Stairlift Manufacturing Market: Global Industry Analysis & Forecast (2023-2029)

Stairlift Manufacturing Market size is expected to reach US$ 1.36 Bn. by year 2029 at a CAGR of 8% during the forecast period. A stairlift is a mechanical device which is used to lift people and goods up and down on the stairs, who may find it difficult in doing so themselves. The report covers the current estimated and forecasted data for the Stairlift Manufacturing Market on a global and regional level. The report provides an in-depth analysis of the Stairlift Manufacturing Market for the period 2022 – 2029, wherein 2022 is the base year and the period from 2023 to 2029 is the forecast period.Stairlift Manufacturing MarketTo know about the Research Methodology :- Request Free Sample Report Data for 2017- 2022 has been included as historical information. The study provides a detailed perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ MN), across the different geographies, which include North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM). The report provides qualitative and quantitative insights on the Stairlift Manufacturing industry trends and a detailed analysis of market size and growth rate of all segment in the market. The global Stairlift Manufacturing market is segmented by Product by Type, Application and Region.

Stairlift Manufacturing Market Dynamics

Manufacturers are focusing on stairlift system with modular design. The recently adopted stairlift systems make procedure trouble free and less time consuming during assembly as well as during maintenance. Large group of population accounts for old age groups, physically disabled people & people with damage limbs are driving the global market in the forecast years. The maximum number of buildings is not equipped with elevators or escalators. Most of these buildings have certain limitations of installing elevators or escalators. Hence Stairlift proves to be effective way to tackle such problems faced in many countries. Implemention of the remanufacturing strategy at the end of the product lifecycle improves the competitiveness, which is expected to boost the global market by forecast 2023-2029. Difficulties to install stairlift systems in most of building structures as large number of these structures are old structures & have their own limitations for in installation of elevators & escalators. This may hamper the growth of the global stairlift manufacturing market.

Stairlift Manufacturing Market Segment Analysis

Straight stairlift is most popular and it is widely used throughout the world. Mostly, the staircase inside the house has straight, hence the demand of straight stairlift is more among end users. Associated cost reduction, less customization for newly launched stairlifts are projected to grow the global stairlift manufacturing market. Large number of population with the age group of 60-80 & above that demand stairlift to make easier the daily movements. Increase demand of stairlift among residential commended the largest market share of 8% by 2029. The application of straight rails is majorly preferred in the residential sector as they are easy to install. Selection of optimized mechanism for optimum and safe performance of stairlift increase their demand in residentials. Availability of different varieties of stairlift depending upon nature of stairs, load carrying capacity and comfort are driving factors for the global stairlift manufacturing market.

Stairlift Manufacturing Market Regional Analysis

North America Commended the largest market share of 8% by 2029. Patients suffering from traumatic cases and chronic cases, use the stairlift for day-to-day activities. Presence of market leaders with premium pricing of stairlift is the opportunity for the global market to increase revenue. In developing countries of North America, presence of local or regional manufacturers, manufacturing of branded products from international players are driving the global market. The adoption of modular design and low cost stairlift is comparably more in developing regions. These all factors drive the global stairlift manufacturing market in North America.

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Stairlift Manufacturing Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 0.79 Bn.
Forecast Period 2023 to 2029 CAGR: 8% Market Size in 2029: US $ 1.36 Bn.
Segments Covered: by Type • Straight Stairlift • Curved Stairlift
by Application • Residentials • Multicare Areas • Public Places
by Region North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Stairlift Manufacturing Market Key Players

• Platinum Stairlifts • Acorn Stairlifts Inc. • Stannah Stairlifts Ltd. • Handicare Group • Bruno Independent Living Aids Inc. • Harmar • Mobility • ThyssenKrupp Accessibility BV • Otolift Stairlifts Ltd. • Prism U.K. Medical Limited • Kumalift Co. Ltd. • symax lift Co Ltd • Taamal Seed Electra Group • Savaria Corp Frequently Asked Questions: 1. Which region has the largest share in Global Stairlift Manufacturing Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Stairlift Manufacturing Market? Ans: The Global Stairlift Manufacturing Market is growing at a CAGR of 8% during forecasting period 2023-2029. 3. What is scope of the Global Stairlift Manufacturing Market report? Ans: Global Stairlift Manufacturing Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Stairlift Manufacturing Market? Ans: The important key players in the Global Stairlift Manufacturing Market are – Platinum Stairlifts, Acorn Stairlifts Inc., Stannah Stairlifts Ltd., Handicare Group, Bruno Independent Living Aids Inc., Harmar, Mobility, ThyssenKrupp Accessibility BV, Otolift Stairlifts Ltd., Prism U.K. Medical Limited, Kumalift Co. Ltd., symax lift Co Ltd, Taamal Seed Electra Group, Savaria Corp 5. What is the study period of this Market? Ans: The Global Stairlift Manufacturing Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Stairlift Manufacturing Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Stairlift Manufacturing Market 3.4. Geographical Snapshot of the Stairlift Manufacturing Market, By Manufacturer share 4. Global Stairlift Manufacturing Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Stairlift Manufacturing Market 5. Supply Side and Demand Side Indicators 6. Global Stairlift Manufacturing Market Analysis and Forecast, 2022-2029 6.1. Global Stairlift Manufacturing Market Size & Y-o-Y Growth Analysis. 7. Global Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Straight Stairlift 7.1.2. Curved Stairlift 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1 Residentials 7.2.2 Multicare Areas 7.2.3 Public Places 8. Global Stairlift Manufacturing Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Straight Stairlift 9.1.2. Curved Stairlift 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Residentials 9.2.2. Multicare Areas 9.2.3. Public Places 10. North America Stairlift Manufacturing Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12. Canada Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13. Mexico Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14. Europe Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 15. Europe Stairlift Manufacturing Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17. France Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18. Germany Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19. Italy Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20. Spain Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21. Sweden Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22. CIS Countries Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23. Rest of Europe Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24. Asia Pacific Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 25. Asia Pacific Stairlift Manufacturing Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27. India Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28. Japan Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29. South Korea Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30. Australia Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31. ASEAN Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32. Rest of Asia Pacific Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33. Middle East Africa Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 34. Middle East Africa Stairlift Manufacturing Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36. GCC Countries Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37. Egypt Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38. Nigeria Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39. Rest of ME&A Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40. South America Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 41. South America Stairlift Manufacturing Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43. Argentina Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44. Rest of South America Stairlift Manufacturing Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Application , 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Stairlift Manufacturing Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Product Types and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Product Types 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile – Platinum Stairlifts 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Acorn Stairlifts Inc. 45.5. Stannah Stairlifts Ltd. 45.6. Handicare Group 45.7. Bruno Independent Living Aids Inc. 45.8. Harmar 45.9. Mobility 45.10. ThyssenKrupp Accessibility BV 45.11. Otolift Stairlifts Ltd. 45.12. Prism U.K. Medical Limited 45.13. Kumalift Co. Ltd. 45.14. symax lift Co Ltd 45.15. Taamal Seed Electra Group 45.16. Savaria Corp 46. Primary Key Insights

About This Report

Report ID 91079
Category Healthcare
Published Date Mar 2023
Updated Date
  • INQUIRE BEFORE BUYING