United States Articulated Lift Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030.
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The Us Articulated Lift Market Has Witnessed Significant Growth Due To The Increasing Demand For Efficient And Safe Vertical Access Solutions Across Various Industries. These Lifts, Which Provide Extended Reach And Maneuverability, Are Becoming Essential For Tasks In Construction, Maintenance, And Warehousing, Among Other Sectors. They Allow Workers To Safely Reach High Places In Challenging Environments, Making Them An Integral Part Of Operations In Industries That Require Precise And Reliable Aerial Platforms.
Industries In The Us Are Investing Heavily In Articulated Lifts, Driven By The Demand For High-Performance Machinery Capable Of Working In Confined Spaces While Offering A High Degree Of Flexibility. The Articulated Lift Is Particularly Popular In Sectors Like Construction, Agriculture, And Logistics, Where The Ability To Access Hard-To-Reach Places Is Crucial. For Instance, In Construction, These Lifts Are Used For Exterior Building Maintenance, Window Cleaning, And Electrical Installations. In Logistics And Warehousing, Articulated Lifts Are Frequently Employed For Stocking Shelves And Managing Inventory In High Spaces.
One Significant Trend In The Market Is The Growing Requirement For Electric-Powered Articulated Lifts. These Lifts Are Preferred Over Traditional Fuel-Powered Machines Due To Their Environmental Benefits, Lower Operating Costs, And Ability To Be Used Indoors Without Emitting Harmful Fumes. This Shift Aligns With The Increasing Emphasis On Sustainability And Eco-Friendly Practices Within Industries.
Another Key Factor Driving Market Demand Is The Integration Of Advanced Technologies Like Telematics And Automation In Modern Articulated Lifts. These Technologies Enhance Operational Efficiency And Safety, Providing Real-Time Data On Machine Performance, Maintenance Needs, And Location Tracking. This Level Of Connectivity Allows Businesses To Streamline Operations And Reduce Downtime, Ensuring That Their Equipment Is Always Ready For Use.
The Rising Demand For Articulated Lifts Is Not Just Limited To Large Industrial Players. Small And Medium-Sized Enterprises Are Also Leveraging These Lifts To Improve Productivity And Safety On Job Sites. As Industries Continue To Expand And Evolve, The Us Articulated Lift Market Is Poised For Further Growth, Supported By The Increasing Adoption Of These Versatile Machines.
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Toyota Industries Corporation
KION Group
Mitsubishi Nichiyu Forklift
Jungheinrich AG
Crown Equipment
Hyster-Yale Materials Handling
Anhui Forklift Truck
Doosan Industrial Vehicle
Hangcha Group
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
EP Equipment
Konecranes
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Articulated Lift Market
Electric Articulated Lifts
Diesel Articulated Lifts
Hybrid Articulated Lifts
Construction
Maintenance and Repair
Warehouse Operations
Film and Entertainment
Aerospace and Aviation
Low-level Articulated Lifts (up to 20 ft)
Mid-level Articulated Lifts (20 ft to 40 ft)
High-level Articulated Lifts (over 40 ft)
Contractors
Facility Management Companies
Retail Businesses
Event Management Companies
Government Agencies
New Articulated Lifts
Used/Refurbished Articulated Lifts
Rental Articulated Lifts
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Articulated Lift Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Articulated Lift Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Articulated Lift Market, By Type
6. US Articulated Lift Market, By Application
7. US Articulated Lift Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Articulated Lift Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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