Automotive Jacks Market: Global Industrial Analysis and Forecast (2023-2029) (2024)

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 CoverageDetails
Base Year:2022Forecast Period:2023-2029
Historical Data:2018 to 2022Market 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 TypeFloor JacksScissor JacksHydraulic Bottle JacksHi-Lift JacksHigh Tonnage JacksForklift Jacks
by Pump TypeManualPneumaticElectricHydraulic
by Vehicle TypePassenger CarLight Commercial VehicleHeavy Commercial VehicleIndustrial 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 & Foundry2. Argo Manufacturing3. AUTO MOTIVE INDUSTRIAL a.s.4. Autoline Industries Limited5. B. K. Engineering Works6. Barker Manufacturing7. Blackhawk Automotive8. ESCO9. J&S Jacks LLC10. Milwaukee Hydraulics11. Norco Industries, Inc.12. Norco Professional Lifting Equipment13. Shinn Fu Company of America Inc.14. US Jacks15. Weaver Jacks CorporationFrequently 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. Preface1.1. Market Definition and Key Research Objectives1.2. Research Highlights2. Assumptions and Research Methodology2.1. Report Assumptions2.2. Abbreviations2.3. Research Methodology2.3.1. Secondary Research2.3.1.1. Secondary data2.3.1.2. Secondary Sources2.3.2. Primary Research2.3.2.1. Data from Primary Sources2.3.2.2. Breakdown of Primary Sources3. Executive Summary: Global Automotive Jacks Market Size, by Market Value (US$ Mn)3.1. Global Market Segmentation3.2. Global Market Segmentation Share Analysis,20223.2.1. Global3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)3.3. Geographical Snapshot of the Automotive Jacks Market3.4. Geographical Snapshot of the Automotive Jacks Market, By Manufacturer share4. Global Automotive Jacks Market Overview,2022-20294.1. Market Dynamics4.1.1. Drivers4.1.1.1. Global4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)4.1.2. Restraints4.1.2.1. Global4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)4.1.3. Opportunities4.1.3.1. Global4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)4.1.4. Challenges4.1.4.1. Global4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)4.1.5. Industry Trends and Emerging Technologies4.1.6. Porters Five Forces Analysis4.1.6.1. Threat of New Entrants4.1.6.2. Bargaining Power of Buyers/Consumers4.1.6.3. Bargaining Power of Suppliers4.1.6.4. Threat of Substitute Products4.1.6.5. Intensity of Competitive Rivalry4.1.7. Value Chain Analysis4.1.8. Technological Roadmap4.1.9. Regulatory landscape4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Jacks Market5. Supply Side and Demand Side Indicators6. Global Automotive Jacks Market Analysis and Forecast,2022-20296.1. Global Automotive Jacks Market Size & Y-o-Y Growth Analysis.7. Global Automotive Jacks Market Analysis and Forecasts,2022-20297.1. Market Size (Value) Estimates & Forecast By Type,2022-20297.1.1. Floor Jacks7.1.2. Scissor Jacks7.1.3. Hydraulic Bottle Jacks7.1.4. Hi-Lift Jacks7.1.5. High Tonnage Jacks7.1.6. Forklift Jacks7.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-20297.2.1. Manual7.2.2. Pneumatic7.2.3. Electric7.2.4. Hydraulic7.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-20297.3.1. Passenger Car7.3.2. Light Commercial Vehicle7.3.3. Heavy Commercial Vehicle7.3.4. Industrial Vehicle8. Global Automotive Jacks Market Analysis and Forecasts, By Region8.1. Market Size (Value) Estimates & Forecast By Region,2022-20298.1.1. North America8.1.2. Europe8.1.3. Asia-Pacific8.1.4. Middle East & Africa8.1.5. South America9. North America Automotive Jacks Market Analysis and Forecasts,2022-20299.1. Market Size (Value) Estimates & Forecast By Type,2022-20299.1.1. Floor Jacks9.1.2. Scissor Jacks9.1.3. Hydraulic Bottle Jacks9.1.4. Hi-Lift Jacks9.1.5. High Tonnage Jacks9.1.6. Forklift Jacks9.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-20299.2.1. Manual9.2.2. Pneumatic9.2.3. Electric9.2.4. Hydraulic9.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-20299.3.1. Passenger Car9.3.2. Light Commercial Vehicle9.3.3. Heavy Commercial Vehicle9.3.4. Industrial Vehicle10. North America Automotive Jacks Market Analysis and Forecasts, By Country10.1. Market Size (Value) Estimates & Forecast By Country,2022-202910.1.1. US10.1.2. Canada10.1.3. Mexico11. U.S. Automotive Jacks Market Analysis and Forecasts,2022-202911.1. Market Size (Value) Estimates & Forecast By Type,2022-202911.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202911.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202912. Canada Automotive Jacks Market Analysis and Forecasts,2022-202912.1. Market Size (Value) Estimates & Forecast By Type,2022-202912.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202912.