Dublin, Feb. 15, 2024 (GLOBE NEWSWIRE) -- The "Stair Lifts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Stair Lifts Market to Reach $1.6 Billion by 2030
The global market for Stair Lifts estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Straight, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$968.3 Million by the end of the analysis period. Growth in the Curved segment is estimated at 5.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $216.9 Million, While China is Forecast to Grow at 7.7% CAGR
The Stair Lifts market in the U.S. is estimated at US$216.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$188.4 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 260 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1 Billion |
| Forecasted Market Value (USD) by 2030 | $1.6 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and Looming Global Recession
- Pandemic Weakens Global Economic Environment, Triggering Negative Tide in GDP
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- An Introduction to Stair Lifts
- Global Stair Lifts Market: Prospects & Outlook
- Residential Spaces Lead the Global Stair Lifts Market
- Developed Regions Lead Global Market
- Competition
- Recent Market Activity
- Key Brands
- Stair Lifts - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Rising Awareness about Advantages of Stairlifts in Enabling Better Mobility Drives Market
- Aging Population Prone to Age-Related Conditions & Mobility Issues Fosters Need for Stair Lifts
- Rise in Incidence of Musculoskeletal Disorders and Physical Disabilities Propels Market Growth
- Osteoarthritis & Osteoporosis: Major Health Conditions Affecting Mobility in the Elderly
- Osteoporosis: Factsheet
- Stair Lifts Come to the Aid of Elderly with Disabilities & Restricted Mobility due to Lifestyle Diseases
- Obesity Impacts Mobility, Driving Need for Stair Lifts
- Obesity Statistics in Brief
- Rising Incidence of Disability: A Grim Reality Driving the Stair Lifts Market
- Percentage of Population with Disabilities by Age Group
- Rise in Healthcare Spending Levels and Investments into Healthcare Infrastructure Bodes Well for Stair Lifts Market
- Trend towards Smart Homes to Favor Stair Lifts Market
- Design Modifications and Infrastructure Development in Care Facilities & Residences Propels Market
- Shift towards Home Healthcare Augurs Well for the Market
- Technology and Design Innovations Vital to Sustained Market Growth
- Major Challenges Confronting the Stair Lifts Market
FOCUS ON SELECT PLAYERS(Total 62 Featured)
- Abbey Home Elevator
- Apex Lifts
- Ascel Ascensores de Galicia
- Ascensores Eguren SA
- Daldoss Elevetronic SpA
- Farma Srl
- Innovative Lifts, Inc.
- Kleemann SA
- Multilift Commercial Pty., Ltd.
- Behfakhr Elevator & Escalator Co.
- Lothian Electric Machines Ltd.
- Handicare Group AB
- Garaventa Lift
- Delaware Elevator, Inc.
- Motion LP
For more information about this report visit https://www.researchandmarkets.com/r/qnkyss
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