The global automotive lift market is set to accelerate significantly, reaching a valuation of USD 4.9 billion by 2035, up from USD 3.2 billion in 2025, according to the latest market research report by Fact.MR. This growth, at a projected CAGR of 4.4%, is fueled by rising vehicle ownership, expanding EV infrastructure, and stricter global safety and emissions regulations.
Automotive lifts—essential for vehicle inspections, repairs, and underbody maintenance—are widely used in service garages, dealerships, and manufacturing units. With global vehicle counts crossing 600 million in major markets like the U.S. and China, the demand for reliable, efficient lifting solutions is on a steady rise.
EV Adoption Accelerates Demand for Advanced Lifts
The rise of electric vehicles (EVs), especially in Europe, China, and India, is a key catalyst for market growth. EVs like the Ford F-150 Lightning, which weigh significantly more due to battery packs, demand robust, EV-compatible and heavy-duty lifts. As EV adoption expands, especially under government schemes like India’s FAME II, workshops are rapidly upgrading to specialized lifting equipment.
Market Breakdown and Key Segments
- Product Type:
Two-post lifts lead the market due to affordability and compact design—ideal for urban garages.
Scissor lifts are also gaining traction in space-constrained service centers. - Lifting Capacity:
The 9000–12000 lbs segment dominates due to its versatility for SUVs, passenger vehicles, and light trucks.
The 12000–15000 lbs segment is rapidly growing, driven by fleet and medium-duty truck servicing. - End-Use:
Garages represent the largest end-user group, while automobile manufacturers increasingly invest in high-capacity lifts for quality checks and EV assembly.
Regional Highlights
- North America: With over 280 million registered vehicles and strict ALI safety standards, the U.S. leads in demand.
- Europe: The U.K. sees moderate growth (CAGR 2.4%) driven by LOLER/PUWER compliance and over 1.1 million EVs on roads by 2024.
- China: The market grows at 5.8% CAGR, supported by the “Made in China 2025” initiative and a vehicle base exceeding 325 million.
- India: Leads emerging markets with a 6.6% CAGR, driven by over 4 million annual vehicle sales and growing urban mobility needs.
Challenges and Opportunities
While the market outlook is positive, high upfront costs (with advanced lifts priced up to USD 7,000) and lack of skilled technicians remain major hurdles—especially in Southeast Asia and Latin America. Moreover, compliance with safety standards like CE marking in Europe and ALI/ETL in the U.S. raises operational complexity and cost.
Still, opportunities abound, especially in developing IoT-enabled, smart diagnostic lifts, and battery-powered, low-maintenance solutions tailored for small and mid-sized garages in high-growth markets.
Leading Players
Prominent manufacturers shaping the future of automotive lifts include:
BendPak Inc., Challenger Lift Inc., Rotary Lift (Dover Corp), Stertil-Koni, SUGIYASU Co. Ltd., Ravaglioli S.p.A, PEAK Corp, EAE Automotive, and Hunter Engineering.
Innovations such as BendPak’s 12AP-SRT two-post lift (launched January 2025) and Stertil-Koni’s Cab-Off Adapter (November 2024) reflect a growing focus on efficiency, technician safety, and EV-readiness.
