Portable Wheel Jack Market Analysis

Portable Wheel Jack Market Analysis

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Based on power type, the hydraulic segment held major portable wheel jacks market share in 2022. High lifting capacity is a significant factor propelling the hydraulic wheel jack segment within the market. Hydraulic jacks are engineered to lift heavier vehicles effectively, making them indispensable for owners of trucks, SUVs, and larger automobiles. Their robust hydraulic systems provide the power needed to lift substantial loads, offering a level of versatility and capability that other jack power types, such as scissor jacks or bottle jacks, cannot offer. This makes hydraulic wheel jacks the preferred choice when dealing with vehicles requiring substantial lifting force, driving their popularity in the market.

The automotive segment held over 28% of the portable wheel jacks market share in 2022, due to the expansion of automotive service centers. With a pneumatical network of service centers, vehicle owners are encouraged to maintain their vehicles regularly. For instance, in June 2023, Maruti Suzuki, a prominent car manufacturer in India, announced its intensified commitment to widen its service network nationwide. This strategic move is aimed at enhancing customer satisfaction and regaining lost market share.

Portable wheel jacks are essential for servicing and tire changes, promoting their demand. These service centers often require multiple jacks to accommodate high volumes of vehicles, further boosting the sales of portable wheel jacks within the automotive segment of the market.

North America portable wheel jacks market size dominated around USD 11.7 billion in 2022. The Do-It-Yourself (DIY) culture in North America is a significant factor supporting the market. Many vehicle owners take pride in personally handling basic automotive maintenance tasks such as tire changes and brake inspections. Portable wheel jacks are indispensable tools for these DIY enthusiasts, enabling them to lift their vehicles safely and efficiently for various repair & maintenance activities. This culture fosters a consistent demand for portable wheel jacks as DIY mechanics seek reliable & user-friendly solutions for their automotive needs.