Market Overview:
The global hydraulic lifting machinery jack market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hydraulic lifting machinery jacks in various end-use industries, such as shipyards, construction sites, automotive and others. Moreover, the growing awareness about safety measures and regulations has led to an increase in demand for hydraulic lifting machinery jacks across different regions. Based on type, the global hydraulic lifting machinery jack market is segmented into load capacity 50 t.
Product Definition:
A hydraulic lifting machine jack is a device that uses a liquid, typically oil, to create or increase pressure in order to lift heavy objects. This type of jack is often used in construction and automotive applications.
Load Capacity
Load Capacity 10-50 t:
The load capacity 10-50 t is a very common type of lifting machine used in the hydraulic lifting machinery market. It has a capacity between 10 to 50 tons and it's most commonly used for light duty applications like moving small buildings, cars, boats or RVs. The main advantage of this machine is that it can be lifted by one person with little to no effort which makes it an ideal choice for people who are not strong enough to lift heavy objects themselves.
Application Insights:
The shipyards application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for repairing, maintaining, and refitting ships as well as vessels that are currently laid up in drydocks.
The construction site application segment is expected to witness significant growth over the forecast period owing to an increase in infrastructure development projects across various regions including North America, Europe, Asia Pacific and Middle East & Africa. Increasing urbanization along with rising disposable income levels has resulted in increased residential & commercial building activities which will boost product demand accordingly during the estimated time span.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for hydraulic lifting machinery jack over the forecast period. The growth can be attributed to increasing demand from shipbuilding and offshore E&P activities in countries, such as China, India, South Korea, Japan and Indonesia. In addition, rising construction activities in emerging economies of Asia Pacific region are anticipated to fuel the product demand during the forecast period.
The Middle East & Africa is also likely to witness significant growth over the next eight years owing to growing oil & gas industry across countries including Saudi Arabia and UAE. Moreover, increasing government spending on infrastructure development projects in this region is further expected to drive market growth during the projected time frame.
North America was estimated as one of the largest markets for hydraulic lifting machinery jack with a revenue share of around 13% in 2017 owing high usage rates along with other regions such as Europe.
Growth Factors:
- Increasing demand for hydraulic lifting machinery jack in the construction and automotive industries due to its high performance and efficiency.
- Growing awareness about the benefits of using hydraulic lifting machinery jacks among consumers, which is expected to boost demand over the forecast period.
- Technological advancements in hydraulic lifting machinery jack design and features that offer better safety, performance, and reliability are likely to propel market growth.
- Rising investments by manufacturers in research & development activities to develop new products is anticipated to create opportunities for market growth over the next few years. 5) The increasing use of hydraulics as a power source across various applications is projected to fuel demand for hydraulic lifting machinery jacks in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Lifting Machinery Jack Market Research Report
By Type
Load Capacity <10 t, Load Capacity 10-50 t, Load Capacity >50 t
By Application
Shipyards, Construction Site, Automotive, Other
By Companies
SPX FLOW(Power Team), PowerJAC, Simplex, PremierJack, HTS Direct USA, Sun Run Chulun Sing Co.,Ltd, Gruniverpal, Enerpac, Osaka Jack, FluidPower Machines Private Limited, Pooja International, Columbus Mckinnon, Compac Hydraulik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Lifting Machinery Jack Market Report Segments:
The global Hydraulic Lifting Machinery Jack market is segmented on the basis of:
Types
Load Capacity <10 t, Load Capacity 10-50 t, Load Capacity >50 t
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shipyards, Construction Site, Automotive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SPX FLOW(Power Team)
- PowerJAC
- Simplex
- PremierJack
- HTS Direct USA
- Sun Run Chulun Sing Co.,Ltd
- Gruniverpal
- Enerpac
- Osaka Jack
- FluidPower Machines Private Limited
- Pooja International
- Columbus Mckinnon
- Compac Hydraulik
Highlights of The Hydraulic Lifting Machinery Jack Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Load Capacity <10 t
- Load Capacity 10-50 t
- Load Capacity >50 t
- By Application:
- Shipyards
- Construction Site
- Automotive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Lifting Machinery Jack Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydraulic Lifting Machinery Jack is a machine used to raise heavy objects by using hydraulic power.
