Dec 12, 2018   SOURCE: BusinessWire

Global Tail Lift Market 2018-2022: Market will Register a CAGR of Over 13% with Anteo, Cargotec, Dhollandia, Maxon lift, and Palfinger Dominating - ResearchAndMarkets.com

The "Global Tail Lift Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The tail lift market will register a CAGR of over 13% by 2022.

Regulatory authorities are focusing on the improvement of tail lift safety due to increasing number of accidents being reported while operating tail lifts. For instance, an automatic tail lift tripping system was proposed by the Hong Kong Productivity Council (HKPC) which will be equipped with a foot protector and a tripping device. The foot protector uses a photoelectric retro-reflective sensor to detect the operator's feet when the tail lift is moving up.

A laser scanner is used in the tripping device to detect any obstruction during the closing of tail lifts. Both these devices will help in stopping the operation of tail lifts in case of emergency. The safety of tail lifts can be further enhanced by adding two-hand control devices, buzzers, and flashing lamps. Thus, the availability of safety devices is expected to augment the growth of the tail lift market during the forecast period.

The market appears to be fragmented and with the presence of several companies including Anteo, and Cargotec the competitive environment is quite intense. Factors such as the growing number of partnerships between vendors and other companies, will provide considerable growth opportunities to tail lift manufacturers.

Anteo, Cargotec, Dhollandia, Maxon lift, and Palfinger are some of the major companies covered in this report.

Market Trends

  • Availability of safety devices for tail lifts
  • Development of ergonomic exoskeletons for workers
  • Innovations in tail lifts

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Research Methodology

04: Market Landscape

05: Market Sizing

06: Five Forces Analysis

07: Market Segmentation By Product

08: Customer Landscape

09: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/382fg2/global_tail_lift?w=4