Global Automotive Lifts Market Size is estimated to expand rapidly in coming years, at a CAGR of xx.xx % from 2018 to 2025. In 2017, the global market valuation was USD xx.xx billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Over the past years, the automotive segment has witnessed high growth. Increasing demand for vehicles has created problems for automotive manufacturers and garage stations & vendors. Due to the increasing number of vehicles hitting the roads day by day, automotive manufacturers are facing problems while handling large demand for vehicles within the limited workspace. The production of large vehicle components invites for increased use of carrying devices in light of the limited factory areas. Automotive lifts have performed a fundamental objective in the current vehicle environment for spatial optimization. They play an important part in preventing traffic issues in garages, OEM facilities and pneumatic facilities in the future.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive lifts market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive lifts market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Automotive Lifts Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Automotive Lifts Market: Primary Research

For conducting primary research, several primary sources of the demand, as well as supply sides, have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in automotive lifts market are included as primary sources of the supply side.

After performing comprehensive engineering of automotive lifts market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Points of the Report:

Increasing use of automotive lifts in garages and washing centers is expected to dominate the global market in forecast period. Most of the vehicle repairments are done by working under the car, and automotive lifts can easily do that in more efficient manner as compared to jack. This is the important factor which will dominate the global automotive lifts market in forecast period.

While the requirements of commercial garages continue to be a very beneficial one for the manufacturer of automotive lifts, various businesses will also catch a strong rise in supply in domestic garages. Low house garages may generate some difficulties for current item ranges, but businesses offer customized vehicle lifts that adapt to these settings. Moreover, increasing costs of spare parts, high installing cost, and possibilities of accidents while working under the automotive parts are some of the factors which will restrain the global market in forecast period.

Regional Analysis

The automotive lifts market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. From the geographical point of view, the North American market for automotive lifts is expected to be the highest growing owing to the presence of key manufacturers in the region. Moreover, increasing R&D investments and high demand of lifts from automotive sector is expected to fuel the global market of automotive lifts.

Global Automotive Lifts Market Size, Share Analysis by Region 2017

Global Automotive Lifts Market Study Objective

1. To forecast the market size of automotive lifts market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of automotive lifts market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of automotive lifts market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of automotive lifts market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the automotive lifts market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

BendPak, Inc., PEAK Corp, Nussbaum Automotive Solutions LP, Challenger Lifts, Inc., Rotary Lift, EAE Automotive Equipment Co.Ltd., SUGIYASU Co.Ltd., Stertil-Koni USA, Inc., Ravaglioli S.p.A and ARI-HETRA are some of the key players in the market of automotive lifts. The potential equilibrium will be characterized by the market's manufacturing landscape between adherence to automotive lift standards and comply with various end-use demands.

Global Automotive Lifts Market Study Report Offer You!

The global automotive lifts market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.