Some of the major players in the hydraulic lifting machinery jack market are SPX FLOW(Power Team), PowerJAC, Simplex, PremierJack, HTS Direct USA, Sun Run Chulun Sing Co.,Ltd, Gruniverpal, Enerpac, Osaka Jack, FluidPower Machines Private Limited, Pooja International, Columbus Mckinnon, Compac Hydraulik.
The hydraulic lifting machinery jack market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Lifting Machinery Jack Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Lifting Machinery Jack Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Lifting Machinery Jack Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Lifting Machinery Jack Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Lifting Machinery Jack Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Lifting Machinery Jack Market Size and Y-o-Y Growth
4.5.2 Hydraulic Lifting Machinery Jack Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Lifting Machinery Jack Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydraulic Lifting Machinery Jack Market Size Forecast by Type
5.2.1 Load Capacity <10 t
5.2.2 Load Capacity 10-50 t
5.2.3 Load Capacity >50 t
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Lifting Machinery Jack Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
6.2.1 Shipyards
6.2.2 Construction Site
6.2.3 Automotive
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Lifting Machinery Jack Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Lifting Machinery Jack Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydraulic Lifting Machinery Jack Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Lifting Machinery Jack Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydraulic Lifting Machinery Jack Market Size Forecast by Type
9.6.1 Load Capacity <10 t
9.6.2 Load Capacity 10-50 t
9.6.3 Load Capacity >50 t
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
9.10.1 Shipyards
9.10.2 Construction Site
9.10.3 Automotive
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydraulic Lifting Machinery Jack Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Lifting Machinery Jack Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydraulic Lifting Machinery Jack Market Size Forecast by Type
10.6.1 Load Capacity <10 t
10.6.2 Load Capacity 10-50 t
10.6.3 Load Capacity >50 t
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
10.10.1 Shipyards
10.10.2 Construction Site
10.10.3 Automotive
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydraulic Lifting Machinery Jack Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Lifting Machinery Jack Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydraulic Lifting Machinery Jack Market Size Forecast by Type
11.6.1 Load Capacity <10 t
11.6.2 Load Capacity 10-50 t
11.6.3 Load Capacity >50 t
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
11.10.1 Shipyards
11.10.2 Construction Site
11.10.3 Automotive
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydraulic Lifting Machinery Jack Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Lifting Machinery Jack Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydraulic Lifting Machinery Jack Market Size Forecast by Type
12.6.1 Load Capacity <10 t
12.6.2 Load Capacity 10-50 t
12.6.3 Load Capacity >50 t
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
12.10.1 Shipyards
12.10.2 Construction Site
12.10.3 Automotive
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydraulic Lifting Machinery Jack Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Lifting Machinery Jack Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydraulic Lifting Machinery Jack Market Size Forecast by Type
13.6.1 Load Capacity <10 t
13.6.2 Load Capacity 10-50 t
13.6.3 Load Capacity >50 t
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydraulic Lifting Machinery Jack Market Size Forecast by Applications
13.10.1 Shipyards
13.10.2 Construction Site
13.10.3 Automotive
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Lifting Machinery Jack Market: Competitive Dashboard
14.2 Global Hydraulic Lifting Machinery Jack Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SPX FLOW(Power Team)
14.3.2 PowerJAC
14.3.3 Simplex
14.3.4 PremierJack
14.3.5 HTS Direct USA
14.3.6 Sun Run Chulun Sing Co.,Ltd
14.3.7 Gruniverpal
14.3.8 Enerpac
14.3.9 Osaka Jack
14.3.10 FluidPower Machines Private Limited
14.3.11 Pooja International
14.3.12 Columbus Mckinnon
14.3.13 Compac Hydraulik
