Wheel engaging auto lifts raise or lower the vehicle when the vehicle is driven onto the lift surface. These lifts are primarily classified into four post lifts or mobile columns.
Increase in the average age of vehicles is boosting the number of registered vehicles on the road. The large vehicle fleet under the scope of maintenance period is driving the wheel engaging auto wheels market. Garages are prompted to improve their vehicle handling work spaces owing to rising vehicle sales, thereby boosting the wheel engaging auto lifts market. Expansion of network of auto dealers and garages in urban areas facing a space crunch has necessitated the adoption of wheel engaging auto lifts in order to effectively optimize the floor space. Rising awareness among consumers regarding vehicle maintenance and increasing spending power of consumers are driving the wheel engaging auto lifts market. The wheel engaging auto lifts have gained popularity in several urban high-rises and parking lots, as they enable multi-level parking. Rising congestion in urban areas is expected to boost the demand for wheel engaging auto lifts.
The global wheel engaging auto lifts market can be segmented based on lift type, end-use application, and region. Based on lift type, the wheel engaging auto lifts market can be segregated into four post lift and mobile column. The mobile column lift consists of a set of two, four, or more individual columns. Each column has an electric power unit and are interconnected through wires or operate wireless. The mobile column wheel engaging auto lift is used for heavy duty vehicles such as trucks and buses and enables lifting of heavy vehicles that require more than four contact points. The mobile column segment mainly used for commercial vehicles is expected to gain market share with growing demand of commercial vehicles. The four post lift is a drive and park type of lift and does not require floor anchor. The four post lifts are sturdy and can support more weight than the conventional two post lifts. Therefore, the four post lift segment dominated the wheel engaging auto lifts market. It is expected to maintain its dominant position during the forecast period.
In terms of end-use application, the wheel engaging auto lifts market can be bifurcated into garage and auto-manufacturers. The garage segment is estimated to expand at a high growth due to the high rate of adoption of the wheel engaging auto lifts to improve profitability and improve vehicle handling capacity.
In terms of region, the global wheel engaging auto lifts market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America and Europe accounted for a substantial share of the global wheel engaging auto wheel market due to the presence of a high number of vehicle garages, dealers, and parking lots in these regions. Asia Pacific is expected to hold considerable share of the global market share by 2026 due to rising number of garages in the region.
Key players operating in the global wheel engaging auto lifts market are BendPak Inc., Challenger Lifts, Inc., Target Lifts International, PKS Lifts, Nussbaum Automotive Solutions, Vehicle Service Group, Stertil-Koni USA, and JL Industries, LLC.
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