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202913. Mexico Automotive Jacks Market Analysis and Forecasts,2022-202913.1. Market Size (Value) Estimates & Forecast By Type,2022-202913.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202913.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202914. Europe Automotive Jacks Market Analysis and Forecasts,2022-202914.1. Market Size (Value) Estimates & Forecast By Type,2022-202914.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202914.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202915. Europe Automotive Jacks Market Analysis and Forecasts, By Country15.1. Market Size (Value) Estimates & Forecast By Country,2022-202915.1.1. U.K15.1.2. France15.1.3. Germany15.1.4. Italy15.1.5. Spain15.1.6. Sweden15.1.7. CIS Countries15.1.8. Rest of Europe16. U.K. Automotive Jacks Market Analysis and Forecasts,2022-202916.1. Market Size (Value) Estimates & Forecast By Type,2022-202916.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202916.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202917. France Automotive Jacks Market Analysis and Forecasts,2022-202917.1. Market Size (Value) Estimates & Forecast By Type,2022-202917.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202917.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202918. Germany Automotive Jacks Market Analysis and Forecasts,2022-202918.1. Market Size (Value) Estimates & Forecast By Type,2022-202918.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202918.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202919. Italy Automotive Jacks Market Analysis and Forecasts,2022-202919.1. Market Size (Value) Estimates & Forecast By Type,2022-202919.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202919.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202920. Spain Automotive Jacks Market Analysis and Forecasts,2022-202920.1. Market Size (Value) Estimates & Forecast By Type,2022-202920.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202920.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202921. Sweden Automotive Jacks Market Analysis and Forecasts,2022-202921.1. Market Size (Value) Estimates & Forecast By Type,2022-202921.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202921.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202922. CIS Countries Automotive Jacks Market Analysis and Forecasts,2022-202922.1. Market Size (Value) Estimates & Forecast By Type,2022-202922.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202922.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202923. Rest of Europe Automotive Jacks Market Analysis and Forecasts,2022-202923.1. Market Size (Value) Estimates & Forecast By Type,2022-202923.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202923.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202924. Asia Pacific Automotive Jacks Market Analysis and Forecasts,2022-202924.1. Market Size (Value) Estimates & Forecast By Type,2022-202924.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202924.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202925. Asia Pacific Automotive Jacks Market Analysis and Forecasts, by Country25.1. Market Size (Value) Estimates & Forecast By Country,2022-202925.1.1. China25.1.2. India25.1.3. Japan25.1.4. South Korea25.1.5. Australia25.1.6. ASEAN25.1.7. Rest of Asia Pacific26. China Automotive Jacks Market Analysis and Forecasts,2022-202926.1. Market Size (Value) Estimates & Forecast By Type,2022-202926.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202926.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202927. India Automotive Jacks Market Analysis and Forecasts,2022-202927.1. Market Size (Value) Estimates & Forecast By Type,2022-202927.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202927.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202928. Japan Automotive Jacks Market Analysis and Forecasts,2022-202928.1. Market Size (Value) Estimates & Forecast By Type,2022-202928.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202928.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202929. South Korea Automotive Jacks Market Analysis and Forecasts,2022-202929.1. Market Size (Value) Estimates & Forecast By Type,2022-202929.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202929.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202930. Australia Automotive Jacks Market Analysis and Forecasts,2022-202930.1. Market Size (Value) Estimates & Forecast By Type,2022-202930.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202930.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202931. ASEAN Automotive Jacks Market Analysis and Forecasts,2022-202931.1. Market Size (Value) Estimates & Forecast By Type,2022-202931.