Stair Lift Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 158 SKU: IRTNTR70764

Stair Lift Market Forecast 2023-2027

The stair lift market is estimated to grow by USD 252.51 million declining at a Compound annual growth rate (CAGR) of 4.65% between 2022 and 2027.  Firstly, the growing prevalence of disabilities increases demand. Secondly, technological advances improve product efficiency and usability. Lastly, the rising number of healthcare facilities prompts higher adoption rates. These factors collectively drive market growth, catering to the needs of individuals seeking enhanced mobility solutions within their homes and healthcare settings.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market growth and forecasting report extensively covers market segmentation by type (straight and curved), end-user (residential, healthcare, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

By Type

The market share growth by the straight segment will be significant during the forecast period. Straight stair lifts provide a straight path from one level in a home to another and have a rail that can be customized to fit the length of the stairs. They are easy to install and use, which will drive the growth of the straight stair lift segment in the market during the forecast period.

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The straight segment showed a gradual increase in the market share of USD 478.02 million in 2017 and continued to grow by 2021. Straight stair lifts are more adaptable to homes designed with narrow entrances or walkways near the bottom landing. The chairs on most straight stair lifts are designed to rotate at the top of the stairs for a safe exit. Such features will drive the growth of the straight stair lift segment in the global stair lift market during the forecast period.

Regional Analysis

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North America is estimated to account for 41% of the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the market in the region will be driven by factors such as the rising prevalence of chronic diseases, the strong presence of key players, the growing awareness regarding safe patient handling, and high healthcare expenditure. Companies in the market are adopting various market strategies, such as M&A and partnerships with distributors to strengthen their market presence. For instance, in March 2021, Savaria Corp. completed its acquisition of Handicare Group AB to expand its footprint in North America. The prevalence of strict laws and regulations for safe and accessible housing in North America is also driving the growth of the regional market. 

Market Dynamics and Customer Landscape

 

The market experiences robust growth driven by various factors and technological innovations. With an aging population projected to hit 60 years by 2050, demand for mobility aids like wheelchairs and climbing canes escalates. Technological advancements have led to the development of outdoor, curved, and wheelchair-incorporated lifts, meeting diverse user needs. Sellers provide financing options to address the cost of stair lifts, appealing to user interests. Trend-setting technology, such as adjustable seats and folding steps, enhances safety and convenience. These features, along with regulatory compliance and Medicare/Medicaid support, ensure accessibility solutions for the elderly and disabled, driving market expansion.

The growing prevalence of disabilities is notably driving the market growth, although factors such as pricing risk in certain markets may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing prevalence of disabilities significantly propels the growth of the stair lift market. Rising incidents of ailments such as osteoarthritis, osteoporosis, and fractures among the elderly globally contribute to mobility-related impairments. Presently, approximately 15% of the global population faces some form of disability, with 2%-4% experiencing major functional limitations. Consequently, the escalating prevalence of mobility-related disabilities drives the demand for stair lifts.

Furthermore, advancements in healthcare technologies and accessible treatment options have extended life expectancy, resulting in a surge in the geriatric population. According to the United Nations, in 2021, there were over 747 million individuals aged 65 years or above worldwide. This demographic is more susceptible to conditions like arthritis and osteoporosis, increasing the likelihood of falls and spinal cord injuries. These factors are anticipated to further fuel the growth of the global stair lift market during the forecast period.

Significant Market Trend

Growing investment in developing countries is a key trend in the market. In developing countries, there are very few opportunities for new stair lifts in residential applications. However, improvements in healthcare infrastructure in countries such as India, China, Indonesia, Brazil, and Argentina are expected to increase the adoption of stair lifts in hospitals, ambulatory surgery centers, and other healthcare facilities.

The outbreak of the COVID-19 pandemic resulted in a shortage of medical services and capabilities. Therefore, the government made plans to accelerate investments in the healthcare industry. For instance, in January 2020, the National Development and Reform Commission of China invested over USD 40 million in the construction of new healthcare facilities in Wuhan. The construction of new healthcare facilities, such as hospitals, will create new opportunities for the installation of new stair lifts. This, in turn, will fuel the growth of the global market growth and trends during the forecast period.

Major Market Challenge

Pricing risk in certain markets may impede the market growth. The prices of stair lift products and services may change frequently in certain markets. These variations are generally caused by several factors, such as short-term variations in demand, a shortage or surplus supply of products, uncertainty in local economic conditions, import-related regulations, and increased competition.

