Stair Lift Market - Forecast(2021 - 2026)

The global Stair lift market is valued 988.2 in the year 2017 and is anticipated to grow at a CAGR of 7.11% during 2018-2023. Stair lift is segmented based on the type available straight lift and the curved lift. Straight lift revenue is dominating the market which is valued 608.0 in the year 2017 and the curved lift revenue is 380.2 in the year 2017. The demand of stair lift market is more in Europe which is 43% and followed by North America which is 31%.

What is Stair lift Market?

Stair lift is the mechanical device used by people to move up and down stairs. It is provided with a rail along the stairs by which the person can move. It is provided with a switch by which the person can operate and move. There are different lengths available in the rail by which the weight of the rail may even vary. The installation of stair lifts is also easy as they can be self-installed. This stair lifts are more comfortable and are easy to use. This is designed by considering the safety measures which gives an alarm if the person is not seated properly.


Market Research and Market Trends of Stair Lift market
  • Handicare is investing in the EnviSion photosurvey 3D tool which enables the user to visualize how the stairs are going to look after the installation of stair lift by incorporating images of their homes into the software.
  • Government is imposing strict rules across the globe to take up the initiatives to use stair lift in medical and other areas which would help aid disabled or old aged people who require them in case of health emergencies.
  • Microsoft augmented reality technology is being used to install stair lifts where people can see by using hololens where the customers can make chairs in the chair or rail color and add additional features. By using this hololens the company is able to measure the stair case faster than even before by which it is helping to spend more quality time to spend with the customers on discussing and visualizing about more options such as the rail color.


Stair lifts are also provided with a backup batteries to solve the issues with the backup batteries the machine sensors are connected to the UPS and a wireless connection through an IoT network detects the fault in the battery and send a notification to the customer through SMS or email allowing them to react quickly. 

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