast by Applications
12.10.1 Industrial Production
12.10.2 Construction
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Lift Table Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Lift Table Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Lift Table Market Size Forecast by Type
13.6.1 Light Duty
13.6.2 Heavy Duty
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Lift Table Market Size Forecast by Applications
13.10.1 Industrial Production
13.10.2 Construction
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Lift Table Market: Competitive Dashboard
14.2 Global Electric Lift Table Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lift Products Inc
14.3.2 Pentalift
14.3.3 EdmoLift
14.3.4 Marco AB
14.3.5 Hark Engineers
14.3.6 LAWECO
14.3.7 Lange Lift Company
14.3.8 Hamada Industry Co.，Ltd
14.3.9 Midmark
14.3.10 Dexters
14.3.11 Lift Products Inc
