Level Loaders Market

Level Loaders Market Outlook (2022-2032)

The global level loaders market is set to surpass a market valuation of US$ 59 million in 2022 and further expand at a CAGR of 5.9% to reach US$ 105.3 million by the end of 2032.

Sales of level loaders accounted for around 1% of the global industrial lifting equipment market at the end of 2021.

Report Attributes	Details
Level Loaders Market Size (2021A)	US$ 57 Million
Estimated Market Value (2022E)	US$ 59.1 Million
Forecasted Market Value (2032F)	US$ 105.3 Million
Global Market Growth Rate (2022-2032)	5.9% CAGR
North America Market Share (2021)	~23.1%
East Asia Market Growth Rate (2022-2032)	~6.4% CAGR
United States Market Growth Rate (2022-2032)	~5.7% CAGR
Market Share of Top 5 Companies	~36.7%
Key Companies Profiled	Bishamon BackSafe Australia Global Industrial Kleton Lift Products Inc. Liftex Nu Lift PLK Lift Premier Handling Solutions Presto Lifts PS Lift Sidetracker engineering ltd Southworth Wesco

Sales Analysis of Level Loaders (2017-2021) Vs. Market Estimations (2022-2032)

Material handling, which involves moving, storing, and safeguarding goods, is only as efficient as the technology it employs. Additionally, each of the primary market segments of the industry, such as cranes, conveyors, and forklifts, has their market, technology, and capabilities.

End-use industries such as industrial & manufacturing, logistics & warehousing, and many others have crucial requirements concerning the manual handling of inventory. Specifically, for palletized goods, efficient operations and workplace safety must be accomplished by using the appropriate material handling equipment.

Level loaders, also known as pallet positioners, make the loading and unloading of pallets faster, safer, and easier. Since level loaders facilitate operations such as elevation, lowering, and rotation of goods, it allows for easier loading & unloading of goods with reduced time and manpower, resulting in optimized operational efficiency.

There are several types of level loaders, among which, spring level loaders have been a popular choice for many years due to their self-self-leveling on and other versatile features. The integration of electric lift into hydraulic and pneumatic pallet positioners as well as newly introduced roll-on level loaders are expected to replace conventional spring pallet positioners due to advanced mobility and safety features.

Demand for level loaders is expected to increase with the booming industrial & manufacturing sector, despite significant labor and supply chain challenges. The growing popularity of e-Commerce is generating opportunities in the logistics & warehousing sector, thus catering to the demand growth of level loaders.

• Short Term (2022 Q2 to 2025): Surging demand & supply challenges and booming e-Commerce to positively impact level loaders market growth.
• Medium Term (2025-2028): Improved automation systems enabling greater volume production at higher speeds in industries to contribute to increased sales of level loaders.
• Long Term (2028-2032): Integration of smarter digital technologies in material handling equipment resulting in increased productivity & efficiency to cater demand growth of level loaders in long term.

From 2017 to 2021, the global market for level loaders registered a CAGR of 1.3%, and according to this analysis by Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.9% CAGR through 2032.

Market sha analysis of level loaders based on application and region is provided in a nutshell in the above image. Under the application segment, industrial & manufacturing dominates with 28.8% market share in 2022.

Why is the Popularity of Level Loaders Rising at a Fast Pace?

“Benefits of Safety and Ease of Use for Material Handling”

In s majority of sectors, including warehousing, logistics, and transportation, where level loaders find most application, long shifts and heavy lifting are very common deals. Keeping workers comfortable, safe, and productive has become a major challenge, which made industries focus on ergonomic material handling equipment to ensure workplace safety and employees' wellbeing.

Level loaders increase productivity and efficiency by eliminating unproductive lifting, bending, stretching, and walking while loading or unloading pallets. The shifted focus towards the ergonomic development of material handling equipment would attract industries to implement a new generation of such equipment in the near future.

“Modern Technologies Help Cope with Logistical Challenges”

In parallel with the industry 4.0 revolution, end-use industries are adopting smarter technologies such as IoT and artificial intelligence to drive growth and long-term profitability. Investments in robots, cobots, and modern automation systems have boosted production capabilities and the ability to fulfil demand and supply challenges.

Despite the revolution, the logistics sector is dealing with severe workforce shortages in transportation, fragmented marketplaces, and low profitability. All such factors contribute to the demand for advanced material handling equipment in terms of efficiency, load capacity, and planning.

The versatility offered by level loaders regarding improved efficiency, reduced time and manpower, as well as safety is expected to drive their demand over the near term.

“Rise in Demand for Material Handling Equipment & Pallets”

Level loaders are primarily used to maneuver pallets. Industrial activities and manufacturing will continue to be the largest market for pallets.

The global pallets market was valued at US$ 60 billion in 2021 and is anticipated to reach US$ 122 million by 2032.

Hence, as the pallets and material handling equipment market is forecasted to grow steadily over the coming years, it is highly likely to generate parallel growth opportunities for level loader manufacturers.

What Should Level Loader Manufacturers Watch Out For?

“Varying Degrees of Automation and Growth of Logistics Sector”

Players in the industry cannot anticipate competence in material handling; the methods, tactics, and reliance on macro trends that were successful in the past are no longer sufficient. Manufacturers are finding it more challenging to adjust to various market trends.

