Based on type, scissor lift market size in North America from the electric type segment will witness more than 6% CAGR up to 2032, due to the increasing focus on environmental sustainability and the advantages of electric-powered scissor lifts. These lifts offer reduced noise levels, zero emissions, and improved energy efficiency compared to their diesel counterparts. The growing adoption of electric scissor lifts across industries, including construction, maintenance, and warehousing, will further drive the segment growth.
In terms of application, the rental segment held more than 30% share of the scissor lift market in the Asia Pacific. Scissor lifts offer a safe and efficient way to reach elevated work areas, making them popular among the construction, maintenance, and warehouse industries. The versatility of these lifts and their ability to navigate tight spaces also make them ideal for various projects. Furthermore, the cost-effectiveness of renting scissor lifts instead of purchasing them is an appealing prospect for many businesses, contributing to the rising demand.
North America scissor lift market size is set to expand at a commendable pace by 2032, as the region has a well-established construction and manufacturing industry, with a strong focus on safety regulations and worker welfare. The demand for scissor lifts in North America is impelled by factors such as infrastructure development, maintenance activities, and the need for efficient material handling solutions. The region is also witnessing increasing investments in infrastructure projects, which further fuel the demand for scissor lifts. Additionally, the presence of key market players and their continuous innovation efforts contribute to the market growth.