Global Stair Lifts Business Report 2024-2030: Technology and Design Innovations Vital to Sustained Market Growth

DUBLIN, Feb. 16, 2024 /PRNewswire/ — 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 sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Influencer Market InsightsWorld Market TrajectoriesImpact of COVID-19 and Looming Global RecessionPandemic Weakens Global Economic Environment, Triggering Negative Tide in GDPWorld Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021An Introduction to Stair LiftsGlobal Stair Lifts Market: Prospects & OutlookResidential Spaces Lead the Global Stair Lifts MarketDeveloped Regions Lead Global MarketCompetitionRecent Market ActivityKey BrandsStair 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 MarketAging Population Prone to Age-Related Conditions & Mobility Issues Fosters Need for Stair LiftsRise in Incidence of Musculoskeletal Disorders and Physical Disabilities Propels Market GrowthOsteoarthritis & Osteoporosis: Major Health Conditions Affecting Mobility in the ElderlyOsteoporosis: FactsheetStair Lifts Come to the Aid of Elderly with Disabilities & Restricted Mobility due to Lifestyle DiseasesObesity Impacts Mobility, Driving Need for Stair LiftsObesity Statistics in BriefRising Incidence of Disability: A Grim Reality Driving the Stair Lifts MarketPercentage of Population with Disabilities by Age GroupRise in Healthcare Spending Levels and Investments into Healthcare Infrastructure Bodes Well for Stair Lifts MarketTrend towards Smart Homes to Favor Stair Lifts MarketDesign Modifications and Infrastructure Development in Care Facilities & Residences Propels MarketShift towards Home Healthcare Augurs Well for the MarketTechnology and Design Innovations Vital to Sustained Market GrowthMajor Challenges Confronting the Stair Lifts Market

FOCUS ON SELECT PLAYERS (Total 62 Featured)

Abbey Home ElevatorApex LiftsAscel Ascensores de GaliciaAscensores Eguren SADaldoss Elevetronic SpAFarma SrlInnovative Lifts, Inc.Kleemann SAMultilift Commercial Pty., Ltd.Behfakhr Elevator & Escalator Co.Lothian Electric Machines Ltd.Handicare Group ABGaraventa LiftDelaware Elevator, Inc.Motion LP

For more information about this report visit https://www.researchandmarkets.com/r/83mrcx

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