Global Automotive Jacks Market is expected to reach US$ 14.30 Bn at a CAGR of 6% during the forecast period 2029.Global Automotive Jacks Market Introduction
Automotive jacks are mechanical tools used in a variety of industries for elevating, positioning, or modifying vehicles and vehicle components. This mechanism, which is normally included with automobiles, is used to lift the vehicle by applying physical pressure. Tyre rotation, seasonal tyre changes, changing flat tyres, inspecting a vehicle for damage, and repairing or maintaining different parts of a vehicle are all applications for automotive jacks. The load type, pump input needed for elevating, and weight capacity are all factors to consider when choosing an automotive jack.To know about the Research Methodology :- Request Free Sample Report
Global Automotive Jacks Market Dynamics
Transportation is a key feature of today's developed world, where vehicle repair and servicing are critical to its efficient operation. As a result, the automotive industry is expected to generate significant demand for these tools, propelling the global automotive jacks market. Consumer disposable income growth and the expansion of the automotive industry are two major factors expected to fuel the global automotive market in the coming years. The demand for automotive jacks is expected to rise as automotive maintenance activities increase. The global automotive jacks market is being boosted by rising automation in the automotive industry. Lifting loads with a minimum of effort is possible with automotive jacks. This is a significant factor that is expected to drive the global economy in the coming years. In addition, to minimize operational costs, automotive jack manufacturers are incorporating emerging technologies and implementing renewable operating methods, such as remote control of activities for automotive jacks. In the coming years, this factor is expected to open up new opportunities for the global market. Many industry leaders, including OEMs and skilled automotive jacks’ manufacturers, are concentrating on R&D activities to develop reliable and technologically advanced products to meet customer demands. In the forecasted period, these increased R&D activities in the field of automotive Jacks are expected to boost demand for automotive Jacks.Segment Analysis:
The global bottle jack segment is primarily driven by its excellent operable features such as easy to use, portable, and less space required for traveling as compared to the floor jack. The demand for bottle jacks is likely to be driven by the growing number of bridges being built across the world. The demand for the bottle jack market is expected to grow by the increasing demand for infrastructure base maintenance, as bottle jack provides support to the foundation. In addition, the demand for bottle jacks is driven by the developed countries' substantial investments in infrastructure and the manufacturing sector. Because of its developed industrialization, North America is projected to have a significant market share of xx% in the bottle jack segment. Demand for bottle jacks is likely to be driven by the growth of several sea ports in the Middle East and Africa region. Automakers (OEMs) are turning their attention to electric vehicles as a result of consistent technical advances and the introduction of strict emission norms. When the number of construction and e-commerce projects grew, so did the demand for material transportation, which led to a rise in commercial vehicle sales around the world. From 2019 to 2026, the heavy truck segment is expected to grow at a moderate pace. In 2019, the LCVs segment accounted for more than xx% of total market sales, with a CAGR of xx% predicted over the forecast period. This growth can be attributed to the vehicles' versatile design, which allows them to be adapted and used for both passenger and cargo transportation.Regional Insights:
Due to the region's growing industrialization and technological advances, South Asia and East Asia are expected to see a significant increase in demand as well as an increase in vehicle production. Automotive jacks are widely used for passenger and commercial vehicle repair and service. The rising number of maintenance activities is expected to increase the use of automotive jacks, propelling the global automotive jacks’ market share forward. Several countries in this region of the world have poor road infrastructure, which has an effect on vehicle efficiency. The surging rate of vehicle breakdowns is hence anticipated to aid in the growth of the market in this region. Because of the complete growth and mechanization of the manufacturing, North America dominates the global automotive jacks industry. Because of the high demand for automotive jacks in the United States, the country holds a significant market share in North America. Europe, on the other hand, is expected to account for the second-largest market share due to the presence of numerous major automotive brands and manufacturers in the country, which is expected to boost the market outlook.Global Automotive Jacks Market Report Scope: Inquire before buying
Automotive Jacks Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.51 Bn. Forecast Period 2023 to 2029 CAGR: 6 % Market Size in 2029: US $ 14.30 Bn. Segments Covered: by Type Floor Jacks Scissor Jacks Hydraulic Bottle Jacks Hi-Lift Jacks High Tonnage Jacks Forklift Jacks by Pump Type Manual Pneumatic Electric Hydraulic by Vehicle Type Passenger Car Light Commercial Vehicle Heavy Commercial Vehicle Industrial Vehicle Global Automotive Jacks Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Global Automotive Jacks Market Key Players
