Global Air-Powered Lifting Bags Market was valued at USD 0.20 Billion in 2022 and is projected to reach USD 0.30 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
Air-powered lifting bags have become indispensable tools across various industries, offering efficient solutions for heavy lifting tasks. These pneumatic devices are particularly valued in sectors such as construction, mining, and emergency rescue operations, where traditional lifting equipment may be impractical or unsafe.
In my experience working in industrial settings, air-powered lifting bags have proven invaluable. Their ability to safely and efficiently lift heavy loads in confined spaces has streamlined operations and enhanced safety protocols. For instance, during a machinery installation project, the use of these lifting bags allowed for precise positioning without the need for cumbersome equipment, significantly reducing setup time and labor costs.
According to recent market analyses, the air-powered lifting bags market was valued at approximately USD 185.90 million in 2023 and is projected to reach USD 275.62 million by 2030, growing at a compound annual growth rate (CAGR) of 5.78%. This growth is driven by the expansion of the construction industry, increased mining activities, and a heightened focus on safety standards in rescue operations.
Key applications of air-powered lifting bags include:
Auto Repair: Facilitating the lifting of vehicles for maintenance and repair tasks.
Industrial Manufacturing: Assisting in the installation and relocation of heavy machinery.
Emergency Services: Enabling rescue teams to lift debris and vehicles during disaster response operations.
The market is segmented based on lifting capacity:
Capacity Less Than 10 Tons
10-50 Tons
More Than 50 Tons
Leading manufacturers in this market include Holmatro, Paratech, Matjack, ESCO, and Unique Group. These companies are focusing on innovations such as multi-layer construction and the development of lifting bags with integrated vulcanized carrying handles to enhance durability and usability.
Despite the promising growth trajectory, challenges such as high initial costs and the need for specialized training to operate these devices persist. However, ongoing technological advancements and increasing investments in infrastructure projects globally are expected to mitigate these challenges, providing ample opportunities for market expansion.
Get an In-Depth Research Analysis of the Global Air-Powered Lifting Bags Market Size And Forecast [2025-2032]
Holmatro
Paratech
Matjack
ESCO
Unique Group
SIMPLEX
MFC International
PRONAL
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Air-Powered Lifting Bags Market
Auto Repair
Industrial Manufacturing
Others
Based on Types the Market is categorized into Below types that held the largest Air-Powered Lifting Bags market share In 2023.
Capacity Less Than 10 Tons
10-50 Tons
More Than 50 Tons
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Air-Powered Lifting Bags Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Air-Powered Lifting Bags Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Air-Powered Lifting Bags Market, By Type
6. Global Air-Powered Lifting Bags Market, By Application
7. Global Air-Powered Lifting Bags Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Air-Powered Lifting Bags Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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