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Jack Accessories Market Trends

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

Jack Accessories Market Trends

Smart technology integration is an emerging trend in the jack accessories industry, revolutionizing conventional lifting equipment. Features including sensors for weight detection, remote operation, and digital monitoring enable real-time data feedback, enhancing safety & operational efficiency. These innovations offer users greater control, enabling precise and safer lifting, while digital monitoring ensures accurate load management. Smart tech enables integration with mobile devices or apps, providing remote operation & diagnostics, making jack accessories more user-friendly & efficient, and catering to modern consumer preferences for advanced, connected tools.
 

The growing trend of DIY vehicle maintenance and repair has prompted a surge in demand for user-friendly jack accessories tailored for individual consumers. Enthusiasts prefer accessible, intuitive tools that facilitate easy and safe handling. Manufacturers are developing jacks with simplified mechanisms, clear instructions, and ergonomic designs, allowing non-professionals to perform maintenance tasks with confidence. This trend reflects a shift toward empowering consumers with the tools they need to undertake vehicle maintenance efficiently and safely without professional assistance.

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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