Connect with us

Market research

Hydraulic Casing Jacks Market (New Research Report) By 2023 which is Booming Strong Growth in the Globe till 2028




The Hydraulic Casing Jacks Market is a segment of the oil and gas drilling equipment industry, which is experiencing steady growth due to the rising demand for oil and gas globally. Hydraulic casing jacks are used to lift and support the casing during drilling, completing, and production operations.

A jack is a versatile instrument that can be used to lift large objects by applying pressure. Heavy strings of tubing, casing, or drill pipe are lowered and/or raised using hydraulic casing jacks. With hydraulic casing jacks, hydraulic fluid has traditionally served as the primary power source. It comprises a pair of cylinders that are connected by a pipe and hydraulic fluid or oil and are of various sizes.

The increasing demand for oil and gas has led to an increase in drilling activities, which in turn, is driving the growth of the hydraulic casing jacks market. The hydraulic casing jacks are designed to improve the efficiency and safety of drilling operations, making them an essential component of the drilling process.

Need More Insights on Competitor Analysis of the Heat Meters Market Request a Sample Copy

The hydraulic casing jack market is expanding profitably on a global scale. The key drivers of the expansion of the global hydraulic casing jacks market are expanding industrialization, an increase in governmental restrictions, and the rising use of hydraulic casing jacks in the drilling equipment industry. Heavy weights can be raised higher and are likely to be stronger using hydraulic casing jacks. As a result, they have a wide range of uses in many different industries, including retail, waste management, mining, transportation, and automotive. Hydraulic casing jacks are a very valuable tool in the mining industry since they can easily raise heavy things to greater heights with little effort. The chores are finished more quickly, easily, and safely.

The market for hydraulic casing jacks is segmented based on the type of jacks, application, and region. Based on the type of jacks, the market is segmented into portable and non-portable jacks. Portable jacks are preferred in offshore drilling operations, while non-portable jacks are used in onshore drilling operations.

Based on application, the market is segmented into drilling, completing, and production operations. The drilling segment is expected to dominate the market due to the increasing number of drilling activities.

Market Segmentation:

By Loading capacity (less than 100 tons, 100 to 200 tons, 200 to 300 tons, 300 to 400 tons, 400 to 500 tons, More than 500 tons)

By End-use (Oil and gas industry, Construction industry, Mining industry, Others)


Regionally, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. North America is expected to dominate the market due to the high demand for oil and gas and the presence of major oil and gas companies in the region. Asia Pacific is expected to be the fastest-growing market due to the increasing demand for oil and gas in countries such as China and India.

Key players in the hydraulic casing jacks market include CASINJAC, INC., Atlas Manufacturing Ltd., Ardy Rigging Ltd., Vandec Industrial Hydraulics, Hanzik Hydraulics Inc., Starline Inc, Archway Engineering (UK) Ltd., Sumitomo Corporation, L. Martin Co., ITC Hydraulic Services Ltd. These companies are focusing on product innovation, mergers and acquisitions, and partnerships to strengthen their market position and increase their market share.

About Us:

Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports are specific to IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.

Contact Us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States

U.S. Ph. – +1-646-568-7751

USA-Canada Toll-free – +1 800-961-0353

Sales – [email protected]

Continue Reading
Advertisement Submit

TechAnnouncer On Facebook

Pin It on Pinterest

Share This