Automotive Jacks Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Automotive jacks are lifting devices that lift cars partially or fully off the ground for repairs to be made or tires to be changed. They are also called car jacks and they all do the same work but in different ways.
Automotive jacks function based on two systems; hydraulic system and mechanical system. There are various types of automotive jacks; Scissors Jacks, Bottle Jacks, Floor Jacks, Highlift Jacks.
•Scissors Jacks - many vehicles come with one that is usually included with the spare tire. They are short enough to fit under any vehicle, are foldable and they require minimal maintenance.
•Bottle Jacks - are the most common and most versatile. They can be used for different purposes and they can lift any vehicle.
•Floor Jacks - they can operate while upright, are easy to position and operate as they can be rolled around, have low profile model for cars with minimal ground clearance, and are suitable for small and medium sized cars.
•Highlift Jacks - they can lift even the tallest of vehicles making them best for vehicles like trailers, they require more strength to use and have a simple but strong system.
Automotive jacks are used when changing or rotating car tyres and when inspecting vehicles for damage.
Automotive Jacks Market Growth and Trends
• The demand from transport vehicles exists in direct proportion to the amplification of automotive jacks market. Thus, a substantial growth in motor vehicle requirement anticipates enhancing the future scope of automotive jacks market.
• Automotive jacks find remarkable applications for lifting light and heavy motor vehicles upto a particular altitude.
• Furthermore, manufacturing companies employ automotive jacks in multiple motor vehicles like excavators and folklifts. The industrial forecast era fuels the propulsion of automotive jacks market across the world.
• Next, consumers investing in automobiles have substantial fluid and disposal incomes which make them effciciently procure their favorite vehicles.
• Mostly, automobiles require timely maintenace and repair for their proper and smooth functioning. As a paramount product for automotive monitoring, the demand for automotive jacks expects an upsurge in few years down the line.
• Moreover, construction vehicles too require a wide utility of automotive jacks.
• Finally, most of the automotive industries today integrate their machinery with advanced technological inputs. They also improvise new designs and features in their basic models.
• The industries are also adopting renewable sources of energy for the propulsion of cars and heavy vehicles. They do so to reduce their operational expenditure
Challenges to Automotive Jacks Market
Apart from key drivers, here are some predominating challenges which the automotive jacks market encounters here and now:
• Automotive jacks do not find relevant and advanced applications in offshore industries and setups.
Automotive Jacks Market Regional Analysis
Automotive jacks are mainly used for servicing commercial and passage vehicles. In the coming years, South Asia and East Asia regions are likely to witness an upsurge in the automotive jacks market as a result of the globalization and industrialization currently ongoing in the two regions. The growing need amongst millennial car owners to maintain their vehicles in top-notch condition will also boost this industry immensely. Given the poor road infrastructure in the Middle East, Africa, and South East Asia, the high demand for automotive jacks cannot be expected to slow down any time soon. The players that are dominating this market for now are Weaver Jacks Corporation, Autoline Industries Limited, American Forge & Foundry, Blackhwak Automotive, Shinn Fu Company of America, and Norco Professional lifting Equipment.
Automotive Jacks Market Share and Competition
Key companies operating in this industry are: American Forge & Foundry, Argo Manufacturing, AUTO MOTIVE INDUSTRIAL a.s., Autoline Industries Limited, B. K. Engineering Works, Barker Manufacturing, Blackhawk Automotive, ESCO, J&S Jacks LLC, Milwaukee Hydraulics, Norco Industries, Inc., Norco Professional Lifting Equipment, Shinn Fu Company of America Inc., US Jacks, and Weaver Jacks Corporation. Other industries in this domain that is growing at a high CAGR include Laboratory Jacks Market and Hydraulic Jacks Market.
Automotive Jacks Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Floor Jacks
• Scissor Jacks
• Hydraulic Bottle Jacks
• Hi-Lift Jacks
• High Tonnage Jacks
• Forklift Jacks
Pump Type Analysis (Revenue, USD Million, 2020 - 2027)
• Manual
• Pneumatic
• Electric
• Hydraulic
Vehicle Type Analysis (Revenue, USD Million, 2020 - 2027)
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Industrial Vehicle
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Automotive Jacks Market Companies
• American Forge & Foundry
• Argo Manufacturing
• AUTO MOTIVE INDUSTRIAL a.s.
• Autoline Industries Limited
• B. K. Engineering Works
• Barker Manufacturing
• Blackhawk Automotive
• ESCO
• J&S Jacks LLC
• Milwaukee Hydraulics
• Norco Industries, Inc.
• Norco Professional Lifting Equipment
• Shinn Fu Company of America Inc.
• US Jacks
• Weaver Jacks Corporation
Available Versions: -
United States Automotive Jacks Market Research Report
Europe Automotive Jacks Market Research Report
Asia Pacific Automotive Jacks Market Research Report
India Automotive Jacks Market Research Report
