Jockey Wheels Market Size, Share, Growth, And Industry Analysis, By Type (Capacity：up to 300 kg, Capacity：300 - 500 kg, Capacity：500 - 800 kg, Capacity：800 - 1200 kg, Capacity：1200 - 1500 kg and Other), By Application (Agricultural, Industrial, Automotive and Other), Regional Forecast to 2032

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Jockey Wheels Market Report Overview

The global Jockey Wheels Market size was valued at approximately USD 0.24 billion in 2023 and is expected to reach USD 0.31 billion by 2032, growing at a compound annual growth rate (CAGR) of about 3.5% during forecast period.

When a caravan or trailer isn't being pulled, jockey wheels are used to control the vehicle. It is a wheel that is connected to the camper or trailer and allows the individual to maneuver it around in any manner. Yachts, caravans, and other movable objects can all be moved more easily with the help of this device, which is sometimes referred to as a trailer dolly or trailer slider.

The jockey market is expanding as a result of a number of causes, including the advent of e-bikes and electrical caravans, the appeal of cycling and caravanning as means of travel and leisure, and developments in jockey wheels technologies. Also, it is now simpler for customers to access products across the world thanks to the increasing appeal of internet platforms and e-commerce sites. As a result, producers now have a wider customer base and there is more competition on the market, which encourages innovation and raises product standards. In conclusion, the wheel industry is growing as a result of a number of factors, including rising demand, development in technology, and modifications in customer behavior and tastes.

COVID-19 Impact: Scarcity of Components Led to an Increase in Rates of the Wheels

There was scarcity of components and raw materials as a result of the pandemic's disruption of worldwide supply lines. The price of the wheels as well as other bicycle and trailer parts increased as a result, as did the lead times. In addition, security measures and travel restrictions had an effect on the production and distribution of goods, resulting in bottlenecks and delays in the distribution network. For many consumers, the epidemic had also resulted in economic instability and misery. Due to this, several customers reduced their discretionary expenditure, notably on travel-related items such as bicycles and campers. The short-term demand for jockey wheels is significantly impacted by this.

Latest Trends

"Reliability Offered for Persons with Disabilities Has Led to Increase in the Usage of Electric Jockeys"

Electric jockey wheels, which are intended to make navigating caravans, trailers, and boats even simpler, are one of the most recent innovations in the wheel market. One person can easily move big goods with the help of these jockey tires, which have an engine that provides power support. Since they require less manual labor and make moving large loads safer, electric wheels are especially popular with elderly caravan lovers and people with physical limitations. Overall, these recent advancements are a result of jockey producers' continued attempts to improve the functionality, efficiency, and reliability of their goods as well as to meet the changing demands of their clients.

Jockey Wheels Market Segmentation

• By Type Analysis

According to type, the market can be segmented into Capacity：up to 300 kg, Capacity：300 - 500 kg, Capacity：500 - 800 kg, Capacity：800 - 1200 kg, Capacity：1200 - 1500 kg and other

• By Application Analysis

Based on application, the market can be divided into Agricultural, Industrial, Automotive and Other

Driving Factors

"Rising Appeal of Cycling and Camping is Driving the Need for Jockeys "

The need for the wheels is being driven by the rising appeal of cycling and camping as ways to travel and entertainment. The requirement for jockeys is projected to rise as more people take up cycling and traveling by caravan. Jockey wheels are crucial parts of both types of vehicles. More individuals are taking up camping as an alternative form of travel and outdoor exploration. Jockey tires are a crucial part of caravans since they make the vehicle more stable and maneuverable. The popularity of cycling as a mode of transportation, exercise, and outdoor exploration is growing similarly.

"Growth of Internet Sales is Promoting Producers to Develop New Products "

The market for jockey wheels is expanding as a result of the growth of internet platforms and e-commerce sites. Jockeys may now be easily accessed by customers from any part of the world, enabling producers to expand their market and boost sales. Internet sales have also boosted competition in the marketplace, spurring new product development and raising product standards. This is so that customers can quickly and easily evaluate the goods and costs offered by other manufacturers, incentivizing those businesses to improve their goods and provide competitive rates.

Restraining Factors

"Rising Number of Substitute Goods Available are Obstructing the Market Growth"

The jockey wheels market growth is being constrained by the rising number of substitute goods that fulfill comparable functions. For instance, battery-powered electrical trailer movers, which assist in towing trailers and caravans, are gaining popularity. In some situations, these gadgets might take the position of the wheels, which lowers the requirement for the jockeys. Similar to jockey tires, some cycles and e-bikes these days have internally-geared hubs that do away with them. This may have an effect on the market for bicycle jockey gears.

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Jockey Wheels Market Regional Insights

"Government Investments and Expanding Middle Class Population are Driving the Regional Market"

The need for recreational vehicles (RVs), bikes, and trailers is being driven by the vast population and expanding middle class in the Asia Pacific area. To help these vehicles maneuver and steady themselves, this in turn is pushing the demand for wheels. Governments in the area are also making significant investments in the building of fresh roadways and highways, which is likely to encourage the use of the trailers and so raise the need for jockeys. Also, regional producers are investing in R&D to create cutting-edge jockey goods that address the unique requirements of the Asian market, such as compact and small designs for simpler maneuverability in highly populated urban areas. Overall, these factors are promoting the Asia Pacific region to hold the largest jockey wheels market share and this pattern is expected to continue during the forecast period.

Key Industry Players

"Key Players Focus on R&D and Expansion into New Markets to Gain a Competitive Advantage"

Market participants for jockey wheels are adopting a variety of actions to grow their market share. Jockey manufacturers are making significant investments in R&D to stay competitive and fulfill the evolving needs of consumers. This enables them to market cutting-edge items while enhancing the functionality and longevity of their current offerings. To meet the rising demand for their goods, the producers are also extending their reach into new geographical regions. In order to increase consumer knowledge of their products, this involves building additional manufacturing facilities, forming partnerships with regional distributors, and spending money on marketing and advertising campaigns.

LIST OF TOP JOCKEY WHEELS COMPANIES

• Ark Corporation (U.S.)
• Kartt (U.K.)
• BRAUER (Australia)
• AL-KO (Finland)
• SIMOL (Portugal)
• Ezyroll (U.S.)
• ATE UK (U.K.)
• Dutton-Lainson Company (U.S.)
• Xiamen Tinmy Autoparts (China)
• Jinyun County Zhaoshi Tools (China)

Report Coverage

This report covers the jockey wheels market. The CAGR expected to be in during the forecast period, and also the USD value in 2022 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.