Vacuum Lifter Market size to grow by USD 83.22 billion from 2022 to 2027, Growing construction activities globally to boost the market growth - Technavio

NEW YORK, May 26, 2023 /PRNewswire/ -- The global vacuum lifter market size is estimated to increase by USD 83.22 billion from 2022 to 2027. The market's growth momentum will progress at a CAGR of 7.83% during the forecast period. Growing construction activities globally are the major factor that drives the growth of the global vacuum lifter market. Vacuum lifters are used at development sites to handle and develop building materials such as concrete slabs, columns, sheet metal, ducts, and glass. Thus, the engineering sector is one of the largest end-users of vacuum lift equipment. It is expected to be the major driver of the global vacuum lift market during the forecast period. Additionally, the global construction sector witnessed a sharp decline after the housing market crashed in the US in 2008. Hence, factors such as the long-suppressed demand for single and multi-family housing are expected to propel the growth of the global vacuum lifter market during the forecast period. Discover some insights on the market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report

Vacuum lifter market – Vendor Analysis
Vendor Landscape - The global vacuum lifter market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer vacuum lifter in the market are Aardwolf Industries LLC, ACIMEX, Burgess Manufacturing Co., Fertema Oy, GGR Group, Hird Ltd., J. Schmalz GmbH, Kilner Vacuumation Co. Ltd., Piab AB, ViaVac B.V., Woods Powr Grip Co. Inc., X Team Equipments Pvt. Ltd., All Vac Industries, ANVER Corp., Manut LM, Movomech AB, Qingdao Sinofirst Machinery Co. Ltd., Righetti S.R.L., The Caldwell Group Inc., and UniMove LLC and others.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• Aardwolf Industries LLC - The company offers vacuum lifters called Aardwolf Vacuum Lifter AVLM2.
• Burgess Manufacturing Co. - The company offers vacuum lifters such as Vacu lifters, single cup vacu lifters, double cup vacu lifters, and medium duty vacu lift.
• Fertema Oy - The company offers vacuum lifters such as VPHF Series Vacuum Lifters Poro Lifters for construction industries.
• For details on the vendor and their offerings – Request a sample report

Vacuum Lifter Market - Segmentation Assessment
Segment Overview
This report extensively covers market segmentation by end-user (industrial manufacturing, construction, automotive, chemical and pharmaceutical, and others), type (single-drive vacuum lifter, double-drive vacuum lifter, and four-drive vacuum lifter), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

• The market share growth by the industrial manufacturing segment will be significant during the forecast period. Vacuum lifters are extensively used in processing lines for wood and wood products, which includes wood machining centers and door manufacturing, and advanced vacuum lifters can lift curved and rough surface materials, such as lumber and wooden planks. Moreover, the growth in global construction activities during the forecast period, especially in the US and countries in the Middle East, is expected to boost the demand for vacuum lifters from the wood and wood processing segment.

Geography Overview
By geography, the global vacuum lifter market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global vacuum lifter market.

• APAC is estimated to account for 43% of the market growth during the forecast period. The migration of a large section of the population from rural areas to urban areas, due to the rise in secondary and tertiary sector jobs will drive the residential and infrastructure segment. The existence of several rapidly developing countries in the region, paired with the presence of the majority of global manufacturing industries and consumers, makes APAC the highest potential market. Additionally, the economic development in these countries is backed by heavy urbanization and industrialization. Hence, such factors drive regional market growth during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Vacuum Lifter Market – Market Dynamics

Key Trends - 

• Increased commercial construction is an emerging trend shaping the global vacuum lifter market growth. 
• Rapid urbanization and economic growth lead to an increase in the construction of malls, hospitals, commercial buildings, hotels, and manufacturing facilities. 
• The expansion of commercial spaces and the demand for new office space, special economic zones (SEZs), corporate hubs, and retail outlets drive the demand for construction tools such as vacuum lifters.
• Moreover, infrastructure activities across emerging economies such as India have improved. For instance, efficient and faster transit systems, such as metro rail networks, are being constructed in cities such as Lucknow, Jaipur, Bangalore, and Hyderabad.
• Hence, such trends boost the market growth of vacuum lifters during the forecast period.

Major challenges - 

• The sluggish growth of the automotive industry is a major challenge hindering the growth of the global vacuum lifter market. 
• Vacuum lifters are used at development sites to handle and develop building materials like concrete slabs, columns, sheet metal, ducts, and glass.
• Thus, the engineering sector is one of the largest end-users of vacuum lift equipment and is expected to be the major driver of the global vacuum lift market during the forecast period. For instance, in 2021, the Government of India enforced compliance with Bharat Stage-IV and BS-VI (BS-IV) emission standards.
• It is expected to affect the automotive demand in the country, as many people plan to buy vehicles after new regulations come into effect.
• Hence, it is expected to affect the automotive demand in the country, as many people will plan to buy vehicles after new regulations come into effect.