New market sub-segments for automated guided vehicles (AGVs) and automated storage-and-retrieval systems (ASRS) have emerged as a result of the development of artificial intelligence (AI) and automation. Both of these sub-segments are expanding much more quickly than conventional ones, posing significant challenges for level loader manufacturers.

Country-wise Insights

Why is Demand for Level Loaders High in the United States?

The United States level loaders market is currently estimated at US$ 12.3 million and is expected to reach US$ 21.5 million by 2032.

The United States possesses one of the world's largest industrial & manufacturing, logistics & warehousing, as well as the food & beverage sector.

Level loaders have a very promising future in the United States due to increased production capabilities as a result of advanced manufacturing process implementations in the industry.

Why is East Asia the Focus of Attention for Level Loader Manufacturers?

East Asia holds 24.3% market share and the market is projected to rise at the rate of 6.4% during the forecast years of 2022-2032.

As a result of the huge expansion of various sectors in East Asia, such as industrial & manufacturing, logistics & warehousing, retail & consumer goods, etc., sales of level loaders are expected to increase rapidly over the coming years.

Demand is primarily driven by the established logistics & warehousing industry in the region. Hydraulic pallet positioners are gaining popularity in the Chinese market due to additional customizable accessories.

China holds a commanding position accounting for 66.2% of the East Asia level loaders market in 2021. The East Asia level loaders market is expected to reach a valuation of US$ 26.8 million by 2032.

Category-wise Insights

What is the Potential of Hydraulic & Pneumatic Level Loaders in Material Handling Equipment?

Key manufacturers are offering powered hydraulic level loaders equipped with a motor and external power source for larger load capacity and a greater range of heights. The utilization of hydraulic level loaders has increased consistently in the recent past, surpassing a market valuation of US$ 30.5 million in 2021.

For pneumatic level loaders, companies are offering two types of variants, i.e., automatic and powered pneumatic level loaders. In pneumatic level loaders, as boxes are added to or withdrawn from pallets, a heavy-duty airbag with a spring mechanically lowers or elevates the platform. In case of an accident, the spring supports an unloaded turntable, giving the airbag spring combination an almost linear reaction and adding a layer of safety.

Such increased safety features have prompted the use of pneumatic level loaders in the recent past, making it a popular type of level loader, with the segment valued at US$ 19.1 million in 2021.

Additionally, with the rise in the global industrial & manufacturing sector, the hydraulic and pneumatic sub-segments are predicted to expand 2X and 1.6X, respectively, by the end of 2032.

Which End Use of Level Loaders Accounts for Highest Application?

Under the end-use application segment, the level loaders market is segmented into industrial & manufacturing, food & beverages, chemicals & pharmaceuticals, logistics & warehousing, retail & consumer goods, and others.

Amongst them, the industrial & manufacturing industry dominated with 28.8% market share in 2021. In the industrial & manufacturing industry, level loaders are utilized at several stages of the logistics, transportation, and warehousing process.

Apart from this, level loader machines find usage in the logistics & warehousing industry, which holds 25.3% market share and is projected to expand at the rate of 7.3% CAGR during the forecast years of 2022-2032.

Competitive Landscape

Prominent level loader manufacturers are Bishamon, Global Industrial, Kleton, Lift Products Inc., Liftex, Nu Lift, PLK Lift, Premier Handling Solutions, Presto Lifts, PS Lift, SIDETRACKER ENGINEERING LTD, Southworth, and Wesco.

Leading manufacturers of level loader products are focused on developing ergonomic material handling equipment to optimize the efficiency and safety of the workspace.

Companies are focused on replacing traditional mechanical springs with captive air systems to provide a more controlled movement of platforms. Working with customers, manufacturers are identifying and addressing the specific needs of applications and tailoring customized solutions.

For instance :

• Bishamon has introduced a new design that allows capacity adjustment without changing air pressure in its EZ pneumatic type level loader, and also added an integral turntable top for enhanced ergonomics. Bishamon has been issued patents for its EZ loader design features.
• Backsafe Australia’s Sturgo brand is offering a level loader that can be customized with a range of accessories to make it ideal for use in a wide range of applications.

Fact.MR has provided detailed information about the price points of key manufacturers of level loaders positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Level Loaders Industry Research

• By Lift Mechanism :

  • Spring Actuated
  • Pneumatic Actuated
  • Hydraulic Actuated

• By Load Capacity :

  • Up to 2000 lbs.
  • 2000-4000 lbs.
  • Above 4000 lbs.

• By Raised Height :

  • Less than 28 Inches
  • 28-30 Inches
  • Above 30 Inches

• By Lift Mobility :

  • Automatic Lift
  • Electric Lift

• By End Use Application :

  • Industrial & Manufacturing
  • Food & Beverages
  • Chemicals & Pharmaceuticals
  • Logistics & Warehousing
  • Retail & Consumer Goods
  • Others

• By Sales Channel :

  • Online Sales
    • Company / Brand Websites
    • e-Commerce Websites
  • Offline Sales
    • Direct Sales
    • Specialty Stores
    • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA