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The Aircraft Jack Market size was USD 1.70 billion in 2023 and is projected to reach USD 2.36 billion by 2032, reflecting a CAGR of 3.71% during the forecast period from 2024 to 2032.
Flight jackets are used for ground support for standard care and testing. The most widely used tripod jacks are axle jacks. Typically, air jugs are used to care for tyres, struts, and wheels. Jacks are attached to a large seat gear or nose to lift the plane.
The jack aviation market has registered high growth over the past few years due to the increase in the number of airlines and the growing focus on aviation care. Aviation care is encouraged by the growing investment of MRO providers and manufacturers of original technology equipment. However, the complexity involved in the installation is expected to hold the growth of the Aircraft Jack Market during the forecast period. Jacking and safety procedures vary depending on the aircraft. Factors such as the use of jugs in the A-level area, the use of appropriate points, and the need for reinforcements make the installation of jacks a complex process.
MARKET DYNAMICS
KEY DRIVERS
Worldwide, the number of aircraft is increasing.
Excessive Focus on Aircraft Maintenance
RESTRAINTS
Complexity is Involved In the Installation
OPPORTUNITIES
Rising Expenditure in the Aircraft Industry in Emerging Markets
THE IMPACT OF COVID-19
The impact of COVID-19 on the smart weapons business is unpredictable, and it is expected to be in effect for a few years.
The COVID-19 outbreak compelled governments around the world to impose strict lockdown and ban import-export of raw materials for the majority of 2020 and a few months in 2021. This resulted in a rapid decrease in the availability of critical raw ingredients for the manufacture of smart weapons. Furthermore, the nationwide shutdown compelled smart weapons manufacturing facilities to shut down partially or fully. The COVID-19 pandemic has caused widespread delays in efforts and initiatives related to the development of sophisticated smart weaponry.
These jackets are used for lifting the aircraft using force with the help of an electric cylinder. Hydraulic jackets often survive and are not easy to maintain. However, factors such as their ability to lift heavy loads, fewer space requirements, and their ability to pause slightly due to the screw rope are expected to further their demand during the forecast period.
The Pneumatic segment is expected to record a high CAGR during the forecast period. These jugs are powered by compressed air. Since pneumatic jars do not carry liquids, like their hydraulic counterparts, the first ones tend to be more expensive and easier to operate. In addition, pneumatic leakage is less harmful compared to hydraulic leakage. Therefore, half of pneumatic Jacks are expected to record high growth during the forecast period due to their ability to lift weight without effort.
According to application, civil aviation is expected to dominate the market over the forecast period. This is due to an increase in the number of commercial aircraft in the world, as well as increased spending on maintenance and repair. The demand for civil aeroplanes in emerging markets is enormous. These commercial aircraft require routine repair, which is projected to drive demand for aeroplane jacks.
This is because current military aircraft are being upgraded with advanced equipment. Growing military aircraft maintenance, repair, and activities aimed at prolonging their lifespan are expected to fuel segment expansion.
Furthermore, countries such as China, Russia, India, and Brazil have greatly boosted their spending on military aircraft purchase, which is expected to drive category growth even further.
By Application
Civil Aviation
Military
By Type
Hydraulic
Pneumatic
REGIONAL ANALYSIS
North America has the highest market share. This trend is expected to continue over the projection period, with Europe accounting for a sizable portion of the entire market. The region's expansion is being driven by increased commercial air transportation. This region's Aircraft Jack Market is expected to grow at the fastest rate during the forecast period. Market growth is likely to be driven by rising demand for new aircraft and rising defence spending in countries such as India and China. Asia-Pacific offers a profitable investment opportunity for aviation jack makers. Civil aviation has expanded significantly in Latin America. The expansion in the number of commercial aircraft has raised demand for MRO services, which is augmenting regional growth.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Dedienne Aerospace, GSE Composystem, Stertil-Koni, HYDRO SYSTEMS KG, SOLAIR GROUP, LLC., Langa Industrial, S.A., Makro Aero, Chiarlone Officine, Malabar International, Semmco Limited, and other players
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 1.70 Billion |
Market Size by 2032 | US$ 2.36 Billion |
CAGR | CAGR of 3.71% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Application (Civil Aviation and Military) • By Type (Hydraulic and Pneumatic) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Dedienne Aerospace, GSE Composystem, Stertil-Koni, HYDRO SYSTEMS KG, SOLAIR GROUP, LLC., Langa Industrial, S.A., Makro Aero, Chiarlone Officine, Malabar International, Semmco Limited, and other players.. |
DRIVERS | • Worldwide, the number of aircraft is increasing. • Excessive Focus on Aircraft Maintenance |
RESTRAINTS | • Complexity is Involved In the Installation |
The Aircraft Jack Market is growing at a rate of 3.71% during the projected period.
Worldwide, the number of aircraft is increasing and Excessive Focus on Aircraft Maintenance
The impact of COVID-19 on the smart weapons business is unpredictable, and it is expected to be in effect for a few years. The COVID-19 outbreak compelled governments around the world to impose strict lockdown and ban import-export of raw materials for the majority of 2020 and a few months in 2021.
Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product.
Yes, this report cover top down , bottom up Quantitative Research. Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Aircraft Jack Market Segmentation, by Application
8.1 Civil Aviation
8.2 Military
9. Aircraft Jack Market Segmentation, by Type
9.1 Hydraulic
9.2 Pneumatic
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Dedienne Aerospace
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 GSE Composystem
11.3 Stertil-Koni
11.4 HYDRO SYSTEMS KG
11.5 SOLAIR GROUP, LLC.
11.6 Langa Industrial, S.A.
11.7 Makro Aero
11.8 Chiarlone Officine
11.9 Malabar International
11.10 Semmco Limited
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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