A quick reduction in demand can lead to overcapacity, which may lead to further pressure on prices. Thus, the high cost of stair lift products and services limits their adoption. Apart from the equipment cost, end-users need to spend additional capital on installation, maintenance, and purchase of related accessories. Moreover, the motors for operating these lifts must be replaced every 10 years. The average cost of lifting motors ranges between USD 2,400 and USD 4,000. Therefore, many end-users are reluctant to purchase stair lifts due to budget constraints. All these factors are expected to limit the growth of the market during the forecast period.

Customer Landscape

The market trends and analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Stair Lift Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Electra Taamal - The company offers stair lifts for home and office purposes.

The market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market Companies, including:

  • Acorn Stairlifts Inc.
  • Bruno Independent Living Aids Inc.
  • Gruppo Millepiani S.p.a
  • Harmar Mobility LLC
  • HIRO LIFT Hillenkotter and Ronsieck GmbH
  • Lehner Lifttechnik GmbH
  • Lifeway Mobility
  • Otolift Stairlifts Ltd.
  • Platinum Stairlifts Ltd.
  • Prism UK Medical Ltd.
  • Qingdao Sinofirst Machinery Co. Ltd.
  • Savaria Corp.
  • Secom Co. Ltd.
  • Stannah Group of Co.
  • SUGIYASU Co. Ltd.
  • Symax Lift Holding Co. Ltd.
  • TK Elevator GmbH

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The stair lift market presents a dynamic landscape, driven by an array of factors and technological advancements. As mobility aids, including wheelchairs and climbing canes, continue to evolve, stair lifts incorporate trend-setting technology like adjustable seats and flip-up rails to meet user interest. With an aging population and increasing musculoskeletal problems, the demand for customized curved designs and post-sale services surges. Residential and homecare segments witness significant growth, with rising concerns over safety challenges and accessibility solutions. Moreover, governmental support through initiatives like Medicare and Medicaid fuels market expansion, catering to the needs of disabled and elderly individuals striving to age in place amidst mobility challenges, ensuring safety and independence within their homes.

Outdoor lifts, including curved and wheelchair-incorporated varieties, cater to diverse needs, expanding the market's scope. Sellers offer financing options to facilitate accessibility solutions for the aging population and disabled individuals. Advanced features such as folding steps and battery isolation switches enhance safety and convenience. Call stations, speed regulators, and stop sensors ensure smooth operation, crucial in healthcare facilities where patient transportation demands reliability, especially during power shutdowns. Compliance with regulations like the Disability Discrimination Act (DDA) 2005 is imperative, particularly in healthcare settings, whether private or public NHS hospitals. With projections indicating a substantial increase in the elderly and disabled population by 2050, stakeholders must address mobility challenges effectively, providing reliable stair lift solutions and comprehensive post-sale services, ensuring safe and accessible environments for all.

Segment Overview

The market research report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

  • Type Outlook 
    • Straight
    • Curved
  • End-user Outlook 
    • Residential
    • Healthcare
    • Others
  • Region Outlook 
    • North America
      • The US
      • Canada
    • Europe
      • The UK
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East and Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Stair Lift Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Decelerate at a CAGR of 4.65%

