What is Wheelchair Platform Stairlift Market?
Wheelchair platform or bridge lift allows wheelchair users or mobility impaired people the possibility to overcome staircases or steep ramps without the help of an attendant. It is built in a way for the users to travel around several stages, curves or intermediate landings. Stairlifts are a great alternative to elevators and vertical platform lifts because they don't need any structural modifications to the staircase. The installation is possible on almost all staircases due to the compact construction. These lifts blend in with any setting, whether indoors or out. Stairlifts are ideal for any use, whether it's for private or public use, straight or curved staircases.
The market study is being classified, by Application (Household and Commercial) and major geographies with country level break-up.
ThyssenKrupp (Germany), SUGIYASU Corporation (Japan), Acorn Stairlifts Inc. (United States), Handicare group (Norway), Harmar Mobilitty LLC (United States), Stannah (United Kingdom), Otolift Stairlifts Ltd (United Kingdom), Bruno (United States), DAIDO KOGYO CO. LTD. (Japan) and MediTek Stairlifts Limited (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Savaria Corp. (Canada), Kumalift (Japan), Prism Medical Limited (United Kingdom) and Lehner Lifttechnik GmbH (Austria).
Global Wheelchair Platform Stairlifts Market comprises of High level of competition, well established players have an Edge over the new Entrants in terms of customer base & Better serviceability for their products & understand the consumer requirements well. Players are concentrated Majority in North America & Europe, Particularly in the United States, Germany and United Kingdom. Currently key players are in the industry are looking to enhance their existing range of product at the same time deliver quality & multipurpose stairlifts for changing consumer requirements & preferences across core areas including Mobility & Accessibility. Significant Merger & Acquisitions have happened in the recent years thus indicating towards the growth potential in the wheelchair platform stairlifts Market. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Wheelchair Platform Stairlift market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Wheelchair Platform Stairlift market by Type, Application and Region.
On the basis of geography, the market of Wheelchair Platform Stairlift has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rapid Aging Population due to Changing Demographic Patterns.
- Government policies facilitates implementation of such technologies in Public areas.
- Portability, comfort and compactness of stairlifts becomes attractive to consumers.
- Safety is highly preferred in this era of uncertainties, especially for old age population.
- Demand for Professionalism in Hospitality sectors.
- Technical failure can be fatal to the consumer.
- Maintenance can be costly.
- Most countries are yet to implement regulations regarding usage of Stairlifts in the Public Domain, hence creating a Market opportunity.
- To Expand segments including more of Outdoor activities.
- To abide to regulatory standards regarding Manufacturing & safety given the region.
Market Leaders and some development strategies
On 25th November, 2020 - Stannah, announced the launch of a digital platform, enabling its United Kingdom customers to buy custom range of products online within estimated 20 minutes. and On 17th July, 2020 - Smart mobility tech LUCI launches stateside to help powered wheelchairs recognisesurroundings.
European standard EN 81-40; 2008 – Lay’s safety standards for the construction and installation of lifts & lifting platforms intended for persons with impaired mobility across European Union.
Key Target AudienceNew Entrants & Investors, Research and educational institutions, Hospitality Service Providers, End Use Industries, Hotels, Parks, Airports & Railway, Bus Stations, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms and Government Bodies
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