Market Overview:
The global wheelchair lifts market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wheelchair lifts from residential, commercial, and public transportation applications. Additionally, the growing awareness about disability rights is also propelling the growth of this market. The hydraulic wheelchair lift segment is expected to dominate the global wheelchair lifts market during the forecast period owing to its low installation and maintenance costs as compared to other types of wheelchair lifts such as electric and stairway chairlifts.
Product Definition:
A wheelchair lift, also known as a platform lift, is a type of vertical transportation device used to transport passengers from one level to another. Wheelchair lifts are commonly used in public places such as hospitals, schools and airports.
Hydraulic Wheelchair Lift:
The global hydraulic wheelchair lift is a device that aids in transporting a disabled person from one place to another using a chair. It is powered by an electric motor and has the ability to raise or lower the chair with great ease. The market for these devices has grown at an exponential rate over the past few years, owing to rising incidences of disability all around the world and increasing demand for mobility equipment among able-bodied people as well.
Elctric Wheelchair Lift:
Electric wheelchair lifts are used to raise a disabled person or patient in a chair with the help of an electric motor. The device consists of two main parts, namely base and arm. Usually, it has wheels at the bottom to facilitate mobility and is installed on rails or tracks which enable it to move easily from one place to another.
Application Insights:
The other application segment includes the usage of wheelchair lifts in hospitals, hotels, restaurants and shopping malls. The demand for electric chairlifts is expected to witness growth owing to their low maintenance cost and compact size. These devices are widely used in small spaces such as hotel rooms, hallways or narrow roads where space is a constraint.
The residential application segment accounted for the largest share of more than 60% in 2017 due to an increase in the number of people with mobility disabilities across the globe. Wheelchair accessible homes help create independent living environments that enable people with mobility disabilities to live as independently as possible within their community setting.
Regional Analysis:
North America dominated the global wheelchair lifts market in 2017. The presence of a large number of manufacturers coupled with high adoption rate for advanced technologies is expected to drive the demand for wheelchairs and thus wheelchair lifts over the forecast period. Moreover, growing awareness regarding accessible transportation facilities is anticipated to fuel product demand in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives pertaining toward accessibility and inclusion of disabled people in society through various programs and policies implemented by regional governments across countries such as India, China, Japan, Australia etc. This has resulted into increased production rates of mobility products including electric wheelchair lift trucks which are highly reliable as compared to hydraulic type wheelchairs due their enhanced safety features such as fail-safe braking system among others thereby boosting overall revenue share within Asia Pacific region during same period.
Growth Factors:
- Increasing demand for wheelchair lifts from the geriatric population
- Growing awareness about the benefits of using wheelchair lifts
- Rising number of accidents and injuries that necessitate use of a wheelchair lift
- Technological advancements in the design and functionality of wheelchair lifts
- Growing demand for customized wheelchair lifts
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheelchair Lifts Market Research Report
By Type
Hydraulic Wheelchair Lift, Elctric Wheelchair Lift
By Application
Residential, Commercial Use, Public Vehicles, Other
By Companies
Savaria, Garaventa Lift, BraunAbility, Wabtec Corporation, Harmar, Genie, JLG, Vestil, WESCO, Stiltz Lifts, Schumacher Elevator, ThyssenKrupp Access, Terry Lifts
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wheelchair Lifts Market Report Segments:
The global Wheelchair Lifts market is segmented on the basis of:
Types
Hydraulic Wheelchair Lift, Elctric Wheelchair 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
Residential, Commercial Use, Public Vehicles, Other
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:
- Savaria
- Garaventa Lift
- BraunAbility
- Wabtec Corporation
- Harmar
- Genie
- JLG
- Vestil
- WESCO
- Stiltz Lifts
- Schumacher Elevator
- ThyssenKrupp Access
- Terry Lifts
Highlights of The Wheelchair Lifts 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:
- Hydraulic Wheelchair Lift
- Elctric Wheelchair Lift
- By Application:
- Residential
- Commercial Use
- Public Vehicles
- Other
- 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 Wheelchair Lifts 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?
Wheelchair lifts are devices that help people with disabilities, such as paralysis or limited mobility, get into and out of wheelchairs. They are also used to move people from one level of a building to another.
Some of the key players operating in the wheelchair lifts market are Savaria, Garaventa Lift, BraunAbility, Wabtec Corporation, Harmar, Genie, JLG, Vestil, WESCO, Stiltz Lifts, Schumacher Elevator, ThyssenKrupp Access, Terry Lifts.
The wheelchair lifts market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wheelchair Lifts 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 Wheelchair Lifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wheelchair Lifts 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 Wheelchair Lifts 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 Wheelchair Lifts Market Size & Forecast, 2018-2028
4.5.1 Wheelchair Lifts Market Size and Y-o-Y Growth
4.5.2 Wheelchair Lifts Market Absolute $ Opportunity
Chapter 5 Global Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Type
5.2.1 Hydraulic Wheelchair Lift
5.2.2 Elctric Wheelchair Lift
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial Use
6.2.3 Public Vehicles
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wheelchair Lifts 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 Wheelchair Lifts 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 Wheelchair Lifts Analysis and Forecast
9.1 Introduction
9.2 North America Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Type
9.6.1 Hydraulic Wheelchair Lift
9.6.2 Elctric Wheelchair 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 Wheelchair Lifts Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial Use
9.10.3 Public Vehicles
9.10.4 Other
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 Wheelchair Lifts Analysis and Forecast
10.1 Introduction
10.2 Europe Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Type
10.6.1 Hydraulic Wheelchair Lift
10.6.2 Elctric Wheelchair 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 Wheelchair Lifts Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial Use
10.10.3 Public Vehicles
10.10.4 Other
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 Wheelchair Lifts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Type
11.6.1 Hydraulic Wheelchair Lift
11.6.2 Elctric Wheelchair 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 Wheelchair Lifts Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial Use
11.10.3 Public Vehicles
11.10.4 Other
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 Wheelchair Lifts Analysis and Forecast
12.1 Introduction
12.2 Latin America Wheelchair Lifts 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 Wheelchair Lifts Market Size Forecast by Type
12.6.1 Hydraulic Wheelchair Lift
12.6.2 Elctric Wheelchair 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 Wheelchair Lifts Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial Use
12.10.3 Public Vehicles
12.10.4 Other
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) Wheelchair Lifts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wheelchair Lifts 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) Wheelchair Lifts Market Size Forecast by Type
13.6.1 Hydraulic Wheelchair Lift
13.6.2 Elctric Wheelchair 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) Wheelchair Lifts Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial Use
13.10.3 Public Vehicles
13.10.4 Other
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 Wheelchair Lifts Market: Competitive Dashboard
14.2 Global Wheelchair Lifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Savaria
14.3.2 Garaventa Lift
14.3.3 BraunAbility
14.3.4 Wabtec Corporation
14.3.5 Harmar
14.3.6 Genie
14.3.7 JLG
14.3.8 Vestil
14.3.9 WESCO
14.3.10 Stiltz Lifts
14.3.11 Schumacher Elevator
14.3.12 ThyssenKrupp Access
14.3.13 Terry Lifts
