Scissor Lift Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Scissor Lift Market in 2025 is assessed at USD 3.76 billion. The global Market size was worth over USD 3.52 billion in 2024 and is poised to grow at a CAGR of around 8.4%, reaching USD 10.04 billion revenue by 2037. North America is anticipated to collect USD 3.71 billion by 2037, fueled by increasing online shopping trends and growth in the construction industry.
An increasing number of internet consumers and an increased number of e-commerce platforms can be considered the reason for market growth. In turn, as a result of the expansion of e-commerce, demand for scissor lifts to be used in warehouses is also likely to increase due to the increasing number of logistics companies, courier services, and internet transport marketplaces. In 2025 it is estimated that there will be about three billion online shoppers.
Other factors that are said to be a factor leading to the growth of the scissor lift market include increased use among construction workers. Bridges and massive buildings have made the need for hydraulic systems even more pressing. A seasonally adjusted annual rate of USD 1,825 billion is anticipated for construction spending in January 2023 in the United States, according to data from the U.S. Census Bureau. It is anticipated that the expanding construction sector would boost demand for scissor lifts.
