Press release
Hydraulic Jack Market Revenue Share, Insights & Future Outlook
Hydraulic Jack Market Size Forecast: What's Driving Growth Through 2031?The global market for Hydraulic Jack was valued at US$ 615 million in the year 2024 and is projected to reach a revised size of US$ 962 million by 2031, growing at a CAGR of 6.7% during the forecast period. Hydraulic jacks are distinguished by their use of an incompressible liquid, such as hydraulic fluid or jack oil, as the means by which force multiplication is achieved.
Which Regions Are Leading the Hydraulic Jack Market Expansion?
The North American market for Hydraulic Jack is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031. The Asia-Pacific market for Hydraulic Jack is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
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Who Are the Key Players Shaping the Global Hydraulic Jack Market?
The major global manufacturers of Hydraulic Jack include ENERPAC, SPX, JET Tools, TORIN, STANLEY, Zinko, KANWAR ENGG, Omega, U.S. Jack Company, Craftsman, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Company Specializations:
• ENERPAC: Specializes in high-precision hydraulic tools and lifting equipment.
• SPX: Focused on innovative hydraulic solutions for industrial applications.
• JET Tools: Provides reliable hydraulic lifting tools for automotive and industrial markets.
• TORIN: Known for affordable and durable hydraulic jacks for workshops.
• STANLEY: Specializes in versatile hydraulic tools and floor jacks.
• Zinko: Offers specialized hydraulic solutions for heavy machinery.
• KANWAR ENGG: Focused on industrial-grade hydraulic lifting equipment.
• Omega: Provides high-quality hydraulic jacks for automotive and construction use.
• U.S. Jack Company: Specializes in hydraulic jacks with a focus on portability and safety.
• Craftsman: Known for consumer-friendly hydraulic tools for automotive repairs.
• Techvos India: Offers advanced hydraulic lifting solutions for industrial applications.
• KIET: Focuses on hydraulic systems for commercial and industrial use.
• Shanghai Baoshan Jack Factory: Specializes in durable hydraulic jacks for the Chinese market.
• Taizhou Hailing Hydraulic Machinery: Provides hydraulic lifting solutions for industrial use.
• AC Hydraulic: Known for customized hydraulic jacks for diverse industries.
• Halfords: Offers automotive hydraulic jacks and tools for consumer markets.
• TRACTEL: Focused on hydraulic lifting solutions for industrial construction.
• SIP: Provides hydraulic jacks for both industrial and automotive applications.
Market Segmentation
By Type:
• Bottle Jacks
• Floor Jacks
• Others
By Application:
• Shipyards
• Bridge Building
• Plant Construction Sites
• Automotive
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