Platform lifts are primarily intended to provide access to persons who have trouble using a staircase at a reasonable cost. Platform lifts are available in a variety of sizes and shapes, depending on their use. Platform lifts are used in low-rise buildings that do not have passenger lifts. Depending on the installed area and the lift’s operation in the required region, each platform lift has a distinct benefit. In both residential and commercial buildings, platform lifts are employed in both indoor and outdoor applications.
In both residential and commercial buildings, platform lifts are employed in both indoor and outdoor applications. Platform lifts are classified according to their installation platform, which can be vertical, inclined, or moveable; inclined platform lifts provide excellent accessibility in buildings with limited space. Additionally, vertical platform lifts provide safe and secure vertical access, whereas portable platform lifts are simple and easy to use accessibility choices.
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Platform lifts provide access to different levels such as transporting injured people, moving goods and merchandise, equipment and people that need medical attention amongst others. Platform lifts are able to carry lot of weight while retaining its speed and safety with high efficiency. Platform lift does not require a lot of space and is easily accommodable in less than 2 sq. feet of space. The compact nature of platform lift makes them suitable to be installed in low space areas. Platform e lifts are mainly operated through three mechanisms: guided chain driven, hydraulic driven, and screw driven. All of these mechanisms do not pose any risk to the user and are safe to use. Platform lifts market offers substantial growth opportunities for the new entrants and existing players in the market.
Platform lifts Market Regional analysis includes:
North America (U.S., Canada) Latin America (Mexico, Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The platform lifts market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The platform lifts market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The platform lifts market report also maps the qualitative impact of various market factors on market segments and geographies.
Platform Lifts Market: Market Segmentation
Platform Lifts Market can be segmented on the basis of product type, platform type and end use application
On the basis of product type, platform lifts market can be segmented as
- Low Speed platform Lift
- Cabin Lift
- Enclosed Platform Lift
- Open Platform Lift
- Wheelchair Platform Stairlift
On the basis of platform type, platform lifts market can be segmented as
- Vertical Platform Lifts
- Inclined Platform Lifts
- Portable Platform Lifts
On the basis of end use type, platform lifts market can be segmented as
- Residential area
- Commercial office
- Public applications
Consumer inclination towards leisure facilities has increased substantially in the last few years due to high growth in the disposable incomes in the developed as well as in the developing countries. The recent trend observed in the platform lifts market is that the better customers are treated the more they tend to spend and there are higher chances of their return. Therefore, global retailers are focusing more on enhancing the customer experience in their stores. The global population of 60 years and older people is expected to witness very high growth and is expected to nearly double from 12% in 2015 to 22% in 2050.
This will also accelerate the demand for platform lifts in the global market. Government authorities all over the world are also focusing to uplift the community of disable peoples. According to Disability Discrimination Act 1995, it is mandatory for every cinema, museum, restaurant, hotel, and other leisure facilities to have easier access in every area for people with walking difficulties and who are using wheelchairs. Such rules and regulation will also contribute to upsurge the demand for platform lifts.
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Platform Lifts Market: Key Market Players:
Examples of some of the market participants in the global platform lifts market identified across the value chain include
- Dover Corporation
- Express Lift
- Fujitec Co. Ltd.
- HyundaiElevator
- Mitsubishi Electric
- SchindlerElectric
- Otis Elevator
- Kone Motala
- ThyssenKrupp
The platform lifts research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The platform lifts research report provides analysis and information according to market segments such as geographies, application, and industry.
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