Market Overview:
The global hydraulic machine jacks 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 machine jacks in construction and automobile industries. In terms of type, the load capacity below10 t segment is expected to dominate the global hydraulic machine jacks market during the forecast period, owing to its low cost and easy installation. However, in terms of growth rate, the load capacity 10-30 t segment is projected to register highest CAGR during 2018-2030. to rapid industrialization.
Product Definition:
A hydraulic machine jack is a device that uses a liquid, usually oil, to create or multiply force. This type of jack is often used in automotive and construction applications. The importance of hydraulic machine jacks lies in their ability to generate large amounts of force with relatively small input efforts. This makes them ideal for use in lifting heavy objects or overcoming resistance loads.
Load Capacity Below10 t:
The load capacity below 10t hydraulic machine jacks market is expected to witness significant growth over the forecast period. The market is driven by increasing demand for low-strength machines in construction, mining and agricultural sectors. Hydraulic machine jacks are used to lift heavy loads and are widely used in industries such as construction, agriculture, mining & quarrying.
Load Capacity 10-30 t:
The load capacity 10-30 t is a type of Capacity Weighted Flywheel (CWF) which is used in hydraulic machine jacks. It has the ability to withstand low and high cycle shock, making it suitable for industrial usage. The flywheel’s weight can be varied between 8 to 32 kg with 10 kg being a commonly used option.
Application Insights:
The construction site was the largest application segment in 2017 and accounted for a market share of over 45% in terms of revenue. The rising demand for heavy-duty hydraulic machine jacks is expected to drive the growth of this segment during the forecast period.
The automobile industry is estimated to be one of the fastest growing industries globally, which has created a huge demand for vehicles and parts across various regions including North America, Europe, Asia Pacific and Latin America. In addition to this, increasing disposable income levels coupled with easy access to credit has resulted in an increased number of vehicle sales across various countries worldwide. These factors are anticipated to create significant demand for automotive components including engine components along with tires & tubes thereby boosting product penetration during the forecast period.
Other applications include mining sites, construction sites etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest construction, automotive and mining companies across the globe. These companies are investing more in research & development activities as well as manufacturing new products for different applications. This has resulted in high demand for hydraulic machine jacks from these industries across Asia Pacific countries such as China, India, Japan and South Korea among others.
The Middle East & Africa region is anticipated to grow at a significant rate over the forecast period owing to increasing government investments on infrastructure projects coupled with rising oil production capacities in this region since 2014Q3-2015Q2 timeframe (data sourced from OICA). In addition, growing number of construction sites due to reconstruction efforts after major earthquakes such as those that hit Iran (1979), Turkey (1999) and Chile (2010) are expected drive product demand further over next eight years or so till 2030.
Growth Factors:
- Increasing demand for hydraulic machine jacks in the automotive and construction industries due to their high efficiency and portability.
- Growing popularity of hydraulic machines jacks as a replacement for traditional mechanical jacks, owing to their superior performance characteristics.
- Rising investments by key players in research and development activities to develop new and innovative products that can cater to the needs of different end-use industries.
- Proliferation of online retail platforms that offer a wide range of hydraulic machine jacks at competitive prices, thereby aiding in market penetration. 5) Technological advancements such as the introduction of wireless operated hydraulic machine jacks that offer enhanced convenience and ease-of-use
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Machine Jacks Market Research Report
By Type
Load Capacity Below10 t, Load Capacity 10-30 t, Load Capacity Above30 t
By Application
Construction Site, Automobile Industry, Other
By Companies
JUNG Hebe- und Transporttechnik GmbH, SPX Flowe Inc (Power Team), PowerJAC, Simplex, PremierJack, HTS Direct USA, Sun Run Chulun Sing Co.,Ltd, Gruniverpal, Enerpac, Osaka Jack Co.,Ltd, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Machine Jacks Market Report Segments:
The global Hydraulic Machine Jacks market is segmented on the basis of:
Types
Load Capacity Below10 t, Load Capacity 10-30 t, Load Capacity Above30 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
Construction Site, Automobile Industry, 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:
- JUNG Hebe- und Transporttechnik GmbH
- SPX Flowe Inc (Power Team)
- PowerJAC
- Simplex
- PremierJack
- HTS Direct USA
- Sun Run Chulun Sing Co.,Ltd
- Gruniverpal
- Enerpac
- Osaka Jack Co.,Ltd
- FluidPower Machines Private Limited
- Pooja International
- Columbus Mckinnon
- Compac Hydraulik
Highlights of The Hydraulic Machine Jacks 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 Below10 t
- Load Capacity 10-30 t
- Load Capacity Above30 t
- By Application:
- Construction Site
- Automobile Industry
- 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 Machine Jacks 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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 machine jacks are a type of jack used to raise and lower heavy objects. They are powered by hydraulic fluid, which is pressurized using a pump. The hydraulic fluid circulates through the jack's pistons, which cause it to rise or fall.
