Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Material Lifts Market by Type (Electrical Type, Hydraulic Type, Mechanical Type), By Application (Automative, Shipping Port, Construction, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Material Lifts Market by Type (Electrical Type, Hydraulic Type, Mechanical Type), By Application (Automative, Shipping Port, Construction, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 133922 3300 Machinery & Equipment 377 235 Pages 4.7 (33)

Market Overview:

The global material lifts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for material lifts in various end-use industries, such as automotive, construction, and shipping port. In addition, the growing awareness about safety and ergonomics is also propelling the demand for material lifts across the globe. Based on type, the global material lifts market can be segmented into electrical type, hydraulic type, and mechanical type. The hydraulic type segment is expected to account for a major share of the global market in 2018 owing to its high efficiency and low maintenance cost as compared to other types of material lifts. Based on application, the global market can be divided into automotive industry, construction industry shipping port industry Others).

Global Material Lifts Industry Outlook

Product Definition:

A material lift is a device used to move heavy objects vertically. It consists of a platform that can be raised and lowered by means of cables or chains, and usually has a handrail for the operator. Material lifts are used in factories, construction sites, and other settings where workers need to move heavy objects around safely. They are important because they make it easier for workers to transport objects without risking injury.

Electrical Type:

Electrical type is the part of electrical conductivity and it's used in material lifts market. It has different forms such as resistive, capacitive, inductive and semiconducting. Material lift consists of sensors which detect objects with help of electromagnetic field around them. These sensors send signals to the control unit which then controls operation accordingly. Control unit uses electrical types for lifting process so that there can be no contact between sensor and object without any damage occurrence during lifting process.

Hydraulic Type:

Hydraulic type is used to determine the force or pressure that a material lift must be capable of withstanding.

Single acting - This type has only one stroke and it's piston travels in only one direction which means if there is any load on the system then it will have to overcome this force before moving back to its starting position.

Application Insights:

Automotive application segment accounted for the largest share of over 30.0% in 2017. The rising demand for lightweight materials to reduce vehicle weight has resulted in increased use of hydraulic and mechanical material lifts, which are mainly used at the time of manufacturing or assembling vehicles. These types of material lift systems are compact and consume less power, which makes them highly suitable for automotive applications as they can be installed near the production line without much difficulty or space required around it.

The construction segment is expected to register a significant CAGR during the forecast period on account of increasing demand from residential, commercial & industrial buildings including shopping malls, hospitals, hotels and others across various regions globally due to growing population coupled with high disposable income is anticipated to boost construction activities over next few years thereby supporting market growth during forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a rise in demand for material lifts on account of rapid industrialization, urbanization, and economic growth. China is anticipated to dominate the Asia Pacific regional market owing to increasing investments in infrastructure development along with rising construction activities.

The European regional market accounted for more than 20% of global revenue share in 2017 owing to high product adoption across various applications including automotive, shipping ports, and construction industry.

Growth Factors:

  • Increasing demand for material lifts from the construction and manufacturing industries as a result of growth in these sectors.
  • Rising popularity of automated material lifts, which helps improve efficiency and safety in the workplace.
  • Growing awareness about the benefits of using material lifts, which has led to an increase in their adoption by businesses worldwide.
  • Development of innovative new models and features for material lifts that make them more versatile and user-friendly.
  • Expansion of global trade, which is resulting in an increase in demand for cargo handling equipment such as material lifts

Scope Of The Report

Report Attributes

Report Details

Report Title

Material Lifts Market Research Report

By Type

Electrical Type, Hydraulic Type, Mechanical Type

By Application

Automative, Shipping Port, Construction, Others

By Companies

Genie, Böcker, Sumner Manufacturing Co.,LLC, Savaria, Vermette, Eppape, Motot, Gillespie, Atlantic Lifts Ltd, Elevator Service Company, Svelt, Advance Lifts

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Material Lifts Market Report Segments:

The global Material Lifts market is segmented on the basis of:


Electrical Type, Hydraulic Type, Mechanical Type

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.


Automative, Shipping Port, 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:

  1. Genie
  2. Böcker
  3. Sumner Manufacturing Co.,LLC
  4. Savaria
  5. Vermette
  6. Eppape
  7. Motot
  8. Gillespie
  9. Atlantic Lifts Ltd
  10. Elevator Service Company
  11. Svelt
  12. Advance Lifts

Global Material Lifts Market Overview

Highlights of The Material Lifts Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Electrical Type
    2. Hydraulic Type
    3. Mechanical Type
  1. By Application:

    1. Automative
    2. Shipping Port
    3. Construction
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Material 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
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Global Material Lifts Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Material Lifts are a type of equipment that use hydraulic cylinders to move heavy objects. They can be used in factories, warehouses, and other industrial settings.

