Vertical Platform Lifts (VPL) Market, Global Outlook and Forecast 2023-2029

Vertical Platform Lifts (VPLs) - often called a porch lifts or deck lifts - can be an economical way to provide wheelchair access to a home or commercial space such as a school, church or public building.
This report aims to provide a comprehensive presentation of the global market for Vertical Platform Lifts (VPL), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Platform Lifts (VPL). This report contains market size and forecasts of Vertical Platform Lifts (VPL) in global, including the following market information:
Global Vertical Platform Lifts (VPL) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vertical Platform Lifts (VPL) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Vertical Platform Lifts (VPL) companies in 2022 (%)
The global Vertical Platform Lifts (VPL) market was valued at US$ 1905.6 million in 2022 and is projected to reach US$ 2870.9 million by 2029, at a CAGR of 6.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global vertical platform lifts (VPL) main manufactuers include ThyssenKrupp Access, Savaria and Stannah, totally accounting for about 25% of the market. Europe is the largest market of vertical platform lifts, holding a share more than 40%. As for the types of products, it can be divided into less than or equal to 0.15 m/s, less than or equal to 0.3 m/s, less than or equal to 0.5 m/s and less than or equal to 0.75 m/s. The most common type is less than or equal to 0.15 m/s, with a share over 50%. As for the applications of  products, it is widely used in residential and commercial and public. The most common application is in residential, with a share about 64%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vertical Platform Lifts (VPL) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vertical Platform Lifts (VPL) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Platform Lifts (VPL) Market Segment Percentages, by Type, 2022 (%)
    Less Than or Equal to 0.15 m/s
    Less Than or Equal to 0.3 m/s
    Less Than or Equal to 0.5 m/s
    Less Than or Equal to 0.75 m/s
Global Vertical Platform Lifts (VPL) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Platform Lifts (VPL) Market Segment Percentages, by Application, 2022 (%)
    Residential
    Commercial and Public
Global Vertical Platform Lifts (VPL) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Vertical Platform Lifts (VPL) Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vertical Platform Lifts (VPL) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vertical Platform Lifts (VPL) revenues share in global market, 2022 (%)
Key companies Vertical Platform Lifts (VPL) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Vertical Platform Lifts (VPL) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ThyssenKrupp Access
    Savaria
    Stannah
    Cibes
    Mitsubishi
    Otis
    Fujitec
    Hitachi
    Aritco
    Orona
    Bruno
    Stiltz
    RAM Manufacturing
    Symmetry Elevator
    Terry Lifts
    Kone
    Goodgo
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vertical Platform Lifts (VPL), market overview.
Chapter 2: Global Vertical Platform Lifts (VPL) market size in revenue and volume.
Chapter 3: Detailed analysis of Vertical Platform Lifts (VPL) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vertical Platform Lifts (VPL) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vertical Platform Lifts (VPL) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.