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Portable Wheel Jack Market Share

Report ID: GMI6786
Published Date: Sep 2023
Report Format: PDF

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Portable Wheel Jack Market Share

Major companies operating in the portable wheel jack market are:

Autofit GmbH
ENERPAC
ESCO
Horizon Global
SPX Flow Inc.
Sunex Tools

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of portable wheel jack reached USD 27.3 billion in 2022 and is set to grow at over 8% CAGR from 2023 to 2032, owing to the expanding automotive industry.

The hydraulic segment held major market share in 2022, as hydraulic jacks are engineered to lift heavier vehicles effectively, making them indispensable for owners of trucks, SUVs, and larger automobiles.

North America market was worth over USD 11.7 billion revenue in 2022, favored by the Do-It-Yourself (DIY) culture in the region.

Autofit GmbH, ENERPAC, ESCO, Horizon Global, SPX Flow Inc., and Sunex Tools.