Articulated Lifts Market
The market for Articulated Lifts was estimated at $4.8 billion in 2024; it is anticipated to increase to $6.9 billion by 2030, with projections indicating growth to around $9.4 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Articulated Lifts Market Outlook
Revenue, 2024
$4.8B
Forecast, 2034
$8.8B
CAGR, 2025 - 2034
6.3%
The Articulated Lifts industry revenue is expected to be around $5.1 billion in 2025 and expected to showcase growth with 6.3% CAGR between 2025 and 2034. These lifts play a role, in material handling and working at heights by enhancing operational efficiency and safety while boosting productivity.
Articulated lifts or articulating boom lifts are machines created to access elevated areas with flexibility and accuracy using their multi section boom design that enables operators to navigate around obstacles and work efficiently, in confined spaces.
Market Key Insights
- The Articulated Lifts market is projected to grow from $4.8 billion in 2024 to $8.8 billion in 2034. This represents a CAGR of 6.3%, reflecting rising demand across Access to High Ceilings and Structures, Maintenance and Repair of Electrical and Lighting Systems and Tree Care Services.
- JLG Industries Inc., Genie - Terex AWP, Haulotte Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Articulated Lifts market and are expected to observe the growth CAGR of 4.1% to 6.0% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 7.2% to 8.7%.
- Transition like Innovative Technological Advancements in Articulated Lifts has greater influence in United States and China market's value chain; and is expected to add $244 million of additional value to Articulated Lifts industry revenue by 2030.
- The Articulated Lifts market is set to add $4.0 billion between 2024 and 2034, with manufacturer targeting Warehousing & Public Infrastructure Market Application projected to gain a larger market share.
- With Surge in construction activities, and Technological advancements in articulated lifts, Articulated Lifts market to expand 84% between 2024 and 2034.
Opportunities in the Articulated Lifts
One interesting development that could positively impact the market for articulated lifts is also the growth of rental services in this sector. Due, to the cost involved in acquiring these machines smaller businesses or independent contractors may opt for renting rather than buying outright.
Growth Opportunities in North America and Europe
The United States has a presence in the North American region and is a key player in the articulated lifts market rankings over time due to the booming construction industry and strict safety standards at workplaces driving growth in this sector locally. Furthermore the regions market position is bolstered by companies with purchasing capabilities and the adoption of cutting edge technologies. Nevertheless intense rivalry among leading manufacturers coupled with expenses for product development and patents pose obstacles, to further expansion of this industry. With these challenges in place North America shows potential, for growth especially in renovating infrastructure and carrying out big public projects.
In contrast to this viewpoint is Europe's situation in the field of articulated lifts with Germany and the UK taking the lead role in driving developments forward. The demand for articulated lifts remains thanks to significant industrial and construction projects; however manufacturers are facing challenges due to stringent environmental regulations which are pushing them towards more environmentally friendly and energy efficient lift solutions. This shift, towards eco options is further shaped by the influence of prominent international companies and a competitive market environment that defines the landscape in Europe. Investments in city initiatives and the popularity of vertical residential developments have the potential to open up fresh opportunities for growth in the lift industry, across Europe.
Market Dynamics and Supply Chain
01
Driver: Surge in Construction Activities, and Robust Demand from the Rental Segment
The construction industry is also experiencing growth worldwide due to a rise in residential and commercial projects which has also led to an increased need for articulated lifts to support various tasks at worksites such, as painting and electrical work. The growing popularity of equipment rental in sectors like construction and agriculture is also a factor contributing to the rise of articulated lifts in the market as well. The option of renting provides versatility and cost savings whichs especially beneficial for small businesses and short term projects. Therefore the steady demand, from the sector is also fueling the expansion of the articulated lifts market.
The development of articulated lifts market has also been greatly influenced by advancements. Innovative electric and hybrid lift solutions promote friendliness and cost effectiveness in operations. Additionally the progress in lift control systems ensures improved safety and user convenience, which boosts their popularity, across industries.
02
Restraint: High Maintenance Cost
The considerable expenses linked to articulated lifts upkeep present a hurdle for users to overcome This encompasses the costs of routine maintenance tasks, like engine servicing and part replacements which could strain the finances of numerous customers notably small and medium sized businesses Ensuring the longevity and performance of these machines necessitates regular maintenance leaving customers with little option but to manage the expenditures
03
Opportunity: Innovation in Lifts Design and Revamping Construction Industries
There is a rising curiosity in enhancing the structures of articulated lifts to cater to requirements effectively. Taking intelligence and IoT driven lift controls as examples; these are promising areas for further study. Such technological progressions are expected to propel articulated lifts into a phase of functionality; greatly expanding their potential uses and subsequently widening their market reach. Additionally a explored realm involves electric lifts which could aid companies in conforming to the growing inclination, towards sustainable and eco friendly approaches.