1. American Forge & Foundry 2. Argo Manufacturing 3. AUTO MOTIVE INDUSTRIAL a.s. 4. Autoline Industries Limited 5. B. K. Engineering Works 6. Barker Manufacturing 7. Blackhawk Automotive 8. ESCO 9. J&S Jacks LLC 10. Milwaukee Hydraulics 11. Norco Industries, Inc. 12. Norco Professional Lifting Equipment 13. Shinn Fu Company of America Inc. 14. US Jacks 15. Weaver Jacks Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Jacks Market? Ans: South Asia and East Asia region held the highest share in 2022. 2. What is the growth rate of Global Automotive Jacks Market? Ans: The Global Automotive Jacks Market is growing at a CAGR of 6 % during forecasting period 2023-2029. 3. What is scope of the Global Automotive Jacks Market report? Ans: Global Automotive Jacks Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Automotive Jacks Market size in 2022? Ans: The Global Automotive Jacks market was valued at US$ 9.51 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Automotive Jacks Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automotive Jacks Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automotive Jacks Market 3.4. Geographical Snapshot of the Automotive Jacks Market, By Manufacturer share 4. Global Automotive Jacks Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Jacks Market 5. Supply Side and Demand Side Indicators 6. Global Automotive Jacks Market Analysis and Forecast, 2022-2029 6.1. Global Automotive Jacks Market Size & Y-o-Y Growth Analysis. 7. Global Automotive Jacks Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Floor Jacks 7.1.2. Scissor Jacks 7.1.3. Hydraulic Bottle Jacks 7.1.4. Hi-Lift Jacks 7.1.5. High Tonnage Jacks 7.1.6. Forklift Jacks 7.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 7.2.1. Manual 7.2.2. Pneumatic 7.2.3. Electric 7.2.4. Hydraulic 7.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.3.1. Passenger Car 7.3.2. Light Commercial Vehicle 7.3.3. Heavy Commercial Vehicle 7.3.4. Industrial Vehicle 8. Global Automotive Jacks Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automotive Jacks Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Floor Jacks 9.1.2. Scissor Jacks 9.1.3. Hydraulic Bottle Jacks 9.1.4. Hi-Lift Jacks 9.1.5. High Tonnage Jacks 9.1.6. Forklift Jacks 9.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 9.2.1. Manual 9.2.2. Pneumatic 9.2.3. Electric 9.2.4. Hydraulic 9.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.3.1. Passenger Car 9.3.2. Light Commercial Vehicle 9.3.3. Heavy Commercial Vehicle 9.3.4. Industrial Vehicle 10. North America Automotive Jacks Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automotive Jacks Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12. Canada Automotive Jacks Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13. Mexico Automotive Jacks Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14. Europe Automotive Jacks Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 15. Europe Automotive Jacks Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automotive Jacks Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17. France Automotive Jacks Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18. Germany Automotive Jacks Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19. Italy Automotive Jacks Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20. Spain Automotive Jacks Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21. Sweden Automotive Jacks Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22. CIS Countries Automotive Jacks Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23. Rest of Europe Automotive Jacks Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24. Asia Pacific Automotive Jacks Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 25. Asia Pacific Automotive Jacks Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automotive Jacks Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27. India Automotive Jacks Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28. Japan Automotive Jacks Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29. South Korea Automotive Jacks Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30. Australia Automotive Jacks Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31. ASEAN Automotive Jacks Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32. Rest of Asia Pacific Automotive Jacks Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33. Middle East Africa Automotive Jacks Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 34. Middle East Africa Automotive Jacks Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automotive Jacks Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36. GCC Countries Automotive Jacks Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37. Egypt Automotive Jacks Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38. Nigeria Automotive Jacks Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39. Rest of ME&A Automotive Jacks Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40. South America Automotive Jacks Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 41. South America Automotive Jacks Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automotive Jacks Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43. Argentina Automotive Jacks Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44. Rest of South America Automotive Jacks Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Pump Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automotive Jacks Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. American Forge & Foundry 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Argo Manufacturing 45.3.3. AUTO MOTIVE INDUSTRIAL a.s. 45.3.4. Autoline Industries Limited 45.3.5. B. K. Engineering Works 45.3.6. Barker Manufacturing 45.3.7. Blackhawk Automotive 45.3.8. ESCO 45.3.9. J&S Jacks LLC 45.3.10. Milwaukee Hydraulics 45.3.11. Norco Industries, Inc. 45.3.12. Norco Professional Lifting Equipment 45.3.13. Shinn Fu Company of America Inc. 45.3.14. US Jacks 45.3.15. Weaver Jacks Corporation 45.3.16. Other Key Players 46. Primary Key Insights