iCrowd Newswire
23 May 2020, 00:22 GMT+10
Industrial Pipe Jacks Market: Introduction
Advancements in the oil & gas and chemical industries has led to higher utilization of equipment such as industrial pipe jacks that are used for lifting, adjusting and positioning of pipes in varied fields. Industrial pipe jacks are generally used in labs or pilot industries for height adjustment purposes.
Industrial pipe jacks are expected to emerge as an essential equipment in the near future and are expected to find application in various end user industries including chemical, oil & gas, food & beverage, etc. Different types of industrial pipe jacks are available based on typical specifications and requirements including fixed leg pipe jacks, folding leg pipe jacks, Uno pipe jacks and rolling leg pipe jacks.
More recently, the demand for industrial pipe jacks is significantly propelled over the past few years owing to its high durability and resistance to hold heavy weights. Industrial pipe jacks are mostly used in the chemical and oil & gas industries to adjust and level the height of the pipes.
To remain 'ahead' of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/24580
Industrial Pipe Jacks Market: Market Dynamics
Drivers:
Ever growing end-use industries, such as oil & gas, chemical, pharmaceutical, food & beverage, etc., both in developing and developed economies is expected to be the prime factor responsible for the growth of the global industrial pipe jacks market over the forecast period. Moreover, industrial pipe jacks are ideal for pipe holding and leveling in typical complex designs and places. This is also anticipated to provide traction for the growth of industrial pipe jacks market in the coming decade.
Restraints:
Industrial pipe jacks generally require skilled workforce to operate which increases overall cost of operation. This factor is expected to act as a restraining factor to the growth of industrial pipe jacks market over the forecast period.
Trends:
A major trend projected five years down the line includes market leaders both OEMs and dedicated industrial pipe jacks manufacturer are focusing on research and development (R&D) activities to develop advanced and efficient products. Moreover, the manufacturers are offering customized industrial pipe jacks based on customer demands to expand consumer base and market share in the global market.
Industrial Pipe Jacks Market: Segmentation
The global industrial pipe jacks market can be segmented on the basis of type, head type and end user.
Based on type, the global industrial pipe jacks market is segmented into:
Based on head type, the global industrial pipe jacks market is segmented into:
Based on end user, the global industrial pipe jacks market is segmented into:
Industrial Pipe Jacks Market: Regional Outlook
The regional demand dynamics is directly related with the demand from the end-use industries. Over the forecast period, Asia Pacific is expected to be closely followed by North America. Both of these markets are predicted to witness enormous growth in the industrial pipe jacks market owing to the expected growth in the automotive sector in emerging economies, such as the India, China and U.S. Western Europe is estimated to grow at a considerable CAGR during the forecast period due to upsurge in demand for industrial pipe jacks in the growing industrial sector in the region. Latin America is anticipated to witness the growth of industrial pipe jacks market over the forecast period. Middle East & Africa is probable to grow at a substantial CAGR during the forecast period owing to growth of oil & gas industries in the region.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/24580
Industrial Pipe Jacks Market: Market Participants
Examples of some of the key participants identified across the value chain of the global industrial pipe jacks market include:
About Us:Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.
Contact UsPersistence Market ResearchU.S. Sales Office305 Broadway, 7th FloorNew York City, NY 10007+1-646-568-7751United StatesUSA - Canada Toll-Free: 800-961-0353E-mail id- [email protected]Website: www.persistencemarketresearch.com
Contact Information:
Contact Us
Persistence Market Research
U.S. Sales Office
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA
- Canada Toll-Free: 800-961-0353
E-mail id- [email protected]
Website: www.persistencemarketresearch.com
Get a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationSAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
Hyderabad (Telangana) [India], July 1 (ANI): NMDC, India's largest iron ore producer, marked a significant milestone with the inauguration...
YINCHUAN, July 1 (Xinhua) -- China on Monday reached a major milestone in desertification control by completing a barrier belt along...
Hyderabad (Telangana) [India], June 29 (ANI): Olympic Games Tokyo 2020 medalist Lovlina Borgohain eased past Punjab's Krisha Verma...
Hyderabad (Telangana) [India], June 29 (ANI): Former youth world champion Ankushita Boro showcased her class on Day 2 of the Elite...
Panaji (Goa) [India], June 29 (ANI): The 'Raj Bhavan Annadhan' scheme was officially launched on Sunday at Old Durbar Hall, Raj Bhavan,...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
New Delhi [India], July 2 (ANI): Union Minister of Communications Jyotiraditya Scindia slammed Congress President Mallikarjun Kharge...
Washington DC [US], July 2 (ANI): United States President Donald Trump on Tuesday (local time) said that Israel has agreed to the necessary...
Washington DC [US], July 2 (ANI): As the US Senate passed the 'One Big Beautiful Bill' with Vice President JD Vance casting the tie-breaking...
Bengaluru (Karnataka) [India], July 2 (ANI): A two-person bench of Central Administrative Tribunal (CAT) observed Royal Challengers...