Some of the key players operating in the hydraulic machine jacks market are JUNG Hebe- und Transporttechnik GmbH, SPX Flowe Inc (Power Team), PowerJAC, Simplex, PremierJack, HTS Direct USA, Sun Run Chulun Sing Co.,Ltd, Gruniverpal, Enerpac, Osaka Jack Co.,Ltd, FluidPower Machines Private Limited, Pooja International, Columbus Mckinnon, Compac Hydraulik.
The hydraulic machine jacks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Machine Jacks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Machine Jacks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Machine Jacks Market - Supply Chain
4.5. Global Hydraulic Machine Jacks Market Forecast
4.5.1. Hydraulic Machine Jacks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Machine Jacks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Machine Jacks Market Absolute $ Opportunity
5. Global Hydraulic Machine Jacks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Machine Jacks Market Size and Volume Forecast by Type
5.3.1. Load Capacity Below10 t
5.3.2. Load Capacity 10-30 t
5.3.3. Load Capacity Above30 t
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Machine Jacks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Machine Jacks Market Size and Volume Forecast by Application
6.3.1. Construction Site
6.3.2. Automobile Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Machine Jacks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Machine Jacks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Machine Jacks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Machine Jacks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Machine Jacks Demand Share Forecast, 2019-2026
9. North America Hydraulic Machine Jacks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Machine Jacks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Machine Jacks Market Size and Volume Forecast by Application
9.4.1. Construction Site
9.4.2. Automobile Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Machine Jacks Market Size and Volume Forecast by Type
9.7.1. Load Capacity Below10 t
9.7.2. Load Capacity 10-30 t
9.7.3. Load Capacity Above30 t
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Machine Jacks Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Machine Jacks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Machine Jacks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Machine Jacks Market Size and Volume Forecast by Application
10.4.1. Construction Site
10.4.2. Automobile Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Machine Jacks Market Size and Volume Forecast by Type
10.7.1. Load Capacity Below10 t
10.7.2. Load Capacity 10-30 t
10.7.3. Load Capacity Above30 t
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Machine Jacks Demand Share Forecast, 2019-2026
11. Europe Hydraulic Machine Jacks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Machine Jacks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Machine Jacks Market Size and Volume Forecast by Application
11.4.1. Construction Site
11.4.2. Automobile Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Machine Jacks Market Size and Volume Forecast by Type
11.7.1. Load Capacity Below10 t
11.7.2. Load Capacity 10-30 t
11.7.3. Load Capacity Above30 t
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Machine Jacks Demand Share, 2019-2026
12. Asia Pacific Hydraulic Machine Jacks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Machine Jacks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Machine Jacks Market Size and Volume Forecast by Application
12.4.1. Construction Site
12.4.2. Automobile Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Machine Jacks Market Size and Volume Forecast by Type
12.7.1. Load Capacity Below10 t
12.7.2. Load Capacity 10-30 t
12.7.3. Load Capacity Above30 t
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Machine Jacks Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Machine Jacks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Machine Jacks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Machine Jacks Market Size and Volume Forecast by Application
13.4.1. Construction Site
13.4.2. Automobile Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Machine Jacks Market Size and Volume Forecast by Type
13.7.1. Load Capacity Below10 t
13.7.2. Load Capacity 10-30 t
13.7.3. Load Capacity Above30 t
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Machine Jacks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Machine Jacks Market: Market Share Analysis
14.2. Hydraulic Machine Jacks Distributors and Customers
14.3. Hydraulic Machine Jacks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JUNG Hebe- und Transporttechnik GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SPX Flowe Inc (Power Team)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PowerJAC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Simplex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PremierJack
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HTS Direct USA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sun Run Chulun Sing Co.,Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gruniverpal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Enerpac
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Osaka Jack Co.,Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FluidPower Machines Private Limited
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pooja International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Columbus Mckinnon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Compac Hydraulik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
