Global Stairlift Market 2021-2026

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    GLOBAL STAIRLIFT MARKET

     

     INTRODUCTION

    A stair lift is a mechanical device that helps individuals with impairments go up and down stairs more easily. A rail is attached to the stair treads if the steps are suitably wide. The rail is used to support an item such as a chair or lifting platform. A person sits on the chair or platform and is carried up or down the stairway by the chair that travels along the rail. Stairlifts go by several names, including stairlifts, stair-lifts, chairlifts, and stair gliders. Contrary to popular belief, this chair lift is not the same as the type used by skiers. The word stair climber can apply to both stair lifts and workout equipment of the same name.

     

    infographic: Stairlift Market, Stairlift Market Size, Stairlift Market Trends, Stairlift Market Forecast, Stairlift Market Risks, Stairlift Market Report, Stairlift Market Share

     

    A staircase can make climbing of stairs for aged and physically handicapped a breezy affair. This led to the use of smart stair lift. This stair lift has a rail of 12 meters attached on one side of stair was and has a battery which gives continuous 24V DC current. This system though being most advanced costs up to0.3million along with maintenance for a period of six months and includes installation costs.

     

    Stairlifts come in a variety of styles and price ranges. The battery-operated device is frequently chosen by customers who reside in areas with regular power outages. As an added bonus, battery-operated devices are usually quieter than AC counterparts. A battery-powered stairlift is one that is powered by batteries. You must use an adapter to connect a battery charger to the stairlift in order to charge the battery. Parking units at the top and bottom of the rail usually results in charging.

     

    GLOBAL STAIRLIFT MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Industry veteran launches new mobility equipment supplier in Peterborough Anglian Lifts, based in Tesla Court Innovation Way, Lynch Wood, has been set up by industry veteran Phil Rice and offers stairlifts, wheelchair platform lifts, domestic elevators and other access and mobility equipment. Europe This would enhance better Adoption

     

    GLOBAL STAIRLIFT MARKET DYNAMICS

    Stairlifts are generally installed in the stair tread rather than against the wall. The weight of the rider and the unit is supported by mounting brackets that are generally mounted to every other step. For the most part, battery-operated stairlifts connect to a standard home outlet, which the installer may locate anywhere between the stairwell’s upper and lower landings, which is about six to seven feet away. The installation of a junction box and a dedicated outlet on the stairwell is required by some AC technology devices.

     

    For outdoor installations, most manufacturers include an external package. If you live in a region of North America where it rains or snows frequently, you may want to consider investing in a seat cover to keep the cushioned cushion dry. In addition, the need for a stairlift is primarily driven by the incapacity of elderly and disabled persons living in healthcare institutions to move securely, as professional carers cannot be expected to be present 24 hours per day. In addition, many seniors cannot afford the additional price of employing carers. Non-residential industries are growing as a result of this development.

     

    According to the CDC, as the US population becomes older, so will the number of people with doctor-diagnosed arthritis. More than 78.4 million individuals aged 18 and over will be diagnosed with arthritis by 2040, and 34.6 million would have activity restrictions, according to the study. Other industrialised nations throughout the world are likely to follow a similar path. The European area has a major part of the market because of reasons such as the increasing average age of the population, the concern of government agencies for the difficulties encountered by the elderly, and the reduced mobility of the people. Additionally, companies like EPSA are located in the area, ensuring that the products fulfil the needs of customers and comply with applicable rules.

     

    GLOBAL STAIRLIFT MARKET SEGMENTATION

     

    The Global Stairlift Market can be segmented into following categories for further analysis.

     

    By Internal Infrastructure Type

    • Straight Infrastructure
    • Curved Infrastructure

     

    By Application

    • Residential Application
    • Commercial Application
    • Industrial Application
    • Military Application
    • High-Capacity User Application

     

    By Internal Usage Type

    • Seated Usage
    • Standing Usage
    • Integrated Usage

     

    By Component of Installation Type

    • Internal Installation
    • External Installation

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL STAIRLIFT MARKET

    A stair lift is a motorised chair that moves up and down a stairwell. When it comes to going up and down stairs, safety should always be first and foremost. However, today’s high-quality lifts come equipped with a variety of features to help maximise comfort, ease-of-use, and aesthetic appeal, making them an attractive and cost-effective option for people with special stair-related needs. The movable chair-like mobility device connected to one side of stairways, the stair lift, enabling the elderly to enhance access between levels in their homes and many individuals with mobility issues to live independently through the internet of things.

     

    There has been recent technological development in the stairlift requirements, wherein the focus is on the development of an IOT based electro-mechanical system. The smart staircase can be operated through an android application built in MIT app inventor for locomotion over the stairs. A smart positioning of the sensor over the chair enables a person to automatically get access to this novel system.

     

    In order to build stair lifts where people can view using HoloLens where consumers may make seats in the colour of the chair or rail and add extra functions, augmented reality technology is being employed. It is possible for the firm to take staircase measurements faster than ever before thanks to the HoloLens. This means that the company can spend more time with clients discussing and visualising other choices, such as rail colour. This makes use of the most advanced levels of AR Technologies available within various corporate research requirements.

     

    COMPETITIVE LANDSCAPE

    Patient physical impairments prevent them from ascending steps, increasing the demand for interior stair lifts in medical facilities. Because of the simplicity and convenience they provide, they are expected to acquire appeal in business settings. In the residential sector, the application is projected to grow since it reduces blockage on stairways, allowing users to use the stairs and complete duties more quickly. Because they are so simple to install, straight rails are commonly used in the residential sector. Straight lifts are becoming popular among the elderly since they make it easy to access and depart.

     

    ThyssenKrupp AG has been one of the pioneers in lift mechanism and engineering development on a global scale. With the advent of requirements within the healthcare requirements of elderly population, it has focused on development of the advanced stairlifts. The S200 has been on the most recent development which focuses its operation on the monorail concept and patented Advanced Swivel and Levelling (ASL) Technology the chair and footrest rotate to the most optimal and safe position during the ride. The built-in call-device on the S200 allows the user to contact friends, family, and medical advisers. You may configure three phone numbers to make outgoing calls from, and all incoming calls can be answered even when the stairlift is in motion.

     

    Platinum Stairlifts has been a dedicated organisation working upon development of latest technology based stairlifts in the market. The latest Curve lift has a weight limit of 120kg (19 stone) which is retrofitted with Security key switch and Seat swivel lever with powered option available as required.  The  stairlift is integrated with an ERGO seat that has an additional availability of an Arm-mounted digital diagnostic display.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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