Global Wheelchair Lift Market 2018-2023: Key vendors for the $2.6 Bn Market are BraunAbility, Bruno Independent, Cibes Lift, Garaventa, Harmar, Ricon, Savaria & Thyssenkrupp

Dublin, April 18, 2018 -- The "Wheelchair Lift Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global wheelchair lift market is expected to generate revenues of around $2.6 billion by 2023 and is anticipated to grow at a CAGR of approximately 10% during the forecast period.

The proliferation of Medicare, universal health schemes, private insurance, and lucrative reimbursement policies will augment the adoption of the chairlifts in the global market. The rise in the number of innovative products driven by modular development with emphasis on safety and space optimization will help players gain larger share in the global market.

Various end-users in the market are looking for mobility-friendly options in public transportation, private vehicles, stairs, and escalators. Leading vendors are developing stair lifts especially for long distance travels, wherein vehicles need to be customized to accommodate and carry a wheelchair or a mobility scooter easily.

The growing focus on personalized designs will fuel the demand for these products in the global market. Lifts specifically designed for buildings find applications in residential buildings, hospitals, and clinics, and in commercial spaces such as shopping malls and offices. The increasing adoption of advanced mobility equipment by the disabled and geriatric population due to better awareness is one of the key drivers in the global market.

The growing efforts from various government and private organizations will attribute to the growth of the global wheelchair lift market. These agencies are focusing on preparing for economic and social shifts associated with an aging population and to ensure progress in development activities.

Key Countries Profiled

The key countries profiled in the report are:

• US
• Canada
• UK
• Germany
• China
• Japan

Key Vendor Analysis

The global wheelchair lift market is highly fragmented, and the top vendors are commanding majority market share. The companies in the global market are competing in the terms of features such as quality, technology, and price. Technological innovations and strategic M&A will help vendors sustain the intense competition in the global market. The growing demand from Asian countries such as China, South Korea, Japan, and Taiwan will encourage players to expand their businesses in these region during the forecast period.

The major vendors in the global market are:

• BraunAbility
• Bruno Independent Living Aids
• Cibes Lift Group
• Garaventa
• Harmar
• Ricon
• Savaria
• Thyssenkrupp
  

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Macroeconomic Factors Enabling Market Growth
7.2.1 Economic Development
7.2.2 Per Capita GDP in Developing Markets
7.2.3 Dual-income Households in Developed Markets

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growing Expenditure on Wheelchair Lifts
8.1.2 Rising Aging Population with Increased Life Expectancy Rate
8.1.3 Promotion of Active and Independent Living for Elders and Disabled
8.1.4 Incentives Offered by Various Automotive Vendors
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 High Purchase, Installation, and Maintenance Cost of Building Lifts
8.2.2 Physical and Space Limitations for Small and Medium WAVs
8.2.3 Perceptual Barriers Deterring User Experience
8.2.4 Presence of Low Expensive Alternatives Stands Major Challenge for Building Wheelchair Lifts
8.2.5 YOY Impact of Market Growth Restraints
8.2.6 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Growing Efforts from Various Governments and Private Organizations
8.3.2 Shift in Automotive Designs and Rise of EVs
8.3.3 Rising Awareness among Disabled and Elderly Population
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends on Regions

9 Value Chain Analysis
9.1 Value Chain overview
9.2 Value Chain Analysis
9.2.1 Raw Material and Component Suppliers
9.2.2 Manufacturers
9.2.3 Distributors/Dealers/Retailers
9.2.4 End-user

10 Global Wheelchair Lift Market
10.1 market Overview
10.1.1 Market Size & Forecast
10.1.2 Urbanization
10.1.3 Rising Labor Costs in Low-cost Economies
10.2 Porter's Five Forces Analysis

11 Global Wheelchair Lift Market by End-user
11.1 Market Overview

12 Global Building Wheelchair Lift Market
12.1 Market Size & Forecast
12.2 Product Segmentation
12.2.1 Residential Building Wheelchair Lifts: Market Size & Forecast
12.2.2 Residential Building Wheelchair Lifts by Sub-products: VPLs & IPLs
12.2.3 Commercial Building Wheelchair Lifts: Market Size & Forecast
12.2.4 Commercial Building Wheelchair Lifts by Sub-products: VPLs & IPLs

