Procurement Market Intelligence Report
Vehicle Lifts
Sourcing Guide & Market Intelligence
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Vehicle Lifts Global Overview
Definition
Summary
Vehicle lifts are used to raise vehicles for parking, storage, or maintenance. Vehicle lifts are used by commercial parking lots and shipyards, companies that store their own fleet of vehicles, and auto repair shops. Manufacturers and wholesalers are the primary distributors of vehicle lifts. Key buyers include vehicle maintenance service providers, parking service providers, and vehicle cleaning service providers.
This Report Includes:
- Hydraulic Vehicle Lifts
- Manual Vehicle Lifts
Not in this Report:
- Car Jacks
- Car Suspension Lift
Global Vehicle Lifts Procurement Trends
Discover the top international trends affecting procurement in the global Vehicle Lifts market.
Warning Trends
Tariffs to negatively impact the industrial manufacturing and processing machinery sector
- The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most leading US trade partners, are set to take effect on August 7, after the administration finalized the rates on August 1. As a result, leading sources of industrial equipment imports face significantly increased tariffs, including Canada (35.0%), China (54.0%), the European Union (15.0%), Japan (15.0%), Mexico (25.0%), and South Korea (15.0%).
- Additionally, the administration increased tariffs on aluminum and steel, common input materials for industrial machinery, to 50.0%, which is likely to increase input costs for suppliers operating inside the United States.
- China, Mexico, and Japan are three of the top sources of US machinery imports, accounting for about 50.0% of US imports in total. In addition to the increased costs from tariffs on these countries, the Japanese and Mexican machinery sectors could face increased financial risk as a large share of their revenue comes from US clients.
- According to the Association of Equipment Manufacturers, the increase in tariff rates on steel and aluminum in 2018 led to a 78.0% increase in domestic equipment production costs, a trend that may be repeated following the latest increases in steel and aluminum tariffs.
- Suppliers that source machinery or parts from tariff-affected countries may see supply chain disruptions or extended lead times as they seek alternative suppliers to mitigate tariff impacts. In addition, buyers seeking to rent industrial machinery will likely see higher rental rates as dealers pass on higher costs and possibly limited available units if supply chain issues occur.
United States announces new tariffs on all imported steel
- In February 2025, the United States announced 25.0% tariffs on all imported steel with no exemptions or exceptions. The tariffs took effect on March 12, 2025. On June 4th, these tariffs were increased further to 50%. These tariffs were not impacted by a recent court decision that temporarily suspended duties on certain goods as they were implemented under Section 232 of the Trade Expansion Act.
- Previously, countries such as Canada, Mexico, and Brazil, the top exporters of steel to the United States, had exemptions from tariffs. These have now been removed and all imported steel, regardless of origin, will be subject to the 50.0% tariff. However, on May 8th, the US announced an agreement with the United Kingdom to remove all levies on steel exported from the UK.
- When tariffs on steel imports were introduced in March 2018, they contributed to an increase in the price of steel and steel products. According to the Bureau of Labor Statistics, the price of steel-milled products increased by 10.2% in the year after the tariffs were implemented. This market heavily relies on steel as an input and may be impacted by this policy.
Global Vehicle Lifts Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 China | 1,105 |
| #2 Europe | 1,065 |
| #3 United States | 400 |
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2
Geography Drilldown - US
Average Cost of Vehicle Lifts
United States
2026 Market Pricing$177.00 to $XX,XXX.XX
per unitAverage Price
Prices in the Vehicle Lifts market range from $177.00 to $XX,XXX.XX, depending on Weight Capacity, Lifting Technology, Runway Dimensions and Maximum Lift Time. For example, lower prices are associated with 7,000 pounds or less ($177 to $9,500 per unit), whereas higher prices are associated with More than 7,000 pounds ($4,500 to $80,000 per unit).
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Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Vehicle Lifts Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Vehicle Lifts market, prices in the US have declined -2.6% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Vehicle Lifts
Total cost of ownership is Medium in the Vehicle Lifts market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Scope Changes may raise the total cost of ownership unexpectedly.
Negotiated Before
Installation
Billed During
Maintenance
Unforeseen
Scope Changes
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -0.4 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Recent Price Trend. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Iron & Steel Manufacturers
- Screw, Nut & Bolt Manufacturers
- Engine Manufacturers
2nd
Tier Suppliers
- Iron Ore Miners
- Aluminum Manufacturers
- Metalworking Machinery Manufacturers
Biggest Vehicle Lifts Suppliers in the US by Revenue
The largest Vehicle Lifts vendors by revenue in the US are Maha Maschinenbau Haldenwang GmbH & Co. KG, Stertil BV and Hunter Engineering Company. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Dover Corporation | International | DOWNERS GROVE, IL | >10,000 | 10-15 | ||||
| Maha Maschinenbau Haldenwang GmbH & Co. KG | International | Haldenwang, DE | 1,001-10,000 | 5-10 | ||||
| Stertil BV | Global | Kootstertille, NL | 101-250 | 5-10 | ||||
| Snap-On Inc. | Global | KENOSHA, WI | >10,000 | < 5 | ||||
| Hunter Engineering Company | Global | Bridgeton, MO | 1,001-10,000 | < 5 | ||||
| ARI Phoenix Inc. | National | Lebanon, OH | 101-250 | < 5 | ||||
| BendPak Inc. | National | Santa Paula, CA | 101-250 | < 5 | ||||
| Gray Manufacturing Company | National | MO | 101-250 | < 5 | ||||
| Mohawk Resources Ltd. | National | Amsterdam, NY | 101-250 | < 5 | ||||
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Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Vehicle Lifts market is 4.5% and falling. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Vendors face some supply chain risk due to the reliance on steel, which is a commodity regularly facing changes in demand due to external events like the conflict between Russia and Ukraine. Consequently, vendors pass on risk to buyers in the form of higher prices.
