Hydraulic equipment uses pressurized fluid to generate power. The fluid used can be water or oil and the market is segmented on the basis of components into pump and motor, cylinder, valve, and others.
A major factor driving the growth of the market is the rise in building and construction activities. Construction activities have been growing around the world, particularly in emerging economies. One of the prominent growth sectors in the construction industry is the residential sector where several projects are being initiated. For instance, in 2015, the Government of India announced the Housing for All program, under which the government aims at providing affordable housing by 2023. Under this program, the government will provide tax rebates and interest waivers for home loans.
One trend affecting this market is increasing penetration of digitization and IoT in hydraulic devices. Vendors are integrating IoT technology for predicting hydraulic hose failure or connector leakage. Such rising use of IoT integrated hydraulic devices will propagate the market growth in the forthcoming years.
The Americas accounted for the maximum growth of the hydraulic devices market. With growing infrastructure opportunities in the advanced economies such as the US, this region will continue to dominate the market during the next few years as well.
The Hydraulic Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hydraulic Equipment.
This report presents the worldwide Hydraulic Equipment market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Kawasaki Heavy Industries
Hydraulic Equipment Breakdown Data by Type
Pump and Motor
Hydraulic Equipment Breakdown Data by Application
Hydraulic Equipment Production by Region
Hydraulic Equipment Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hydraulic Equipment status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Hydraulic Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hydraulic Equipment :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydraulic Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.