PUBLISHER: The Business Research Company | PRODUCT CODE: 1932704
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932704
A jacking oil pump is a compact, high-pressure device that delivers lubricating oil to the bearings of large rotating machinery, such as turbines and motors, during startup and shutdown. It aids in slightly lifting the shaft, minimizing friction and wear, until the main lubrication system takes over. This pump is crucial for equipment using hydrodynamic bearings, which rely on a thin oil film to support the shaft.
The primary types of jacking oil pumps are low-pressure and high-pressure. Low-pressure models are designed to provide a consistent and controlled flow of lubrication at low pressure. The types of jacking oil pumps include electric, pneumatic, hydraulic, and manual variants. These pumps are distributed through various channels such as online sales, direct sales, distributors, resellers, and retail outlets. They are used in automobile engines, marine engines, generator sets, industrial machinery, and aircraft engines, with applications across industries such as oil and gas, manufacturing, construction, vehicle maintenance, and agriculture.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are affecting the jacking oil pump market by increasing the cost of imported precision pumps, pressure components, electric motors, and control units. Power generation, oil and gas, and heavy industrial operators in North America and Europe are most impacted due to reliance on imported systems, while Asia-Pacific suppliers face export pricing pressure. These tariffs are raising maintenance and equipment upgrade costs. However, they are also encouraging domestic manufacturing, localized assembly, and innovation in compact and energy-efficient jacking oil pump solutions.
The jacking oil pump market research report is one of a series of new reports from The Business Research Company that provides jacking oil pump market statistics, including jacking oil pump industry global market size, regional shares, competitors with a jacking oil pump market share, detailed jacking oil pump market segments, market trends and opportunities, and any further data you may need to thrive in the jacking oil pump industry. This jacking oil pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The jacking oil pump market size has grown strongly in recent years. It will grow from $1.27 billion in 2025 to $1.35 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to growth of power generation assets, reliance on hydrodynamic bearings, industrial machinery expansion, preventive maintenance practices, turbine installations.
The jacking oil pump market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2030 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to predictive maintenance adoption, power plant modernization, digital monitoring integration, equipment lifespan extension, industrial automation. Major trends in the forecast period include integration of condition monitoring systems, demand for high-reliability lubrication, adoption in heavy rotating machinery, focus on predictive maintenance, customization for turbine applications.
The rising global energy demand is expected to drive the growth of the jacking oil pump market going forward. Energy refers to the capacity to perform work or produce heat, motion, or light, existing in various forms such as kinetic, potential, thermal, and electrical energy. It is essential for powering natural and human-made processes. The rising energy demand is due to urbanization and industrialization, leading to higher consumption as cities expand and industries require more power. A jacking oil pump is used in energy production to lift turbine shafts with high-pressure oil during startup and shutdown, reducing friction and wear. It ensures smooth operation, enhances efficiency, and extends equipment lifespan. For instance, in July 2024, according to the International Energy Agency, a France-based intergovernmental organization, the global electricity demand grew by around 4% in 2024, up from 2.5% in 2023. Therefore, rising global energy demand is driving the growth of the jacking oil pump market.
Major companies operating in the jacking oil pump market are focusing on developing advanced innovations, such as IoT-enabled remote-monitoring and digital control systems, to gain a competitive advantage. These systems collect real-time sensor data from wells, apply remote controls and analytics, and enable predictive maintenance and autonomous adjustments to artificial-lift operations, thereby improving uptime, efficiency, and cost-effectiveness. For instance, in October 2025, Weatherford International, a Switzerland-based oilfield services company, launched its new "Industrial Intelligence" digital portfolio, part of which includes the WASP Distributed Fiber Optic Sensing system and edge-device controls, enabling continuous remote surveillance, real-time flow measurement, automated adjustments, and integration with cloud or on-site analytics. The system supports distributed fiber-optic sensing for downhole assets, edge-embedded control logic for lift optimization, and unified data modeling across wells. This trend strengthens reliability and operational insight, though widespread adoption may require upgrading legacy sites and investing in robust IoT infrastructure.
In January 2024, National Oilwell Varco Inc., a US-based provider of technology, equipment, and services to the oil and gas industry, acquired Extract Companies LLC for an undisclosed amount. The goal of this acquisition is to enhance NOV's offerings by leveraging expertise in artificial lift technologies, thereby positioning the company to meet the increasing demand in the oil and gas sector. Extract Companies LLC is a US-based manufacturer of oil pump jacks.
Major companies operating in the jacking oil pump market are Parker Hannifin Corporation, SPX FLOW Inc., Enerpac Tool Group, Kirloskar Brothers Limited, Duplomatic Motion Solutions S.p.A., Settima Meccanica S.r.l., Atlantic Hydraulic Systems Inc., Powertherm Engineering Pvt. Ltd., Shandong Rongli Petroleum Machinery Co. Ltd., Dongfang Yoyik (Deyang) Engineering Co. Ltd., Deyang YOYIK Environmental Protection Technology Co. Ltd., Kaifeng Dafang Prestressed Co. Ltd., Hydratight Limited, Haskel International Inc., Hi-Force Hydraulic Tools (UK) Ltd., Hydrosila Group, Bosch Rexroth AG, Poclain Hydraulics SAS, Rotary Power Hydraulics Ltd., Hydac International GmbH
North America was the largest region in the jacking oil pump market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the jacking oil pump market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the jacking oil pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The jacking oil pump market consists of sales of motor-driven jacking oil pumps, engine-driven jacking oil pumps, gear-driven jacking oil pumps, progressing cavity jacking oil pumps, and centrifugal jacking oil pumps. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Jacking Oil Pump Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses jacking oil pump market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for jacking oil pump ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The jacking oil pump market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.