Market growth 2023-2027

USD 252.51 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.1

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 41%

Key countries

US, Canada, Japan, UK, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Acorn Stairlifts Inc., Bruno Independent Living Aids Inc., Electra Taamal, Gruppo Millepiani S.p.a, Harmar Mobility LLC, HIRO LIFT Hillenkotter and Ronsieck GmbH, Lehner Lifttechnik GmbH, Lifeway Mobility, Otolift Stairlifts Ltd., Platinum Stairlifts Ltd., Prism UK Medical Ltd., Qingdao Sinofirst Machinery Co. Ltd., Savaria Corp., Secom Co. Ltd., Stannah Group of Co., SUGIYASU Co. Ltd., Symax Lift Holding Co. Ltd., and TK Elevator GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the stair lift market between 2023 and 2027
  • Precise estimation of the size of the stair lift market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about Companies
  • Comprehensive analysis of factors that will challenge the growth of stair lift market Companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global stair lift market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global stair lift market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Straight - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Straight - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Straight - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Straight - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Straight - Year-over-year growth 2022-2027 (%)
    • 6.4 Curved - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Curved - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Curved - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Curved - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Curved - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 45: Chart on Comparison by End-user
      • Exhibit 46: Data Table on Comparison by End-user
    • 7.3 Residential - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.4 Healthcare - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Acorn Stairlifts Inc.
              • Exhibit 112: Acorn Stairlifts Inc. - Overview
              • Exhibit 113: Acorn Stairlifts Inc. - Product / Service
              • Exhibit 114: Acorn Stairlifts Inc. - Key offerings
            • 12.4 Bruno Independent Living Aids Inc.
              • Exhibit 115: Bruno Independent Living Aids Inc. - Overview
              • Exhibit 116: Bruno Independent Living Aids Inc. - Product / Service
              • Exhibit 117: Bruno Independent Living Aids Inc. - Key offerings
            • 12.5 Electra Taamal
              • Exhibit 118: Electra Taamal - Overview
              • Exhibit 119: Electra Taamal - Product / Service
              • Exhibit 120: Electra Taamal - Key offerings
            • 12.6 Harmar Mobility LLC
              • Exhibit 121: Harmar Mobility LLC - Overview
              • Exhibit 122: Harmar Mobility LLC - Product / Service
              • Exhibit 123: Harmar Mobility LLC - Key offerings
            • 12.7 HIRO LIFT Hillenkotter and Ronsieck GmbH
              • Exhibit 124: HIRO LIFT Hillenkotter and Ronsieck GmbH - Overview
              • Exhibit 125: HIRO LIFT Hillenkotter and Ronsieck GmbH - Product / Service
              • Exhibit 126: HIRO LIFT Hillenkotter and Ronsieck GmbH - Key offerings
            • 12.8 Lehner Lifttechnik GmbH
              • Exhibit 127: Lehner Lifttechnik GmbH - Overview
              • Exhibit 128: Lehner Lifttechnik GmbH - Product / Service
              • Exhibit 129: Lehner Lifttechnik GmbH - Key offerings
            • 12.9 Otolift Stairlifts Ltd.
              • Exhibit 130: Otolift Stairlifts Ltd. - Overview
              • Exhibit 131: Otolift Stairlifts Ltd. - Product / Service
              • Exhibit 132: Otolift Stairlifts Ltd. - Key offerings
            • 12.10 Platinum Stairlifts Ltd.
              • Exhibit 133: Platinum Stairlifts Ltd. - Overview
              • Exhibit 134: Platinum Stairlifts Ltd. - Product / Service
              • Exhibit 135: Platinum Stairlifts Ltd. - Key offerings
            • 12.11 Prism UK Medical Ltd.
              • Exhibit 136: Prism UK Medical Ltd. - Overview
              • Exhibit 137: Prism UK Medical Ltd. - Product / Service
              • Exhibit 138: Prism UK Medical Ltd. - Key offerings
            • 12.12 Qingdao Sinofirst Machinery Co. Ltd.
              • Exhibit 139: Qingdao Sinofirst Machinery Co. Ltd. - Overview
              • Exhibit 140: Qingdao Sinofirst Machinery Co. Ltd. - Product / Service
              • Exhibit 141: Qingdao Sinofirst Machinery Co. Ltd. - Key offerings
            • 12.13 Savaria Corp.
              • Exhibit 142: Savaria Corp. - Overview
              • Exhibit 143: Savaria Corp. - Business segments
              • Exhibit 144: Savaria Corp. - Key offerings
              • Exhibit 145: Savaria Corp. - Segment focus
            • 12.14 Secom Co. Ltd.
              • Exhibit 146: Secom Co. Ltd. - Overview
              • Exhibit 147: Secom Co. Ltd. - Business segments
              • Exhibit 148: Secom Co. Ltd. - Key offerings
              • Exhibit 149: Secom Co. Ltd. - Segment focus
            • 12.15 Stannah Group of Co.
              • Exhibit 150: Stannah Group of Co. - Overview
              • Exhibit 151: Stannah Group of Co. - Product / Service
              • Exhibit 152: Stannah Group of Co. - Key offerings
            • 12.16 SUGIYASU Co. Ltd.
              • Exhibit 153: SUGIYASU Co. Ltd. - Overview
              • Exhibit 154: SUGIYASU Co. Ltd. - Product / Service
              • Exhibit 155: SUGIYASU Co. Ltd. - Key offerings
            • 12.17 Symax Lift Holding Co. Ltd.
              • Exhibit 156: Symax Lift Holding Co. Ltd. - Overview
              • Exhibit 157: Symax Lift Holding Co. Ltd. - Product / Service
              • Exhibit 158: Symax Lift Holding Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 159: Inclusions checklist
                • Exhibit 160: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 161: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 162: Research methodology
                • Exhibit 163: Validation techniques employed for market sizing
                • Exhibit 164: Information sources
              • 13.5 List of abbreviations
                • Exhibit 165: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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