Some of the major players in the material lifts market are Genie, BƒÂ¶cker, Sumner Manufacturing Co.,LLC, Savaria, Vermette, Eppape, Motot, Gillespie, Atlantic Lifts Ltd, Elevator Service Company, Svelt, Advance Lifts.

The material lifts market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Material Lifts 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. Material Lifts Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Material Lifts Market - Supply Chain
   4.5. Global Material Lifts Market Forecast
      4.5.1. Material Lifts Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Material Lifts Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Material Lifts Market Absolute $ Opportunity

5. Global Material Lifts 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. Material Lifts Market Size and Volume Forecast by Type
      5.3.1. Electrical Type
      5.3.2. Hydraulic Type
      5.3.3. Mechanical Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Material Lifts 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. Material Lifts Market Size and Volume Forecast by Application
      6.3.1. Automative
      6.3.2. Shipping Port
      6.3.3. Construction
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Material Lifts 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. Material Lifts 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 Material Lifts 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. Material Lifts 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 Material Lifts Demand Share Forecast, 2019-2029

9. North America Material Lifts 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 Material Lifts 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 Material Lifts Market Size and Volume Forecast by Application
      9.4.1. Automative
      9.4.2. Shipping Port
      9.4.3. Construction
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Material Lifts Market Size and Volume Forecast by Type
      9.7.1. Electrical Type
      9.7.2. Hydraulic Type
      9.7.3. Mechanical Type
   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 Material Lifts Demand Share Forecast, 2019-2029

10. Latin America Material Lifts 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 Material Lifts 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 Material Lifts Market Size and Volume Forecast by Application
      10.4.1. Automative
      10.4.2. Shipping Port
      10.4.3. Construction
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Material Lifts Market Size and Volume Forecast by Type
      10.7.1. Electrical Type
      10.7.2. Hydraulic Type
      10.7.3. Mechanical Type
   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 Material Lifts Demand Share Forecast, 2019-2029

11. Europe Material Lifts 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 Material Lifts 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 Material Lifts Market Size and Volume Forecast by Application
      11.4.1. Automative
      11.4.2. Shipping Port
      11.4.3. Construction
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Material Lifts Market Size and Volume Forecast by Type
      11.7.1. Electrical Type
      11.7.2. Hydraulic Type
      11.7.3. Mechanical Type
   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 Material Lifts Demand Share, 2019-2029

12. Asia Pacific Material Lifts 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 Material Lifts 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 Material Lifts Market Size and Volume Forecast by Application
      12.4.1. Automative
      12.4.2. Shipping Port
      12.4.3. Construction
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Material Lifts Market Size and Volume Forecast by Type
      12.7.1. Electrical Type
      12.7.2. Hydraulic Type
      12.7.3. Mechanical Type
   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 Material Lifts Demand Share, 2019-2029

13. Middle East & Africa Material Lifts 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 Material Lifts 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 Material Lifts Market Size and Volume Forecast by Application
      13.4.1. Automative
      13.4.2. Shipping Port
      13.4.3. Construction
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Material Lifts Market Size and Volume Forecast by Type
      13.7.1. Electrical Type
      13.7.2. Hydraulic Type
      13.7.3. Mechanical Type
   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 Material Lifts Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Material Lifts Market: Market Share Analysis
   14.2. Material Lifts Distributors and Customers
   14.3. Material Lifts Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Genie Overview Financials Developments Strategic Outlook
      14.4.2. Böcker Overview Financials Developments Strategic Outlook
      14.4.3. Sumner Manufacturing Co.,LLC Overview Financials Developments Strategic Outlook
      14.4.4. Savaria Overview Financials Developments Strategic Outlook
      14.4.5. Vermette Overview Financials Developments Strategic Outlook
      14.4.6. Eppape Overview Financials Developments Strategic Outlook
      14.4.7. Motot Overview Financials Developments Strategic Outlook
      14.4.8. Gillespie Overview Financials Developments Strategic Outlook
      14.4.9. Atlantic Lifts Ltd Overview Financials Developments Strategic Outlook
      14.4.10. Elevator Service Company Overview Financials Developments Strategic Outlook
      14.4.11. Svelt Overview Financials Developments Strategic Outlook
      14.4.12. Advance Lifts Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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