The growing emphasis on safety and productivity in the construction sector offers a chance for the market growth of articulated lifts. This equipment can reach heights with adaptable mobility features which makes them ideal for various tasks such as construction or maintenance of buildings hanging signs, trimming trees and more. Moreover due to the rising urbanization trend the need for articulated lifts, in construction applications is likely to increase well.
04
Challenge: Safety Concerns
Safety issues are an obstacle to the expansion of the articulated lift industry. With safety protocols in place using articulated lifts improperly can lead to serious dangers like tipping over falls and electrical accidents that could result in severe injuries or even death. Moreover the high expenses associated with safety training and meeting regulations well, as the fear of facing liability claims are reasons why potential buyers may be reluctant to invest in these machines.
Supply Chain Landscape
1
Raw Materials Acquisition
ArcelorMittalRio Tinto Group
2
Product Design & Manufacture
GenieJLG Industries
3
Distribution & Transportation
FedExUnited Parcel Service (UPS)
4
Final Markets & Consumers
Construction IndustryWarehouse OperationsRetail
1
Raw Materials Acquisition
ArcelorMittalRio Tinto Group
2
Product Design & Manufacture
GenieJLG Industries
3
Distribution & Transportation
FedExUnited Parcel Service (UPS)
4
Final Markets & Consumers
Construction IndustryWarehouse OperationsRetail
Use Cases of Articulated Lifts in Access to High Ceilings & Structures
Access to High Ceilings and Structures : Articulating lifts are commonly utilized in construction endeavors that involve reaching ceilings and navigating intricate structures efficiently. These machines stand out for their design featuring compact dimensions and the capability to reach heights of up to 40 meters makes them perfect for such tasks. Mainly used are boom lifts powered by either diesel or electricity due to their versatility and strong lifting capabilities. Top industry players such, as JLG and Skyjack dominate this market segment.
Maintenance and Repair of Electrical and Lighting Systems : Articulated lifts are widely utilized for maintenance and repair work in lighting systems due to their versatility in reaching challenging region's enabling electricians to carry out their tasks efficiently and securely. Electric boom lifts, known for their operation and non markings tires are commonly preferred in this field with notable brands, like Genie and Haulotte leading the way.
Tree Care Services : Articulated lifts are widely used in the tree care industry for tasks like pruning and tree maintenance because their flexible arms help arborists reach branches and foliage safely and efficiently. These rough terrain diesel boom lifts are popular in this field for their ability to navigate off road terrains. Snorkel and Niftylift are players in this sector, with their top of the line specialized equipment.
Recent Developments
The market for Articulated Lifts is experiencing a rise in demand due to the increasing development activities worldwide. A notable trend in the market is the growing popularity of eco energy efficient articulated lifts. Companies in the industry are concentrating on creating lifts with features, like high load bearing capacities and flexible movement options.
December 2024 : Aerial Platforms Inc has introduced a range of eco friendly Articulated Lift machines that run on renewable energy sources to cater to the increasing need, for environmentally conscious construction equipment.
October 2024 : Sky High Ltd has integrated safety technology into its newest Articulated Lifts models to actively enhance workplace safety measures.
August 2024 : Elevation Enterprises has just declared the purchase of Vertigo Heights as part of its efforts to solidify its dominance, in the Articulated Lifts industry.
Impact of Industry Transitions on the Articulated Lifts Market
As a core segment of the Lifting Equipment industry,
the Articulated Lifts market develops in line with broader industry shifts.
Over recent years, transitions such as Innovative Technological Advancements in Articulated Lifts and Emergence of Eco-Friendly Articulated Lifts have redefined priorities
across the Lifting Equipment sector,
influencing how the Articulated Lifts market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Innovative Technological Advancements in Articulated Lifts
The Articulated Lifts market worldwide has seen changes due to continuous technological progressions that have brought about the creation of new and improved lift models capable of reaching great heights safely and efficiently. Manufacturers are now integrating telematics into their models to enhance efficiency and collect real time data like never before. Various industries such, as construction and warehouse logistics are embracing these lifts to boost safety standards and increase productivity at worksites significantly.
02
Emergence of Eco-Friendly Articulated Lifts
A significant change in the Articulated Lift sector is the rise of eco lifts known as Green lifts. Manufacturers are increasingly embracing practices due, to environmental issues and regulations worldwide. These modern lifts use friendly hydraulic oils and advanced batteries to significantly decrease carbon emissions.