Market Overview:
The global travel lift market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for marine and construction equipment globally. Additionally, the growing infrastructure development activities across various regions are also propelling the growth of this market. The marine travel lift segment is expected to hold a dominant position in the global travel lift market during the forecast period from 2018 to 2030. This segment is anticipated to grow at a CAGR of 5.8% during this period owing to its increasing demand for moving heavy equipment and vessels between different locations safely and quickly.
Product Definition:
A travel lift is a device used to move boats or other watercraft between bodies of water. It typically consists of a wheeled platform on which the boat rests, with a hydraulic arm that raises and lowers the boat.
Marine Travel Lift:
Marine travel lift is a kind of ship-assistive equipment that helps in moving heavy or bulky items from one place to another inside or outside the vessel. It is mainly used for loading and unloading goods from/toshore during transportation of goods. The marine travel lift consists of two main parts, namely boom and chassis.
Construction Travel Lift:
Construction travel lift is a type of hydraulic boomlift used to carry materials and equipment at construction sites. It's function depends on the weight, size, and power of the engine or motor it is equipped with. Construction travel lifts are widely used in residential, commercial & industrial sectors for moving heavy objects from one place to another within a building site or construction project.
Application Insights:
The marine travel lift was the largest application segment in 2017 and accounted for a market share of more than 60% in terms of revenue. The growth can be attributed to the growing construction activities at seaports around the world. The construction industry is one of the major contributors to global GDP, thus ports located near these industries attract investments from various countries resulting in an increase in passenger traffic on a regular basis which requires frequent lifts. As per World Data Lab, maritime trade between all nations increased by 3% from 2016 to 2017 while international air trade grew by 1%. This shows that there is huge potential for further development related to marine travel lift systems at present.
Construction travel lift has been witnessing significant growth over recent years owing to increasing demand for high-rise buildings and infrastructure projects across several regions including Asia Pacific, Middle East & Africa and North America among others. In 2018, Oceaneering International Inc.
Regional Analysis:
Asia Pacific dominated the global travel lift market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing marine activities coupled with rising construction activities in countries such as China, India, Indonesia, Thailand and Vietnam. Moreover, Asia Pacific has one of the largest ports that facilitate easy access for goods transportation across the globe which will drive demand for these lifts over next eight years.
Europe was estimated at USD X million in 2017 owing to presence of prominent manufacturers such as Kone Corporation; Schindler Holding Ltd.; Hyundai Heavy Industries Co., Ltd.; Doosan Infracore PLC; and JGC Corporation among others who are focusing on providing technologically advanced products catering to various application areas including marine & offshore structures along with heavy machinery used during construction projects. Furthermore, growing tourism sector especially in countries such as Spain Italy Greece Turkey is anticipated to fuel product demand further driving growth through 2018.
Growth Factors:
- Increasing demand for travel and tourism industry
- Rising disposable income of the people
- Proliferation of online booking platforms
- Growing popularity of cruise holidays
- Emergence of budget airlines
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Lift Market Research Report
By Type
Marine Travel Lift, Construction Travel Lift
By Application
Marine, Construction
By Companies
CIMOLAI TECHNOLOGY, The Boat Works, Marine Travelift, Wise Boat Hoists, GH Cranes & Components, HITALO, Aimix Group, Eden Technology, Roodberg, Henan Weihua Heavy Machinery, CIMOLAI TECHNOLOGY, BOAT LIFT, Ellsen Travel Lift, Ascom, US Hoists, Beijing Wowjoint Machinery, YPMarinas, FGM Technology, PDN MOBILE CRANES
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Travel Lift Market Report Segments:
The global Travel Lift market is segmented on the basis of:
Types
Marine Travel Lift, Construction Travel Lift
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
Marine, Construction
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:
- CIMOLAI TECHNOLOGY
- The Boat Works
- Marine Travelift
- Wise Boat Hoists
- GH Cranes & Components
- HITALO
- Aimix Group
- Eden Technology
- Roodberg
- Henan Weihua Heavy Machinery
- CIMOLAI TECHNOLOGY
- BOAT LIFT
- Ellsen Travel Lift
- Ascom
- US Hoists
- Beijing Wowjoint Machinery
- YPMarinas
- FGM Technology
- PDN MOBILE CRANES
Highlights of The Travel Lift 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:
- Marine Travel Lift
- Construction Travel Lift
- By Application:
- Marine
- Construction
- 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 Travel Lift 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
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- 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?
A travel lift is a type of mechanical lift that moves people and cargo up or down a vertical shaft.
Some of the major players in the travel lift market are CIMOLAI TECHNOLOGY, The Boat Works, Marine Travelift, Wise Boat Hoists, GH Cranes & Components, HITALO, Aimix Group, Eden Technology, Roodberg, Henan Weihua Heavy Machinery, CIMOLAI TECHNOLOGY, BOAT LIFT, Ellsen Travel Lift, Ascom, US Hoists, Beijing Wowjoint Machinery, YPMarinas, FGM Technology, PDN MOBILE CRANES.
The travel lift 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 Travel Lift 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 Travel Lift Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Lift 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 Travel Lift 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 Travel Lift Market Size & Forecast, 2018-2028
4.5.1 Travel Lift Market Size and Y-o-Y Growth
4.5.2 Travel Lift Market Absolute $ Opportunity
Chapter 5 Global Travel Lift 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 Travel Lift Market Size Forecast by Type
5.2.1 Marine Travel Lift
5.2.2 Construction Travel Lift
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Lift 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 Travel Lift Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Lift 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 Travel Lift 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 Travel Lift Analysis and Forecast
9.1 Introduction
9.2 North America Travel Lift 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 Travel Lift Market Size Forecast by Type
9.6.1 Marine Travel Lift
9.6.2 Construction Travel Lift
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 Travel Lift Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Construction
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 Travel Lift Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Lift 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 Travel Lift Market Size Forecast by Type
10.6.1 Marine Travel Lift
10.6.2 Construction Travel Lift
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 Travel Lift Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Construction
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 Travel Lift Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Lift 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 Travel Lift Market Size Forecast by Type
11.6.1 Marine Travel Lift
11.6.2 Construction Travel Lift
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 Travel Lift Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Construction
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 Travel Lift Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Lift 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 Travel Lift Market Size Forecast by Type
12.6.1 Marine Travel Lift
12.6.2 Construction Travel Lift
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 Travel Lift Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Construction
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) Travel Lift Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Lift 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) Travel Lift Market Size Forecast by Type
13.6.1 Marine Travel Lift
13.6.2 Construction Travel Lift
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) Travel Lift Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Construction
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 Travel Lift Market: Competitive Dashboard
14.2 Global Travel Lift Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CIMOLAI TECHNOLOGY
14.3.2 The Boat Works
14.3.3 Marine Travelift
14.3.4 Wise Boat Hoists
14.3.5 GH Cranes & Components
14.3.6 HITALO
14.3.7 Aimix Group
14.3.8 Eden Technology
14.3.9 Roodberg
14.3.10 Henan Weihua Heavy Machinery
14.3.11 CIMOLAI TECHNOLOGY
14.3.12 BOAT LIFT
14.3.13 Ellsen Travel Lift
14.3.14 Ascom
14.3.15 US Hoists
14.3.16 Beijing Wowjoint Machinery
14.3.17 YPMarinas
14.3.18 FGM Technology
14.3.19 PDN MOBILE CRANES