13 Global Automotive Wheelchair Lift Market
13.1 Market Size & Forecast
13.2 Product Segmentation
13.2.1 Occupied Automotive Wheelchair Lifts: Market Size & Forecast
13.2.2 Occupied Automotive Wheelchair Lifts by Sub-products: Single-Post Split Platform, Standard Dual-Post & UVLs
13.2.3 Unoccupied Automotive Wheelchair Lifts: Market Size & Forecast
13.2.4 Unoccupied Automotive Wheelchair Lifts by Sub-products: Inside, Outside, & Hybrid Lifts

14 Global Wheelchair Lift Market by Power Type
14.1 Market Overview
14.2 Hydraulic Wheelchair Lift Market
14.3 Electric Wheelchair Lift Market

15 Geographical Segmentation
15.1 Market Overview

16 North America: Wheelchair Lift Market
16.1 Market Overview
16.2 End-user Segmentation
16.3 Key Countries
16.4 Leading Trend, Enabler, and Restraint

17 Europe: Wheelchair Lift Market
17.1 Market Overview
17.2 End-user Segmentation
17.3 Key Countries
17.4 Leading Trend, Enabler, and Restraint

18 APAC: Wheelchair Market
18.1 Market Overview
18.2 End-user Segmentation
18.3 Key Countries
18.4 Leading Trend, Enabler, and Restraint

19 Latin America: Wheelchair Lift Market
19.1 Market Overview
19.2 End-user Segmentation
19.3 Key countries
19.4 Leading Trend, Enabler, and Restraint

20 MEA: Wheelchair Lift market
20.1 Market overview
20.2 Key Countries
20.3 Leading Trend, Enabler, and Restraint

21 Competitive landscape
21.1 market overview
21.2 Market Structure and Mapping of Competition
21.2.1 Herfindahl-Hirschman Index

22 Key Company profiles

23 Other Prominent Vendors

• WheelChair Carrier
• Vimec SRL
• Trilift Mobility
• TKS Heis AS
• Terry Lifts
• Symmetry Elevating Solutions
• Steering Developments
• RAM Manufacturing Ltd
• Precision Lift Industries
• Phoenix Lifting Systems
• PARAVAN GmbH
• Newlift Holdings
• NAMI Lift AB
• MPR Lifts
• Mobility Networks (Holdings)
• Mobilittsmanufaktur KADOMO
• Liftup A/S
• LIFT-U
• a Division of Hogan Mfg
• Liftavator Inc
• Lehner Lifttechnik GmbH
• KIVI srl
• KIRCHHOFF Mobility
• Invalifts
• Inclinator Company of America
• HURT s.r.o
• Hgg Liftsysteme
• Hidral
• Herkules Liftwerk
• HANDYTECH - CARROZZERIA 71
• Handi-Lift
• Handicare Auto
• Handicaps Inc
• Gartec by Aritco Group
• Focaccia Group
• Florlift of New Jersey
• Federal Elevator Systems
• Faboc Due Srl
• EZ Carrier
• Extrema SRL
• Elap Mobility
• Discount Ramps
• Butler Mobility Products
• Bramalea Elevator
• BC lift A/S
• Autolift
• Autochair Ltd
• Autoadapt
• Les Escalateurs Atlas
• Ascension by AGM Container Controls
• Arrow Lift
• Arealift by Vertico Group
• AMF-BRUNS
• AmeriGlide
• Adaptive Engineering
• ACME Home Elevator
• ACA Adaptation Automobile
• Ricon
• Garaventa
• Cibes Lift Group
• BraunAbility
• D.I.D - Daido Kogyo
• EZ-Access
• Hiro Lift
• Kumalift
• Sugiyasu
• Savaria
• Harmar
• ThyssenKrupp AG
• Bruno Independent Living Aids
• Pride Mobility

For more information about this report visit https://www.researchandmarkets.com/research/r3nc2k/global_wheelchair?w=12

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         Related Topics: Elevators and Escalators , Wheelchairs and Mobility Aids