The Brazilian underground continuous-action elevator market stood at $168M in 2024, surging by 13% against the previous year. Overall, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level of $187M. From 2023 to 2024, the growth of the market failed to regain momentum.

After eight years of growth, the Brazilian market for lifts, elevators, moving stairways and draglines decreased by -27% to $976M in 2024. In general, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs at $1.3B in 2023, and then reduced dramatically in the following year.

After three years of growth, the Brazilian pneumatic elevator market decreased by -75.1% to $31M in 2024. Over the period under review, consumption, however, posted a noticeable increase. As a result, consumption reached the peak level of $126M, and then shrank rapidly in the following year.

Access South America Elevator Guide Rail Industry Overview which includes South America country analysis of (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America), market split by Product Type, Application, Technology, Capacity, End User, Material

In 2023, overseas shipments of underground continuous-action elevators and conveyors increased by 12% to 29 units for the first time since 2020, thus ending a two-year declining trend.

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Electric Scissor Lift Market Size and Trends

The electric scissor lift market size is forecast to increase by USD 884.8 million, at a CAGR of 7% between 2023 and 2028. The market is experiencing significant growth due to the expansion of various industries, particularly in the construction sector and warehousing facilities. The demand for emission-free and efficient lifting solutions has fueled the market's growth. However, safety concerns related to lifts remain a challenge. To address these concerns, manufacturers are focusing on designing versatile and remote-controlled lifts. Additionally, data integration and automation are becoming essential features in lifts, with some companies exploring the development of autonomous lifts. Lightweight materials are also being used to enhance mobility and reduce the overall weight of these lifts. These trends are expected to shape the future of the market.

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The market is experiencing significant traction due to its increasing adoption in various industries, particularly in the infrastructure and construction sectors. These lifting platforms offer versatile designs and advanced technologies, making them essential tools for various applications. E-commerce, logistics, and courier services are leveraging lifts to optimize their warehouse operations. Online shoppers' growing demand for quick delivery and efficient order fulfillment has led to an increase in automation within warehousing facilities. Electric scissor lifts, with their remote control capabilities and data integration, enable seamless material handling and storage, enhancing overall productivity. Construction workers also rely on lifts for aerial work platforms (AWPs) to access hard-to-reach areas during construction activities. Hydraulic systems in these lifts provide stability and maneuverability, ensuring workplace safety regulations are met. Variable angle technology and tilt technology are two advanced features in lifts that cater to the evolving needs of the construction sector. These technologies offer flexibility and precision, making them indispensable for construction spending projects.

Moreover, electric scissor lifts are increasingly being used in renewable energy projects due to their eco-friendly nature. Their quiet operation and low carbon footprint make them an attractive choice for solar, wind, and hydroelectric power installations. Worker safety is a top priority in industries utilizing aerial work platforms. Electric scissor lifts offer a safe and efficient alternative to traditional methods, reducing the risk of accidents and ensuring compliance with safety regulations. Infrastructure development projects also benefit from lifts. Their versatility and ease of use make them a popular choice for bridge construction, roadwork, and utility installations. Equipment rental companies offer lifts as an affordable solution for businesses requiring occasional use. This rental model allows companies to save on capital expenditures while still gaining access to the benefits of these advanced lifting platforms.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

End-user

  Construction
  Commercial
  Manufacturing
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

    Brazil

By End-user Insights

The construction segment is estimated to witness significant growth during the forecast period. The construction industry holds the largest market share in the market due to the increasing number of projects and the adaptability of electric scissor lifts to dynamic construction environments. These lifts offer mobility and versatility, making them ideal for renovation and general contracting projects. Infrastructure investments, particularly in the Asia Pacific region, are expected to fuel the demand for electric scissor lifts in the coming years.

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The construction segment was valued at USD 641.00 million in 2018. Furthermore, the shift towards residential development projects is projected to drive the growth of the market. The implementation of Internet of Things (IoT) and Artificial Intelligence (AI) technologies in smart control panels is also expected to enhance the functionality and efficiency of electric scissor lifts. Equipment transport in indoor environments benefits significantly from the zero-emission feature of electric scissor lifts, reducing noise pollution and promoting a healthier work environment. Making infrastructure investments and embracing advanced technologies such as

The Brazilian market for bucket type continuous-action elevators and conveyors for goods or materials skyrocketed to $158M in 2024, rising by 56% against the previous year. Overall, consumption saw a buoyant expansion. Over the period under review, the market hit record highs in 2024 and is likely to continue growth in years to come.

Lift, elevator, stairway and dragline exports from Brazil declined notably to 3.2K units in 2023, with a decrease of -40.1% on 2022.

The Patient Lifting Equipment Market is Segmented by Product (Ceiling Lifts, Stair & Wheelchair Lifts, Mobile Lifts, Sit-To-Stand Lifts, Bath & Pool Lifts, Lifting Slings, and Accessories), End-User (Hospitals, Homecare Setting, and Other End-Users), and Geography (North America (United States, Canada, and Mexico), Europe ) Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), Middle East and Africa (GCC, South Africa, and the Rest of Middle East and Africa), and South America Brazil, Argentina, and Rest of South America)).The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

In 2023, pneumatic elevator imports into Brazil skyrocketed to 40K units, with an increase of 416% compared with 2022.

In 2023, the amount of bucket type continuous-action elevators and conveyors for goods or materials imported into Brazil contracted markedly to 853 units, waning by -88.3% against 2022 figures.

After three years of growth, purchases abroad of belt type continuous-action elevators and conveyors for goods or materials decreased by -28.2% to 4.8K units in 2023.

The Brazilian lift and hoist market dropped to $654M in 2024, which is down by -5.7% against the previous year. Overall, consumption recorded a noticeable slump. Over the period under review, the market attained the maximum level at $841M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

In 2024, the Brazilian market for belt type continuous-action elevators and conveyors for goods or materials decreased by -38.1% to $124M, falling for the second year in a row after two years of growth. Overall, consumption, however, recorded a prominent increase. Consumption of peaked at $238M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

The Brazilian teleferics and chair-lifts market dropped dramatically to $3.2M in 2024, which is down by -55.1% against the previous year. Overall, consumption showed a drastic downturn. As a result, consumption attained the peak level of $77M. From 2015 to 2024, the growth of the market failed to regain momentum.

In 2017, the amount of electrically operated lifts and skip hoists imported into Brazil stood at X units, dropping by -X% against the previous year. Overall, imports of electrically operated lifts and skip hoists continue to indicate an abrupt decline. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the imports of electrically operated lifts and skip hoists attained its maximum volume of X units.

In 2023, overseas shipments of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by -66.7% to 1 units, falling for the second consecutive year after two years of growth.

Statistics illustrates market overview of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in Brazil from 2007 to 2024.