Industrial Pipe Jacks Market Growth, Size, Share, Trends, and Forecast 2032

Global Industrial Pipe Jacks Market Insights

According to the report published by Zion Market Research, the global Industrial Pipe Jacks Market size was valued at USD 3.61 Billion in 2023 and is predicted to reach USD 5.80 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.40% during the forecast period. The report analyzes the global Industrial Pipe Jacks Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Industrial Pipe Jacks Market industry.

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Global Industrial Pipe Jacks Market: Overview

Industrial pipe jack is the equipment used in several industries for positioning, adjusting, and lifting pipes. Usually, they are used in pilot industries and labs for height adjustment. The industrial pipe jacks are available with minimum and maximum lifting height as per the requirements. As per the applications in the industries, they are also available in a wide range of head types such as roller head, V-head, conveyor roller head, and much more.

Global Industrial Pipe Jacks Market: Growth Factors

The global industrial pipe jacks market is growing at a faster rate. Factors such as an increase in the use of industrial pipe jacks owing to their ability to hold heavy weights & high durability, rapid industrialization, and growing demand from the oil & gas industry are propelling the growth of the global industrial pipe jacks market. To compete with their peer, the market players are in a continuous process of product innovation to meet the demand of the end-users. With the satisfaction guarantee, the key players are offering a wide range of industrial pipe jacks ranging from small diameter thin wall steel pipe holding to heavy-duty pipeline holding equipment. This is augmenting the growth of the global market.

In addition to the oil & gas industry, there is a huge demand for industrial pipe jacks from several industries including food & beverages, pharmaceutical, and automotive. In the automobile industry, when the vehicle has been raised pipe jacks are used in automobile repair to support a vehicle axle. These factors are boosting the growth of the global market. Moreover, factors such as the availability of customized industrial pipe jacks and effective business strategies of the major players are also equally contributing to the growth of the market. Furthermore, an increase in R&D activities for enhancing the efficacy of the industrial pipe jacks can have beneficial opportunities for the growth of the global industrial pipe jacks market over the forecast period. However, factors such as lack of skilled professionals and high operational cost may hinder the growth of the global industrial pipe jacks market.

The outbreak of Covid-19 has severely hit the global industrial pipes jacks market. Restriction on movement and the nationwide lockdown was immediately imposed by most of the countries across the world as the infection was spreading rapidly. These strict rules hampered several business sectors including the oil & gas, automotive, and food & beverages industry. In addition to this, the disruption in the supply chain also impacted the production of new products. This hampered the supply and demand of the industrial pipe jacks thereby affecting the growth of the market during the pandemic.

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Global Industrial Pipe Jacks Market: Segmentation

The global industrial pipes jacks market is categorized based on type, head type, end user, and region.

Based on type, the global industrial pipe jacks market is bifurcated into folding leg pipe jacks, Uno pipe jacks, fixed leg pipe jacks, and rolling leg pipe jacks.

The head type segment comprised of roller head, folding V-head, V-head, and others.

The major end users of industrial pipe jacks include automotive, chemical, oil & gas, pharmaceutical, food & beverages, and other industries.

Industrial Pipe Jacks Market: Report Scope

Global Industrial Pipe Jacks Market: Regional Analysis

Asia Pacific is expected to hold a major share in the global industrial pipe jacks market. Factors such as the rapidly expanding industrial sector including automobile, pharmaceutical, and food & beverage in developing economies such as India and China, presence of major key players, and strong distribution channel are surging the growth of the market in this region. North America has estimated to contribute a significant share of the market in terms of revenue. This is attributed to the high demand for pipe jacks and heavy investments in R&D activities are anticipated to drive the market growth in this region over the forecast period.

Global Industrial Pipe Jacks Market: Competitive Players

The global industrial pipe jacks market is highly fragmented. Major players are focusing on organic growth strategies to expand their business. Key players operating in this market include:

• B&B Pipe and Industrial Tools
• TENAQUIP Limited
• Reed Manufacturing Company
• Emerson Electric Co.
• Sumner Manufacturing Co., LLC
• MIDCO Manufacturing
• Anchorage Group
• ROTHENBERGER (Pipe Tool Technologies)
• Keystone Energy Tools LLC
• Lascentrum Welding & Cutting among others.

The Global Industrial Pipe Jacks Market is segmented as follows:

By type 

• folding leg pipe jacks
• Uno pipe jacks
• fixed leg pipe jacks 
• rolling leg pipe jacks 

By head type 

• roller head
• folding V-head
• V-head 
• and others

By end user 

• automotive
• chemical
• oil & gas 
• pharmaceutical
• food & beverages
• and other industries

Global Industrial Pipe Jacks Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

The Global Industrial Pipe Jacks Market is segmented as follows:

By type 

• folding leg pipe jacks
• Uno pipe jacks
• fixed leg pipe jacks
• rolling leg pipe jacks 

By head type 

• roller head
• folding V-head 
• V-head, and others 

By end user 

• automotive
• chemical
• oil & gas 
• pharmaceutical
• food & beverages
• other industries

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.