The average vendor in this market carries a moderate level of financial risk because manufacturing and distributing vehicle lifts require significant capital investments. As a result, vendors charge higher prices to mitigate risk.
Overall, the market is highly fragmented because of the commoditized nature of vehicle lifts and increased benefits from buying locally. Therefore, vendors experience less demand and lower their prices on vehicle lifts.
The United States is a net importer of vehicle lifts, enabling buyers to source these products from a wide range of foreign vendors.
Supplier Information
Dover Corporation
Dover Corporation is a public company operating internationally in the manufacturing and wholesale trade sectors. The company's offerings include lifting & hoisting equipment, vehicle lifts, commercial refrigerators & freezers, commercial fleet cameras, cooking & warming equipment. Founded in 1947, the company... Subscribe to learn more
Maha Maschinenbau Haldenwang GmbH & Co. KG
Maha Maschinenbau Haldenwang GmbH & Co. KG is a International operator providing Vehicle Lifts from their headquarters in Haldenwang, DE. This operator has a staff size of about 1,001-10,000 employees. According to ProcurementIQ estimates, Maha Maschinenbau Haldenwang GmbH & Co. KG holds 5-10% of market share... Subscribe to learn more
Stertil BV
Stertil BV is a Global operator providing Vehicle Lifts from their headquarters in Kootstertille, NL. This operator has a staff size of about 101-250 employees. According to ProcurementIQ estimates, Stertil BV holds 5-10% of market share... Subscribe to learn more
ARI Phoenix Inc.
ARI Phoenix Inc. is a private company operating nationally in the manufacturing sector. The company's offerings include vehicle lifts. Founded in 1988, the company is currently headquartered in Lebanon, Ohio, United States of America with an estimated 175 employees. Subscribe to learn more
BendPak Inc.
BendPak Inc. is a private company operating nationally in the manufacturing sector. The company's offerings include vehicle lifts. Founded in 1965, the company is currently headquartered in Santa Paula, California, United States of America with an estimated 175 employees. Subscribe to learn more
Gray Manufacturing Company
Gray Manufacturing Company is a private company operating nationally in the manufacturing sector. The company's offerings include vehicle lifts. Founded in 1952, the company is currently headquartered in Missouri, United States of America with an estimated 175 employees. Subscribe to learn more
Hunter Engineering Company
Hunter Engineering Company is a private company operating globally in the manufacturing sector. The company's offerings include vehicle lifts. Founded in 1946, the company is currently headquartered in Bridgeton, Missouri, United States of America with an estimated 5500 employees. Subscribe to learn more
Mohawk Resources Ltd.
Mohawk Resources Ltd. is a private company operating nationally in the manufacturing sector. The company's offerings include vehicle lifts. Founded in 1981, the company is currently headquartered in Amsterdam, New York, United States of America with an estimated 175 employees. Subscribe to learn more
Northern Tool & Equipment Co.
Northern Tool & Equipment Co. is a private company operating nationally in the manufacturing sector. The company's offerings include platform lifts, portable concrete mixers, welding machines, pallet trucks, industrial trucks. Founded in 1981, the company is currently headquartered in Burnsville, Minnesota,... Subscribe to learn more
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Procurement Management KPIs for the Vehicle Lifts Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Defect Density and On-Time Delivery (OTD). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Delivery and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Defect Density |
|
Number of units Number of defective units |
Defective units warrant repairs or replacements, which can cost buyers time before their lift is operational. Since vehicle lifts may need to be installed, so a defective unit would be a large problem for buyers, since it would need to be uninstalled. Defective units can cause injuries or death. |
| On-Time Delivery (OTD) |
|
Expected delivery date Actual delivery date |
|
|
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Quality Control
Are your quality control procedures more computer or labor-based? How does that give your quality control procedures an advantage?
How often do you check for quality? Is this done by the number of products you produce or by a certain schedule?
Customer Service
What is the best method for contacting you? Does this differ based upon the issue?
What is the turnaround time for each method of communication that you have?
Experience and Expertise
How long have you operated in the market?
What experience do you have supplying lifts to my market? How would that benefit my operations?
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Vehicle Lifts RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their organizations and explain why they are seeking vehicle lifts.
Buyers need to give a description of the vehicles, including weights, that need lifting. This overview should give vendors enough information to quickly evaluate whether they can provide vehicle lifts that move the anticipated amount of weight efficiently enough.
Statement Of Need
Buyers must provide the intended application of the vehicle lifts and the number of units desired.
Buyers should state the specifications of the vehicle lifts required.
Project Budget
Buyers should explicitly state the amount of the contract award.
Buyers should explain when and how many payments will be made.
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We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
