The Global Inflatable Jack market is expected to grow at a considerable rate by 2030, with a growing CAGR (compound annual growth rate) of from 2022 to 2030.
An advantageous alternative to hydraulic cylinders is inflatable jacks. Their goal is to convert the compressed air or oil that powers them into a mechanical movement. With our inflatable jacks, movements like lifting, pushing, tightening, deflecting, sealing, etc. are all guaranteed. Pneumatic jacks can exert stresses ranging from a few grammes to several hundred tonnes.Indeed, inflatable air jack exerts a tremendous amount of force. It is computed using the following equation: Active surface x Inflation pressure. Therefore, at 5 bar of inflation pressure, a pneumatic jack with dimensions of 50 cm x 50 cm will unleash a force of 1.25 tonnes.
Mining and construction are major demand drivers.
The automotive market is anticipated to expand significantly based on end user. However, it is projected that the construction and mining sector would dominate the market for portable wheel jacks in terms of volume. During the forecast period, the floor jack/service jacks sub-segment under automotive end use is anticipated to rise by 4.0 percent, primarily due to an increase in garages and auto service centres around the world.
Key market trends- Growth determinants and restraints
The Global Inflatable Jack Market is developing at a quicker pace with significant development rates throughout the most recent couple of years and is assessed that the market will fill essentially in the gauge period for example 2022 to 2030.
The market for air lift jacks is being driven by consumers’ increased awareness of car maintenance and servicing. In order to boost capacity, garage owners are making investments to diversify their equipment and maintenance platforms, which is propelling the automotive air lift industry.
Commercial vehicle lifting is greatly favoured by air lift jacks because of its high load lifting capacity and simple operation. Additionally, air lift jacks are replacing hydraulic jacks in commercial vehicle service centres due to increased desire.
The market for air lift jacks is being further stimulated by the increasing acceptance of portable air lift jacks by car owners for emergencies. Due to the portable lift jack’s minimal weight and ability to be transported when on long trips, it is also projected that demand will grow significantly faster than that of other segments.
During the projected period, it is anticipated that a rise in the number of end users and their demand for air lift jacks would fuel the market. Due to the portable lift jack’s minimal weight and ability to be transported when on long trips, it is also projected that demand will grow significantly faster than that of other segments.
During the projected period, it is anticipated that a rise in the number of end users and their demand for air lift jacks would fuel the market.
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Segmentation Analysis of Global Inflatable Jack market
Based on type
- Automatic inflatable life jacket
- Manual inflatable life jacket
- Others
Based on application
- Adults
- Kids
- Others
Asia-Pacific is expected to hold the largest market share
North America, Europe, Latin America, Asia Pacific, and Middle East and Africa are the major regions constituting the geographical landscape of Global Inflatable Jack market. Asia-Pacific dominates the market with the largest market share among others.
Competitive Landscape
The Key players in the Global Inflatable Jack Market are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Drager, Mustang Survival, O’Neill, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Dongtai Jianghai, International Safety Products, SECUMAR, SALUS MARINE WEAR INC., Stormy Lifejackets, Wuxi Xingtai Shipping Equipment, MW Watersports, SeaSafe Systems, Ningbo Zhenhua Electrical Equipment, Aqua Life, Eyson, Xiamen Shenshou Science and Technology, Jiaxing Rongsheng Lifesaving Equipment.
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Major development
- The Global Inflatable Jack market is expected to increase at a significant rate during the figure time period, somewhere in the range of 2022 to 2030. In 2020, the market was developing at a consistent rate and with the increasing reception of systems by key players, the market is supposed to ascend over the projected skyline.
Frequently Asked Questions
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