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202931.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202932. Rest of Asia Pacific Automotive Jacks Market Analysis and Forecasts,2022-202932.1. Market Size (Value) Estimates & Forecast By Type,2022-202932.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202932.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202933. Middle East Africa Automotive Jacks Market Analysis and Forecasts,2022-202933.1. Market Size (Value) Estimates & Forecast By Type,2022-202933.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202933.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202934. Middle East Africa Automotive Jacks Market Analysis and Forecasts, by Country34.1. Market Size (Value) Estimates & Forecast by Country,2022-202934.1.1. South Africa34.1.2. GCC Countries34.1.3. Egypt34.1.4. Nigeria34.1.5. Rest of ME&A35. South Africa Automotive Jacks Market Analysis and Forecasts,2022-202935.1. Market Size (Value) Estimates & Forecast By Type,2022-202935.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202935.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202936. GCC Countries Automotive Jacks Market Analysis and Forecasts,2022-202936.1. Market Size (Value) Estimates & Forecast By Type,2022-202936.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202936.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202937. Egypt Automotive Jacks Market Analysis and Forecasts,2022-202937.1. Market Size (Value) Estimates & Forecast By Type,2022-202937.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202937.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202938. Nigeria Automotive Jacks Market Analysis and Forecasts,2022-202938.1. Market Size (Value) Estimates & Forecast By Type,2022-202938.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202938.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202939. Rest of ME&A Automotive Jacks Market Analysis and Forecasts,2022-202939.1. Market Size (Value) Estimates & Forecast By Type,2022-202939.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202939.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202940. South America Automotive Jacks Market Analysis and Forecasts,2022-202940.1. Market Size (Value) Estimates & Forecast By Type,2022-202940.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202940.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202941. South America Automotive Jacks Market Analysis and Forecasts, by Country41.1. Market Size (Value) Estimates & Forecast by Country,2022-202941.1.1. Brazil41.1.2. Argentina41.1.3. Rest of South America42. Brazil Automotive Jacks Market Analysis and Forecasts,2022-202942.1. Market Size (Value) Estimates & Forecast By Type,2022-202942.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202942.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202943. Argentina Automotive Jacks Market Analysis and Forecasts,2022-202943.1. Market Size (Value) Estimates & Forecast By Type,2022-202943.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202943.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202944. Rest of South America Automotive Jacks Market Analysis and Forecasts,2022-202944.1. Market Size (Value) Estimates & Forecast By Type,2022-202944.2. Market Size (Value) Estimates & Forecast By Pump Type,2022-202944.3. Market Size (Value) Estimates & Forecast By Vehicle Type,2022-202945. Competitive Landscape45.1. Geographic Footprint of Major Players in the Global Automotive Jacks Market45.2. Competition Matrix45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment45.2.2. New Product Launches and Product Enhancements45.2.3. Market Consolidation45.2.3.1. M&A by Regions, Investment and Verticals45.2.3.2. M&A, Forward Integration and BackwardIntegration45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements45.3. Company Profile : Key Players45.3.1. American Forge & Foundry45.3.1.1. Company Overview45.3.1.2. Financial Overview45.3.1.3. Geographic Footprint45.3.1.4. Product Portfolio45.3.1.5. Business Strategy45.3.1.6. Recent Developments45.3.2. Argo Manufacturing45.3.3. AUTO MOTIVE INDUSTRIAL a.s.45.3.4. Autoline Industries Limited45.3.5. B. K. Engineering Works45.3.6. Barker Manufacturing45.3.7. Blackhawk Automotive45.3.8. ESCO45.3.9. J&S Jacks LLC45.3.10. Milwaukee Hydraulics45.3.11. Norco Industries, Inc.45.3.12. Norco Professional Lifting Equipment45.3.13. Shinn Fu Company of America Inc.45.3.14. US Jacks45.3.15. Weaver Jacks Corporation45.3.16. Other Key Players46. Primary Key Insights

Automotive Jacks Market: Global Industrial Analysis and Forecast (2023-2029) (2024)
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