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Vacuum Lifter Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the vacuum lifter market between 2023 and 2027
• Precise estimation of the size of the vacuum lifter market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the vacuum lifter market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of vacuum lifter market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global vacuum lifter market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global vacuum lifter market 2017 - 2021 ($ billion)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Industrial manufacturing - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Industrial manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Industrial manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Industrial manufacturing - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Industrial manufacturing - Year-over-year growth 2022-2027 (%)

• 6.4 Construction - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Construction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Construction - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Construction - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Construction - Year-over-year growth 2022-2027 (%)

• 6.5 Automotive - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.6 Chemical and pharmaceutical - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Chemical and pharmaceutical - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Chemical and pharmaceutical - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Chemical and pharmaceutical - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Chemical and pharmaceutical - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ billion)
• Exhibit 55: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 56: Chart on Type - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 58: Chart on Comparison by Type
• Exhibit 59: Data Table on Comparison by Type

• 7.3 Single-drive vacuum lifter - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Single-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Single-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Single-drive vacuum lifter - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Single-drive vacuum lifter - Year-over-year growth 2022-2027 (%)

• 7.4 Double-drive vacuum lifter - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Double-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Data Table on Double-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Chart on Double-drive vacuum lifter - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Double-drive vacuum lifter - Year-over-year growth 2022-2027 (%)

• 7.5 Four-drive vacuum lifter - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Four-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Data Table on Four-drive vacuum lifter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Chart on Four-drive vacuum lifter - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Four-drive vacuum lifter - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 72: Market opportunity by Type ($ billion)
• Exhibit 73: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ billion)
• Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Aardwolf Industries LLC 
• Exhibit 127: Aardwolf Industries LLC - Overview
• Exhibit 128: Aardwolf Industries LLC - Product / Service
• Exhibit 129: Aardwolf Industries LLC - Key offerings

• 12.4 ACIMEX
• Exhibit 130: ACIMEX - Overview
• Exhibit 131: ACIMEX - Product / Service
• Exhibit 132: ACIMEX - Key offerings

• 12.5 All Vac Industries
• Exhibit 133: All Vac Industries - Overview
• Exhibit 134: All Vac Industries - Product / Service
• Exhibit 135: All Vac Industries - Key offerings

• 12.6 ANVER Corp.
• Exhibit 136: ANVER Corp. - Overview
• Exhibit 137: ANVER Corp. - Product / Service
• Exhibit 138: ANVER Corp. - Key offerings

• 12.7 Fertema Oy
• Exhibit 139: Fertema Oy - Overview
• Exhibit 140: Fertema Oy - Product / Service
• Exhibit 141: Fertema Oy - Key offerings

• 12.8 J. Schmalz GmbH
• Exhibit 142: J. Schmalz GmbH - Overview
• Exhibit 143: J. Schmalz GmbH - Product / Service
• Exhibit 144: J. Schmalz GmbH - Key offerings

• 12.9 Kilner Vacuumation Co. Ltd. 
• Exhibit 145: Kilner Vacuumation Co. Ltd. - Overview
• Exhibit 146: Kilner Vacuumation Co. Ltd. - Product / Service
• Exhibit 147: Kilner Vacuumation Co. Ltd. - Key offerings

• 12.10 Manut LM
• Exhibit 148: Manut LM - Overview
• Exhibit 149: Manut LM - Product / Service
• Exhibit 150: Manut LM - Key offerings

• 12.11 Movomech AB
• Exhibit 151: Movomech AB - Overview
• Exhibit 152: Movomech AB - Product / Service
• Exhibit 153: Movomech AB - Key offerings

• 12.12 Piab AB
• Exhibit 154: Piab AB - Overview
• Exhibit 155: Piab AB - Product / Service
• Exhibit 156: Piab AB - Key offerings

• 12.13 Qingdao Sinofirst Machinery Co. Ltd. 
• Exhibit 157: Qingdao Sinofirst Machinery Co. Ltd. - Overview
• Exhibit 158: Qingdao Sinofirst Machinery Co. Ltd. - Product / Service
• Exhibit 159: Qingdao Sinofirst Machinery Co. Ltd. - Key offerings

• 12.14 Righetti S.R.L.
• Exhibit 160: Righetti S.R.L. - Overview
• Exhibit 161: Righetti S.R.L. - Product / Service
• Exhibit 162: Righetti S.R.L. - Key offerings

• 12.15 The Caldwell Group Inc. 
• Exhibit 163: The Caldwell Group Inc. - Overview
• Exhibit 164: The Caldwell Group Inc. - Product / Service
• Exhibit 165: The Caldwell Group Inc. - Key offerings

• 12.16 UniMove LLC
• Exhibit 166: UniMove LLC - Overview
• Exhibit 167: UniMove LLC - Product / Service
• Exhibit 168: UniMove LLC - Key offerings

• 12.17 ViaVac B.V.
• Exhibit 169: ViaVac B.V. - Overview
• Exhibit 170: ViaVac B.V. - Product / Service
• Exhibit 171: ViaVac B.V. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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