Jacking Machines Market
The market for Jacking Machines was estimated at $780 million in 2024; it is anticipated to increase to $1.48 billion by 2030, with projections indicating growth to around $2.53 billion by 2035.
Global Jacking Machines Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Jacking Machines industry revenue is expected to be around $868.1 million in 2025 and expected to showcase growth with 11.3% CAGR between 2025 and 2034. The increasing need for Jack Machines is mainly driven by their role in various industries such as construction and automotive sectors as well as manufacturing industry alike. The machines state of the art technology provides precision. Makes it easier to lift heavy loads which has led to a substantial rise in its demand. Furthermore the enhancements in efficiency and the decrease in labor have significantly improved worker safety and saved time. These factors are driving forces behind the growing demand for this equipment. The markets significance continues because of its function and the rising demand for sustainable automated solutions, across different sectors.
Machines for lifting known as Jacking Machines play a role in handling heavy loads with precision and reliability. They are recognized for their build quality, durability and top notch performance. These machines facilitate safe and efficient operations across various industries-from car maintenance and manufacturing in automotive plants to construction projects like bridges and buildings. There is a shift in the market towards eco friendly technology and automated systems, in these machines.
Market Key Insights
- The Jacking Machines market is projected to grow from $780.0 million in 2024 to $2.28 billion in 2034. This represents a CAGR of 11.3%, reflecting rising demand across Infrastructure Construction, Automobile Maintenance and Ship Building Industry.
- Enerpac, Power Team, Hawk Industries are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Jacking Machines market and are expected to observe the growth CAGR of 8.2% to 11.9% between 2024 and 2030.
- Emerging markets including Brazil, Malaysia and South Africa are expected to observe highest growth with CAGR ranging between 10.8% to 14.1%.
- Transition like Transition to Automated Jacking Systems is expected to add $78 million to the Jacking Machines market growth by 2030.
- The Jacking Machines market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Scissor Jacks & Hydraulic Jacks Operating Principle projected to gain a larger market share.
- With Infrastructure development, and Technological advancements, Jacking Machines market to expand 192% between 2024 and 2034.