Global Automotive Lifts Market Extensive Analysis Revealing Top Players, Key Demand Regions, Revenue Status and Growth Forecast till 2026

Rockville, US, 2018-May-14 — /EPR Network/ — A freshly compiled business intelligent report, titled “Automotive Lifts Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about automotive lifts market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Fact.MR foresees the global market for automotive lifts to reflect a sub-par CAGR of 4.7% in terms of value over the period, 2017-2026. The commercial scope of automotive lifts is pegged to become wider in the coming years. More number of independent garages being set up across the world will directly influence the adoption of automotive lifts. In addition, high initial investments of OEMs towards setting up manufacturing units will not deter them from buying expensive and advanced automotive lifts that offer long-term service life. The report has analyzed the global automotive lifts market on the basis of above segments and sub-segments. On the basis of an extensive analysis, the report estimates the global automotive lifts sales in terms of volume to surpass 6,400 thousand units by the end of 2026.

End-use of automotive lifts in garages will witness a steady upswing through 2026

For boosting the safety of working environments, garage owners from several parts of the world are installing automotive lifts. Majority of vehicle repairs are being fixed by working under the car, and automotive lifts serve this purpose more effectively than jacks. Besides offering a safe environment to work in, automotive lifts also ease the operations in a garage. The increased space is an added advantage of installing automotive lifts. Several automotive lift manufacturers are considering the custom requirements of garage owners to offer best solutions towards space optimization.

Increasing costs of spare parts, high replacement rate of these components and feasible labor costs make commercial garages profitable businesses, which in turn drives the usability of advanced of automotive lifts that come at slightly high costs. While catering to the demands of commercial garages will remain highly profitable for automotive lift manufacturers, several companies will also capture the sharp increase in demand across home garages. Low heights of home garages may create certain challenges for existing product lines, but companies are offering redesigned automotive lifts that adjust to such environments.

Throughout the forecast period, more than one-third share of automotive lifts sold in the world are estimated to be used in garage applications. By the end of 2026, garages from all across the world will be installing nearly 2,300 thousand units of automotive lifts.

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Table of Contents:

1. Global Economic Outlook
2. Global Automotive Lifts Market – Executive Summary
   2.1. Global Automotive Lifts Market – Opportunity Analysis & Mega Trends
3. Global Automotive Lifts Market Overview
   3.1. Introduction
   3.1.1. Global Automotive Lifts Market Taxonomy
   3.1.2. Global Automotive Lifts Market Definition
   3.2. Global Automotive Lifts Market Size (US$ Mn) & volume (Unit) and Forecast, 2012-2026
   3.2.1. Global Automotive Lifts Market Y-o-Y Growth
   3.3. Impactful Trends Transforming Automotive industry to High-Tech Industry
   3.4. Key Challenges and Opportunities for Automotive Industry
   3.5. Global Automotive Lifts  Market Dynamics
   3.5.1.Market Drivers
   3.5.2.Market Restraints
   3.5.3.Market trends
   3.5.3.1. Impact Analysis By Product Type
   3.5.3.2. Impact Analysis By Application Type
   3.6. Value Chain
   3.7. List of New Entrants
   3.8. Global Automotive Lifts Market Forecast Factors
   3.9. Technology Roadmap
   3.10. PEST Analysis
   3.11. Porter’s Five Forces
   3.12.Product Life Cycle analysis
   3.13. Global Automotive Lifts Market Scenario forecast
   3.13.1.Conservative Scenario
   3.13.2.Likely Scenario
   3.13.3.Optimistic Scenario
   3.14. Pricing Analysis
   3.14.1.Pricing Analysis, By Region and Product Type
   3.14.2.Factors Influencing Pricing
   3.15. Investment Feasible Index
   3.16. Market Competition Structure
   3.17 Key Participants Market Presence (Intensity Map) By Region

Continued……………

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