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Articulated Lifts Market
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Articulated Lifts Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2101017, Published - January 2025

Segmented in Market Application (Construction, Warehousing, Public Infrastructure, Others), Product Type (Electric, Fuel Powered), Operational Setting, Control System and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Articulated Lifts Market Outlook

The worldwide market for Articulated Lifts is experiencing growth thanks to the growing demand in sectors such as construction and warehousing. 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 a growth to around $9.4 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 6.3% over the forecast period. 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 Size Forecast & Key Insights

2019
$4.8B2024
2029
$8.8B2034

Absolute Growth Opportunity = $4.0B

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.

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 Market

Accessible Rental Services

One interesting development that could positively impact the market for articulated lifts is 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.

Revamping Construction Industries and Innovation in Lifts Design

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.

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.

Growth Opportunities in North America and Europe

Europe Outlook

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.

North America Outlook

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.

North America Outlook

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.

Europe Outlook

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.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, China, Germany, Japan, United Kingdom are expected to grow at 4.1% to 6.0% CAGR

2

Emerging Markets : Brazil, India, South Africa are expected to grow at 7.2% to 8.7% CAGR

Market Analysis Chart

Articulated lifts to go by the name of articulated boom lifts serve as equipment in a variety of industries due to their versatility and effectiveness in raising both materials and workers to significant heights. A key factor fuelin the continued rise of the market for articulated lifts is the growing need within the construction and warehouse industries. With the expansion of these sectors come an increased requirement for machinery such, as articulated lifts that enhance efficiency and safety on site.

Recent Developments and Technological Advancement

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.

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.

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.

1

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.

2

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.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Lifting Equipment industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Lifting Equipment industry cascade into the Articulated Lifts market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

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.

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

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

Raw Materials Acquisition

ArcelorMittal

Rio Tinto Group

Product Design & Manufacture

Genie

JLG Industries

Distribution & Transportation
FedEx / United Parcel Service (UPS)
Final Markets & Consumers
Construction Industry / Warehouse Operations / Retail
Raw Materials Acquisition

ArcelorMittal

Rio Tinto Group

Product Design & Manufacture

Genie

JLG Industries

Distribution & Transportation

FedEx

United Parcel Service (UPS)

Final Markets & Consumers

Construction Industry

Warehouse Operations

Retail

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Construction Sites
Construction
JLG Industries
Utilizing advanced technology for improving safety and efficiency
Warehouses
Logistics
Genie Industries
Investing in R&D for product innovation and customization
Public Infrastructure
Government & Public Services
Skyjack Inc
Emphasizing on durability, user-friendly design and cost-effectiveness
Outdoor Events
Entertainment
Haulotte Group
Adopting eco-friendly practices, reducing noise and fuel consumption

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Articulated Lifts market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Articulated Lifts in Maintenance and Repair of Electrical and Lighting Systems, Tree Care Services and Access to High Ceilings and Structures

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.

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.

Articulated Lifts vs. Substitutes:
Performance and Positioning Analysis

Articulated lifts are known for their lifting and reposition abilities that set them apart from other options like boom lifts and scissor lifts in the market. Their strong market value is due to their use, across various industries which leads to steady growth opportunities.

Articulated Lifts
  • Telescopic Boom Lifts /
  • scissor lift /
  • vertical mast lift
    High maneuverability, Versatile application range
    Heavy weight, Extensive operational training needed
    High maneuverability, Enhanced Load Capacity
    Limitations in vertical reach, High Maintenance Costs

Articulated Lifts vs. Substitutes:
Performance and Positioning Analysis

Articulated Lifts

  • High maneuverability, Versatile application range
  • Heavy weight, Extensive operational training needed

Telescopic Boom Lifts / scissor lift / vertical mast lift

  • High maneuverability, Enhanced Load Capacity
  • Limitations in vertical reach, High Maintenance Costs

Articulated lifts are known for their lifting and reposition abilities that set them apart from other options like boom lifts and scissor lifts in the market. Their strong market value is due to their use, across various industries which leads to steady growth opportunities.

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Research Methodology

This market research methodology defines the Articulated Lifts market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Lifting Equipment ecosystem, we analyze Articulated Lifts across Construction, Warehousing, and Public Infrastructure Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

DataString Database

Annual Reports / Industry Magazines / Country Level Ministerial Sources

Interviews of Industry Stake Holders

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

• NAICS - Economic Statistics (US, Canada)

DnB / Factiva / Hoovers / Financial Reports

We benchmark competitors such as JLG Industries Inc., Genie - Terex AWP, and Haulotte Group by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Materials Acquisition, Product Design & Manufacture, and Distribution & Transportation. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Lifting Equipment revenues to estimate the Articulated Lifts segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Materials Acquisition (ArcelorMittal, Rio Tinto Group), Product Design & Manufacture (Genie, JLG Industries), and Distribution & Transportation. Our parallel substitute analysis examines Telescopic Boom Lifts, scissor lift, and vertical mast lift, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as JLG Industries Inc., Genie - Terex AWP, and Haulotte Group, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Articulated Lifts market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Articulated Lifts Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 5.1 billion
Revenue Forecast in 2034USD 8.8 billion
Growth RateCAGR of 6.3% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20244.8 billion
Growth OpportunityUSD 4.0 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20244.8 billion USD
Market Size 20275.8 billion USD
Market Size 20296.5 billion USD
Market Size 20306.9 billion USD
Market Size 20348.8 billion USD
Market Size 20359.4 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredMarket Application, Product Type, Operational Setting, Control System
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledJLG Industries Inc., Genie - Terex AWP, Haulotte Group, Snorkel, Skyjack Inc., Telescopic Handlers Pty Ltd, Man Lift Mfg. Co., MEC Aerial Work Platforms, Niftylift Ltd., Ritchie Bros, Linamar Corporation and Xuzhou Construction Machinery Group Inc.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Articulated Lifts Market Size, Opportunities & Strategic Insights, by Market Application

4.1Construction
4.2Warehousing
4.3Public Infrastructure
4.4Others
Chapter 5

Articulated Lifts Market Size, Opportunities & Strategic Insights, by Product Type

5.1Electric
5.2Fuel Powered
Chapter 6

Articulated Lifts Market Size, Opportunities & Strategic Insights, by Operational Setting

6.1Indoor
6.2Outdoor
Chapter 7

Articulated Lifts Market Size, Opportunities & Strategic Insights, by Control System

7.1Manual controls
7.2Automated controls
Chapter 8

Articulated Lifts Market, by Region

8.1North America Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Articulated Lifts Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1JLG Industries Inc.
9.2.2Genie - Terex AWP
9.2.3Haulotte Group
9.2.4Snorkel
9.2.5Skyjack Inc.
9.2.6Telescopic Handlers Pty Ltd
9.2.7Man Lift Mfg. Co.
9.2.8MEC Aerial Work Platforms
9.2.9Niftylift Ltd.
9.2.10Ritchie Bros
9.2.11Linamar Corporation
9.2.12Xuzhou Construction Machinery Group Inc.