Global Side Shifters Market

Side Shifters Market Size, Share, Growth Analysis, By Product(Hydraulic side shifters, Mechanical side shifters, Electric side shifters, Manual side shifters), By End-User(Manufacturing, Construction, Logistics, and others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2163 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 66 | Figures: 75

Side Shifters Market Regional Insights

North America dominated the global side shifters market. With a developed market for material handling equipment, North America has a well-established material handling sector. The region has a sizable manufacturing sector, and many sectors, including the automotive, food and beverage, and pharmaceutical industries, call for sophisticated material handling tools like side shifters. The economy of North America is sizable, with the United States having the biggest economy in the continent. The region needs cutting-edge material handling machinery to serve its industry because of its expanding population. As a result, there is a considerable need for side shifters in the area.

The side shifters market in North America is dominated by a number of well-known companies, including Kaup North America, Bolzoni Auramo Inc., and Cascade Corporation. These businesses dominate the market and offer top-notch, cutting-edge material handling equipment to satisfy the expanding need in the area. The governments of North America actively foster the expansion of the industrial sector through a number of policies and programs. This has made the situation favorable for the side shifters market to expand in the area.

The Asia-Pacific region is the fastest-growing region in the global side shifter market. The Asia-Pacific region has a sizable and expanding manufacturing sector, which is fueled by factors including e-commerce expansion, urbanization, and population increase. As a result, the demand for material handling tools, such as side shifters, to serve the manufacturing and logistics industries is rising. The Asia-Pacific region's e-commerce market is expanding quickly due to reasons like rising internet usage and the popularity of mobile devices. As a result, there is a greater demand for side shifters and a need for safer and more effective material handling procedures.

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Side Shifters Market size was valued at USD 305.45 billion in 2022 and is expected to grow from USD 332.02 billion in 2023 to USD 647.15 billion by 2031, at a CAGR of 8.7% during the forecast period (2024-2031).

The side shifters market is fiercely competitive, with numerous significant competitors vying for market dominance. Among others, Cascade Corporation, Bolzoni Auramo Inc., Kaup GmbH & Co. KG, KOOI-REACHFORKS, Svetruck, and Meyer Industries are some of the market's major participants. These businesses provide a selection of side shifters, including mechanical and hydraulic variants as well as specialized side shifters for certain uses. Some of the prominent players in the side shifters market include: 'Cascade Corporation', 'Kaup GmbH & Co. KG', 'Bolzoni Auramo Inc.', 'KOOI-REACHFORKS', 'Arrow Material Handling Products', 'Ravas Europe BV', 'Svetruck', 'Meyer Industries', 'Long Reach Attachments', 'CAM System Srl', 'AUSA Center S.L.', 'Rightline', 'Mouvex S.A.', 'Sideshift Inc.', 'EKKO Material Handling Equipment', 'Frontline Attachments', 'Durwen Maschinenbau GmbH', 'Logan Fork Lift Attachments', 'Liftomatic Material Handling, Inc.', 'Tusk Attachments'

By removing the need for forklift operators to perform unsafe maneuvers, side shifters can contribute to improving the efficiency and safety of material handling procedures. Additionally, they make it possible for operators to transfer loads more quickly and precisely, which can assist lower the chance of accidents and injuries at work.

The growing use of automation and robotics in material handling operations will impact the side shifters market in the upcoming years. The demand for innovative material handling equipment, like side shifters, is anticipated to rise as more businesses try to automate their warehouses and distribution centers. In addition, the rise of Industry 4.0 and the Internet of Things (IoT) is anticipated to result in the development of side shifters that are more intelligent and networked and can interact with other systems and equipment in the warehouse.

North America dominated the side shifters market. With a developed market for material handling equipment, North America has a well-established material handling sector. The region has a sizable manufacturing sector, and many sectors, including the automotive, food and beverage, and pharmaceutical industries, call for sophisticated material handling tools like side shifters. The economy of North America is sizable, with the United States having the biggest economy in the continent. The region needs cutting-edge material handling machinery to serve its industry because of its expanding population. As a result, there is a considerable need for side shifters in the area.

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Global Side Shifters Market

Report ID: SQMIG20I2163

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