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Jack Accessories Market Analysis

  • Report ID: GMI7310
  • Published Date: Nov 2023
  • Report Format: PDF

Jack Accessories Market Analysis

Jack Accessories Market Revenue, By Accessories Type, 2021 – 2032, (USD Million)

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Based on accessories type, the jack stands segment accounted for around 40% market share in 2022 and is anticipated to expand significantly due to heightened safety awareness & regulatory compliance. With an increased focus on preventing accidents during vehicle maintenance, there is a growing demand for stable and secure lifting solutions.
 

Global Jack Accessories Market Share, By Vehicle Type, 2022

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Based on vehicle type, the passenger vehicles segment captured for a market share of 30% in 2022, due to an increase in vehicle ownership and the trend of DIY car maintenance. As more individuals opt for personal vehicle ownership, the demand for accessories such as jacks, stands, and pads for routine maintenance & repair rises. The DIY culture further propels this growth as consumers seek user-friendly, efficient jack accessories for tasks such as tire changes and basic vehicle repairs, augmenting demand in the passenger vehicles segment.
 

North America Jack Accessories Market Revenue, 2021 – 2032, (USD Million)

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North America region dominated about 30% of the jack accessories market share in 2022. The region's increased vehicle ownership, robust automotive aftermarket, and rising inclination toward DIY vehicle maintenance contribute to the higher demand for jack accessories. Moreover, stringent safety regulations and a growing awareness of workplace safety standards drive the need for reliable, compliant jack accessories. The market growth in North America is further fueled by the expansion of e-commerce, offering consumers easy access to a wide range of jack accessories.
 

Jack Accessories Market Share

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of jack accessories was valued at USD 739.9 million in 2022 and is estimated to register a CAGR of over 4% between 2023 and 2032, favored by the expanding e-commerce landscape.

The jack stands segment accounted for around 40% market share in 2022 and is anticipated to expand significantly due to heightened safety awareness & regulatory compliance.

North America held around 30% market share in 2022 and is projected to register significant growth over 2023-2032, owing to the region's increased vehicle ownership, robust automotive aftermarket, and rising inclination toward DIY vehicle maintenance that contribute to the higher demand for jack accessories.

American Forge & Foundry (AFF), Arcan, Blackhawk Automotive, Craftsman, ESCO, Hein-Werner, Omega Lift Equipment, Performance Tool, and Powerbuilt.

Jack Accessories Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 25
  • Tables & Figures: 284
  • Countries covered: 19
  • Pages: 250
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