Stair Lift Market Will Reflect Significant Growth Prospects during 2018-2025

Posted by ved123 on August 20th, 2019

A stair lift market is used for transporting people over stairway who are unable or have problem with climbing the stairs. Such lifts are normally used by elderly people or patients. The stairlifts are installed on rails which are either straight or curved. A stairlift is typically an assembly of rail, seat and motor (A.C.or D.C). In terms of application, straight stair lift is used for single floor or multi floor buildings. Whilst, curved stairlift is mainly used for multistory building or house. Straight stairlifts are mainly made from extruded aluminum and curved stairs. Stairlifts are anticipated to capture the eyes of geriatric population owing to its outstanding features such as they can be folded while not in use. Curved rails are made from materials such as steel or aluminum and can come in various cross-sectional shapes as per the design and customization required. in terms of price, curved stairlifts are costlier when compared with straight stairlifts owing to more length of rail and high power of motor is required. The stairlifts are manufactured in parts and are installed as per the client’s requirements. The manufacturers take the whole responsibility of shipping the parts and stairlift installations. Apart from homes, stairlifts foresee a bright future in case of hill climbing. In the future instance, the global stairlift market is projected to grow with double digit CAGR during the forecast period.

Get More Information aboutStair Lift Market : https://www.trendsmarketresearch.com/report/sample/3587

Stair Lift Market: Dynamics

Geriatric population or 65+ aged people having a problem with taking stairs and increasing the home aesthetics in some cases are the driving factors for the global market during the forecast period. Furthermore, increasing single family houses particularly in hilly area is projected to drive the market. In Europe, hip replacement cases are increasing day by day owing to increase the demand for stairlifts in near future.

Modern stair lifts can be found with a wide variety of features such as adjustable seat height, battery isolation switches, call stations, ‘flip-up’ rail, key switch, folding step, speed governor, seatbelt, soft start and soft stop. Introduction of IoT has also been a trending factor for the market.

Stair Lift Market Segmentation:

The global Stairlift market can be segmented on the basis of Rail Type:

Straight Stair Lifts
Curved Stair Lifts
The global stair lift market can be segment on the basis of Application:

Residential
Commercial
The global stair lift market can be segment on the basis of Power Source:

C. (Alternating Current)
C. (Direct Current)
Request for Table of Contents: https://www.trendsmarketresearch.com/report/requesttoc/3587

Stair Lift Market: Regional Outlook

North America is projected to dominate the global stairlift market owing to increasing demand from U.S. Europe is anticipated to second largest market for the global stair lift market. Furthermore, APAC is projected to grow with significant CAGR over the forecast period. Middle East and Africa in anticipated to grow with sluggish CAGR and China is anticipated to gain superior traction in the global market between the historical and forecast period.

Stair Lift Market: Key Players

Stannah Stairlifts Ltd.
Acorn Stairlifts, Inc.
ThyssenKrupp AG
Bruno Independent Living Aids, Inc
Platinum Stair Lifts Ltd.
Handicare
Savaria Corp.
Lehner Lifttechnik GmbH
Otolift Stairlifts Ltd.
Harmar Mobility LLC
Prism U.K. Medical Limited
HIRO LIFT
Symax Lift (China) Co, Ltd.
Gruppo MillepianiS.p.a
Report Description:
https://www.trendsmarketresearch.com/report/stair-lift-market

View more : Industrial Automation

Trends Market Research is one of the leading digital services provider and a result-oriented company based in U.K... We are a team of enthusiastic-driven individuals with top notch skills in SEO, Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals. We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.

Contact Us:

One Vincent Square
Westminster, London SW1P 2PN
United Kingdom

Like it? Share it!


ved123

About the Author

ved123
Joined: April 9th, 2019
Articles Posted: 298

More by this author