Surface mounted ground type lifts are used mostly in automotive manufacturing plants, garages, and other servicing centers. Several types of lifts are employed according to application; however, two-post surface mounted lifts are highly popular among several end-users. Automotive lifts are driven mechanically, hydraulically, or electronically. They provide strong support and offer reliable solutions during vehicle servicing.

Increased number of on-road vehicles and demand for automotive garages is projected to fuel the demand for automotive lift at a rapid pace during the forecast period. Likewise, growing production of passenger cars and commercial cars across the globe, owing to increase in per capita income, lower interest rates, and strong demand from consumers, is anticipated to drive the automotive lift market during the forecast period. Garage owners are opting for automotive lifts in order to enhance car servicing provided by them. Furthermore, increase in number of independent and OEM based garages is anticipated to boost the automotive lift market during the forecast period.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=55902

The global automotive lift market can be segmented based on type, material, end-use, lifting capacity, and region. Different types of automotive lifts are available which use according to their specific applications. Based on type, the automotive lift market can be classified into two-post lift, four-post lift, in-ground lift, and others. Two-post lifts are highly popular type of lift and hence, the segment is anticipated to hold a major share of the automotive lift market. Most independent garages employ two-post lifts, which offer good flexibility in work stations and they can be operated mechanically, hydraulically, or electronically. Two-post lifts are come with different load carrying capacities with at a lower price, as compared to other types of lifts.

Based on end-use, the automotive lift market can be bifurcated into OEM-based garages and independent garages. OEMs are undertaking aggressive steps as well as investing heavily in their service stations in order to provide better service facility and capture the aftermarket business. This, in turn, is anticipated to drive the automotive lift market during the forecast period.

The automotive lift market can be segregated into load carrying capacity in which different capacity automotive lifts are manufacture by considering the applications. In terms of load capacity, the automotive lift market can be segregated into 4000-9000 lbs, 9000-12000 lbs, 12000-15000 lbs, and others.

In terms of region, the automotive lift market can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific holds a major share of the global market owing to the presence of several independent garages and OEM garages. Furthermore, rise in sales of passenger vehicles, due to demand from consumers. Several factors such as increase in per capita income, and availability of low cost vehicle models propelling the car sales in the region. Likewise, the market in North America and Europe is expanding at a steady pace. Presence of several independent garages in Europe and North America is boosting the automotive lift market in these regions.

Browse Our Report @ https://www.transparencymarketresearch.com/automotive-lift-market.html

Key players operating in the automotive lift market include ARI-HETRA, AUTOPSTENHOJ, BendPak Inc., CASCOS MAQUINARIA, S.A., Challenger Lifts, Dannmar Equipment, Guangzhou Gaochang Hydraulic Technology Co., Ltd, Hunter Engineering Company, and HYWEMA.

Comments

No comments to display.

Related posts

Compact Variable Compressor Market To Hold a High Potential for Growth by 2028

The compact variable compressor automatically varies its capacity to meet the varying cooling demands of the system.

Global Firewood Processing Machine Market to Witness Significant Revenue Growth Through 2028

Persistence Market Research has announced the addition of the “Firewood Processing Machine Market: Global Industry Analysis and Opportunity Assessment 2018- 2028" report to their offering.
12 minutes ago

Hemp Protein Market Poised to Expand at a Robust Pace Over 2016 – 2026

Hemp protein market is segmented on the basis of form, application and geography. Based upon form, hemp protein market is segmented into powdered form, and liquid form. Hemp protein in the powdered form is expected to witness high demand over the forecast period

Steering Pumps Market to Incur Rapid Extension during 2019-2023

Orbis research present's global Steering Pumps market research which enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.

Laser Safety Glasses Market to Projected to Touch a CAGR of 8.2% by 2028-End

Laser Safety Glasses Market; Laser Protective Face Shields to Witness Increased Demand, Reflecting Above Average Growth Rate: Global Industry Analysis and Opportunity Assessment, 2015 - 2025

Global Solid Forklift Tire Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report 2019-2023

Global Solid Forklift Tire market research report provides a comprehensive assessment of the fast-evolving Solid Forklift Tire market. The report gives forecasts with competitive landscape of the leading companies including global and regional analysis of the Solid Forklift Tire market.

Global Sedan Vehicle Thermostat Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report 2019-2023

Orbis research present's global Sedan Vehicle Thermostat market research which enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.

Global Sedan Aluminum Alloy Wheel Market Outlook: Share, Application Analysis, Regional Outlook, Growth Trends, Products, Competitive Strategies and Forecasts 2019 to 2023

Orbis research present's global Sedan Aluminum Alloy Wheel market research which enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.

Wind Energy Market to Witness Robust Expansion Throughout the Forecast 2025

The wind energy market size on the basis of installation type, turbine size, turbine type & geography. The report meticulous investigation of current scenario of the wind energy industry, which covers several market dynamics during forecast period.

Global Sedan and Hatchback EPS Market Report 2019-2023

Orbis research present's global Sedan and Hatchback EPS market research which enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.