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Global Tail Lift Market 2018-2022 - Growing Number of Partnerships Between Vendors and Other Companies

Dublin, Dec. 12, 2018 (GLOBE NEWSWIRE) -- The "Global Tail Lift Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The tail lift market will register a CAGR of over 13% by 2022.

Regulatory authorities are focusing on the improvement of tail lift safety due to increasing number of accidents being reported while operating tail lifts. For instance, an automatic tail lift tripping system was proposed by the Hong Kong Productivity Council (HKPC) which will be equipped with a foot protector and a tripping device. The foot protector uses a photoelectric retro-reflective sensor to detect the operator's feet when the tail lift is moving up.

A laser scanner is used in the tripping device to detect any obstruction during the closing of tail lifts. Both these devices will help in stopping the operation of tail lifts in case of emergency. The safety of tail lifts can be further enhanced by adding two-hand control devices, buzzers, and flashing lamps. Thus, the availability of safety devices is expected to augment the growth of the tail lift market during the forecast period.

Market Overview

Growing number of partnerships between vendors and other companies

In the APAC region, the number of partnerships between vendors and other companies is increasing. Several companies are entering into partnerships to expand their operations and improve their aftersales service. There has also been an increase in the number of partnerships between vendors, especially in the Americas. The growing number of partnerships between vendors and other companies will improve the availability of tail lifts and drive market growth.

High cost of operating tail lifts

The direct and indirect costs involved in the operation of tail lifts is high. The cost of tail lift varies depending upon the load-carrying capacities, size, and application of tail lifts. Since tail lifts are used for lifting, loading, and unloading goods, the cost of maintenance also becomes high. The cost of operating tail lifts also increases as logistics companies must adhere to guidelines imposed by governments to ensure the safety of workers. Thus, the high operating cost of tail lifts is hampering the growth of the market.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Anteo, and Cargotec the competitive environment is quite intense. Factors such as the growing number of partnerships between vendors and other companies, will provide considerable growth opportunities to tail lift manufacturers. Anteo, Cargotec, Dhollandia, Maxon lift, and Palfinger are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Overview
  • Comparison by product
  • Cantilever lifts - Market size and forecast 2017-2022
  • Slider tail lifts - Market size and forecast 2017-2022
  • Tuck away lifts - Market size and forecast 2017-2022
  • Column lifts - Market size and forecast 2017-2022
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • EMEA - Market size and forecast 2017-2022
  • Americas - Market size and forecast 2017-2022
  • APAC - Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Availability of safety devices for tail lifts
  • Development of ergonomic exoskeletons for workers
  • Innovations in tail lifts

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitor landscape

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Anteo
  • Cargotec
  • Dhollandia
  • Maxon lift
  • Palfinger

For more information about this report visit https://www.researchandmarkets.com/research/nfb787/global_tail_lift?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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                    Related Topics: Elevators and Escalators 
                    

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