Aircraft Jack Market Report Scope & Overview:

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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.

KEY MARKET SEGMENTATION

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

KEY PLAYERS

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