Market for automotive air lift jack is likely to expand during the forecast period, primarily due to a rise in number of servicing outlets and vehicle assistance services across the globe
Automotive air lift jacks are used to lift the vehicle during underbody servicing, wheel alignment, tire replacement services, and body repair work. Moreover, air lift jacks utilize pneumatic pressure to lift vehicles and hence, comprise a cylinder filled with compressed air.
Hydraulic and screw lift jacks are other options available in the market; however, high load bearing capacity and easy operation of air lift jacks have fueled their demand.
Global Automotive Air Lift Jack Market – Drivers
Rise in awareness among consumers about vehicle maintenance and servicing is driving the market for air lift jacks. Garage owners are investing to expand their servicing platforms and equipment portfolio in order to increase capacity and consequently, driving the automotive air lift market.
Air lift jacks are highly preferred for lifting commercial vehicles, owing to their high load lifting capacity and easy operation. Moreover, higher preference is leading to replacement of hydraulic jacks with air lift jacks across commercial vehicle service centers.
Rising adoption of portable air lift jacks by vehicle owners for emergencies is further boosting the air lift jack market. Furthermore, demand for portable lift jack is anticipated to expand at a significant pace among other segments owing to its light weight which can be carried along while going for long tours.
Rise in number of end-users coupled with preference for air lift jacks is anticipated to propel the market for air lift jack during the forecast period
Rise in roadside assistance services across the globe is anticipated to drive the air lift jack market; moreover high capacity air lift jacks are mounted on pneumatic tires which makes them easier to maneuver and hence, are highly preferred by roadside assistance service providers
Global Automotive Air Lift Jack Market – Restraints
High popularity of hydraulic lifts owing to their high reliability is hampering the automotive air lift jack market. On the other hand, air lift jacks require higher maintenance as compared to that required by hydraulic jacks.
Global Automotive Air Lift Jack Market – Opportunities
Market for automotive air lift jack is anticipated to expand in countries with higher on road vehicles owing to higher frequency of maintenance required by vehicles and comparatively more number of applications of the jacks.
Market in Asia Pacific to witness notable expansion during forecast period
Asia Pacific is anticipated to be a key market for automotive air lift jack, as the region boasts of significantly high population and a large number of on road vehicles. Moreover, road conditions in India and other developing countries in the region is comparatively poor and hence, vehicles require frequent maintenance and are highly susceptible to a break down. This, in turn, is anticipated to cause the region to hold a higher share of the global air lift jack market, as compared to the share held by other regions.
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Global Automotive Air Lift Jack Market – Competitive Landscape
The market for automotive air lift jack is significantly concentrated due to the presence of a large number of air lift manufacturers. Moreover, companies with a wide product portfolio for industrial tools are engaged in the manufacturing of automotive air lifts. Some of the leading players in the market are:
