NEW
YORK, July 9, 2024 /PRNewswire/ -- The global
vacuum lifter market is poised to expand significantly, projected
to grow by USD 93.1 billion from 2024
to 2028, at a CAGR exceeding 8.14%. This growth is driven by
increasing construction activities worldwide and a rising trend
toward automation across industries. However, challenges persist
with the sluggish growth of the automotive sector. Key market
players such as Aardwolf Industries LLC, ACIMEX, and ANVER Corp.
are pivotal in shaping this dynamic market landscape.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Industrial
manufacturing, Construction, Automotive, Chemical and
pharmaceutical, and Others), Type (Single-drive vacuum lifter,
Double-drive vacuum lifter, and Four-drive vacuum lifter), and
Geography (APAC, North America, Europe, Middle East and Africa, and
South America)
|
Region
Covered
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
Aardwolf Industries
LLC, ACIMEX, All Vac Industries, ANVER Corp., Burgess Manufacturing
Co., Fertema Oy, GGR Group, Hird Ltd., J. Schmalz GmbH, Kilner
Vacuumation Co. Ltd., Manut LM, Movomech AB, Piab AB, Qingdao
Sinofirst Machinery Co. Ltd., Righetti S.R.L., The Caldwell Group
Inc., UniMove LLC, ViaVac B.V., Woods Powr Grip Co. Inc., and X
Team Equipments Pvt. Ltd.
|
Key Market Trends Fueling Growth
The rising labor costs and the challenge of finding and
retaining skilled labor in industries such as construction and
manufacturing have led to an increased adoption of automation.
Vacuum lifter manufacturers, like Bystronic Glass and J. SCHMALZ,
offer custom production automation systems for handling and
manipulating sheet metal and glass, including fully automated
vacuum lifters and vacuum lifting robots. These systems reduce the
need for manual labor, minimize handling errors, and decrease
production line downtime. The growth of Industry 4.0 and the
increasing use of Industrial Internet of Things (IIoT) devices are
expected to further drive the demand for automated vacuum lifters
in the next five years. This trend will contribute to the expansion
of the global vacuum lifter market during the forecast
period.
The Vacuum Lifter Market is experiencing significant growth,
particularly in the industrial sector, due to the increasing demand
for efficient and safe load handling solutions for fragile items.
Vacuum lifting systems, which use suction-producing vacuum pumps to
lift and move loads, have become popular for their ability to
handle various materials like glass, stone, plastics, timber, and
laminate, with customizable attachments for different lifting
capacities and suction pressures. Technological developments have
led to safety features such as sensors, controls, and automation
advancements, ensuring operational efficiency and ergonomic factors
for employee safety and wellbeing. Safety regulations and
environmental concerns have driven the market towards lighter, more
energy-efficient designs. Smart technology integration, preventive
procedures, and maintenance scheduling have also become essential,
reducing labor costs and ensuring uniformity and accuracy in
manufacturing systems. Vacuum lifters have replaced manual handling
and external sources like transportation and manpower, leading to
significant cost savings and improved infrastructure and
construction projects.
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Market Challenges
• Vacuum lifters
play a crucial role in automotive manufacturing processes by
lifting various vehicle components, including body frames, doors,
and windows. They enhance production efficiency by reducing labor
costs and improving handling capabilities. However, the global
automotive industry's growth has been uneven, with some countries
experiencing declines in vehicle demand. For instance, Chile's automotive sales have remained
stagnant, while China's market has
surged, becoming the largest for passenger and commercial vehicles.
Stricter vehicle emission regulations and the adoption of new
standards, such as India's Bharat
Stage-IV and BS-VI, may also decrease car demand, as buyers may
delay purchases until regulations take effect. These economic and
regulatory factors could negatively impact the global vacuum lifter
market during the forecast period.
• The vacuum
lifter market encompasses industrial products designed for handling
various materials such as glass, stone, plastics, timber, laminate,
and more. Challenges include external sources like transportation
and manhandling, which can impact lifting capacities and workplace
safety. Vacuum lifters offer customizable attachments and suction
pressures, catering to industries like infrastructure and
construction, flooring, precision products, and automation. Raw
material prices and supply chain disruptions pose challenges, but
vacuum-based technology ensures efficiency and ergonomics. Advanced
equipment includes heavy-duty and light-duty lifters, standard
suction pads, and automation systems. End effectors, articulating
arm lifters, and customizable end effectors expand application
possibilities. Solar panel lifters, Aerolift, EU-series, and
robotic systems further enhance capabilities. Operational
excellence and labor market trends influence market growth.
