/PRNewswire/ The automotive two-post lift market is expected to grow by USD 568.73 million from 2022 to 2027, progressing at a CAGR of 9.08% as per the.
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NEW YORK, April 14, 2021 /PRNewswire/
Technavio has been monitoring the automotive two-post lift market and it is poised to grow by USD 1.26 billion during 2021-2025, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Automotive Two-post Lift Market by Vehicle Type and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive two-post lift market.