What is the global market size of the Side Shifters Market?

Global Side Shifters Market size was valued at USD 281 billion in 2021 and is expected to grow from USD 305.45 billion in 2022 to USD 595.35 billion by 2030, at a CAGR of 8.7% during the forecast period (2023-2030).

Who are the key vendors in the Global Side Shifters Market?

The global 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 global 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'

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

Q: Which region accounted for the largest share in the Global Side Shifters Market?

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.

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

Side Shifters Market News

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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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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

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What is the market size of Side Shifters Market?

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Which region accounted for the largest share in Side Shifters Market?

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