Cost-effective manufacturing processes and industrial supplies
complete the landscape.
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challenges - Download a Sample Report
Segment Overview
This vaccum lifter market report extensively covers market
segmentation by
- End-user
- 1.1 Industrial manufacturing
- 1.2 Construction
- 1.3 Automotive
- 1.4 Chemical and pharmaceutical
- 1.5 Others
- Type
- 2.1 Single-drive vacuum lifter
- 2.2 Double-drive vacuum lifter
- 2.3 Four-drive vacuum lifter
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Industrial manufacturing- The vacuum lifter
market caters to various industries, with the industrial
manufacturing segment being a significant consumer. This segment
includes glass and glass processing, metal production and
processing, wood and wood processing, stone and stone processing,
and packaging industries. Vacuum lifters are extensively used in
these industries for efficient material handling during
manufacturing, processing, and warehousing stages. In the glass
industry, vacuum lifters prevent damage to glass sheets and flat
panels, making them indispensable. Wood and wood processing
industries utilize vacuum lifters to handle lumber, wooden
furniture, and other materials. Advanced vacuum lifters can even
lift curved and rough surface materials. The growth in global
construction activities, particularly in the US and Middle Eastern
countries, is expected to boost demand for vacuum lifters from the
wood and wood processing industry. Stone and stone processing
industries use vacuum lifters to efficiently lift, manipulate, and
transport oversized and heavy stone slabs. Vacuum lifters make
handling and processing stones less hazardous than manual handling.
The rising construction activities and the popularity of stones in
household construction, especially in developing countries, are
expected to drive the demand for vacuum lifters. Vacuum lifters are
also essential in handling packaging materials and packages,
reducing the strain on human workers. They can easily lift a
variety of boxes, cartons, and large bags. The growth in the
packaging industry, including the manufacture of packaging
materials and assembly lines, is expected to drive the demand for
vacuum lifters. Metal products, such as metal sheets and tubes, are
also handled using vacuum lifters in various applications. However,
the growth in the industrial manufacturing segment, including metal
production and processing, is expected to be slower than the
overall vacuum lifter market due to industry consolidation and a
slowdown in production. Nonetheless, the vacuum lifter market is
expected to grow during the forecast period, driven by the
industrial manufacturing segment.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
Vacuum lifters are industrial products designed for lifting and
transporting various materials such as glass, stone, plastics,
timber, and heavy or light duty items. External sources like
suction-producing vacuum pumps power these lifters, making them an
efficient alternative to manual manhandling. Vacuum lifting systems
are widely used in industries for automation and workplace safety.
They come in different configurations, including heavy duty and
light duty models, and are suitable for fragile items as well as
heavy weight requirements. Vacuum-based technology ensures minimal
damage to materials during lifting and transportation. Industrial
supplies offer a range of standard suction pads for various
applications. Vacuum lifters are essential in industries where
transportation of heavy or delicate materials is a regular
requirement.
Market Research Overview
Vacuum lifters are industrial products used for lifting and
handling various materials such as glass, stone, plastics, timber,
laminate, and precision products in industries like infrastructure
and construction, manufacturing systems, and precision industries.
External sources like raw material prices and supply chain
disruptions impact the market. Vacuum lifters come in different
lifting capacities and are customizable with attachments and
suction pressures to handle diverse materials. Advanced equipment
includes heavy-duty and light-duty lifters, standard suction pads,
articulating arm lifters, and customizable end effectors.
Automation, ergonomics, operational excellence, and workplace
safety are key considerations. Technological developments include
robotic systems, smart technology integration, and safety
regulations. Vacuum lifting systems offer cost-effective
manufacturing processes for handling fragile items and are
essential for industries with weight requirements. Safety features,
controls, sensors, and preventive procedures ensure efficient and
uniform load handling while reducing labor costs and promoting
employee wellbeing.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Industrial Manufacturing
- Construction
- Automotive
- Chemical And Pharmaceutical
- Others
- Type
-
- Single-drive Vacuum Lifter
- Double-drive Vacuum Lifter
- Four-drive Vacuum Lifter
- Geography
-
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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Contacts
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Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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