Telescopic ramps are specialized equipment that provide mobility assistance for loading and unloading items from vehicles. They feature adjustable ramp sections that can be extended or retracted to accommodate various vehicle heights and floor levels. Telescopic ramps are commonly found in logistics warehouses, cargo areas of commercial vehicles, and distribution centers. Their key benefits include improved ergonomics, safety, and efficiency during transportation and material handling operations. The equipment helps prevent back injuries that often occur during lifting and lowering of goods. With the exponential growth of the e-commerce industry worldwide, there is increasing demand for telescopic ramps from delivery and courier service providers.
The global telescopic ramp market is estimated to be valued at US$ 746.9 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The rapidly growing e-commerce industry has led to a massive surge in parcel deliveries across residential and commercial locations. This has increased the workload and time pressure on delivery staff, raising concerns about safety and health. Telescopic ramps address these issues by facilitating effortless and injury-free loading/unloading of shipments. Their adjustable designs allow comfortable access to a wide range of vehicle heights and floor levels. Further, workplace safety regulations in several countries mandate the use of loading equipment like telescopic ramps. This is projected to fuel the demand from logistics companies. With rising standards of living, more people are buying goods online which is expected to boost e-commerce sales during the forecast period. This will subsequently drive the need for telescopic ramps among delivery fleets.
The telescopic ramp market is segmented into folding type and non-folding type. The folding type segment dominates the market and accounts for nearly 65% share owing to its foldable design which makes it highly space saving. It can be folded and stored conveniently when not in use.
Political: The ramp regulations and standards set by government and regulatory bodies aim to ensure safety, accessibility and compliance. This influences ramp design and features.
Economic: A stable economy favors infrastructure development and commercial construction sector growth driving demand for telescopic ramps from industries. Inflation rate fluctuations impact input costs.
Social: Ageing population and rising disability rates increase focus on accessibility and inclusion features. This expands telescopic ramp usage across public places, businesses and homes.
Technological: Advancements in lightweight materials and actuator mechanisms enhance ramp mobility, durability and ease of operation. Motorized ramps integrate with automation systems for added convenience.
The Global Telescopic Ramp Market Size is expected to witness high growth. The global telescopic ramp market is estimated to be valued at US$ 746.9 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030.
The North American region dominates the market and accounts for over 35% share owing to stringent accessibility standards and presence of key players. The folding type segment accounts for around 65% of the overall market share due to its space saving design. Countries like the US, Canada, UK, Germany, China, and Japan are major markets. Key players DanDry and Bry-Air have wide product portfolio and global presence. Technological advancements focus on developing innovative materials and automated functionality for enhanced user experience. The market is anticipated to grow further driven by industry expansion, infrastructure growth, and rising health and safety awareness.
Key players operating in the telescopic ramp market are DanDry, Bry-Air, Drymate, DehuTech AB, and Aprilaire.
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it