Vaccum Lifter Market Size to grow by USD 93.1 billion between 2024-2028
According to a research report “ Vaccum Lifter Market” by End-user (Industrial manufacturing, Construction, Automotive, Chemical and pharmaceutical, Others) Type (Single-drive vacuum lifter, Double-drive vacuum lifter, Four-drive vacuum lifter) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 93.1 billion, at a CAGR of 8.14% during the forecast period. The global vacuum lifter market has experienced significant growth in high-value construction markets, such as the US, Australia, and India, following a downturn in the industry after the 2008 housing market crash in the US. Despite a global economic slowdown leading to decreased construction activities in several countries, the suppressed demand for residential housing is projected to fuel market expansion during the forecast period. The APAC and North American regions are expected to lead the growth of the global vacuum lifter market due to robust building construction and infrastructure development..
Browse market data tables, figures, and in-depth TOC on “Vaccum Lifter Market” by End-user (Industrial manufacturing, Construction, Automotive, Chemical and pharmaceutical, Others) Type (Single-drive vacuum lifter, Double-drive vacuum lifter, Four-drive vacuum lifter) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By End-user, the Industrial manufacturing segment is projected to dominate the market size in 2024
In the industrial manufacturing sector, vacuum lifting machines and equipment play a significant role in enhancing material handling efficiency for industries such as glass and glass processing, metal production and processing, wood and wood processing, and stone and stone processing in the manufacturing, processing, and warehousing stages. The glass industry extensively uses vacuum lifters due to their ability to handle delicate glass sheets and flat glass panels without causing damage, unlike other handling methods. Similarly, in the wood and wood processing industry, vacuum lifters are indispensable for handling lumber and wooden furniture, with advanced models capable of lifting curved and rough surface materials. These industries' processing lines, including wood machining centers and door manufacturing, heavily rely on vacuum lifters for optimizing production.
By Type, Single-drive vacuum lifter segment is expected to hold the largest market size for the year 2024
The global vacuum lifter market has experienced significant growth over the past five years, driven by the increasing adoption of vacuum lifting technology in various industries to enhance material handling processes. Single-drive vacuum lifters, a type of vacuum lifter, have gained popularity due to their versatility and ability to handle a diverse range of materials, including glass, metal, plastics, and even food products. These lifters offer numerous benefits, making them a preferred choice for industries such as manufacturing, construction, and logistics. Their efficiency in lifting and moving heavy loads quickly and effectively contributes to increased productivity and cost savings. Single-drive vacuum lifters' versatility and performance make them an indispensable tool for handling a wide array of materials in various industrial applications.
APAC is forecasted to hold the largest market size by region in 2024
The vacuum lifter market is experiencing significant growth due to increasing demand for automated material handling solutions in various industries. Key players in this market are focusing on product innovation and technological advancements to cater to this demand. The market is expected to expand at a robust CAGR, driven by factors such as rising industrialization and urbanization, and the need for efficient material handling systems. Companies are also investing in research and development to introduce more efficient and cost-effective vacuum lifter solutions.
The Vaccum Lifter Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The vacuum lifter market encompasses a range of industrial supplies that utilize suction-producing vacuum pumps for lifting and transporting various materials. These vacuum lifting systems are essential for handling fragile items with care, making them popular in industries dealing with timber, plastics, stone, glass, and other delicate materials. The configuration of vacuum lifters can vary greatly depending on weight requirements, with light duty lifters capable of handling up to 500 kg and heavy duty lifters capable of lifting several tons. Industrial vacuum lifters are integral to workplace safety, reducing the need for manhandling and the risk of injury. Vacuum-based technology allows for precise and automated lifting, ensuring consistent and efficient production. Standard suction pads can be adjusted to fit different shapes and sizes, making these systems versatile and adaptable. External sources, such as vacuum generators and power units, can be used to enhance the functionality of vacuum lifters. Vacuum lifters are increasingly being used for transportation, both within factories and for external logistics, streamlining the process and improving overall productivity in the industrial sector. With advancements in technology, these systems continue to evolve, offering improved load capacity and increased safety features.
Market Research Overview
The Vacuum Lifter Market is witnessing significant growth due to the increasing focus on worker comfort, ergonomics, and employee safety in various industries. Musculoskeletal problems caused by strain and fatigue from manual lifting are a major concern, leading to the adoption of vacuum lifting systems. These systems offer lightweight construction, which reduces the weight requirements for operators, preventing injuries and enhancing wellbeing. Vacuum lifters are also essential for operational efficiency and maintenance scheduling in industries dealing with preventive procedures and networking capabilities. Advanced technological developments, such as controllers, sensors, and controls, ensure accuracy and uniformity, reducing labor cost and enhancing productivity. Environmentally friendly designs, safety regulations, and automation advancements are driving the market growth. Vacuum-based technology is being integrated into various industrial applications, from handling fragile items in precision products industries to lifting heavy loads in infrastructure and construction. Cost-effective manufacturing processes in industries like steel strips, flooring, and infrastructure are also adopting vacuum lifting systems for their efficiency and automation capabilities. The market includes various types of vacuum lifters, such as the EU-series, Aerolift, Solar Panel Lifter, and customizable end effectors like Articulating Arm Lifters. Vacuum lifters offer safety features, such as suction-producing vacuum pumps, and are available in various lifting capacities, making them suitable for handling a wide range of materials, including laminate, timber, plastics, stone, and glass. The market is expected to continue growing due to the automation of industries, the increasing demand for operational excellence, and the need to reduce manhandling and transportation costs from external sources.
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